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<br />;5(3 <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: A>>ril 24. 2006 <br /> <br />A>>>>ro>>riation <br /> <br />Requested By: Debra Feazelle, City Mana2er <br /> <br />Source of Funds: <br /> <br />Department: Administration <br /> <br />Account Number: <br /> <br />Report: <br /> <br />Resolution: <br /> <br />Ordinance: <br /> <br />x <br /> <br />Amount Budgeted: <br /> <br />Exhibits: <br /> <br />Ordinance 2006- <br /> <br />Amount Requested: <br /> <br />Exhibits: <br /> <br />A.2reement <br /> <br />Budgeted Item: N/A <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The Public Utility Commission of Texas issued an order requiring CenterPoint Houston to file a transmission and <br />distribution rate filing package on or before April 15, 2006. Center Point has approached La Porte to enter into an <br />agreement with CenterPoint that would resolve all issues related to the docket, to continue existing base rates, and to <br />establish certain procedures to be applied to CentePoint for the calendar years 2006-2009 as listed in the attached <br />Term Sheet for Settlement of CenterPoint Houston Electric Rate Case. <br /> <br />Staff recommends Council approve of an agreement with Center Point Energy Houston Electric. <br /> <br />Action Required bv Council: <br /> <br />Consider approval of an ordinance approving an agreement between the City and CenterPoint Energy Houston <br />Electric. <br /> <br /> <br />4- ;CJ-tJ!c <br /> <br />Dare { <br /> <br />iN 1 <br /> <br />~ <br /> <br /> <br /> <br />M~ <br />