19-MOTION TO APPROVE RES DENYING RATE INCREASE TO ATMOS ENERGY CORP

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ACSC and the Company have engaged in some settlement discussions but have not yet reached agreement. ACSC is hoping to achieve settlement with the Company in arder to perpetuate the RRM process. The ACSC Settlement Committee therefore recommends denial of the Company's proposed rate increase rather than a rate decrease to facilitate further settlement discussions. The resolution prevents the Company's proposed rates from automatically going into effect on June 11. The Company has expressed a desire for settlement while an appeal from the cities' denial of the rate increase is pending at the RRC. Should a settlement be reached, the City of Paris may be required to pass an ordinance setting new rates pursuant to the settlement. The purpose of the resolution is to denv Atmos Mid-Tex's pronosed rate increase pending further settlement discussions and to prevent Atmos' proposed rate increase from automaticallv taking effect on June 11, 2012 Recommendation The City Staff recommends adoption of the resolution denying Atmos Mid-Tex's proposed rate increase. 2056490.1 98