CC Resolution 8834
.)
RESOLUTION NO. 8834
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL
APPROVING THE PURCHASE AND SALE AGREEMENT WITH PG&E
FOR THE PURCHASE OF STREET LIGHTS
WHEREAS, the City Council previously authorized the Public Works Director to
negotiate with PG&E for the purchase of street lights; and
WHEREAS, the City purchase of approximately 500 PG&E owned street lights will save
the City approximately $2,700 per month in utility rates; and
WHEREAS, these costs will be recovered in approximately 2.5 years; and
WHEREAS, the City has received a letter from PG&E preliminarily accepting the City's
offer of $77,850 for these street lights.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell
hereby approves the purchase of approximately 500 PG&E owned street lights, authorizes the
Public Works Director to execute the Purchase and Sale Agreement, and approves a budget
adjustment in the amount of $77,850, transferring funds from Capital Improvement Program
Reserves to cover the cost of the purchase.
PASSED AND ADOPTED THIS 20th day of June, 1995, by the following roll call vote:
AYES:
Councilmembers: Watson, Dougherty, Conant, Wilkinson, Burr
NOES:
Councilmembers: None
ABSENT:
Councilmembers: None
APPROVED:
If:
-=s ~~
DONALD R. B
MAYOR
A~
Anne Bybee, City Clerk
CITY' OF CAMPBoRT.T.
REQUEST FOR BtJDGET ADJUSTMENTS
DEPARTMENT/PROGRAM
DIVISION
DATE
REQUEST NO.
PUBLIC WORKS/720
TRAFFIC ENG.
6/20/95
Iftlr 9~,. 06 -"$ 2-
BUDGET TR.ANSFER
TO BE REDUCED:
FUND
ACCOUNT NUMBER
DESCRIPTION
AMOUNT
101
3631
Capital Improvement
Program Reserve
$ 77,850
~
2,.S"""ZO, 1 S1
TO BE :J:NCREASED:
FUND
ACCOUNT NUMBER
DESCRIPTION AMOUNT
001
22.720.0000.4432
other Contractual Services $ 77,850
Reason for Reque.t (Be Spec~f~c>:
To allow the purchase of PG&E owned street lights and reduce operating costs
to the City. Approved by City Council action 6/20/95.
REV 2/90