HomeMy WebLinkAboutResolution - 2018-R0117 - Atmos Rate Increase - 04/12/2018Resolution No. 2018-RO117
Item No. 6.4
April 12, 2018
RESOLUTION
WHEREAS: on or about February 23, 2018, Atmos Energy ("Atmos") filed for an increase
in gas utility rates under the Gas Reliability Infrastructure Program (`GRIP"), resulting in a
requested increase in the monthly customer charge (without gas cost) from $27.72 to $30.11 for
residential customers and from $77.55 to $84.22 for commercial customers; and
WHEREAS: the City of Lubbock, Texas (the "City") has a special responsibility to
exercise due diligence with regard to rate increases of monopoly utilities who operate within its
boundaries; and
WHEREAS: the application to increase rates by Atmos is complex; and
WHEREAS: it is necessary to suspend the effective date for the increase in rates for forty-
five days, so that the City can assure itself that the data and calculations in Atmos' rate application
are correctly done; and
WHEREAS: the effective date proposed by Atmos is April 24, 2018 but a suspension by
the City will mean that the rate increase cannot go into effect prior to June 8, 2018. NOW
THEREFORE:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK THAT:
Section 1. That the statements and findings set out in the preamble to this resolution
are hereby in all things approved and adopted.
Section 2. The City suspends the requested effective date by Atmos for forty-five days
pursuant to the authority granted the City under Section 104.301 of the Texas Utilities Code. The
City finds that additional time is needed in order to review the data and calculations that provide
the basis for the rate increase application.
Section 3. The meeting at which this resolution was approved was in all things
conducted in compliance with the Texas Open Meetings Act, Texas Government Code, Chapter
551.
Section 4. This resolution shall be effective immediately upon passage.
1 of 2
Passed by the City Council on April 12 , 2018 .
ATTEST:
Reb cca Garza, City Secret
APPROVED AS TO CONTENT:
D. Blu Kost ich, Chief Financial Officer
APPROVED AS TO FORM:
l
Amy im eputy Ci orney
DANIEL M. POPE, MAYOR
2 of 2