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Resolution No. 5955 , ~ .. ,J J 1 RESOLUTION NO. 5955 2 5 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A LETTER OF INTENT REGARDING PURCHASE OF AN EARLY PRODUCTION 2 MEGAWATT CARBONATE FUEL CELL POWER PLANT 3 4 6 7 WHEREAS, the city of Vernon joined the Fuel Cell 8 Commercialization Group (FCCG) on August 20, 1990 because of the 9 City's interest in purchasing an early production 2-megawatt 10 carbonate fuel cell power plant (EPU) when production begins; 11 and 12 WHEREAS, the Fuel Cell Engineering Corporation (FCEC) 13 requires market commitments from members of the FCCG to obtain 14 funding from utility participants and third-party lenders for 15 prOduction of EPUs; and 16 WHEREAS, the Ci ty and FCEC still need to negotiate a 17 contract for purchase of an EPU, even after expression of a 18 market commitment for such a purchase by the City. 19 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF 20 THE CITY OF VERNON AS FOLLOWS: 21 SECTION 1: The City Council of the City of Vernon 22 hereby finds and determines that the recitals contained 23 hereinabove are true and correct. 24 SECTION 2: The City Council of the City of Vernon 25 hereby approves execution of the Letter of Intent, a copy of 26 which has been presented to the City Council concurrently with 27 this resolution, and the City Council hereby orders said Letter 28 of Intent to be received and filed by the City Clerk. " 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 , , , , . 1 SECTION 3: The City Council of the City of Vernon 2 hereby authorizes the Mayor to execute said Letter of Intent for, and on behalf of, the city of Vernon. 3 4 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. 5 6 7 APPROVED AND ADOPTED this 16th day of July, 1991. 8 9 ~~~~. A~~ BRUCE V. MALKENHORST, City Clerk -2- , . 1 STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) 2 3 I, BRUCE V. MALKENHORST, City Clerk of the City of 4 Vernon, do hereby certify that the foregoing Resolution, being 5 Resolution No. 5955, was duly adopted by the City Council of the 6 City of Vernon at a regular meeting of the City Council duly 7 held on Tuesday, July 16, 1991, and thereafter was duly signed 8 by 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- I!'" ~ . . CITY COUNCIL LEONIS C. MALBURG, Mayor THOMAS A. YBARRA, Mayor Pro-Tern Wm. "BILL" DAVIS H. "LARRY" GONZALES W. MICHAEL McCORMICK TELEPHONES CITY CLERK................ 583-8811 POLICE DEPT. ..............587-5171 FIRE DEPT. . . . . . . . . . . . . . . . . .583-4821 BUILDING DEPT. ... . . . . . . . . .583-8811 PUBLIC WORKS DEPT. . . . . . . . 5~3-8811 HEALTH DEPT. .............583-8811 ~(Q)lPY OFFICERS BRUCE V. MALKENHORST, City Administrator/City Clerk DAVID B. BREARLEY, City Attorney VICTOR H. V AITS, Director of Community Services KENNETH J. DEDARIO Director of Ught & Power LARRY SPADT, Fire Chief CITY HALL LOUIS ROSENKRANTZ Police Chief In Reply Refer to: 4305 SANTA FE AVENUE, VERNON, CALIFORNIA 90058 LETTER OF INTENT July 16, 1991 Mr. Robert F. Riordan, President Fuel Cell Engineering corporation 3 Great Pasture Road Danbury, Connecticut 06813 Re: 2 MW Early Production Unit Fuel Cell Power Plant Dear Mr. Riordan: The City of Vernon ("the City") has been a member in good standing of the Fuel Cell Commercialization Group ("FCCG") since August 20, 1990. The City joined the FCCG because of its interest in securing one of the Fuel Cell Engineering Corporation's ("FCEC") early production 2 MW carbonate fuel cell power plants, according to the understandings contained in the agreement entitled "Principles and Framework for commerciali~ing Direct Fuel Cell Power Plants" dated January 11, 1990 ("January 1990 Agreement"). This letter indicates the City's intent to