File #: 2024-R-109    Version: 1
Type: Resolution Status: Passed
File created: 3/1/2024 In control: City Council
On agenda: 3/18/2024 Final action: 3/18/2024
Title: Resolution of the City of Laredo suspending the April, 4 2024 effective date of AEP Texas Inc.'s requested rate change to permit the City time to study the request and to establish reasonable rates; approving cooperation with the cities served by AEP Texas and authorizing intervention in AEP Texas Inc.'s requested rate change proceedings before the commission; hiring Lloyd Gosselink attorneys and consulting services to negotiate with the company and direct any necessary litigation and appeals; requiring reimbursement of cities' rate case expenses; finding that 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 and legal counsel.
Attachments: 1. Resolution for AEP Texas 2024 Rate Case

SUBJECT

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Resolution of the City of Laredo suspending the April, 4 2024 effective date of AEP Texas Inc.’s requested rate change to permit the City time to study the request and to establish reasonable rates; approving cooperation with the cities served by AEP Texas and authorizing intervention in AEP Texas Inc.’s requested rate change proceedings before the commission; hiring Lloyd Gosselink attorneys and consulting services to negotiate with the company and direct any necessary litigation and appeals; requiring reimbursement of cities’ rate case expenses; finding that 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 and legal counsel.

 

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PREVIOUS COUNCIL ACTION

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BACKGROUND

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COMMITTEE RECOMMENDATION

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STAFF RECOMMENDATION

recommendation

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Fiscal Impact

 

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Change Order: Exceeds 25% Y/N:                      Click or tap here to enter text.

 

FINANCIAL IMPACT:

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