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09-18CouncilFile# 09�/8 Green Sheet # 3065376 RESOLUTION MINNESOTA �' � 2 3 WHEREAS, District Energy St. Paul, Inc. filed a norice on July 18, 2008 and an official affidavit on 4 September 18, 2008 notifying the City of Saint Paul of a proposed heating rate increase; and 5 6 WHEREAS, the heating rate increase became effective October 1, 2008, until approved or denied by the 7 Saint Paul City Council pursuant to Section .l 1(e) of the District Cooling franchise; and 8 9 WHEREAS, evidence and recommendations have been presented to the City Council in the form of a City 10 staff report submitted to the City Council on December 29, 2008, in conjunction with a public hearing on 11 this matter; and 12 13 WHEREAS, the cooling system customer rates as proposed by District Cooling St. Paul, Inc appear to be 14 reasonable in today's market conditions, and thus formal approval by City Council Resolution is 15 16 17 18 19 24 21 22 23 24 25 26 recommended; NOW, THEREFORE BE IT RESOLVED, that the City Council approves the following cooling system customer billing rate increases as proposed by District Cooling St Paul, Inc.: The cooling demand rate changes from $24.79 to $25.66 per ton per month effective for fiscal year 2009 2. The cooling energy rate remains at $0.079 per ton-hour effecrive for fiscal year 2009 Bostrom Adopted by Council: Date Yeas � Nays � Absent � Requested by: +� By: Office of Financial Services ��;R�.1/ ,� a , Form Approved by City Attomey: � r Adoption Certified by Council Secretary: U BY� ' "�iri%/�_S�i� Approved by r: Date ��/ l B BY ��SOI � �� Approval Recommended By D'uector of Financial Services: By � i � (/ U Form Approved by Mayor for Submission to City co,���t: `,/ By: /(�uy �j�fr�(1,���° Resolution to approve District Ener�v St. Paul. Inds request to amend District Cooline rates � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � DepartmenUO�ce/Council: Date Initiated: �y�& FS -Financial Services � 19-DECr08 Green Sheet NO: 3065376 Deoartment SentToPerson InitiaVDate I Contact Person & Phone: i Joh� MCCarthy � 0 ' ancial Services 0 68J"J4 1 inancialSezviees De arhnentD'uector Assign 2 i AtOOme 0 Must Be on Council f�qenda by (Date): Number � 07n1AN-09 For 3 a or's OfSce Mavor/Assisqnt Routing 4 omcil � Doa Type: PUBLIC HEARING Order 5�ity Clerk Ci Clerk (RESOLUTION) I E-Doeument Required: N Document Contact: ConWct Phone: Total # of Signature Pages _(Ctip Atl �ocations for Signature) Action Requested: Council approval of FY-09 District Cooling rate change. Recommendations: Approve (A) or Reject (R): Personal Service Contrects Must Answer the Following Questions: 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/firm ever been a city employee? Yes No 3. Does this persoNfrm possess a skili not normally possessed by any current city employee? Yes No Explain ali yes answers on separate sheet antl attach to green sheet. Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why): District Cooling has proposed a rate change for FY-09. The City must review all proposed rate changes for Dis[rict Cooling. If approved the cooling demand rate will change from $24.99 to $25.66 per ton per month. Advantages If Approved: District Cooling's rates will be established for 2009. Disadvantages If Approved: None. Disadvantages If Not Approved: The proper District Cooling rates will be in effect for FY 2009. Total Amount of CosNRevenue Butl eted: TransaMion: 9 Funding Source: Activity Number: Financial Information: (Explain) December 19, 2008 4:13 PM Page 1