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AgdaPkt 2019-01-28 Joint SA PFA
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AgdaPkt 2019-01-28 Joint SA PFA
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Last modified
10/2/2020 10:35:29 AM
Creation date
1/24/2019 4:28:15 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
1/28/2019
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6.G. - Page 78 of 238 <br />SFPUC will give careful consideration to proposals for changes in the rate schedule made jointly <br />by the Wholesale Customers but, subject to the limitations set out above, shall retain the sole <br />and exclusive right to determine the structure of the rate schedule. <br />B. If the SFPUC intends to recommend that the Commission adopt one or more <br />changes to the structure of wholesale rates (currently set forth in SFPUC Rate Schedule W-25), <br />it shall prepare and distribute to the Wholesale Customers and BAWSCA a report describing the <br />proposed change(s), the purpose(s) for which it/they are being considered, and the estimated <br />financial effect on individual Wholesale Customers or classes of customers. Wholesale <br />Customers may submit comments on the report to the SFPUC for sixty (60) days after receiving <br />the report. The SFPUC will consider these comments and, if it determines to recommend that <br />the Commission adopt the change(s), as described in the report or as modified in response to <br />comments, the SFPUC General Manager shall submit a report to the Commission <br />recommending specific change(s) in the rate structure. Copies of the General Manager's report <br />shall be sent to all Wholesale Customers and BAWSCA at least thirty (30) days prior to the <br />Commission meeting at which the changes will be considered. <br />C. The SFPUC may recommend, and the Commission may adopt, changes in the <br />structure of wholesale rates at any time. However, the new rate schedule implementing these <br />changes will become effective at the beginning of the following fiscal year. <br />6.05. Balancing Account <br />A. Balancing Account Established Under 1984 Agreement. The amount of <br />credit in favor of San Francisco as of the expiration of the term of 1984 Agreement (June 30, <br />2009) is not known with certainty as of preparation and execution of this Agreement. It will not <br />be known with certainty until the Compliance Audit for FY 2008-09 is completed and disputes, if <br />any, that the Wholesale Customers or the SFPUC may have with the calculation of the <br />Suburban Revenue Requirement for that fiscal year and for previous fiscal years have been <br />settled or decided by arbitration. <br />The parties anticipate that the amount of the credit in favor of San Francisco as of June <br />30, 2009 may be within the range of $15 million to $20 million. <br />In order to reduce the credit balance due San Francisco under the 1984 Agreement in <br />an orderly manner, while avoiding unnecessary fluctuations in wholesale rates, the parties <br />agree to implement the following procedure. <br />15118728.1 <br />Hi. <br />
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