HomeMy WebLinkAboutResolution No. 03-C099RESOLUTION NO. 03-C99
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
AZUSA ESTABLISHING THE TRANSMISSION REVENUE
BALANCING ACCOUNT ADJUSTMENT IN ACCORDANCE
WITH AZUSA'S TRANSMISSION OWNER TARIFF AND
PROVIDING FOR TARIFF SHEET CHANGES TO IMPLEMENT
THE ADJUSTMENT
WHEREAS, the City of Azusa is a Participating Transmission Owner
("PTO") with the California Independent System Operator ("ISO") and the Federal
Energy Regulatory Commission ("FERC") has approved its Transmission Owner Tariff
("TO Tariff'); and
WHEREAS, the City of Azusa TO Tariff provides for periodic recalculation
of the Transmission Revenue Balancing Account Adjustment ("TRBAA") which is a
ratemaking mechanism designed to ensure that all Transmission Revenue Credits are
flowed through to transmission customers; and
WHEREAS, on September 23, 2002, the City Council of the City of Azusa
adopted Resolution No. 02-C 101 establishing the TRBAA and the City made its TRBAA
filing on October 18, 2002 in FERC Docket No. EL03-14; and
WHEREAS, the FERC issued its decision on December 23, 2002 as
clarified on February 6, 2003, accepting the City's filing, subject to refund, effective
January 1, 2003 and referencing that all PTOs, including the City, will make another
TRBAA recalculation effective January 1, 2004, in accordance with the terms of the
ISO Tariff as amended as a result of FERC's acceptance of ISO Amendment No. 45;
and
WHEREAS, the TRBAA filing will need to be made with the FERC by early
December upon the receipt of ISO settlement statement information through
September 30, 2003 and the preparation of the calculations to determine the TRBAA;
and
WHEREAS, the staff has performed the preparatory calculations for the
period of January 1, 2003 through September 23, 2003.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY of AZUSA AS FOLLOWS:
SECTION 1: The City Council of the City of Azusa hereby finds and
determines that the recitals contained hereinabove are true and correct.
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SECTION 2: The City Council of the City of Azusa hereby authorizes the
staff to file the required TRBAA filing with the FERC upon the completion of all
necessary verification and validation of the ISO settlement statement data consistent
with the requirements as specified in the ISO Tariff and TO Tariff.
SECTION 3: The City Clerk of the City of Azusa shall certify to the passage of
this resolution, and thereupon and thereafter the same shall be in full force and effect.
ADOPTED this day 24th day of November, 2003.
r'
r XCRISTINA CRUZ MADRID, Mayor
1 HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City
Council of the City of Azusa at a regular meeting thereof, held on the 24" day of
November, 2003 by the following vote of the Council:
AYES: COUNCILMEMBERS: HARDISON, STANFORD, CHAGNON, ROCHA, MADRID
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
CANDACE TOSCANO, Deputy City Clerk