O-2010-3266 suspending CenterPoint Energy’s utility rate increase for ninety (90) days

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rate analysis and public comment by suspending the New Rates for ninety days beyond August 6, 20 I 0, the date the New Rates would otherwise be effective; and WHEREAS, the City has standing in each case before the Public Utility Commission of Texas ("PUC") that relates to an electric utility providing service within the City pursuant to PURA Section 33.025; NOW, THERERFORE, BE IT ORDAINED BY THE CITY COlJNCIL OF THE CITY OF LA PORTE, TEXAS: Section 1. That the facts contained in the preamble of this Ordinance are determined to be true and correct and are hereby adopted as part of this Ordinance. Section 2. To allow for coordinated rate analysis and public comment, the etTective date of the New Rates filed with the City by CenterPoint Electric on August 6, 20 I 0, is hereby suspended tor ninety days beyond August 6, 2010, the date the New Rates would otherwise be eftective, to November 4, 20 I O. Section 3. The rates in eftect as of June 30. 20 10, the tiling date, shall remain in effect until the earlier of the expiration of the Suspension Period or the adoption of a replacement rate ordinance by this Council. Section 4. The City may participate with other Cities through the Coalition to intervene and participate in all proceedings related to or aftecting CenterPoint Electric's rates within the City at the PUC until the tinal resolution of the New Rates. Section 5. The City Council ofticially tinds. determines. recites and declares that a sutlicient written notice of the date. hour. place and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the City of La Porte, Texas tor the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by 3