HomeMy WebLinkAboutResolution No. 03-01 RESOLUTION NO. ~) ~ ~t
A I~SOLUTION OF THE CITY OF THE COLONY, TEXAS, ENDORSING
CERTAIN LEGISLATIVE CHANGES TO S.B.7 SUPPORTED BY CITIES
AGGREGATION POWER PROJECT, INC.
WHEREAS, the City of The Colony, Texas (City) has historically been active in the
process of regulation of electric utilities; and
WHEREAS, the City is a member of Cities Aggregation Power Project, Inc. (CAPP)
and, as such, made a decision to switch its municipal electric accounts
from its incumbent provider to a retail electric provider prior to January 1,
2002; and
WHEREAS, the City's experience with electric deregulation during 2002 has been
frustrating because of:
(1) increased complexity and inefficiencies regarding service quality;
(2) numerous account switchover and billing problems;
(3) loss of budget and financial accountability regarding electric cost;
(4) additional resources needed to manage and reconcile invoices for
electricity;
(5) current statutory restrictions make aggregation on behalf of citizens
impractical;
(6) the small number of bidders and narrowness of distinction between
bids.
WHEREAS, the City endorses efforts to modify the electric deregulation legislation to
improve competition and reduce costs to the City and its residents.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE
COLONY, TEXAS, THAT:
Legislative reforms regarding market power, citizen aggregation and price to beat fuel
factors endorsed by CAPP be supported by the City.
II.
A copy of the resolution shall be sent to the elected lawmakers representing the City's
interests in the Texas House and Senate and to the Chairman and legal counsel of CAPP.
· P~RE,SENTED AND PAS~ED on this ,z;Q0t2Jday of ,--_J J~lq 0 ~ ~-t~, 2003, by
a vote m ~ayes and ~ nays at a regular meeting of the City Cotlncil of the
Cit~v af~t-fi ( b Co ~v', Texas.
Mayor