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REQUEST FOR CITY COUNCIL AGENDA ITEM <br />Agenda Date Requested: October 25, 2010 <br />Requested By: Ron Bottoms <br />Department: Administration <br />Report: Resolution: Ordinance: X <br />Exhibits: Ordinance <br />Exhibits: <br />Exhibits: <br />Appropriation <br />Source of Funds: <br />Account Number: <br />Amount Budgeted: <br />Amount Requested: <br />Budgeted Item: YES NO <br />SUMMARY & RECOMMENDATION <br />On July 26, 2010, the City Council adopted Ordinance 3266 suspending the effective date of <br />CenterPoint Energy's new rates until November 2, 2010 and agreed to participate with the <br />Houston Coalition of Cities opposing the rate increase. <br />On September 10, 2010 the Houston Coalition filed the testimony of seven utility rate experts <br />challenging CenterPoint Energy's proposed increase. Rebuttal testimony was filed on <br />September 24"'. The process is ongoing with an expected hearing before the Public Utilities <br />Commission sometime in December or January. <br />The Houston Coalition is recommending that member cities adopt the attached ordinance <br />denying CenterPoint's proposed rate increase and maintaining the existing rates in effect for <br />customers within our city until the proceedings have been concluded. This Ordinance must be <br />passed on or before November 2, 2010, in order to replace Ordinance 3266 and avoid CenterPoint <br />Energy's rate increase. <br />Action Required by Council: <br />approving an ordinance denying CenterPoint Energy's proposed rate increase. <br />Co <br />Ron Bottoms, City Manager <br />1c) /J16 lic> <br />Date <br />