HomeMy WebLinkAboutMinutes - June 9, 1998 SMLODI CITY COUNCIL
SPECIAL CITY COUNCIL MEETING
CARNEGIE FORUM, 305 WEST PINE STREET
TUESDAY, JUNE 9,1998
7:00 A.M.
ROLL CALL
Present: Council Members - Johnson, Land, Pennino and Sieglock (Mayor)
Absent: Council Members - Mann
Also Present: City Manager Flynn, Deputy City Manager Keeter, Public Works Director Prima,
Electric Utility Director Vallow, Finance Director McAthie, City Attorney Hays and
City Clerk Reimche
2. REGULAR CALENDAR
Agenda item #B-1 entitled, "Authorize City Manager to execute Letter of Agreement 98 -SNR -
00048 between the Bureau of Reclamation (Reclamation), the Sierra Nevada Region of the
Western Area Power Administration and the City of Lodi which will allow participants in the Shasta
Rewinds Contract the opportunity to purchase additional low cost energy resulting from a good
hydro year".
Electric Utility Director Vallow presented the following report regarding the matter:
The Letter of Agreement 98 -SNR -00048 between the Bureau of Reclamation, the Sierra Nevada
Region of the Western Area Power Administration and the City of Lodi delays taking Shasta Unit 5
out of service. This delay will afford participants in the Shasta Rewinds Contract, such as Lodi,
the opportunity to purchase additional low cost energy resulting from a good hydro year.
However, to maintain the overall maintenance schedule, overtime will have to be used. The
additional costs to the participants will be $250,000. The City of Lodi's share is estimated to be
less than $50,000 - far smaller than the value of the energy received based on the current
summer power market forecast.
The City Council, on motion of Council Member Pennino, Land second, adopted Resolution No.
98-91 authorizing the City Manager to execute the Letter of Agreement 98 -SNR -00048 between
the Bureau of Reclamation, the Sierra Nevada Region of the Western Area Power Administration
and the City of Lodi by the following vote:
Ayes: Council Members - Johnson, Land, Pennino and Sieglock (Mayor)
Noes: Council Members - None
Absent: Council Members - Mann
3. ADJOURNMENT
There being no further business to come before the City Council, Mayor Sieglock adjourned the
meeting at approximately 7:05 a.m.
ATTEST:
Alice M. Reimche
City Clerk