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Resolution No. 5277 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 ~ 26 It 27 c:J 28 BEEgbYIIQ~_~gL_~~ZZ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON AF'PROV I NG AND AUTHOR I ZING THE EXECUTION OF AN AGREEMENT BY AND BETWEEN THE CITY OF VERNON AN.D THE ARIZONA PUBLIC SERVICE COMPANY FOR THE PURCHASE OF NONFIRM ENERGY WHEREAS, the Arizona Public Service Company has available surplus energy to sell to pl,.lblic entities within the State of California; and WHEREAS, the" City of Vernon is interested in buying surplus energy from the Arizona Public Service Company at prices less than the prices charged by SOllthern California Edison Company; and WHEREAS, the execlltion of this Agreement wOllld permit the City of Vernon to purchase said sllrplus nonfirm energy. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: E~gI!'Q~_l: That the City COllncil of the. City of Vernon hereby finds and determines that the ....ecitals c::ontained hereinabove are true and correct. E~gIIQ~_~: That the City Council of the City of Vernon hereby approves the Agreement for Economy Energy Interchange, a copy of which has been presented to the City Council concllrrently with this Resollltion and the City COllncil hereby orders said Agreement to be received and filed by the City Clerk. EEg!lQ~_~: That the City COllncil of the City of Vernon hereby authorizes the Mayor and the City Clerk to execute said Agreement for, and on behalf of, the City of Vernon. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 ii. 26 '" lJ. 27 CD Cl 28 ~ '. E5gIIQ~_~: The City Clerk of the City of Vernon shall certify to the. passage of this Resolution and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 20th day of May, 1986. ~~~~~Q-T;m ATTE;}:.. , ,/ L~ f/M .' .... .... ~RUCE-v~-MALi<ENH5RST;-CitY-Cle;:k---- -2- 8 9 10 11 12 ( 13 14 (SEAL) 15 .1 ;i 16,; 171 ~:II j 20 I 21 22 23 24 251 26 27 28 . . , ... H II II I! STATE OF CALIFORNIA ) ) SS. 2 . COUNTY OF LOS ANGELES ). , 3 I' .1 11 I' I! 51l !; 6 Ii 7 I IJ BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 5277 , was duly adopted by the City Council of the City o~ Vernon, and was approved by the Mayor of said City an adjourned at ~/regular meeting of the City Council held on Tuesday, l.1ay 20 , 19 86 . ~//~ BRUCE V. MALKENHORST, City Clerk -3-