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RESOLUTION NO. 1987-4 <br />RESOLUTION OF THE SOUTHERN CALIFORNIA PUBLIC <br />POWER AUTHORITY APPROVING ANNUAL BUDGET <br />FOR SOUTHERN TRANSMISSION PROJECT TRANSMISSION SERVICE YEAR <br />BEGINNING JULY 1, 1987 <br />BE IT RESOLVED by the Board of Directors of the Southern <br />California Public Power Authority that: <br />1. The budget for the Southern Transmission Project <br />for the Transmission Service Year beginning <br />July 1, 1987 submitted to this Board of Directors <br />is hereby approved. The Executive Directoris <br />hereby authorized and directed to place the <br />budget so approved in final form, with such <br />changes as shall be necessary or advisable to <br />comply with the Southern Transmission Project <br />Bond Indenture and Transmission Service Contracts; <br />and, the budget hereby approved, in such final <br />form, shall constitute the Authority's Annual <br />Budget for the Southern Transmission Project for <br />the-~ransmission Service Year beginning July 1, <br />1987. <br />2. This resolution shall become effective May 20, <br />1987. <br />The foregoing resolution is approved and adopted by the <br />Authority, this sixth day of May 1987. <br />PRESIDENT <br />Southern California Public <br />Power Authority <br />ATTEST: <br />ASSISTANT SECRETARY <br />Southern California Public <br />Power Authority