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HomeMy WebLinkAbout2005-39 Surcharge Reduction RESOLUTION NO. 2005-39 A RESOLUTION REVISING RATES FOR ELECTRIC SERVICE PURSUANT TO ASHLAND MUNICIPAL CODE SECTION 14.16.030 AND REPEALING RESOLUTION 2004-40. THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION 1. The City of Ashland reduces the BPA surcharge from 18.45% to 16.6% on billings for electric usage to help pay for wholesale power increases on power supplied to the City of Ashland by the Bonneville Power Administration. The surcharge rate is $.0064. SECTION 2. The surcharge revenue is not subject to the Electric Utility Tax or included in Franchise Fee calculation for General Fund Revenues. SECTION 3. Copies of this resolution shall be maintained in the Office of the City Recorder. SECTION 4. Classification of the fee. The fee specified in Section 1 of this resolution is classified as not subject to the limits of section 11 b of Article XI of the Oregon constitution (Ballet N[easure 5). SECTION 5. Resolution 2004-40 is repealed. SECTiON 6. This resolution takes effect upon signing by the Mayor. This resolution was read in accordance with Ashland Municipal code 2.04.090 and duly PASSED and A~mhd~ Barbara Christensen, City Recorder SIGNED AND APPROv'ED TillS 20th DAY OF SEPTEMBER 2005_ JLw '""'--L- Reviewed as to form: L-vv{ ~/I rtv~~ Mike Reeder, Assistant City Attorney