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Item 4C Ordinance No. 1011, 1st Reading, Approving a negotiated resolution between the Atmos Cities Steering Committee and Atmos Energy Corp., Mid-Tex Division Item 4C Background Member of the Atmos Cities Steering Committee (“ACSC”) Atmos filed application to increase natural gas rates $15.7 million rate increase Settlement Reduced Atmos requested increase $6.6 million New rates effective September 2011 $0.31 per month residential $0.88 per month commercial Will eliminate potential rate case legal fees ACSC Settlement Committee recommends approval QUESTIONS? Sharen Jackson 817-748-8042