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HomeMy WebLinkAbout2004-03-15 City Council (12)City of Palo Alto City Manager’s Report TO:HONORABLE CITY COUNCIL 7 FROM:CITY MANAGER DEPARTMENT: UTILITIES DATE: SUBJECT: MARCH 15, 2004 CMR:186:04 RECOMMENDATION TO EXECUTE FINAL SETTLEMENT AGREEMENT BETWEEN THE CITY AND COUNTY OF SAN FRANCISCO AND THE SUBURBAN PURCHASERS RECOMMENDATION Staff recommends that Council authorize the Mayor to execute the final settlement agreement between the City and County of San Francisco and the member agencies of the Bay Area Water Supply and Conservation Agency. BACKGROUND In 1984, Palo Alto and the other agencies and water districts who purchase water from the City and County of San Francisco (San Francisco) entered into a Settlement Agreement and Master Water Sales Contract (Master Contract) with San Francisco. The agencies and water districts that purchase water from San Francisco are the same as the member agencies of the Bay Area Water Supply and Conservation Agency (BAWSCA) and are collectively referred to in the Master Contract as the Suburban Purchasers. Disputes in implementation of the terms and conditions of the Master Contract may be resolved by arbitration. In June 2002, an arbitration was requested by the five agencies (referred to in the Master Contact as the Suburban Representatives) who represent the BAWSCA member agencies in certain cases in the Master Contract: the Cities of Palo Alto, Redwood City, and Hayward, the Alameda County Water District, and the California Water Service Company, Inc. The Suburban Representatives disagreed with San Francisco regarding the calculation of the amount charged to the BAWSCA member agencies (the Suburban Revenue Requirement) for Fiscal Year 1999-2000. DISCUSSION The two issues in dispute related to: 1) double-counting of fixed assets; and 2) the proper allocation of design costs for a septic system at the Kirkwood powerhouse. San CMR:186:04 Page 1 of 3 Francisco and the BAWSCA member agencies approved a Partial Settlement Agreement in December 2002, which resulted in a credit to the BAWSCA agencies of $1.6 million. The Partial Settlement Agreement resolved the double-charging issue for assets going forward and for another issue identified in the investigation conducted after the arbitration filing: credit to the BAWSCA agencies for reimbursement San Francisco received from the Federal Emergency Management Agency for repairing facilities damaged in disasters. However, two issues remained unresolved: 1) double-counting of fixed assets in the period prior to FY 99-00, specifically FY 97-98 and FY 98-99; and 2) septic system design write-offs. In January 2004, San Francisco agreed with BAWSCA’s position on the double-counting of assets and agreed to credit the Suburban Purchasers over $2 million to correct that problem. The issue of the $2.5 million written off by San Francisco as septic system design was investigated further and a variety of problems was discovered, primarily very bad record-keeping and inadequate accounting systems. It was discovered that the $2.5 million was not spent on septic system designs at Early Intake, a San Francisco power facility, that were subsequently abandoned, as represented by San Francisco, but included a long list of expenditures on projects such as waste treatment projects at O’Shaughnessy Dam, septic system design at Holm powerhouse, sewer system improvements at a campground at Tuolumne Meadows, as well as septic system plans and designs for Early Intake that actually were used. Only $957,000 could actually be attributed to faulty designs at Early Intake. All these corrections were added to the Final Settlement Agreement resulting in a total credit in the balancing account to the Suburban Purchasers of $2,094,621 for both issues. Perhaps the most valuable element of the Final Settlement Agreement is concurrence to certain terms to improve the clarity and accuracy of San Francisco cost accounting in the remaining years of the Master Contract. Overall, the arbitration demand filed by the Suburban Purchasers in June 2002 resulted in a total savings of $3.6 million. The savings will result in lower wholesale water costs by approximately $300,000 in for FY 04-05 for Palo Alto. ATTACHMENT Final Settlement Agreement PREPARED BY:_ JANE RATCHYE, Senio(R/esource Planner CMR:186:04 Page 2 of 3 DEPARTMENT HEAD: CITY MANAGER APPROVAL: of Utilities Assistant City Manager CMR:186:04 Page 3 of 3 CHR:186:04 ATTACHMENT A FINAL SETTLEMENT AGREEMENT I.RECITALS 1.In 1984, the City and County of San Francisco ("San Francisco" or the "City") and the various communities and water districts in Alameda, San Mateo and Santa Clara Counties that purchase water from the City (the "Suburban Purchasers") entered into a Settlement A~eement and Master Water Sales Contract (the "Contract"). The Contract, anaong other things, provides how costs of water system operation will be allocated and how water rates will be set and provides an arbitration procedure in the event of dispute. 