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HomeMy WebLinkAboutRESO 5982e ORfGf N.1.L RESOLUTION NO. 5982 RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO PROVIDING AUTHORITY TO THE CITY MANAGER TO EFFECT CERTAIN CH~NGES IN GAS UTILITY RATES {SCHEDULES G-1 AND G-50) Ai-iENDING RESOLUTION NO. 5863 WHEREAS, the California Public Utilities Conunission periodically hears and grants gas rate increases to Pacific Gas & Electric Company (PG&E); and WHEREAS, said PG~E rate increases are based upon fluctuations in costs to PG&E from certain gas producing companies, tax law changes, exchange cate changes, increased operating expenses, rate of return adjustments, and similar items reflecting the financial condition of PG&E; and WHEREAS, it is desirable for the City of Palo Alto to adjust its gas rates promp~ly upon commencement of an increase from PG&E in order to avoid loss of revenue. NOW, THEREFO,~E, the Council of the City of Palo Alto does RESOLVE as follows: SECTION 1. Effective January 1, 1982, the City Manager is hereby authorized to adjust the gas rates of the City of Palo Alto contained in Schedule G-1 and G-50 of the City of Palo Alto Utilities Rates and Charges to ref le ct wholesale gas rate increases and to track PG&E' s retail rate schedules G-1, G-2, and G-50: the action of the City Manager shall be nondiscretionary. This resolution expires December 31 , 1 98 2. The ?alo Alto Gas Rate Schedules G-1 and G-50 shall substantially conform with those rates contained on PG&E General Service Rate G-1, G-2, and G-50 applicable to the East Bay, Peninsula-San Jose and Sacra- mento geographical area. The effective date of said adjustments to Schedules G-1 and G-50 shall be the same date on which the rate in- creases from Pacific Gas & Electric Company become effective. SECTION 2. The City Manager shall report any change in gas rates authorized by this resolution to the City Council as soon as practi- cable. If the City Council approves such changes, it shall do so by resolution. SECTION 3. The Council of the City of Palo Alto finds that the revenue derived from the authorized adjustment of said gas rates by the City Manager shall be used only for the purposes set out in the Palo Alto City Charterr Article VII, Section 2, entitled "Public Utilities Revenue.• Therefore, the adoption of this resolution and the future adjustments of said gas rates by the City Manager as authorized herein are specifically exempted from the requirements of CEQA under Public Resources Code Section 21080(b)(8). INTRODUCED AND PASSED: December 21, 1981 AYES: Bed1tel, Eyerly, Fazzin:>, Fletcher, Henderson, Klein, uavy NOES: lt>ne ABSTENTIONS: None ABSENT: Renzel, Witherspoon APPROVED: APPROVED €ff!h.~~l)o • ~L •