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HomeMy WebLinkAboutR-10877 Authorizing Contribution Of 90,000 of Estimated Costs for an Economic-Financial Impact Analysis and Regional Economic Strategy re Closure Of Diablo Cyn Nuclear Power PlantRESOLUTION NO. 10877 (2018 SERIES) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, AUTHORIZING THE CITY MANAGER TO CONTRIBUTE $90,000 OF THE ESTIMATED COSTS ASSOCIATED WITH AN ECONOMIC / FINANCIAL IMPACT ANALYSIS AND REGIONAL ECONOMIC STRATEGY REGARDING THE CLOSURE OF THE DIABLO CANYON NUCLEAR POWER PLANT WHEREAS, on August 11, 2016, Pacific Gas & Electric (PG&E) filed its application proposing to retire the Diablo Canyon Nuclear Power Plant (DCNPP) upon the expirations of applicable licenses to allow for the continued operation of the plant; and WHEREAS, protests and responses to the Joint Proposal were filed and eventually the Joint Proposal was amended with a settlement agreement. The settlement agreement adjusted the Community Impact Mitigation Program (CIMP) and was reached with many parties and locally included: The San Luis Coastal Unified School District, the County of San Luis Obispo, and The Coalition of Cities; and WHEREAS, on November 8, 2017 Administrative Law Judge, Peter V. Allen, released the Proposed Decision regarding the Joint Proposal to close the DCNPP. The Proposed Decision rejected the proposed CIMP and on January 11, 2018 the CPUC voted to not include the CIMP; and WHEREAS, in the process of joining the Coalition of Cities (Coalition), the City Managers agreed to an operating framework providing for a funding contingency plan to be activated in the event that the Joint Proposal and associated settlement agreement with PG&E was not supported by the CPUC; and WHEREAS, according to the contingency plan, the City Managers agreed that they would recommend funding an equitable portion of the fiscal and economic impact study and strategy development among the partner cities. The total cost of the study and strategy development is expected to exceed $1,000,000 and the City of San Luis Obispo's contribution of that amount is $90,000; and WHEREAS, The City has $100,000 in funding available for this purchase that was previously approved. R 10877 Resolution No. 10877 (2018 Series) that: Page 2 NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo a) The City Manager is authorized to expend $90,000 to contribute to the City's portion of funding an Economic / Fiscal Impact Analysis and Regional Economic Strategy regarding the closure of the Diablo Canyon Nuclear Power Plant. Upon motion of Council Member Rivoire, seconded by Vice Mayor Christianson, and on the following roll call vote: AYES: Council Member Pease, Gomez and Rivoire, Vice Mayor Christianson and Mayor Harmon NOES: None ABSENT: None The foregoing resolution was adopted this 20th day of March 2018. ATTEST: Teresa Purrington, ActinWtjty Clerk APPROVED AS TO MRM: 'Christine Dietrick, City Attorney IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, this Z day of a or ; ,. -n 0 -VI kt �; Teresa Purrington, Acting Cit Jerk R 10877