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Resolution No. 5283 R52QbYIIQ~_~Q~_~6~~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF AN AGREEMENT BY AND BETWEEN THE CITY OF VERNON AND THE DESERET GENERATION AND TRANSMISSION CO-OPERATIVE ("DESERET") WHEREAS, Deseret has available surplus energy to sell to public entities within the State of California; and WHEREAS, the City of Vernon is interested in buying surplus energy from Deseret at prices less than the prices ct-.arged by Southern Cal i forni a Edison Company; and WHEREAS, the e>:ecution of this Agreement would permit the City of Vernon to purchase said surplus nonfirm energy.. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: $.5!;IIQ~_1: That the Ci t y Counc il of the Ci t y of Vernon hereby finds and determines that the recitals contained hereinabove are true and correct. E~QIIQ~_6: That the City Council of the City of Vernon hereby approves the Deseret - Vernon Economy Energy Agreement, a copy of which has been presented to the City Council concurrently with this Resolution and the City Council hereby orders said Agreement to be received and filed by the City Clerk. E~QIIQ~_~: That the City Council of the City of Vernon hereby authorizes the Mayor and the City Clerk to execute said Agreement fClr, and on behalf of, the City of Vernon. fi~!;IIg~L~: The City Clerk of the City of Vernon shall certify to the passage of this Resolution and thereupon and 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 ... 27 m C! 28 thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 3rd day of June, 1986. ATT;?= /.-4 /~ $~e~&&tL__~ BRUCE V. MALKENHORST, City Clerk -2- r ) 7 II 811 9\ I i 10 ~ I I 11 !\ 12 , Ij 13 II 14 'i 1511 II 16 iil I, 17 II I, 18 ,; 1911 '>'0 il L Ii 2111 , 22 !: ii 2311 24 II 251 I 26 27 28 If , II r ,I H 1 n S':'ATE OF CALIFORNIA ) ) S8. 2 COU:'lTY Of T.OS A;,!GELES ) 3 II t! " 4 " . . , . I, 3RUCE V. MALKENH01ST, City Clerk of the City of 'i C II Vernon, do hereby certify that the foregoing Resolution, being ,,~,ll ~J . t Resolution No~ '5283 , was duly adopted by the City Council of the City of Vernon, and was approved by the Mayor of said City an adjourned at XKlregular meeting of the City Council held on Tuesday, June 3 , 19 86 6~>d~-~_ BRUCE V. HALKENHORST, City Clerk (SEAL) -3'- tl