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HomeMy WebLinkAboutOrdinance No. 99-1120ORIGM CITY OF THE COLONY, TEXAS ORDINANCE NO. q 'f 1,0d AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS SUSPENDING THE RATE INCREASE PROPOSED IN THE STATEMENT OF INTENT FILED BY LONE STAR GAS COMPANY ON MAY 7, 1999, FOR 90 DAYS BEYOND THE INTENDED EFFECTIVE DATE OF JUNE 14, 1999; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on May 7, 1999, Lone Star Gas Company, a division of Enserch Corporation, filed with the City of The Colony, Texas (the "City") a "Statement on Intent to Change Rates" pursuant to Sections 104.101 to 104.111, Texas Utilities Code (the "Code") in which Lone Star Gas seeks, among other things, to increase annual revenue on the Northeast Metro Distribution System (of which the City is a part) and to implement various automatic rate adjustment clauses effective June 14, 1999; and WHEREAS, the City has elected to regulate and supervise a gas utility in is municipal limits and pursuant to Section 103.001 of the Code has exclusive original jurisdiction over the rates, operations and services of Lone Star Gas Company within its municipal limits; and WHEREAS, pursuant to Section 104.107 of the Code, the City may suspend the proposed effective date of new rate schedules for a period not to exceed 90 days beyond the date which the schedule of proposed rates would otherwise go into effect; and WHEREAS, it is necessary for the City to review the legality, reasonableness and propriety of Lone Star Gas' proposed changes; and WHEREAS, the said review can be performed efficiently under the direction of a Steering Committee of representatives from the Northeast Metro Cities; and WHEREAS, Sections 103.021 and 103.022 of the Code authorize a municipality to retain personnel necessary to make a determination of reasonable rates and to be reimbursed for the expense of such assistance by the regulated utility. NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF THE COLONY, TEXAS: Section 1. The rate increase and rate schedules filed by Lone Star Gas Company with the City and proposed to become effective on June 14, 1999 are hereby suspended for a period of 90 days beyond the date on which the schedule of proposed rates would otherwise have gone into effect (such 90 day period ending on September 12, 1999), for the reasons that: (a) It is necessary to evaluate the reasonableness of Lone Star Gas Company's proposed increase in rates; and (b) It is necessary to evaluate the legality and reasonableness of Lone Star Gas Company's proposed transformation of traditional regulatory concepts with various automatic adjustment clauses. Section 2. Subject to the City's right to terminate employment at any time, the City Attorney is hereby authorized to retain the law firm of Butler, Porter, Gay & Day and other qualified consultants to review the Lone Star Gas Company filing, prepare a report to the City Council, and to handle any possible appeal of a City Ordinance to the Railroad Commission or courts. Section 3. Lone Star Gas Company shall reimburse the City expenses in this matter on a monthly basis. Section 4. This Ordinance shall become effective from and after its date of passage. �EoPASSED AldNp APPROVED by the City Council of the City of The Colony, Texas this day of '1999. � n Mayor William Manning City of The Colony, Texas ATTEST: By: Patti Hicks, City Secretary APPROVED AS TO FORM: By: J Hill, City Attorney