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08/14/2001 Resolutions 2001-211 I I I RESOLUTION 2001-211 WHEREAS, Northwestern Public Service (hereinafter NWPS) provides natural gas service to the municipalities of Grand Island, Kearney, North Platte and AIda; and WHEREAS, said municipalities comprise a single rate area for purposes of establishing natural gas rates; and WHEREAS, on April 30, 2001, NWPS filed an application to increase natural gas rates within the said rate area, requesting a 1.20% increase in Nebraska natural gas revenues to be effective August 1, 2001; and WHEREAS, the communities of Grand Island, Kearney, and North Platte negotiated with NWPS to decrease the requested natural gas rate increase to a 0.92% increase; and WHEREAS, as a result of said negotiations, a settlement was achieved between NWPS and the said municipalities; and WHEREAS, the terms of the settlement have been set forth in a Settlement Agreement which has been reviewed and duly approved by the City Attorneys for the municipalities of Grand Island, Kearney, North Platte, and AIda, and attorneys for NWPS; and WHEREAS, approval of said Settlement Agreement is in the best interests of all parties and is recommended. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Settlement Agreement by and between Northwestern Public Service and the municipalities of Grand Island, Kearney, North Platte, and AIda as outlined is hereby approved; and the Mayor is hereby authorized and directed to sign such agreement on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island, Nebraska on August 14,2001. Qa-\\~ <2.iliQn~ RaNae Edwards, City Clerk Approved as to Form ~'~ August 9, 2001 '" City Attorney