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Lloyo 816 Congress Avenue, Suite 1900 <br />Austin, Texas 78701 <br />Gosselink Telephone: (512) 322-5800 <br />Facsimile: (512) 472-0532 <br />Is-ka ATTORNEYS AT LAW <br />www.lglawfirm.com <br />Ms. Doyle's Direct Line: (512) 322-5820 <br />Email: kdoyle@lglawfirrn.com <br />MEMORANDUM <br />TO: Oncor Cities Steering Committee Members <br />FROM: Geoffrey Gay <br />Kristen Doyle <br />DATE: June 27, 2008 <br />RE: Oncor Electric Delivery Company's Statement of Intent to Increase Rates <br />Suspension Packet . <br />ACTION REQUIRED TO SUSPEND THE EFFECTIVE DATE BY AUGUST 8, 2008 <br />Oncor is filing a Statement of Intent to Increase Rates today with all cities in its service <br />area that retain original jurisdiction. The Company is seeking a$265 million rate increase. If <br />approved, the $275 million increase would raise rates for the average residential customers by <br />$60 per year. <br />The rate increase requested by Oncor will become effective on August 8, 2008, unless the <br />city takes action to suspend the effective date. The statute permits cities to extend the effective <br />date by up to 90 days in order to study the filing. The city must take action to suspend the <br />effective date by August 8, 2008. If your city does not have a regular council meeting <br />scheduled before August 8h or is otherwise unable to take action on the suspension resolution by <br />August 8t', please contact me as soon as possible. <br />Attached to this memo is a model suspension resolution and staff report. It is our <br />understanding the Oncor local managers may be providing cities with a model denial resolution <br />and recommending that the city immediately deny the rate request. We do not recommend that <br />you deny the request at this time. Suspending the effective date allows cities more time to <br />review the application and decide on the final action, including settlement or denial of Oncor's <br />requested rate increase. <br />The Oncor Cities Steering Committee will hold a meeting of all Steering Committee <br />members in August to discuss Oncor's rate request. Representatives from Oncor will attend part <br />of the meeting to discuss the filing. There will also be an opportunity for Steering Committee <br />members to discuss strategy with Steering Committee consultants and attorneys. <br />If you have any questions, please feel free to contact Geoffrey (512/322-5875, <br />ggay@lglawfirm.com) or Kristen (512/322-5820, kdoyle@lglawfirm.com). <br />2557/00/mmo070601 <br />I t- ..d !~.-..,...-.I:-1. r1 l.-...:.-... ~.-..-.h..ll.. n-r-....-....-...ri r'-I r <br />