1996 ADJ MIN OCT 15 - Laserfiche WebLink

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Colton High School Homecoming Parade Motion/second, by CM Sanders/Cook to approve the request of Colton High School to hold their Homecoming Parade on October 25, 1996 at 5:00 p.m. Motion carried with Councilmember Hutton absent. Living Springs Festival Mayor Fulp presented a request from Living Springs Church to close the alley behind the Church in order to hold their Annual Joseph Food Festival on October 25, October 26 and October 27, 1996. Motion/second, by CM Bennett/Cook, to approve the request. Motion carried with Councilmember Hutton absent. Electric Rates and the Annual Electric Department Report In response to Councilmember Bennett's request on how the Electric Utility did over the last year, Director Clarke stated that the final audited numbers are not available but the preliminary statement showed sales were up by 5% to 6% over previous years. Indicators show sale in excess of 224 million kilowatt hours between the various classes. Revenues are up for two reasons, the increase in sales and of the rate increases which went into effect approximately 18 months ago. Director Clarke explained ENOVA has done quite well for the City and his department was in the process of reconciling all those numbers for the past year from the dispatching services forms. The initial estimate is close to $400,000 savings for the year. He spoke about new contracts that went into effect that did cause the City some additional money. The department is also aggressively pursuing the economy energy market. The increases in the contracts were somewhat mitigated because of ENOVA's efforts to market any of our excesses which proved to be profitable and the City is gaining on our revenues versus expenses. Also the increase in power cost adjustment proved to be above of what was anticipated simply because sales were high during the summer months especially in the residential class. Councilmember Bennett asked because sales were so high would it be possible to give a break to the community by increasing the baseline currently charged. Director Clarke referred to a recent study which showed that the City can adjust basic charges, regarding the first 250 kilowatt hour block; however, the City continues to maintain a constant revenue requirement. Thus, a larger allowance in the baseline figure means a reduction in revenues in that block which would require revenue increase in the end block to remain revenue neutral. Customers with a higher usage would see an increase in what they are paying now and those with low consumption would see a slight decrease. Councilmember Bennett asked if it was possible to get a report as she would like to find a way that we can reduce the cost to the residents in our community. 7 OCT 15, 1996