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HomeMy WebLinkAboutRESO 5756, .. " RESOLUTION NO. 5756 RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO PROVIDING AUTHORITY TO THE CITY MA.~GER TO EFFECT CERTAIN CHANGES IN GAS UTILITY RATES (SCHEDUijE G-1} (AMENDING RESOLUTION NO. 5735) WHEREAS, the California Public Utilities Conunission periodically hears and grants wholesale 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 rate changes, increased operating expenses, rate of return adjustments, and similar items reflecting the financial condition of PG&E; and WH~REAS, it is desirable for the City of Palo Alto to adjust its gas rates promptl~t ~'pon commencement of an increase frcrn PG&E in order to avoid loss of revenue. NOW, THEREFORE, the Council of the City of Palo Alto does RESOLVE as follows: SECTION 1. Effective December 17, 1979, the City Manager is hereby authorized to adjust the gas rates of the City of Palo Alto contained in Schedule G-1 of the City oi Palo Alto Utilities Rates and Charges to reflect wholesale gas rate increases and to track PG&E's r~tail rate schedules G-1 and G-21 the a~tion of the City Manager shall be non- discretionary. This resolution expires December 31, 1980. The Palo Alto Gas Rate Schedule G-1 shall substantially conform with those rates contained on PG&E General Service Rate G-1 and G-2 applicable to the East Bay~ Peninsula-San Jose and Sacramento C..eographical area. 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. Said rate adjustments by the ~ity Manager shall be limited to a maximum of thirty-five (35) percent over the existing rates currently contained in Schedule G-1 of the Palo Alto Utilities Rates and Charges. SECTION 2. The City Manager shall report any change in gas rates authorized by this recolution to the City Council as soon as practicable. If the City Council approves such changes, it shall do so by resolution. SECTrON 3. The Council of the City of Palo Alto finds that the revenliiCferived from the authorized adjustment of said gas rates by the City Manager shall be used only for the purposes set ou~ in the Palo Alto City Charter, Article V .. !, Section 2, entitled "Public Utilities Revenue." Ther-ifore, 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 17 I 1979 AYES: Brenner, Eyerly, Fazzino, Fletcher, Henderson, Levy, Renzel, Witherspoon NOES: None ABSTENTIONS: None ABSENT: Sher ; , • ATTEST: ~}_~( cifYCi' · APPROVED AS TO FORM: APPROVED: -2 - cc 1: i-r, ~W"t_ tHt r(;f ~