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Resolution No. 6274 .. 1 RESOLUTION NO. 6274 2 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A LETTER AGREEMENT, CONTRACT NO. DE-MS79- 93BP94071, PROVIDING FOR A SEASONAL EXCHANGE OF CAPACITY AND ASSOCIATED ENERGY WITH BONNEVILLE POWER ADMINISTRATION ("BPA") 4 5 6 7 WHEREAS, the City of Vernon desires to purchase or exchange energy for capacity and associated energy; and WHEREAS, BPA desires to sell or exchange capacity and 8 9 10 associated energy to Vernon; and 11 12 WHEREAS, the City of Vernon may return energy to BPA during the month of January 1994 in payment for said capacity and 13 associated energy. 14 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: 15 16 17 SECTION 1: That the City Council of the City of Vernon does hereby find and determine that the recitals contained 18 hereinabove are true and correct. 19 SECTION 2: The City Council of the City of Vernon hereby 20 21 22 23 approves the Letter Agreement, Contract No. DE-MS79-93BP94071, a copy of which has been presented to the City Council concurrently with this resolution, and the City Council hereby orders said 24 Letter Agreement to be received and filed by the City Clerk. SECTION 3: The City Council of the City of Vernon hereby 25 26 authorizes the Mayor and City Clerk to execute said Letter Agreement for, and on behalf of, the City of Vernon. 27 III III 28 ... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 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 15th day of June, 1993. ATr~ /4~ BRUCE V. MALKENHORST, City Clerk -2- .. ... 1 STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) 2 3 4 I, BRUCE V. MALKENHORST, city Clerk of the City of 5 Vernon, do hereby certify that the foregoing Resolution, being 6 Resolution No. 6274, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held 7 8 on Tuesday, June 15. 1993, and thereafter was duly signed by the 9 Mayor of the City of Vernon. ft-~ BRUCE V. MALKENHORST, ity Clerk 10 11 12 (SEAL) 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -3- . 9j ~ Department of Energy Bonneville Power Administration P.O. Box 491 Vancouver, Washington 98666-0491 JUN 1 6 '993 In reply refer to: PSC Contract No. DE-MS79-93BP94071 Mr. Jorge Somoano City of Vernon Power and Light Department 4305 Santa Fe Avenue Vernon, CA 90058 Dear Mr. Somoano: The purpose of this letter agreement (Agreement) is to establish the ~rms and conditions whereby the City of Vernon (Vernon) and the Bonneville Power Adm;n;l;tration (BPA) (herein collectively referred to as ''Parties" and individually as "Party"), will enter into a. seasonal exchange and a capacity sale. 1. ThIm The term of this Agreement is from 0001 hours on July 1, 1993, and it shall terminate at 2400 hours on January 31,1994. All obligations shall remain in effect until satisfied except as provided in Section 9 of this Agreement. 2. Point of Delivery The Point of Delivery (POD) for Vernon to receive firm capacity and associated energy and for BPA to receive returned energy shall be the Nevada-Oregon Border (NOB) or other PODs as mutually agreed 3. Supply of Ca.pacity and Associated Ener2Y a. During July, BPA will make 21 megawatts (MW) of capacity available. Vernon shall schedule for delivery a minimum. of 9,374 megawatthours (MWh). If Vernon is required to reduce the amount, per Section 6 of this Agreement, then the minimum. take shall be reduced by the amount interrupted under Section 6. b. During August, BP A will make 12 MW of capacity available, and Vernon may take up to 12 hours per day and 60 hours per week. There will be no minimum take in August. 2 4. Return of Ener~ Energy scheduled for return to BPA by Vernon shall be subject to the following: a. Vernon will return the amount of energy delivered under Section 3, during January 1 through January 31, 1994. The total amount of energy will be reduced by the amount of energy returned to BPA pursuant to Section 4b. below. b. During the months of July through August, by mutual agreement, BPA may request and Vernon may deliver 2,250 MWh of energy per month. c. All return energy shall be delivered at the NOB. d.. Unless otherwise mutually agreed by the Parties, the maximum rate of return on any hour shall be 35 MW. e. BPA may defer receiving energy returns from Vernon ifBPA experiences minimum flow. conditions. Deliveries reduced under this paragraph shall be rescheduled at times ,as agreed by the Parties. f. BPA may, at its option, require Vernon to elect to either purchase or defer an amount of energy equal to Vernon's prescheduled return energy deliveries during hours when BP A is marketing nonfirm energy at the standard nonfirm energy rate on those same hours, and the standard nonfirm energy rate is 20 mills per kilowatthour or less. Such purchases shall be made at the time ofpreschedule at the nonfirm rate. If Vernon chooses to defer the energy, deliveries of such energy shall be rescheduled at times and rates as agreed to by the Parties. g. If by January 31, 1994, Vernon has been unable to deliver all return energy, which Vernon is obligated to return under this Agreement, for reasons beyond Vernon's control or BPA has been unable to receive all return energy for reasons beyond BP A's control, then Vernon shall begin deliveries at 2400 hours January 31, 1994, of21 MW on each hour during Vernon's off-peak hours only until the balance of returned energy to be delivered is zero. Vernon's off-peak hours are defined as the first six and last two hours of the day during Monday-Saturdays and all hours on Sundays. h. All returns will be prescheduled pursuant to Section 6 of this Agreement. 