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i <br /> RESOLUTION NO..o — ® �o <br /> A RESOLUTION OF THE ;CITY OF LA PORTE, TEXAS, FINDING THAT <br /> CENTERPOINT ENERGY RESOURCES CORP. D/B/A CENTERPOINT ENERGY <br /> ENTEX AND CENTERPOINT ENERGY TEXAS GAS' STATEMENT OF INTENT TO <br /> INCREASE RATES FILING WITHIN THE CITY SHOULD BE DENIED; FINDING <br /> THAT THE CITY'S REASONABLE RATE CASE EXPENSES SHALL BE <br /> REIMBURSED BY THE COMPANY; FINDING THAT THE MEETING AT WHICH <br /> THIS RESOLUTION IS PASSED IS OPEN TO'THE PUBLIC AS REQUIRED BY LAW <br /> IN COMPLIANCE WITH THE OPEN MEETINGS LAW; REQUIRING NOTICE OF <br /> THIS RESOLUTION TO THE COMPANY; AND PROVIDING AN EFFECTIVE DATE. <br /> WHEREAS, the City of, La Porte, Texas, ("City"), is a gas utility customer of <br /> CenterPoint Energy Resources Corp., d/b/a CenterPoint Energy Entex and CenterPoint Energy <br /> Texas Gas, ("CenterPoint Texas")'which is a part of CenterPoint Texas' Texas Coast Division <br /> and a regulatory authority with an interest in the rates and charges of CenterPoint Texas; and <br /> WHEREAS, the City is served by CenterPoint Texas and has resolved to efficiently and <br /> cost effectively review and respond to natural gas issues affecting rates charged in CenterPoint <br /> Texas' Texas Coast Division service area; and <br /> WHEREAS, on or about March 27, 2015, CenterPoint Texas filed with the City a <br /> Statement of Intent to Increase Rates seeking to increase natural gas rates by $6.77 million <br /> annually and to all customers residing in the City; and <br /> WHEREAS, the City found, upon its review of CenterPoint Texas' Statement of Intent <br /> to Increase Rates,that CenterPoint Texas' existing rates are excessive; and <br /> WHEREAS,the City denies the Statement of Intent to Increase Rates. <br /> NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF <br /> LA PORTE,TEXAS: <br /> Section 1. That the rates proposed by CenterPoint Texas to be recovered through its gas <br /> rates charged to customers located within the City,limits are hereby found to be unreasonable <br /> and shall be denied. <br /> Section 2. That CenterPoint Texas shall continue to charge its existing rates to customers <br /> within the City. <br /> Section 3. That the City's reasonable rate case expenses shall be reimbursed in full by <br /> CenterPoint Texas within 30 days of the adoption of this Resolution. <br /> Section 4. That it is hereby officially found and determined that the meeting at which <br /> this Resolution is passed is open to the public as required by law, and the public notice of the <br /> time,place, and purpose of said meeting was given as required. <br /> 1 <br />