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Item # 6.a.

City Council (FY24)

Meeting Date:	11/14/2023
Department:	Finance

AGENDA CAPTION:

Present, discuss, and consider action on the second 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 first reading occurred at the September 26, 2023 Council meeting. The second reading and final consideration of the ordinance is required to occur at least thirty days after the first reading, after which time the full text of the ordinance is to be published once a week for four consecutive weeks in the Dallas Morning News. After final passage, the ordinance would go into effect on January 1, 2024.

RECOMMENDATION:

Administration recommends approval.

Attachments
Ordinance - Atmos Energy Franchise
Presentation - Atmos Franchise 2nd Reading