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Resolution No. 5259 1 f !! 2 'I II 3 II II 4 I' 511 I 6: j 7 I I I II I 8 II 9 I 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 ri 26 '" u. 27 en ~ 28 E~~eQbldIIQt~L!~Q.!!.._~~~2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VEHNON APPROVING AND AUTHORIZING THE EXECUTION OF A LETTER AGREEMENT BY AND BETWEEN THE CITY OF VERNON AND THE SOUTHERN CALIFORNIA EDISON COMPANY ("EDISON") PROVIDING FOR F.;E:GULATORY FILING ACTIVITIES ASSOCIATED WITH THE DEVERS-PALO VERDE NO. 2 TRANSMISSION LINE WHEREAS, the City of Vernon is a resale city that pLlrchases pOwer and energy from Edi son pursuant to whol esal e tari.ffs approved by t.he Federal Energy Regulatory Commissi.on; and WHEREAS, Edison solicited interest in participation in the Devers-Palo Verde No. 2 Trans~ission Line; and WHEREAS, in response to such solicitation, the City of Vernon requested 40 megawatts of part.icipation in said Devers- Palo Verde No. 2 Transmission Line; and WHEREAS, Edison allocated to Vernon a .9% entitlement for cost sha,'"ing purposes, which is equal to appro>:imately 10.8 mw which is far less than Vel'"non's ,'"equested amount .of 40 mw, and less than Vernon's entitlements in the Palo Verde Nuclear Gene''"at.ing Station, Units I, 2 and 3; and WHEREAS, Vernon's e>:ecution of said Letter Agreement is not intended to constitute a waiver of its asserted right to induce ,or compel Edison to allocate addi ti onal capacity to Vernon in said Transmission Line; and WHEREAS. the City of Vernon intends to execute the Letter Agreement establ i shed by Edi son wt"d ch provi des the terms and c:onditions under which the City of Vernon has the right to participate in said Line and to provide for the !haring of costs , incurred by Edison in obtaining all the necessary regulatory "".Pi:::.t-oval s to construct. t.he Li ne. NOteJ, THEREFORE, BE, IT RESOLVED BY THE CITY COUNC I L OF THE CITY OF VERNON AS FOLLOWS: @'1:;~IIgtL.! : That the City Council of the City of Vernon hereby determines that the recitals contained hereinabove are true and correct. f:?~(~IIQt~L6 : That t.he City Council of the City of Vernon hereby approves the Letter Agreement by and between the City of Vernon and Edison providing for regulatory filing aC,t i vi ties associated with the Devers-Palo Verde No. 2 Transm.ission Line, without waiving its asserted right to induce or 'compel Edison to allocate additional capacity to Vernon in said Line, a copy of which has been presented to the City COlmcil concurrently with this Resolution, and the City Council hereby orders said Agreement to be lpeceived and filed by the City Clerk. g~gII:.Q~_~ : That the City Council of the City of Vernon hereby authorizes the Mayor t.o eNecut.e said Agreement for, and on behalf of, the City of Vernon. @'~~IIg~_1: The Cit.y Clerk of the Cit.y of Vernon shall certify to the passage of this Resolut.ion and thereupon' and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 4th day of March, 1986. ATTEST,,' ',4', //" ,~,. ~ M~~-r _._-_._-----~------~---------- BRUCEV. MALKENHORST, City Clerk -2- .. 8 P 911 10 i! 'I 11 Ii q 12 II 1311 14 I I 15! 16 I! 17 II if 'I 1811 191 20 I \i If 21 ' 22 23 Ii 24 II n Ji 25 l; 261 27111 ! 28 II I' 11 q (j 'I ~ j I: i .. 1 STATE OF CALIFORNIA ) ) s s . 2 ,;'.OS ANGELES ) H q " " ~ 4: t. I, BRUCE V. tvl.ALKENHORST, City Clerk of the City of G 11 Vernon, do hereby certify that the foregoing Resolution, being :' " 6 1j jI 7 n H Resolution No. 5259 , was duly adopted by the City Council of the City of Vernon, and was approved by the Mayor of said City an adjourned at ~fregular meeting of the City Council held on Tuesday, March 4 , 19 86 ~~(/ BRUCE V. ~~LKENHORST, City Clerk (SEAL) -3- , ~..~~...J.,.,...;'--': . -- ~,: Southern California Edison Company ~ P. 0, BOX BOO 2244 WALNUT GROVE AVENUE ROSEMEAD, CALIFORNIA 91770 EDWARD A. MYERS, .JR. VICE PRESIDENT January 29, 1986 TELEPHONE 818-302-2001 Mr. Bruce V. Ma1kenhorst City Administrator/City Clerk City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Dear Mr. Ma1kenhorst: SUBJECT: 1986 Letter Agreement for Regulatory Filing Activities Associated with the Devers-Palo Verde No. 2 Transmission Line In response to Edison's April 23, 1985, letter regarding the Devers-Palo Verde No.2 Transmission Line ("Line"), each of you expressed an interest for participation in the Line. Since the interest exceeded the capacity for which Edison was soliciting participation, Edison allocated such capacity to each of you based on your need for transmission of power from firm resources for which you have made existing commitments. Edison hereby proposes that each participant enter into this 1986 Letter Agreement to provide for: (1) the right to participate in the Line; and (2) the sharing of costs incurred by Edison in obtaining all necessary regulatory approvals to construct the Line. Therefore, Edison and each entity ("Participant") who signs and returns an original of this 1986 Letter Agreement to Edison, within forty-five (45) days after receipt