HomeMy WebLinkAboutResolutions - No. 2009-121RESOLUTION NO. 2009-121
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE
CITY MANAGERTO EXECUTEAN AMENDED AND RESTATEDTHIRD
PHASE AGREEMENT WITH THE NORTHERN CALIFORNIA POWERAGENCY
FOR THE WESTERN GEOPOWER INC. RENEWABLE ENERGY POWER
PURCHASEAGREEMENT
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.WHEREAS, on February 20, 2008, the City Council authorized a Third Phase
Agreement with the Northern California Power Agency (NCPA) for the Lodi Electric Utility (LEU)
to buy energy from NCPA that NCPA would buy from Western GeoPower, Incorporated (WGI);
and
WHEREAS, WGI is unable to deliver energy for the previously agreed price of $98 per
megawatt -hour; and
WHEREAS, NCPA and WGI wish to increase the purchase price to $117 per megawatt -
hour, and NCPA anticipatesfull subscription by NCPA members at the higher price; and
WHEREAS, LEU no longer wishes to participate in the purchase from WGI due to the
price increase.
NOW, THEREFORE, BE IT RESOLVED by the Lodi City Council that the City Manager
is hereby authorized to execute an Amended and Restated Third Phase Agreement with NCPA
withdrawing LEU from participation in the WGI power purchase agreement, in substantially the
form presented with such non -substantive revisions recommended by the Electric Utility
Director; and
BE IT FURTHER RESOLVED that the Electric Utility Director is hereby authorized to
implement such Agreement.
Dated: September 2, 2009
hereby certify that Resolution No. 2009-121 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held September 2, 2009, by the following vote:
AYES: COUNCIL MEMBERS— Hitchcock, Katzakian, and Mayor Hansen
NOES: COUNCIL MEMBERS— None
ABSENT: COUNCIL MEMBERS —Johnson and Mounce
ABSTAIN: COUNCIL MEMBERS — Now____2
I JOHL
City Clerk
2009-121