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HomeMy WebLinkAboutResolution No. 04-C910 0 1 RESOLUTION NO. 04-C91 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY 3 OF AZUSA ESTABLISHING THE TRANSMISSION 4 REVENUE BALANCING ACCOUNT ADJUSTMENT IN ACCORDANCE WITH AZUSA'S TRANSMISSION OWNER 5 TARIFF AND PROVIDING FOR TARIFF SHEET CHANGES TO IMPLEMENT THE ADJUSTMENT 6 7 8 WHEREAS, the City of Azusa is a Participating 9 Transmission Owner ("PTO") with the California Independent 10 System Operator ("ISO") and the Federal Energy Regulatory 11 Commission ("FERC") has approved its Transmission Owner Tariff 12 ("TO Tariff"); and 13 WHEREAS, the City of Azusa TO Tariff provides for 14 periodic recalculation of the Transmission Revenue Balancing 15 Account Adjustment ("TRBAA") which is a ratemaking mechanism 16 i designed to ensure that all Transmission Revenue Credits are 17 flowed through to transmission customers; and 18 WHEREAS, on September 23, 2002, the City Council of 19 the City of Azusa adopted Resolution No. 02-C101 establishing 20 the TRBAA for calendar year 2003 and the City made its TRBAA 21 filing on October 18, 2002 in FERC Docket No. EL03-14; and 22 WHEREAS, the FERC issued its decision on December 23, 23 2002 as clarified on February 6, 2003, accepting the City's 24 filing, subject to refund, effective January 1, 2003 and 25 referencing that all PTOs, including the City, will make another 26 TRBAA recalculation effective January 1, 2004, in accordance 27 28 -1- 1 2 3 4 s 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 0 10 with the terms of the ISO Tariff as amended as a result of FERC's acceptance of ISO Amendment No. 45; and WHEREAS, on November 24, 2003, the City Council of the City of Azusa adopted Resolution No. 03-C99 establishing the TRBAA for calendar year 2004 and the City made its TRBAA filing on December 12, 2003 as revised on February 20, 2004 in FERC Docket No. EL04-35; and WHEREAS, the FERC accepted City's calendar year 2004 TRBAA filing on April 19, 2004; 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, 2004 and the preparation of the calculations to determine the TRBAA; and WHEREAS, the staff has performed the preparatory calculations for the period of October 1, 2003 through September 30, 2004. 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. 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. -2- 0 0 1 SECTION 3: The City Clerk of the City of Azusa shall 2 certify to the passage of this resolution, and thereupon and 3 thereafter the same shall be in full force and effect. 4 s PASS D PPROVED, AN OPTED this 22th day of November, 2004 6 7 8 CRISTINA CRUZ MADRID, Mayor 9 10 11 12 ATTEST: 13 14 15 VERA MENDOZA, City Clerk 16 17 18 19 20 APPROVED AS TO FORM: 21 22 23 By: 1 24 Best Best & Krieger LLP 25 City Attorney 26 27 28 0 0 1 I HEREBY CERTIFY that the foregoing Resolution No. 04-C91 2 was duly adopted by the City Council of the City of Azusa, at a 3 regular meeting thereof, held on 22th day of November, 2004 by 411the following vote of the Board 5 6 7 AYES: COUNCILMEMBERS: HARDISON, STANFORD, CHAGNON, ROCHA, MADRID 8 NOES: COUNCILMEMBERS: NONE 9 ABSENT: COUNCILMEMBERS: NONE 10 11 12 13 14 Vera Mendoza, City Cler 15 16 17 18 19 20 21 22 23 24 25 26 27 28