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Resolution No. 2013-086A.RESOLUTION OF THE CITY COUNCIL.OF.THE CITY OF -VERNON ESTABLISHING A TRANSMISSION REVENUE BALANCING ACCOUNT ADJUSTMENT FOR 2014 IN ACCORDANCE WITH VERNON'S TRANSMISSION OWNER TARIFF AND PROVIDING FOR TARIFF SHEET CHANGES TO IMPLEMENT THE ADJUSTMENT WHEREAS, the City..of Vernon:("City") is a chartered municipal corporation of the State of California that owns and operates a system for the generation, purchase, transmission, distribution and sale of electric capacity and energy; and WHEREAS, the City is a Participating Transmission Owner ("PTO") with the California Independent System Operator Corporation, a California nonprofit public benefit corporation ("CAISO"), and WHEREAS, the CAISO requires a PTO to turn over operational control of its transmission facilities and entitlements to the CAISO; and WHEREAS, in.return, the CAISO collects revenues for each -PTO pursuant to calculations that reflect the expenses and capital costs incurred by each PTO to provide transmission servicesi and WHEREAS, the relationship between PTOs and CAISO is governed by a Transmission Control Agreement ("TCA") which sets forth the specific duties and obligations of all PTOs including the filing of a Transmission Owner Tariff ("TO Tariff") with the Federal Energy Regulatory Commission ("FERC"); and WHEREAS, in order to ensure that all Transmission Revenue .Credits are flowed through to CAISO's open access transmission tariff ("CAISO Tariff") customers, the City annually updates its Transmission 100813500 Revenue Balancing Account Adjustment ("TRBAA") by a dollar amount reflecting the proposed Transmission Revenue Credits adjusted for difference between projected and actual credits from the prior year; and WHEREAS, a Notice of Public Hearing was published on or before September 26, 2013, notifying all interested parties that a hearing to consider evidence to establish the City's new TRBAA for 2014 was scheduled for October 15, 2013, at approximately 9 a.m.; subject to the hearing being continued or adjourned to a stated time and place without further notice of public hearing; and WHEREAS, a Public Hearing was held on October 15, 2013, in which the City Council took evidence from staff and those other persons in attendance who wished to be heard on the establishment_of the City's new TRBAA; and WHEREAS, the Light & Power Department has prepared a report, with exhibits, dated on or about October 3, 2013 ("TRBAA Report"), which determines the new TRBAA for 2014 to.be consistent with the TO Tariff and supports the TRBAA and the changes to Appendix I of the TO Tariff to implement the new TRBAA effective January 1, 2014; and WHEREAS, the Light & Power Department has recommended that the TRBAA and Appendix I to the TO Tariff implementing the new TRBAA be approved; and WHEREAS, the City Council has heard and considered all evidence, both written and oral, presented in consideration of the establishment of the City's new TRBAA and revised Appendix I to the TO Tariff implementing the new TRBAA. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OFTHE CITY OF VERNON AS FOLLOWS: - 2 - 100813500 SECTION 1: The City Council of the City of Vernon hereby finds and determines that the above recitals are true and correct. SECTION 2: The City Council of the City of Vernon finds that this 'action is exempt.under the California Environmental Quality Act (CEQA); in accordance with Section 15061.(b)(3), the general rule that CEQA only applies to projects that may have an effect on the environment because the administrative action of -predicting future financial activity will not have an effect on the environment and is exempt from CEQA. SECTION 3: The City Council of the City of Vernon hereby further finds and determines that all persons.have had the opportunity to be heard or to file written comments to the proposed establishment of the City's new TRBAA and 'amended Appendix I to the TO Tariff implementing the new TRBAA, and, after due consideration of any and all evidence submitted. at the public.hearing, determines that therearecompelling reasons to justify the establishment of the City's new TRBAA for 2014 and an amended Appendix I to the TO Tariff implementing the new TRBAA for 