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Resolution No. 5754 1 RESOLUTION NO. 5754 2 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF AN AMENDMENT ONE TO THE POWER SALE AGREEMENT NO. 2 (1989-90) BY AND BETWEEN THE CITY OF VERNON AND THE DEPARTMENT OF WATER RESOURCES OF THE-STATE OF CALIFORNIA 4 5 6 WHEREAS, the city Council of the City of Vernon adopted 7 Resolution No. 5479 on March 15, 1988, which approved and authorized the execution of a Power Sale Agreement No. 2 (1989- 8 9 90) between the City of Vernon and the Department of Water 10 Resources of the State of California ("DWR") which terminates on 11 12 December 31, 1990; and WHEREAS, the City Council of the City of Vernon adopted 13 Resolution No. 5700 on December 19, 1989, which approved and 14 authorized the execution of a Power Sale Agreement No. 3 (1991- 15 16 17 93) between the City of Vernon and DWR which terminates on December 31, 1993; and WHEREAS, the City of Vernon's need to purchase 18 associated energy during some hours under the Power Sale 19 Agreement No. 2 (1989-90) has decreased; and 20 21 WHEREAS, DWR could use the energy being made available to the City of Vernon for itself or for other purposes; and 22 23 WHEREAS, the City of Vernon and DWR desire to amend the Power Sale Agreement No. 2 (1989-90) to provide for possible 24 reductions in Vernon's obligation to accept associated energy 25 supplied by DWR and to provide for credit if such reduction is 26 taken; and 27 28 WHEREAS, the Amendment One to the Power Sale Agreement No. 2 (1989-90) would be effective beginning May 1, 1990 and ... 1 terminate on December 31, 1990. 2 3 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: 4 5 6 7 8 9 10 11 12 13 14 15 16 SECTION 1: The City Council of the City of Vernon hereby finds and determines that the recitals contained hereinabove are true and correct. SECTION 2: The City Council of the City of Vernon hereby approves Amendment One to the Power Sale Agreement No. 2 (1989-90), 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: 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 17 18 certify to the passage of this resolution and thereupon and thereafter the same shall be in full force and effect. 19 APPROVED AND ADOPTED this 15th day of May, 1990. 20 21 22 23 AT~ 24 BRUCE V. " -~~~' _//f~~ MALKENHORST, City Clerk 25 26 27 28 -2- 4" 1 STATE OF CALIFORNIA ) 2 ) ss COUNTY OF LOS ANGELES ) 3 I, BRUCE V. MALKENHORST, City Clerk of the City of 4 5 6 Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 5754, was duly adopted by the City Council of the ci ty of Vernon at a regular meeting of the City Council duly 7 held on Tuesday, May 15. 1990, and thereafter duly signed by the 8 9 10 11 12 13 14 15 16 Mayor of the City of Vernon. 4 F'0/P-9 BRUCE V. MALKENHORST, City Clerk (SEAL) 17 18 19 20 21 22 23 24 25 26 27 28 -3- ~... 'lo 1 2 3 DWR Contract No. 164034 4 CITY OF VERNON DEPARTMENT OF WATER RESOURCES OF THE STATE OF CALIFORNIA 5 AMENDMENT NO. 1 TO THE POWER SALE AGREEMENT NO. 2 ( 1989 - 90 ) 6 7 1. 8 9 10 11 12 2. 13 14 15 16 17 18 19 3. 20 21 4. 22 23 24 25 26 IIII 27 IIII COURT PAPER STATE OF CALIFORNIA STD. 113 (REV. 8.72' 85 34769 PARTIES: The Parties to this Amendment to the Power Sale Agreement are: city of Vernon "Vernon" and the Department of Water Resources of the state of California "DWR"; hereinafter sometimes referred to individually as "Party" and collectively as "Parties." RECITALS: This Amendment is made with reference to the following facts, among others: 2.1 Vernon's need to purchase associated energy under the Power Sale Agreement No. 2 (1989-90) has decreased. '" 2.2 DWR could use the energy being made available to Vernon for itself or for other purposes. Agreement: The Parties agree to amend the Power Sale Agreement No. 2 (1989-90) as follows: Add a new Subsection 5.1.3 as follows: "5.1.3 Vernon may reduce its obligation to accept associated energy supplied by DWR pursuant to Sections 5.1.1 and 5.1.2; provided, that such reductions do not - -. 1 2 3 4 5 5. 6 7 8 9 10 6. 11 12 13 7. 14 15 IIII 16 IIII 17 IIII 18 IIII 19 IIII 20 IIII 21 IIII 22 IIII 23 IIII 24 IIII 25 IIII 26 IIII 27 IIII COURT PAPER STATE 0" CALIFORNIA STD. 113 ,IlEV. 8.72' 8&34769 result in Vernon taking less than 95 percent of the energy Vernon is obligated to take or pay during that month. II Add a new Subsection 7.6 as follows: 117.6 DWR shall give Vernon credit for the associated energy not taken pursuant to Subsection 5.1.3, at a rate of 24.5 mills per kilowatthour." This Amendment shall be effective beginning May 1, 1990 and shall terminate when the Power Sale Agreement No. 2 terminates. All other terms and conditions of the Power Sale Agreement No. 2 remain unchanged. "'- :"\,. 1 8. signature Clause: The signatories to this Amendment to 2 the Power Sale Agreement represent that they have been 3 appropriately authorized to enter into this Amendment 4 on behalf of the Party for whom they sign. 5 6 APPROVED AS TO FORM 7 8 By: \)~'0,\S~ City Attorney. . CITY OF VERNON , . t By: %<,-t1Ut.-Y a, lbtt~ Mayor Pro Tettl 10 Date: May 29. 1990 11 ATTEST COURT PAPER STATE 0" CALIFORNIA STD, 113 ,REV. 8.72' 8S34769 9 12 13 By: d /;4/~ City Clerk 14 15 APPROVED AS TO LEGAL FORM AND SUFFICIENCY By: .~~ Assistant Chief Counsel 16 17 18 19 20 IIII IIII 21 22 IIII 23 IIII 24 IIII 25 IIII 26 IIII 27 IIII aOG19!IJ DEPARTMENT OF WATER RESOURCES OF THE STATE OF CALIFORNIA . b c. By: U. ~~R Deput ,6re~r Date: 6 zz" U ( . '. ;- -(i.; ':;',