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<br />JSP <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: April 24. 2006 <br /> <br />Appropriation <br /> <br />Requested By: Debra Feazelle, City Mana2er <br /> <br />Source of Funds: <br /> <br />Department: Administration <br /> <br />Account Number: <br /> <br />Report: <br /> <br />Resolution: <br /> <br />Ordinance: <br /> <br />x <br /> <br />Amount Budgeted: <br /> <br />Exhibits: <br /> <br />Ordinance 2006- <br /> <br />Amount Requested: <br /> <br />Exhibits: <br /> <br />A2reement <br /> <br />Budgeted Item: Nt A <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The Public Utility Commission of Texas issued an order requiring CenterPoint Houston to file a transmission and <br />distribution rate filing package on or before April 15, 2006. CenterPoint has approached La Porte to enter into an <br />agreement with CenterPoint that would resolve all issues related to the docket, to continue existing base rates, and to <br />establish certain procedures to be applied to CentePoint for the calendar years 2006-2009 as listed in the attached <br />Term Sheet for Settlement of CenterPoint Houston Electric Rate Case. <br /> <br />Staff recommends Council approve of an agreement with CenterPoint Energy Houston Electric. <br /> <br />Action Required bv Council: <br /> <br />Consider approval of an ordinance approving an agreement between the City and CenterPoint Energy Houston <br />Electric. <br /> <br /> <br />4- Jq~tJta <br /> <br />Date I <br /> <br />[AJ~~ 0 <br />~ rh{J~ <br /> <br />