thereof, agree as follows: 1. Edison shall be Project Manager of the Line and act for itself, and as agent for the Participants, in endeavoring // to obtain the necessary regulatory approvals required for construction and operation of the Line. // 2. Each Participant shall be entitled to participate in the Line in an amount up to the Cost Sharing Percentage shown in Attachment A and in accordance with Edison's June 25, 1985 letter to that Participant regarding this Line, unless otherwise mutually agreed by Edison and such Participant; provided that each such Participant has not .' , ... . Mr. Bruce V. Malkenhorst Page 2 January 29, 1986 ..;-C': materially breached the provlslons of this 1986 Letter Agreement and the agreements provided for in Paragraph 8. 3. During 1985 and 1986, Edison proposes to prepare all material necessary for filing with various regulatory agencies to obtain approvals required for construction and operation of the Line. Such material, supplemented as necessary, will be used by Edison to concurrently prepare and submit applications to the Bureau of Land Management ("BLM"), the Arizona Power Plant and Transmission Line Siting Committee ("ASC"), the California Public Utilities Commission ("CPUC"), and other regulatory agencies as may be required. Following the submittal of such appl[cations, Edison proposes to assist the regulatory agencies in processing the applications by means of hearings and other efforts in order to obtain decisions from such regulatory agencies by mid-1987. 3.1 Edison and the Participants shall share costs incurred by Edison acting as the Project Manager, or by the Participants acting when requested by Edison, for the preparation, submittal and processing activities described above. Unless otherwise agreed to by the Participants and Edison, the total of such costs (including overheads) to be shared by Edison and the Participants pursuant to this 1986 Letter Agreement shall not exceed $3.52 million, as estimated in Attachment B. Edison and the Participants shall share such costs in proportion to their Cost Share Percentages indicated in Attachment A. 3.2 Edison shall furnish the Participants progress reports at least one every two months. Such reports shall include information on items such as the following: ,// " , w. . Mr. Bruce V. Malkenhorst Page 3 January 29, 1986 -"c: 4. Edison shall bill each Participani for its share or the costs incurred herein and each Participant shall pay such bills in accordance with the following procedure: 4.1 As soon as practicable after the execution of this 1986 Letter Agreement by Edison and the Participant, Edison shall submit a bill to the Participant for such Participant's share of costs recorded and estimated by Edison to have been incurred by Edison, or by others at Edison's request, in performing activities pursuant to Paragraph 3 through the month following the month such bill is submitted. 4.2 By the twentieth day of each succeeding month, Edison shall submit a bill to each Participant for such Participant's share of costs estimated to be incurred by Edison during the following month in performing activities pursuant to Paragraph 3. Within ninety (90) days following such estimated bil1ing,Edison shall include adjustments to billings previously made so that payments made will reflect the recorded cost incurred by Edison during the preceding periods. 4.3 Each Participant shall pay to Edison its share of costs billed pursuant to Paragraphs 4.1 and 4.2 by not later than fifteen (15) days after the date of receipt of such bill. Bills which are not paid in full by a Participant by said due date shall thereafter bear interest at the rate of one and one- half percent (1-1/2%) per month of the unpaid balance, or at the maximum legal interest rate, whichever is less, prorated by days until payment is received by Edison. 4.4 Each Participant shall have the right to initiate an audit of the costs or payments resulting from this 1986, Letter Agreement. Such audit shall be ,/' conducted upon reasonable advance notice to Edison and during normal business hours. All costs incurred /' by Edison and the Participants for such audit shall be paid by the Participant(s) initiating said audit.. Ir the audit reveals inaccuracies in the payments, Edison shall make any necessary adjustment as soon as practicable. The amount of such adjustment shall accrue interest from the date of payment being adjusted to the date the adjustment is made. Such -",c: Mr. Bruce V. Ma1kenhorst Page 4 January 29, 1986 interest shall be computed by using the lesser of (i) the applicable first of the month reference rate, or successor, of the Bank of America N.T. & S.A., San Francisco, California, corresponding to the aforementioned period, or (ii) the maximum interest rate permitted by law. 5. A Participant shall; at any time during the term hereof, have the right to terminate its entitlement to participate in the Line under this 1986 Letter Agreement. If such Participant, by registered mail, notifies Edison and all the other Participants of its decision to so terminate, it shall pay to Edison all unsatisfied cost obligations incurred on its behalf up to the da~e such notice is received by Edison. Edison shall credit all of the terminating Participant's payments to costs of obtaining regulatory approvals for the Line. 6. If any Participant serves notice pursuant to Paragraph 5 or does not return an executed original of the 1986 Letter Agreement within forty-five (45) days after receipt, Edison shall assume the Project benefits and obligations of such Participant. 