HomeMy WebLinkAbout031429 RES - 05/15/2018 RESOLUTION OF THE CITY OF CORPUS CHRISTI, TEXAS
AUTHORIZING PARTICIPATION IN THE PUBLIC UTILITY
COMMISSION OF TEXAS DOCKET 48222 REGARDING AEP TEXAS
INC.'S APPLICATION TO AMEND ITS DISTRIBUTION COST
RECOVERY FACTORS; FINDING THAT THE CITY'S REASONABLE
RATE CASE EXPENSES SHALL BE REIMBURSED BY THE COMPANY;
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 THE COMPANY AND
LEGAL COUNSEL.
WHEREAS, the City of Corpus Christi, Texas ("City") is an electric utility customer of
AEP Texas Inc. ("AEP" or "Company"), and a regulatory authority with an interest in the rates
and charges of AEP; and
WHEREAS,the City is a member of the Cities Served by AEP("Cities"),a membership of
similarly situated cities served by AEP that have joined together to efficiently and cost effectively
review and respond to electric issues affecting rates charged in AEP's service area; and
WHEREAS, on or about April 3, 2018 AEP filed with the City an Application to Amend
its Distribution Cost Recovery Factor("DCRF"), PUC Docket No. 48222, seeking a net increase
in electric distribution rates by approximately $3.1 million (an approximately $800,000 decrease
for the Central Division and $3.9 million increase for the North Division); and
WHEREAS, all electric utility customers residing in the City will be impacted by this
ratemaking proceeding if it is granted; and
WHEREAS, Cities are coordinating its review of AEP's DCRF filing with designated
attorneys and consultants to resolve issues in the Company's application; and
WHEREAS, Cities members and attorneys recommend that members deny the DCRF.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
CORPUS CHRISTI, TEXAS:
Section 1. That the City is authorized to participate with Cities in PUC Docket No.
48222 to review application for compliance with applicable laws and regulations.
Section 2. That subject to the right to terminate employment at any time, the City of
hereby authorizes the hiring of the law firm of Lloyd Gosselink 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 this
application filed with the PUC.
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Section 3. That the City's reasonable rate case expenses shall be reimbursed in full by
AEP within 30 days of presentation of an invoice to AEP.
Section 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.
Section 5. That a copy of this Resolution shall be sent to Melissa Gage, American
Electric Power Service Corporation,400 West 15`h Street, Suite 1520,Austin,Texas 78701 and to
Thomas Brocato, General Counsel to the Cities, at Lloyd Gosselink Rochelle & Townsend, P.C.,
P.O. Box 1725, Austin, Texas 78767-1725.
PASSED AND APPROVED this Cb. day of IV-Val , 2018.
Jo M• omb
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ATTEST:
Re ecca Huerta, City Secretary
APPROVED AS TO FORM:
ffac_." 3/Z2L
City Attorney
7629334 2
Corpus Christi, Texas
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The above resolution was pas ed by the following vote:
Joe McComb
Rudy Garza I
Paulette Guajardo
Michael Hunter
Debbie Lindsey-Opel S ��
Ben Molina ti�
Everett Roy if4!
Lucy Rubioift
Greg Smith
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