HomeMy WebLinkAboutResolutions - No. 98-136RESOLUTION NO. 98-136
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING
THE CITY MANAGER TO PROVIDE A PUBLIC BENEFITS
CHARGE (PBC) GRANT TO HUTCHINS STREET SQUARE AND
PERFORMING ARTS CENTER
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WHEREAS, the State has mandated that beginning January 1, 1998, the City of
Lodi is obligated to fund various programs through a Public Benefits Charge (PBC)
based on a historical electric revenue requirement; and
WHEREAS, the requirement amount to approximately $1 M per year that must be
dedicated to qualifying programs such as energy efficiency. A further stipulation is that
these efforts must be done on the customer's side of the meter in order to qualify.
WHEREAS, following the Electric Utility Department's review of Hutchins Street
Square and Performing Arts Center renovation project, it was determined that some of
the modifications and upgrades related to electric energy efficiency improvements; and
WHEREAS, the Electric Utility Department recommends that the City provide a
PBC grant of $150,000 toward the energy efficient modifications and upgrades and
include the cost of the grant as part of the City's required PBC outlay.
BE IT RESOLVED, that the Lodi City Council hereby authorizes the City
Manager to provide a Public Benefits Charge (PBC) Grant in the amount of $150,000 to
Hutchins Street Square and Performing Arts Center.
Dated: September 16, 1998
I hereby certify that Resolution No. 98-136 was passed and adopted by the Lodi
City Council in a regular meeting held September 16, 1998 by the following vote:
AYES:
Council Members — Johnson, Land, Mann, Pennino and Sieglock
(Mayor)
NOES:
Council Members — None
ABSENT:
Council Members — None
ABSTAIN:
Council Members — None
ALICE M. REIMCHE�
City Clerk
98-136