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HomeMy WebLinkAboutResolutions - No. 2010-73RESOLUTION NO. 2010-73 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING TERMINATION OF THE NORTHERN CALIFORNIA POWER AGENCY NATURAL GAS PROCUREMENT PROGRAM THIRD PHASE AGREEMENT AND AUTHORIZING EXECUTION OF THE TERMINATION BYTHE CITY MANAGER WHEREAS, on or about November 6, 1991, the Northern California Power Agency (NCPA), Lodi, and certain other NCPA members entered into the Natural Gas Procurement Program (NGPP) Third Phase Agreement authorizing NCPA to contract for the transportation, storage, and supply of natural gas for the needs of Participants; and WHEREAS, the NGPP Third Phase Agreement does not reflect current gas procurement practices, and the Parties desire to formally terminate the NGPP Third Phase Agreement; and WHEREAS, concurrent with the termination of the NGPP Third Phase Agreement, NCPA will establish new Schedules as attachments to the NCPA Facilities Agreement to allow NCPA to secure needed fuel transportation, storage, and supply. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby approve the termination of the NCPA Natural Gas Procurement Program Third Phase Agreement; and BE IT FURTHER RESOLVED that the City Council authorizes the execution of the Termination of Natural Gas Procurement Program Third Phase Agreement by the City Manager, or his designee, in substantially the form presented with such revisions that are mutually agreeable to the parties that the City Manager or designee finds beneficial. Dated: June 2, 2010 ---------------- ---------------- I hereby certify that Resolution No. 2010-73 was passed and adopted by the City Council of the City of Lodi in a regular meeting held June 2, 2010, by the following vote: AYES: COUNCIL MEMBERS — Hansen, Hitchcock, Johnson, Mounce, and Mayor Katzakian NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None 1 JOHL City Clerk 2010-73