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HomeMy WebLinkAbout03/23/1979 City Council 000847 MINUTES OF THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS HELD ON MARCH 23, 1979 An Emergency Called Session of the City Council was called to order with the following members present: Sandra Shearer Mayor Pro Tem Clint Davis Councilman Linda A. Adams Councilman Gary Shipman Co tncilman and with Mayor William J. Longo absent; however, a quorum was established. 1. RECEIVE A REPORT FROM JOE NALLS, RATE CONSULTANT FOR THE CITY Mr. Joe Nails briefed the City Council on the status of the Lone Star Gas rate appeal case. Mr. Nalls stated that Lone Star Gas is now asking for 3]~ revenue increase based on the present number of customers. After analyzing the data from the rate section of the Lone Star Gas Financial report which is filed and certified with the Railroad Commission, Mr. Nalls stated that he did come to the conclusion that their expenses indicated that they did need more revenue. Mr. Nalls' recommendation is that they be allowed a 20~ increase based on the present number of customers. There followed a lengthy and detailed discussion concerning this matter. 2. CONSIDERATION OF APPROVING AN EXHIBIT ESTABLISHING RATES FOR THE LONE STAR GAS TO BE PRESENTED TO THE RAILROAD COMMISSION Mr. Na!ls stated that evidence must be presented from both sides and it is his and Mr. Louis Nichols, attorney for the City, suggestion that in asking for this 20%o increase that the following rate structure be presented also: City Exhibit No. 12 Witness March, 1979. Town oI' The Colony, Texas Comparison of Lone Star Gas Company's Present Appealed for and Suggested Net Rates @ Base Cost of $1.9238 Present Set On 5/16/77 O0mpany Appealed(l) City Suggested Schedule of Net for 33.41% Increase 20.40%o Increase Consumption ($1.3488~CF Base) ($1.9238/MCF Base) ($1.9238/MCF Base) per MCF per MCF per MCF (3) Summer Winter Summer Winter Customer Charge - - $3.00 $3.00 $3.00 $3.00 For the First (2) 1,000 Cuft $3.50 2.7723 3.0223 2.424 2.674 For All Over 1,000 Cuft 1.835 2.7723 3.0223 2.424 2.674 Notes: (1) Company applied for 48.3~% rate increase, or increase of $33,593 in Gas Sales Revenue, and $3,916 in Sez~¢ice Charge Revenue on August 22, 1978, when the fuel base cost was $1.7636/MCF and the Adjusted Revenue for 12 months was $77,571. (2) Increased from $3.00 on December 18, 1978. (3) Company applied for $6.00 Customer Charge on Commercial Consumption with the same Commodity Charge as applied to residential use. 000348 Councilman Davis stated that he was of the opinion that an approximate 7% increase in rates is in compliance with President Carter's economic guildelines and should be the maximum recommended by the City. Coucilman Shipman and Adams agreed with the concept but felt this position wo~2d not be received favorably by the Railroad Commission. Councilman ~Shipman moved that the above described rate structure be presented by the attorney for the City at the interim rate hearing to be held on March 28, 1979. After a lengthy discussion, Councilman Adams seconded the motion. Prior to voting the Council directed Tom Hart, City Manager to instruct Mr. Nichols to stress in his plea that a 7~ rate increase is recommended by the The Colony and that a 20% increase is the maximum amount of rate increase. The motion was passed by the following roll call vote: Ayes: All members present voted aye Noes: None There being no further action to be taken by the Council, Councilman Davis moved that the meeting be adjourned. Seconded by Councilman Adams, the motion was passed by the following roll call vote: Ayes: All members present voted aye Noes: None Mayor Pro Tern Shearer adjourned the meeting at ll:00 A.M. Sandra Shearer Mayor Pro Tem Carroll /y Secretary