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DRAFT <br /> F:~Attorney\Lisa~esolutions\CURRENT\TXU Rate Change Res.wpd <br /> May 28, 2003 <br /> <br /> RESOLUTION NO. <br /> <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, <br /> PARIS, TEXAS, SUSPENDING THE EFFECTIVE DATE OF TXU GAS <br /> DISTRIBUTION'S REQUESTED RATE CHANGES TO PERMIT THE CITY <br /> TIME TO STUDY THE REQUEST AND TO ESTABLISH REASONABLE <br /> RATES; APPROVING COOPERATION WITH OTHER CITIES WITHIN <br /> THE TXU GAS DISTRIBUTION SYSTEM TO CREATE A STEERING <br /> COMMITTEE TO HIRE LEGAL AND CONSULTING SERVICES AND TO <br /> NEGOTIATE WITH THE COMPANY AND DIRECT ANY NECESSARY <br /> LITIGATION; REQUIRING REIMBURSEMENT OF CITIES' RATE CASE <br /> EXPENSES; AUTHORIZING INTERVENTION IN THE PROCEEDING AT <br /> THE RAILROAD COMMISSION; REQUIRING NOTICE OF THIS <br /> RESOLUTION TO THE COMPANY; MAKING OTHER FINDINGS AND <br /> PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN <br /> EFFECTIVE DATE. <br /> <br /> WHEREAS, on or about May 23, 2003, TXU Gas Distribution, a division of TXU Gas <br />Company, filed with the City of Paris, Paris, Texas, a Statement of Intent to change gas rates in all <br />municipalities within the TXU Gas Distribution System; and, <br /> <br /> WHEREAS, it is reasonable for the City of Paris to cooperate with other cities in a review <br />of the Company's application and create a Steering Committee to coordinate the hiring and direction <br />of legal counsel and consultants and to negotiate with the Company and direct any necessary <br />litigation; and, <br /> <br /> WHEREAS, the Gas Utility Regulatory Act grants local regulatory authorities the right to <br />suspend the effective date of proposed rate changes; and, <br /> <br /> WHEREAS, the Gas Utility Regulatory Act provides that costs incurred by Cities in <br />ratemaking activities are to be reimbursed by the regulated utility; and, <br /> <br /> WHEREAS, the Gas Utility Regulatory Act grants local regulatory authorities the right to <br />intervene in rate proceedings filed at the Railroad Commission; 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 /> <br />