HomeMy WebLinkAboutResolutions - No. 99-177RESOLUTION NO. 99-177
A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE
TRANSFER OF FUNDS TO THE NORTHERN CALIFORNIA
POWER AGENCY (NCPA) GEOTHERMAL BOND ESCROW
ACCOUNT
BE IT RESOLVED, that the Lodi City Council does hereby approve the transfer of
funds not to exceed $2,300,000 to the Northern California Power Agency Geothermal
Bond Escrow Account; and
BE IT FURTHER RESOLVED, that funds be appropriated as follows:
City of Lodi — NCPA General Operating Reserve $1,000,000
Electric Utility Rate Stabilization Reserve 162 $1,300,000
Dated: November 3, 1999 -
I hereby certify that Resolution No. 99-177 was passed and adopted by the Lodi
City Council in a regular meeting held November 3, 1999 by the following vote:
AYES: COUNCIL MEMBERS — Hitchcock, Mann, Nakanishi and Land (Mayor)
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — Pennino
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