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San Diego Mayor Todd Gloria’s office released some details Friday of a potential electric and gas franchise agreement between the city and San Diego Gas & Electric, with an eye toward attracting the support of at least six of the nine City Council members needed to finalize the deal.
“If approved by the council, these agreements put us on a path toward environmental sustainability, community equity and financial certainty, while providing an easy offramp for the city,” Gloria said in a statement. “This is a better deal for the city and for ratepayers.”
The tentative agreement comes after three weeks of multiple negotiating sessions between the Gloria administration and SDG&E executives and follows up on an original set of requirements the city laid out in March when it formally put the franchise agreement up for bid.