HomeMy WebLinkAboutResolutions - No. 2012-51RESOLUTION NO. 2012-51
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING
THE CITY MANAGER TO ENTER INTO A LETTER OF
AGREEMENT BETWEEN THE CITY OF LODI AND HOLZ
RUBBER COMPANY FOR THE SALE OF DESIGNATED
MUNICIPAL ELECTRIC DISTRIBUTION FACILITIES
WHEREAS, Holz Rubber Company has five utility accounts, one of which is assigned to
the G3 -Primary rate, one account to G2 rate tariff, and three accounts to G I rate; and
WHEREAS, Holz Rubber Company is desirous of consolidating the five utility accounts
into one G4 -Primary account, and purchase existing Electric Utility Department overhead
electric distribution equipment, which includes six transformers and associated metering
equipment; and
WHEREAS, Holz Rubber Company will pay the City of Lodi Electric Utility Department
$54,677.59 to achieve this meter aggregation project and will be responsible for all future
maintenance and replacement of the transferred equipment and its inherent electrical losses;
and
WHEREAS, the proposed arrangement conforms to past practice and City Council -
approved Electric Rules and Regulations.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to enter into a Letter of Agreement between the City of Lodi and
Holz Rubber Company for the sale of designated municipal electric distribution facilities in the
amount of $54,677.59. This figure includes the purchase of six transformers, electric utility
distribution equipment and labor costs associated with the installation of said equipment, and
upgrading the existing system to accommodatethe customer's need.
Dated: May 2, 2012
I hereby certify that Resolution No. 2012-51 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held May 2, 2012, by the following Vote:
AYES: COUNCIL MEMBERS —Hansen, Johnson, Katzakian, and
Mayor Mounce
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Nakanishi
ABSTAI N: COUNCIL MEMBERS — None
Z
RA L
City Clerk
2012-51