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WHEREAS, the 2008 Settlement Agreement contemplates reimbursement of ACSC <br />Cities' reasonable expenses associated with RRM applications; and <br />WHEREAS, on or about March 6, 2009, Atmos Mid-Tex filed with the City its second <br />application pursuant to the RRM tariff to increase natural gas rates by approximately $20.2 <br />million, such increase to be effective in every municipaliry that has adopted the RRM tariff <br />within its Mid-Tex Division; and <br />WHEREAS, ACSC Cities coordinated its review of Atmos' RRM filing and designated <br />a Settlement Committee made up of ACSC representatives and assisted by ACSC attorneys <br />and consultants to resolve issues identified by ACSC in the Company's RRM filing; and <br />WHEREAS, the Company has filed evidence that existing rates are unreasonable and <br />should be changed; and <br />WHEREAS, independent analysis by ACSC's rate expert concluded that Atmos Mid- <br />Tex is able to justify a slight rate increase over current rates; and <br />WHEREAS, the Steering Committee has advocated in other proceedings that Atmos <br />Mid-Tex hedge natural gas futures in order to mitigate the volatility of natural gas prices, <br />which are a flow through to customers; and <br />WHEREAS, the ACSC Executive Committee, as well as ACSC lawyers and consultants, <br />recommend that ACSC members approve the attached rate tariffs ("Attachment A" to this <br />Ordinance), which will increase the Company's revenue requirement by $2.6 million; and <br />WHEREAS, the attached tariffs implementing new rates and Atmos' Proof of <br />Revenues ("Attachment B" to this Ordinance) are consistent with the negotiated resolution <br />reached by ACSC Cities and are just, reasonable, and in the public interest; and <br />WHEREAS, it is the intention of the parties that if the City determines any rates, <br />revenues, terms and conditions, or benefits resulting from a Final Order or subsequent <br />negotiated settlement approved in any proceeding addressing the issues raised in the <br />Company's RRM filing would be more beneficial to the City than the terms of the attached <br />tariff, then the more favorable rates, revenues, terms and conditions, or benefits shall <br />additionally accrue to the City; and <br />WHEREAS, the negotiated resolution of the Company's RRM filing and the resulting <br />rates are, as a whole, in the public interest. <br />NOW, THEREFORE, BE IT ORDAIIVED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS: <br />Section 1. That the findings set out in the preamble to this ordinance are hereby in <br />all things approved. <br />Atmos RRM Ordinance 2 <br />" 130 <br />