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Home My WebLink AboutAgenda Report - February 15, 1984 (19)CITY COUNCIL MEETING FEBRUARY 15, .1984 4_.�..�_.+ mow.-.....-.�._� _ _ �\�'•' `', " •1 .. . , ....... _ __ ... _ .. �R �. ISS. APPROVING Agenda item K-2 - "Resolution Regarding Financing and FINANCING AND Planning Activities for Construction of Combustion Turbine PLANNING Facilities Phase II -B was introduced by Staff. ACiIVI i'1 ES PCR CONSTRUCTION ICN OF CJ04MICN UMINE FACILITIES (PHASE I1 -B) RES. ND. 84-015 Council limber Pinkerton asked to abstain fram the discussion and voting because he did not understand the amendment. Following discussion, with questions being directed to the City Manager, City Attorney, and other Staff menbers, Council, on motion of Council Nimber Reid, Snider second, adopted Resolution No. 84-015 approving AmcndentNmber One dated as of March 1, 1984 to Agreement for Financing of Planning and Development authorizing the City Manager and City Clerk to execute the Amendment on behalf of the City. Council further approved a Special Allocation in the am wat of $250,000 to cover the City's participation in Phase II -A and li-B of this project. The heretofore stated motion carried by the following vote: Ayes: Noes: Absent: Abstain: Council Mmt)ers - Reid, Snider, & Olson Council Mmbers - Nbrphy Counci l blarbers - None 1%unc i 1 Mm7be rs - Pinkerton V.A.. + JK s3 h. �`,}t Sri f�.A.r g�"F7f a Northtrn Calft nia Power Againcy 8421 Auburn Boutevara. Suite 160 Citrus He•ghts, California 95610 ROBERT E GRIMSHAW General Manager (916) 722-7815 February 3, 1984 2 TO: Combustion Turbine Project Participants FROM: Gail Sipple SUBJECT: Combustion Turbiti, Second Phase Agreement - Amendment No. 1 Pursuant to Commission action of January 26, 1984 (Resolution No. 84-07), enclosed is a copy of Amendment No. 1 to the Combustion Turbine Second Phase Agreement. This amendment must be approved by your governing body prior to March 1, 1984. Also enclosed for your use is a draft form of a resolution approving the amendment. Upon approval, please return to me an executed ccpy of the amend- ment a'.ong with the supporting resolution. By copy of this letter, I am also forwarding these documents to your City Clerk for processing. Yours truly, C EI veft E e tiAssistant Enc. cc: City Clerks } RESOLUTION NO. 84-07 NORTHERN CALIFORNIA POWER AGENCY BE IT RESOLVED BY THE COMMISSION OF THE NORTHERN CALIFORNIA POWER AGENCY, as follows: Section 1. Section 1 of the Agreement for Financing of Planning and Development Activities for Con3truction of Combustion Turbine Generating Facili- ties ("The Agreement"), dated as of August 1, 1982, first paragraph, third sentence, is amended to read as follows: "The percentage participation of each NCPA member which will be initially a project member is initially established as follows: Alameda 21.82% Healdsburg 5.45 Lodi 45.45 Lompoc 3.64 Rosev`.11e 12.73 Ukiah 9.09 Plumas-Sierra REC 1.82 Total 100.00% Section 2. Section 6 of the Agreement, first paragraph, first sentence, is amended to read as follows: Each Project Member agrees to a total financial commitment for its respective percentage participation of a total of $550,000 principal amount plus interest thereon, if any, including payments and advances heretofore made, as authorized and approved by Project M embers . ' Page Two Resolution 84-07 W Section 3. The General Manager is authorized and directed to transmit the foregoing amendments to the Project Members with the request that they authorize their adoption by resolution on or before March 1, 1984. Section 4. Subject to the execution of the amendment, the General Manager is hereby authorized and directed to enter into a contract with EBASCO Services, Inc. for all services deemed necessary by him to the performance of this agreement. The total amount payable under the agreement for such services shall not exceed $450,000, without further authorization of this Commission. Section 5. It is the intention of NCPA to make every effort to borrow, on the security of the agreement, the remaining money to be expended under the agreement to the extent practical and available on reasonable terms. Vote Abstained Absent City of - Alameda Biggs _�— Gridley _ Nealdsburg-- Lodi Lompoc Palo