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DRAFT <br />Attomey\reswork\current\Oncor Denial Resolution 2008 <br />RESOLUTION N0. <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS <br />FINDING THAT ONCOR ELECTRIC COMPAIVY'S REQUESTED INCREASES <br />TO ITS ELECTRIC TRANSMISSION AND DISTRIBUTION RATES AND <br />CHARGES WITHIN THE CITY SHOULD BE DENIED; FIIVDING THAT THE <br />CITY'S REASONABLE RATE CASE EXPENSES SHALL BE REIMBURSED BY <br />THE COMPAIVY; FIIVDIIVG THAT THE MEETING AT WHICH THIS <br />RESOLUTION IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW; <br />REQUIRING NOTICE OF THIS RESOLUTION TO THE COMPANY AND <br />LEGAL COUNSEL. <br />WHEREAS, pursuant to § 33.001 of the Public Utility Regulatory Act ("PURA"), the <br />City has exclusive original jurisdiction over the electric rates, operations, and services <br />provided within city limits; <br />WHEREAS, on or about June 27, 2008, Oncor Electric Delivery Company ("Oncor" or <br />"Company"), pursuant to PURA 33.001 and 36.001 filed with the City of Paris ("City") a <br />Statement of Intent to increase electric transmission and delivery rates by $275 million on <br />a system-wide basis within its service area effective August 8, 2008; and <br />WHEREAS, pursuant to PURA § 36.108, the Ciry lawfully suspended the August 8, <br />2008, effective date by resolution to provide time to study the reasonableness of the <br />Company's application to increase rates; and , <br />WHEREAS, the City is a member of the Oncor Cities Steering Committee (Steering <br />Committee) and has cooperated with 145 similarly situated city members to conduct a <br />review of the Company's application, to hire and direct legal counsel and consultants, to <br />prepare a common response to the filing, to negotiate with the Company and to direct any <br />necessary litigation appealing final city action; and <br />WHEREAS, the City, in a reasonably noticed meeting that was open to the public, <br />considered the Company's application; and <br />WHEREAS, the consultants who were retained by the Steering Committee to <br />evaluate the merits of the Company's application have determined that the Company's <br />requested $275 million increase in revenues for its transmission and distribution system is <br />not supported by evidence; and <br />WHEREAS, PURA § 33.023 provides that reasonable costs incurred by cities in <br />ratemaking activities are to be reimbursed by the regulated utility. <br />. 000073 <br />