HomeMy WebLinkAboutReso 95-029 - Establishing a Projected 6.0% Electric Utility Rate Increase for Nov 1995, to be used for Budget & Planning Purposes Only RESOLUTION NO. 95-_Z:9
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
ESTABLISHING A PROJECTED 6.0 PERCENT ELECTRIC UTILITY RATE
INCREASE FOR NOVEMBER 1995, TO BE USED FOR BUDGET AND PLANNING
PURPOSES ONLY.
WHEREAS, Section 16.12.320 of the Redding Municipal Code provides that the City
Council shall establish electric utility rates by resolution; and
WHEREAS, on April 26, 1993, by Resolution 93-133, the City Council adopted a time
schedule for the electric utility annual budget and rate review process; and
WHEREAS, for the reasons set forth in the attached Report to City Council dated
January 11, 1995, the electric department has recommended a projected 6.0 percent rate
increase for November 1995, to be used for budget and planning purposes; and
WHEREAS, the City Council has carefully considered this matter;
NOW, THEREFORE, IT IS HEREBY RESOLVED that the City Council hereby establishes a
projected 6.0 percent electric utility rate increase for November 1995, to be used for
budgeting and other planning purposes only.
I HEREBY CERTIFY that the foregoing Resolution was introduced, read, and adopted
at a regular meeting of the City Council on the 17th day of January , 1995, by the
following vote:
AYES: COUNCIL MEMBERS: P. Anderson, Kehoe, McGeorge, Murray and R. Anderson
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
BERT C. ANDERSON, Mayor
City of Redding
ATTEST: FORM APPROVED:
CONNIE STR YER DO GLAS / . CALKINS �
City Clerk Interim City Attorney