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HomeMy WebLinkAboutAgenda Report - January 21, 1981 (39)VAR 7 ON 1, nj 44 SOON jqjT tin, oil m; k• o Alms - Air pit now joy is Ni, . ma z W YO, 0 O Northern California Power Agency 770 Kiety Boulevard a Santa Clara. California 95051. (408) 248-3422 ROBERT L GRiMSHM Genwal Manow January 5, 1981 TO: Nembers of -the NCPA Commission f ROW. Robert E. Grimshaw SUBJECT: Ordinance Authorizing the Northern California Power Agency to Issue Revenue Notes Enclosed is a.proposed ordinance that was prepared by our Bond Counsel wit; respect to the-pubiis financing of our Shell project. The original ordinance that was passed did not allow for the issuance of Bond Anticipation Notes. The purpose of this ordinance is to rectify that oversight. The authority to issue Bond Antici paean Rotes is to ther members benefit. it allows greater financial flexibility and, therefore, potecttial savings. I strongly recommend this ordinance be approved by your governing body as promptly as possible. Other than authorizing the issuance of Bond Anticipation Notes, there is no other change in the authority previously approved. Should you have any questions regarding this ordinance;_ please do not hesitate to contact my office. Yours truly, r ROBERT E. GRIMSHAW General !tanager - Enc. 0 o DRAFT NO. 2 ' 12/2 3;/ti,Q DRI : s-Yn NCPA 627,758-2 , ORDINANCE NO. CITY OF AUTHORIZING THE NORTHERN CALIFORNIA POWER AGENCY TO ISSUE REVENUE NOTES WHEREAS, by Ordinance No, of the City of , the Northern, California Power Agency ("NCPA") organized under that certain Joint Powers Agreement to which this city is a party, dated July 19, 1968, as amended, was authorized to issue revenue bonds, as provided in said Joint Powers Agreement, pursuant to the provisions of Article 2 (commencing with Section 6540), Chapter 5, Division 7, Title l of the Government Code of the State of California in an amount not to exceed Twenty -Eight Millon Dollars ($2$,000,000) ("Bonds"), for the project described in said ordinance respect to the Bonds shall apply to the Notes authorized here- under. Section 2. The project or studies or other preliminary cost to be funded (including reimbursement) by the Notes hereby- authorized is the loaning of funds to Northern California Municipal Power Corporation No. Two, Non -Profit Corporation (the "Corporation"), for the purpose of acting on behalf of NCPA in the acquisition, construction, maintenance and operation -of a power plant (using geothermal steam -produced from certain leasehold interests of Shell Oil Company in --Sonoma: County-, California and provided to NCPA pursuant to a -geothermal steam sales agreeement dated as of June 27, 1977, as amended), andotherfacilities and appurtenances necessary or convenient to such plant, including transmission lines. Section 3. The maximum amount of Notes to be issued for the purposes described in Section 2 shall not exceed Twenty -Eight Million Dollars ($28,000,000); the same as the, amount of the Bonds. Section 4. The anticipated sources of revenue or other funds to pay the principal and interest of the Notes are loan repayments to be made by the Corporation to NCPA under an appropriate loan agreement and to be dr_r.ived from the sale'of bower 2. produced by the plant referred to in Section 2 hereof and any payments made by certain NCPA menbers pursuant to Section 5(b) of the "Member Agreement For The Construction, operation and Financing of NCPA Geothermal Generating Unit Project #2" as may front time to -time be amended; provided, further, such sources shall also include the proceeds of revenue bonds including the Bonds, or renewal -of the Notes; in addition such Notes may be secured by a guaranty, letter of credit or other obligations or funds of a bank or private financial institution. Section S. The Cities of Palo Alto, Redding: and Biggs are not participants in the acquisition, constructions_, maintenance, operation or financing of the plant .referred . to .In the recitals hereof and nothing in this ordinance shall mean or be construed to mean that the City of Palo Alto, the City of Redding or the City of Biggs has assumed or agreed to assume any financial or other responsibility or liability associated with the acquisition, construction, maintenance, operation or financing of such plant. Section 5. This ordinance is subject to the provisions for referendum prescribed by Section 3751.7 of the Elections Code of the State of California. Subject to the 3. foregoing, this ordinance shall take effect and be in force sixty (60) days from the date of adoption. Section 7. The City Clerk of the City is hereby directed to cause this ordinance to be published within fifteen (15) days after its adoption in a newspaper of general circulation within the City of and shall also do all other things required to cause notice of the adop— tion of this ordinance to be published in the