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HomeMy WebLinkAboutR06-165RESOLUTION NO. R06-165 RESOLUTION BY THE CITY OF PLAINVIEW, TEXAS ("CITY") SUSPENDING THE EFFECTIVE DATE FOR NINETY DAYS IN CONNECTION WITH THE RATE INCREASE FILING OF SOUTHWESTERN PUBLIC SERVICE COMPANY ON MAY 31, 2006; 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, Southwestern Public Service Company ("SPS") SPS filed a Statement of Intent with the City of Plainview, Texas ("City") to increase its revenue requirement by more than $47 million and to reconcile its fuel cost for the years of 2004 and 2005; and WHEREAS, the City has joined with other local regulatory authorities to form the Alliance of Xcel Municipalities ("AXM"); and WHEREAS, the rate request and fuel reconciliation of SPS, which was filed on May 31, 2006, consists of more than 50,000 pages of testimony, exhibits, schedules and workpapers; and WHEREAS, it is not possible for the City to complete its review of SPS's filing within 35 days; and WHEREAS, the City will need at least 100 days before it is ready to adopt a final decision as a local regulatory authority with regard to SPS's filing. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF PLAINVIEW, TEXAS THAT: Section 1. That the findings set out in the preamble are in all things hereby approved. Resolution RO6-165 Page 1 of 2 Section 2. The effective date for SPS's filing of May 31, 2006 for its rate request/fuel reconciliation are hereby suspended for an additional ninety days or at least until October 3, 2006. Section 3. The statutory timeline may bey further extended if SPS does not provide timely and meaningful public notice of its request to increase rates or if its rate filing package is materially deficient. Section 4. 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 5. This resolution shall become effective from and after its passage. PASSED AND APPROVED this 13th day o~-alune, 2006. i n C. Anderson, ayor ATTEST: .~D ;~J ~~~ " ~ Belinda Hinojosa, City Secretary Resolution R06-165 Page 2 of 2