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Resolution No. 5031 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 RESOLUTION NO. 5031 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A THIRD CONTRACT BY AND BETWEEN STEEL CASTING COMPANY AND THE CITY OF VERNON WHICH PROVIDES FOR ELECTRICAL SERVICES WHEREAS, the City of Vernon in Ordinance No. 911 initially established a special contract for electrical services that would be tailored to an individual customer if the individual customer had special circumstances or could adjust Its usage of electrical energy so as to affect its demand for electrical energy during "on-peak" periods; and WHEREAS, the City of Vernon in subsequent Ordinances has continued this special contract classification and has adopted Ordinance No. 929 which incorporates the recommendations of the City's special rate consultant, Baker G. Clay of Baker G. Clay & Associates, Inc., contained in his report on rate design heard and considered in a public hearing on July 13, 1982; and WHEREAS, the City of Vernon and Steel Casting Company have entered into two previous agreements and it is now necessary to enter into a third agreement to incorporate the recommenda- tions contained in Mr. Clay's rate report in accordance with certain restrictions which would reimburse to the City of Vernon all costs associated with providing said services to Steel Casting Company. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: That the City Council of the City of Vernon 28 hereby finds and determines that the recitals contained . , 1 hereinabove are true and correct. 2 SECTION 2: That the City Council of the City of Vernon 3 hereby approves the Contract, a copy of which has been presented 4 to the City Council concurrently with this Resolution and the 5 City Council hereby orders said Contract to be received and 6 filed by the City Clerk. 7 SECTION 3: That the City Council of the City of Vernon 8 hereby authorizes the Mayor and the City Clerk to execute said 9 Contract for, and on behalf of, the City of Vernon. 10 SECTION 4: That the City Clerk of the City of Vernon 11 shall certify to the passage of this Resolution and thereupon 12 and thereafter the same shall be in full force and effect. 13 APPROVED AND ADOPTED this 11th day of August, 1983. 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -2- . . 1 STATE OF CALIFORNIA ss 2 COUNTY OF LOS ANGELES 3 4 I, BRUCE V. MALKENHORST, City Clerk of the City of 5 Vernon, do hereby certify that the foregoing Resolution, being 6 Resolution No. 5031 , was duly adopted by the City Council 7 of the City of Vernon, and was approved by the Mayor of said 8 City at an adjourned meeting of the City Council held on Thursday, 9 August 11. , 19 83. 10 11 ~~4/~~ . ,... . .. . . ..... . .. . .. ... ... . 12 13 BRUCE V. MALKENHORST,. city Clerk 14 15 16 (SEAL) 17 18 19 20 21 22 23 24 25 26 27 28 -3-