manner required by Section 6040.1 of the Government Code of the State of Cali- fornia. Presiding officer sof the Council Attests City Clerk Approved as to forms January 5, 1981 TO: Members of the NCFA Commission FROM: Robert Grimshaw SUBJECT: Member Service Agreement Ma CITY OF LODI CITY HALL. 221 WEST PINE STREET LODI, CALIFORNIA 95240 (209) 334-5634 Mr, Robert Grimshaw C January 29, 1981 General Manager Northern California Power Agency 778 Kiely Boulevard Santa Clara, CA 95051 Dear Mr. Grimshaw: HENRY A. CLAVIES. )► PLY MATOW ALICE n REIMCHE aby perk RONALD AL STi1N Clty- Att ploy Enclosed please find a certified copy of Resolution No. 81--13 approving the Northern California Power Agency Member .Service Agreement and authorizing the Mayor and City Clerk to execute the Agreement on behalf of the City. Alam- attached -please find two executed copies 7of the Agreement.. Please return. a. fully executed copy of this Agreement at your earliest convenience. Very truly yours, Alice M, R&C4t1htVe-j City Clerk AR:dg Enc. G RESOLUTION NO. 81 -13 - RESOLUTION APPROVING NORTHERN CALIFORNIA POWER AGENCY MEMBER SERVICE AGREEMENT AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE THE AGREEMENT ON BEHALF OF THE CITY RESOLVED, that the City Council of the City of Lodi does hereby approve the Northern California Power Agency Member Service Agreement, a copy of which is attached hereto-, marked Exhibit "A" and thereby made a. part hereon. BE IT FURTHER RESOLVED, that the Mayor and City Clerk etre hereby authorized to execute the subject agreements on behalf of the City. Dated: January 21, 1983 I hereby certify that Resolution No. 81-13 was passed and adopted by the City Council of the City of -Lodi in a regular meeting held January 71, 1981 by the fdllowi-ng vote: Ayes: Councilmen - Murphy, Pinkerton, Hughes, and Katnich Noes: Councilmen - McCarty Absent: Councilmen None ALICE M. REIMCHE City Clerk ' 81-13 -19-80 #1663A NORTHRIM CALIFORNIA PMER_ AGENCY - MSM ER SERVICE AGREEMENT TABLE OF CONTENTS Page- age_Article ArticleI. Definitions 2' y Article II. Project Services 4 2.01: Scope" 4 .. 2=.0Z.- Phases` 2.03: Participation 5 2.040 it Service Schedules 7 . 2405.- - -Project Voting 9 - '1.06' Other Projects 8 ... 2.07. Use of NCPA Consultants 9 2._08 Nw-Unilateral Negotiation 30., Article III. Power and Energy Sales to the Member` 10 3.01. NCPA Projects °1L0 3.02. Supplemental Power Supply `10. Article IV. Scheduling of Resources ' . 4.01. NCPA 'Projects and Supplemental Power Supply 11. 40'02. Other Member Projects 4.03. Method Article V. Planning s 5.01. Forecasts by Members 1Z �y .. H;' o 5.030- Assistance to Members 12 12 at ��_ { 503. Adoption of Plan 5.04. Forecast Errors 13` } • w 3 ��Y Y.pf�' ••yy-r •. 11--19-80 #1663A NOIt=RN CALIFORNIA -. POWER. AGENCY h . -MEMBER : SERVICE . AGREEMENT This Member service Agreement, hereinafter referred to as the "Agreement", is wade and entered into effec- tive , 198fi,'by and between the Northern California Powerenc hereinafter referred to as � Y "NCPA*v_ and.the signing Cities, not fewer than eight, of the Cities of Alameda, Biggs,. Gridley, 8ealdsburg, Lodi, Lompoc,-Palo Alto, Redding, Roseville, Santa Clara and �. Ukiah, and-.'Flumas=Serra Rural Electric Cooperative,. hereinafter- individually or collectively referred -to a "Members' unless the context requires otherwise. WHEREAS,.;NCPA.has heretofore been duly established as - a public agency'pursuant to. the .Joint Exercise of;.Powers - Act of , the Government Code - of the State of California and, Among other things, is authorised to acquire, construct, e ' finance,.and:operate buildings, works, facilities. and Improvementw-for,: the generation and transmission of elec- tric power and energy for resale to public and. private i - nears f •and < : <��-Y - • NB88RBAS, each of the Members owns:a system.,for the distribution "of - electric power and energy for public a - e C) private use and is authorized to obtain electric power and energy for its present or future requirements, through con- tracts with NCPA or- otherwise= and:,, WHEREAS_, NCPA -has established and may establish pro- jects for the supply of electric power and energy and may provide other services relating thereto to some-or all of the Members from time to time-upon their request, and the Parties desire to formalize their relationships to provide tba framework and certain terms of future agreements to be entered into between them, to avoid misunderstanding, and to facilitate the activities of NCPA] W1, THERMA$, in consideration of the covenants of each of the ftYties hereto, it is berebg agreed as follows:-` =AM- CLE I-_ DEFINITIONS 1.00. The following terms, when used in this Agree- ment With the first letter capitalized, whether in the singular or the plural, shall have the following meanings= 1.01. "Delivery Point" for purposes of-8eations 9O1 and 9.02 is the point or points where electric power-+and:' energy enters the electric distribution system,of each--or the Members. 