2.On June 21, 2002, Alameda County Water District, California Water Service Company, Inc., the City of Ha~vward, the City of Palo Alto, and the City of Redwood City (acting as the Suburban Representatives as provided in the Contract) served a Demand for Arbitration against San Francisco pursuant to Section 8.02 of the Contract, contesting the San Francisco Public Utilities Commission’s ("SFPUC’s") calculation of the Suburban Revenue Requirement for Fiscal Year ("FY") 1999-00. 3.In December 2002, the parties entered into a Partial Settlement Agreement which resolved some, but not all, of the matters at issue with respect to the Suburban Revenue Requirement for FY 1999-00. 4.In January 2003, the City filed its response to the Demand for Arbitration. 5.In May 2003, the parties agreed to submit the dispute to the Hon. Charles Legge, United States District Judge (Ret.) for resolution through arbitration, as provided by the Contract. 6.In accordance with scheduling orders issued by Judge Legge, the parties conducted both formal and informal discovery, pursuant to which the SFPUC thrnished copies of documents requested by the Suburban Representatives and made available employees of the SFPUC for depositions. 7.The parties have met to discuss the issues remaining in dispute. As a result of their discussions, the parties have reached agreement on all such matters and desire to conclude the dispute on the terms set out below. 1077525.5 Cf, IR:186:04 AnACHMENT A II.CAPITALIZATION/EXPENSE OF EQUIPMENT ASSETS 8.Background. In FY 1997-98, the SFPUC converted its existing fixed asset records and began using a Fixed Asset Accounting and Control System, implemented by the City Controller, to record and maintain fixed asset records. As part of the implementation of this system, certain accounting procedures were modified. One such modification was to use a single index code to reverse the expensing of equipment purchases that were also capitalized. As a consequence of this modification, a portion of the cost of these equipment assets was both charged to the Suburban Purchasers as an expense in the year of acquisition and added to the wholesale rate base on which the Suburban Purchasers are charged depreciation mad return on capital over the assets’ useful lives. 9.The Partial Settlement Agreement corrected this overstatement insofar as assets capitalized in FY 1999-00 and charged as an expense in calculating the Suburban Revenue Requirement for that year are concerned. The correction was effected by means of a credit in favor of the Suburban Purchasers of $1,1 t 5,360 for that year, reflected in an adjustment to the balancing account as of June 30, 2002 in that anaount plus interest. The Partial Settlement Agreement did not, however, address equipment assets both expensed and capitalized during FY 1997-98 or FY 1998-99. 10. The parties now agree to address this overstatement with respect to equipment assets that were both expensed and capitalized during FY 1997-98 and FY 1998-99. The overstatement will be offset by means of a credit in favor of the Suburban Purchasers in the amount of $2,067,402, to be reflected in an adjustment to the balancing account as of June 30, 2002 in that amount. The credit represents the present value of return and depreciation charged or to be charged on the Suburban Purchasers’ share of the equipment assets purchased in FY 1997-98 and FY 1998-99. The method by which this credit is calculated is shown on Attaclmaent One. III.DESIGN EXPENSE WRITE-OFF l 1. Background. In FY 1999-00, the SFPUC expensed $2,541,749 in charges that had been accumulated in a Work in Progress (WIP) account since FY 1987-88 (the "Write-Off"). At the time that the SFPUC transferred this amount to expense, it believed (a) that all the charges had been incurred in developing designs of a septic system in the Hetch Hetchy Water and Power Final Settlement Agreement 1077525.5 Cf, lR:186:04 A’n’ACHf, tENT A Department, (b) that the project as so designed had been abandoned and that it was therefore appropriate to write off the design costs as an expense, and (c) that the facility to be served by the septic system serves both water and power functions and is therefore classified as "joint." Based on these assumptions, the SFPUC treated the entire Write-Off as a joint expense, a portion of which was included in the Suburban Revenue Requirement. 