Loading...
HomeMy WebLinkAbout025565 RES - 11/18/2003RESOLUTION OF THE CITY OF CORPUS CHRISTI, TEXAS SUSPENDING THE EFFECTIVE DATE OF AEP TEXAS CENTRAL COMPANY'S (FORMERLY CENTRAL POWER AND LIGHT COMPANY) REQUESTED RATE CHANGES TO PERMIT THE CITY TIME TO STUDY THE REQUEST AND TO ESTABLISH REASONABLE RATES; APPROVING COOPERATION WITH OTHER CITIES WITHIN AEP TEXAS CENTRAL COMPANY'S SERVICE TERRITORY; AUTHORIZING INTERVENTION IN THE PROCEEDING AT THE PUBLIC UTILITY COMMISSION; AUTHORIZING THE HIRING OF LEGAL COUNSEL AND CONSULTANTS; REQUIRING REIMBURSEMENT OF CITY'S RATE CASE EXPENSES; REQUIRING NOTICE OF THIS RESOLUTION TO THE COMPANY WHEREAS, on or about November 3, 2003, AEP Texas Central Company (formerly Central Power and Light Company) filed with the City of Corpus Christi and the Public Utility Commission of Texas a request to change electric transmission and distribution rates in all municipalities within the service territory of AEP Texas Central Company ("Company"); and WHEREAS, it is reasonable for the City of Corpus Christi to cooperate with other cities in a review of the Company's application and work with the CPL Cities Steering Committee to coordinate the hiring and direction of legal counsel and consultants and to negotiate with the Company and direct any necessary litigation; and WHEREAS, the Public Utility Regulatory Act grants local regulatory authorities the right to suspend the effective date of proposed rate changes; and WHEREAS, the Public Utility Regulatory Act provides that costs incurred by Cities in ratemaking activities are to be reimbursed by the regulated utility; and WHEREAS, the Public Utility Regulatory Act grants local regulatory authorities the right to intervene in rate proceedings filed at the Public Utility Commission. NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: SECTION '1. The effective date of the tariff changes submitted by AEP Texas Central Company ("Company") on or about November 3, 2003, is suspended for ninety (90) days to permit adequate time to review the proposed changes and to establish reasonable rates. SECTION 2. The City is authorized to cooperate with other Cities within Company's service territory and to work with the CPL Cities Steering Committee regarding the determination of reasonable rates and to participate in any necessary litigation associated with an appeal of a rate ordinance and the rate case filed at the Public Utility Commission. SECTION 3. Subject to the right to terminate employment at any time, the City of Corpus Christi hereby authorizes the hiring of Geoffrey Gay and Steven Porter of the law firm of Lloyd, Gosselink, Blevins, Rochelle, Baldwin & Townsend, and qualified consultants and witnesses as may be necessary to review Company's filings, to represent the City of Corpus Christi at the PUC to participate in any and all settlement discussions that may precede or occur after the Company makes its filing and to prosecute any appeals as directed by the CPL Cities Steering Committee. SECTION 4. Fees and expenses incurred by the City of Corpus Christi in Company ratemaking matters related to these proceedings shall be promptly reimbursed by Company under the Public Utility Regulatory Act. SECTION 5. The City is authorized to intervene in Company's rate case filed at the Public Utility Commission on or about November 3, 2003. SECTION 6. The City Secretary shall send a copy of this suspension resolution to the local representative of Company's transmission and distribution company and to Pam Horn, Lloyd, Gosselink, Blevins, Rochelle, Baldwin & Townsend, fax (512-472-0532), email (phorn@lglawfirm.com). ATTEST,~~,~__ Armando Chapa City Secretary Samuel L. Ifl'~al~--Jr. Mayor Approved: November 5, 2003 R. J~y ~ining"/~/ Acting City Attorrfey 2 Corpus Christi, Texas ,2003 The above resolution was passed by the following vote: Samuel L. Neal, Jr. Brent Chesney Javier D. Colmenero Melody Cooper Henry Garrett Bill Kelly Rex A. Kinnison Jesse Noyola Mark Scott Nov 11 TPW $500K grant doc