Loading...
Resolution No. 6540 .. _fit. , 1 RESOLUTION NO. 6540 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A BOULDER CANYON PROJECT IMPLEMENTATION AGREEMENT BETWEEN THE UNITED STATES, ACTING THROUGH THE WESTERN AREA POWER ADMINISTRATION, DEPARTMENT OF ENERGY AND THE BUREAU OF RECLAMATION, DEPARTMENT OF THE INTERIOR, AND THE FOLLOWING PARTIES: ARIZONA POWER AUTHORITY, COLORADO RIVER COMMISSION OF NEVADA, CITY OF BOULDER CITY, DEPARTMENT OF WATER AND POWER OF THE CITY OF LOS ANGELES, THE METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA, SOUTHERN CALIFORNIA EDISON COMPANY AND THE CITIES OF ANAHEIM, AZUSA, BANNING, BURBANK, COLTON, GLENDALE, PASADENA, RIVERSIDE AND VERNON 3 4 5 6 7 8 9 lO WHEREAS, the City of Vernon by Resolution No. 5356 on 11 January 6, 1987, entered into a contract with the Bureau of 12 Reclamation (an agency of the United States Department of Interior) 13 to invest funds for the uprating of electrical generation facilities 14 at Hoover Dam, which is part of the Boulder Canyon Project; and 15 WHEREAS, the Arizona Power Authority, the Colorado River 16 Commission of Nevada, the City of Boulder City, Nevada, and the 17 California Cities of Anaheim, Azusa, Banning, Burbank, Colton, 18 Glendale, Pasadena, and Riverside entered into similar contracts 19 with the Bureau of Reclamation; and 20 WHEREAS, the City of Vernon by Resolution No. 5355 on 21 January 6, 1987, and the above agencies (Schedule B Contractors) 22 entered into contracts with the Western Area Power Administration 23 ("Western," an agency of the United States Department of Energy) to 24 receive capacity and energy from the Boulder Canyon Project andlor 25 funds in repayment for the investment in the uprating project; and 26 WHEREAS, the Department of Water and Power of the City of 27 Los Angeles, the Metropolitan Water District of Southern California, 28 .., .. ~ ~ 1 and Southern California Edison Company (Schedule A Contractors) were 2 original participants in the Boulder Canyon project and in 1987 3 entered into contracts with Western to receive energy therefrom, but 4 have not participated in the uprating project; and 5 6 WHEREAS, various disagreements have developed between the contractors on one side and Western and the Bureau of Reclamation on 7 the other side with regard to the administration of the Boulder 8 Canyon project; and 9 WHEREAS, a dispute has developed between the Schedule B 10 Contractors and the Schedule A Contractors with regard to the 11 interpretation of the Western contracts and the correct procedures 12 for calculating and repaying the investments and accrued interest by 13 the Schedule B Contractors; and 14 WHEREAS, the Boulder Canyon Project contractors, Western 15 and the Bureau of Reclamation have been negotiating an 16 Implementation Agreement which will help in the administration of l7 the contracts for capacity and energy and which will provide a 18 methodology to seek resolution of the dispute over repaYments; and 19 WHEREAS, Western and the Bureau of Reclamation have given 20 preliminary approval to said Implementation Agreement. 21 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE 22 CITY OF VERNON AS FOLLOWS: 23 SECTION 1: The City Council of the City of Vernon hereby 24 finds and determines that the recitals contained hereinabove are 25 true and correct. 26 SECTION 2: The City Council of the City of Vernon hereby 27 approves the Implementation Agreement, a copy of which has been 28 -2- .. ,~ 1 " 'II- ;: presented to the City Council concurrently with this resolution, and 2 the City Council hereby orders said Agreement to be received and 3 filed by the City Clerk. 4 5 authorizes the Mayor and the City Clerk to execute said Agreement SECTION 3: The City council of the City of Vernon hereby 6 7 for, and on behalf of, the City of Vernon. SECTION 4: The City Clerk of the City of Vernon shall 8 certify to the passage of this resolution, and thereupon and 9 thereafter the same shall be in full force and effect. 10 11 12 13 14 A:4: 15 BRUCE V. 16 17 18 19 20 21 22 23 24 25 26 27 28 APPROVED AND ADOPTED this 1st day of November, 1994. ~ -- .. LEONIS C. BURG, Ma or -3- .. <' . , 1 STATE OF CALIFORNIA -. 3 I, BRUCE V. MALKENHORST, ci ty Clerk of the City of 6 4 Vernon, do hereby certify that the foregoing Resolution, being 5 Resolution No. 6540, was duly adopted by the city Council of the ) )ss 2 COUNTY OF LOS ANGELES ) City of Vernon at a regular meeting of the city council duly held on 7 Tuesday, November 1, 1994, and thereafter was duly signed by the 8 Mayor of the City of Vernon. 9 ft 10 BRUCE V. II l2 ( SEAL) 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -4-