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Resolution No. 6294RESOLUTION NO. 6294 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, CALIFORNIA, SUPPORTING SENATE BILL 1364 RELATING TO WATER CORPORATIONS 119 WHEREAS, on July 21, 2011, the Golden State Water Company; filed an application with the California Public Utilities Commission (CPUC) to raise water rates in 2013, 2014, and 2015 for a combined rate increase equal to 29.83 %; and WHEREAS, customers of Golden State Water Company in the City of Cypress continue to pay a higher cost for water than customers served by a public agencies; and WHEREAS, the applicant will enter into an agreement with the State of California for implementation of a used oil collection program; and WHEREAS, private water companies are considered natural monopolies similar to gas, electric - and telephone companies, but unlike these other utilities, private water companies are not statutorily required to submit annual reports to the CPUC, nor are private water companies subject to audits; and WHEREAS, in response to Golden State Water Company's continued request for rate increases and to establish a level playing field for private water utilities similar to that of other utility companies, Senator Huff has introduced Senate Bill 1364 related to water corporations; and WHEREAS, Senate Bill 1364 amends legislation to toughen regulations on water utilities allowing the California Public Utilities Commission to audit water companies; and WHEREAS, Senate Bill 1364 would amend sections of the Public Utilities Code to extend certain provisions to water utilities that currently apply only to gas, electric and telephone companies, and WHEREAS, Senate Bill 1364 would require water corporations to submit an annual report to the PUC describing all significant transactions between the corporation and every subsidiary or affiliate of, or corporation holding a controlling interest; and WHEREAS, Senate Bill 1364 would expand the definition of a customer to include a local government that receives water from a water corporation for the purpose of participating in a proceeding involving the water corporation; and for the purpose of participating in a proceeding involving the water corporation. NOW, THEREFORE, BE IT RESOLVED THAT THE CYPRESS CITY COUNCIL hereby supports Senate Bill 1364, and act amending the Public Utilities Code, relating to water corporations and encourages all residents to demonstrate their support for Senate Bill 1364 by contacting members of the State Senate and request their support for this needed legislation that will put water corporations under the same rules as other public utilities. PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 26th day of March, 2012. ATTEST: 4 v- CITY CLERK OF THE CITY OF CYPRESS STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS MAYOR OF T Ii -CITY OF CYPRESS I, DENISE BASHAM, 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 26th day of March, 2012, by the following roll call vote: AYES: 5 COUNCIL MEMBERS: NOES: 0 COUNCIL MEMBERS: ABSENT: 0 COUNCIL MEMBERS: Luebben, Mills, Seymore, Narain, and Bailey None None CITY CLERK OF THE CITY OF YPRESS