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Resolution No. 5695 1 RESOLUTION NO. 5695 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A LETTER AGREEMENT 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 1990 3 4 5 6 7 8 WHEREAS, Vernon and Edison entered into an Integrated 9 Operations Agreement ("IOA") on August 25, 1982, to provide, 10 11 12 among other things, for the integration of the Resources acquired by Vernon as a City capacity Resource; and WHEREAS, the city council of the City of Vernon 13 approved Resolution No. 5570 on November 22, 1988, which 14 approved and authorized the execution of a Letter Agreement 15 between Vernon and Edison providing for the purchase of 16 Replacement capacity in 1989 by Vernon from Edison for the city 17 capacity Resource; and WHEREAS, both Vernon and Edison desire to establish the 18 19 terms and conditions whereby Vernon could purchase Replacement 20 Capacity from Edison for City Capacity Resources integrated by 21 Vernon (entitlements in Palo Verde Units l, 2 and 3). 22 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: 23 24 SECTION 1: The City council of the City of Vernon 25 hereby finds and determines that the recitals contained 26 27 28 hereinabove are true and correct. SECTION 2: The City Council of the city of Vernon hereby approves the Letter Agreement by and between Vernon and . .. 1 Edison providing Capacity by for the purchase of Replacement 2 Vernon from Edison City Capacity integrated by for Resources 3 (entitlements in Palo Verde units and 3) , of Vernon 1, 2 a copy 4 which has been presented to the City Council concurrently with this resolution, and the City Council hereby orders said Letter Agreement to be received and filed by the City Clerk. SECTION 3: The City Council of the City of Vernon hereby authorizes the Mayor and the City Clerk to execute said Letter Agreement for, and on behalf of, the City of Vernon. 5 6 7 8 9 10 11 12 13 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 full force and effect. APPROVED AND ADOPTED this 5th day of December, 1989. 14 15 16// ./ 17 A~ /~ 18 BRUCE V. MALKENHORST, City Clerk ~. 19 20 21 22 23 24 25 26 27 28 -2- .# ... 1 2 3 4 STATE OF CALIFORNIA ) )ss COUNTY OF LOS ANGELES ) I, BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 5695, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Tuesday, December 5. 1989, and thereafter duly signed by 5 6 7 8 the Mayor of the City of Vernon. 9 10 11 12 (SEAL) 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -3- d ~ /~~ BRUCE V. MALKENHORST, City Clerk ; , , . " Southern Ca/lfornla Edison Company P. O. BOX 800 2244 WALNUT GROVE AVENUE ROSEMEAD. CALIFORNIA 91770 ROBERT DIETCH VICE PRESIDENT November 21, 1989 TELEPHONE 818-302-4144 City of Vernon City Ha 11 4305 Santa Fe Avenue Vernon, CA 90058 Attention: Mr. Bruce V. Malkenhorst City Administrator/City Clerk SUbject: Purchase of Replacement Capacity in 1990 by the City of Vernon from Southern California Edison Company for Vernon City Capacity Resources The City of Vernon (Vernon) and the Southern California Edison Company (Edison) entered into the Integrated Operations Agreement (lOA) on August 25, 1982, to provide, among other things, for the integration of the Resources acquired by Vernon as City Capacity Resources. Vernon and Edison previously entered into a November 4, 1988 agreement, the subject of which was IIPurchase of Replacement Capacity in 1989 by the City of Vernon from Southern California Edison Company for Vernon City Capacity Resources.1I That agreement terminates as of midnight December 31, 1989. Vernon and Edison wish to replace that agreement with this agreement for IIPurchase of Replacement Capacity in 1990 by the City of Vernon from Southern California Edison Company for Vernon City Capacity Resources II (IIAgreementll). Wherefore the Parti es agree as follows: 1. Vernon may be required to purchase Replacement Capacity to replace Rated Capability unavailable from its City Capacity Resources. Section 16.1.3.2 of the lOA provides that Vernon may purchase Replacement Capacity from Edison. Vernon may desire to purchase Replacement Capacity for its City Capacity Resources from Edison pursuant to the terms and conditions of the lOA. 2. Commencing with the effective date of this Agreement and pursuant to Section 16.1.3.2 of the lOA, and with the exception provided in Paragraph 4 hereof, Vernon, to the extent it does not purchase Replacement Capacity from Third Parties in accordance with said Section 16.1.3.2, shall purchase its full requirements of Replacement Capacity for its City Capacity Resources from Edison for the period specified in Paragraph 5 hereof. The amount of Replacement Capacity to be purchased shall be calculated pursuant to Section 16.1.2 of the lOA. \ < City of Vernon Page 2 November 21, 1989 3. Section 16.1.4 of the lOA provides that the charge per kilowatt per day for Replacement Capacity may be agreed upon by the Parties. Except as provided pursuant to Paragraphs 4, 5, 6, and 9 hereof, Edison and Vernon agree that Edison's charge for Replacement Capacity for Vernon's City Capacity Resources shall be ten cents ($0.10> per kilowatt per day. Unless otherwise agreed by the Parties, this charge shall revert to the charge calculated in accordance with the formula specified in Section 16.1.4 of the lOA, and this Agreement shall terminate, upon ten (10) calendar days' written notice by Edison or Vernon. It is the Parties' intent that such