HomeMy WebLinkAboutRES 890228 - Reimburse Consultant ServiceRESOLUTION NO.
WHEREAS, the City of Bastrop, Texas filed with the Public Utilities Commission as an
Intervenor in the LORA Electric Rate Increase Case for the purpose of effectively
representing the interests of their electric utility customers; and
WHEREAS, the City of Bastrop, Texas retained Don Butler of Butler & Casstevens as an
Attorney and Jack Pous of Diversified Utilities, Inc. as a Rate Consultant; and
WHEREAS, the City of Georgetown, in its desire to keep reasonable electric rates for
its customers and citizens, desired to join the City of Bastrop in its intervention; and
WHEREAS, the City of Georgetown is therefore obligated to pay its fair share of the
expenses incurred by the City of Bastrop involving the intervention on behalf of the City
of Georgetown; and
WHEREAS, the City of Georgetown has received from the City of Bastrop an interim
invoice for said share of expenses in the amount of $9,174.35; and
WHEREAS, the City Council has approved a previous resolution to pay the maximum
amount of $5,000.00 in the event that the intervention failed; and
WHEREAS, the intervention did not fail, and in fact, should result in a significant
decrease in the amount that the electric rate will be raised; and
WHEREAS, the balance due for the interim invoice is $4,174-35;
SECTION 1. The Council adopts the recitals set forth above as true and correct
and are incorporated herein, verbatim.
SECTION 2. The Council agrees to reimburse the City of Bastrop in the amount of
$4,174.35, representing the balance due on the interim invoice in
the original amount of $9,174.35 less the previous payment of
$5,000.00.
ff,ASSED, APPROVED AND ADOPTED at a regular Council meeting on this the
13-&h day of 4�L/I , 1989.
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ATTEST:
Leta Vllloughby,City creta
Tim k-e'nnddy, X/ayor