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deadline for final city action to increase the time that the City retains jurisdiction if necessary to <br />reach settlement on the case. If the suspension period is not otherwise extended by the <br />Company, the City must take final action on Oncor's request to raise rates by August 1, 2022. <br />Section 2. This provision authorizes the Steering Committee, consistent with the City's <br />resolution approving membership in the Steering Committee, to act on behalf of the City at the <br />local level in settlement discussions, in preparation of a rate ordinance, on appeal of the rate <br />ordinance to the PUC, and on appeal to the Courts. Negotiating clout and efficiency are <br />enhanced by the City cooperating with the Steering Committee in a common review and <br />common purpose. Additionally, rate case expenses are minimized when the Steering Committee <br />hires one set of attorneys and experts who work under the guidance and control of the Executive <br />Committee of the Steering Committee. <br />Section 3. The Company will reimburse the Steering Committee for its reasonable rate <br />case expenses. Legal counsel and consultants approved by the Executive Committee of the <br />Steering Committee will submit monthly invoices that will be forwarded to Oncor for <br />reimbursement. No individual city incurs liability for payment of rate case expenses by adopting <br />a suspension resolution. <br />Section 4. This section merely recites that the resolution was passed at a meeting that <br />was open to the public and that the consideration of the Resolution was properly noticed. <br />Section 5. This section provides that both Oncor and Steering Committee counsel will be <br />notified of the City's action by sending a copy of the approved and signed resolution to certain <br />designated individuals. <br />1669/35/7314209.1 2 <br />