12. Investigations and discovery conducted as a result of the filing of the Demand for Arbitration have disclosed that the majority of the Write-Off expensed in FY 1999-00 was not associated with preparation of subsequently abandoned designs of a septic system for a joint facility. For example, some charges were associated with projects that were actually constructed and should have been capitalized. Other charges were associated with preparation of designs for a facility that is properly classified as power, rather than joint. Other charges were associated with preparation of designs which were actually used in construction of facilities that are now substantially complete and which should be included in the cost of those facilities when they are capitalized. Still other charges were incurred in construction of a facility that is properly classified as water, rather than joint. 13. The parties agree that the Write-Off will be reclassified, for purposes of the Contract and Suburban Revenue Requirement, as follows: A.$552,544 of the amount recorded as an expense in FY 1999-00 will be treated as plant-in-service as of June 30, 2000. This amount represents the cost of design and construction of improvements to the septic system at O’Shaughnessy Dam completed in two phases pursuant to Contact No. HH-817R and Contract No. HH-829. The improvements will be assigned a useful life of 10 years and will be classified as joint. The amount to be included in the Suburban Revenue Requirement as the Suburban Purchasers’ share of return and depreciation for years commencing with FY 2002-03 is $21,006 per year. B.$50,000 of the amount transferred to expense in FY 1999-00 will be reclassified from joint to power. This amount represents the estimated cost of preparing plans for septic system improvements at Holm Powerhouse that were not used. C.$587,658 of the amount transferred to expense in FY 1999r00 will be reclassified from joint to water. This represents the cost of design and construction of the initial Final Settlement Agreement 1077525.5 Cf,IR:186:04 ATrACHf,IEN[ A phase of improvements to the septic system at the National Park Service ("NPS") camp~ound at Tuolumne Meadows which was completed in FY 1995-96 pursuant to Contract No. WP-04, and an associated payment to the NPS. D.$393,616 of the amount recorded as an expense in FY 1999-00 as design costs will be treated as Construction-Work-in-Progress ("WIP"). This represents the estimated cost of preparing designs that were in fact used in construction of sanitary and industrial waste treatment facilities recently constructed under SFPUC Contract WP-! 5R. This aanount wil! be treated as plant-in-service for the purposes of calculating the Suburban Revenue Requirement when the facilities built under Contract WP-15R are capitalized. The facilities constructed under Contract WP-15R are distributed among four locations, which are classified as follows: ¯Early Intake Septic System:Joint ¯Kirkwood Powerhouse (including its connection to Early Intake Septic System)Power ¯Holm Powerhouse Power ¯Moccasin Powerhouse Power The $393,616 in design costs will be allocated to these four facilities in the same proportion as the other costs to be capitalized (including construction and construction management) are allocated among these four facilities. For purposes of this Agreement, the portion of the Early Intake Septic System to be classified as power extends from the Kirkwood Powerhouse to Station 64+20.76, as shown on Sheet No. C-3 for Contract WP-15R. E.The balance of the amount transferred to expense in FY 1999-00 ($957,931) will remain as a joint expense in FY 1999-00. The result of the foregoing reclassifications is a credit in favor of the Suburban Purchasers in FY 1999-00 of $75,711. The method by which this credit is calculated is shown on Attachment Two. Final Settlement Agreement 1077525.5 CMR:186:04 AI-~ACH~IENT A IV.ADJUSTMENTS TO SUBURBAN REVENUE REQUIREMENT FOR FY 1999-00 AND TO BALANCING ACCOUNT 14. The total amount of the adjustments to the FY 1999-00 Suburban Revenue Requirement called for in Sections 10 and 13 and the resulting credit to the balancing account as of June 30, 2002 shall be as shown on Attachment Three. V.EVALUATION OF SFPUC COST ACCOUNTING P~NCIPLES 15. The SFPUC has initiated changes in its cost accounting systems and procedures which it believes will improve its ability to track and allocate costs accurately and in accordance with the Contract. Other improvements are scheduled to be implemented within the next 24 to 36 months. These improvements are described in Attacbanent Four. The SFPUC agrees to implement these improved systems and procedures and to regularly inforrn the Suburban Representatives, through the Bay Area Water Supply and Conservation Agency, of their status and operation as provided in Attachment Four. VI.OTHER PROVISIONS 16. Compromise of Disputed Claims. This Agreement is a compromise of disputed claims, and no party intends it to be construed as an admission by any party as to any legal or factual position. 