Loading...
Resolution No. 5566 . . -.. { It. 1 2 3 4 5 6 RESOLUTION NO. 5566 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A LETTER AGREEMENT AMENDING THE FIRM TRANSMISSION SERVICE AGREEMENT BY AND BETWEEN THE CITY OF VERNON AND THE SOUTHERN CALIFORNIA EDISON COMPANY WHEREAS, the City Council of the City of Vernon 7 adopted Resolution No. 5539 on July 26, 1988, which approved 8 and authorized the execution of a Firm Transmission Service 9 Agreement ("Agreement") with Southern California Edison Com- 10 pany ("Edison"), under protest, which provided for transmis- 11 sion service for the capacity and energy which will be pur- 12 chased from the Department of Water Resources of the State of 13 California starting January 1, 1989; and 14 WHEREAS, the City Council of the City of Vernon 15 adopted Resolution No. 5559 on October 4, 1988, which approved 16 and authorized the execution of a letter agreement with Edison 17 dated September 27, 1988, which provided Vernon with the op- 18 portunity to modify certain terms and conditions of the Agree- 19 ment in the event that the Federal Energy Regulatory Commis- 20 sion ("FERC") or the courts made decisions in other matters 21 which would affect certain terms and conditions of the 22 Agreement; and 23 WHEREAS, FERC has denied Edison's methodology which 24 was used in establishing the rates in the Agreement; and 25 WHEREAS, Vernon and Edison desire to enter into a 26 letter agreement amending the Agreement to provide for initial 27 transmission services rates in conformance with the FERC's 28 decision. .. 1 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF 2 THE CITY OF VERNON AS FOLLOWS: 3 SECTION 1: That the City Council of the City of Ver- 4 non hereby finds and determines that the recitals contained 5 hereinabove are true and correct. 6 SECTION 2: That the City Council of the City of Ver- 7 non hereby approves the letter agreement, a copy of which has 8 been presented to the City Council concurrently with this 9 resolution, and the City Council hereby orders said letter 10 agreement to be received and filed by the City Clerk. 11 SECTION 3: That the City Council of the City of Ver- 12 non hereby authorizes the Mayor and the city Clerk to execute 13 said letter agreement for, and on behalf of, the City of Ver- 14 non. 15 SECTION 4: The City Clerk of the City of Vernon 16 shall certify to the passage of this resolution and thereupon 17 and thereafter the same shall be in full force and effect. 18 19 APPROVED AND ADOPTED this 8th day of November, 1988. . 21 ~ ~-C.HMAL~RG,. Mayor 22 A~ 1/ h1/~;ryP 23 BRUCE V. MALKENHORST, City Clerk 20 24 25 26 27 28 -2- << ~ . 1 2 STATE OF CALIFORNIA ) )ss 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. 5566 , was duly adopted by the City Council 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 of the City of Vernon, and was approved by the Mayor of said an adjourned City at a/regular meeting of the City Council held on Tuesday, November 8 , 19 88 L-, t/H-t:~~~ BRUCE V. MALKENHORST, City Clerk (SEAL) -3-