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HomeMy WebLinkAboutResolution No. 10-C07RESOLUTION NO. 10-C7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA, CALIFORNIA, AMENDING THE FISCAL YEAR 2009-2010 OPERATING BUDGET FOR THE ELECTRIC UTILITY TO FUND A PAYMENT TO SOUTHERN CALIFORNIA EDISON FOR METERING SERVICES PROVIDED AT ELECTRIC SUBSTATIONS. WHEREAS, the City of Azusa owns and operates an electric utility that provides electricity to over 15,000 customers; and WHEREAS, the City of Azusa was required to install meters at its substations to communicate load data to the California Independent System Operator (CAISO); and WHEREAS, it was determined that the most cost effective means to install substation meters was through an existing agreement with the wholesale distribution service provider - Southern California Edison (SCE); and WHEREAS, SCE initially financed and installed said meters at Azusa Light & Water's two substations and has continued to service those meters at a monthly fee; and WHEREAS, the installation cost and monthly service fees were recently reconciled by SCE and it was recently determined that the City of Azusa would owe SCE $172,844.72; and WHEREAS, the amount owed to SCE for substation metering was not yet included in the FY 2009-2010 Operating budget, until the reconciled amount was determined WHEREAS, Azusa Municipal Code Section 2-450 requires that all budget amendments between $100,000 and $1 million be approved by resolution; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AZUSA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That the City Council finds it necessary to pay SCE $172,844.72 for substation metering equipment installation and related services. SECTION 2. That the Electric Utility's Fiscal Year 2009-2010 Operating Budget account number 33-40-733-620-7140 is hereby amended in the amount of $172,844.72 for purpose of paying Southern California Edison for substation metering services. SECTION 3. The City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED AND ADOPTED THIS 25th day of January, 2010. oseph R. Rocha, Mayor ATTEST: Vera Mendoza, City Clerk STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA ) I HEREBY CERTIFY that the foregoing Resolution No. 10-C7 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 25th day of January, 2010, by the following vote of the Board: AYES: COUNCILMEMBERS: GONZALES, CARRILLO, ROCHA NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: HANKS, MACIAS 6 Vera Mendoza, City Clerk