HomeMy WebLinkAboutResolutions - No. 2020-90RESOLUTION NO. 2020-90
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING
THE CITY MANAGER TO EXECUTE THE PARTICIPATING ELECTRIC
DISTRIBUTION UTILITY JOINDER TO THE CLEAN FUEL REWARD
PROGRAM GOVERNANCE AGREEMENT
WHEREAS, the Clean Fuel Reward (CFR) Program is a statewide point-of-purchase rebate
program for new electric vehicle (EV) purchases, required by the Low Carbon Fuel Standard (LCFS)
Regulation; and
WHEREAS, the CFR rebate will be available at any participating car dealership within the
state and is funded entirely by a percentage of utilities' LCFS credits resulting from residential EV
charging; and
WHEREAS, Electric Distribution Utilities (EDUs) participating in the LCFS Program are
required to enter into the CFR Program Governance Agreement and comply with the regulatory
requirements regarding the CFR Program as required by the California Air Resources Board
(CARB); and
WHEREAS, the CFR Program Governance Agreement establishes and defines the oversight
and administrative structure for the CFR Program, the Steering and Advisory Committees, the
solicitation process for selecting program implementers, cost sharing and transfer schedules for
program costs, and various risk mitigation measures; and
WHEREAS, on January 7, 2020, the California Public Utilities Commission (CPUC) formally
approved a final version of the CFR Program Governance Agreement and Lodi Electric Utility (LEU)
is required to join the CFR Program Governance Agreement via the Participating EDU Joinder; and
WHEREAS, LEU is required to annually transfer two percent of residential LCFS credit
proceeds, estimated at $1,800, beginning in 2023; and
WHEREAS, participating utilities are required to transfer a percentage share of $50 million
for the initial start-up costs of the CFR Program's starting balance with LEU's initial contribution
totaling $14,574, to be transferred by January 2023; and
WHEREAS, the Risk Oversight Committee received a report on the CFR Program
Governance Agreement and Participating EDU Joinder at its April 21, 2020 meeting.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize
the City Manager to execute the Electric Distribution Utility Joinder to the Clean Fuel Reward
Program Governance Agreement.
Dated: May 6, 2020
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I hereby certify that Resolution No. 2020-90 was passed and adopted by the City Council of
the City of Lodi in a regular meeting held May 6, 2020, by the following vote:
AYES: COUNCIL MEMBERS — Chandler, Mounce, Nakanishi, and Mayor Kuehne
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
PAMELA M. FARRIS
Assistant City Clerk
2020-90