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R-06-05-11-13B2 - 5/11/2006RESOLUTION NO. 06-05-11-13B2 RESOLUTION OF THE CITY OF ROUND ROCK, TEXAS AUTHORIZING THE SUSPENSION OF THE EFFECTIVE DATE UNTIL JULY 14, 2006 FOR THE GAS RELIABILITY INFRASTRUCTURE PROGRAM ("GRIP") ADJUSTMENTS PROPOSED BY ATMOS ENERGY CORPORATION' S MID-TEX DIVISION FOR CALENDAR YEAR 2005; AUTHORIZING PARTICIPATION IN A COALITION OF CITIES KNOWN AS ATMOS TEXAS MUNICIPALITIES ("ATM"); AUTHORIZING THE HIRING OF LAWYERS AND RATE EXPERTS; AUTHORIZING THE CITY'S PARTICIPATION TO THE FULL EXTENT PERMITTED BY LAW AT THE RAILROAD COMMISSION OF TEXAS WITH REGARD TO THE GAS RELIABILITY INFRASTRUCTURE PROGRAM ADJUSTMENTS FOR CALENDAR YEAR 2005; REQUIRING THE REIMBURSEMENT OF MUNICIPAL RATE CASE EXPENSES; FINDING THAT THE MEETING COMPLIED WITH THE OPEN MEETINGS ACT; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, on or about March 31, 2006 the Atmos Energy Corporation's Mid -Tex Division ("Atmos Energy") filed an application with the City to increase gas rates for its Gas Reliability Infrastructure Program ("GRIP") for calendar year 2005 pursuant to Section 104.301 of the Gas Utility Regulatory Act("Act"), and WHEREAS, due to the ratemaking complexity of Section 104.301 of the Act and the fact that this is the first application for recovery under that section of the Act; it is therefore necessary to engage the expertise of lawyers and consultants who specialize in ratemaking proceedings before regulatory authorities to assist the City as provided for in Section 103.022 of the Act, and WHEREAS, given the complexity and the need to carefully review the proposed GRIP adjustment it is necessary to suspend the effective date for implementing the GRIP adjustment until at least July 14, 2006 in order to allow the City's rate experts sufficient time to determine the merits of Atmos Energy's proposed GRIP adjustment, and @PFDesktop\::ODMA/WORLDOX/0:/WDOX/RESOLUTI/R60511B2.WPD/vr WHEREAS, in order to maximize the efficient use of resources and expertise in reviewing, analyzing and investigating Atmos Energy's request for a GRIP adjustment it makes sense to coordinate the City's efforts with a coalition of similarly situated municipalities, and WHEREAS,a coalition of municipalities, known as the Alliance for TXU Municipalities ("ATM") has been active in gas utility ratemaking proceedings, and WHEREAS, in light of the sale of TXU Gas to Atmos Energy, the coalition known as the Alliance of TXU Municipalities is now known as the Atmos Texas Municipalities ("ATM"), and WHEREAS, the City will join with other cities participating in ATM in a steering committee in order to coordinate the hiring and direction of legal counsel and consultants working on behalf of ATM and the City, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS THAT, Section 1. The statements set out in the preamble to this resolution are hereby in all things approved and adopted. Section 2. The effective date for the proposed GRIP adjustments by Atmos Energy, and the tariffs related thereto, are hereby suspended until July 14, 2006 in order to complete the review and investigation by the City's experts. Section 3. The City is authorized to join with other cities in a coalition of cities known as the Atmos Texas Municipalities ("ATM") with the understanding that the steering committee of ATM will provide direction and guidance to the lawyers who are representing said cities. 2 Section 4. The City employs Jim Boyle, Alfred Herrera and Daniel Lawton as special counsel to represent the City with regard to the proposed GRIP adjustments of Atmos Energy before local and state regulatory authorities and any court of law and authorizes special counsel to employ such rate experts as are recommended by the ATM Steering Committee Section 5. The City, in coordination with the Steering Committee, shall review the invoices of the lawyers and rate experts for reasonableness before submitting the invoices to Atmos Energy for reimbursement. Section 6. City's legal representatives shall have the right to obtain additional information from Atmos Energy through the service of requests for information, which shall be responded to within twenty (20) days of receipt of such requests for information. Section 7. Atmos Energy shall reimburse the City, through the designated representative city of the Steering Committee, for the reasonable costs of attorneys and consultants and expenses related thereto, upon the presentation of invoices reviewed by the Steering Committee. Section 8. The City Secretary is hereby directed to send a true and correct copy of this resolution to Mr. Richard Reis, Atmos Energy Corporation, 5420 LBJ Freeway, Suite 1823, Dallas, Texas 75240-2601 and to the ATM by sending a true and correct copy of this resolution to Mr. Jim Finley, City Attorney for the City of Longview by fax to (903) 239- 5539. Section 9. This resolution shall become effective from and after its passage. 3 The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this llth day of May, 2006. WELL, ayor Ci y of Round Rock, Texas A TEST: CHRISTINE R. MARTINEZ, City Sretary 4 DATE: May 5, 2006 SUBJECT: City Council Meeting - May 11 2006 ITEM: 13.B.2. Consider a resolution authorizing the City to suspend the effective date for implementing the Gas Reliability Infrastructure Program (GRIP) adjustment until at least July 14, 2006. Department: Administration Staff Person: David Kautz, Assistant City Manager/CFO Steve Sheets, City Attorney Justification: This resolution will to suspend the effective date for implementing the Gas Reliability Infrastructure Program (GRIP) adjustment until at least July 14, 2006 in order to allow the City's rate experts sufficient time to determine the merits of Atmos Energy's proposed rate adjustment. Funding: Cost: N/A Source of funds: N/A Outside Resources: Jim Boyle, Attorney Background Information: The infrastructure adjustment sought by Atmos goes under the name of "Gas Reliability Infrastructure Program" (GRIP). The adjustments for 2003 are now on appeal before a Travis County District Court. The adjustments for 2004 will also be before a Travis County District Court in the next two months. A decision on the 2003 adjustments is expected by October. The Railroad Commission has not allowed cities to intervene or participate in a contested proceeding at the Commission dealing with the GRIP adjustments. ATM believes this is fundamental error. ATM believes that Atmos has seriously overstated the amount is allowed to collect under the GRIP statute. Public Comment: N/A