Loading...
Resolution No. 5477 .' 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 RESOLUTION NO. 5477 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF AN AMENDMENT THREE 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 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 (IIDWR"): 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 parties: 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 Agreement: and WHEREAS, the City Council of the City of Vernon adopted Resolution 5448 on December 1, 1987, which approved and authorized the execution of an Amendment Two to the Power Sale Agreement providing for revisions to certain sections in the said Agreement. WHEREAS, the City Council of the City of Vernon and the DWR wish to enter into a third amendment to the Power Sale 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 >' Agreement to provide for revisions to certain sections in said Agreement. THE CITY OF VERNON AS FOLLOWS: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF hereby SECTION 1: That the City Council of the City of Vernon contained finds and determines hereinabove are true and correct. that the recitals SECTION 2: That the City Council of the City of Vernon hereby approves Amendment Three, a copy of which has been presented to the City Council concurrently with this resolution and the City Council hereby orders said Amendment to be received and filed by the City Clerk. SECTION 3: That the City Council of the City of Vernon hereby authorizes the Mayor and the City Clerk to execute said Amendment for, and on behalf of, the City of Vernon. SECTION 4: 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 ful1 force and effect. A4: BRUCE V. APPROVED AND ADOPTED this 16th day of February, 1988. /~~ MALKENHORST, City Clerk ~~. -2- 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ~, ... 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. 5477 , 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, February l6 , 19 88 ~ /'/ A" "'/J' ..~ /;7- --- / ~~~~~ BRUCE V. MALKENHORST, City Clerk (SEAL) -3-