HomeMy WebLinkAboutResolution No. 2023-C06RESOLUTION NO. 2023-006
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF AZUSA, CALIFORNIA, AMENDING THE
FISCAL YEAR 2022-2023 ELECTRIC UTILITY
OPERATING BUDGET FOR THE PURCHASE OF
WHOLESALE POWER.
WHEREAS, the western natural gas markets have experienced a sharp increase from
limited storage levels, increased heating demand, constrained flows into California; and
and
WHEREAS, the cost of wholesale power has followed the sharp natural gas market increases;
WHEREAS, the cost of power purchases impacts the current utility operating budget; and
WHEREAS, on the 20th day of June, 2022, City Council of the City of Azusa adopted the
Fiscal Year 2022-2023 Operating Budget for Azusa Light & Water, which did not provide for
payment of the unprecedented volatile market impacted wholesale power purchases; and
WHEREAS, Azusa Municipal Code Section 2-450 requires that during the fiscal year after
adoption of the budget, amendments exceeding $1,000,000.00 may be approved by the city council
following a public hearing held by the city council on the proposed and shall be formalized by the
adoption of a resolution; and
WHEREAS, a public hearing for this matter was conducted at a joint meeting of the Azusa
City Council/Utility Board on the 23rd day of January, 2023; and
WHEREAS, an amendment in the amount of $11,500,000 to the Electric Utility Operating
expense budget will be adequate to make payment for wholesale power; and
NOW, THEREFORE, BE IT RESOLVED that the city council/utility board of the city of
Azusa, does hereby resolve as follows:
SECTION 1. That the Electric Utility Fiscal Year 2022-2023 Operating Budget is hereby
amended in the amount of $10,550,000 in the expense account number 33-
40-775-550-6590 and the GHG Program Expense Operating Budget is
hereby amended in the amount of $950,000 in expense account number 23-
40-770-556-6625 for a total budget amendment of $11,500,000.
SECTION 2. That the GHG Program Revenue Fiscal Year 2022-2023 Operating Budget
is hereby amended in the amount of $950,000 in revenue account number
23-40-770-555-4450
SECTION 3. That blanket purchase order 4037096 (California Independent System
Operator is hereby increased by $10,550,000
SECTION 4. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 231d day of January, 2023.
Robert-GopAles '
Mayor
ATTEST:
f ence Co Jo,
City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF AZUSA )
I HEREBY CERTIFY that the foregoing Resolution No. 2023-006 was duly adopted by
the City Council of the City of Azusa at a Special Meeting of the City Council the 23rd day of
January, 2023, by the following vote of Council:
AYES: COUNCILMEMBERS: GONZALES, BECKWITH, ALVAREZ, AVILA, MENDEZ
NOES: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
ABS COUNCILMEMBERS: NONE
Je e a ce Cornejo r.
City Clerk
APPROVED AS TO FORM:
Best Aest & Kriegek LLP
City Attorney