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2017-014 - Approving a Negotiated Settlement between the Atmos Steering Committee (“ACSC”) and Atmos Energy Corpo
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2017-014 - Approving a Negotiated Settlement between the Atmos Steering Committee (“ACSC”) and Atmos Energy Corpo
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5/16/2017 12:57:08 PM
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CITY CLERK
CITY CLERK - Date
5/15/2017
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instituted by the Legislature, and that will establish rates for the ACSC Cities based on the <br />system -wide cost of serving the Atmos Mid -Tex Division; and <br />WHEREAS, on March 1, 2017, Atmos Mid -Tex filed its 2017 RRM rate request with <br />ACSC Cities; and <br />WHEREAS, ACSC coordinated its review of the Atmos Mid -Tex 2017 RRM filing <br />through its Executive Committee, assisted by ACSC's attorneys and consultants, to resolve <br />issues identified in the Company's RRM filing; and <br />WHEREAS, the Executive Committee, as well as ACSC's counsel and consultants, <br />recommend that ACSC Cities approve an increase in base rates for Atmos Mid -Tex of $48 <br />million on a system -wide basis; and <br />WHEREAS, the attached tariffs implementing new rates are consistent with the <br />recommendation of the ACSC Executive Committee, are agreed to by the Company, and are <br />just, reasonable, and in the public interest; <br />WHEREAS, the RRM Tariff contemplates reimbursement of ACSC's reasonable <br />expenses associated with RRM applications; <br />WHEREAS, the Company and ACSC have agreed that rates should be adjusted if any <br />change in federal income tax rates is implemented during the period that rates approved <br />herein remain in place; and <br />WHEREAS, because ACSC believes that certain provisions of the current terms and <br />conditions of the RRM tariff are inconsistent with market conditions, the City expects <br />renegotiation of the current RRM tariff in the Summer of 2017. <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS: <br />2 <br />
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