HomeMy WebLinkAboutResolutions - No. 2008-86A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY
MANAGER TO EXECUTEAN AGREEMENT FOR THE ASSIGNMENT OF
RIGHTS RELATED TO AND AMENDING THE SEATTLE CITY LIGHT
CAPACITYAND ENERGYTHIRD PHASEAGREEMENT
WHEREAS, the City of Lodi and various other Northern California Power Agency
("NCPA") members are parties to the Seattle City Light Third Phase Agreement (SCL
Agreement); and
WHEREAS, three of the signatories to the SCL Agreement (Roseville, Palo Alto, and
Healdsburg) have offered their rights in the SCL Agreement to other NCPA members; and
WHEREAS, the city of Santa Clara expressed interest in assuming the rights of such
parties to the SCL Agreement and they were the only party to do so; and
WHEREAS, NCPA's General Counsel prepared an Agreement for the Assignment of
Rights Related to and Amending the Seattle City Light Capacity and Energy Third Phase
Agreement (SCL Amendment) to effectuate the transaction contemplated above; and
WHEREAS, Lodi is not involved directly in the transfer of SCL rights, but as an original
signatory to the SCL Agreement, it is required to sign the SCL Amendment; and
WHEREAS, there is no cost to Lodi related to the proposed transaction and the SCL
Amendment.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council hereby approves the
Agreement for the Assignment of Rights Related to and Amending the Seattle City Light
Capacity and Energy Third Phase Agreement (SCL Amendment), authorizes the City Manager
or his designee to execute the SCL Amendment, and empowers the Electric Utility Director or
his designee to administer the SCL Amendment in accordance with its terms.
Dated: May 21,2008
hereby certify that Resolution No. 2008-86 was passed and adopted by the Lodi City
Council of the City of Lodi in a regular meeting held May 21, 2008, by the following vote:
AYES: COUNCIL MEMBERS— Hansen, Johnson, Katzakian, and
Mayor Mounce
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Hitchcock
ABSTAIN: COUNCIL MEMBERS — None
RANDI JOHL
City Clerk