Ordinance No. 2023-13 EntergyORDINANCE NO. 202313
AN ORDINANCE BY THE CITY OF HUNTSVILLE, TEXAS ("CITY") AUTHORIZl!�G THE SETTLEMENT OF THE PROPOSED RATE INCREASE OF ENTERGY TEXAS, INC.; FINDING THAT THE MEETING COMPLIES WITH THE OPEN MEETINGS ACT; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DA TE
WHEREAS, on or about July I, 2022. Entergy Texas, Inc. ("ETI" or the •·company") filed a Statement of Intent and Application for Authority to Change Rateswith the City of Huntsville ("City") and concurrently with the Public Utility Commissionof Texas (Commission") to increase electric rates in the Entergy Service Area byapproximately $131.4 million per year; andWHEREAS, the City denied the Company's rate request and the Company appealed the City's rate denial ordinance to the Commission; and WHEREAS. ETI, Commission Staff, and other intervening parties including the Steering Committee of Cities participated in settlement discussions to resolve the rate case issues without litigation; and \VHEREAS, ETI has agreed to settle the rate request at a rate increase level ofS54 million per year; and \VHEREAS, the Lawton Law Firm and Commission Staff have reconunended approval of the Settlement terms as a reasonable altemative to resolve the rate case issues without litigation. NO\V THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, THAT:
Section 1. That the statement and findings set out in the preamble to this Ordinance are hereby in all things approved and adopted. Section 2. The City of Huntsville hereby authorizes the settlement of the ETI rate case proceedings at the rate increase level of $54 million per year. Section 3. The meeting at which this ordinance was approved was in all things conducted in strict compliance with the Texas Open Meetings Act, Texas GoYernment Code, Chapter 551. 1