2010 R - 45 - APPROVING THE CAPITAL EXPENDITURE PROGRAM OF THE PUD AND THE FILING OF AN APPLICATION FOR ITS APPROVAL

EXCERPTS FROM THE MINUTES OF THE SPECIAL SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON JUNE 03, 2010 AT THE CITY HALL.

PRESENT:

Hon. Cynthia G. Cajudo - - City Vice-Mayor & Presiding Officer

Hon. Gina Gulanes-Perez - - City Councilor

Hon. Rodel S. Cerezo- - - - “ “

Hon. Aquilino Y. Cortez, Jr. - - - “ “

Hon. Anselmo A. Aquino - - - “ “

Hon. Elena C. Dabu - - “ “

Hon. Audie S. Sundiam- - - - President, Liga ng mga Barangay

Hon. Cheenee F. Hoya- - - - SK Federation President

ABSENT:

Hon. John Carlos G. delos Reyes- - City Councilor

Hon. Sarah Lugerna Lipumano-Garcia - “ “

Hon. Edwin J. Piano- - - “ “

(On Official Business)

Hon. Angelito W. Baloy- - - City Councilor

Hon. Jonathan G. Manalo- - “ “

RESOLUTION NO. 45

(Series of 2010)

A RESOLUTION APPROVING THE CAPITAL EXPENDITURE PROGRAM OF THE PUBLIC UTILITIES DEPARTMENT AND THE FILING OF AN APPLICATION FOR ITS APPROVAL WITH THE ENERGY REGULATORY COMMISSION IN CONNECTION WITH THE SALE AND MODERNIZATION OF THE CITY’S ELECTRIC DISTRIBUTION SYSTEM

WHEREAS, the Energy Regulatory Commission, pursuant to the Electric Power Industry Reform Act (EPIRA) and ERC Resolution No. 26, Series of 2009, requires all distribution utilities to submit their capital expenditure programs for the approval of the Commission;

WHEREAS, a capital expenditure program for the PUD has been prepared consistent with the rules of the ERC in connection with the sale and modernization of the City’s electric distribution system;

WHEREAS, under the general terms of the sale, the capital expenditure program will be financed and implemented in phases by the winning bidder or the new owner/operator of the distribution utility;

WHEREAS, to ensure compliance with the applicable rules and regulations of the ERC and the smooth implementation of needed improvements and rehabilitation works on the City’s electric distribution system, there is a need to approve the capital expenditure program and submit an application for its approval to the ERC.

NOW, THEREFORE, on motion of City Councilor Gina G. Perez, co-sponsored by City Councilors Rodel S. Cerezo, Edwin J. Piano, Aquilino Y. Cortez, Jr., Anselmo A. Aquino, Elena C. Dabu, Audie S. Sundiam and Cheenee F. Hoya, with the unanimous accord of the Members of the Sangguniang Panlungsod present,

RESOLVED, AS IT IS HEREBY RESOLVED, by the Sangguniang Panlungsod in session assembled that the capital expenditure program for the Public Utilities Department entitled “Determination of Capital Expenditure Requirement for Olongapo PUD Distribution System” dated 14 August 2009 is hereby approved.

RESOLVED FURTHER, AS IT HEREBY FURTHER RESOLVED, that the City Mayor, through the City Legal Officer, is hereby authorized to prepare and submit an application to the Energy Regulatory Commission seeking the approval of such capital expenditure program.

Let the City Mayor’s indorsement on this matter be made as an integral part of this Resolution.

APPROVED UNANIMOUSLY, June 03, 2010.

CYNTHIA G. CAJUDO

City Vice-Mayor & Presiding Officer

GINA GULANES-PEREZ JOHN CARLOS G. DELOS REYES

City Councilor City Councilor

(Absent)

RODEL S. CEREZO SARAH LUGERNA LIPUMANO-GARCIA

City Councilor City Councilor

(Absent))

EDWIN J. PIANO ANGELITO W. BALOY

City Councilor City Councilor

(On Official Business) (Absent)

AQUILINO Y. CORTEZ, JR. ANSELMO A. AQUINO

City Councilor City Councilor

ELENA C. DABU JONATHAN G. MANALO

City Councilor City Councilor

(Absent)

AUDIE S. SUNDIAM CHEENEE F. HOYA

President, Liga ng mga Barangay SK Federation President

ATTEST:

ELFLIDA S. SALMON

Council Secretary

APPROVED BY HIS HONOR, THE CITY MAYOR ON ____________________.

JAMES GORDON, JR.

City Mayor

ATTEST:

DELFIN A. JUICO, JR.

Secretary to the City Mayor