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HomeMy WebLinkAboutResolution 4928-04-2018 A Resolution NO. 4928-04-2018 A RESOLUTION OF THE CITY OF FORT WORTH, TEXAS FINDING THAT ONCOR ELECTRIC DELIVERY COMPANY LLC'S APPLICATION FOR APPROVAL OF A DISTRIBUTION COST RECOVERY FACTOR PURSUANT TO 16 TEX. ADMIN. CODE § 25.243 TO INCREASE DISTRIBUTION RATES WITHIN THE CITY SHOULD BE DENIED; FINDING THAT THE CITY'S REASONABLE RATE CASE EXPENSES SHALL BE REIMBURSED BY ONCOR; FINDING THAT THE MEETING AT WHICH THIS RESOLUTION IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW; REQUIRING NOTICE OF THIS RESOLUTION TO ONCOR AND LEGAL COUNSEL. WHEREAS, the City of Fort Worth, Texas ("City") is an electric utility customer of Oncor Electric Delivery Company LLC ("Oncor"), and a regulatory authority with an interest in the rates and charges of Oncor;and WHEREAS, the City is a member of the Steering Committee of Cities Served by O cor ("OCSC"), a membership of similarly situated cities served by Oncor that have joined together to efficiently and cost effectively review and respond to electric issues affecting rates charged in On or's service area; and WHEREAS, on or about April 5, 2018 Oncor filed with the City an Application for Approval of a Distribution Cost Recovery Factor ("DCRF") with cities with original jurisdiction and the same under PUC Docket No. 48231, seeking to increase electric distribution rates by approximately $19,002,177; and WHEREAS, all electric utility customers residing in the City will be impacted by this ratemaking proceeding if it is granted;and WHEREAS, OCSC is coordinating its review of the DCRF filing with designated attorneys and consultants to resolve issues in Oncor's application;and WHEREAS, OCSC members and attorneys recommend that members deny the DCRF. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 1. That the City is authorized to participate with OCSC in PUC Docket No.48231. OTS 2. That subject to the right to terminate employment at any time, the City hereby authorizes OCSC to hire the law firm of Lloyd Gosselink and consultants to negotiate with Oncor, make recommendations to the City regarding reasonable rates, and to direct any necessary administrative proceedings or court litigation associated with an appeal of the DCRF filed with the PUC. 3. That the rates proposed by Oncor to be recovered through the DCRF charged to customers located within the City limits, are hereby found to be unreasonable and shall be denied. 4. That Oncor shall continue to charge its existing rates to customers within the City. 5. That the City's reasonable rate case expenses shall be reimbursed in full by Oncor within 30 days of presentation of an invoice to Oncor. 6. That it is hereby officially found and determined that the meeting at which t h i s Resolution is passed is open to the public as required by law and the public notice of the time,place, and purpose of said meeting was given as required. 7. That a copy of this Resolution shall be sent to Stephen N. Ragland, 1616 Woodall Rodgers Freeway, Dallas, Texas 75202 and to Thomas Brocato, General Counsel to OCSC, at Lloyd Gosselink Rochelle & Townsend, P.C., P.O. Box 1725, Austin, Texas 78767-1725. Adopted this 17th day of April, 2018. ATTEST: FORT�L U :2 jMaJ. K s ,gCii—t—yecretar 7�j(A Y W20-0