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HomeMy WebLinkAbout031844 RES - 08/20/2019 RESOLUTION NO. A RESOLUTION OF THE CITY OF CORPUS CHRISTI, TEXAS FINDING THAT AEP TEXAS INC.'S(AEP)REQUESTED ELECTRIC TRANSMISSION AND DISTRIBUTION RATES AND CHARGES WITHIN THE CITY SHOULD BE DENIED; FINDING THAT THE CITY'S REASONABLE RATE CASE EXPENSES SHALL BE REIMBURSED BY AEP; REQUIRING REIMBURSEMENT OF RATE CASE EXPENSES; 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 AEP WHEREAS, on or about May 1, 2019, AEP Texas Inc. ("AEP Texas" or "Company"), pursuant to Public Utility Regulatory Act (-PURA") §§ 33.001 and 36.001 filed with the City of Corpus Christi. Texas (`'City") a Statement of Intent to change electric delivery rates in all municipalities exercising original jurisdiction within its service area, effective June 5, 2019; and WHEREAS, the City is an electric utility customer of AEP Texas and a regulatory authority with exclusive original jurisdiction over the rates and charges of AEP Texas within the City: and WHEREAS, the City is a member of the Cities Served by AEP Texas ("Cities"), a membership of similarly situated cities served by AEP Texas that have joined together to efficiently and cost effectively review and respond to electric issues affecting rates charged in AEP Texas' service area: and WHEREAS, Cities is an intervenor in the parallel proceeding at the Public Utility Commission of Texas to review AEP Texas' filing in Docket 49494 ; and WHEREAS, pursuant to its exclusive original jurisdiction over AEP Texas' rates and operations within city limits, the City previously suspended the effective date of the Company's requested rate increase; and WHEREAS, PURA § 33.023 provides that costs incurred by cities in ratemaking activities are to be reimbursed by the regulated utility; and WHEREAS, the City's attorneys and consultants recommend that the City deny the application. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION 1. That the rates proposed by AEP Texas in an application submitted to the City by the Company on or about May 1, 2019, are hereby found to be unreasonable, and are denied. 031844 7886931 1 SCANNED SECTION 2. That the Company shall continue to charge its existing rates for transmission and distribution service to customers with the City. SECTION 3. That Cities' reasonable rate case expenses shall be reimbursed by AEP Texas within 30 days of presentation of an invoice to AEP Texas. 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 that the public notice was given of the time, place, and purpose of said meeting, as required. SECTION 6. A copy of this Resolution shall be sent to AEP Texas, care of Jennifer Frederick, American Electric Power Company, 400 West 15th Street, Suite 1520, Austin, Texas 78701 (jjfrederick@aep.com),and to Thomas Brocato at Lloyd Gosselink Rochelle& Townsend, P.C., 816 Congress Avenue, Suite 1900, Austin, Texas 78701 (tbrocato@lglawfirm.com). PASSED AND APPROVED this (:) day of , 2019. Joe tomb Mayi ATTEST: Rebe•��. Huerta City "ecretary APPROVED AS TO FORM: Miles Risley City Attorney 031844 7886931 Corpus Christi, Texas ooi,r' day of , 2019 The above resolution was passed by the following vote: Joe McComb Roland Barrera Rudy Garza Paulette M. Guajardo Gil Hernandez Michael Hunter C Ben Molina Everett Roy Greg Smith 031844 7886931 3