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Item 4G AudioOrdinance No. 959Ordinance No. 959 Approve a negotiated resolution between Approve a negotiated resolution between the Atmos Cities Steering Committee and the Atmos Cities Steering Committee and Atmos Energy Corp., MidAtmos Energy Corp., Mid--Tex DivisionTex Division July 21, 2009July 21, 2009 BackgroundBackground Member of the Atmos Cities Member of the Atmos Cities •• Steering Committee (“ACSC”)Steering Committee (“ACSC”) Atmos filed application to Atmos filed application to •• increase natural gas ratesincrease natural gas rates $20.2 million rate increase$20.2 million rate increase –– Ordinance No. 959Ordinance No. 959 Approve new ratesApprove new rates •• Rate tariffs (Attachment A)Rate tariffs (Attachment A) –– Atmos’ proof of revenues (Attachment B)Atmos’ proof of revenues (Attachment B) –– Revisions to the current Gas Cost Revisions to the current Gas Cost –– Recovery (“GCR”)Recovery (“GCR”) Ordinance No. 959Ordinance No. 959 SettlementSettlement •• Reduced Atmos requested increaseReduced Atmos requested increase –– $0.15 monthly increase for residential $0.15 monthly increase for residential –– customercustomer Will eliminate potential rate case legal Will eliminate potential rate case legal –– feesfees ACSC Executive Committee recommends ACSC Executive Committee recommends –– approval of proposed settlementapproval of proposed settlement QUESTIONS?QUESTIONS? Please contact Please contact Sharen JacksonSharen Jackson 817.748.8042817.748.8042