HomeMy WebLinkAboutResolutions - No. 2022-34RESOLUTION NO. 2022-34
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE
CITY MANAGER TO EXECUTE ASSIGNMENT ADMINISTRATION
AGREEMENT FOR WESTERN AREA POWER ADMINISTRATION
BASE RESOURCE PERCENTAGE BETWEEN THE
NORTHERN CALIFORNIA POWER AGENCY AND CITY OF LODI
WHEREAS, on December 2, 2020, the City Council approved Resolution No. 2020-288
executing Base Resource (BR) Contract 20 -SNR -02347 with the Western Area Power
Administration (WAPA); and beginning January 1, 2025, Lodi will receive 0.55792 percent of the
hydropower resource marketed and sold by WAPA; and
WHEREAS, the existing Assignment Administration Agreement (AAA) with NCPA,
whereby NCPA accepts assignment of LEU's Base Resource Percentage, will expire on
December 31, 2024; and
WHEREAS, the new AAA sets forth the terms and conditions under which NCPA will
supply Joint Assignment Administration Services on behalf of NCPA members who assign their
BR percentage to NCPA effective January 1, 2025; and
WHEREAS, the AAA shall remain in effect until the earlier of: (a) December 31, 2054; or
(b) until it is terminated and will be used in conjunction with the 2025 BR Contract to preserve the
key principles and practices that are reflected in the AAA that is currently in effect today; and
WHEREAS, by executing the new AAA, Lodi can assign its BR percentage to NCPA and
NCPA will manage the daily operation and transactions of the assigned BR percentage on behalf
of the participants; and
WHEREAS, the Request for Assignment of Lodi's BR Percentage to NCPA, authorized by
separate City Council action, provides for NCPA to assume all the rights, duties, and obligations
associated with receiving Lodi's BR Percentage under BR Contract 20 -SNR -02347; and
WHEREAS, on December 9, 2021, the Risk Oversight Committee received a report and
recommended approval of the AAA with NCPA.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize
the City Manager to execute the Assignment Administration Agreement (AAA) for Western Area
Power Administration Base Resource Percentage between the Northern California Power Agency
and the City of Lodi.
Dated: February 16, 2022
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I hereby certify that Resolution No. 2022-34 was passed and adopted by the City Council
of the City of Lodi in a regular meeting held February 16, 2022, by the following vote:
AYES: COUNCIL MEMBERS — Hothi, Khan, Kuehne, Nakanishi, and
Mayor Chandler
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
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PAMELA M. FARRIS
Assistant City Clerk
2022-34