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Home My WebLink AboutAgenda Report - June 17, 1981 (58)- t � r s f �. � i � x`'7 S �� c� � �q C 1 i k S� a < < ' f < �� r c s \ '' ,, . ., 'P [,Or I '? t j' - 4•'� �:%'..��. CITY COUNCIL NAMES A. MCCARTY. Mayor ROBERT G. MURPHY. Mayor Pro Tern RICHARD L. HUCHfS WALTER KATNiICH JAMES W. PINKERTON. Ir_ CITY OF LODI CITY HALL. 221 WEST PINE STREET POST OFFICE BOX 320 LODI. CALIFORNIA 95241 (209) 334-5634 July 31, 1981 HENRY A. GLAVES. Jr. City Manager Altai M. REIMCHE City Clerk RONALD Mt STEIN City Attorney TO: Gail Sipple FROM: Alice M. .11e1mche SUBJECT: Notice of Adoption for Two Ordinances and Member Agreement for the Shell East Block Geothermal Project Pursuant to your June 17, 1981 letter, enclosed please find the following documents pertaining to the above referenced project. 1. Executed copy of each ordinance. 2. Proof of publication of ordinances and and Notice of Adoption for each ordinance. 3. Certified copy of minutes adopting both ordinances,. Yours truly, ?- y!'G 'C.& ALICE M. REIMCHE City Clerk Enclosure ORDINANCE NO. 1229 CITY OF LODI AUTHORIZING THE NORTHERN CALIFORNIA POWER AGENCY TO ISSUE REVENUE BONDS (SHELL EAST BLOCK PROJECT - SECOND PHASE BONDS) BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LODI that: Section 1. - Northern California Power Agency organizers under that certain Joint Powers Agreement to which this City is a party, dated July 19, 1968, as amended ("NCPA") is authorized pursuant to Section 6547 of the Government Code to issue bonds, notes, including bond anticipation notes, or other evidences of indebtedness (to be hereinafter referred to as "Second Phase Bonds") to the full extent permitted by the provisions of Section 6540 et seq. of the Government Code (the "Bond ;Act"). Section 2. - The project to be temporarily financed by the Second Phase Bonds hereby authorized is the purchase of the right to obtain electrical capacity produced by Northern California Municipal Power Corporation No. Three, nonprofit corporation (the "Corporation"), which has agreed to act on behalf of NCPA to carry out the acquisition, construction, maintenance and operation of a power plant and other facilities and appurtenances necessary or convenient: to such plant, including transmission lines and geothermal steam wells ("Project") -1- (said geothermal steam to be produced from certain leasehold interests in Sonoma County, under a "NCPA EAST BLOCK GEOTHERMAL STEAM SALES AGREEMENT" between NCPA and Shell Oil Company, dated as of September 15, 1980. Section 3. - The estimated amount of Second Phase Bonds to be issued for the purposes described in Section 2 is; five million five -hundred thousand dollars ($5,500,000.00); provided that nothing herein shall be deemed to prevent the issuance of additional Second Phase Bonds to the extent such additional bonds are required to complete the temporary financing of the project described in Section 2 hereof including the issuance of bond anticipation rates and refunding bonds therefor. Section 4. - The anticipated sources of revenue or other funds to pay the principal and interest on the Second Phase Bonds are payments under the "Member Agreement (Second Phase) for Financing or Planning and Development Activities" entered into between the members of NCPA and NCPA as of June 1, 1981, or additional Second Phase Bonds (including Second Phase Bonds used for refunding purposes); provided further such sources shall also include the proceeds of Third Phase Bonds payable from revenues for electricity generated from the project, separately authorized pursuant to Section 6547 of the Bond Act by subsequent ordinance for the purpose of permanent financing of the Project ("Third Phase Bonds") or bond anticipation notes in anticipation of the Third Phase Bonds; in addition, such Second Phase Bonds may be secured by a guarantee, letter of credit or other obligations or funds of a bank or private -2- financial institution. 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 foregoing, this ordinance shall take effect and be in force sixty (60) days from the date of adoption. Section 6. - The City Clerk of the City is hereby directed to cause this ordinance to be published within fifteen (15) days after its adoption in the newspaper of general circulation within the City of Lodi and shall also do all of the things required to cause notice of be published in the manner r Government Code of the State Attest: City Clerk Approved as to form: C ty Attorney adoption of this ordinance to by Section 6040.1 of the a residinu OUicer of the Counc I, Alice M. Reimche, City Clerk of the City of Lodi, do hereby certify that Ordinance No. 1229 was introduced at a regular meeting of the City Council of the City of Lodi held June 3, 1981 and was thereafter passed, adopted and ordered to print at a regular meeting of said Council held June 17, 1981 by the following vote: -3- w•st!a:i:2t.ry gEeyw�aew'a"'r.s'wl.r.."""'...�..�""^°^gT'T'i^r' �."{z`��-, T'i:.'