2014, a copy of which is attached hereto as, Exhibit A and made a part hereof. SECTION 4: The City Council of the City of Vernon hereby approves, pursuant to the TO Tariff and to be effective on January 1, 2014, the establishment of the City's new TRBAA for 2014 and revised Appendix I to the TO Tariff implementing the new TRBAA for 2014, as described in the TRBAA Report, a copy of which is.attached hereto as Exhibit:B and made a part hereof. SECTION 5: The City Council of the City of Vernon hereby authorizes outside counsel to submit the City's new TRBAA for 2014, the revised Appendix I to the TO Tariff, and supporting documentation, such as the TRBAA Report and this City.Council Resolution, to FERC on behalf - 3 - 100813500 of the City .of Vernon. SECTION 6: The Interim City Clerk, or Deputy City Clerk, of the City of Vernon shall certify to the passage,.approval and adoption of this resolution, and the Interim City Clerk, or Deputy City Clerk, 1. of the City of Vernon shall cause this resolution and.the Interim City Clerk's,.,or Deputy City Clerk's; certification to be entered in the File of Resolutions of the.Council of this City. APPROVED AND ADOPTED this 15°h day of October, 2013. Name: W• Michael McCormick Title: Mayor / d4aper-r 4 _ 100813500 STATE OF CALIFORNIA ) ss COUNTY OF LOS ANGELES ) I Dana Reed Interim city Clerk / tl p-city -Cleo_ o the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 2013-86,.was duly passed, 'approved and adopted by.. the City .Council of the City.of Vernon at a regular meeting of the City Council duly held on Tuesday, October 15, 2013, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. Executed this day of October, 2013, at Vernon, California. (SEAL) Qana Reed Interim City Clerk -. 5 - 100813500. EXHIBIT A EXHIBIT B EXHIBIT A EXHIBIT - A APPENDIXI Transmission Revenue Requirement and TRBAA The Vernon Base Transmission Revenue Requirement is 208 426 and is comprised of the Delet following components: Base TRR costs not subject to ETC Adjustment Clause: $498,480 ETC Adjustment Clause: Forecast SCE ETC Costs: V,682,760 - Delet Balance of Difference between prior year Forecast and Actual SCE ETC Costs: Interest on Difference between prior year Forecast and Actual SCE ETC Costs: 6 640 ........... ----------.-...- Delet 46__....-...--...... Delet The ETC Adjustment Clause is: The projected SCE ETC Cost for the next calendar year, plus the true -up (positive or negative) of the prior October through September SCE ETC Cost with interest calculated pursuant to 18 C.F.R. § 35.19a. The ETC Adjustment Clause will be recalculated annually and filed with the Commission with a proposed effective date of January 1 of each year. The TRBAA is a osp itive $1&331 for calendar year 2014. Vernon's Gross Load, consistent with its TRR, used by the ISO to develop the Transmission Access Charge is 1,181,728 MWhs. All of Vernon's transmission facilities and Entitlements placed under the ISO's Operational Control are High Voltage Facilities as defined by the ISO Tariff. The TRBAA will be recalculated annually consistent with the ISO Tariff approved by the Vernon City Council, and provided to the ISO. Delet Form; EDelet Delet APPENDIX I Transmission Revenue Requirement and TRBAA The Vernon Base Transmission Revenue Requirement is $2,208,426 and is comprised of the following components: Base TRR costs not subject to ETC Adjustment Clause: $498,480 ETC Adjustment Clause: Forecast SCE ETC Costs: $1,682,760 Balance of Difference between prior year Forecast and Actual SCE ETC Costs: $26,640 Interest on Difference between prior year Forecast and Actual SCE ETC Costs: $546 The ETC Adjustment Clause is: The projected SCE ETC Cost for the next calendar year, plus the true -up (positive or negative) of the prior October through September SCE ETC Cost with interest calculated pursuant to 18 C.F.R. § 35.19a. The ETC Adjustment Clause will be recalculated annually and filed with the Commission with a proposed effective date of January 1 of each year. The TRBAA is a positive $13,331 for calendar year 2014. Vernon's Gross Load, consistent with its TRR, used by the ISO to develop the Transmission Access Charge is 1,181,728 MWhs. All of Vernon's transmission facilities and Entitlements placed under the ISO's Operational