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DRAFT <br />attorney\ordwork\current\ATMOS Settlement Ord 2008 <br />January 22, 2008 <br />ORDINANCE NO. <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />TEXAS, ("CITY") APPROVING A SETTLEMENT AGREEMENT <br />BETWEEN THE ATMOS CITIES STEERING COMMITTEE AND ATMOS <br />ENERGY CORP., MID-TEX DIVISION ( ATMOS MID-TEX" OR "THE <br />COMPANY") REGARDING THE COMPANY'S STATEMENT OF INTENT <br />TO CHANGE GAS RATES IN ALL CITIES EXERCISING ORIGINAL <br />JURISDICTION; DECLARING EXISTING RATES TO BE <br />UNREASONABLE; ADOPTING TARIFFS THAT REFLECT RATE <br />ADJUSTMENTS CONSISTENT WITH THE SETTLEMENT AGREEMENT <br />AND FINDING THE RATES TO BE SET BY THE ATTACHED TARIFFS TO <br />BE JUST AND REASONABLE; ADOPTING A SAVINGS CLAUSE; <br />DETERMINING THAT THIS ORDINANCE WAS PASSED IN <br />ACCORDANCE WITH THE REQUIREMENTS OF THE TEXAS OPEN <br />MEETINGS ACT; DECLARING AN EFFECTIVE DATE; AND REQUIRING <br />DELIVERY OF THIS ORDINANCE TO THE COMPANY AND LEGAL <br />COUNSEL. <br />WHEREAS, the City of Paris, Texas ("City") is a gas utility customer of Atmos Energy <br />Corp., Mid-Tex Division ("Atmos Mid-Tex" ar"the Company"), and a regulatory authority with an <br />interest in the rates and charges of Atmos Mid-Tex; and, <br />WHEREAS, on or about September 20, 2007, Atmos Mid-Tex, pursuant to Gas Utility <br />Regulatory Act § 104.102 filed with the City a Statement of Intent to increase system-wide gas rates <br />by approximately $52 million, such increase to be effective in all municipalities exercising original <br />jurisdiction within its Mid-Tex Division service area effective on October 25, 2007; and, <br />WHEREAS, the City took action to suspend the October 25, 2007 Effective Date and to <br />coordinate a response to Atmos' filing with more than 150 other similarly situated municipalities <br />through the Atmos Cities Steering Committee ("ACSC") (such participating cities are referred to <br />herein as "ACSC Cities"); and, <br />WHEREAS, Atmos has agreed to extend the October 25, 2007, Effective Date such that the <br />City's jurisdiction over this matter ends March 1, 2008; and. <br />WHEREAS, the Railroad Commission of Texas ("RRC" or the "Commission") in GUD No. <br />9670, issued an Order approving new system-wide rates for customers of Atmos Energy's Mid-Tex <br />Division in March 2007, which increased residential base rates by approximately $10 million <br />annually; and, <br />t <br />