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CC Resolution No. 3009 RESOLUTION NO. 3009 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS ("CITY") AUTHORIZING SETTLEMENT OF CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC'S APPLICATION FILE❑ ON JANUARY 31, 2025, REQUESTING APPROVAL OF A PROPOSED TRANSMISSION AND DISTRIBUTION RESILIENCY PLAN; MAKING OTHER FINDINGS AND PROVISIONS RELATED THERETO; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. ****************************************************************************** WHEREAS, on about January 31, 2025, CenterPoint Energy Houston Electric, LLC ("CEHE") filed an application with the Public Utility Commission of Texas ("PUCT") requesting approval of a proposed Transmission and Distribution Resiliency Plan (Resiliency Plan"); and WHEREAS, the City, through its participation in the Texas Coast Utilities Coalition of Cities ("TCUC"), intervened in the proceedings before the PUCT; and WHEREAS,after evaluation of CEHE's application,the parties in the PUCT proceeding reached a proposed settlement of CEHE's request; and WHEREAS, the proposed settlement lowers CEHE's proposed Resiliency Plan cost from approximately FIVE-BILLION, SEVEN-HUNDRED, FIFTY-MILLION DOLLARS ($5,750,000,000.00) to between approximately TWO-BILLION, NINE-HUNDRED, %IILLION DOLLARS ($2,900,000,000.00) and THREE-BILLION, FIVE-HUNDRED, MILLION DOLLARS ($3,500,000,000.00); and WHEREAS, the City's Special Counsel in the proceedings before the PUCT recommends that the City accept the settlement; and WHEREAS, to avoid the uncertainty, time and expense of further litigation of this proceeding a settlement is in the better interest of the City and its citizens; and WHEREAS, the City, in matters regarding applications by CEHE to change rates, has in the past joined with other local regulatory authorities in the TCUC and hereby continues its participation in TCUC and in related proceedings before the PUCT; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN,TEXAS: Section 1. The findings set out in the preamble are in all things approved and incorporated herein as if fully set forth. Section 2. The City authorizes a settlement of CEHE's pending application before PUCT for approval of a settlement that lowers CEHE's proposed Resiliency Plan costs from approximately FIVE- BILLION, SEVEN-HUNDRED, FIFTY-MILLION DOLLARS ($5,750,000,000.00) to between approximately TWO-BILLION, NINE-HUNDRED, MILLION DOLLARS ($2,900,000,000.00) and THREE-BILLION, FIVE-HUNDRED, MILLION DOLLARS ($3,500,000,000.00). Section 3. This resolution shall take effect immediately from and after its passage by the City Council of the City of Baytown,Texas. INTRODUCED, READ, and PASSED by the affirmative vote of the City Council of the City of Baytown this the 12"day of June, 2025. �4 Of ARLES JO ayor ATTEST: epYTOwq • G� • e N ARr,ELA J K City APPROVED AS, ,,.•....•• -�P r F O F SCOTT L D, City Attorney R Ordinances and Resoluttons\Resoluuon Dra@s.City Counctl(2025-06-12 Res-CEHE-Resdtency Plan.docr(SL) 2