That's, I would assume, in a reasonable time. Maybe at that meeting, but I can't answer that. I would assume they would act reasonably fast, but I can't answer that.
Then all I would ask you is, if you make the request in the December meeting, and if the action has not taken place by February 1, that you report to the Chair of the Committee of the Whole what action has been taken, what action has not been taken by the PFMC Board. And then at that point we can do whatever it is that we decide to do on this side.
Thank you very 356 RESOLUTION 970806 much. The Chair recognizes Councilman Cohen.
Mr. President, some day we are going to get modern amplification.
This appears to me to deal quite effectively with the questions that were raised. But I am wondering -- and I direct the question to the President -- do you share my feeling, or is there something that I am missing?
Councilman Cohen, we determined that we were not going to have to go over this ground again. We believe we have reasonable assurances that if the amendment is made in this way, that the agreement will be accepted by QST and its parent corporation. If not, somebody is going to get killed. For us to go through this and then these people not agree to this, somebody gets shot, all the residents and non-residents. We won't be 357 RESOLUTION 970806 distinguishing between whose blood will flow. But, actually, I think we have an agreement that if we do this -- this adds, this actually adds a layer of protection that we didn't have before. And this language, coupled with all of this discussion and our ability now to go to QST in the event that there is litigation around all of this, really puts QST at a monumental disadvantage, which is part of the reason why we wanted to have this discussion and then have this language in the first instance. So now, I mean, nobody, I think, will be able to question what we intended by this language. Because clearly this language and the record of this hearing would work in favor of the city and the Council and PGW and PFMC, in the event that there was any real litigation. The other thing that's probably very important to us is that the company has changed its position about being responsible for all the cash outlays. I mean, we will not spend cash to implement this program. PGW won't spend cash, the 358 RESOLUTION 970806 ratepayers, the taxpayers. It isn't as strong as we all originally intended it to be, but it is certainly not anywhere near what QST and its parent company wanted when it came over here for this hearing today.
All right. Thank you. That was, in general, my thought. But I wanted to check it out.
Any other questions? This is what I would like to do. I would like to first have a motion from Councilwoman Verna to add to the end of Section D this amendment, black-lined amendment, to the changes in the exhibit. If I could first do that amendment, and then move the amendments, all the changes, the black-lined changes. And then I would like to consider the resolution in front of us. Does everybody understand what we are doing? Is there anyone in the chamber who 359 RESOLUTION 970806 wishes to testify or say anything else about anything that's in front of us? You can even say something about things that are not in front of us. No? Okay. (Public Hearing adjourned.) - - - 360 COUNCIL OF THE CITY OF PHILADELPHIA PUBLIC MEETING of the COMMITTEE OF THE WHOLE - - - Thursday, December 11, 1997 - - - Public Meeting conducted by the Committee of the Whole, held in Room 400, City Hall, Philadelphia, Pennsylvania, on the above date, to consider action on the following: RESOLUTION 970806 - - - PRESENT: COUNCILMAN JOHN F. STREET, Chair COUNCILWOMAN ANNA C. VERNA, Vice-Chair COUNCILWOMAN HAPPY FERNANDEZ COUNCILMAN JAMES F. KENNEY COUNCILMAN W. THACHER LONGSTRETH COUNCILWOMAN AUGUSTA A. CLARK COUNCILMAN DAVID COHEN COUNCILMAN FRANK RIZZO COUNCILMAN ANGEL ORTIZ COUNCILMAN FRANK DiCICCO COUNCILWOMAN JANNIE L. BLACKWELL COUNCILMAN MICHAEL A. NUTTER COUNCILWOMAN JOAN L. KRAJEWSKI COUNCILMAN RICHARD T. MARIANO COUNCILWOMAN DONNA REED MILLER COUNCILWOMAN MARIAN B. TASCO COUNCILMAN BRIAN J. O'NEILL - - - 361 PUBLIC MEETING
Thank you, Mr. President. I move that the amendment as read by the City Solicitor to be added to the end of section 8 10(a), be adopted. (Duly seconded.)
All in favor let it be known by saying aye. Those opposed say nay. It is so ordered. The Chair recognizes Councilwoman Verna for a motion.
Mr. President, I move that the amendments as provided to us by the City Solicitor for the Venture Agreement be adopted. (Duly seconded.)
All in favor let it be known by saying aye. Those opposed say nay. And just for purposes of clarification, these are the amendments that we have 362 PUBLIC MEETING in our possession under a document entitled "Black-Lined Indicating Changes to Proposed" -- it should be "Proposed Amendments to the Venture Agreement." We all have it. So that there is no 7 misunderstanding, that this is the black-lined indicating changes. And these changes are not to the Venture Agreement itself, but to the proposed amendments to the Venture Agreement. Any question about that? Thank you. Now the Chair recognizes Councilwoman Verna for a motion on Resolution No. 970806, as amended.
Mr. Chairman, I move that Resolution No. 970806, as amended, be reported out of committee with a favorable recommendation. (Duly seconded.)
All in favor let it be known by saying aye. Those opposed say nay. It is so ordered. This brings us to the end of our Public Meeting. 363 PUBLIC MEETING (Public Meeting adjourned at 5:00 p.m.) - - - 364 C E R T I F I C A T I O N I HEREBY CERTIFY that the foregoing proceedings of the Council of the City of Philadelphia of Thursday, December 11, 1997, were reported fully and accurately by me, and that this is a correct transcript of same. RE: COMMITTEE OF THE WHOLE _____________________________________ DEBRA A. WHITEHEAD, RPR