2025-37 R - Suspending September 1, 2023 Proposal by Coserv Gas; Implement Interim Grip Rate AdjustmentsTOWN OF PROSPER, TEXAS
RESOLUTION NO. 2025-37
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER,
TEXAS, SUSPENDING THE SEPTEMBER 1, 2023, EFFECTIVE DATE OF THE
PROPOSAL BY COSERV GAS, LTD. TO IMPLEMENT INTERIM GRIP RATE
ADJUSTMENTS FOR GAS UTILITY INVESTMENT IN 2024 AND REQUIRING
DELIVERY OF THIS RESOLUTION TO THE COMPANY AND LEGAL
COUNSEL; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Town of Prosper, Texas ("Town"), is a gas utility customer of CoSery Gas,
Ltd. ("CoServ" or "the Company"), and a regulatory authority with an interest in the rates and
charges of CoServ; and
WHEREAS, CoSery made filings with the Town and the Railroad Commission of Texas
("Railroad Commission") on July 18, 2025, proposing to implement interim rate adjustments
("GRIP Rate Increases"), pursuant to Texas Utilities Code § 104.301, on all customers served by
CoServ, effective September 17, 2025; and
WHEREAS, it is incumbent upon the Town, as a regulatory authority, to examine the GRIP
Rate Increases to determine its compliance with the Texas Utilities Code.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, THAT:
SECTION 1
All of the above premises are found to be true and correct legislative determinations of the
Town of Prosper, Texas, and are hereby approved and incorporated into the body of this
Resolution as if copied in their entirety.
SECTION 2
The September 17, 2025, effective date of the GRIP Rate Increases proposed by CoSery
is hereby suspended for the maximum period allowed by Texas Utilities Code § 104.301(a) to
permit adequate time to review the proposed increases, analyze all necessary information, and
take appropriate action related to the proposed increases.
SECTION 3
A copy of this Resolution shall be sent to CoServ, care of Brent Bishop at 7701 South
Stemmons, Corinth, Texas 76210-1842, and to Thomas L. Brocato, legal counsel to the Town, at
Lloyd Gosselink Rochelle & Townsend, P.C., 816 Congress Avenue, Suite 1900, Austin, Texas
78701.
SECTION 4
This Resolution shall be effective from and after its passage by the Town Council.
DULY PASSED AND APPROVED BY THE TOWN COUNCIL OF THE TOWN OF
PROSPER, TEXAS, ON THIS 26TH DAY OF AUGUST, 2025.
ATTEST:
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Michelle Lewis Sirianni, Town Secretary
APPROVED AS TO FORM AND LEGALITY:
Terrence S. Welch, Town Attorney
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David F. Bristol, Mayor
Resolution No. 2025-37, Page 2