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HomeMy WebLinkAboutResolutions - No. 2014-07RESOLUTION NO. 2014-07 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT FOR ELECTRIC UTILITY RATE STUDY SERVICES AND APPROPRIATE FUNDS ------------------------------------------------------------------------ ------------------------------------------------------------------------ WHEREAS, on October 31, 2013, the Electric Utility (EU) issued a Request for Proposals (RFP) for utility rate study services including development of a ten-year financial planning model and completion of a cost of service analysis, including retail rate design; and WHEREAS, it has become necessary to review and ensure that revenues of the EU are sufficient to meet current and future debt service coverage and reserve requirements and that system revenues are at adequate levels to ensure the operation, maintenance, and capital improvement of a safe and reliable distribution system; and WHEREAS, it has become necessary to review the financial impact of ever increasing unfunded State mandates with respect to Renewables Portfolio Standards (RPS) and demand side management programs, including customer installed solar; and WHEREAS, the proposed scope of work includes a two-phase approach with Phase I resulting in a ten-year financial model to be completed by April 2014 and Phase II including a cost of service analysis and retail rate design, to be completed by July 2014; and WHEREAS, EES Consulting was one of seven firms responding to the RFP and the most qualified candidate selected after interviewing four of the highest ranked respondents. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute an agreement with EES Consulting of Kirkland, Washington, for EU rate study services; and BE IT FURTHER RESOLVED that funds in the amount of $78,560 be appropriated for this Agreement from the Electric Utility Operating Fund (160.3205). Dated: January 15, 2014 ------------------------------------------------------------------------ ------------------------------------------------------------------------ I hereby certify that Resolution No. 2014-07 was passed and adopted by the City Council of the City of Lodi in a regular meeting held January 15, 2014, by the following vote: AYES: COUNCIL MEMBERS — Hansen, Johnson, Mounce, Nakanishi, and Mayor Katzakian NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None A�IL-OLSON City Clerk 2014-07