MEMORANDUM OF UNDERSTANDING OVERSIGHT COMMITTEE

RESOLUTION REGARDING PROPOSED

LADWP RATE ACTIONS FOR 2008-2010

At its duly noticed general membership meeting on January 5, 2008, the NC/LADWP Oversight Committee, representing 74 Neighborhood Councils, moved, seconded, and unanimously approved the following resolution:

WHEREAS City Charter Section 266a requires an Industrial, Economic and Administrative (IEA) Survey of proprietary departments be completed at least every five years; and

WHEREAS the Los Angeles Department of Water & Power is such a proprietary department; and

WHEREAS the last such LADWP IEA Survey was completed in 2002; and

WHEREAS the Mayor, Controller and Council, as required by the City Charter, have not ensured the timely completion of the required IEA Survey by November, 2007;

THEREFORE,

BE IT RESOLVED that the NC/LADWP Oversight Committee requests that the City Council ensure the expeditious completion of said IEA Survey AND that the City Council not approve any LADWP rate increase actions until the information and recommendations of the IEA Survey can be considered by the Mayor, Controller, City Council and general public so as to allow all to make informed decisions.

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Soledad Garcia, Chair