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07-729Council File # Z� — 7 � Green Sheet # 3042672 RESOLUTION �� Presented by Two-Part Rate: Demand Energy: District Energy St. Paul, Inc. Notice of Rate Increase 10-1-07 and Process for Review � WHEREAS, on July 20, 2007, pursuant to Section 11(e) of the district cooling franchise (City Ordinance k17816 adopted March 28, 1991, codified as Saint Paul Legislative Code Appendix K), District Cooling St. Paul, Inc., filed a rate change notice as of October 1, 2007, with the Ciry: Demand: $24.79 per ton per month Energy: $0.071 per ton-hour; and 9 WHEREAS, on July 2Q 2007, pursuant to Section 6(e) of the hot water district heating franchise (City 10 Ordinance # 16947 adopted July 20, 1982, as amended, codified as Saint Paul Legislative Code Appendix 11 F,), District Energy St. Paul, Inc. filed a rate change notice as of October 1, 2007, with the City: 12 Single Rate: $0.0574 per kilowatt hour 13 14 15 16 17 18 19 NT PAUL, MINNESOTA $4.57 per kilowatt per month $25.15 per megawatt-hour; no�v therefore be it RESOLVED, the Mayor and City Council acknowledges the receipt of this notice and directs the Office of Financial Services, in conjunction with City Council Research, to review and analyze the rate changes, and report back to the City Council on its findings witbin 120 days. Benanav Bostrom Thune Nays � Absent �I Re uested b De artment of: —i—� Q Y P ✓ By: Approved by the Office of Financial Services By: Approved by City Attomey I I / .t U' i u I By: Adopted by Council: Date ��j��(�7 Approved by Mayor for Submission to Council Adoption Certified by Council Secretary gy: BY �LZiJU��iIl�SG� Approved by May . Date �/0 BY � t�r � j�'i'�z.��+d/ i� � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � �� CO �OWCII � ContaM Person & PhOne: Marcia Moertnond , 266-8570 must [3e on 75-AUG-07 '� Doc.Type: RESOLUTION , E-Document Required: Y Document Contact: Racquel Naylor ' i Contact Phone: 266-8573 07-AUG-07 l Green Sheet NO: 3042672 � �eua�unem aem ivre�s�u 0 oancil Assign t ouncil De artmentDirector Numbe� Z � Clerk Ci Clerk For Routing 3 Order 4 ' S Totai # of Signature Pages _(Clip All Locations for Signature) Action Requested: The Mayor and Ciry Counci] acknowledges the receip[ of the District Energy rate change notice and directs [he Office of Financial Services and City Council Reseazch to analyze the rate changes and report back to the City Council within 120 days. or the Planning Commission 1. Has this person/firm ever worked under a contract for this department? CIB Committee Yes No Civil Service Commission 2. Has this person/frm ever been a city employee? Yes No 3. Does this person/firm possess a skill not normally possessed by any curreni city employee? Yes No Explain all yes answers on separate sheet and attach to green sheet Initiating Pro6lem, Issues, Opportunity (Who, What, When, Where, Why): Advantages If Approved: Disadvantages If Approved: Disadvantages lf Not ARProved: Transaction: Funding Source: Fi nancial Informat�on: (Explain) s���� � � 20�� CosURevenue Budgeted: Activit Number: � ^R%?v't"� `��"�� y ��,�',i"°�. �� e August 7, 2007 4:03 PM Page 1 '' """