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(Roll Call Vote) <br />RESOLUTION NO. 2004-1 3 <br />RESOLUTION OF THE SOUTHERN CALIFORNIA <br />PUBLIC POWER AUTHORITY <br />REGARDING APPROVAL AND ALLOCATION OF GENERAL EXPENSES <br />WHEREAS, by Resolution No. 1982-30, adopted October 6, 1982, <br />the Southern California Public Power Authority (Authority) provided for allocation <br />of General Expenses of the Authority; and <br />WHEREAS, said Resolution was rescinded and replaced by <br />Resolution No. 1993-1 3, adopted May 20, 1993; and <br />WHEREAS, the Authority rescinded and replaced Resolution No, <br />1993-1 3 by Resolution No. 1995-6, adopted May 18, 1995; and <br />WHEREAS, said Resolution No. 1995-6 provided that the General <br />Expenses of the Authority be allocated to the funded projects in the same ratio as <br />the sum of the estimated direct charges of Authority staff, Los Angeles, and other <br />agents to a funded project bears to the sum of the estimated direct charges of <br />Authority staff, Los Angeles, and other agents for all funded projects; and <br />WHEREAS, Resolution No. 2003-15, adopted May 15, 2003, <br />provided that as of July 1, 2003, General Expenses be allocated 44 percent to <br />the Palo Verde Project, 19 percent to the Southern Transmission Project, 8 <br />percent to the Hoover Uprating Project, 6 percent to the Mead-Phoenix Project, 5 <br />percent to the Mead-Adelanto Project, 10 percent to the San Juan Unit 3 Project, <br />and 8 percent to the Magnolia Power Project; and <br />WHEREAS, commencing July I, 2004, the estimate for direct <br />charges for funded projects will be revised. <br />BE IT RESOLVED that the Authority Administrative and General <br />Expense budget for Fiscal Year 2004-2005 is hereby approved.