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Resolution No. 6309 1 " 1 RESOLUTION NO. 6309 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- 93BP94106, 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 8 exchange energy for capacity and associated energy during the 9 month of September 1993; and 10 11 WHEREAS, BPA desires to sell or exchange capacity and associated energy to Vernon; and 12 WHEREAS, the City of Vernon may return energy to BPA 13 during the months of November and December 1993, in payment for 14 said capacity and associated energy received during September 15 16 1993. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE 17 CITY OF VERNON AS FOLLOWS: l8 SECTION 1: That the City Council of the city of Vernon 19 does hereby find and determine that the recitals contained 20 hereinabove are true and correct. 21 SECTION 2: The City Council of the city of Vernon hereby 22 23 approves the Letter Agreement, Contract No. DE-MS79-93BP94106, for the period September 1, 1993 through December 31, 1993, a copy of which has been presented to the city Council concurrently with 24 25 26 this resolution, and the City Council hereby orders said Letter Agreement to be received and filed by the City Clerk. 27 SECTION 3: The City Council of the City of Vernon hereby 28 authorizes the Mayor and City Clerk to execute said Letter 1 Agreement for, and on behalf of, the City of Vernon. 2 3 SECTION 4: The City Clerk of the City of Vernon shall certify to the passage of this resolution and thereupon and 4 thereafter the same shall be in full force and effect. 5 6 7 8 ATTA BRUCE V. 9 10 11 l2 l3 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 APPROVED AND ADOPTED this " MALKENHORST, city Clerk 17th day of August, 1993. ~"A:~:-L~fYor Pro Tem -2- 1 STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) 2 3 4 I, BRUCE V. MALKENHORST, City Clerk of the City of 5 6 Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 6309, 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, August 17. 1993, and thereafter was duly signed by the 9 Mayor of the City of Vernon. /2 /~ BRUCE V. MALKENHORST, City Clerk 10 11 12 (SEAL) 13 14 15 l6 17 l8 19 20 21 22 23 24 25 26 27 28 -3- l. ~ GJtf/ i! }. Department of Energy Bonneville Power Administration P.O. Box 491 Vancouver, Washington 98666-0491 r' i AUG 1 6 '~91 In reply refer to: PSC Contract No. DE-MS79-93BP94106 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 terms and conditions whereby the City of Vernon (Vernon) and the Bonneville Power Administration (BPA) (herein collectively referred to as "Parties" and individually as "Party"), enter into a capacity sale. 1. Term The term of this Agreement is from 0001 hours on September 1, 1993, and it shall terminate at 2400 hours on December 31,1993. 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 (NaB) or other PODs as mutually agreed. 3. Supply of Capacity and Associated Energy During September, BPA will make available peaking capacity in the amount of 12 megawatts (MW) demand. Vernon may schedule peaking energy associated with the capacity up to 12 hours per day, 60 hours per week. 4. Return of Energy Energy scheduled for return to BP A by Vernon shall be subject to the following: a. Vernon will return the amount of energy delivered under Section 3, during the period of November 1 through December 31,1993. b. All return energy shall be delivered at the POD. ). 2 c. Unless otherwise mutually agreed by the Parties, the maximum rate of return on any hour shall be 30 MW. d. BP A may defer receiving return energy from Vernon if BP A experiences minimum flow conditions. Deliveries reduced under this paragraph shall be rescheduled at times as agreed by the Parties. e. If V ernon is delivering return energy during hours when BP A is marketing nonfirm energy at the Standard nonfirm energy rate under BPA's NF-91 or successor NF-93 Rate Schedule, and such rate is 20 mills per kilowatthour or less, Vernon shall elect to either purchase or defer an amount of energy equal to Vernon's return energy schedule. Such purchases shall be made at the time of preschedule 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. f. If by December 31,1993, 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 BP A has been unable to receive all return energy for reasons beyond BPA's control, then Vernon shall begin deliveries at 2400 hours January 1, 1994, of 20 MW on each hour during Vernon's off-peak hours only until the balance of 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. g. All return energy ,will be prescheduled pursuant to Section 6 of this Agreement. 5. Schedulini a. During the month of September 1 through September 30, 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 November 1 through December 31,1993, for every normal workday observed by both Vernon and BP A, Vernon shall provide BP A 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 for the following day or days. 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. 6. Interruption Ri~hts a. BPA'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 BPA's ability to first serve its own firm customer load after fully committing all of its then available resources. . 3 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 consistent 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 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 minimize outage durations and to schedule the outages at mutually agreeable times. In the event it becomes necessary for BPA to curtail service to Vernon, BPA shall use its best efforts to notify Vernon as far in advance of the curtailment as possible. 7. Capacity Charg-e For capacity provided in September 1993 Vernon will pay BP A $3.00 per kilowattmonth times the maximum demand as given in Section 3. 8. Billin2iPayment 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 BPA 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 of Financial 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 of one-twentieth percent (0.05 percent) shall be applied each day to the sum of the unpaid amount and the 4 penalty charge. This interest charge shall be assessed on a 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. c. To terminate this Agreement, Vernon must provide written notice to the Director, Division of Power Supply, prior to August 27,1993; however, BPA may extend the above date to August 31,1993. 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 BP A The remaining original is for your files. Sincerely, ~~ Mark W. Maher Director, Division of Power Supply Accepted: CITY OF VERNON /" ' By ~~C'7~' . Leonis C. Mal urg .Title Mayor Dale O>:3'~-~ ~ ATTEST: ~ ~ ... ~. .~ Bruce V. Malkenhorst, City Clerk rAPPROVED AS TO FORM' \BY~...... Pn DAVID D. mm....rr,i; r <7 CITY ATTO,:j;.,;: lUG 20 '93