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Res 147-2004 10/19/2004RESOLUTION NO. 14'7 _ D)( Oq RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, SUPPORTING l'HE REVIEW COMMENCED BY THE STEERING COMMITTEE OF CITIES SERVED BY TXU TO DETERMINE THE JUST AND REASONABLE RATES TO BE CHARGED BY TXU ELECTRIC DELIVERY COMPANY, FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLICAS REQUIRED BY LAW. WHEREAS, the City of Wichita Falls is a member of the Steering Committee of Cities Served by TXU; and WHEREAS, the Steering CommMee of Cities Served by TXU has unanimously recommended that cities pass a resolution that requires TXU to show cause why its transmission and distribution rates should not be reduced; and WHEREAS, the following Steering Committee member Cities: Arlington, Burdock Brownwood, Burleson, Carrollton, Corinth, Dallas, Denison, Fort Worth, Harker Heights, Heath, Honey Grove, Pantego, Plano, Richland Hills, Robinson, Rockwall, Snyder, Sulphur Springs, The Colony, and Woodway have already passed resolutions requiring TXU to show cause and file information to justify TXU's current transmission and distribution rates', and WHEREAS, the public hearings regarding TXU's current transmission and distribution rates are scheduled to take place in January 2005, and city decisions regarding TXU's rates are expected to be appealed to the Public Utility Commission in February 2005; and WHEREAS, any reduction in TXU transmission and distribution rates will be applicable throughout TXU's service area including the City of Wichita Falls; and WHEREAS, any reduction in TXU transmission and distribution rates has the potential to increase competitive actress for customers served by TXU, including the City of Wichita Falls; and WHEREAS, the City of Wichita Falls desires to support the efforts of the cities that have initiated show cause investigations of TXU's transmission and distribution rates that may benefit all TXU customers. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT SECTIO 1. The City of Wichita Falls endorses the investigation of TXU's transmission and distribution rates currently undertaken by certain Steering Committee Cities to determine if TXU's rates are excessive and to set a just and reasonable transmission and distribution rate. S ECTION 2 . It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 1g day of October, 2004. ATTEST'. l ham ��-- � City Clerk