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HomeMy WebLinkAbout2008-08 NCPA 2nd phase agreementRESOLUTION 2008-08 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH APPROVING THE NORTHERN CALIFORNIA POWER AGENCY REVISED SECOND PHASE AGREEMENT FOR FUNDING THE PLANNING AND DEVELOPMENT ACTIVITIES OF THE LODI ENERGY CENTER WHEREAS: 1. The City of Ukiah ("City"), has a municipal electric utility, is a member of the Northern California Power Agency ("NCPA"), and is an electrical "Load Serving Entity" within the California electrical transmission grid; and 2. The City through the City Council desires to obtain reliable energy resources for the City's electric customers and has identified the need for additional power; and 3. In December 2006 the City Council authorized the City Manager to execute the Second Phase Agreement for Funding the Planning and Development Activities of the New Lodi Project; and 4. Entering into the Second Phase Agreement will provide an opportunity for the City to meet capacity and energy power goals, reduce reliance on power purchase agreements and associated fuel price volatilities, and assist the State of California in meeting it reserve requirements and energy goals, and will reduce costs by economies of scale, avoiding duplication efforts; and 5. Changes in the green power market have hindered the acquisition of green power resources; and 6. The NCPA Commission on November 29, 2007, approved the NCPA Revised Second Phase Agreement for Funding the Planning and Development Activities of the Lodi Energy Center; NOW, THEREFORE BE IT RESOLVED, that: 1. The City Council of the City of Ukiah hereby: a) approves the NCPA Updated Second Phase Agreement for Funding the Planning and Development Activities of the Lodi Energy Center attached hereto as Exhibit 1, and b) authorizes and directs the City Manager to sign the NCPA Updated Second Phase Agreement for Funding the Planning and Development Activities of the Lodi Energy Center. 2. The City Council a) authorizes the City of Ukiah's 8 MW participation in the Lodi Energy Center; b) authorizes an expenditure of an amount not to exceed 3.137% of $25,000,000 or $784,250 as the total expenditure amount by the City of Ukiah for Second Phase Agreement for Funding the Planning and Development Activities of the Lodi Energy Center, and c) appoints the City's Electric Utility Director, or his/her designee, as the City's authorized representative under the Second Phase Agreement with the i RESOLUTION 2008-08 authority to undertake project votes and other administrative actions required under the Agreement. PASSED and ADOPTED on January 16, 2008, by the following vote on roll call: AYES: Councilmember Thomas, McCowen, Baldwin, and Mayor Crane NOES: None ABSENT: Councilmember Rodin ABSTAIN: None TTE row erk PROVED: ~\ Dougla .Crane, Mayor 2