Posting Language
Title
Conduct a public hearing and consider an ordinance regarding Undine, LLC's proposal to increase water and wastewater rates for its customers located in the City's corporate limits in the area known as Greenshores of Lake Austin.
De
Lead Department
Austin Water.
Fiscal Note
This item has no fiscal impact.
Prior Council Action:
November 8, 2012 - Council approved Ordinance No. 20121108-004 suspending water and wastewater rates proposed by PK-RE Development Company, Inc., the predecessor to Undine, on a 7-0 vote.
May 2, 2024 - Council approved Ordinance No. 20240502-007 suspending an increase in water and wastewater rates proposed by Undine, LLC on an 11-0 vote.
May 30, 2024 - Council set a public hearing to be held on July 18, 2024, to receive comment on the City's recommendations regarding Undine LLC's proposed water and wastewater rates.
For More Information:
Inquiries should be directed to Blanca Madriz, 512-972-0115 or Blanca.Madriz@austintexas.gov.
Council Committee, Boards and Commission Action:
July 17, 2024 - To be reviewed by the Water and Wastewater Commission.
Additional Backup Information:
Undine, LLC, an investor-owned utility with customers in the area known as Greenshores on Lake Austin, filed a Statement of Intent to Change Rates with the Public Utility Commission of Texas (PUCT) and the City seeking regulatory approval to increase water and wastewater rates for its Greenshores customers. Of Undine's affected 167 water customers and 100 wastewater customers, only a few (approximately six) are within Austin's corporate limits.
Under Texas Water Code Chapter 13, the Council is the regulatory authority with exclusive original jurisdiction to review rates charged to water and wastewater customers within the City's corporate limits served by non-City utilities. The Council has authority to determine whether the rates, as they affect City residents, are just and reasonable and, that in all other respects, meet State and l...
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