Resolution No. 5570
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RESOLUTI9N NO. 5570
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VER-
NON APPROVING AND.AUTHORIZING THE EXECUTION OF A LET-
TERAGREEMENT BY AND BETWEEN THE CITY OF VERNON
("VERNON") AND THE SOUTHERN CALIFORNIA EDISON COMPANY
("EDISON") PROVIDING FOR THE PURCHASE Of REPLACEMENT
CAPACITY BY VERNON FROM EDISON FOR THE CITY CAPACITY
RESOURCES INTEGRATED BY VERNON (ENTITLEMENTS IN PALO
VERDE UNITS 1, 2 AND 3), DURING 1989
WHEREAS, Vernon and Edison entered into an Integra~~d
8 Operations Agreement ("lOA") on August 25, 1982, to provide
9 among other thinc]s, for the integration of the Resources ac-
10 quired by Vernon as a City capacity Resource: and
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WHEREAS, the City Council of Vernon approved Resolu-
12 tion No. 5441 on November 17, 1987, which approved and
13 authorized the execution of a letter agreement between Vernon
14 and Edison providing for the purchase of Replacement Capacity
15 in 1988 by Vernon from Edison for the City Capacity Resource:
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WHERE1\.s, both Vernon and Edison desire to establish
17 the terms and conditions whereby Vernon could purchase Re-
18 placement Capacity from Edison for City Capacity Resources in-
19 tegrated by Vernon (entitlements in Palo Verde Units 1, 2 and
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21 NOW, THEREFORE, BE IT RESOLVED BY THE. CITY COUNCIL OF
22 THE CITY OF VERNON AS FOLLOWS:
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SECTlON 1: The City Council of the city of Vernon
24 hereby finds and. determines that the recitals contained
25 hereinabove are true and correct.
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SEC'J'~9N 2: The City Council of the City of Vernon
27 hereby approves the Letter Agreement by and between Vernon and
28 Edison providing for the purchase of Replacement Capacity .by
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1 Vernon from Edison for City Capacity Resources integrated by
2 Vernon (entit;I.ements in Palo Verde units 1, 2 and 3), and a
3 copy of which has been presented to the City Council concur...
4 rently with this resolution, and the City Council hereby or-
5 ders said Letter Agreement to be received and filed by the
6 City Clerk.
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SECTION 3:
The City council of the City of Vernon
8 hereby authorizes the Mayor and the City Clerk to execute said
9 Letter Agreement for, and on behalf of, the City of Vernon.
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SECT~ON 4: The City Clerk of the City of Vernon
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16 ATTEST:
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BRUC~ v.
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1 STATE OF CALIFORNIA )
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2 COUNTY OF LOS ANGELES)
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I, BRUCE V.. MALKENHORST, City Clerk of the city of
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Vernon, do hereby certify that the foregoing Resolution, being
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Resolution No. 5570, was duly adopted by the City Council of
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the City of Vernon, and was approved by the Mayor of said City
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at the adjourned regular meeting of the city council held on
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Tuesday, November 22, 1988.
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BRUCE V. MALKENHORST,
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