HomeMy WebLinkAbout030859 RES - 05/24/2016 RESOLUTION NO.
030859
A RESOLUTION OF THE CITY OF CORPUS CHRISTI, TEXAS TO
AUTHORIZE INTERVENTION IN THE PUBLIC UTILITY
COMMISSION OF TEXAS DOCKET NO. 45787 REGARDING AEP
TEXAS CENTRAL COMPANY'S APPLICATION FOR APPROVAL OF A
DISTRIBUTION COST RECOVERY FACTOR TO INCREASE
DISTRIBUTION RATES WITHIN THE CITY; 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 Central Company("TCC" or"Company"), and a regulatory authority with an interest
in the rates and charges of TCC; and
WHEREAS, the City is a member of the Cities Served by AEP TCC ("Steering
Committee"), a membership of similarly situated cities served by TCC that have joined together
to efficiently and cost effectively review and respond to electric issues affecting rates charged in
TCC's service area; and
WHEREAS, on or about April 6, 2016 TCC filed with the City an Application for
Approval of a Distribution Cost Recovery Factor ("DCRF"), PUC Docket No. 45787, seeking to
increase electric distribution rates by$54,012,978; and
WHEREAS, all electric utility customers residing in the City who receive their electricity
through AEP distribution system will be impacted by this ratemaking proceeding if it is granted;
and
WHEREAS, the Steering Committee is coordinating its review of TCC's DCRF filing
with designated attorneys and consultants
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
Section 1. That the City is authorized to intervene and participate in the Steering
Committee in PUC Docket No. 45787.
Section 2. That subject to the right to terminate employment at any time, the City of
Corpus Christi, Texas hereby authorizes the hiring of the law firm of Lloyd Gosselink and
consultants to negotiate with the Company, make recommendations to the City regarding
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reasonable rates, and to direct any necessary administrative proceedings or court litigation
associated with an appeal of this application filed with the PUC.
Section 3.
. That the City's reasonable rate case expenses shall be reimbursed in full by TCC
within 30 days of presentation of an invoice to TCC.
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 Jay Toungate, American
Electric Power Service Corporation, 1201 Elm Street, Suite 800, Dallas, Texas 75270 and to
Thomas Brocato, General Counsel to the Steering Committee, at Lloyd Gosselink Rochelle &
Townsend, P.C., P.O. Box 1725, Austin, Texas 78767-1725.
PASSED AND APPROVED this3d of 2016.
lc\ - i
L,
Mayor
ATTEST
City S: tary
APPROVED AS TO FORM:
2?2L X X- -1-,
City Attorney
Corpus CC�' tr, Texas
1of , //01(61
The above resolution was passed/by the following vote:
Nelda Martinez it4.4.;
Rudy Garza �A./
Michael Hunter I 'i:
Chad Magill LA
030850
Colleen McIntyre
Brian Rosas et
Lucy Rubio
Mark Scott I A,
Carolyn Vaughn
U30859