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the date the New Rates would otherwise be effective, to allow for coordinated rate analysis, <br />consideration of the New Rates, and public comment; and <br />WHEREAS, the City has standing in each case before the Texas Public Utility Commission <br />("PUC') that relates to an electric utility providing service within the City pursuant to PURA <br />Section 33.025; <br />NOW, THERERFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF <br />LA PORTE, TEXAS: <br />Section 1. That the facts contained in the preamble of this ordinance are determined to be true and <br />correct and are hereby adopted as part of this ordinance. <br />Section 2. To allow for coordinated rate analysis, consideration of other issues, and public <br />comment, the effective date of the New Rates filed with the City by CenterPoint on March 6, 2024, <br />is hereby suspended for ninety days beyond April 10, 2024, or the date the Rate Increase would <br />otherwise be effective, <br />Section 3. The rates in effect as of March 6, 2024, the Application filing date, shall remain in <br />effect until the earlier of the expiration of the Suspension Period or until changed by the adoption <br />of a replacement rate ordinance by this Council. <br />Section 4. The City may intervene and participate in all proceedings related to or affecting <br />CenterPoint's rates within the City at the PUC until the final resolution of the New Rates. <br />Section 5. The City Council officially finds, determines, recites and declares that a sufficient <br />written notice of the date, hour, place and subject of this meeting of the City Council was posted <br />at a place convenient to the public at the City Hall of the City of La Porte, Texas for the time <br />required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, <br />Texas Government Code; and that this meeting has been open to the public as required by law at <br />all times during which this ordinance and the subject matter thereof has been discussed, considered <br />and formally acted upon. The City Council further ratifies, approves and confirms such written <br />notice and the contents and posting thereof. <br />PASSED and APPROVED this, the 8" day of April, 2024 <br />CITOOF TEXAS <br />rLo APPROVED AS TO FORM: <br />Clark T. Askins, City Attorney <br />