PASSED

This enacted ordinance approved Philadelphia Gas Works’ Fiscal Year 2006 capital budget for up to $64.619 million and acknowledged its forecast of capital budgets for 2007 through 2011. It set conditions on certain projects, including requiring Gas Commission approval before spending on safety, service reliability, IVR enhancements, and vehicle replacements, and established rules for transfers and expiration of budget authority.

An Ordinance Approving the Fiscal Year 2006 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions, and acknowledging receipt of the Forecast of Capital Budgets for Fiscal Years 2007 through 2011.