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HomeMy WebLinkAboutRESO 58631 ORIGINAL RESOLUTION NO. 5863 RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO PROVIDING AUTHORITY TO THE CITY MANAGER TO EFFECT CERTAIN CHANGES IN GAS UTILITY RATES (SCHEDULES G-1 ANO G-50) (AMENDING RESOLUTION NO. 5775) WHEREAS, the California Public Utilities Commission periodically hears and grants wholesale gas rate increases to Pacific Gas & Electric Company (PG&E)J 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&E1 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. NOW6 THEREFORE, the Council of the City of Palo Alto does RESOLVE as follows: SECTION 1. Effective January 1, 1981, 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 reflect 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 Mana- ger shall be nondiscretionary. This resolution expires December 31, 1981. The Palo 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 wholesale rate ir1creases from Pacific Gas & Electric Company become effective for the City. SECTION 2.. The City Mana'}er shall report any change in gas rates authorized by thls resolution to the City Council as soon as practic- able. 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, entitled •public Utilities Revenue.• Therefore, the adoption of this resolution and the future adjustments of said gae rates by the City Manager as authorized herein are specifically exempted from the requirements of CBQA under Public Resources Code Section 21080(b)(8). INTRODUCED AND PASSED: December 22' 1980 AYES: Bechtel, Eyer1y, Fazzino, Fletcher~ Henderson. Levy, Renzel NOES: 'None ABSTENTIONS: None ABSENT: Brenner, Witherspoon APPROVED: 12&.rv ~lhr 1 ' . APPROVED AS TO FORM: s~~Y ' )