HomeMy WebLinkAboutReso. 1985 - 256 - Approving the letter agreement between the city of redding and pacific gas and electric company amending the agreement for sale of electricRESOLUTION NO. .�J...3'
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING THE LETTER AGREEMENT BETWEEN THE CITY OF REDDING
AND PACIFIC GAS AND ELECTRIC COMPANY AMENDING THE AGREEMENT
FOR SALE OF ELECTRIC CAPACITY AND ENERGY DATED MAY 19, 1980.
BE AND IT IS HEREBY RESOLVED by the City Council of the City
of Redding as follows:
1. The City Council of the City of Redding hereby approves
the Letter Agreement between the City of Redding and Pacific Gas
and Electric Company to reduce the loss factor specified in
Section III of the Agreement for Sale of Electric Capacity and
Energy dated May 19, 1980, from 6% to 4.5%.
2. The Mayor of the City of Redding is hereby authorized
and directed to sign all necessary documents on behalf of the
City of Redding, and the City Clerk is hereby authorized and
directed to attest to the signature of the Mayor and to impress
the official seal of the City of Redding on the aforesaid Letter
Agreement when appropriate.
3. A true copy of the Letter Agreement referred to herein
is attached hereto and made a part hereof.
I HEREBY CERTIFY that the foregoing Resolution approving the
attached Letter Agreement between the City of Redding and Pacific
Gas and Electric was introduced and read at a regular meeting of
the City Council of the City of Redding on the 2nd day of
December , 1985, and was duly adopted at said meeting by the
following vote:
AYES: COUNCIL MEMBERS: Demsher, Fulton, Gard, Pugh, & Kirkpatrick
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
ATTEST:
ETHEL A. NICHOLS, City Clerk
FORM APPROVED:
RANvALL A. HAYS, Ci y Attorney
r'
HOWARD D. KIRKPAT ICK, Mayor
City of Redding
-2-
PACIFIC 0 -.AS AWD PLECTR.IC CCDMPAW Y
1FDat `-.T E --f- 77 BEALE STREET SAN FRANCISCO, CALIFORNIA 94106 (415) 972-3044 TWX 910.372.6587
W. B. CLINCH
MANAGER
COMMERCIAL DEPARTMENT
Honorable Howard Kirkpatrick
Mayor of Redding
City Hall
Redding, CA 96001
Dear Mayor Kirkpatrick:
This is to confirm in writing our agreement to
reduce the loss factor, specified in Section III of our
Agreement for Sale of Electric Capacity and Energy dated
May 19, 1980, from 6Z to 4.5%.
Please indicate your acceptance of this change by
signing in the space provided below. This change will be
effective or, and after the date it is accepted by the Federal
R"arCfV Ra(TTT1'atnr�T %`nmmi ecyor
s.. _.. ...J ..� ._
Sincerely,
Accepted this day of 1985.
CITY OF REDDING
BY:
Its Mayor
ATTEST:
City Clerk
FORM APPROVED