��. Ayes: Councilmen - Hughes, Katnich and McCarty Noes: Councilmen - None Absent: Councilmen Murphy and Pinkerton Abstain: Councilmen None ALICE M. REIMCHE City Clerk -4- PROOF OF PUBLICATION (2015.3c.C.P.) STATE OF CALIFORNIA. County of San Joaquin I am a citizen of the United States and a resident of the County aforesaid; I am over the age of eighteen years. and not a party to or Interested In the above - entitled matter. I am the principal clerk of the prin- ter of the Lodi Life & Times. a newspaper of general circulation. published biweekly In the City of Lodi. California. County of San Joaquin. and which newspaper has been adjudged a newspaper of general circulation by the Superior Court of the County of San Joaquin. State of California. under the date o! Nov. 12. 1980. Case Number 153849; that the notice. of which the annexed Is a printed copy (set do type not smaller than -non-pareil). has been published in each regular and entire Issue of said newspaper and 'not In any supplement thereof on the following dates; to -wit: ................ JIMP-2,59 ....................... all In the year 1981... I certify for declare) under penalty of perjury that the foregoing is true and Correct. Jr.....Dated at Lodi. California. this .2...day of ............... 198.1. Proof of Publication of Notice of Ad&p'!Gn of Ordinance. ...................... . .................... No. 1229 r1WAV IM -.IMI CTIVOPLOW "o"00FA9,000190ft . ..................... OFOMDWUWM . ...... 160.13" . MM. M-W"'Y. .*O"x P~ A 3M.1 d.. r1ls.e 041* #0 10" go ft Cow -it" Oram ***van am V --&VP 0 ftbaw-wov" -HWA L gnature C.%$.Z- -M soot 080T.MW M -m 5ALS AOMPOW I do" jrsq uftutxnA& 'a two 6V ftVW&.P.1 J*..W.0 b-04 r11i1 M.- rills b.W 4 bWA bw _-W ==WHCPA --dooa M.. MMW 5—W ft— %%b 0. D.W At- A& 0VG.'A 01V 01 1001 An 23, M. ft wow -6 b, This spa' —f..r the County Clerks Filing Stamp PROOF OF PUBLICATION Pot 15.5 C.C.P.) STATE OF CALIFORNIA, County of San Joaquin I am a citizen of the United States and a resident of the County aforesaid; I am over the age of eighteen years, and not a party to or Interested In the above - entitled matter. I am the principal clerk of the prin- ter of the Lodi Life & Times• a newspaper of general cIrculation, published bi-weekly In the City of Lodi. California. County of San Joaquin. and which newspaper has been adjudged a newspaper of general circulation by the Superior Court of the County of San Joaquin. State of California. under the date of Nov. 12, 1980. Case Number 153849*. that the notice, of which the annexed Is a printed copy (set In type not smaller than non-parell). has been published In each regular and entire issue of said newspaper and not In any supplement thereof on the following dates; to -wit: ............. JIMM.250 ....................... all in the year lAi... I certify for declare) under penalty of perjury that the foregoing 13 true and Correct. Dated at Lodl. California. this z .... day of F . ............... Awn- 198.1. Signature Proof of Publication of Notice of Ad& tion of OrrUnn aco. ............... ...... tn ............. ..... ..... V0. 1229 plot V C"GO&O" "C"MMA000,11M . ..................... ...... MM a NNW oftVi ..................... ...... a V cm0d A— N. "MM. CWN.-§ ANW"6 09-W W -r UF '0cicr —7 S.,%!M fly. V0WUtXnA4 !W b-4 "00. -oft t.rw "014 WAR & ba., he bF won*# 0 br ft -0— .. lwm.r. =• 0M.. w b*.V d KFA a _.' eoosnpkw� -Wftft% Wd *W C.%%"A. .4. 0 ""a% "a WA= UP '30r— P— d VW.~ bm" -# W. PW_* of *W W& —W b, 1h. - N—W M�fl.r hs Ak. W P-10- oy C. CITY OF toDer A— 35, M. b— .10.0.W P� t Hofthefn Caiifofnio Power Agency 770 Kiey Boulevard . Santa Clara. California 95051. (408) 248-3422 ROBERT L GRiMSHAW Gerwal Manager June 17, 1981 TO: City Clerk FROM: Gail Sipple SUBJECT: Notice of Adoption for Two Ordinances and Member Agreement for the Shell East Block Geothermal Project On May 21, 1981, Mr. Grimshaw submitted to your city's NCPA representative three documents for approval by your governing body, two of which were ordinances. Enclosed, for your use, is a Notice of Adoption for Ordinance Authorizing the Northern California Power Agency to Issue Revenue Bonds (NCPA Project No. 1 - Development Fund Bonds), and a Notice of Adoption for Ordinance Authorizing the Northern California Power Agency to Issue Revenue Bonds (Shell East Block Pro- ject - Second Phase Bonds) which I have just received from our Bond Counsel. Upon adoption of both ordinances, I would appreciate if you would submit to me the following: 1. Executed copy of each ordinance. 2. Proof of publication of ordinances (based on your city's legal requirements) and Notice of Adoption for each ordinance.* 3. Certified copy of minutes adopting both ordinances (excerpts of minutes will do). The other document submitted on May 21, 1981 was the Member Agreement (Second Phase for Financing of Planning and Development Activities of the Shell East Block Geothermal Project. Upon approval of this document by your governing body, please return to me an executed copy, if you have not already done so. Upon execution of this agreement by NCPA, l will forward a copy to you for your records. Thank you for your cooperation. Yours truly, e � JUN g SIPPLtive Assistant cc: NCPA Commissioners