Alto _ Redding )C Roseville Santa Clara Ukiah Plumas-Sierra ADOPTED AND APPROVED this day of �� 1984. RESOLUTION NO. 84-015 CITY OF LODI is WHEREAS, the City has heretofore entered into that g: certain Agreement For Financing of Planning and Development' Activities for Construction of Combustion Turbine Generating Facilities," dated as of August 1, 1983 ("The Agreement"), among the Northern California Power Agency ("NCPA") and certain of its members; and WHEREAS, the City and the other parties to the Agreement desire to amend the Agreement with regard to their participa- tion in, and financial commitment to, the planning and develop- ment activities which are the subject of the Agreement; NOW, THEREFORE, be it resolved by the Council of the City of Lodi, as follows: Section 1. Amendment No. 1, dated as of March 1, 1984 to Agreement Tor Financing of Planning and Development Activities for Construction of Combustion Turbine Generating Facilities, dated as of August 1, 1983, be, and the same hereby is, approved. Section 2. The City agrees to a total financial commitment for its 45.45% (31.088 f.14) participation share of a total of $550,000 principal amount plus interest thereon, if any, including payments and advances heretofore made. Section 3. The City Manager is authorized and directed to execute Amendment No. 1 to the Agreement on behalf of the City and to transmit it to the Northern California Power Agency prior to March 1, 3.984. Dated: February 15, 1984 I hereby certify that Resolution No. 84-01.5 was passed and adopted by the City Council of the City of Lodi in a regular meeting held February 15, 1984 by the following vote: Ayes: Council Members - Reid, Snider and Olson Noes: Council Members - Murphy Absent: Council Members - None Abstain: Council Members - Pinkerton A ALICE M. REIMCHE City Clerk 84-015 ............................rw+i.......r.�w-.wr.wa wrr uve...a.».,...:...,.:... - ...:..._,1...,.�. :J.. �_....,.:.,..�.u..i..�rL•.e�u:�-:_:. .tac:�::u_wwwswi:a'`s`li�9U: .. .._,F.., km�w.��H,.. :.'aeSLaf7�Trt=. r . Y COLINCII IOHN R. (Randy) NIDE Ror T O O IDI Mayor Pro Tempore CITY HALL. 221 WEST PINE STREET RCBERT G MURPHY POST OFFICE BOX 120 IAMES W. PINKERTON. it. LOBI. CALIFORNIA 95241 FRED M REID (209) 334-5614 February 21, 1984 HENRY M. CLAVES. Jr. City Manager ALICE M_ REIMCHE City Clerk RONALD A1. STEIN City Attorney To: Gail Sipple NCPA Fran: Alice M. Reinche City Clerk Subject: Combustion Turbine Second Phase Agreement - Amendment NO. 1 Enclosed herewith is an executed copy of the above referenced Agreement together with a certified copy of the authorizing Resolution No. 84-015. :eery truly Yours, Alice M. Re City Clerk AMENDMENT NLYMBER ONE Dated as of March 1, 1984 TO AGREFIC-NT FOR FINANCING OF PLANNING AND DEVELOPMENT ACTIVITIES FOR CONSTRUCTION OF COyIBUSTION TURBINE GENERATING FACILITIES Dated as of August 1, 19'84 By and Among NORTHERN CALIFORNIA POWER AGENCY and CITY OF ALAMEDA CITY OF HEALDSBURG CITY OF LODI CITY OF LOMPOC CITY OF ROSEVILLE CITY OF UKIAH PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE This Amendment Number One, dated as of March 1, 1984, by and among Northern California Power Agency, a joint powers agency of the State of California (hereinafter called "NCPA") and the other entities executing this Amendment Number One. WITNESSETH: WHEREAS, NCPA and the other entities executing this Amendment Number One have entered into an "Agreement for Financing of Planning and Development Activities for Construc- tion of Combustion Turbine Generating Facilities," dated as of August 1, 1983 ("The Agreement") to provide for the inves- tigation of the cost and feasibility of installing certain combustion turbine facilities; and WHEREAS, IQCPA and the other entities executing this Amendment Number One desire to amend the Agreement in various respects; NOW THEREFORE, the parties hereto agree as follows: Section 1. Amendments. ( a ) Section 1 of the Agreement, first paragraph, third sentence, is amended to read as folloys: 04 "The percentage participation of each NCPA member which will be initially a project member is initially established as follows: Alameda 21.82% Healdsburg 5.45 Lodi 45.45 Lompoc 3.64 Roseville 12.73 Ukiah 9.09 Plumas-Sierra REC 1.82 Total 100.00$" (b) Section 6 of the