HomeMy WebLinkAbout8-9-2004-12.14 - Resolution - 08/09/2004RESOLUTION NO. 8-9-2004-12.14
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE
STATION AUTHORIZING PARTICIPATION WITH OTHER CITIES IN
STUDYING POSSIBILITIES FOR MUNICIPALIZATION OF GAS
DISTRIBUTION SERVICES, AUTHORIZING SAID COALITION TO
RETAIN COUNSEL AND CONSULTANTS; AUTHORIZING LEGAL
COUNSEL TO THE ALLIED COALITION OF CITIES TO ENTER INTO
DISCUSSIONS WITH THE PURCHASERS OF TXU'S GAS UTILITIES
ASSETS, AUTHORIZING PAYMENT FROM FUNDS RETAINED BY THE
STEERING COMMITTEE OF CITIES SERVED BY TXU GAS
WHEREAS, the City of College Station ts a regulatory authority with original
jurisdiction over the rates and services of gas distnbutmn, and
WHEREAS, the City's significant interest An the fairness and reasonableness of gas
distribution rates and services is demonstrated m its pamclpation m the 137 member Alhed
Coalition of Crees' efforts m the recent TXU's gas tale case before the Radroad Commission of
Texas, known as GUD No 9400; and
WHEREAS, TXU Corporation has sold its gas assets: and
WHEREAS, the transfer of gas distribution assets from TXU to a new owner presents an
unique opportumly and environment in which to study the possibility of mumcipahzatlon of the
gas dlstribut~on system w~thm the city, and
WHEREAS, it would be wise to initiate regulatory and customer contact as soon as
possthle with any new owners or successors m interest of TXU's gas assets; and
WHEREAS, there are efficiencies to be gained by joining with other Cities in an
evaluation of mumcipahzatlon and in mmatmg discussions with the new owners of TXU's gas
assets: now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE
STATION, TEXAS.
RESOLUTION NO. 8-9-2004-12.14 Page 2
That the C~ty Council hereby authorizes and approves the City's participation in a
coalition of other cities served by TXU, including but not limited to members o1' the Allied
Coalition of Cities that intervened in TXU's recently completed gas rate case that will jointly
study possibilities for mumclpahzation of the gas distribution system from either a regional
system or individual city approach.
2 That said coalition is authorized to retain legal counsel and consultants as deemed
appropriate by the representatives of partlc,paUng cities
3 That rate counsel to ACC, Geoffrey Gay and the law firm of Lloyd, Gossehnk,
Blevins, Rochelle, Baldwin & Townsend. P C, is authorized to enter into discussions with the
purchaser or purchasers of TXU's gas assets for the purpose of investigating municipalization or
establishing appropriate regulatory and franchising arrangements
4 That costs associated with Coahtlon efforts implementing th~s resolution are
authorized to be paid from funds currently retained by the Steenng Committee of Cities Served
by TXU.
ADOPTED this 9~:h
ATTEST'
Connie Hooks, C~ty Secretary
day of
August .2004.
APPROVED: ~
APPROVED'
I _ . ~,.~.~. ':., 0:,.,. II
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