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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. LOREffA C. ELKHAIDYmr COrMk)n 01 MI26 � Nekaylltlrlc•Cntlrls ignaturc. [ .l' • L (/L4 i C�"( Gf W Ara"C=W ul cala N►lCmnnE�lesJmlL�4 AsSims Controller ♦ _ ., . .