execute a formal contract with FCEC for the purchase of a single 2 MW early production unit fuel cell power plant ("EPU"), subject to negotiation of a mutually satisfactory contract based on the January 1990 Agreement and subject to terms consistent with the City'S standard contractual requirements. The city is indicating its good faith at this time to enter into a contract with FCEC for an EPU for three reasons. First, the City understands the need both for the utility participants funding the first demonstration unit of FCEC's EPUs ("Demonstration Group") to have adequate assurances that sufficient market commitments exist for successful commerciali- zation of the technology and for sufficient letters of intent for EPUs to be in place before demonstration unit manufacturing can begin. ,.. , ~ Mr. Robert F. Riordan July 8, 1991 Page 2 Second, it is the formal policy of the FCCG that members of the FCCG shall formally sign a contract with the FCEC within a reasonable period after the model contract is accepted by the FCCG Board in order to maintain their order of royalty payment. The City has been following the development of this model contract, and it seems likely that the model contract will provide a basis for the City's negotiating its own contract with FCEC. Third, the ci ty understands that letters of intent will be useful in securing additional third-party funding to support FCEC's investment in manufacturing facilities and other commercialization requirements. with this expression of its intent,. the city wishes to encourage FCEC to develop the information "necessary for the negotiation of a formal contract in a timely manner. The entire fuel cell commercialization ini tiati ve depends on adherence by all parties to stated schedules. Very truly yours, ~niSC'. ~lb ~ ~~~r, City of LCM: go cc: Mr. Paul Eichenberger Santa Clara Demonstration Group Mr. Jeffrey Serfass Fuel Cell Commercialization Group MESSAGE DATE July 25, 1991 P _ 121 1 <"~,d: . '~, ..: tifl JU.........25-91 THU .. M 1 1 : 1216 DA..... I D BREARL.E..... ~TM LETTER "- ". - --~ ("; TO: Gloria Orosco NO. OF FROM: Judy PAGES INCLUDING THIS R..ASH--fAX'N FAX#: FAX#: PHONE #: -".__...._~---_.._-_..._... .------ - - --.,-......--..-- -~. SU~ECT Letter of Intent - Fuel Cell Power Plant Per your request for addresses of Paul Eichenberger and Jeffrey Serfass: Mr. Jeffrey A. Serfass, Executive Director, Fuel Cell Commercialization 1101 Connecticut Avenue, N.W., Suite 910, Washington, D.C. 20036; Mr. Paul Eichenberger, Chairman, Santa Clara Demonstration Group--ask Ken DeDario because letter that he sent to us does not have. *** Per Mr. DeDario, Eichenberger's address is: City of Santa Clara Electric Department, 1500 Warburton Avenue, Santa Clara, CA 95050. o PLEASE REPLY o NO REPLY NECESSARY SIGNED PLEASE INFORM US IMMEOIATEl Y IF YOU DO NOT RECEIVE FACSIMilE IN fULL REPLY DATE FAX REPLY NO. OF PAGES INCLUDING THIS :1f.ASIf-1AKN ,SIGNED ITE REPLY qN 1;HE, FA~~J" ,/;":i~ - i ,: ji(;,,:~~'.;,;~r~' ;;. ::'"\<y:-;::,:'~~~:,,:;tltt>:, " , ''i-~- '. \'/'~<; it -- THU 10:57 DAVID BREARLEY P _ 0 1 ~TM LETTER TO: Gloria Orosco NO. OF FROM: Judy PAGES INCWOING THIS ~ FAX#: FAX#: PHONE #: SUBJECT Letter of Intent - Fuel Cell Power Plant DATE J u 1 Y 25, 19 91 MESSAGE Per your request for addresses of Paul Eichenberger and Jeffrey Serfass: Mr. Jeffrey A. Serfass, Executive Director, Fuel Cell Commercialization 1101 Connecticut Avenue, N.W., Suite 910, Washington, D.C. 20036; Mr. Paul Eichenberger, Chairman, Santa Clara Demonstration Group--ask Ken DeDario because letter that he sent to us does not have. o PLEASE REPLY o NO REPLY NECESSARY SIGNEO PLEAse INFORM US IMMEDIATELY IF YOU DO NOT RECEIVE FACSIMilE IN FULL REPLY DATE FAX REPlY NO. OF PAGES INCLUDING THIS ~ .SIGNED