17. Retention of Jurisdiction. Judge Charles Legge will retain jurisdiction of the Demand for Arbitration for purposes of enforcement of this Settlement Agreement. 18. Relationship to Contract. To the extent there is any inconsistency between any term of this Agreement and the Contract, this Agreement will control and prevail. 19. Complete Agreement. Except as otherwise specified, this Agreement constitutes the complete agreement between the parties concerning the subject matter of this Agreement. There are no representations, promises, warranties, covenants, or undertakings other than those expressly set forth or referred to in this Agreement. 20. Modifications. This Agreement may be modified only in writing by the parties to this Agreement. Final Settlement Agreement 1077525.5 CMR:186:0~ ATTACHMENT A 21. Waivers. Any tenn or provision of this Agreement may be waived at any time by the party or parties entitled to the benefit thereof by a written instrument duly executed by such party or parties. Any waiver for any particular matter shall not, unless otherwise noted, be construed to constitute a waiver for any other matter. 22. Notice. Any notices permitted or required to be given tinder this Agreement may be given by persona! delivery, or by U.S. mail, first class postage prepaid, to the representative of the parties as provided below: If to the City:Patricia E. Martel, General Mmaager San Francisco Public Utilities Commission 1155 Market Street, 4th Floor San Francisco, CA 94103 With a copy to: Joshua D. Milstein, Deputy City Attorney 1390 Market Street, 6th Floor San Francisco, CA 94102 If to the Suburban Representatives:Art Jensen, General Manager Bay Area Water Supply & Conservation Agency 155 Bovet Road, Suite 302 San Mateo, CA 94402 With a copy to: Ray McDevitt Hanson, Bridgett, Marcus, Vlahos & Rudy, LLP 333 Market Street, Suite 2300 San Francisco, CA 94105-2173 23. California. Governin~ Law. This Agreement is governed by the laws of the State of 24. Agreement. Recitals and Exhibits. The recitals and exhibits to this Agreement are part of this 25. Section Headings. Section headings are for ease of reference only. They are not part of the Agreement, and they are not intended to modify or alter the meaning of the text of the Agreement. Final Settlement Agreement 1077525.5 CMR:I:86:04 ATTACHMENT A 26. Counterparts. This Agreement may be executed in any number of counterparts, each of which when executed and delivered shall be deemed to be an original and al! of which counterparts taken together shall constitute but one and the same instrument. IN WITNESS WHEREOF, this Agreement is entered into by the parties by their respective duly authorized officers, the Suburban Representatives acting on their own behalf and on behalf of the Suburban Purchasers. THE CITY AND COUNTY OF SAN FRANCISCO Acting by and through its Public Utilities Commission By: PATRICIA E. MARTEL, General Manager Date:,2004 Secretary to the Commission APPROVED AS TO FORM: Deimis J. Herrera, City Attorney By: Deputy City Attorney Suburban Representatives ALAMEDA COUNTY WATER DISTRICT By:Date:.2004 CALIFORNIA WATER SERVICE COMPANY By:Date:,2004 Final Settlement Agreement 1077525.5 Cf, tR:186:04 ATTACHF1ENT A CITY OF HAYWARD By:Date:,2004 CITY OF PAL0 ALTO By:.Date:,2004 CITY OF REDWOOD CITY By:Date:.2004 APPROVED AS TO FORM: HANSON, BRIDGETT, MARCUS, VLAHOS & RUDY By: Attorney for Bay Area Water Supply & Conservation Agency and the Suburbm~ Representatives Final Settlement Agreement 1077525.5 CMR:186:04 ATTACHMENT A CMR: 186:04 AI-I’ACHMENT A Cf4R:186:04 ATTACHf4ENT A Cf4R:186:04 ATTACHMENT A E 0 o Cf, IR:186:04 AT[ACHf, IENT A ~o°~ CMR:186:04 AI-rACHMENT A Summary of Costs Charged to Project No. CUH793 Included in FY 1999-00 Suburban Revenue Requirement Calculation Cost Summary Project-to-date Charges through 6/30/00 2,541,749 Less: O’Shaughnessy Phase I O’Shaughnessy Phase II Toulumne Meadows Sewer Rehabilitation Holm Powerhouse Design Allowance Subtotal 238,599 Capitalize as Joint 313,945 Capitalize as Joint 587,658 Expense as Water Specific 50,000 Expense as Power Specific 1,190,202 Charges FY 96-97 to FY99-00 393,616 Exclude (Capitalize with WP-15R) Net Charges to be Transferred to Expense1 957,931 Expense as Joint Credit Calculation Costs to be Transferred to Expense Toulumne Meadows Sewer Rehabilitation Holm Powerhouse Design Allowance FY 86-87 through FY 95-96 Joint Costs Total to Expense Allocation Factor Allocated Cost Suburban Allocation Factor Suburban Share Power 50,000 Wate~ Joint 587,658 957,931 50,000 587,658 957,931 0%100%45% 0 587,658 431,069 65.9615%65.9615%65.9615% 0 387,628 284,340 Total . 