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05-13-15 Meeting of the La Porte Development Corporation Board of Directors
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05-13-15 Meeting of the La Porte Development Corporation Board of Directors
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La Porte TX
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Agenda PACKETS
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5/13/2015
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REQUEST FOR CITY COUNCIL AGENDA ITEMREQUEST FOR CITY COUNCIL AGENDA ITEM <br />May 11, 2015May 11, 2015AppropriationAppropriation <br />Agenda Date Requested:Agenda Date Requested: <br />N/A N/A <br />Corby Alexander Corby Alexander Source of Funds:Source of Funds: <br />Requested By: <br />Account Number:Account Number: <br />Administration Administration <br />Department: <br />Amount Budgeted:Amount Budgeted: <br />Report:Resolution:Resolution:Ordinance:Ordinance: <br />Amount Requested:Amount Requested: <br />Other: <br />Budgeted Item:Budgeted Item:YESYESNONO <br />Attachments :Attachments : <br />1. Resolution1. Resolution <br />2. Invitation to Join Houston Coalition of Cities2. Invitation to Join Houston Coalition of Cities <br />SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS <br />Attached is a resolution to join the Houston Coalition of Cities for intervening into the CenterPoint Energy DCRF Attached is a resolution to join the Houston Coalition of Cities for <br /> intervening into the CenterPoint Energy DCRF <br />rate case. On April 6, 2015, CenterPoint Energy Houston Electric, LLC (CenterPoint) filed an application for rate case. On April 6, 2015, CenterPoint Energy Houston Electric, LLC (CenterPoint) <br /> filed an application for <br />approval of a Distribution Cost Recovery Factor (DCRF) in each municipality exercising original jurisdiction over approval of a Distribution Cost Recovery Factor (DCRF) in each municipality <br /> exercising original jurisdiction over <br />CenterPoints electric rates. CenterPoints electric rates. CenterPoints DCRF request represents a $16.7 million increase for service to retail s DCRF request represents a $16.7 million <br /> increase for service to retail <br />electric customers within CenterPointelectric customers within CenterPoints service area. s service area. <br />The City of Houston organized a team of experts to review the rate request and to assist in the preparation of a The City of Houston organized a team of experts to review the rate request <br /> and to assist in the preparation of a <br />final recommendation. The City of Houston is inviting the Cityfinal recommendation. The City of Houston is inviting the Citys participation in the Houston Coalition of Cities, a <br /> s participation in the Houston Coalition of Cities, a <br />Coalition representation municipalitiesCoalition representation municipalitiesinterests in the rate case proceedings. No financial contributions by interests in the rate case proceedings. <br /> No financial contributions by <br />member cities will be required. The City of Houston will pay all costs associated with the proceedings. member cities will be required. The City of Houston will pay all costs associated <br /> with the proceedings. <br />Staff recommends Council consider adopting the proposed resolution to participate in the Houston Coalition of Staff recommends Council consider adopting the proposed resolution to participate <br /> in the Houston Coalition of <br />Cities. <br />Action Required of Council:Action Required of Council: <br />Consider approval or other action of a resolution authorizing the City of La Porte to join with other municipalities Consider approval or other action of a resolution authorizing the <br /> City of La Porte to join with other municipalities <br />as part of the Houston Coalition of Citiesas part of the Houston Coalition of Cities.. <br />Approved for City Council AgendaApproved for City Council Agenda <br />Corby D. Alexander, City ManagerCorby D. Alexander, City ManagerDateDate <br /> <br />
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