69R-075RESOLUTION NO. 69R- 75
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ANAHEIM AUTHORIZING THE EXECUTION
OF AN AMENDMENT TO THE AGREEMENT WITH
R. W. BECK AND ASSOCIATES ENTERED INTO
ON FEBRUARY 13, 1968, FOR FURNISHING A
POWER SUPPLY STUDY.
WHEREAS, the City of Anaheim and R. W. Beck and
Associates have heretofore, on the 13th day of February
1968, entered into an agreement whereby R. W. Beck and
Associates was to perform a power supply study for the City;
and
WHEREAS, R. W. Beck and Associates has been engaged
in performing said study; and
WHEREAS, said study indicates that the scope of the
work for the City should be extended; and
WHEREAS, the parties desire to amend said agreement
entered into on February 13, 1968 to provide for the extension
of the scope of said work.
NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Anaheim that the agreement heretofore entered
into by and between the parties on February 13, 1968 be
amended by inserting a new section at Page 7, Line 15, reading
as follows:
"6. Financial Forecast.
ENGINEER shall prepare a ten -year financial
forecast study of future electric system financial
operations. Such studies to reflect the recommended
power supply program, as developed in the power
supply studies, and the acquisition or non acquisition
of the remaining Southern California Edison distribu-
tion facilities in Anaheim. Such analysis to reflect
the amount of revenue bonds required to be issued and
the schedule of repayment. The studies will include
the following:
Historical Revenues
Historical Expenses
Ten -Year Forecast of Gross Revenues
Ten -Year Forecast of Operating Expenses
Power Costs
Transmission
Customers' Accounting and Collecting
Administrative and General
Net Operating Revenues
Interest and Principal Requirements on Long -Term Debt
Revenue Requirements for Major System Improvements
Balance Available for Other Purposes (Surplus)
The above studies will determine the ability of the
City to meet all costs associated with providing service
to its customers, adequacy of its rates, and the amount
of surplus revenues, if any, which might accrue from
such operations over a ten -year period."
BE IT FURTHER RESOLVED that said agreement be
further amended by deleting at Page 8, Lines 24 and 25
the words and numbers "Sixty -six Thousand Dollars
($66,000.00)" and inserting in place thereof the words
and numbers "Seventy -nine Thousand Three Hundred Dollars
($79,300.00)
BE IT FURTHER RESOLVED that the Mayor and City
Clerk be, and they are hereby authorized to execute such
amendment to said agreement for and on behalf of the
City of Anaheim.
THE FOREGOING RESOLUTION is approved and signed by
me this 4th day of February, 1969.
ATTEST:
CI CLERK OF THE CITY 0 AHEIM
STATE OF CALIFORNIA
COUNTY OF ORANGE ss
CITY. OF ANAHEIM
AO
MAYOR 0 THE CITY. OF
EIM
I, DENE M. WILLIAMS, CITY CLERK
OF THE CITY OF AN
DO HEREBY CERTIFY THAT THE FOREGOING IS THE
AL OF RESOLUTION NO -75 DULY. PAS
AD TED BY THE ANAHEEIM;;ITY COUNCIL ON22 44-69
7C/ J
CITY CLERK
I, DENE M. WILLIAMS, City Clerk of the City of Anaheim,
do hereby certify that the foregoing resolution was passed and
adopted at a regular meeting of the City Council held on the
4th day of February, 1969, by the following vote of the members
thereof:
AYES: COUNCILMEN: Dutton, Krein, Schutte, Clark and Pebley
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN: None
AND I FURTHER CERTIFY that the Mayor of the City of
Anaheim approved and signed said resolution on the 4th day of
February, 1969.
IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the seal of the City of Anaheim this 4th day of February,
1969.
Y CLE OF TH CITY IF ANAH IM