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Resolution No. 1286 RESOLUTION NO. 1286 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS OPPOSING THE SOUTHERN CALIFORNIA EDISON COMPANY APPLICATION NO. 53488 FOR A RATE INCREASE. WHEREAS, the City of Cypress has been notified that the Southern California Edison Company has filed Application No. 53488 with the California Public Utility Commission for a general increase in rates for electric service; and WHEREAS, the City of Cypress has estimated that this proposed rate increase, if approved, would increase the annual rate to the City for electrical services by $2,300; and WHEREAS, the City of Cypress has further determined that this proposed rate increase would result in an estimated annual increase of $14,400 for street lighting energy charges; and WHEREAS, these increases would be required to be paid through an increased tax to the citizens of the community ; and WHEREAS, in addition to these charges, the average homeowner would also be burdened with an increase of approximately 8.6% for their individual electrical service; and WHEREAS, these increases are proposed at a time when all levels of Government are seeking to reduce the tax burden and stabilize the economy with wage and price controls. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cypress opposes the application for rate increase as submitted by the Southern California Edison Company and requests the support of the Public Utilities Commission in opposing this rate increase application. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 11th day of September, 1972. _ MAYOR OF TRS" CI OF RESS ATTEST: CITIldRK OF THE CITR OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF CYPRESS ) I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 11th day of September, 1972, by the following roll call vote: AYES: 4 COUNCILMEN: Frankiewich, Kanel, Roberts and Lacayo NOES: 1 COUNCILMAN: Harvey ABSENT: 0 COUNCILMEN: None CI CLERK OF E C TY OF CYPRESS