HomeMy WebLinkAboutResolutions - No. 2006-18RESOLUTION NO. 2006-18
A RESOLUTION OF THE LODI CITY COUNCIL
IMPLEMENTING AND ADJUSTING THE MARKET
COST ADJUSTMENT LEVEL FOR ELECTRIC
RATES FOR CUSTOMERS RECEIVING
MEDICAL RIDER DISCOUNTS
WHEREAS, the Council of the City of Lodi finds as follows:
1. The City of Lodi provides electricity to its citizens through the Lodi Electric Utility
Department;
2. The City charges customers of this utility a charge to fund the on-going operation
and maintenance of the electric supply; and
3. The Loth Municipal Code authorizes the City Council to impose by resolution a
Market Cost Adjustment to address cost spikes in the wholesale electric market
(Lodi Municipal Code Section 13.20.175).
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lodi as follows:
Section 1. Recitals. The foregoing recitals are true and correct.
Section 2.
Levv of Charges. Pursuant to Section 13.20.175 of the Lodi Municipal Code,
the Market Cost Adjustment Level for electric rates for customers receiving
Medical Rider Discounts are hereby implemented in the amounts shown as
follows:
MCA Table for Medical Rider Customers
Tier Kwhr as 1 Cents per Kwbr Kwbr as Cents per Kwbr
implemented as implemented proposed as proposed
(EA)
1 0-50 2.6 0-400 0.85
2 51-300 2.9 401-508 1.0
3 301-400 4.1 509-600 2.5
4 401-508 4.9 601-781 5.5
5 509-600 4.9 782-900 9.0
6 601-781 6.5 901-1,171 10.0
7 782-900 13,2 >1,171 10.0
8 901-1,171 1 17.6
9 >1,17.1
Section 3, The City Council hereby:
a) Adopts the Market Cost Adjustment level, which would effectuate a 25% discount
from the standard residential rate; and
b) Authorizes the Finance Director to adjust any bills for December 2005 and January
2006 issued to customers receiving the Medical Rider discount to reflect the
decisions adopted by Council.
Section 4, Effective Date. This resolution shall take effect immediately.
Dated: January 18, 2006
I hereby certify that Resolution No, 2006-18 was passed and adopted by the City Council of
the City of Lodi in a regular meeting held January 18, 2006, by the following vote:
AYES: COUNCIL MEMBERS — Beckman, Hansen, Johnson, Mounce, and
Mayor Hitchcock
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
City Clerk
2006-18