7. Edison may, on thirty (30) days advance written notice to all other Participants, elect to terminate this 1986 Letter Agreement. In the event of such termination, all unsatisfied cost obligations incurred on behalf of the Line up to and including the date such notice is given shall be shared by all Participants in proportion to their Cost Sharing Percentages shown in Attachment A. 7.1 If Edison elects to terminate this 1986 Letter Agreement, but proceeds with the project within five years after the date of such termination, the Participants hereto who are not included in such future project shall be reimbursed for their costs // incurred pursuant to this 1986 Letter Agreement by Edison and any of the Participants included in the ./ project on a pro-rata basis. Such costs shall include interest accrued from the date of termination to the date the project proceeds. Interest shall be computed by using the method set forth in Paragraph 4.4. " ..,,-c: Mr. Bruce V. Ma1kenhorst Page 5 January 29, 1986 8. Edison and each Participant shall negotiate and prepare agreements which provide terms and conditions for participation rights, construction, operation, maintenance, and other matters, as required for the Line. Each Participant hereby agrees that said agreements shall be agreed upon by the date when all regulatory approvals for the Line have been received by Edison or by a later date as agr~ed by Edison and each then involved Participant. Costs incurred by Edison and each Participant for preparation of such agreements shall be borne by the party incurring the cost. 9. Each Participant shall be ob1igated~0 make any arrangements necessary for the de1iv~ry to its own system of the Participant's power which was transmitted utilizing its capacity in the Line. Edison is willing to provide transmission service from Devers to the preferred delivery points as specified in Attachment A. Transmission service will be dependent upon, among other things, Edison having or being able to add needed transmission capability to provide the service. If Edison is unable to provide such transmission service, the Participant(s) shall be reimbursed for costs incurred pursuant to this 1986 Letter Agreement. Nothing contained herein shall be deemed to supersede or modify the obligations of the parties pursuant to the Integrated Operations Agreements between Edison and each of Azusa, Banning, Colton, and Riverside. 10. No Participant may assign any rights provided herein without the express written consent of Edison, which consent shall not be unreasonably withheld. Any assignment in contravention of this provision shall be null and void. 11. This 1986 Letter Agreement shall, with respect to Edison and each Participant, become effective as of the date when executed by both Edison and the Participant, and shall continue in effect until the earlier of (i) execution of the agreement(s) as provided for in Paragraph 8, (ii) completion of the Participant's obligations as provided for in Paragraph 5, or (iii) termination pursuant to notice given by Edison under Paragraph 7. . . -r-C: Mr. Bruce V. Malkenhorst Page 6 January 29, 1986 Please indicate your approval of these terms and conditions by signing both originals of this letter and returning one to me within forty-five (45) days of its receipt by you. ~ASTOroRM: ~ It BlJRV /Y11kJ;1 rt:'f) ~ I~ . . (.~ C4ltturae,;, a Z ls'Ef; PANY By '. , 1986. B~~7. TITLE: Mayor A/t--/;/~ City Clerk APPROVED AS TO FORM BY~ DAVID B. BREARLEY CITY ATTORNEY ... . . " ~CE ATTACHMENT A DEVERS-PALO VERDE NO. 2 500 kV TRANSMISSION LINE PROJECT COST SHARING PERCENTAGES AND DELIVERY POINTS Azusa Banning Burbank Colton Glendale Cost Sharing Pre ferred Percentage Delivery % Point 0.2 Azusa 0.2 Banning 0.8 Sylmar 0.2 Colton 0.8 Sy1mar 1 .2 Mirage 30.7 Victorvi11e-Lugo 12.5 Midway 0.8 Goodrich 1.0 Vista 0.9 Laguna Bell 50.7 Imperial Irrigation District Los Angeles DW&P M-S-R Pub. Pwr. Agency Pasadena Riverside Vernon Edison / // .. . 't." -,c: ATTACHMENT B DEVERS-PALO VERDE NO. 2 500 kV TRANSMISSION LINE PROJECT ESTIMATED LICENSING COSTS THROUGH JULY 1 , 1987 Direct Costs Transmission Lines (Ca. & Ariz.) Engineering Support for Licensing Substations (Devers and Palo Verde) Engineering Support for Licensing Series Capacitors (East and West) Engineering Support for Licensing Real Properties Easements Project Contingency Subtotal Direct Costs Memo Costs Overheads and Miscellaneous Costs Total Costs $1,618,000 440,000 450,000 100,000 164,000 $2,772,000 j748,000 j3,520,000 /