RES 85339 - Laserfiche WebLink

In no event, however, will a refund payment 5e ma<~e on the basis of charges billed to customers for electric service furnished after the end of the third 12-month billing period, nor will any refund paymerts be made for any 12-month billing period in which the total of such charges is less than 25 percent of the total estimate cost of the Distribution Sys~em facilities then owned by PGandE at the end of each 12-month billing period excluding the cost of transformers, meters, services and City's cost of excavating and backfilling. 6. As provided in Section B.3 of the Underground Extensio~ Rule, in the event that an extension is required in excess of 200 feet in length to reach the boundaries of the District, City shall execute concurrently with its execution of this agreement, PGandE's applicable agreement, in the form on file with the Commission, relating to underground extensions under PGandE's Rule No. 15. 7. PGandE, upon fulfillment of City's obligations under Sections 1.2, 1.8, 1.9, 1.10, 1.12 and 1.13, shall furnish and install the remainder of the Electric Conversion Facilities as shown on Exhibit "A", in accordance with Section B of its Electric Rule No. 20 (Electric Conversion Rule), a copy of which is attached and made a part hereof. PGandE shall also remove the existing overhead electric facilities owned by PGandE in the District as shown on Exhibit "A". PGandE shall not be required, however, to discontinue overhead service to any customer until such customer shall have rearranged his electric facilities to enable him to take underground service. PGandE shall be excused from any delay in performing any of its obligations hereunder occasioned by the failure of any customer so to do. 8. City shall pay to PGandE, prior to the furnishing of any work or materials relating to the portion of the Electric Conversion Facilities described in Section 1,7 hereof, the nonrefundabie sum of $12,558 5: