HomeMy WebLinkAboutResolutions - No. 2022-35RESOLUTION NO. 2022-35
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE
CITY MANAGER TO EXECUTE REQUEST FOR ASSIGNMENT OF CITY OF
LODI'S WESTERN AREA POWER ADMINISTRATION BASE RESOURCE
PERCENTAGE TO NORTHERN CALIFORNIA POWER AGENCY
WHEREAS, the City of Lodi (Lodi) entered into Base Resource (BR) Contract
20 -SNR -02347, dated January 28, 2021, with WAPA for 0.55792 percent of WAPA's BR; and
WHEREAS, prior to this, Lodi assigned its BR percentage under BR Contract
00 -SNR -00327 to NCPA under Request for Assignment 04 -SNR -00771 effective January 1, 2005;
and Contract 00 -SNR -00327 and Request for Assignment 04 -SNR -00771 terminate
December 31, 2024; and
WHEREAS, NCPA and Lodi wish to retain the assignment beyond 2024 under the new
BR Contract 20 -SNR -02347; and
WHEREAS, Lodi hereby requests WAPA assign its BR percentage under BR Contract
20 -SNR -02347 to NCPA under NCPA's BR Contract 21 -SNR -02661; and
WHEREAS, NCPA is agreeable to taking responsibility for Lodi's 0.55792 percentage of
BR starting January 1, 2025 per Request for Assignment (Assignment) 21 -SNR -02642; and
WHEREAS, this Assignment shall remain in effect until the earlier of:
(a) December 31, 2054; or (b) until it is terminated; and
WHEREAS, under NCPA's 2025 Assignment Administration Agreement, authorized by
separate City Council action, NCPA can accept assignment of Lodi's BR percentage, and will
administer the Assignment for the benefit of Lodi according to the terms and conditions; and
WHEREAS, this request will assign Lodi's BR percentage to NCPA and NCPA will
manage Lodi's BR percentage on behalf of Lodi; and
WHEREAS, on December 9, 2021, the Risk Oversight Committee received a report and
recommended approval of the Request for Assignment of City of Lodi's BR percentage to NCPA.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize
the City Manager to execute Request for Assignment 21 -SNR -02642 of City of Lodi's Base
Resource Percentage to Northern California Power Agency.
Dated: February 16, 2022
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I hereby certify that Resolution No. 2022-35 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
2022-35