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204974PRESENTED BY COMMISSION L:UERK Council File No. 204974 —By Mrs. Donald It M. DeCourcy- Resolved, By the Council of the City of Saint Paul, that the now proposed CITY OF and pending settlement, subject to necessary appravai by Federal Power OFFICE OF THI Commission, of all issues in the matter of Docket No. G-19040, pending before said Commission and involving the Ap- UNCIL RESOLD IO plication of Northern Natural Gas Company 'pertaining to its Eighth Na- tura, Gas Rate Schedule upon the fol- lowing bases: 1., Rewired refund by said company ot— *— IL 2®4974 NO. RESOLVED, By the Council of the City of Saint Paul, that the now proposed and pending settlement, subject to .necessary approval by Federal Power Commission, of all issues in the matter of Docket No. G- 19040, pending before said Commission and involving the Application of Northern Natural Gas Company pertaining to its Eighth Natural Gas Hate Schedule upon the following bases: 1. Required refund by said company or rate reductions as follows: Year Amount 1960 $7;000;000 1961 59000;000 1962 3,3009000 Per Demand Billing Unit 47.9 31.4¢ 18.9¢ 2. Required dismissal by said company of its Appeal in Circuit Court of Appeals pertaining to rate of re- turn issue; 3. Requirement that if said company shall receive refunds or reductions of amounts paid by it to gas suppliers subject to refund,.such refunds or reductions shall be for said company's customers'benefit,and equivalent amounts shall be transferred by said company to said customers; 4.. Said company shall not make effective any further rate increase before December 27, 1962; 5. Interest computed at 6% per annum shall be added to all such refunds; • i 6. That such settlement shall be without prejudice ` to the contentions or positions of any of the parties to said pending rate case with reference to the formulae or methods in dispute; } COUNCILMEN M Adopted by the Council 19 Yeas Nays DeCourcy Holland Approved 19 i Loss Tn Favor Mortinson Peterson, Mayor Rosen A gainst Mr. President, Vavoulis aM G (il • %� ^jay ORIGINAL TO CI .CLERK 204974 / A J" CITY OF ST. PAUL COUNCIL NO. `f U /(s� OFFICE OF THE CITY CLERK COUNCIL RESOLUTION — GENERAL FORM PRESENTED BY COMMISSIONER DATE G 2 has been presented to and considered by said Council; that said Council having been duly advised in the premises, deems said proposed settlement fair and reasonable and in the public interest and conditional upon similar action by said Commission's Legal and Technical Staffs, in the premises, hereby urges approval of said proposed settlement by said'Commission; and that the City Clerk hereby is directed to prepare a certified copy of this Resolution and to deliver the same to said Commission for filing in said matter.- 1 COUNCILMEN Adopted by the Council N OV 2 19— Yeas Nays DeCourcy a Holland - proved NOV 2 9 19_ I Loss In Favor Mortinson —, late-P,6ae_,� --- Peterson Mayor Rosen 1A gainst / t Mr. President, Vavoulis PuBL1smD�� } 5M 6_61 1� • 11 1