HomeMy WebLinkAboutResolutions - No. 2017-43RESOLUTION NO. 2017-43
A RESOLUTION OF THE LODI CITY COUNCIL
AUTHORIZING THE CITY MANAGER TO EXECUTE A
THIRD 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 (JPA)
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 is a signatory to the Second Phase Agreement for Renewable Energy
Power Purchase Agreement (PPA) with NCPA, whereby Lodi agreed to fund NCPA work
activities related to the identification of renewable energy resources and negotiation of a power
purchase agreement on Lodi's behalf under a total not -to -exceed cost to all NCPA participants
of $35,000; and
WHEREAS, Lodi and other Members desire NCPA to enter into a Renewable Energy
PPA for the Antelope Expansion 1 B Solar Project (Project), a 17 -megawatt photovoltaic plant to
be constructed in Los Angeles County; and
WHEREAS, under the terms of the PPA, NCPA will purchase the electrical output,
capacity attributes, renewable energy credits, and all other environmental attributes associated
with the Project from sPower (dba Antelope Expansion 1 B, LLC) over a 20 -year delivery term at
$39 per megawatt hour (MWh); and
WHEREAS, the Project is anticipated to be completed by December 2021; and
WHEREAS, the Third Phase Agreement for Renewable Energy Power Purchase
Agreement with NCPA (Agreement) is a contract between NCPA and the Port of Oakland and
the cities of Biggs, Gridley, Healdsburg, and Lodi; and
WHEREAS, the Agreement facilitates the transfer of all costs, obligations, and benefits
associated with the PPA from NCPA to the signatories to the Agreement in proportion to each
signatory's Project Participation Percentage as identified in the Agreement, for the life of the
PPA; and
WHEREAS, Lodi's Project Participation Percentage share of the PPA will produce
approximately 30,000 MWh of renewable energy products per year, which can be used to meet
Renewables Portfolio Standard requirements, at an annual cost of approximately $1,170,000;
and
WHEREAS, on January 27, 2017, the Risk Oversight Committee received a report and
recommended approval of the Agreement with NCPA.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council hereby authorizes the
City Manager to execute a Third Phase Agreement for Renewable Energy Power Purchase
Agreement with the Northern California Power Agency for the Antelope Expansion 1 B Solar
Project.
Dated: March 15, 2017
I hereby certify that Resolution No. 2017-43 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held March 15, 2017, by the following vote:
AYES: COUNCIL MEMBERS — Chandler, Johnson, Nakanishi, and Mayor Kuehne
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Mounce
ABSTAIN: COUNCIL MEMBERS — None
NIFER FERRAIOLO
Ity Clerk
2017-43