HomeMy WebLinkAbout4/19/2000 - STAFF REPORTS (11) Schedule 4 SOUTHERN CALIFORNIA EDISON COMPANY
FRANCHISE STATEMENT
For the Calendar Year Ended December 31, 1999
City of Palm Springs
Franchise Ordinance No. 824
Computation of franchise payment: Two percent (2%) of gross annual receipts arising from use,
operation,or possession of franchise,but not less than one percent (1%) of gross annual receipts derived
from sale of electricity within limits of City.
Item
a. Gross annual receipts derived from sale of electricity within limits of City. $ 59,374,640,34
b. One percent(1%) of gross annual receipts derived from sale of electricity
within limits of City. r 593,746.40
Item
1. Gross annual receipts derived from sale of electricity in all service areas. $ 7,071,133,593
2, Original cost of electric plant, exclusive of electric plant held for future
use, intangible plant,new construction work not yet in operation and
rental properties. $19,338,962,799
3. Original cost of transmission and distribution systems, consisting of towers,
poles, underground conduits, conductors,line transformers,services and
appurtenances. $ 7,261,375,222
4. Gross annual receipts allocable to transmission and distribution systems:
Item 1 x Item 3 $ 2,655,062,467
Item 2
5. Total miles of transmission and distribution systems. 69,656.84
6. Miles of transmission and distribution systems under franchise in City. 125.78
7. Gross annual receipts arising from use, operation, or possession of
franchise:
Item 4 x Item 6 $ 4,794,270.84
Item 5
8_ Two percent (2%) of item 7, $95,88 42
FRANCHISE PAYMENT $ 593.746_40
VERTICATION CER'11NICATE
State of California
County of Los Angeles I hereby certify that the foregoing
Franchise Statement is based on the
On March 40 ,2000,before me,Loretta C.Elkhaldy,personally appeared Company's accounting records for the
Paul Alcala,personally known to me(or proved to me on the basis of year ended December 31,1999,and
satisfactory evidence) to be the person whose name is subscribed to the accurately reflects the use of such
within instrument and acknowledged to me that lie executed the same in his records in the preparation thereof to
authorized capacity,and that by his signature on the instrument,the person, the best of my knowledge and bel
or the entity upon behalf of which the person acted,executed the instrument.
'WA0 " W WITNESS my hand and official seal.
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