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HomeMy WebLinkAboutAgenda Report - October 16, 1991 (62)MA 1 OF �4� CITY OF LO®I 000 COUNCIL COMMUNICATION %%- J AGENDA TITLE: Northwest Resource Third Phase Agreement and the Energy Sale Agreement between NCPA and the Bonneville Power Administration MEETING DATE: October 16, 1991 PREPARED BY: Electric Utility Director RECOMMENDED ACTION: That the City Council approve the NORTHWEST RESOURCE THIRD PHASE ANENT and the ENERGY SALE AGREEMENT BETWEEN NCPA AND THE BONNEVILLE POWER ADMINISTRATION and authorize proper execution by the City Manager and City Clerk and delivery of documents. BACKGROUND INFORMATION: The California -Oregon Transmission Project (COTP) will be i n service early next year which w i l l open a transmission corridor to the Pacific Northwest and its economically pricea nyaroeiectric ana coal-tirea power ana energy. Therefore, it is necessary to have purchase power contracts in place prior to commercial operating date of the COTP to obtain immediate benefit. NCPA has entered into a 20 -year power sale agreement with Washington Water Power Company (WWP), a corporation of the State of Washington, to deliver firm capacity and associated energy, as scheduled by NCPA, to be imported into California over the California -Oregon Transmission Project. The power and energy w i I I be distri;;uted to the participants i n the above-mentioned contract on the basis of percentage participation' stated therein. The purpose of the NORTHNEST RESOURCE THIRD PHASE "AREEMENT is to establish the participation percentage of power purchased f= WWP which NCPA i s obligated to make available to each participating NCPA member. WWP must transfer that power and energy for export f= the Northwest through Bonneville. Three parties are required to move power out of the Northwest - a BUYER (NCPA), a SELLER (WWP) and BONNEMLLE. The purpose of the ENERGY SALE AGREEMENT BETWEEN NCPA AND THE BONNEMLLE POWER ADMINISTRATION is to duly recognize Bonneville as the Pacific Northwest "Marketing and Transfer" agency for all transfers of power out of the Northwest. Transfers of power and energy from Canadian power agencies and northwest agencies a I I require formal agreement and acceptance by Bonnevile. This agreement, authorized by Bonneville, allows NCPA to transfer power and energy once i t (NCPA) has authorization from its members. APPROVED THOMAS A. PETERSON City Manager CC-10.16/CO.COM cc -1 01 r Northwest Resourco Third Phane : Agreement and the Energy Sale Agreement betwoom NCPA and the Bonneville Power Administration October 16, 1991 Page Two Approval of th@ above-mentioned agreements pursuant to the attached Resolution will ensure proper mCution of the necessary documents to assure timely participation in the benefits of the COTP upon commercial operation. FUNDING: Not Applicable Henry J. Rice Electric Utility Director cc: Manager, Rftte§ & Resources CC-10.16/CO.COM Ii RESCLUIION NO. 91-191 A REgOLUIION OF THE LORI CITY COUNCIL, AUHi0F2 LVCT Eg3aJ N OF ENERGY SALES AGREEMENT BE IT HEREBY RESOLVED as follows: The Energy Sales Agreement proposed among the United States of America, acting by and through its Bonneville Power Administration, the Northern California Power Agency, and the City of Lodi is hereby approved and the City Manager and City Clerk are hereby authorized and directed to execute the agreement on behalf of this party. Dated: October 16, 1991 I hereby certify that Resolution Mo. 91-191 was passed and adopted by the Lodi City Council in a regular meeting held October 16, 1991 by the following vote: Ayes: Council Members - Pennino, Pinkerton, Sieglock, Snider, and Hi nchman (Mayor} Noes : Council Members - None Absent: Council Meabers - None Alice M. Reimche City Clerk 91-191 RES9I191/TXTA.01V N RESOLUTION NO. 91-192 A RESOLURON OF THE LODI CITY COUNCIL AUIHORIDNG EXR,UHON OF NORTHWEST ROSOLKE THIRD PHASE AGREEMENT BE IT HEREBY RESOLVED as follows: The Northwest Resource Third Phase Agreement is hereby approved and the City Manager and City Clerk are hereby authorized and directed on behalf of this Participant to execute such agreement. Dated: October 16, 1991 I hereby certify that Resolution Na 91-192 was passed and adopted by the Lodi City Council in a regular meeting held October 16, 1991 by the following vote: Ayes : Council Members - Pennino, Pinkerton, Sieglock, Snider, and Hinchman (Mayor) Noes : Council Members - None Absent: Council Members - None Alice M. Reimche City Clerk RES91192/TXTA.01V CITY COUNCIL DAVID M HINCHMAN. Maya JAWS W. PINKERTON. Ir Mayor Pro Tempore P;ULLIP A. PENNING )ACK A SIEGtOCK JOHN R (Randy) SNIDER October 4, 1991 CITY OF LODI CITY HALL, 221 WEST PINE STREET P.O. BOX 3006 LODI, CALIFORNIA 95241.1910 (209)334.5634 FAX (2091333-6795 Dennis W. DeCui r McDONOUGH, HOLLAND & ALLEN A Professional Corporation Attorneys 555 Capitol Mall, Suite 950 Sacramento, &A 95814 Subject = Northwest Resource Third Phase Agreement; Washington Water Power Company 20 -Year Power Sale Agreement; Bonneville Power Administration Mitigation Agreement Dear 1V4 DeCuir: THOMAS A PETERSON City Manager ALICE M REIMCHE City Clerk BOB McNATT Citv Attorney I am counsel t3 the City of Lodi (Participant). I have been requested to furnish to you ny opinion regarding the authority of the Participant to execute and implement the Northwest Resource Third Phase Agreement, which supports the 20 -Year Power Sale Agreement, September 1991, between the Washington Water Power Company (WWP) and the Northern California Power Agency (NCPA), and the Energy Sales Agreement (Mitigation Agreement), between the United States of America acting by and through the Bonneville Power Administration, and NCPA and the Participants. I have reviewed California law, and the local laws, ordinances, and regulations of the Participant. Based upon rry review, it is rry opinion that the Participant has duly and regularly authorized, and is fully empowered to, execute and deliver the Northwest Resource Third Phase Agreement and the Mitigation Agreement, which are enforceable against the Participant in accordance with their terms, subject to the laws of bankruptcy, moratoria, and creditors rights generally, and the proper exercise of judicial discretion. In ny opinion, NCPA is authorized to enter into the 20 -Year Power Sale Agreement with WWP on behalf of, and as agent of the Participant. Very truly yours, 606 W . STT City Attorney BM: VC NCPA2/TXTA .01V