1.02. "Development Fund Projects" mean projects _under the "NCPA Member Agreement for Participation ..in- Electric Power Development Fund". dated as of May I r "1978, - as 0.2_ A: cle k amended, commonly referred to as the "Development Fund Agreement. 1.03._ "First Phase" is defined in section 2.02(a) hereof. - 1..04. "NCPA" means the Commission of NCPA. . 1.05. "NCPA Percentage Participation*. for any member for the most recent prior calendar year means the ratio of the maximum firm electric power demand of such Member_ for the year as reported to the Federal Energy Regulatory Commission, to the total of such demands for all NCPA' , Members. 1.06. "NCPA Project" is defined in section 2.01. ,,. 1.07. "Participating Member" means a member who enters Into an agreement with NCPA relating_ to the Second Phase or Third Phase of an NCPA-Project. 1008. "Project Participation Percentage" means the percentages of participation of a Participating Member in an NCPA Project as specifically set forth in an agreement between NCPA-and all Participating Members. Such agreement shall be a Service Schedule 1.09. "Second Phase" is defined In section 2.02(b). "Supplemental Power Supply" means any sources of power other than on NCPA Project. 1.12. "Third Phase" is defined in Section 2.02(c). 1.13. "uncontrollable Forces" means act of God, a public enemy, sabotage, strikes, lockouts, riots, rebellions, injunctions, or interference through legal pro- ceedings, muncipal, State or Federal laws or regulations, - or the requisitions of any governmental or acting authority, beyond the reasonable control of the Party. ARTICLE II PROJECT SERVICES 3.01. Scope. All projects undertaken by NCPA beyond first the phase shall be known as NCPA Projects, and the relationships'between NCPA and its Members with respect to all phases of NCPA Projects shall be as provided for in this Agreement, except where the Service Schedule provides otherwise. 2.02. Phases. Any project undertaken by NCPA may have one or more of the following Phases: - (a) First Phase consists of all preliminary •' Investigation work done by NCPA staff on a project supported solely out of its general funds and prior to the time that" NCPA declares it as an NCPA Project. For the 4 y shall "'not be greater' than the' WCPA Percentage Participation of ttie Member divided by the sum of'NCPA Percentage Par- tiaipation' of `'all 'Participating Members, unless the NCPA Project is not fully subscribed because one or more of the Participating Members elects to have a project Participa- tion, `Percentage'- less than its maximum percentage. Xn such case any unsubscribed portion of the VCPA Project shall be divided ung Participating Members electing to'increaso their share`in proportion to their respective Project PereentiPartieipation; unless otherwise unanimously agreed to by the Project Participating Members electing to- fnarease- tiefi share. Aa .agreement between NCPA and its Participating Members, relating to the Third Phase of -an NCPA 'Pt-* jet shall provide for reimbursement of the expenditures of. Members In�the Second and Third Phases of such project, along`-with interest as provided for in the appropriate Bervice.Schedule,.out of final long tern financing of the 1QGPA Project. Those who are not Participating Members in the Second Phase may participate in the Third Phase provided no Second .Phase Participating Member objects within 45 days after. f mitten notice of a desire'to participate. This section shall not apply to Development Sd»d -•6- ♦ e 2.04._ ;:.Service Schedules. All. agreements between NCPA and Participating Members relating to the Second and Third Phases. of::NCPA. Projects including Development Fund Projects shall be attached to this Agreement as Service Schedules,; and shall be.numbered consecutively in the order of their approval. e 2.05. Project Voting. All Service Schedules for NCPA Projects other than - Development -Fund Projects, Calaverasp and Feather River shall provide as follows: (a) that a quorum of the Commission# for pur- poses of acting upm-_matters relating to an NCPA Project, e shall'consist of those Commissioners, or their designated... alternates, representing a numerical majority of the Participating -Members in such project, or, in the absence of such, those;. Commissioners. representing Members...having..a ' Y t p ' yp 6 tl• p {dj that upon demand of any Commissioners including alternates) of Project Participants in the involved NCPA Project, at any meeting of the Commission other than the special, meeting referred to in paragraph {b} i,,bove@ the vote on any issue relating to such Project shal-k be by Project Participation Percentage and 65% or greater affirmative vote shall be required to'take action. meeting written notice of veto to NCPA unless at a ., Commissionersor .. •:., • " is for the purpose of considering the veto, held within 30 days after such veto notice, the holders of 65% or more of the Project Participation Percentage shall vote to over- ride the veto. (f) that 65 of percentage participation Speci- fied in 'this section shall be reduced by the amount that e percentage participation of any member shall. exceed 35t& but such 65 shall not be reduced below 50%. 