HomeMy WebLinkAboutResolutions - No. 2017-07RESOLUTION NO. 2017-07
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING
THE CITY MANAGER TO EXECUTE A REIMBURSEMENT
AGREEMENT WITH LODI IRON WORKS FOR A UTILITY
SERVICE PROJECT
WHEREAS, as part of a utility service request from Lodi Iron Works, Lodi Electric Utility
(EU) purchased and installed various utility improvements for a new building at 820 South
Sacramento Street; and
WHEREAS, upon receipt of the estimated cost of the work from the City, Lodi Iron
Works paid $10,000 prior to the start of the work and then agreed to reimburse the balance of
$33,284.66 to the City by the end of the current year; and
WHEREAS, the work has been completed and the actual repayment amount will be
based on the total final cost as provided by EU to Lodi Iron Works; and
WHEREAS, actual final costs will be trued up in accordance with EU rules and
regulations; and
WHEREAS, all costs will be reimbursed by Lodi Iron Works.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to execute a Reimbursement Agreement with Lodi Iron Works for a
Utility Service Project in the amount of $33,284.66, for which the final amount will be
determined based on final actual project costs.
Dated: February 1, 2017
I hereby certify that Resolution No. 2017-07 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held February 1, 2017, by the following vote:
AYES: COUNCIL MEMBERS — Chandler, Johnson, Mounce, and Mayor Kuehne
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Nakanishi
ABSTAIN: COUNCIL MEMBERS — None
5i�N
N I E M. FERRAIOL�
ty Clerk
2017-07