HomeMy WebLinkAboutReso 2002-098 - Interim Electric Rate RESOLUTION NO. 2002-R51
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
REDDING ELIMINATING THE 23% INTERIM ELECTRIC
RATE SURCHARGE AND RESCINDING COUNCIL POLICY
NO. 1405 ENTITLED RATE REDUCTION FUND, BOTH
EFFECTIVE JULY 1, 2002.
WHEREAS,at its June 4,2002,meeting,the City Council concluded that the Electric Rate
Reduction Program had been completed successfully;
THEREFORE, BE IT RESOLVED that the City Council of the City of Redding hereby
eliminates the 23%Interim Electric Rate Surcharge,effective July 1,2002;and that Resolution No.
97-64 establishing the surcharge be rescinded, effective July 1, 2002.
BE IT FURTHER RESOLVED that Resolution No. 96-218 adopting Council Policy No.
1405 entitled Rate Reduction Fund, governing the use of related proceeds, be rescinded effective
July 1, 2002.
I HEREBY CERTIFY the foregoing resolution was introduced, read and adopted at a
regular meeting of the City Council of the City of Redding on the 18`h day of June, 2002, by the
following vote
AYES: COUNCIL MEMBERS: Cibula, McGeorge, Pohlmeyer, Stegall and Kight
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
PAT KIGHT, Mayor
Attest: Form Approved:
LCL �
Connie SFmhmayer, City ler� ,��� ��
W. Leonard Wingate, i Attorney
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