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HomeMy WebLinkAboutResolution No. 00-38 CITY OF THE COLONY, TEXAS RESOLUTION NO. ~9~9-,..~ A RESOLUTION OF THE CITY OF THE COLONY, TEXAS, AGREEING TO SUSPEND THE ISSUE REGARDING THE STATEMENT OF INTENT OF TXU GAS DISTRIBUTION TO INCREASE THE RATES CHARGED FOR NATURAL GAS SERVICE; AUTHORIZING PARTICIPATION IN ANY COALITION FORMED FOR THE PURPOSE OF REVIEW AND CONSIDERATION OF THE INTENDED RATE INCREASE BY TXU GAS DISTRIBUTION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, TXU Gas Distribution has issued a Statement of Intent to increase the rates charged for natural gas service in the City of The Colony. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. That the City Council of the City of The Colony agrees that it is in the best interest of the City to suspend the issue regarding TXU Gas Distribution's Statement of Intent to increase the rates charged for natural gas se_mice, providing an additional nineW (90) days for further review and consideration. Section 2. That the City of The Colony is hereby authorized to participate in any coalition formed to review the rate increase for natural gas service. Section 5. That this resolution shall become effective from and after its date of passage in accordance with law. PASSED AND APPROVEDc~~ THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS, ON THIS ,:~o*'rw DAY OF AUGUST, 2000. C~°orf The Colony, Texas CITY OF THE COLONY S:~SHARE~LAW_WPXdvlUNICIPAL\THE COLONYLRESOLUTIONS\TXU GAS DIST.DOC ATTEST: City Secretary City of The Colony, Texas [Seal] APPROVED AS TO FORM: CITY OF THE COLONY S:kSHARE\LAW_WPkMUNICIPAL\THE COLONY~J~.ESOLUTiONS\TXU GAS DIST.DOC