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File #: 2024-R-188    Version: 1
Type: Resolution Status: Passed
File created: 5/24/2024 In control: City Council
On agenda: 6/10/2024 Final action: 6/10/2024
Title: A Resolution of the City of Laredo Texas finding that AEP Texas Inc.'s requested increase to its electric transmission and distribution rates and charges within the city should be denied; finding that the city's reasonable rate case expenses shall be reimbursed by the company; finding that the meeting at which this resolution is passed is open to the public as required by law; 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. Denial Resolution for AEP Texas 2024 Rate Case

SUBJECT

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A Resolution of the City of Laredo Texas finding that AEP Texas Inc.’s requested increase to its electric transmission and distribution rates and charges within the city should be denied; finding that the city’s reasonable rate case expenses shall be reimbursed by the company; finding that the meeting at which this resolution is passed is open to the public as required by law; 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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Budgeted Y/N?:                                                                                    Click or tap here to enter text.

Source of Funds:                                                                                     Click or tap here to enter text.

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

 

FINANCIAL IMPACT:

N/A