HomeMy WebLinkAboutReso 2008-191 - Electric Utility Rates
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RESOLUTION NO. 2008 - 191
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
REDDING ESTABLISHING THE ELECTRIC UTILITY RATES
FOR SERVICE TO CUSTOMERS WITHIN THE CORPORATE
LIMITS OF THE CITY OF REDDING EFFECTIVE DECEMBER 31,
2008, AND DECEMBER 1, 2009.
WHEREAS:
A. Section 14.22.170 of the Redding Municipal Code provides that the City Council shall establish
Electric Utility rates by Resolution; and
B. For the reasons set out in the attached Report to Council, it has been reconunended that the City
Council adopt new, increased Electric Utility rates incorporated herein by reference; and
C. The City Council has carefully considered this reconunendation; reviewed the existing Electric
Utility rate structures; studied the tariffs required to cover the adjustments for 2009 and 20 I 0; and deems it to
be in the best interests of the City of Redding to establish the new, revised, and adjusted electric rates as
proposed.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as follows:
1. Pursuant to Section 14.22.170 of the Redding Municipal Code, the City Council hereby approves a
7.84 percent rate increase effective for usage beginning on the first day of the first electric billing cycle of
January 2009, and a subsequent 7.84 percent rate increase effective for usage beginning on the first day of the
first electric billing cycle of December 2009, and directs staff to appropriately amend the Electric Utility rate
tariffs.
2. That the purposes for the imposition of the increases and other changes are as follows: (1) to meet
operating expenses, including wage rates and benefits, and to fund state-mandated programs; (2) to meet financial
reserve needs and requirements; (3) to obtain funds for capital projects necessary to maintain service reliability;
(4) to meet the costs of purchased power; and (5) to obtain funds necessary to maintain such intra-City transfers
as are authorized by law.
3. That the City Clerk and the Finance Officer of the City of Redding be hereby directed to maintain
available certified copies of this Resolution in their respective offices for inspection and review by any interested
person or persons.
I HEREBY CERTIFY that the foregoing Resolution was introduced and read at the regular meeting
of the City Council of Redding on the 16th day of December, 2008, and was duly adopted at said meeting by
the following vote:
AYES: COUNCIL MEMBERS: Dickerson, Jones, McArthur, Stegall, and Bosetti
NOES: COUNCIL MEMBERS: None
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ABSENT: COUNCU" MEMBERS: None
ABSTAIN,,,,: COl:lNClL MEMBERS: None
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RICK BOSETTI, Mayor
Attest: :--..
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Approved to Form:
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RICHARD A. DUVERNAY, C Attorney
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