Agenda

Back to Calendar Return

Item # 5.b.

City Council

Meeting Date:	09/26/2023
Department:	Finance

AGENDA CAPTION:

Present, discuss, and consider action on the first reading of an Ordinance extending the existing franchise between the Town and Atmos Energy Corporation.

BACKGROUND:

Atmos Energy utilizes Town-owned rights-of-way to deliver, transport, and distribute gas in, out of, and through the Town to their customers, including the general public in the Town. The existing franchise agreement was originally approved in 2003 and is set to expire by the end of 2023. The proposed franchise agreement extension would extend the agreement from 2024 through 2043. Article VI, Section 6.02 of the Town's code of ordinances requires all ordinances granting, amending, renewing, or extending franchises for public utilities to be read at two separate regular meetings of the City Council. The second reading and final consideration of the ordinance is required to occur at least thirty days after the first reading, during which time the full text of the ordinance is to be published once a week for four consecutive weeks in the Dallas Morning News. Staff anticipates the second reading and final passage of the Ordinance to occur at the November 14, 2023 Council meeting with an effective date of January 1, 2024.

RECOMMENDATION:

Administration recommends approval.

Attachments
Ordinance - Atmos Energy Franchise