2.06® Other Projects. Members signing this Agreement shall not pursue the development of power projects outside of their city limits (or service areas in the case of Plumas-Sierra Rural Rlectric Cooperative) either alone or r� members' notification of NCPA, then no m:-:,mber shall pursue such project individually or in combination with other As f::in this'f "Power .:f:•- •-includes construction or ownership in whole or. in part, of a power generation plantp and includes the purchase of power from sources'Aher than Pacific Gas and Electric Company or Western Area Power Administrationp but does not include any non-NCPA power project without first notifying NCPA. -9- with PG E, said member agrees that the agreement shall con- tain a provision which provides that the agreement may be superseded by any subsequent NCPA/PG&E interconnection agreement that provides for, among other things, comparable services contained in the Member/PCVE agreement® ARTICLE Xis POWER AND ENERGY SALES TO THE MEAIBBR 3a 01. NCProjects. As specified in Service Schedules attached hereto, NCPA shall deliver, or cause to be delivered# to the point of delivery the Member's parti- cipation share of the capacity and energy from such speci- fied NCPA Projects® 3.62® sup2lemental Power Su l NCPA shall, deliver ° or cause to delivered Supplemental Power Supply from the suppliers of such capaciiy and energy to Members to the tent, if any® provided for in an agreement to be entered into between NCPA and such Members and attached hereto as a Service Schedule® NCPA's obligation to provide Supple- mental upplemental. Power Supply to any Member under such a Service ° -10- _ °I Schedule shall, -,be limited to the supplying party"s obliqa7- provide, 1 e energy the agreement or'. agreements: to provide capacity and energy between NCPA anA the supplying party which shall become Service Schedules hereto. The Member shall pay to NCPA an for providing -such SupPower Supplyo the ARTICLE IV 4®01® NCPA Pr® ects and Supplemental Power SqpplX. NCPA shall schedule.all.power from NCPA Projects® and shall schedule all power from PG&E or other suppliers which the Members have requested NCPA to obtain for thea, all in accordance with Service Schedules comprising agreements between NCPA and such Participating Hembefs wbich shall be attached hereto. 4,02. Cather Member Projects.. NCPA may also schedule power from ether projects in which the Members are Involved, pursuant to an agreement between NCPA and such o Membersp..which agreement shall be attached hereto. as a Service Schedule. Such scheduling shall not be undertaken in a fashion that will reduce the benefits to Members of scheduling under the next preceding section 6 4.03® Method. Scheduling by NCPA may be provided directly by NCPA, or pursuant to a contract between. NCPA all_ and an®thar entity which vill provide that function, with appropriate controls exercised by NCAA as may' be provided in a Service Schedule between NCPA and its Members. 5®02® Assistance to Members. A Member may upon request, and agreement to pay the costs thereof, obtain assistance from'NCPA in preparing the forecast, pursuant to an agreement between such Member and NCPA which shall be attached hereto as a Service Schedule; but obtaining such assistance shall not relieve the Member of responsibility for the forecast® .03. Adoption of Plan. on the .basis of the fore- casts and other data supplied to DCPA by its Members, NCPA shall prepare in cooperation with such Members a plan for the supply of capacity and energy to all Members. Such plats shall be updated annually and shall include existing and potential, sources of capacity and energy including NCPA _12- 2. other Members participating in the project w shall have a right of first refusal, and other NCPA members shall have the second right, pursuant to paragraphs 4 and 5 of this section 6.01® p ARTICLE V11 Records •unts. NCPh shallp accurate records and accounts for each NCPA Projectp for supple- of Accounts Prescribed f or Public Utilities and Licensees Subject to the Provisions of the Federal Power Act, as amended from time to times and shall be audited annually by public a firm of independent certified reputation. Such records and accounts shall be made i�zltted t6 the Member not later than four months after the is of NCPA's Iriscal Year. such reiports and records which are required or may be required -by the California Energy Commissions, the FederaL---. Onergy Regulatory Commission or ether such local, state or SAM p m I q 09 ^ a .f edexal agencies, as such reports' azid records are required or NCPA to fulfill its obligations sander this Agreement. 