Loading...
HomeMy WebLinkAboutAgenda Report - March 17, 2004 E-12AGENDA ITEM So I L CITY OF LODI IV COUNCIL COMMUNICATION TM AGENDA TITLE: Adopt a resolution authorizing the City Manger to execute the Letter of Agreement 04-SNR40637 between the United States of America Department of Energy YYestern Area Power Administration and with the City of Lodi to provide Shasta Rewinds and daily excess capacity and associated energy (EUD) MEETING DATE: March 17, 2004 PREPARED BY: Electric Utility Director RECOMMENDED ACTION: Adopt a resolution authorizing the City Manger to execute the Letter of Agreement 04 -SNR -40637 between the United States of America Department of Energy Western Area Power Administration (Western) and with the City of Lodi to provide Shasta Rewinds and daily excess capacity and associated energy. BACKGROUND INFORMATION: As part of the annual City of Lodi Electric Utility Department (EUD)'s renewal of Western Area Power Administration (Western) resources, this Letter of Agreement 04 -SNR -00637 provides for daily excess capacity and associated energy as part of the Shasta rewind project. This essentially is renewing a below market resource (below $301mwh) from Western that the EUD has received over the last few years. A copy of the Letter of Agreement is on file at the Electric Utility Department. FUNDING: None A //� /J/,W It Alan N. Vallow Electric Utility Director PREPARED BY: Boris Prokop, Manager Rates and Power Supply ANVIBP/kt W Cky Attorney APPROVED: City Manager ..... . . . . . . . . NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute Letter of Agreement No. 04 -SNR -00637 between the United States of America Department of Energy Western Area Power Administration and the City of Lodi to provide Shasta Rewinds and daily excess capacity and associated energy. Dated: March 17, 2004 I hereby certify that Resolution No. 2004-45 was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 17, 2004, by the following vote: AYES: COUNCIL MEMBERS — Beckman, Hitchcock, Howard, Land, and Mayor Hansen SUSAN. BLA STON City Clerk 2004-45