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90-349 RESOLUTION NO. 9OR- 349 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AMENDING RATES, RULES AND REGULATIONS FOR THE SALE AND DISTRIBUTION OF ELECTRIC ENERGY AS ADOPTED BY RESOLUTION NO. 71R-478 AND MOST RECENTLY AMENDED BY RESOLUTION NO. 90R-271. WHEREAS, the City of Anaheim maintains an electric generation and distribution system for the furnishing of electricity to residents and inhabitants of the City of Anaheim and has adopted Electric Rates, Rules and Regulations for the sale and distribution of electric energy; and W~EHEAS, the Public Utilities Board held a public hearing on August 30, 1990 and evidence was presented in connection with the proposed revisions of Electric Rates, Rules and Regulations; and WHEREAS, The Public Utilities Board considered the California Environmental Quality Act and made the following findings: 1. The largest single item of total costs, considering the period of July 1, 1990 through June 30, 1991, is power supply at an estimated cost of $151,728,000, excluding cost of surplus power. 2. Other operating expenses and capital expenditures are estimated to cost $72,296,000. 3. Debt service requirements and an increase in reserve amounts estimated to cost $25,273,000 are required to meet financial reserves and requirements. 4. The transfer to the General Fund in an amount estimated to be $7,868,000 is authorized by the City Charter and constitutes an Intra-City transfer. 5. The decrease in working capital of $2,922,000 is required to meet the Utility's operating and capital expenses. 6. The matters covered in 1 through 5 above come within Section 21080(b)(8) of the Public Resources Code of the State of California. Thus, the establishment of these rates is exempt from the California Environmental Quality Act. WHEREAS, a Notice of Hearing was published as follows: 1. On August 20, 1990, notice of the public hearing on electric rates was published in the Anaheim Bulletin and proof thereof is on file with the Secretary of the Public Utilities Board. 2. On August 20, 1990, notice of the public hearing on electric rates was published in the Orange County Register and proof thereof is on file with the Secretary of the Public utilities Board. 3. On August 20, 1990, notice of the public hearing on electric rates was published in the Orange County Edition of the Los Angeles Times and proof thereof is on file with the Secretary of the Public Utilities Board. WHEREAS, the Public Utilities Board has considered the proposal of the Public Utilities Department and has considered the evidence presented at the public hearing; and WHEREAS, the Public Utilities Board has made the following findings with respect to the need for changes to the Electric Rates, Rules and Regulations: 1. It is appropriate to provide rate schedules that more accurately reflect cost of service by time-of-use. 2. It is appropriate to revise Rate Schedule TOU in order to reflect more accurately cost of service and encourage load shifting. 3. It is appropriate to revise Rate Schedule TES in order to encourage installation of thermal energy storage systems, which are a viable means of load shifting. WHEREAS, based on the findings hereinabove made, the Public Utilities Board of the City of Anaheim recommends to the city Council that the Council adopt the findings of the Public Utilities Eoard with respect to the matters contained herein and adopt the changes to the Electric Rates, Rules and Regulations as shown in Exhibit JMS-1. WHEREAS, the City Council has considered the evidence and concurs with the findings of the Public Utilities Board as set forth hereinabove. NOW, THEREFORE BE IT RESOLVED that the findings of the Public Utilities Board be, and they are hereby, adopted by the City Council of the City of Anaheim. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim On this ]]~b day of Se. ptemher , 1990. ATTEST: STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 90R-349 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim held on the 11th day of September, 1990, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Daly, Ehrle, Kaywood, and Pickler NOES: COUNCIL MEMBERS: Hunter ABSENT: COUNCIL MEMBERS: None AND I FURTHER certify that the Mayor of the City of Anaheim signed said Resolution No. 90R-349 on the 11th day of September, 1990. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 12th day of September, 1990. CITY CLERK OF THE CITY OF ANAHEIM (SEAL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 90R-349, duly passed and adopted by the Anaheim City Council on September 11, 1990. CITY CLERK OF THE CITY OF ANAHEIM