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RESOLUTION NO. 5173
RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO
PROVIDING AUTHORITY TO THE CITY MANAGER TO EFFECT
CERTAIN CHANGES IN GAS UTILITY RATES (SCHEDULE G-l)
WHEREAS, recently the California Public Utilities Com.~ission
heard and granted sever.al wholesale gas rate increases to Pacific
Gas & i::lectric Company as "offsets" and 11 tracking11 ; and
WHEREAS, said_ offsets include fluctuations in the cost of
gas to Pacific Gas & Electric Company from certain producing
companies, tax law changes, exchange rate changes, and similar
items affecting the cost of gas to Pacif.i.c Gas & Electric· Company;
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WHEREAS, in addition to offsets, other increases, commonly
known as "tracking," are authorized to be effective in the future
when and if the Federal Power Commission grants requested rate
increases to gas producers; and
WHEREAS, it is desirable for the City of Palo Alto to adjust
its gas rates promptly upon commencement of an increase from
Pacific Gas & Electric Company in.order to avoid loss of revenue;
NOW, THEREFORE, the Council of the City of Palo Alto hereby
RESOLVES as follows:
SECTION 1. Until December 31, 1976, the City Manager hereby
is authorized to adjust the gas rates of the City of Palo Alto
~ontaineg on Schedule G-1 of the City of Palo Alto Utilities Rates
and Charges to produce rev·enue that is equal to the wholesale gas
rate increase. The Palo Alto Gas Rate Schedule G-1 will substan-
tially conform with the rate structure contained on Pacific Gas &
Electric Company General Service Rate G-2, applicable to the East Bay,
Peninsula-San Jose, and Sacramento geographical areas. The
effective date of said adjustments to Schedule G-1 shall be the
same date on which the wholesale rate increases from Pacific Gas ·
& Electric Company become effective for the City.
SECTION 2. Said rate adjustments may be made by the City
Manager to conform with offset and traCking increases granted,
previously granted, or which may be granted and placed into effect
during said period and shall be limited to a maximum of ten per-
cent (10%) over the existing rates currently contained in Schedule
G-1 of the Palo Alto Utilities Rates and Charges. This resolution
shall not affect any increase granted to Pacific Gas & Electric
Company in its rate of return or in rates and charges to produce
its existing authorized rate of return, other than as offset or
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tracking increaees. The City Manager shall report any change in
gas rates authorized by this resolution to the City Council as
soon as practicable~
SECTION 3. The Council of the City of Palo Alto finds that
this is not a project as defined in Section 11.04.130 of the
Palo Al to Municipal (:ode and, there fore, no environmenta.l impact
assessment is necessary.
INTRODUCED AND PASSED: Decem.be.r 8~ 1975
AYES: Beahrs, Berwaldt Carey, Clay, Comstock, Eyerly, Norton, Sher, Witherspoon
NOES: None
ABSTENTIONS: None
ABSENT: None
a:;J ~:t City Cl
APPROVED:
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Assistant City Attorney
APPROVED:. ... f: /~; /c..-;/ city"Ma~ager
APPROVED:
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