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HomeMy WebLinkAbout2003-10-16 Rate Subcommittee MinutesReading Municipal Light Department (RMLD) Board of Commissioners Rate Subcommittee Meeting Minutes Thursday, October 16, 2003 6:00 p.m. Cafeteria To discuss recommendation of the Citizen's Advisory Board (CAB) at their meeting on October 15, 2003 on one time refund. Mr. Ensminger made a motion seconded by Mr. Soli that the RMLD Board of Commissioners accept the motion as presented at the Citizen's Advisory Board meeting of October 15, 2003 that the sum of three million dollars shall be used to provide a one-time credit to all electricity customer who are current customers and customer's credit shall be in proportion to the total amount paid by that customer for non fuel electricity service during the previous twelve calendar months (1 August 2002 through 31 July 2003) based on the recommendation of the Reading Municipal Light Board of Commissioners Rate Subcommittee. Motion carried 2:0:0.