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HomeMy WebLinkAboutRESO 6453----·-·-------·----------- ORIGINAL RESOLUTIOi. NO. 6453 RESOLUTION OF THE COUNCIL OF THE CITY OF PALO PROVIDING AUTHORITY TO THE CITY MANAGER TO EFFECT CERTAIN CHANGES IN GAS UTILITY RATES (SCHEDULES G-1 AND G-50) AMENDING RESOLUTION 6338 WHEREAS, the California Public Utilities Conunission periodi- cally hears and grants gas rate increases to Pacific Gas & Electric Company (PG&E); and WHEREAS, said PG&E rate increases are based on fluctuations in costs to PG&E from certain gas producing companies, tax law changesr exchange rate 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 promptly upon commencement of an increase from PG&E in order to avoid loss of revenue. NOW, THEREFORE, the Council of the City of Palo Alto does RESOLVE as follows: SECTION l. Effective Januaty l, 19Bt, 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 Utili- ties Rates and Charges to reflect wholesale gas rate increases and to track PG&E's retail rate schedules G-1, G-2, and G-501 the action of the City Manager shall be nondiscretionary. This reso- lution expires December 31, 1986. The Palo Alto Gas Rate Schedules G-1 and G-50 shall substan- tially conform with those rates contained on PG&E General Service Rate Schedules G-1, G-2 and G-50 applicable to the Peninsula-San Jose geographical area. The effective date of said adjustments to Schedules G-1 and G-50 shall be the same date on which the rate increases 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 practicable. 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 Charter, Article VII, Section 2, en- titled •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 23, 1985 AYES: Bechtel, Cobb, Fletcher, Klein, Levy, Patitucci, Renzel, Sutorius, Woolley NOES: None ABSTENTIONS: None ABS ENT: None APPROVED: ~ Mayor APPROVE A!} T / tJu~ttF· Sen"or .~ssistant City Attorney Dir'ector of Util'ie