671,968 Costs to be Capitalized O’Shaughnessy Phase 1 O’Shaughnessy Phase II Total Allocation Factor Addition to Water Related Rate Base Average Rate Base Suburban Allocation Factor Suburban Share Rate of Return Return 238,599 313,945 552,544 0%100%45% 0 0 248,645 0 0 124,323 64.2595%64.2595%64.2595% 0 0 79,889 8.4858%8.4858%8.4858% 0 0 6,779 6,779 Total to be included in SRR 678,747 Amount originally included in SRR Credit to Suburban Purchasers 2,541,746 45% 65.9615%754,458 75,711 ~Charges net of transfers to expense and plant-in-service A~achement2 Page I of 1 Summary of Settlement Credits Issues 1 and 2 CMR:186:04 ATTACHMENT A Attachment 3 Page I of I Credits due the Suburban Purchasers Issue 1 CreditI Issue 2 Credit FY 2000-01 Interest at 6.045% FY 2001-02 Interest at 4.232% Total Credits due the Suburban Purchasers Credit due San Francisco Issue 2 Credit~ Net Credits due the Suburban Purchasers $2,067,402 $75,711 $4,577 $3,204 $2,150,894 $56,273 $2,094,621 Reference Attachment 1 Reference Attachment 2 ~Net present value of return and depreciation over expected service lives of assets also includes as expense 2Return and Depreciation on O’Shaughnessy Phase I and Phase I! improvements including interest CMR:186:04 ATTACHMENT A Page 1 of 2 ATTACHMENT FOUR The SFPUC is implementing measures to improve its management of capital projects. These include o o No Electronic Timecard System: Recently implemented by the SFPUC, the system allo~vs labor costs to be updated on a daily basis and maintained to accurately assess the status of schedules and budgets throughout a project’s stages. Proiect Control System: Is intended to be the primary scheduling and budgeting tool for managing capital projects, including those in the regional Capital Improvement Program, allowing costs to be tracked and controlled at the task or activity level within a project. Enterprise Asset Management: Represents a systematic approach to management of fixed assets from the initial planning stage through design, construction, operation and maintenance, rehabilitation to ultimate disposal. Implementation of these programs provides an opportunity to improve SFPUC’s ability not only to accurately track costs, but to accurately assign them to appropriate categories established by the Master Contract. (For example, ’°water," "power" or "joint" for HHWPD assets and ’~base," "maximum day" or" maximum hour" for SFWD assets.) SFPUC will keep the Suburban Purchasers informed, through periodic reports to BAWSCA, of its progress implementing these and related efforts to improve its control of project costs. Specifically: Project Control System: Within 60 days from the date of this Agreement, SFPUC will provide BAWSCA the specifications for its enhanced project control system, together with a schedule identifying the key milestones for implementing the project control system. Thereafter, the SFPUC will provide quarterly updates on the status of implementation until such time as the system is fully implemented, and will include BAWSCA representatives in a demonstration of the system prior to full implementation.. The SFPUC will give thoughtful consideration to any comments BAWSCA may provide regarding the specifications for the project control system and/or the status of its implementation. No Enterprise Asset Management System: Within 90 days from the date of this Agreement, the SFPUC will provide BAWSCA a draft Request for Proposals soliciting consultant services as the initial step in developing an enterprise asset management system. The SFPUC will give thoughtful consideration to any comments BAWSCA may provide regarding the scope of work, schedule and other elements of this RFP, as well as on the final contract with the selected consultant. Thereafter, SFPUC will provide quarterly reports to BAWSCA on the status of implementation, which is expected to require between two to three years to complete, and will include BAWSCA representatives in a demonstration of the C:\Documents and Settings\tern\Local Settings\Temporary Intemet Files\OLK2\ATT4~99.DOC CMR:186:04 ATTACHMENT A Page 2 of 2 system prior to full implementation... Within 90 days from the date of this Agreement, the SFPUC will request the external auditor which conducted the most recent audit of the Suburban Revenue Requirement (KPMG) to offer suggestions on how the project control system and enterprise asset management system can assist the SFPUC in preparing the Suburban Revenue Requirement in compliance with the Master Contract and assist the external auditor in conducting its audit of the Suburban Revenue Requirement. Commencing with projects advertised for bid more than 180 days after this Agreement, the SFPUC will use its best efforts to structure the bid form used to solicit bids to construct projects in the wholesale water system, the costs of which should be assigned to more than one cost category in the Master Contract, so as to facilitate the allocation of those costs between or among those categories. C:kDocuments and SetlingskremkLocal Settin~kTernpora~, lnternet Files\OLK2~ATT4~99.DOC