HomeMy WebLinkAboutResolution No. UB- 08-C0230
RESOLUTION NO. NO -08-C23
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA,
CALIFORNIA, AMENDING THE FISCAL YEAR 2007-2008 OPERATING
BUDGET FOR THE ELECTRIC UTILITY TO PAY FOR COST OF
PARTICIPATION IN LODI #2 PROJECT
WHEREAS, the adopted Fiscal Year 2007-2008 Operating Budget for the Electric
Utility as amended, included $33.56 million to pay for purchased power cost; and
WHEREAS, the City Council approved city's participation in Phase 2A planning and
development activities of Lodi #2 Project, a combined cycled natural gas fired electric
generating facility being developed by Northern California Power Agency ("NCPA") on
November 26, 2007; and
WHEREAS, the Lodi #2 Project planning and development agreement has been executed
by all project participants; and
WHEREAS, Azusa Municipal Code Section 2-450 requires that all budget amendments
between $100,000 and $1 million be approved by resolution; and
WHEREAS, the estimated costs to the city under the planning and development
agreement is $450,000.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AZUSA, DOES HEREBY
RESOLVE AS FOLLOWS:
SECTION 1. That the Electric Utility Fiscal Year 2007-2008 Operating Budget is
hereby amended in the amount of $450,000 to pay for the planning and
development costs of Lodi #2 Project, budget expense account number
33-40-775-550-6590.
SECTION 4. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED THIS 24th day of March, 2008.
/"%
Joseph R. Rocha, Mayor
AT ST:
Vera Mendoza, City Clerk'
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF AZUSA )
I HEREBY CERTIFY that the foregoing Resolution No. 08-C23, was duly adopted by the
Utility Board/City Council of the City of Azusa at a regular meeting of the Azusa Light & Water
Utility Board on the 24th day of March, 2008.
AYES: COUNCILMEMBERS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
Vera Mendoza, City Clerk v