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HomeMy WebLinkAbout2011-17 3rd phase agrmnt City of GridleyRESOLUTION NO. 2011-17 AMENDMENT TO THE 3RD PHASE AGREEMENT TO ALLOCATE SHARES FROM EXISTING PARTICIPANTS TO ADDITIONAL MEMBER, CITY OF GRIDLEY This Amendment to the 3Id Phase Agreement to Allocate Shares From Existing Participants to Additional Member, City of Gridley ("Amendment") is entered into by and between the Northern California Power Agency ("NCPA"), a California Joint Powers Agency, the participants to the Amended NCPA Green Power Project Third Phase Agreement ("NGPP Third Phase Agreement") (collectively referred to as the "Participants"), and the City of Gridley ("Gridley"), and together with NCPA and the Participants, the ("Parties"). WHEREAS, NCPA and the Participants entered into the NGPP Third Phase Agreement for the purpose of procuring electrical power from NCPA's Green Power Project (hereinafter "NGPP"); and WHEREAS, Gridley is not a member of the NGPP or a signatory to the NGPP Third Phase Agreement; and WHEREAS, NCPA has been providing project management services related to the acquisition of solar PV projects to be located within Gridley's distribution area or to serve Gridley retail electric load pursuant to a Professional Services Agreement dated July 7, 2009 ("PSA" and WHEREAS, Gridley now wishes to become a member of the NGPP and a signatory to the NGPP Third Phase Agreement; and WHEREAS, in accordance with Section 7.2 of the NGPP Third Phase Agreement, no NCPA member may become an additional party to the NGPP Third Phase Agreement unless one or more of the Participants ("Allocating Participants") elect to allocate a portion of its Participant Percentage to such Member; and WHEREAS, the Participants now wish to allocate a portion of each of their participation percentages to Gridley so that Gridley may become a member of the NGPP and a signatory to the NGPP Third Phase Agreement. NOW, THEREFORE, the Parties agree as follows: 1. Each of the Participants shall allocate a certain percentage of their share to Gridley, thereby amending their participation shares. The participation percentages and the allocation to Gridley are shown in Exhibit A attached hereto and made a part of this Amendment. 2. Pursuant to Section 7.2 of the NGPP Third Phase Agreement, upon execution of this Amendment, Gridley shall deliver to NCPA, and each other Participant, a counterpart of the NGPP Third Phase Agreement executed by Gridley, and evidence that such agreement has been approved in accordance with its applicable Constitutive Documents and payment of Gridley's share of the Security Account, established pursuant to Section 5.5 of the NGPP 3. Upon execution, this Amendment shall supersede the PSA between Gridley and NCPA. 4. This Amendment in no way alters the terms and conditions of the Third Phase Agreement except as specifically set forth herein. PASSED AND ADOPTED by the Ukiah City Council on April 6, 2011, by the following roll call vote: AYES: Councilmembers Landis, Thomas, Crane, Baldwin, and Mayor Rodin NOES: None ABSTAIN: None ABSENT: None Mari Rodin, Mayor ATTEST: UoAnne Currie, City Clerk s . 9