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CITY COUNCIL AGENDA ITEM BRIEFING SHEET <br />Submittal Date: <br />Originating Department: <br />Presented By: <br />Agenda Item No.: <br />8-2-2011 <br />Council Date: <br />Finance <br />Gene Anderson <br />19. <br />8-8-2011 <br />RECOMMENDED MOTION: <br />Motion to approve an ordinance approving the negotiated gas rates between the City of Paris and Atmos Energy <br />Mid-Tex Division. <br />POLICY ISSUE(S): <br />Fiscal Management <br />The City of Paris, along with approximately 154 other cities served by Atmos Energy Mid-Tex <br />sion ("Atmos Mid-Tex" or "Company"), is a member of the Atmos Cities Steering Committee ("ACSC" <br />3teering Committee"). On or about April 1, 2011, Atmos Mid-Tex filed with the City an application to <br />;ase natural gas rates pursuant to the Rate Review Mechanism ("RRM") tariff approved by the City as <br />of the settlement of the Atmos Mid-Tex 2007 Statement of Intent to increase rates. This is the fourth <br />ial RRM filing. <br />The Atmos Mid-Tex RRM filing sought a$15.7 million rate increase. The City worked with ACSC to <br />yze the schedules and evidence offered by Atmos Mid-Tex to support its request to increase rates. The <br />nance, rates, and RRM tariffs are the result of negotiations between ACSC and the Company to resolve <br />;s raised by ACSC during the review and evaluation of ACSC's RR.M filing. The Ordinance resolves the <br />ipany's RRM filing by authorizing supplemental revenue of $6.6 million to be recovered through the <br />)mer charge component of rates to cover direct incremental costs associated with a steel service line <br />icement program approved as part of last year's rate adjustment. All other relief requested by Atmos <br />-Tex is denied. <br />The ACSC Settlement Committee and ACSC legal counsel recommend that all ACSC Cities adopt the <br />nance implementing the rate change. <br />BOARD/COMMISSION RECOMMENDATION: <br />None <br />EXHIBITS: <br />Ordinance; Staff Report <br />ACTION: <br />BUDGET INFO: <br />❑ Financial Report ❑ Minute Order <br />Expense <br />$NA <br />❑ Department Report ❑ Resolution <br />Budgeted Amt. <br />$NA <br />❑ Presentation ~ Ordinance <br />yTD Actual <br />$NA <br />❑ Public Hearing ❑ Other <br />Acct. Name <br />NA <br />Acct. Number <br />NA <br />FiscAL NoTES: <br />None <br />REVIEWED AND APPROVED BY: <br />Z Administration Z City Clerk ❑ Community Development ❑ EMS/IT Z Finance ❑ Fire <br />❑ Municipal Court Z Legal ❑ Library ❑ Police ❑ Eng./Public Works ❑ Utilities <br />City of Paris <br />Revised 2/04/08 <br />147 <br />