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DRAFT <br /> <br />F:kAttorneykALICEhO. ESWORK\CURRENT\CAPP Legislative Res.wpd <br /> February 5, 2003 <br /> <br />RESOLUTION NO. <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />PARIS, TEXAS, ENDORSING CERTAIN LEGISLATIVE CHANGES TO S.B. <br />7 SUPPORTED BY CITIES AGGREGATION POWER PROJECT, INC., <br />MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE <br />SUBJECT AND PROVIDING AN EFFECTIVE DATE. <br /> <br /> WHEREAS, the City of Paris, Paris, Texas, has historically been active in the process of <br />regulation of electric utilities; and, <br /> <br /> WHEREAS, the City is a member of Cities Aggregation Power Project, Inc. (Capp) and, as <br />such, made a decision to switch its municipal electric accounts from its incumbent provider to a retail <br />electric provider prior to January 1, 2002; and, <br /> <br /> WHEREAS, the City's experience with electric deregulation during 2002 has been frustrating <br />because of: <br /> <br />(1) increased complexity and inefficiencies regarding service quality; <br />(2) numerous account switchover and billing problems; <br />(3) loss of budget and financial accountability regarding electric cost; <br />(4) additional resources needed to manage and reconcile invoices for electricity; <br />(5) current statutory restrictions make aggregation on behalf of citizens impractical; <br /> <br />(6) the small number of bidders and narrowness of distinction between bids; and, <br /> <br /> WHEREAS, the City endorses efforts to modify the electric deregulation legislation to <br />improve competition and reduce costs to the City and its residents; NOW, THEREFORE, <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, PARIS, <br />TEXAS: <br /> <br /> Section 1. That the findings set out in the preamble to this resolution are hereby in all things <br />approved. <br /> <br /> Section 2. That Legislative reforms regarding market power, citizen aggregation and price- <br />to-beat fuel factors endorsed by CAPP are hereby approved and supported by the City Council of the <br />City of Paris. <br /> <br /> Section 3. That a copy of this resolution shall be sent to the elected lawmakers representing <br />the City's interests in the Texas House and Senate and to the Chairman and legal counsel of CAPP. <br /> <br /> <br />