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HomeMy WebLinkAbout2004-34 Reducing BPA SurchargeRESOLUTION NO. 2004- ~ A RESOLUTION AMENDING RESOLUTION 2004-'14 REDUCING THE BPA ELECTRIC SURCHARGE PURSUANT TO ASHLAND MUNICIPAL CODE SECTION 14.16.030 THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION 1. The electric rate schedules remain unchanged for electric serviice provided by the City of Ashland effective with Resolution 2004-14. SECTION 2. The City of Ashland adopts an 18.45% surcharge (decreased from 20.8%) on billings for electric usage in addition to charges specified in Section 1 to help pay for wholesale rate increases on power supplied to the City of Ashland by the Bonneville Power Administration effective with Cycle seven billings prepared on or after November 1,2004. The new surcharge rate is $0.007105/kWh. SECTION 3. The surcharge revenue is not subject to the Electric Utility Tax or included in the franchise fee calculation for General Fund Revenues. SECTION 4. Copies of this resolution shall be maintained in the Office of the City Recorder. SECTION 5. Classification of the fee. The fees specified in Section 1 and Section 2 of this resolution are classified as not subject to the limits of Section 1 lb of Article XI of the Oregon Constitution (Ballot Measure 5). SECTION 6. This resolution takes effect upon signing by the Mayor. This resolution was read by title only in accordance with Ashland Municipal Code y P~D this 19th day of October, 2004. Barbara Christensen, City Recorder SIGNED and APPROVED this~ day of October, 2004. Revie~~~/ed '~[o ' ¢. · 'chae ,lVV~/FCne l, Attorney f(~ City Alan W. DeBoer, Mayor 1- Resolution form - Electric BPA Surcharge 10-19-2004G:\legal\PAUL\FORMS\resolution forrr,.wpd