HomeMy WebLinkAboutReso. 1988-189 - Authorizing the appropriation of additional funding under its agreement no. 1-01-20-x0168 fI
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RESOLUTION NO. P F-/ i ?
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING THE APPROPRIATION OF ADDITIONAL FUNDING UNDER
ITS AGREEMENT NO. 1-07-20-X0168 WITH THE UNITED STATES
BUREAU OF RECLAMATION.
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WHEREAS, on January 19 , 1981 , City Council approved
Agreement No. 1-07-20-X0168 with the U.S . Bureau of Reclamation
(USBR) which authorized the expenditure of $90 , 000 . 00 for
reimbursing the USBR for its review of the City' s proposed
hydroelectric facilities which may impact USBR facilities; and
WHEREAS , initially, only the proposed Whiskeytown and Lake
Red Bluff Projects were included in said Agreement; and
WHEREAS, on September 24 , 1981 , the proposed Lake Redding
Project was added to said Agreement; and on November 5 , 1985 , the
proposed Spring Creek Pumped Storage Project was added to said
Agreement; and
WHEREAS , said Agreement requires that the City advance funds
before the USBR provides any review; and
WHEREAS , the proposed Spring Creek Project will impact
facilities operated by the USBR, and the USBR needs to review the
extent of the impacts and possible mitigation; and
WHEREAS, the USBR requires that the City advance funds for
such review, which is estimated to cost approximately $25 ,000 .00;
and
WHEREAS, approximately $15 , 000 .00 of the original $90 ,000 .00
appropriation remains unused, leaving a shortage for this review;
and
WHEREAS , additional USBR review will also be required for
the proposed Lake Red Bluff and Lake Redding Projects; and
WHEREAS, it has been recommended by the Electric Utility
Commission that the City Council consider replenishing the funds
available under Agreement No. 1-07-20-X0168 by approving the
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appropriation of an additional sum of $75 ,000 .00 to cover USBR
reviews , which funds are included in the 1985 Electric System
Financing and will remain with the City until the City Manager
authorizes advance payments to the USBR.
NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of
the City of Redding as follows:
1 . That all of the above recitals are true and correct.
2 . That the City Council hereby approves the appropriation
of an additional sum of $75 ,000 .00 under Agreement No.
1-07-20-X0168 to cover USBR reviews, which funds are included in
the 1985 Electric System Financing.
3 . That said funds are to remain with the City until the
City Manager authorizes advance payments to USBR as required
under said Agreement.
I HEREBY CERTIFY that the foregoing Resolution was
introduced and read at a regular meeting of the City Council of
the City of Redding on the 17th day of May , 1988 , and was
duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS: Buffum, Dahl , Fulton , & Carter
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Johannessen
ABSTAIN: COUNCIL MEMBERS : None
1 ( X7C ;ee- ' ' - :., -
I
OTT CARTER, Vice Mayor
City of Redding
ATTEST:
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ETHEL A. NICHOLS , City Clerk
FORM PPROVED:
RA DALL A. HAYS , ity Attorney
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