Control are High Voltage Facilities as defined by the ISO Tariff. The TRBAA will be recalculated annually consistent with the ISO Tariff approved by the Vernon City Council, and provided to the ISO. EXHIBIT B EXHIBIT - B CITY OF VERNON LIGHT & POWER DEPARTMENT REPORT REGARDING THE ESTABLSHMENT OF A NEW TRANSMISSION REVENUE BALANCING ACCOUNT ADJUSTMENT FOR CALENDAR YEAR 2014 ("TRBAA REPORT") October 3, 2013 The City of Vernon ("Vernon" or "City") is a Scheduling Coordinator and a Participating Transmission Owner ("PTO") in the California Independent System Operator Corporation ("ISO"). To participate in the ISO, PTOs are required to turn over administrative control of their transmission facilities and entitlements to the ISO. In return, the ISO collects revenues for each PTO pursuant to calculations that reflect the expenses and capital costs incurred by each PTO to provide transmission services. The relationship between PTOs and the ISO is governed by a Transmission Control Agreement ("TCA"), which sets forth the specific duties and obligations of all PTOs. The TCA requires all PTOs to file a Transmission Owner Tariff ("TO Tariff") with the Federal Energy Regulatory Commission ("FERC"). Pursuant to Section 5.2 of the TO Tariff, Vernon updates its Transmission Revenue Balancing Account Adjustment ("TRBAA") annually. The TRBAA is a tariff mechanism designed to ensure that all Transmission Revenue Credits ("TRCs") are flowed through to ISO open access transmission tariff ("ISO Tariff') customers via annual update filings at the FERC by PTOs. Appendix F, Schedule 3, Section 6.1(b), of the ISO Tariff describes the annual TRBAA calculation as "a dollar amount based on the projected Transmission Revenue Credits as adjusted for the true up of the prior year's difference between projected and actual credits." This Staff Report supports the establishment of a new TRBAA based on the requirements of the TO Tariff and the ISO Tariff. SUMMARY Section 5.2 of the Vernon TO Tariff identifies the items to be reflected in the TRBAA TRBAA Report 2014 Page 2 of 5 and sets forth the procedure for revising the Transmission Revenue Balancing Account ("TRBA") on an annual basis, as follows: 5.2 Transmission Revenue Balancing Account Adjustment The Participating TO shall maintain a TRBA that will ensure that all Transmission Revenue Credits and the refunds, specified in Sections 6 and 8 of Appendix F, Schedule 3 of the ISO Tariff, flow through to transmission customers. The TRBAA shall be equal to: TRBAA = TRCF + TRCT+ I. TRCT = The balance representing the prior period difference between the projected Transmission Revenue Credits and the actual credits. TRCF = The forecast of Transmission Revenue Credits for the following calendar year. I = The interest balance for the TRBA, which shall be calculated using the interest rate pursuant to Section 35.19(a) of FERC's regulations under the Federal Power Act (18 C.F.R. § 35.19(a)). Interest shall be calculated based on the average TRBA principal balance each month, compounded quarterly. Transmission Revenue Credits ("TRCs") are defined in Section 3.12 of the current Vernon TO Tariff as follows: 3.12 Transmission Revenue Credit:. The sum of all revenues received by the Participating TO from the ISO for Wheeling service. The TRBAA is based on the balance in the TRBA as of September 30 of the current year and a forecast of the TRCs expected to be received in the following year. A summary of the elements of the Vernon TRBAA proposed to be effective January 1, 2014 is shown in Exhibit 1. It shows that the balance in the Vernon TRBA as of TRBAA Report 2014 Page 3 of 5 September 30, 2013, which reflects services rendered through June 30, 2013, is a debit of $17,953, including interest. TRCs are projected to be a credit of $4621. Taken together, these items sum up to a TRBAA to be effective for the twelve months starting January 1, 2014 of a debit, or positive, balance of $13,331. All of the Vernon transmission entitlements that are reflected in Vernon's transmission rates and the TRBAA are high voltage facilities. Therefore, there is no need to allocate TRCs or other TRBAA components between high voltage and low voltage rates. CALCULATION OF THE NEW TRBAA The TRBAA is equal to the sum of: TRCF + TRCT+ I. The balance in the TRBA of a debit of $17,953 as of September 30, 2013 represents the sum of the TRCT and the I components. The TRCT Component of Vernon's TRBAA TRCT represents a balance that reflects the difference for the prior period between the projected TRCs and the actual credits. The prior period in this case is the twelve-month period starting October 1, 2012 and ending September 30, 2013. A summary of the determination of the September 30, 2013 balance in the Vernon TRBA is shown in Exhibit 2. The TRCT component reflects 1) the previously projected 2012 TRCs for Vernon of $105,460 or $8,788.36 per month, for the months October through December 2012, and 2) projected 2013 TRCs of $34,766 or $2,897.17 per month, for the months January through September 2013—both elements as reflected on Line No. 10 of Exhibit 2. Adjustments for actual payable TRCs reflecting high voltage wheeling revenues payable to the TO (i.e., Vernon) are reflected in Line 11 of Exhibit 2 and produce the under (over) collection figures for the monthly payable TRC balances reflected in Line 14 of Exhibit 2. The monthly balances are carried forward from month to month in Line 14 of Exhibit 2. Interest is calculated monthly (the I component) on the average monthly balance and is compounded quarterly into the monthly payable TRC balances pursuant to Section TRBAA Report 2014 Page 4 of 5 5.2 of the Vernon TO Tariff. The interest calculation for payable TRC balances is shown in Lines 16-20 of Exhibit 2. The TRBA balance on September 30, 2013 is shown in Line 25 of Exhibit 2. The I (Interest) Component of Vernon's TRBAA As discussed above, the I component reflects interest on payable balances and on payments for prior year TRCs. As provided in Section 5.2 of Vernon's TO Tariff, monthly interest carrying costs are calculated using the 18 C.F.R. § 35.19(a) interest rates and calculation method. These interest rates are published by FERC and reflect the prime rate values published in the Federal Reserve Bank's "Selected Interest Rates." The calculation of interest is reflected in Exhibit 2 and is included as an integral part of the calculation of the TRBA balance on September 30, 2013. It is not reflected as a separate line item in Exhibit 1. The TRCF Component of Vernon's TRBAA The TRCF component of Vernon's TRBAA stands for the forecast of TRCs for the following calendar year, in this case 2014. These forecast TRCs reflect projected wheeling revenues. Wheeling revenues, which correspond to ISO Charge Type 384, are projected to be a credit of $4,621, as shown in Exhibit'3. These projections are based on the accruals for services provided during the twelve- month period ending June 30, 2013, which are reflected in the ISO's invoices to Vernon through September 30, 2013. A summary of the monthly accruals for the twelve months ending September 30, 2013 is shown in Exhibit 4. TRBAA Report 2014 Page 5 of 5 1. Approve the newly calculated TRBAA of a positive $13,331 2. Approve replacing the existing TRBAA of negative $34,766 with the new TRBAA for 2013 of a positive $13,331. 3. Approve the attached revised Appendix I of Vernon's TO Tariff reflecting the TRBAA of positive $13,331. 4. Authorize outside counsel to submit Vernon's TRBAA and supporting documentation, such as this Staff Report and the City Council Resolution approving the new TRBAA to FERC. EXHIBIT - 1 Staff Report TRBAA 2014 Exhibit 1 ��000©oaa� N7 7 6 CITY OF VERNON TRANSMISSION REVENUE BALANCING ACCOUNT ADJUSTMENT (TRBAA) CALENDAR YEAR 2014 M13 Balance in TRBA on September 30, 2013 including interest Forecast Transmission Revenue Credits 9 Exhibit 2, Column N, Line No.25. 12 Exhibit 3, Column E, Line No.23. 