HomeMy WebLinkAboutRESO 6568• • ORIGINAL
RESOLUTION NO. 6568
RESOLUT~ON OF THE COUNCIL OF~T~H~E~C~I~T~'i OF PALO ALTO
PROVIDING AUTHO!UT1 TO THE CI'I'i MANAGER TO Ef'FECT
CERTAIN CHANGES IN GAS UTILITY RATES (~CHEDULES G-1
AND G-50) AMENDING RESOLUTION 6453
WHEREAS, the Californi= Public Utiiitias Commission periodically
hears and grants gas rate adjustments to Pacific Gas & Electric
Company (PG~E); and
WHE~EAS, said PG&E rate adjus~ments are ba~erl on fluctuations in
costs to PG&E from certain gas producing companies, tax law changes,
exchange-rate changes, i~creased operating expenses, rate of return
aujustaents, and si•ilar items reflecting the financial co~dition of
PG&B7 ctnd
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 Pelo Alto does
RESOLVE as follows:
S£CTION 1. Effective October 1, 1986, the City Manager is
hereby authorized to adjust the gas rates -;)-! the City of Palo Alto
contained in Schedule G-l and G-50 of the City of Palo Alto Utilities
Rates and Charges to ref l~ct wholes~le gas rate increases and to
track eG&E's retail rate schedules G-1, G-~ and G-S01 the action of
the City Mana;er shall be nondiscretionary.
Tl~ Palo Alto Gas Rate Schedules G-l and G-50 shall
substantially con!orm ~ith those rates contained on PG&~ General
Service Rate Schedulss G-1, G-2 and G-50 applicable to th.,
Peninsula-San Joae geographical area1 provided that, in the event any
•pplicable custo .. r, de~and or commodity charges (or a combination
thereof) included in any retail rate schedule, produces a composite
rate below the City's ~holesale cost of gas, then such retail rate
shall be adjusted to a level vhich is $.OS (S cents) above the City's
wholesale cost of gas. The effective date of said adj!Jst•onts to
Schedules G~l and G-50 shall be the sa11te date on which the rate
increases fro• Psciflc Gas & Elect~ic Company becomes effective.
SECTION 2. The City Manager shall report any change in gas
rates authorized by this resolution to the City Council aa soon as
practicable. lf the City Council approves such changes, it shall do
so by reaolution.
SECTION 3. The Council of the City of Palo Alto finds that the
revenue derived fc.:>11 the authorioied adj1~staent of said gas rate*' by
the City flan.ager ahall be used only for the purposes set out in the
Palo Alto City Charter, Article VII, Section 2, ~ntitled
• • •Public Utilities Revenue•. There~ore, the adoption of this
resol~tion and the future adjustments of said gas rates by the City
Manager as authorized herein are specifically eJ" .. 111.pted from the
requicements of CEQA under Public Resour.ces Code Section 21080(b)(8).
INTRODUCED ANO PASSED: October 14, 1986
AYES: Bechtel, Cobb, Fletcher, Klein, Patitucci, Sutorius, Wooiley
NOES: Levy
ASTEt;TIONS: None
ABSENT: None
APPROVED: h4i.~r--yor -.
FORM:
Attorney