Resolution No. 5242
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RESOLUTION NO. 5242
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF VERNON APPROVING AND AUTHORIZING THE
EXECUTION OF AN INTERCHANGE AGREEMENT
BY AND BETWEEN THE CITY OF VERNON AND
THE EL PASO ELECTRIC COMPANY
FOR THE PURCHASE OF NONFIRM ENERGY
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WHEREAS, the El Paso Electric Company
8 has available surplus energy to sell to
9 the State of California; and
10 WHEREAS, the City of Vernon is interested
11 surplus energy from the El Paso Electric Company
12 at prices less than the prices charged by Southern
13 Edison Company; and
WHEREAS, the
the City of Vernon to purchase
NOW, ~HEREFORE, BE IT
THE CITY OF VERNON AS FOLLOWS:
SECTION 1: That the,City Council of
hereby finds and determines that the recitals
above are true and correct.
SECTION 2: That the City Council
hereby approves the Interchange Agreement,
a copy of which has been presented to the City Council con-
currently with this Resolution and the City Council hereby
orders said Agreement to be received and filed by the City
Clerk.
SECTION 3: That the City Council
Vernon hereby authori~es the Mayor and the
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1 said Agreement for, and on behalf of, the City of Vernon.
SECTION 4: The City Clerk of the City of Vernon
3 certify to the passage of this Resolution and thereupon and
4 thereafter the same shall be in full force and effect.
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APPROVED AND ADOPTED this 7th day of January , 1986.
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s/Leonis C. Malburg
LEONIS C. MALBURG, Mayor
ATTEST:
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10 s/Bruce V. Malkenhorst
BRUCE V. MALKENHORST, City Clerk
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STATE OF CALIFORNIA
COUN'rY OF LOS ANGELES
55.
I, BRUCE V. MALKENHORST, City Clerk of the City of
Vernon, do hereby certify that the foregoing Resolution,
Resolution No. 5242 , was duly adopted
the City of Vernon, and was approved by the
at an adjourned regular meeting of the City Council held on
Tuesday, January 7 , 19 86.
(SEAL)
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