Agreement, first paragraph, first sentence, is amended to read as follows: "Each yroject member agrees to a total financial commitment for its respective percentage participation of a total of $550,000 principal amount plus interest thereon, if any, including payments and advances hereto- fore made, as authcrized and approved by Project Members. Section 2. Except as amended by this Amendment Number One, t -he Agreement heretofore existing remains in full force and effect. This Amendment Number One may be executed in several counterparts, all or any of which shall be regarded for all purposes as one original and shall constitute and be but one and the same instrument. -2- IN WITNESS WHEREOF each Project Participant has execu�ed this Amendment Number One with the approval of. -Pts governing body, and caused its official seal to be affixed and NCPA has executed this Amendment Number One in accordance with the authorization of its Commission. NORTHERN CALIFORNIA POWER AGENCY By And CITY OF HEALDSBURG By And CITY OF LOMPOC By_ And CITY OF UKIAH By An -3- CITY OF ALAMEr)A And _ CITY OF ROSEVILLE'• '. By � , • And PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE By An AMENDMENT NUMBER ONE Dated as of March 1, 1984 TO AGREEMENT FOR FINANCING OF PLANNING AND DEVELOPMENT ACTIVITIES FOR CONSTRUCTION OF COMBUSTION TURBIY-0 GENERATING FACILITIES Dated as of August 1, 1984 By and Among NORTHERN CALIFORNIA POWER AGENCY and CITY OF ALA4EDA CITY OF HEALDSBURG CITY OF LODI CITY OF LOMPOC CITY OF ROSEVILLE CIT: OF UKIAH PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE 0 i2 This Amendment Number One, dated as of March 1, 1984, by and among Northern California Power Agency, a joint powers agency of the Stag of California thereinafter called "NCPA") and the other entities executing this Amendment Number One. WITNESSETH: WHEREAS, NCPA and the other entities executing this Amendment Number One have entered into an "Agreement for Financing of Planning and Development Activities for Construc- tion of Combustion Turbine Generating Facilities," dated as of August 1, 1983 ("The Agreement") to provide for the inves- tigation of the cost and feasibility of in -stalling certain combustion turbine facilities; and WHEREAS, NCPA and the other entities executing thus Amendment Number One desire to amend the Agreement in various respects; NOW THEREFORE, the parties hereto agree as follows: - Section 1. Amendments. (a) Section 1 of the Agreement, first paragraph, third sentence, is amended to read as follows: K "The percentage participation of each NCPA member which will be initially a project member is initially established as follows: Alameda 21.82% Healdsburg 5.45 Lodi 45.45 Lompoc 3.64 Roseville 12.73 Ukiah 9.09 Plumas-Sierra REC 1.82. Total 100.00$" (b) Section 6 of the Agreement, first paragraph, first sentence, is amended to read as follows: "Each project member agrees to a total financial com;nitment for its respective percentage participation of a total of $550,000 principal amount plus interest thereon, if any, including payments and advances hereto- fore made, as authorized and approved by Project Members. Section 2. Except as amended by this Amendment Number One, the Agreement heretofore existing remains in full force and effect. This Amendment Number One may be executed in several counterparts, all or any of which shall be regarded for all purposes as one original and shall constitute and be but one and the same instrument. ma H g IN WITNESS WHEREOF each Project Participant has executed this Amendment Number One with the approval of its governing body, and caused its official seal to be a`.fixed and NCPA has executed this Amendment Number One in accordance with the authorization of its Commission. NORTHERN CALIFORNIA POWER AGENCY By And CITY OF HEALDSPURG By And CITY OF LOMPOC BAnd— CITY nid CITY OF UKIAH By And. -3- CITY OF ALAMEDA And CITY OF LODI And CITY OF ROSEVILLE By And PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE By_ And COMBUSTION TURBINE VS PG&E AS PEAKING RESOURCE 1966-1995# GAS TLAGZtE P6a ----e--- —4-- 5.0 500( 4.0 400( 3.0 3000 2.0 2000 0.0 Q YEAR 2/7/84 ki COMBUSTION TURBT14E VS PG&E AS PEAKING RESOURCE 1985-1995* GAS TURBINE ME --•s —4-- H01-1 4-- 4.0 4000 3.0 8000 2.0 2"000 t.0 1000 0.0 ! YEAR 2/7/84 4