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04/08/2025 Resolutions 2025-116 RESOLUTION NO. 2025-116 1 WHEREAS,on June 6,2024,NorthWestern Corporation,doing business as NorthWestern Energy("NorthWestern"),filed an Application for a Natural Gas Rate Adjustment("Application") with the Nebraska Public Service Commission ("PSC") seeking an additional $3,561.279.00 in rate recovery; and WHEREAS, Neb. Rev. Stat. §66-1838 authorized jurisdictional utilities such as NorthWestern to negotiate directly with affected municipalities such as the City with respect to a proposed general rate change provided,among other things,municipalities representing more than 50% of the rate payers within the affected municipalities adopt resolutions evidencing their intent to negotiate with the jurisdictional utility; and WHEREAS, on July 23, 2024, the City adopted a resolution to negotiate directly with NorthWestern as permitted by Neb. Rev. Stat. §66-1838; and WHEREAS, affected municipalities representing more than 50% of NorthWestern's ratepayers in Nebraska entered resolutions evidencing their intent to negotiate with NorthWestern; and WHEREAS, pursuant to Neb. Rev. Stat. §66-1838, NorthWestern and affected municipalities entered into good faith negotiations regarding NorthWestern's Application; and WHEREAS, pursuant to Neb. Rev. Stat. §66-1838(13), if the affected municipalities and NorthWestern reach an agreement upon new natural gas rates, such agreement must be reduced to writing and filed with the PSC; and WHEREAS, NorthWestern and the affected municipalities have reached an agreement upon new natural gas rates for NorthWestern in Nebraska that provides NorthWestern with an additional $2,435,819.00 in rate recovery across all impacted municipalities which includes a continuation of an economic development surcharge; and WHEREAS, the settlement between NorthWestern and the affected municipalities is in the public interest. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the City of Grand Island,Nebraska: 1. The Mayor is hereby authorized to, on behalf of the City, execute the required settlement agreement for new natural gas rates for NorthWestern in accordance with the terms and conditions generally described above and as agreed upon by NorthWestern and the affected municipalities; and 2. The City Attorney is hereby authorized and directed to take such appropriate action as necessary to effectuate the settlement with NorthWestern and work cooperatively with NorthWestern and the affected municipalities to obtain the necessary approvals from the I PSC. Adopted by the City Council of the City of Grand Island,Nebraska, April 8, 2025. oge.Steele, Mayor Attest: I,, " G -c J.(Granere, City Clerk