Sponsor
Alderman Helding
Title
WE Energies be granted permission to obtain a group permit for 2011 gas meter relocations in the City of Racine
Resolved, that WE Energies be granted permission to obtain a group street opening permit covering the relocation of gas meters at up to 1,823 locations in the City of Racine.
Further resolved, that the group street opening permit fee be set at $50,000 plus a refundable deposit of $25,000.
Further resolved, that the Revenues and Expenses modify the following accounts:
101.590.6930, St Lighting-Revenue Increase from $65,000 to $111,000
101.130.6590, Street Opening Permits Increase from $50,000 to $54,000
101.590.5610, Prof Services-Expense Increase from $42,000 to $63,000
101.590.5750, LED Lights - Expense Increase from $40,000 to $65,000
Fiscal Note: This agreement will offset the costs to locate all gas meter sites and provide $25,000 for the purchase of energy efficient LED street lights.