21 22 27 28 33 34 39 TOTAL $17,953 ($4,621) $13,331 EXHIBIT - 2 gR x s tt w n n w 2R w "� tt w w w ti N {oU7} Q Tim a xu�i� $ Ole zQ m W TWA 0z�q m x rhea$ 0RE FC F ag `C$c Z'x$ 5wu � Ai dYi W n'Rm � gi z' g� i s h z n haw � „sssaR EXHIBIT - 3 Staff Report TRBAA 2014 Exhibit 3 A B C I D E F 1 MONTH January-14 February-14 March-14 April-14 May-14 June-14 July-14 August-14 September-14 October-14 November-14 December-14 Total CITY OF VERNON FORECAST TRANSMISSION CREDITS for Calendar Year 2013 TRBAA Wheeling Total — ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) ($385.10) 385.10 385.10 ($4,621.19) ($4,621.19) 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 28 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 1�7:II:l��! Staff Report TRBAA 2014 Exhibit 4 A B C D E F G H I 1 Vernon Historical Transmission Credits for Calendar Year 2014 TRBAA Wheeling Revenues ISO INVOICE Month CT 384 Final July-12 ($915.22) August-12 ($1,136.80) September-12 ($352.13) October-12 ($455.05) November-12 ($280.04) December-12 ($455.23) January-13 ($98.54) February-13 ($82.86) March-13 ($90.36) April-13 ($178.10) May-13 ($245.90) June-13 ($330.96) Total ($915.22) ($1,136.80) ($352.13) ($455.05) ($280.04) ($455.23) ($98.54) ($82.86) ($90.36) ($178.10) ($245.90) ($330.96) ($4.621.191 2 3 4 5 6 7 6 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 CITY CLERK'S OFFICE INTEROFFICE MEMORANDUM DATE: October 22, 2013 TO: Carlos Fandino, Director of Light & Power FROM: Deborah Juarez, Records Management Assistant�� RE: Resolution No. 2013-86 — A Resolution of the City Council of the City of Vernon Establishing a Transmission Revenue Balancing Account Adjustment for 2014 in Accordance with Vernon's Transmission Owner Tariff, and Providing for Tariff Sheet Changes to Implement the Adjustment Transmitted herewith is a certified copy of Resolution No. 2013-86 referenced above, which was approved by City Council on October 15, 2013, and an original notarized affidavit of Carlos R. Fandino Jr. for your transmittal to the appropriate party. Please ensure that a copy of the transmittal communication is sent to my attention for the file. Thank you. Enclosures c: Abraham Alemu Resolution No. 2013-86 CERTIFICATE STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES) I, Dana Reed, Interim City Clerk of the City of Vernon, County of Los Angeles, State of California, hereby certify that the attached is a full and complete copy of: RESOLUTION NO. 2013-86 - A Resolution of the City Council of the City of Vernon Establishing a Transmission Revenue Balancing Account Adjustment .for 2014 in Accordance With Vernon's Transmission Owner Tariff, and Providing for Tariff Sheet Changes to Implement the Adjustment IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official Seal of the City of Vernon, County of Los Angeles, State of California, on this J� day of October 2013. SEAL: Dan Reed Interim City Clerk AFFIDAVIT OF CARLOS R. FANDINO JR. STATE OF CALIFORNIA ss. COUNTY OF LOS ANGELES Carlos R. Fandino, Jr., being duly sworn, deposes and states that he is the Director of the Vernon Light and Power Department; that the "City of Vernon Light and. Power Department Staff Report Regarding the Establishment of a New Transmission Revenue Balancing Account Adjustment for Calendar Year 2014," including Exhibit 1 through 4 that are part of that Report, were prepared under his supervision; that the report and exhibits are correct to the best of his knowledge, information, and belief; and that he presented this report to the Vernon City Council as the basis for the Transmission Revenue Balancing Account Adjustment and Transmission Owner Tariff Appendix I Amendment that is being filed by Vernon at the Federal Energy Regulatory Commission. ACKNOWLEDGMENT State of California) County of Los Angelesl On October 21, 2013 before me, Marisol. Trujillo, Notary Public (insert name and title of the officer) personally appeared Carlos R. Fundino. Jr. who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s),Ware subscribed to the within instrument and acknowledged tome that Wee/ofe/they executed the same in "r/their authorized capacity(ies), and that by Vs/;�dr/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. r Signa re MARISOL TRUJILLO. Commission # 1918415 .