Prince George's County Council - Reference No. CR-010-2018

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Details

Reference No.

CR-010-2018 Draft No.

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

2/27/2018

Introduced Date

2/27/2018

Public Hearing Date

Effective date:

Title:

A RESOLUTION CONCERNING WGL HOLDINGS, INC., WASHINGTON GAS LIGHT COMPANY AND ALTAGAS, LTD. MERGER AND SETTLEMENT AGREEMENT for the purpose of recommending that the Maryland Public Service Commission (“Commission”) approve the merger of WGL Holdings, Inc., Washington Gas Light Company (“Washington Gas”) and AltaGas, Ltd. (“AltaGas”), including the terms of the Settlement Agreement and Stipulation (“Settlement Agreement”) by and among Washington Gas, AltaGas, Prince George’s County, Montgomery County and other settling parties.

Proposers/Sponsors:

Derrick Leon Davis

Attachments:

1. R2018010, 2. CR-10-2018 AIS, 3. AltaGas WGL Prince George County 2018, 4. AltaGas WGL Maryland 2018

Contact:

Kathleen H. Canning, Legislative Officer

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
2/27/2018	1	County Council	amended (1)	Pass	Action details	Meeting details	Video
2/27/2018	1	County Council	introduced		Action details	Meeting details	Video
2/27/2018	1	County Council	rules suspended	Pass	Action details	Meeting details	Video
2/27/2018	1	County Council	adopted	Pass	Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING WGL HOLDINGS, INC., WASHINGTON GAS LIGHT COMPANY AND ALTAGAS, LTD. MERGER AND SETTLEMENT AGREEMENT for the purpose of recommending that the Maryland Public Service Commission (“Commission”) approve the merger of WGL Holdings, Inc., Washington Gas Light Company (“Washington Gas”) and AltaGas, Ltd. (“AltaGas”), including the terms of the Settlement Agreement and Stipulation (“Settlement Agreement”) by and among Washington Gas, AltaGas, Prince George’s County, Montgomery County and other settling parties.

Background

AltaGas and Washinton Gas entered into a Settlement Agreement with the Maryland Energy Administration, Prince George's County, Montgomery County, and the local council of the Laborers' International Union of North America. Together, AltaGas and Washington Gas will be in an even stronger position to deliver exceptional service at affordable rates across Maryland. This resolution requests the Maryland Public Service Commission to approve the merger, including the terms of the Settlement Agreement.

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