947.17 RATE STABILIZATION FUND ADJUSTMENT.

   Should a Rate Stabilization Fund be required by any indenture entered into pursuant to the sale of City gas system revenue bonds or mortgage revenue bonds, then the rates established for Residential Service - Schedule "R" as set forth in Section 947.03, General Service - Schedule "G" as set forth in Section 947.04, Distribution Delivery Service - Schedule “D” as set forth in Section 947.05, pre-existing self-help contract customers as set forth in Section 947.14 and electric system purchases from gas system as set forth in Section 947.18 as they now provide and as they may hereafter be amended shall be increased in any fiscal year by the percentage certified by the City Manager to the Director of Finance and the Director of Gas and Water or the Deputy City Manager/Managing Director of Operations to be necessary to cause there to be appropriated to the credit of the Gas Rate Stabilization Fund in such fiscal year the amount required by the indenture to be credited with respect to such fiscal year, such increase to take effect commencing the month after such certification.

(Ord. 2003-3-23. Passed 3-26-03.)