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File #: RES 20-1222    Version: 1
Type: Resolution Status: Passed
In control: City Council
Final action: 9/16/2020
Title: Acknowledging receipt of District Energy St. Paul, Inc. notice of rate increase as of October 1, 2020, and directing the Office of Financial Services, the City Attorney’s Office, and Council Operations to review and analyze the rate changes.
Sponsors: Amy Brendmoen
Related files: RES PH 20-190

Title

Acknowledging receipt of District Energy St. Paul, Inc. notice of rate increase as of October 1, 2020, and directing the Office of Financial Services, the City Attorney’s Office, and Council Operations to review and analyze the rate changes.

Body

WHEREAS, on August 13, 2020, pursuant to Section 11(e) of the district cooling franchise (City Ordinance CF 07-1109 adopted December 12, 2007, and modified by City Ordinance CF 13-45, adopted September 25, 2013), District Energy St. Paul, Inc. filed a rate change notice as of October 1, 2020, with the City:

                     Demand: $30.02 per ton per month

                     Energy: $0.094 per ton per hour

Transition Rate: $0.394 per ton per hour; and

 

NOW, THEREFORE BE IT RESOLVED, the Mayor and the City Council acknowledge the receipt of this notice and direct the Office of Financial Services, the City Attorney’s Office, and Council Operations to review and analyze the rate changes, and report back to the City Council on its findings within 180 days.

 

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