2006 RES R-02-06 - Laserfiche WebLink

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10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 boundaries of the City, were given the opportunity to appear and present evidence and testimony concerning any matter relating to this Resolution, the proposed amended and newly -established Rates, and new charge. SECTION 2. The City hereby determines that: (a) the proposed new Rate, amended Rates, and increased charge are not discriminatory or excessive; (b) the proposed new Rate, amended Rates, and increased charge will be sufficient to pay any amounts required under any bonded indebtedness pursuant to Government Code Section 54515; (c) the proposed new Rate, amended Rates, and increased charge will comply with the Revenue Bond Law of 1941; (d) the proposed new Rate, amended Rates, and increased charge will be sufficient under the provisions or covenants of any outstanding revenue bonds of the City payable from the revenues of the electric energy enterprise; and (e) the proposed new Rate, amended Rates, and increased charge will be in compliance with the applicable law. SECTION 3. The City hereby adopts, by way of this Resolution, the attached new Rate, amended Rates, and increased charge to be charged to various existing customers for the services and facilities furnished by the electric energy enterprise within the Utility. Said new Rate, amended Rates, and increased charge are set forth in the attached Exhibit A — New and Amended Electric Energy Rates and Charges for the Colton Electric Utility, which is incorporated herein by reference. SECTION 4. The Mayor shall sign this Resolution and the City Clerk shall attest thereto, and this Resolution shall take effect and be in force on the date of its adoption. PASSED, APPROVED, AND ADOPTED this 17`h day of January, 2006. ATTEST: CAROLINA P. BARRERA, CMC City Clerk ORANGE\GPP\22744.1 DEIRDRE Mayor -2-