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HomeMy WebLinkAboutOrdinances - No. 1584ORDINANCE NO. 1584 a AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LODI AMENDING ORDINANCE NO. 1525, BY MODIFYING THERETO CERTAIN ELECTRIC UTILITY RATES ESTABLISHED IN MUNICIPX CODE SECTION 13.20.280 FOR CLASS G-5 INDUSTRIAL CUSTOMERS ....................................................................... BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LODI AS FOLLOWS: SECTION 1. Ordinance 1525 and Section 13.20.280 of the Lodi Municipal Code are hereby amended to read as follows: WHEREAS, the California Public Utilities Commission (CPUC) has revised PG&E electric rate design and reduced large customers' rates; and WHEREAS, CPUC approved a temDoraIy 4 mills per kilowatt- hour rate reduction to PG&E customers with demands of one megawatt or more effective July 15, 1993; WHEREAS, The City's present competitive advantage with respect to PG&E would be maintained with an appropriate adjustment to CuStomerS with demands of one megawatt or more; and WHERmS, such large customers are presently combined within the Lodi Electric Rate Schedule G-5; and WHEREAS, the City supports the CPUC desire to attract and keep such major employers in the State; and WHEREAS, these large customers in Lodi have engaged in significant energy conservation efforts which have helped maintain low rates for all City electric customers; and ORD1584 /TXTA. 02 J -1- WHEFlEAS , @e anticipated decrease in @venue over an annual period resulting from this rate reduction is $269.774; and WHEFlEAS, such revenue reduction can be offset with revenue from the existing Electric Rate Stabilization Fund; and WHEREAS, an appropriate effective date for implementation of this rate discount would be September 1, 1993; and WHEREAS, review and recommendation for future disposition of the large customer discount would be made in January 1995. NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Lodi that Ordinance 1525 is hereby amended by adding thereto a rate adjustment to be known as the "Industrial Economic Stimulus Rate Credit" of 4 mills per kilowatt-hour for customers with demands of one megawatt or more (Class G-5) to become effective with billings on or after September 1, 1993 and be reviewed January 1995. SECTION 2. All ordinances and parts of ordinances in conflict herewith are repealed insofar as such conflict may exist. SECTION 3. This ordinance shall become effective upon final passage and is for the usual and current expenses of the City and is adopted pursuant to Government Code Section 36937(d). These rates shall be in effect for all bills prepared on or after September 2, 1993. SECTION 4. This ordinance shall be published one time in the "Lodi News Sentinel", a daily newspaper of general circulation printed and published in the City of Lodi. OUDlS84/TXTA.O2J -2- Attest: Approved this 1st of September, 1993 PHILLIP A. PENNINO Mayor J c&wU&.hlU IFE M. PERRIN City Clerk ....................................................................... State of California County of San Joaquin, 6s. I, Jennifer M. Perrin, City Clerk of the City of Lodi, do hereby certify that Ordinance No. 1584 was introduced at a regular meeting of the City Council of the City of Lodi held August 18, 1993 and was thereafter passed, adopted and ordered to print at a regular meeting of said Council held September 1, 1993 by the following vote: Ayes : Council Members - Davenport, Mann, Sieglock, Snider and Pennino (Mayor) Noes: Council Members - None Absent : Council Members - None Abstain : Council Members - None I further certify that Ordinance No. 1584 was approved and signed by the Mayor on the date of its passage and the same has been published pursuant to law. City Clerk Approved as to Form City Attorney -3-