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HomeMy WebLinkAboutPO 7285: TEXAS GAS SERVICE COMPANY, DIVISION OF ONE GAS, INC, P.O. No. 7285 09/30/24 gt ORDINANCE NO. AN ORDINANCE BY THE CITY OF PORT ARTHUR, TEXAS AUTHORIZING THE SETTLEMENT OF TEXAS GAS SERVICE COMPANY, A DIVISION OF ONE GAS, INC.'S STATEMENT OF INTENT TO INCREASE RATES WITHIN THE CENTRAL-GULF SERVICE AREA, FILED ON JUNE 3, 2024; FINDING THAT THE MEETING COMPLIES WITH THE OPEN MEETINGS ACT; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE WHEREAS, on or about June 3, 2024, Texas Gas Service Company, a Division of ONE Gas, Inc. ("TGS" or "Company") filed a Statement of Intent with the City of Port Arthur ("City") and concurrently with the Railroad Commission of Texas ("Railroad Commission") to increase gas rates within the Central-Gulf Service Area; and WHEREAS, in its Statement of Intent, TGS proposed to increase its revenue requirement by $25.6 million per year; and WHEREAS, the City of Port Arthur joined the Steering Committee of Cities to intervene and participate in the Railroad Commission proceedings; and WHEREAS, the City denied the Company's rate request and the Company appealed or will appeal the City's rate denial ordinance to the Commission; and WHEREAS, TGS, Railroad Commission Staff, and other intervening parties including the Steering Committee of Cities participated in settlement discussions to resolve all contested rate case issues without litigation; and WHEREAS, TGS agreed to settle the rate request at an overall rate increase level of$19.3 million per year for the Central-Gulf Service Area combined; and WHEREAS, the Railroad Commission Staff, the Lawton Law Firm, and counsel for other cities participating in this proceeding have recommended approval of the Settlement terms as a reasonable alternative to resolve all contested rate case issues without the need for prolonged litigation. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR, TEXAS: Section 1. That the statement and findings set out in the preamble to this Ordinance are hereby in all things approved and adopted. s.po7285 Section 2. That the City of Port Arthur, Texas, hereby authorizes the settlement of the TGS rate case proceeding at an overall rate increase level of $19.3 million per year. Section 3. That the meeting at which this Ordinance was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas Government Code, Chapter 551. Section 4. This ordinance shall become effective from and after its passage. READ, ADOPTED AND APPROVED on this day of October, A.D., 2024, at a Meeting of the City Council of the City of Port Arthur, Texas, by the following vote: AYES: Mayor: Councilmembers: NOES: Thurman Bill Bartie, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: Roxann Pais Cotroneo, City Attorney APPRO ,3' FOr ADMINISTRATION: 411110400.„ Ronald : en CPM, City Manager s.po7285