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HomeMy WebLinkAboutR-2008-04 This Option Selected/suspend effective date of CenterPoint’s rate increase for 90 days RESOLUTION NO. 2008--<<-- RESOLUTION OF THE CITY OF LA PORTE, TEXAS SUSPENDING THE APRIL 10, 2008, EFFECTIVE DATE OF CENTERPOINT ENERGY RESOURCES CORP., D/B/A CENTERPOINT ENERGY ENTEX AND CENTERPOINT ENERGY TEXAS GAS (CENTERPOINT) REQUESTED RATE CHANGE TO PERMIT THE CITY OF LA PORTE TIME TO STUDY THE REQUEST AND TO ESTABLISH REASONABLE RATES; REQUIRING REIMBURSEMENT OF LA PORTE'S RATE CASE EXPENSES; FINDING THAT THE MEETING AT WHICH THIS RESOLUTION IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW; REQUIRING NOTICE OF THIS RESOLUTION TO CENTERPOINT WHEREAS, on or about March 6, 2008, CenterPoint Energy Resources Corp., d/b/a CenterPoint Energy Entex and CenterPoint Energy Texas Gas ("CenterPoint" or "Company"), pursuant to Gas Utility Regulatory Act S 104.102 filed with the City of La Porte, Texas a Statement of Intent to change gas rates in all municipalities exercising original jurisdiction within its Texas Coast Division service area effective April 10, 2008; and WHEREAS, the Gas Utility Regulatory Act S 104.107 grants local regulatory authorities the right to suspend the effective date of proposed rate changes for ninety (90) days; and WHEREAS, the Gas Utility Regulatory Act S 103.022 provides that reasonable costs incurred by Cities in ratemaking activities are to be reimbursed by the regulated utility; and WHEREAS, on or about March 6, 2008 simultaneous with the filing with the City, CenterPoint filed a Statement of Intent to change gas rates for the Texas Coast environs with the Railroad Commission of Texas referred to as Gas Utility Docket ("GUD") No. 9791. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS: 1. That the April 10, 2008, effective date of the rate request submitted by CenterPoint on or about Mach 6, 2008, be suspended for the maximum period allowed by law to permit adequate time to review the proposed changes and to establish reasonable rates. 2. That the City is authorized to intervene and paticipate in GUD No. 9791, Statement of Intent of CenterPoint Energy Resources Corp. D/B/A CenterPoint Energy Entex and CenterPoint Energy Texas Gas to Increase Rates in the Unincorporated Areas of CenterPoint's Texas Coast Division, in order to protect the interests of the City. 3. That the City's reasonable rate case expenses shall be reimbursed by CenterPoint. 1 4. That it is hereby officially found and determined that the meeting at which this Resolution is passed is open to the public as required by law and the public notice of the time, place, and purpose of said meeting was given as required. 5. A copy of this Resolution shall be sent to CenterPoint, care of Denise Hardcastle, Director of Regulatory Activities and Compliance, CenterPoint Energy, P.O. Box 2628, Houston, Texas 77252-2528. ~L~ Alton E. Porter Mayor, City of La Porte, Texas ATTEST: ~dtH~O'/d Martha Gillett City Secretary ~d r ;(41.. C T. Askins ~ Assistant City Attorney 2