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HomeMy WebLinkAboutCity Council Resolutions (R-22-4776)-10/03/2022RESOLUTION R-22-4776 A RESOLUTION OF THE CITY OF COLLEYVILLE, TEXAS FINDING ONCOR ELECTRIC DELIVERY COMPANY LLC'S (-ONCOR" OR "COMPANY") APPLICATION TO CHANGE RATES WITHIN THE CITY SHOULD BE DENIED AND FINDING THE CITY'S REASONABLE RATE CASE EXPENSES SHALL BE REIMBURSED BY THE COMPANY WHEREAS, the City of Colleyville, Texas is an electric utility customer of Oncor Electric Delivery Company LLC, and a regulatory authority with an interest in the rates and charges of Oncor; and WHEREAS, the City is a member of the Steering Committee of Cities Served by Oncor, a coalition of similarly situated cities served by Oncor have joined together to efficiently and cost effectively review and respond to electric issues affecting rates charged in Oncor's service area; and WHEREAS, on or about May 13, 2022, Oncor filed with the City an application to increase system -wide transmission and distribution rates by $251 million or approximately 4.5% over present revenues. The Company asks the City to approve an 11.2% increase in residential rates and a 1.6% increase in street lighting rates; and WHEREAS, the Steering Committee is coordinating its review of Oncor's application and working with the designated attorneys and consultants to resolve issues in the Company's filing; and WHEREAS, through review of the application, the Steering Committee's consultants determined Oncor's proposed rates are excessive and recommend members deny the Application. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT the rates proposed by Oncor to be recovered through its electric rates charged to customers located within the City limits, are hereby found to be unreasonable and shall be denied. Sec. 2. THAT the Company shall continue to charge its existing rates to customers within the City. Resolution R-22-4776 Page 2 of 2 Sec. 3. THAT the City's reasonable rate case expenses shall be reimbursed in full by Oncor within 30 days of the adoption of this Resolution. Sec. 4. THAT a copy of this Resolution shall be sent to Oncor, Care of Howard Fisher, Oncor Electric Delivery Company, LLC, 1616 Woodall Rodgers Freeway, Dallas, Texas 75202 and to Thomas Brocato, Counsel to the Steering Committee, at Lloyd Gosselink Rochelle &Townsend, P.C., 816 Congress Ave., Suite 1900, Austin, TX 78701. APPROVED BY A VOTE OF 7 AYES, 0 NAYS, ON THIS THE 3RD DAY OF OCTOBER 2022. Mayor Bobby Lindamood Aye Mayor Pro Tem Kathy Wheat Aye Brandi Elder, Place 1 Aye George Bond, Place 2 Aye George Dodson, Place 4 Aye Chuck Kelley, Place 5 Aye Callie Rigney, Place 6 Aye ATTEST: Christine Loven, TRMC City Secretary Mayor