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Resolution No. 5448 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 28 RESOLUTIOH NO. 5448 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF AN AMENDMENT TWO TO THE POWER SALE AGREEMENT BETWEEN THE CITY OF VERNON AND THE DEPARTMENT OF WATER RESOURCES OF THE STATE OF CALIFORNIA WHEREAS, the City Council of the City of Vernon adopted Resolution No. 5321 on September 16, 1986, which approved and authorized the execution of a Power Sale Agreement between the City of Vernon and the Department of Water Resources of the State of California (t1DWRtI): and WHEREAS, the City Council of the City of Vernon adopted Resolution NO. 5348 on December 9, 1986, which approved and authorized the execution of an Amendment One to the Power Sale Agreement providing that the Agreement would terminate on Decem- ber 31, 1988, unless extended by mutual agreement of the part~esr and WHEREAS, the City Council of the City of Vernon adopted Resolution No. 5396 on June 30, 1987, which approved and ratified the execution of a letter of intent to provide principles for ne- gotiating an extension of the Power Sale Agreementr and WHEREAS, the City Council of the City of Vernon and the DWR wish to enter into an amendment to the Power Sale Agreement to extend the Power Sale Agreement. NOW, THEREFORE, BE iT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: That the City Council of the City of Vernon hereby finds and determines that the recitals contained III 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 hereinabove are true and correct. 2 SECTION 2: That the City Council of the City of Vernon 3 hereby approves Amendment Two, a copy of which has been presented 4 to the City Council concurrently with this resolution and the 5 City Council hereby orders said Amendment to be received and 6 filed by the City Clerk. 7 SECTION 3: That the City Council of the Ci~y of Vernon 8 hereby authoriz.es the Mayor and the City Clerk to execute said 9 Amendment for, and on behalf of, the City of Vernon. 10 SECTION 4: The City Clerk of the City of Vernon shall 11 certify to the passage of this resolution and thereupon and 12 thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 1st day of December, 1987. ~>ur . LEONIS C.Wu.BRG. May - . · ATTEST: , . -" .J1' /' 6- /r<~~ BRUCE V. MALKENHORST, City Clerk -2- 1 STATE OF CALIFORNIA ) )ss 2 COUNTY OF LOS ANGELES ) 3 I, BRUCE V. MALKENHORST, City Clerk of the City of 4 Vernon, do hereby certify that the foregoing Resolution, being 5 Resolution No. 5448 , was duly adopted by the City Council 6 of the City of Vernon, and was approved by the Mayor of said 7 City at a regular meeting of the City Council held on Tuesday, 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 December 1 , 19 87 ~/~ BRUCE V. MALKENHORST, City Clerk (SEAL) -3-