1977-09-13 Special Meeting - Laserfiche WebLink

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CJ • Wayne D.Johnson SENIOR VICE PRESIDENT AND GENERAL COUNSEL Mayor and City Officials City of La Porte P. 0. Box 1115 La Porte, Texas 77571 Ladies and Gentlemen: September 9, 1977 Entex, Inc. (Entex) filed its Statement of .Intent to Change Rates with the City of La Porte (City) on March 30, 1977. Subsequently, you entered on a hearing at which evidence was presented by Entex in support of the proposed change; you approved a Bond permitting Entex to collect its proposed rates, subject to refund, pending a final determination of the rate case; and finally, you denied Entex any increase in rates. Entex filed its Petition for Review of the City's action with the Railroad Commission of Texas (Commission) on September 7, 1977. Entex and the City were unable to reach agreement with respect to the proper level of rates because, inter alia, of certain provisions of a Proposal for Decision published in Entex's Beaumont rate case, docketed as GUD N0. 710 at the Commission. Both the City and Entex recognize that, whatever the outcome of the Beaumont case at the Commission, the case may be appealed to the courts, and that the final determina- tion, at the Commission or in the courts, of the Beaumont case may have some effect on the disposition of certain issues in the Entex - La Porte rate case. Accordingly, in consideration of the mutual benefits accruing to Entex and to the City and subject to the terms and conditions hereof, it is agreed as follows: (lj Entex and the City agree to continue attempts to settle their dispute and, in the event a settlement has not been reached prior to a final determination in the Beaumont case, to reopen negotiations no later than ten (10) days after such final decision; • ENTEX, INC., P.O. BOX 2628, HOUSTON, TEXAS 77001, (713) 659-5111