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Item 6AInnovation ◊ Integrity ◊ Accountability ◊ Commitment to Excellence ◊ Teamwork Item 6A Ordinance No. 926 Purpose Endorse the Settlement Agreement between Atmos and Atmos Cities Steering Committee (ACSC) Ordinance No. 926 Background Atmos filed Statement of Intent to increase natural gas rates Southlake suspended the effective date of the rate increase Ordinance No. 926 Settlement Provides rate certainty for customers Implements an expedited rate review process Eliminates piecemeal ratemaking Requires Atmos to reimburse the steering committee of rate case expenses Avoids the necessity of costly litigation Questions? Sharen Jackson 817.748.8042 Innovation ◊ Integrity ◊ Accountability ◊ Commitment to Excellence ◊ Teamwork