HomeMy WebLinkAboutReso. 1976-182 - Declaring intention to acquire necessary PG&E facilities to distribute electric power to the annexed Cascade area from City systemRESOLUTION NO. 7�,
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
DECLARING ITS INTENTION TO ACQUIRE NECESSARY P.G. & E.
FACILITIES TO DISTRIBUTE ELECTRIC POWER TO THE ANNEXED
CASCADE AREA FROM THE CITY SYSTEM
WHEREAS, Pacific Gas and Electric Company desires a resolution of
assurance from the City Council in relation to the acquisition of their
Cascade area electric distribution facilities, as a condition to the prepara-
tion and completion of the Company's inventory appraisal and severance damage
analysis for facilities in that area, and
WHEREAS, the City Council has been assured by the Assistant City
Manager and Finance Director of the City that there are sufficient funds
in the Unappropriated Surplus Account of the City to pay for the purchase
of such distribution facilities, predicated upon the preliminary value
determination made by the Director of the City's Electric Department,
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Redding that it is the intention of this Council to acquire those distri-
bution facilities of Pacific Gas and Electric Company determined to be necessary
by the City's Electric Department in order to provide City service to all
customers located within the territorial boundaries of the newly annexed
area comprising the former Cascade Community Services District.
BE IT FURTHER RESOLVED that such acquisition shall be by negotiated
purchase from the Company if there is agreement between the parties on valuation;
otherwise, by appropriate eminent domain proceedings.
BE IT FURTHER RESOLVED that the City Council does hereby give
assurance to the Company that the City possesses the necessary fiscal means
to accomplish this acquisition without need for a bond election, and that it
is the intention of the Council to retain this ability until the acquisition
has been accomplished.
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
20th day of December 1976, and was duly adopted at said meeting by
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the following vote:
AYES: COUNCILMEN: Anderson, Demsher, Gard, Pugh, and Fulton
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN: None
ST:
VM4IRED L. BRAY ON, City 61
erk
FORM APPROVED:
EARL D. MURPHY, City Attorney
LEE D. FULTON, M.D.
Mayor of the City of Redding
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