=6 - Notary Public - California Los Angeles County 8 M Comm. Expires Dec 23, 2014 --"&fZIECEIVED OCT 0 9 201' RECEIVE CITY ADMIPJISTRATIOPJ OCT 0 9 2013 STAFF REPORT CITY CLERK'S OFFICE LIGHT & POWER DEPARTMENT DATE: October 15, 2013 TO: Honorable Mayor and City Council n / FROM: Carlos Fandino, Director of Light & Power RE: Establishment of New Transmission Revenue Balancing Account Adjustment (TRBAA) for 2014 ("TRBAA" Report) Recommendation It is recommended that the City Council conduct a Public Hearing and: Find that the approval of the TRBAA referenced in this document is exempt under the California Environmental Quality Act (CEQA) in accordance with Section 15061(b)(3), the general rule that CEQA only applies to projects that may have an effect on the environment; and 2. Approve the Resolution establishing a New Transmission Revenue Balancing Account Adjustment (TRBAA) for 2014 that: a. Adopts the newly calculated TRBAA of a positive $13,331; b. Adopts the replacement of the existing TRBAA of negative $34,766 with the new TRBAA for 2014 of a positive $13,331; c. Adopts he attached revised Appendix I of Vernon's TO Tariff reflecting the TRBAA of positive $13,331; d. Authorizes outside counsel to submit Vernon's TRBAA and supporting documentation to FERC on behalf of the City of Vernon Backeround The City of Vernon ("Vernon" or "City") is a Scheduling Coordinator and a Participating Transmission Owner ("PTO") in the California Independent System Operator Corporation ("ISO"). To participate in the ISO, PTOs are required to turn over administrative control of their transmission facilities and entitlements to the ISO. In return, the ISO collects revenues for each PTO pursuant to calculations that reflect the expenses and capital costs incurred by each PTO to provide transmission services. The relationship between PTOs and the ISO is governed by a Transmission Control Agreement ("TCA"), which sets forth the specific duties and obligations of all PTOs. The TCA requires all PTOs to file a Transmission Owner Tariff ("TO Tariff') with the Federal Energy Regulatory Commission ("FERC"). Pursuant to Section 5.2 of the TO Tariff, Vernon updates its Transmission Revenue Balancing Account Adjustment ("TRBAA") annually. The TRBAA is a tariff mechanism designed to ensure that all Transmission Revenue Credits ("TRCs") are flowed through to ISO open access transmission tariff ("ISO Tariff') customers via annual update filings at the FERC by PTOs. Appendix F, Schedule 3, Section 6.1(b), of the ISO Tariff describes the annual TRBAA calculation as "a dollar amount based on the projected Transmission Revenue Credits as adjusted for the true up of the prior year's difference between projected and actual credits." The attached TRBAA Report supports the establishment of a new TRBAA based on the requirements of the TO Tariff and the ISO Tariff. Fiscal Impact There is no known fiscal impact. Attachments NOTICE OF THREE SEPARATE PUBLIC HEARINGS The City of Vernon will conduct three Public Hearings which you may attend. PLACE: Vernon City Hall City Council Chambers 4305 Santa Fe Avenue Vernon, CA 90058 DATE AND TIME: Tuesday, October 15, 2013, at 9:00 a.m., or as soon thereafter as the matters may be heard PURPOSES: (1) To consider evidence to establish Vernon's new Transmission Revenue Balancing Account Adjustment for its high voltage (over 200 kV) transmission entitlements (all located outside the City) pursuant to Vernon's Transmission Owner Tariff, (2) To consider evidence to establish Vernon's new Existing Transmission Contract Adjustment for its high voltage (over 200 kV) transmission entitlements (all located outside the City) pursuant to Vernon's Transmission Owner Tariff, and (3) To consider evidence on whether to establish a policy to limit the costs the city may incur in procuring renewable energy pursuant to the "City of Vernon Renewable Resources Procurement Plan and Enforcement Program (SBXl 2 Compliance Plan)". Any interested person may attend and may make an oral presentation to the City Council at the time of each of the hearings, or may present written comments prior to each hearing. If you challenge the approval of the establishment of Vernon's new 'Transmission Revenue Balancing Account Adjustment, Vernon's new Existing Transmission Contract Adjustment, or the cost limitation policy, or any provision thereof in court, you may be limited to raising only those issues you or someone else raised at the respective hearing(s) described in this notice or in written correspondence delivered to the City of Vernon at, or prior to, the meeting. Information may be obtained by contacting the office of the City Clerk at the above address. The hearing(s)_may be continued or adjourned to a stated time and place without further notice of a public hearing. Dated: September 23, 2013 Carlos Fandino, &DrAe�ct 4fLight & Power