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HomeMy WebLinkAboutResolutions - No. 2016-124RESOLUTION NO. 2016-124 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO EXECUTE A SECOND PHASE AGREEMENT FOR RENEWABLE ENERGY POWER PURCHASE AGREEMENT WITH THE NORTHERN CALIFORNIA POWER AGENCY WHEREAS, the City of Lodi (Lodi) is a signatory to the Joint Powers Agreement which created the Northern California Power Agency (NCPA) and therefore is a Member; and WHEREAS, Lodi and other NCPA Members have executed the Amended and Restated Facilities Agreement which establishes the framework under which Project Agreements are created for the development, design, financing, construction, and operation of specific NCPA Projects; and WHEREAS, Lodi and other Members desire NCPA to enter into a Renewable Energy Power Purchase Agreement (PPA) for a project selected by the Southern California Public Power Authority as part of their annual Request for Proposals process; and WHEREAS, to enable NCPA to enter into a PPA on behalf of Lodi and other Members, a Second Phase Agreement is needed to provide all means necessary for NCPA to negotiate the PPA, and to enable and obligate participating Members to pay NCPA for all costs it incurs for undertaking the foregoing activities; and WHEREAS, the total not -to -exceed cost of the Second Phase Agreement is $35,000 for which Lodi's share will not exceed $32,000; and WHEREAS, on May 16, 2016, the Risk Oversight Committee received a report and recommended that staff move forward with this proposed project. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council hereby authorizes the City Manager to execute a Second Phase Agreement for Renewable Energy Power Purchase Agreement with the Northern California Power Agency, at a cost not to exceed $32,000. Dated: July 6, 2016 I hereby certify that Resolution No. 2016-124 was passed and adopted by the City Council of the City of Lodi in a regular meeting held July 6, 2016, by the following vote: AYES: COUNCIL MEMBERS — Johnson, Kuehne, Mounce, Nakanishi, and Mayor Chandler NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None aNten, �.� NIFE FERRAIOLO City Clerk 2016-124