HomeMy WebLinkAbout92-15TTEM NO. ! 1 a. iii 6 7 9 10 11 12 13 15 16 17 18 19 20 21 22 23 2~ 25 26 27 28 92-15 RESOLUTION NO. RESOLUTION AUTHORIZING DISPERSAL OF FUNDS FROM THE PACIFIC GAS AND ELECTRIC COMPANY AND NORTHERN CALIFORNIA POWER AGENCY SETTLEMENT AGREEMENT WHEREAS, the Electric Utility Department placed funds in escrow in order to pursue a settlement with Pacific Gas and Electric; and WHEREAS, these funds are being returned to the City of Ukiah as a result of the settlement; and WHEREAS, the City of Ukiah is involved in a program to underground existing utilities. THEREFORE, BE IT RESOLVED, that the dispersal of the settlement funds are hereby approved and that the Mayor, Colleen B. Henderson, of the City of Ukiah, authorizes that these funds be placed in the Electric Utility Undergrounding Fund. PASSEDT.~NDUADOPTED-'O~ober 16, 1991, by the following roll call AYES: Councilmembers McMichael, Wattenburger, Shoemaker, Schnei and Mayor Henderson NOES: None ABSENT: None ABSTAIN: None ../ leen B. Henderson, Mayor C~t~y -~ifa~, City/Clerk R:RES2 ~ PG&E1 ~r