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Resolution No. 5752 .-j 1 RESOLUTION NO. 5752 2 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF AN INTERRUPTIBLE GAS SALE AND PURCHASE AGREEMENT BY AND BETWEEN THE CITY OF VERNON AND MOCK RESOURCES, INC. PROVIDING FOR GAS PURCHASES 4 5 6 WHEREAS, the City Council by Resolution No. 5751 has 7 approved a Contract for Gas Service with the Southern California 8 Gas Company ("SoCalGas") providing for the sale and 9 transportation of gas purchased from other suppliers, for 10 electric generation produced by the two gas turbines installed 11 at the Vernon Diesel Plant; and 12 WHEREAS, the City of Vernon has been negotiating with 13 gas brokers to provide for the purchase of gas which may be 14 transported partially by others and partially by SoCalGas; and 15 WHEREAS, the City of Vernon desires to enter into an 16 Interruptible Gas Sale and Purchase Agreement with Mock 17 Resources, Inc. to provide the terms and conditions for the sale 18 and purchase of natural gas which would displace natural gas 19 that would otherwise be sold by SoCalGas from Mock Resources, 20 Inc. to be purchased by the City of Vernon at the delivery 21 point. 22 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF 23 THE CITY OF VERNON AS FOLLOWS: 24 SECTION 1: The City Council of the City of Vernon 25 hereby finds and determines that the recitals contained 26 hereinabove are true and correct. 27 SECTION 2: The City Council of the City of Vernon 28 hereby approves the Interruptible Gas Sale and Purchase 1 2 Agreement, a copy of which has been presented to the City Council concurrently with this resolution and the city Council hereby orders said Agreement to be received and filed by the City Clerk. 3 4 5 6 7 SECTION 3: The City Council of the City of Vernon hereby authorizes the Mayor and the City Clerk to execute said Agreement for, and on behalf of, the City of Vernon. 8 SECTION 4: The City Council hereby delegates to the 9 10 11 12 13 14 15 16 17 City Administrator or, in his absence, the Director of Light and Power, the authority to execute purchase orders for natural gas with other third party sellers in order to reduce the cost of fuel for the operation of Vernon's electric generation equipment. SECTION 5: 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 15th day of May, 1990. 18 19 ~Ct~~ T 0 S A. YB ,Mayor Pro Tem 20 21 ATTEST: ~ MALKENHORST, City Clerk 22 23 24 o BRUCE V. 25 26 27 28 -2- 1 STATE OF CALIFORNIA ) 2 ) ss COUNTY OF LOS ANGELES ) 3 I, BRUCE V. MALKENHORST, City Clerk of the City of 4 5 6 7 8 9 10 11 12 13 14 Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 5752, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Tuesday, May 15, 1990, and thereafter duly signed by the Mayor of the city of Vernon. (SEAL) 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -3-