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64-656Pub. Utilities D~ Pinance RESOLUTION NO. 64R-656 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM APPROVING AND AUTHORIZING THE EXE- CUTION OF A CONTRACT WITH SOUTHERN CALIFORNIA EDISON COMPANY FOR REDUCTION IN ELECTRIC RATES AND FOR SETTLEMENT OF CLAIMS. WHEREAS, the City of Anaheim and Southern California Edison Company entered into a contract for electric service, dated July 23, 1963, for a period of 10 years under Rate Schedule No. R-2; and I.~EREAS, said Edison Company has filed said contract for electric service with the Federal Power Commission and the same has been accepted for filing and became effective pursuant to the Rules and Regulations of said Commission on June 11, 1964, and is designated as Rate Schedule FPC No. 15; and WHEREAS, the Federal Power Commission, in accepting said rates for filing, did not designate the rate schedule as either an initial rate or a change in rates because of ques- tions associated with possible claims by the City either as to the lawfullness of said rate schedule under the Federal Power Act or as to any asserted obligation of Southern California Edison Company to have filed rate schedules with said Commis- sion theretofore; and I~EREAS, said Edison Company made effective on July 1, 1964, certain reductions in retail rates totaling approximately $6.9 million in which the City did not participate, and there is a difference of opinion between said Edison Company and the City as to whether any further reduction in resale rates is warranted at this time; and WHEREAS, it is the policy of said Edison Company to give the City full and impartial consideration in connection with any rate reductions warranted by reductions in income taxes or any other major cost factor, and the Edison Company does not consider the existence of a long-term contract with the City as a valid reason for denying it the benefits of reductions in rates which are otherwise justified; and WHEREAS, it is in the best interest of the City to execute a contract for reduction in electric rates and for settlement of claims with Southern California Edison Company. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the Mayor and City Clerk be, and they are hereby authorized and directed to execute a contract for reduction in electric rates and for settlement of claims with Southern California Edison Company. BE IT FURTHER RESOLVED that the form of contract submitted to the City Attorney's Office by Southern California Edison Company in its letter dated August 27, 1964, entitled "Contract for Reduction in Electric Rates and for Settlement of Claims," be, and the same is hereby approved as to form. -1- THE FOREGOING RESOLUTION is approved and signed by me this 8th day of September, 1964. ATTEST: MAYORf.OF THE CITY OF PROfTEM 'CITY 'cLERK OF' T~E' cITy 'OF ANAHEIM STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF ANAHEIM ) SS. I, DENE M. WILLIAMS, CITY CLERK of the City of Ana- heim, do hereby certify that the foregoing resolution was introduced andadopted at a regular meeting provided by law of the City Council of the City of Anaheim, held on the 8th day of September, 1964, by the following vote: AYES: COUNCILMEN: Pebley, Schutte, Krein and Dutton NOES: COUNCILMEN: None ABSENT: COUNCILMEN: Chandler Pro Yem AND I FURTHER CERTIFY that the Mayor/of the City of Anaheim approved and signed said resolution on the 8th day of September, 1964. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 8th day of September, 1964. (SEAL) CIT'Y cLERK 'OF THE CITY OF ANAHEIM "' -2-