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HomeMy WebLinkAboutResolutions - No. 2008-113RESOLUTION NO. 2008-113 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGERTO EXECUTEA LETTER OF AGREEMENT FOR LONG-TERM ENERGY PROCUREM ENT SERVICES WITH THE NORTHERN CALIFORNIA POWER AGENCY WHEREAS, the Northern California Power Agency (NCPA) has historically provided support to the City of Lodi (Lodi) for procuring energy from the wholesale market; and WHEREAS, NCPA has adopted a policy that future energy procurement services provided to a member shall be cost -based depending on the level d services provided to such member; and WHEREAS, Lodi desires to continue obtaining energy procurement assistance from NCPA to review proposed agreements with counterparties (i.e. energy suppliers), issue requests for proposals, evaluate bids received, and provide input into confirmation letters with successful bidders; and WHEREAS, the terms and conditions of such energy purchase assistance is contained in a Letter of Agreement for Long -Term Energy Procurement Services between NCPA and Lodi. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council hereby approves the Letter of Agreement for Long -Term Energy Procurement Services between NCPA and Lodi and authorizes the City Manager or his designee to execute the Agreement and authorizes the Electric Utility Director or his designee to administer the Agreement. Dated: June 18,2008 hereby certify that Resolution No. 2008-113 was passed and adopted by the Lodi City Council of the City of Lodi in a regular meeting held June 18, 2008, by the following vote: AYES: COUNCIL MEMBERS — Hansen, Hitchcock, Johnson, Katzakian, and Mayor Mounce NOES: COUNCIL MEMBERS —None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS— None *JIFER�.PERRIN Deputy City Clerk 2008-113