5. Aueust C~acity Char~e For capacity provided in August 1993 Vernon will pay BPA $3.00 per kilowattmonth times the maximum demand as given in Section 3b. 3 6. InteITl.\ption Riihts " a. BP A's obligation to make available capacity and associated energy provided for in Section 3 is a firm obligation. contingent only upon uncontrollable forces and upon BP A's ability to first serve its own firm customer load after fully committing all of its then available resources. b. The Parties agree to exercise reasonable diligence in maintaining their portions of the transmission system required to enable schedules under this Agreement. This may include the need to take facilities out-of-service in order to perform necessary maintenance COIlSistent with prudent utility practice. The Parties recognize that schedules under this Agreement may have to be reduced during such maintenance outages. Furthermore, emergency conditions on the system of either Party or on the system of a third party which is interconnected with the Parties could also preclude or inhibit transactions under this Agreement. ' c. In the event of either an emergency outage or a necessary maintenance outage which requires schedule curtailments, the Parties agree that transactions under this Agreement can be curtailed according to the contract provisions and accepted utility practices. The Parties shall make all reasonable. effort .to work to yninimize outage durations and to schedule the outages at mutually agreeable times. In the event it becomes necessary for BPAto curtail service to Vernon, BP A shall use its best efforts to notify Vernon as far in advance of the curtailment as possible. 7. Schednlini a. During the months of July 1 through August 31, 1993, for every normal workday observed by both Vernon and BPA, Vernon shall provide BPA an hourly schedule for the next day or days of the energy to be delivered. b. During the months of January 1 through January 31, 1994, for every normal workday observed by both Vernon and BPA, Vernon shall provide BPA an hourly schedule for the next day or days of the energy to be returned. c. Schedules shall be submitted by 0930 hours on each workday. Changes to scheduled deliveries and/or energy returns under this Agreement may be made only by mutual consent of both Parties, and both Parties endeavor to keep such changes to a minimum over the term of this Agreement. ~ .. " .;r 4 8. Billine:fPayment BPA shall render a monthly bill to Vernon pursuant to Section 5. Such power bill shall reference this contract number and shall be sent to: City of Vernon Director of Light and Power Department 4305 Santa Fe Avenue Vernon, CA 90058 Vernon shall pay BPA by the close of business on the 20th day after the date of the bill. Bills for amount due BP A of $50,000 or more must be paid by direct wire transfer. Bills for amount due BPA under $50,000 may be paid by direct wire transfer or mailed to: Bonneville Power Administration P.O. Box 6040 Portland, OR 97228-6040 The procedures to be followed in making direct wire transfer will be provided by the Office ofFinancia1 Management'and updated as necessary. Bills not paid in full on or before close of business on the due date shall be subject to a penalty charge of $25.. In addition, an interest charge ofone..twentieth percent (0.05 percent) shall be applied each day to the sum of the unpaid amount and the , penalty charge. This interest charge shall be assessed ona daily basis until such time as the unpaid amount and penalty charges are paid in full. Other provisions related to payment of bills specified in the current General Rate Schedule Provisions shall apply. 9. Nullification a. Vernon may terminate this Agreement prior to the effective date if Southern California Edison does not approve this resource as a Special Condition 12 resource in order for Vernon to receive capacity credit. b. Vernon may also terminate this Agreement prior to the effective date if Vernon believes the DC Line transmission service is not available or sufficiently reliable. '- , , '""- '", .', . '1',_. 5 c. To terminate this Agreement, Vernon must provide written notice to the Director, Division of Power Supply, prior to June 20, 1993; however, BPA may extend the above date to June 30, 1993. .If the above accurately reflects your understanding of our agreement, please indicate your approval by signing three originals of this Agreement and returning two originals to BPA The remaining original is for your files. Sincerely, ~ .k Mark W. Maher ' -V - Director, Division of Power Supply Accepted: CITY OF VERNON ~ :t1C - MayOr.... . .... ... .. ... ~PR<iVED P.S TO FORM: ' 6 -do?- 9'.3 · \)~ . t>. J' \7 A o~J.p City Attorry:y I Date . ~t2:-I, '7"> Date P.TT~ BY: - -p~ Title: City Clerk Date: ~ -d,2 -~3