CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
title
AN ORDINANCE relating to the City Light Department; amending Ordinance 123256 to clarify the role of and support for the City Light Review Panel.
body
WHEREAS, the Council established the City Light Review Panel ("Panel") through Ordinance 123256 to assist it and the Mayor in guiding the utility through the Six-Year Strategic Plan and updates to it, and in setting rates to support those plans; and
WHEREAS, the Council and the Mayor find Ordinance 123256 unnecessarily limits the effectiveness of the Panel; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:
Section 1. Section 4 of Ordinance 123256 is amended as follows:
Section 4. Role of the Panel.
The Panel shall
(a) review and assess City Light's strategic plan and provide an opinion on the merits of the plan and future revisions to it to the Mayor and the Council. The Council anticipates that the strategic plan will at a minimum consider long term strategies to rehabilitate and maintain City Light's infrastructure, provide for labor-force continuity, maintain a portfolio of resources adequate to meet the needs of its customers, and ensure continued regulatory compliance. The Panel will advise the Council to include other issues that should be part of City Light's strategic planning framework;
(b) assist the Mayor and the Council in engaging rate payers in discussions of the merits and implications of the strategic plan and revisions thereto;
(c) Reserved((provide an assessment to the Mayor and the Council of the adequacy of financial policies to protect the financial integrity of the utility and the sufficiency of the policies to support implementation of the adopted strategic plan));
(d) review changes to City Light's rates not already authorized by the Seattle Municipal Code and provide an opinion to the Mayor and the Council on the adequacy and prudence of such rate chan...
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