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HomeMy WebLinkAboutCity Council Resolutions (Resolution R-21-4608)-04/20/2021RESOLUTION R-21-4608 A RESOLUTION OF THE CITY OF COLLEYVILLE, TEXAS FINDING ONCOR ELECTRIC DELIVERY COMPANY LLC'S APPLICATION FOR APPROVAL TO AMEND ITS DISTRIBUTION COST RECOVERY FACTOR TO INCREASE DISTRIBUTION RATES WITHIN THE CITY SHOULD BE DENIED; AUTHORIZING PARTICIPATION WITH ONCOR CITIES STEERING COMMITTEE; AUTHORIZING THE HIRING OF LEGAL COUNSEL AND CONSULTING SERVICES; FINDING THAT THE CITY'S REASONABLE RATE CASE EXPENSES SHALL BE REIMBURSED BY THE COMPANY WHEREAS, the City of Colleyville, Texas ("City") is an electric utility customer of Oncor Electric Delivery Company LLC ("Oncor" or 'Company"), and a regulatory authority with an interest in the rates and charges of Oncor; and WHEREAS, the Oncor Cities Steering Committee ("OCSC") is a coalition of similarly situated cities served by Oncor that have joined together to efficiently and cost effectively review and respond to electric issues affecting rates charged in Oncor's service area in matters before the Public Utility Commission ("Commission") and the courts; and WHEREAS, on or about April 8, 2021 Oncor filed with the City an Application for Approval to Amend its Distribution Cost Recovery Factor ("DCRF"), PUC Docket No. 51996, seeking to increase electric distribution rates by approximately $97.8 million annually; and WHEREAS, as all electric utility customers residing in the City will be impacted by this ratemaking proceeding if granted, and as OCSC members accomplish more collectively than each city could do acting alone, the City will cooperate with OCSC in coordinating their review of Oncor's DCRF filing with designated attorneys and consultants, prepare a common response, negotiate with the Company, and direct any necessary litigation, to resolve issues in the Company's filing; and WHEREAS, Cities' members and attorneys recommend members deny the DCRF. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Resolution R-21-4608 Page 2 of 2 Sec. 1. THAT the City is authorized to participate with OCSC in PUC Docket No. 51996. Sec. 2. THAT subject to the right to terminate employment at any time, the City of Colleyville hereby authorizes the hiring of the law firm of Lloyd Gosselink Rochelle & Townsend, P.C. and consultants to negotiate with the Company, make recommendations to the City regarding reasonable rates, and to direct any necessary administrative proceedings or court litigation associated with an appeal of Oncor's DCRF application. Sec. 3. THAT the rates proposed by Oncor to be recovered through its DCRF charged to customers located within the City limits shall be denied and the Company shall continue to charge its existing rates to customers within the City. Sec.4. THAT the City's reasonable rate case expenses shall be reimbursed in full by Oncor within 30 days of presentation of an invoice to Oncor. Sec. 5. 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. AND IT IS SO RESOLVED. APPROVED BY A VOTE OF 7 AYES, 0 NAYS, ON THIS THE 20TH DAY OF APRIL 2021. Mayor Richard Newton Aye Mayor Pro Tern Bobby Lindamood Aye Place 1, Tammy Nakamura Aye Place 3, Kathy Wheat Aye Place 4, George Dodson Aye Place 5, Chuck Kelley Aye Place 6, Callie Rigney Aye ATTEST: � Christine Loven, TRMC City Secretary /SIT OF COLLEYVILLE Richard Newton Mayor