Wednesday, March 11, 2015

Public Utilities Commission of the State of California, Public Agenda 3353, March 12, 2015, Consent Agenda Item 2, Settlement Agreement between California-American Water Company, the County of Monterey, and the Monterey County Water Resources Agency

ABSTRACT: The Public Utilities Commission of the State of California, according to Public Agenda 3353, is scheduled to consider Consent Agenda Item 2, Settlement Agreement between California-American Water Company, the County of Monterey, and the Monterey County Water Resources Agency, Proceeding Number A13-05-017, In the Matter of the Application of California- American Water Company for an Order (1) Approving a Settlement Agreement with the County of Monterey and the Monterey County Water Resources Agency to Settle and Resolve Claims and Issues Between the Parties and to Promote the Development, Construction and Operation of a Water Supply Project for Monterey County on an Expedited Basis, and (2) Authorizing the Transfer of Authorized Costs Related to the Settlement Agreement to Its Special Request 1 Surcharge Balancing Account, on Thursday, March 12, 2015.
PROPOSED OUTCOME:
  • Adopts the Settlement Agreement and Mutual Release and revision to rates requested by California-American Water Company (Cal-Am) in Application 13-05-017 as adjusted in the decision.
  • Authorizes Cal-Am recovery of $1,918,343, which equates to $2,682,900 (the original request) minus $764,557.
  • The disallowance does not prejudice or prejudge any future request by Cal-Am for recovery of the $764,557 in a future application.
  • Closes the proceeding.
ESTIMATED COST: $1,918,343.
The Public Utilities Commission of the State of California, Public Agenda 3353, document is embedded. 
Public Utilities Commission of the State of California
Thursday, March 12, 2015 9:30 a.m.
San Francisco, California
Commissioners
Michael Picker, President
Michel Peter Florio
Carla J. Peterman
Liane M. Randolph
Catherine J.K. Sandoval
DECISION ADOPTING, IN PART CALIFORNIA-AMERICAN WATER COMPANY’S REQUEST FOR ADOPTION OF THE SETTLEMENT AGREEMENT BETWEEN CALIFORNIA-AMERICAN WATER COMPANY, THE COUNTY OF MONTEREY, AND THE MONTEREY COUNTY WATER RESOURCES AGENCY
Settlement Agreement between California-American Water Company, the County of Monterey, and the Monterey County Water Resources Agency
A13-05-017
In the Matter of the Application of California- American Water Company for an Order (1) Approving a Settlement Agreement with the County of Monterey and the Monterey County Water Resources Agency to Settle and Resolve Claims and Issues Between the Parties and to Promote the Development, Construction and Operation of a Water Supply Project for Monterey County on an Expedited Basis, and  (2) Authorizing the Transfer of Authorized Costs Related to the Settlement Agreement to Its Special  Request 1 Surcharge Balancing Account

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