7®03. Reports to Members. NCPA will, prepare and issue to the Member the following reports each month of the contract year: no Financial, operating.Statement. b. Status of Annual Budget. o. Such additional. reports as are required Lander the Service Schedules to which Member is a signatory. ARTICLE Vill BUDS ®01® Principles. it is the intention of the parties hereto that the responsibilities and level, of effort of NCPA's staff is set forth in this Agreement and the -Service Schedules attached heretop and that funding and support for er staff will tae provided by the Members to allow it to per- form form the functions mandated to thus herein® 0402. Adoption® NCPA shall prepare and submit. to the Kembers,bt least three calendar months prior to each July 1, a proposed Annual Budget for the ensuing Fiscal, Year® .,The ual Budget shall include costs identifiable for each Service Schedule® casts associated with NCPA fulfilling other obligations as identified her6inn (General Fund), as s c C 0.03® Amendments. ouring each Fiscal Year, NCPA shall from time to time review the Annual, Budget for such Fiscal Year. In the event such review indicates that the BudgetAnnual or substantially correspond with actual receipts and expendituresv or If at which shall, supersede the Annual, Budget or amended Annexal, Budget® 0.04® Xnformation. NCPA shall cause staff to develop a detailed progress reporting system® This system shall be based o presenting reports onG monthly basis Yr is to status of work (actual status of work compared to planned status ofwork) and with regard to cost (actual, costs to date compared to Manned costs to date) 0.05® Payment. Each member shall, pay amounts due in accordance with the budget adopted pursuant to Section 8602 in four equal, amounts payable on or before July _1s. October l* J#nuary I and April I. If the budget is amended -17- t during the year® the remaining payments for that year shall -be adJusted to:refleat the amended budget. Any payments not made S hin 30 days following the due date shall bear interest at the prime rate of the Bans of America NT & SA® thea in effect computed on a daily basis plus two percent Until paid. Nothing in this agreementobligate pay more to NA than is provided In ZEA®s joint powers agreement and in Service Schedules approved by it attached hereto. ARTICLE XX 9.01. Division f. • the Hem . bersp shall be responsible for the transmissiong control&or r "f of electriccapacity and harmless the one indemnified, its agents& servants, and employeest from and against any and all liability and any and all losses, damages, injuriesp costsp and expenses& Including expenses incurred by the one indemnified, its AMICLE X ASSIGNMENT OF AG NT 20.01. Limitati®ns, This Agreement, exclusive . cf e Service Schedules'v shall inure to the benefit of and shall be binding upon the resp+-ctive successors and o ®-19- or any Trustee designated in a Bond Resolution any of NCPA's rights under the provisions .of this Agreement exclu- sive of any Service Schedule except as expressly provided therein Upon the execution of such assignment and pledge® such assignee shall have the ii,ghts and remedies herein provided to NCPA,, and any reference herein to NCPA shall he deemed' with the necessary changes in details to include b such assignee which shall be a third -party beneficiary o the covenants and agreements of the Member herein contain 20- Service Schedules attached hereto® whichever occurs last. 12.02. Termination �x Members"' 'Notwithstanding the above$ the Member terminate participation this maw Agreement at any time upon three years' written notice to CIA, provided, however, that such terminating Member shall be obligated for all expenses and liabilities incurred prior to the effective date of such termination on its pursuantbehalf by NCPA .: Agreement# and shall maintain its rights and liabilities as contained in the Service Schedules attached hereto® Fur- therg such terminating Members shall in any event be obli- and as are' a part of the security afforded by this Agree - Ment for the payment of principal of and premium, if any, and interest on any outstanding Bonds® 12®03 Execution of Agreement. Members of NCAA desiring to enter into this Agreement must execute this Agreement before February 12, 1.981.# provided, however, members of NCPA may enter into this Agreement after such date upon a showing of good cause and with the approval of the Participating Members in accordance with the voting Irocedures of Section 2.05 herein4p but.in no event after G'ebruary 12p 1982.. This section does not apply to public �Antities that become mem6ers of NCPA i r31111 •'. counterpart of this agreement with the approval of its governing body, and caused its official seal'to be affixed C and CITY OF GRIDLEY 13y m z - -24-