formula charge remain in effect so that a charge shall be available for Replacement Capacity which cannot be terminated upon ten (10) calendar days' written notice by either Party. Vernon waives any challenge to such notice period for the charge of ten cents ($0.10) per kilowatt per day specified herein. Vernon shall not request a suspension or otherwise protest the termination of this Agreement or the reversion to such formula charge under Sections 205 or 206 of the federal Power Act. 4. If, pursuant to Section 16.1.7 of the lOA, the then-current reserve situation in the Control Area requires purchases of capacity from other control areas in order to maintain or restore the reliability and integrity of the Control Area, Vernon shall use its best efforts to purchase Replacement Capacity from Third Parties outside of the Control Area. In the event Vernon is unable to secure Replacement Capacity from Third Parties, Vernon shall then purchase Replacement Capacity from Edison at the charge calculated in accordance with the formula specified in Section 16.1.4 of the lOA. 5. Edison shall make available Replacement Capacity in accordance with this Agreement at midnight on December 31, 1989, or upon the effective date of this Agreement pursuant to Paragraph 8 herein, whichever is later. Unless otherwise agreed and confirmed in writing by the Parties, and except as provided in Paragraphs 3, 4, 6, and 9 hereof, Edison shall continue to make available Replacement Capacity at the charge of ten cents ($0.10> per kilowatt per day specified pursuant to Paragraph 3 hereof, through December 31. 1990. Unless otherwise agreed by the Parties, the charge for Replacement Capacity shall terminate and revert to the charge calculated in accordance with the formula specified in Section 16.1.4 of the lOA after that date. Vernon waives any challenge to such termination. Vernon shall not request a suspension or otherwise protest a reversion to such formula charge under Sections 205 or 206 of the Federal Power Act. 6. Either Edison or Vernon may terminate Replacement Capacity purchases and sales at the charge of ten cents ($0.10> per kilowatt per day, as specified in Paragraph 3 hereof. by submitting written notice to the other Party via certified mail return receipt requested, no later than ten (10) calendar days prior to the requested termination date. ). , City of Vernon Page 3 November 21, 1989 -/',: 7. All written notices given herein shall be in accordance with Section 38 of the lOA. 8. Edison and Vernon agree that this Agreement is in implementation of and entered into pursuant to the lOA. This Agreement shall become effective on the date following execution by both Parties and acceptance for filing by the Federal Energy Regulatory Commission (FERC) without suspension; provided, however, if upon such filing the FERC enters into a hearing to determine whether this Agreement is just and reasonable, it shall not become effective until the date when an order no longer subject to jUdicial review has been issued by the FERC determining this Agreement to be just and reasonable without changes or new conditions unacceptable to either Party. Vernon shall pay all the necessary fees for filing with the FERC. Vernon agrees that is shall not contest such filing. 9. Nothing contained herein shall be construed as affecting in any way the ri ght of (i) Edi son, in maki ng avail ab 1 e servi ce hereunder, to unilaterally make application to FERC for a change in rates, charges, classification, or service, or any rule, regulation, or contract relating thereto under Section 20S of the Federal Power Act and pursuant to the rules and regulations promulgated by FERC thereunder and have such change become effective pursuant to Section 20S of the Federal Power Act or (ii) the right of Vernon to oppose such changes, under Section 20S of the Federal Power Act. No provision of this Agreement shall be deemed a waiver by either Party of any position with regard to any rights or duties under the lOA. 10. Except for the definition of ths IIAgreement,1I all terms used herein with initial capitalization (whether in the singular or plural) shall have the meanings specified in the lOA. Replacement Capacity arrangements specified herein are in implementation of the lOA, and shall neither alter nor amend the lOA. Nothing contained herein shall be construed so as to impair Edison's future right to charge Vernon the charge calculated in accordance with the formula specified in Section 16.1.4 of the lOA for Replacement Capacity immediately upon termination of this Agreement. 11. The Parties agree that the November 4, 1988 Agreement is terminated as of midnight December 31, 1989, and this Agreement supersedes it except for any outstanding payment obligations referred to therein. 12. Unless terminated earlier in accordance with Paragraph 3 hereof, this arrangement shall terminate at midnight on December 31, 1990. ~ ' ." City of Vernon Page 4 November 21, 1989 If Vernon finds the aforementioned acceptable, please so indicate by signing both originals of this letter and returning one of them to Edison. Sincerely, SOUTHERN CALIFORNIA EDISON COMPANY APPROVED AS TO FORM: OAVtD N. a~"~' J" :+:r!~Z:m'~j'_' 'I". ,~ .~ 2- . Attol'lre)" . (,,19, By k:L J:-kL. Vice President CITY OF VERNON Agreed and Accepted thi s 5th day of December ,1989. By~~~~i . Attest: /-/dd~~ City Clerk APPROVED AS TO FORM :.;t;, ~::'" \j..QL-.-,~,19rz "~~p ()(0,~~ ,i..e...-:;;"...~ !TTORNEY.