Loading...
HomeMy WebLinkAboutCity Council Resolutions (R-07-2877)-09/04/2007RESOLUTION R-07-2877 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS, DENYING THE REQUEST OF ATMOS ENERGY CORP., MID-TEX DIVISION, FOR AN ANNUAL GAS RELIABILITY INFRASTRUCTURE PROGRAM (GRIP) RATE INCREASE IN THIS MUNICIPALITY; AND PROVIDING A REQUIREMENT FOR A PROMPT REIMBURSEMENT OF COSTS INCURRED BY THE CITY WHEREAS, the City previously suspended the May 31, 2007, proposal by Atmos Energy Corporation (the "Company") to implement interim rate adjustments ("GRIP rate increases"); and WHEREAS, counsel for the ACSC, upon review of the Company's filing and upon consultation with various consultants, recommends finding that the Company's proposal is unjustified and unreasonable; and WHEREAS, the City deems the denial of the GRIP rate increases wholly justified, legally and factually supported, and in the best interest of the health, safety, and welfare of the public. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT the Company's GRIP rate increase request is found to be unreasonable and is therefore denied in all respects. Sec. 2. THAT the costs incurred by the City in reviewing the Company's GRIP request shall be promptly reimbursed by the Company. AND IT IS SO RESOLVED. APPROVED BY A VOTE OF AYES, O NAYS AND O ABSTENTIONS ON THIS THE ~ DAY OF 2007. ATTEST• ~ ~ ~ .- ynthia Singleton, TRMC, CMC City Secretary CITY OF COLLEYVILLE !~ David Kelly Mayor