At the same time, the City Council approved multiyear rate increases for both water and electric services in 2012 and 2013, respectively.
The next multiyear rate agreement, now being negotiated, will take effect in 2011.
Finally, the commission urged Con Edison to consider applying for multiyear rate increases, suggesting the one-year rate increases were insufficient to "address the many challenges" Con Edison faced on operations and costs.
PG&E is seeking approval for a multiyear rate increase to cover part of the costs of the new meters, but the hike shouldn't exceed 1.1% in any given year, the utility insists.
During his four years at the DOJ, Breuer made headlines after a Japanese subsidiary of UBS pleaded guilty to a multiyear scheme to manipulate Libor, the London interbank offered rate, and agreed to pay $1.5 billion in fines.
With a multiyear water rate hike approved several months ago — and $35 million in proposed water bonds — utility officials can bring the water side back into the black by 2016, but the electricity side also needs revenue enhancements, Zurn said.
"It's the multiyear guaranteed rate.
The bonds, which were already incorporated into multiyear electricity rate increases approved by the council on a split vote in August, are expected to get the electric side of Glendale Water & Power on a path to self-sufficiency, officials said at a Tuesday meeting.
The present research is the second phase (2 yr) of a multiyear cow-calf study employing fixed stocking rates and examining the effect of stocking method, i.e., continuous and rotational, and stocking rate on beef cattle production.
In other action, regents discussed a multiyear plan to boost enrollment, improve graduation rates and eliminate achievement gaps among students who are low-income, underrepresented minorities or the first in their families to attend college.
