The City of Coppell
File #: 2017-3391    Version: 1 Name: ATMOS
Type: Agenda Item Status: Passed
File created: 5/12/2017 In control: City Secretary
On agenda: 5/23/2017 Final action: 5/23/2017
Title: Consider approval of an Ordinance of City of Coppell, Texas approving a negotiated settlement between the ATMOS Cities Steering Committee ("ACSC") and ATMOS ENERGY CORP., Mid-Tex Division regarding the 2017 rate review mechanism filings; declaring existing rates to be unreasonable; adopting tariffs that reflect rate adjustments consistent with the negotiated settlement; finding the rates to be set by the settlement tariffs to be just and reasonable and in the public interest; requiring reconciliation and rate adjustments if Federal income taxes change; terminating the Rate Review Mechanism (RRM) Process for 2018 pending renegotiation of RRM terms and conditions; requiring the company to reimburse ACSC's reasonable ratemaking expenses; determining that this ordinance was passed in accordance with the requirement of the Texas Open Meetings Act; adopting a savings clause; declaring an effective date; requiring delivery of this ordinance to Atmos; and authorizing the Mayor to sign.
Attachments: 1. 2017 Atmos Rate Case Memo.pdf, 2. 2017 ATMOS Ordinance.pdf

Title

Consider approval of an Ordinance of City of Coppell, Texas approving a negotiated settlement between the ATMOS Cities Steering Committee (“ACSC”) and ATMOS ENERGY CORP., Mid-Tex Division regarding the 2017 rate review mechanism filings; declaring existing rates to be unreasonable; adopting tariffs that reflect rate adjustments consistent with the negotiated settlement; finding the rates to be set by the settlement tariffs to be just and reasonable and in the public interest; requiring reconciliation and rate adjustments if Federal income taxes change; terminating the Rate Review Mechanism (RRM) Process for 2018 pending renegotiation of RRM terms and conditions; requiring the company to reimburse ACSC’s reasonable ratemaking expenses; determining that this ordinance was passed in accordance with the requirement of the Texas Open Meetings Act; adopting a savings clause; declaring an effective date; requiring delivery of this ordinance to Atmos; and authorizing the Mayor to sign.

 

Summary

 

Fiscal Impact:

[Enter Fiscal Impact Statement Here]

 

Staff Recommendation:

Approval recommended.

 

Goal Icon:

Sustainable City Government

 

Business Prosperity

 

Community Wellness and Enrichment

 

Sense of Community

 

Special Place to Live