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HomeMy WebLinkAboutResolution No. 04 15 T&D RatesRESOLUTION NO. 04-15 SUPPORTING THE REVIEW COMMENCED BY THE STEERING COMMITTEE OF CITIES SERVED BY TXU TO DETERMINE THE JUST AND REASONABLE RATES TO BE CHARGED BY TXU ELECTRIC DELIVERY COMPANY. WHEREAS, the City of University Park is a member of the Steering Committee of Cities Served By TXU; and WHEREAS, the Steering Committee of Cities Served by TXU has unanimously recommended that cities pass a resolution that requires TXU to show cause why its transmission and distribution rates should not be reduced; and WHEREAS, the following Steering Committee member Cities: Arlington, Benbrook, Brownwood, Burleson, Carrollton, Corinth, Dallas, Denison, Fort Worth, Harker Heights, Heath, Honey Grove, Pantego, Plano, Richland Hills, Robinson, Rockwall, Snyder, Sulphur Springs, The Colony, and Woodway have already passed resolutions requiring TXU to show cause and file information to justify TXU's current transmission and distribution rates; and WHEREAS, the public hearings regarding TXU's current transmission and distribution rates are scheduled to take place in January, 2005, and city decisions regarding TXU's rates are expected to be appealed to the Public Utility Commission in February, 2005; and WHEREAS, any reduction in TXU transmission and distribution rates will be applicable throughout TXU's service area, including the City of University Park; and WHEREAS, any reduction in TXU transmission and distribution rates has the potential to increase competitive access for customers served by TXU, including the City of University Park; and WHEREAS, the City of University Park has reason to believe that TXU is overeaming and its rates are excessive; and WHEREAS, the City of University Park desires to support the efforts of the cities that have initiated show cause investigations of TXU's transmission and distribution rates that will benefit all TXU customers. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF UNIVERSITY PARK, TEXAS: SECTION 1. The City of University Park endorses the investigation of TXU's transmission and distribution rates currently undertaken by certain Steering Committee Cities to determine if TXU's rates are excessive and to set a just and reasonable transmission and distribution rate. SECTION 2. That it is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law, and that public notice of the time, place, and purpose of said meeting was given all as required by Section 551.041, Texas Government Code. DULY PASSED by the City Council of the City of University Park, Texas, on the 22nd day of September, 2004. APPROVED: APPROVED AS TO FORM: CITY ATTORNEY  ~S h. fiOI~IVItES, II~{, MAYOR ATTEST: