Legislation Details

File #: 2012-0494    Version: 1 Name: Atmos Gas Rate Denial Resolution
Type: Resolution Status: Passed
File created: 5/11/2012 In control: Finance
On agenda: 5/22/2012 Final action:
Title: Consider approval of a Resolution denying the request by Atmos Energy Corp., Mid-Tex Division to increase gas utility rates within the City of Coppell, providing for notice hereof to said company and authorizing the Mayor to sign.
Attachments: 1. Staff Report.Denial Resolution 5.2.12.pdf, 2. Memo.Denial Resolution 5.2.12.pdf, 3. Denial Resolution.Atmos 5.2.12.pdf, 4. Denial Resolution.Exhibit A 5.2.12.pdf
Title
Consider approval of a Resolution denying the request by Atmos Energy Corp., Mid-Tex Division to increase gas utility rates within the City of Coppell, providing for notice hereof to said company and authorizing the Mayor to sign.
 
Summary
Executive Summary:
Based on our legal counsel's recommendation and our consultants' review of the rate increase filings, staff believes Atmos' rate increase request is unreasonable. The denial resolution will prevent the Company's proposed rate increase from automatically taking effect on June 11, 2012 and will allow for more time to reach a settlement.
 
Fiscal Impact:
 
Staff Recommendation:
Staff recommends approval of the denial Resolution
 
Goal Icon:
                  
Sustainable City Government