HomeMy WebLinkAboutReso 11-18 Rescinding Underground UD7RESOLUTION NU. 11-18
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF MORRO BAY, CALIFORNIA,
RESCINDING RESOLUTION 02=06 FORMING
UNDERGROUND UTILITY DISTRICT NO.7 (BEACH & MAIN STREETS)
DUE TO INSUFFICIENT CREDITS TO PERFORM WORK
THE CITY COUNCIL
City of Morro Bay, California
WHEREAS, the City Council on January 9, 2006 adopted Resolution No. 02-06 forming
Undergrounding District 7; and
WHEREAS, the City Council has determined there are insufi:lcient undergrounding credits to
complete the undergrounding of overhead utilities in Undergrounding District 7; and
WHEREAS, the City Council determined it is not in the public's interest to expend General
Fund revenue to provide the required additional funds to underground overhead utilities on Main
Street from Dunes Street to Highway 1 and Beach Street from Main Street to West Avenue.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay,
California,
1. City Council Resolution 02-06, thus terminating all work on Undergrounding District 7
is hereby rescinded.
2. The City's Public Works Director is here by authorized to send a letter to Pacific Gas
and Electric informing them of our decision to terminate Undergrounding District 7.
3. The City's Finance Director is here by authorized to determine if therewilling
purchaser for the City's Utility Undergrounding Credits and bring that information
back to City Council for its consideration.
PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular meeting
thereof held on the 13' day of March 2018, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN
Irons, Davis, Headding, Makowetski, McPherson
None
None
None
JA#IE L. IRONS, Ma or
ATTEST:
NA SWANSOIN, City Clerk