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HomeMy WebLinkAboutRES 052819-P - Oncor Deny Rate ChangeRESOLUTION NO., C6 Z RESOLUTION BY THE CITY OF GEORGETOWN, TEXAS ("CITY") FINDING THAT ONCOR ELECTRIC DELIVERY COMPANY LLC'S APPLICATION FOR APPROVAL TO AMEND ITS DISTRIBUTION COST RECOVERY FACTOR PURSUANT TO 16 TEX. ADMIN. CODE § 25.243 TO INCREASE DISTRIBUTION RATES WITHIN THE CITY SHOULD BE DENIED; FINDING THE MEETING AT WHICH THIS RESOLUTION IS PASSED IS OPEN TO THE PUBLIC AS REQUIRED BY LAW; REQUIRING NOTICE OF THIS RESOLUTION TO THE COMPANY. WHEREAS, on or about April 8, 2019, Oncor Electric Delivery Company LLC ("Oncor" or "Company") filed with the City an Application for Approval to Amend its Distribution Cost Recovery Factor ("DCRF"), seeking to increase electric distribution rates by approximately $29 million, increasing its system -wide rates by approximately 2.60%; and WHEREAS, pursuant to Chapter 33 of the Public Utility Regulatory Act, the City is a regulatory authority with exclusive original jurisdiction over Oncor's rates, operations, and services within the City. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS: Section 1. That the rates proposed by Oncor to be recovered through its DCRF charged to customers located within the City limits are hereby found to be unreasonable and shall be denied. Section 2. That it is hereby officially found and determined that the meeting at which this Resolution is passed is open to the public as required by law and the public notice of the time, place, and purpose of said meeting was given as required. RESOLUTION NUMBER: 05Z_S\0L -4> Page 1 of 2 DESCRIPTION: ONCOR — Deny Rate Increase DATE APPROVED: 05.28.2019 Section 3. That the meeting at which this resolution was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. Section 4. That this resolution shall become effective from and after its passage. Section 5. That a copy of this Resolution shall be sent to Matthew C. Henry, 1616 Woodall Rodgers Freeway, Dallas, Texas 75202. PASSED AND APPROVED this . day of , 2019. r� Dale Ross, Mayor ATTEST: Robyn Densmore, City Secretary APPROVED AS TO FORM Charlie McNabb, City Attorney RESOLUTION NUMBER: 05Z8 l q "F Page 2 of 2 DESCRIPTION: ONCOR - Deny Rate Increase DATE APPROVED: 05.28.2019