Agenda Packet - Laserfiche WebLink

Home Browse Search

Regular Council Meeting September 23, 2024 Page 4 A Motion to approve this item was made by Council Member Putnam and seconded by Council Member Moore. Motion carried, 5 ayes — 0 nays. 19. Discuss and act on an agreement with LT Wings for construction of an access road, to be funded by LT Wings, LLC; and authorize the Interim City Manager to execute all necessary documents. Airport Manager Paul Strahan reported that LT Wings, LLC was proposing the construction of multiple private hangars at Cox Field Airport but prior to construction of these hangars, it was necessary to have an access road built. Mr. Strahan said LT Wings, LLC was willing to cover the entire cost of this project and building necessary access roads, in order to be able to construct nine private hangars. Mr. Strahan said City Staff would be utilized to install utility lines and fire hydrants, and this project would generate future revenue for the airport with ground leases and potential fuel sales. A Motion to approve this item was made by Council Member Kessel and seconded by Council Member Ellis. Motion carried, 5 ayes — 0 nays. 20. Discuss and act on ORDINANCE NO. 2024-034: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, APPROVING A NEGOTIATED SETTLEMENT BETWEEN THE ATMOS CITIES STEERING COMMITTEE ("ACSC") AND ATMOS ENERGY CORP., MID-TEX DIVISION REGARDING THE COMPANY'S 2024 RATE REVIEW MECHANISM FILING; DECLARING EXISTING RATES TO BE UNREASONABLE; ADOPTING TARIFFS THAT REFLECT RATE ADJUSTMENTS CONSISTENT WITH THE NEGOTIATED SETTLEMENT; FINDING THE RATES TO BE SET BY THE ATTACHED SETTLEMENT TARIFFS TO BE JUST AND REASONABLE AND IN THE PUBLIC INTEREST; APPROVING AN ATTACHMENT ESTABLISHING A BENCHMARK FOR PENSIONS AND RETIREE MEDICAL BENEFITS; REQUIRING THE COMPANY TO REIMBURSE ACSC'S REASONABLE RATEMAKING EXPENSES; DETERMINING THAT THIS ORDINANCE WAS PASSED IN ACCORDANCE WITH THE REQUIREMENTS OF THE TEXAS OPEN MEETINGS ACT; ADOPTING A SAVINGS CLAUSE; DECLARING AN EFFECTIVE DATE; AND REQUIRING DELIVERY OF THIS ORDINANCE TO THE COMPANY AND THE ACSC'S LEGAL COUNSEL. Finance Director Gene Anderson said Atmos made a rate filing requesting $196.8 million dollars in additional revenues from its customers system wide. He also said the rate increase request was reviewed by consultants for the Atmos Cities Steering Committee (ACSC) of which Paris was a member. He reported the City must act by September 30, 2024. Mr. Anderson explained the Ordinance reflected the negotiated rates would increase the average residential customer $5.52 per month, and would have minimal impact on the City budget. A Motion to approve this item was made by Council Member Putnam and seconded by Council Member Moore. Motion carried 5 ayes — 0 nays.