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ORDINANCE NO. 2019-027 <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY <br />OF PARIS, TEXAS APPROVING A NEGOTIATED <br />SETTLEMENT BETWEEN THE ATMOS CITIES <br />STEERING COMMITTEE ("ACSC") AND ATMOS <br />ENERGYCORP., MID-TEX DIVISION REGARDING THE <br />COMPANY'S 2019 RATE REVIEW MECHANISM FILING; <br />DECLARING EXISTING RATES TO BE UNREASONABLE; <br />ADOPTING TARIFFS THAT REFLECT RATE <br />ADJUSTMENTS CONSISTENT WITH THE NEGOTIATED <br />SETTLEMENT; FINDING THE RATES TO BE SET BY THE <br />ATTACHED SETTLEMENT TARIFFS TO BE JUST AND <br />REASONABLE AND IN THE PUBLIC INTEREST; <br />APPROVING AN ATTACHED EXHIBIT ESTABLISHING A <br />BENCHMARK FOR PENSIONS AND RETIREE MEDICAL <br />BENEFITS; APPROVING AN ATTACHED EXHIBIT <br />REGARDING AMORTIZATION OF REGULATORY <br />LIABILITY; REQUIRING THE COMPANY TO REIMBURSE <br />ACSC'S REASONABLE RATEMAKING EXPENSES; <br />DETERMINING THAT THIS ORDINANCE WAS PASSED IN <br />ACCORDANCE WITH THE REQUIREMENTS OF THE <br />TEXAS OPEN MEETINGS ACT; ADOPTING A SAVINGS <br />CLAUSE; DECLARING AN EFFECTIVE DATE; AND <br />REQUIRING DELIVERY OF THIS ORDINANCE TO THE <br />COMPANY AND THE ACSC'S LEGAL COUNSEL. <br />WHEREAS, the City of, Paris, Texas ("City") is a gas utility customer of Atmos <br />Energy Corp., Mid -Tex Division ("Atmos Mid -Tex" or "Company"), and a regulatory authority <br />with an interest in the rates and charges of Atmos Mid -Tex; and <br />WHEREAS, the City is a member of the Atmos Cities Steering Committee ("ACSC"), a <br />coalition of similarly -situated cities served by Atmos Mid -Tex ("ACSC Cities") that have joined <br />together to facilitate the review of, and response to, natural gas issues affecting rates charged in <br />the Atmos Mid -Tex service area; and <br />WHEREAS, ACSC and the Company worked collaboratively to develop a new Rate <br />Review Mechanism ("RRM") tariff that allows for an expedited rate review process by ACSC <br />Cities as a substitute to the Gas Reliability Infrastructure Program ("GRIP") process instituted by <br />1 <br />