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HomeMy WebLinkAboutResolution No. UB- 11-C87RESOLUTION NO. 11-C87 A RESOLUTION OF AZUSA UTILITY BOARD REVISING AND UPDATING THE AZUSA TRANSMISSION TARIFF AND TRANSMISSION REVENUE REQUIREMENT. WHEREAS, on September 23, 2002, The Azusa Utility Board/City Council issued Resolution No.02-C101 establishing the City of Azusa, California Transmission Owner Tariff and approving Azusa's Transmission Revenue Requirement ("TRR"), both to become effective as of the later of January 1, 2003 or Azusa's execution of the Transmission Control Agreement ("TCA") with the California Independent System Operator ("ISO"); and WHEREAS, on January 1, 2003, by executing and becoming a party to the TCA and thereby turning operational control of its transmission assets and entitlements to the ISO, Azusa became an ISO Participating Transmission Owner ("PTO") under the ISO Tariff,; and WHEREAS, under the provisions of the ISO Tariff a PTO is entitled to recover all prudently incurred costs associated with ownership, administration, upkeep, and operation of its transmission facilities and entitlements, as calculated in the TRR; and WHEREAS, since the original Azusa TRR filing there have been changes in Azusa's transmission rights and entitlements which increased Azusa's transmission cost burden; and WHEREAS, in order to recover Azusa's increased transmission costs, a new Azusa TRR calculation has to be performed and filed with FERC NOW, THEREFORE, BE IT RESOLVED BY THE UTILITY BOARD/CITY COUNCIL OF THE CITY OF AZUSA AS FOLLOWS: SECTION 1: The Utility Board of the City of Azusa hereby finds and determines that the recitals contained herein above are true and correct and that there are compelling reasons to justify recalculation of Azusa's TRR. SECTION 2: The Utility Board of the City of Azusa hereby authorizes the Director of Utilities or his designee to undertake any efforts necessary to recalculate and file with the Federal Energy Regulatory Commission an updated Azusa TRR. SECTION 3: The Utility Board of the City of Azusa hereby approves the proposed changes to the Azusa Transmission Tariff and its Appendix I to, among other things, reflect changes in the ISO Tariff and to provide for automatic pass through of rate increases in Azusa's Existing Transmission Contracts with Southern California Edison. SECTION 4: The Utility Board of the City of Azusa hereby authorizes the Director of Utilities or his designee to make any such future changes to Appendix I of the Azusa Transmission Tariff for the purpose of expeditious recovery of Azusa's incurred transmission costs. 1 SECTION 5: 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. APPROVED AND ADOPTED this 28`d day of November, 2011. STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF AZUSA ) eN - JOSEPH R. ROCHA, Mayor I, Vera Mendoza, City Clerk of the City of Azusa, do hereby certify that the foregoing Resolution No. 11-C87 was duly introduced and adopted at a regular meeting of the City Council/Utility Board of the City Azusa on the 28th day of November, 2011, by the following vote, to wit: AYES: COUNCILMEMBERS: GONZALES, CARRILLO, MACIAS, HANKS, ROCHA NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE �` / 2