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20-5030
| 1 | 1 | Ord - Atmos Energy 2020 Rate Filing | Agenda Item | An ordinance, on second and final reading, approving a negotiated settlement between the Atmos Cities Steering Committee (“ACSC”) and Atmos Energy Corp., Mid-Tex Division (“Company”) regarding the Company’s 2020 Rate Review Mechanism filing; declaring existing rates to be unreasonable; adopting tariffs that reflect rate adjustments consistent with the negotiated settlement; finding the rates to be set by the attached settlement tariffs to be just and reasonable and in the public interest; approving an attached exhibit establishing a benchmark for pensions and retiree medical benefits; approving an attached exhibit regarding amortization of regulatory liability; requiring the Company to reimburse ACSC’s reasonable ratemaking expenses; determining that this ordinance was passed in accordance with the requirements of the Texas Open Meetings Act; adopting a savings clause; declaring an effective date; and requiring delivery of this ordinance to the Company and the ACSC’s legal counsel. | Approved | Pass |
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20-5036
| 1 | 2 | Acknowledgment and Consent - Villas at Vanston Park 9-28 | Agenda Item | Authorize the City Manager to finalize and execute an Acknowledgment and Consent between the City, Vanston Park Investments, LP (the “Developer”) and COMMUNITYBANK of Texas, N.A. (the “Bank”): (i) consenting to a $1,900,000.00 increase (the “Additional Advance”) in the loan dated September 12, 2014, by the Bank to the Developer in the current unpaid principal balance of approximately $6,593,079.46 (the “Bank Loan”) in connection with the development of the 155 unit housing project with related commercial space (Villas at Vanston Park) located at 4520 Gus Thomasson Road, Mesquite, Texas (the “Project”); and (ii) acknowledging that the economic development loan dated September 12, 2014, by the City of Mesquite to the Developer in the current unpaid principal balance of approximately $804,559.59 in connection with the Project is subordinate to the Bank Loan as increased by the Additional Advance.
(This item was postponed at the September 21, 2020, City Council meeting.) | Approved | Pass |
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20-4898
| 1 | 3 | Ord - Adopt 2020 Tax Rate | Agenda Item | A. Conduct a public hearing regarding the proposed Fiscal Year 2020-21 ad valorem tax rate of $0.70862 per $100 valuation.
B. An ordinance levying the ad valorem taxes for tax year 2020 (Fiscal Year 2020-21). | Approved | Pass |
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