Posting Language
Title
Approve an ordinance suspending an increase in water and wastewater rates proposed by Undine, LLC, for its customers located in the City's corporate limits, in the area known as Greenshores on Lake Austin. Funding: This item has no fiscal impact.
De
Lead Department
Austin Water.
Fiscal Note
This item has no fiscal impact.
Prior Council Action:
May 2, 2024 - Council approved Ordinance No. 20240502-007 suspending an increase in water and wastewater rates proposed by Undine, LLC for its customers located in the City's corporate limits in the area known as Greenshores on Lake Austin 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.
July 18, 2024 - Council conducted a public hearing and approved Ordinance No. 20240718-115 denying Undine, LLC's proposed changes to wastewater rates and approving changes to water rates for its customers located in the City's corporate limits in the area known as Greenshores on Lake Austin on a 10-0 vote with Council Member Kelly off the dais.
For More Information:
Inquiries should be directed to Heather Cooke, Austin Water Chief Administrative Officer at 512-972-0083, or heather.cooke@austintexas.gov.
Additional Backup Information:
On March 28, 2024 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 ("TWC") Chapter 13, Council is the regulatory authority with exclusive original jurisdiction to review rates charged to water and wastewater customer...
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