Loading...
Resolution No. 896912 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 8969 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF AN AGREEMENT FOR PURCHASE AND SALE OF ASSETS BY AND AMONG THE CITY OF VERNON, ARIZONA PUBLIC SERVICE COMPANY, M-S-R PUBLIC POWER AGENCY, SALT RIVER PROJECT AGRICULTURAL IMPROVEMENT AND POWER DISTRICT, SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY AND TUCSON ELECTRIC POWER COMPANY RELATING TO MICROWAVE TOWERS WHEREAS, the Arizona Public Service Company ("APS"), the M-S-R Public Power Agency ("MSR"), the Salt River Project Agricultural Improvement and Power District ("SRP"), the Southern California Public Power Authority ("SCPPA") and the City of Vernon ("City") (collectively, the "Sellers") are joint owners of certain assets that are a part of a microwave communication system located at two separate sites in Mohave County, Arizona, to wit: Smith Peak and Getz Peak; and WHEREAS, Sellers desire to sell the assets to Tucson Electric 'ower Company ("TEP" or "Buyer") under the terms and conditions of an agreement for Purchase and Sale of Assets (the "Agreement"); and WHEREAS, the City owns approximately two percent (2%) of the assets and is expected to receive approximately $2,153.80 as its share of the sale of the assets; and WHEREAS, under the terms and conditions of the Agreement, SRPI lis appointed the agent for the Sellers for the purpose of executing and, (delivering a bill of sale to TEP; and WHEREAS, the Sellers and the Buyer are each required to execute a counterpart of the Agreement; ,and WHEREAS, City staff have recommended the approval of the Agreement. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 F�•l KDA 21 22 23 24 25 26 27 28 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: 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 the Agreement for Purchase and Sale of Assets with APS, MSR, SRP, SCPPA City and TEP, a copy of which is attached hereto as Exhibit A and incorporated by reference. SECTION 3: The City Council of the City of Vernon hereby authorizes the Mayor to execute said Agreement for, and on behalf of, the City of Vernon and the Acting City Clerk is hereby authorized to attest thereto. SECTION 4: The City Council of the City of Vernon hereby directs the Acting City Clerk, or his designee, to send seven (7) counterpart signature pages to: Salt River Project Agricultural Improvement & Power District Attn. Gary Frere, Mail Stop SEP007 P. O. Box 52025 Phoenix, AZ 85072-2025 SECTION 5: The Acting 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 1st day of February, 2006. ATTEST: BRUCE MALKENHORST, JR. Acting City Clerk - 2 - LEONIS C. MA BURG, Mayor Is STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, BRUCE V. MALKENHORST, JR., Acting City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 8969, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Wednesday, February 1, 2006, and thereafter was duly signed by the Mayor of the City of Vernon. (SEAL) 22 23 24 25 26 27 28 BRUCE MALKENHORST, JR. Acting City Clerk - 3 - Page I of 1 Romero, Debbie From: Tolmasoff, Tania Sent: Monday, April 21, 2008 9:15 AM To: Romero, Debbie Subject: RE: Agreement Inquiry Attachments: 8969 - Purchase and Sale of assets relating to Microwave Towers.pdf Here it is0 From: Romero, Debbie Sent: Monday, April 21, 2008 9:06 AM To: Tolmasoff, Tania Subject: RE: Agreement Inquiry Hi Tanya. Ali should have the second one. He was handling that one. When you get a chance, please send me the original agreement if you have it, but if you only have a copy then send me one. Thank you O From: Tolmasoff, Tania Sent: Monday, April 21, 2008 9:04 AM To: Romero, Debbie Subject: RE: Agreement Inquiry I have 8969, I do not understand the second half of your inquiry... From: Romero, Debbie Sent: Monday, April 21, 2008 7:18 AM To: Tolmasoff, Michelle; Tolmasoff, Tania Cc: Nour, Ali Subject: Agreement Inquiry When you get a chance, please check your files to see if you received either of the following agreements. I'm also checking with Judy. Thank you Resolution No. 8969 Purchase & Sale of Assets Agreement w/APS, M-S-R, SRP, SCPPA, TEP No Resolution — Approved through Finance Committee 02/21/06 — SoCalGas VPP Project Gas System Study — Revised Application for Certification (I will check with Ali Nour, too) 4/21/2008 AGREEMENT NOT RECEIVED - LEGAL DOES NOT HAVE A COPY ON FILE AGREEMENT FOR PURCHASE AND SALE OF ASSETS THIS AGREEMENT FOR PURCHASE AND SALE OF ASSETS (this "Agreement") is made and entered into by and among: ARIZONA PUBLIC SERVICE COMPANY, an Arizona corporation; M-S-R PUBLIC POWER AGENCY, a public entity organized and existing under and by virtue of the laws of the State of California; SALT RIVER PROJECT AGRICULTURAL IMPROVEMENT AND POWER DISTRICT; an agricultural improvement district organized and existing under the laws of the State of Arizona ("SRP"); SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY, a public entity organized and existing under and by virtue of the laws of the State of California, doing business in the State of Arizona as Southern California Public Power Authority Association and representing two separate ownership interests: the "Authority Members" meaning the Cities of Anaheim, Azusa, Banning, Burbank, Colton, Glendale, Los Angeles, Pasadena, and Riverside, California; and the "Authority Western" meaning the United States of America, Department of Energy, Western Area Power Administration; THE CITY OF VERNON, a municipal corporation of the State of California; (all of the foregoing entities are collectively referred to in this Agreement as the "Sellers"); and TUCSON ELECTRIC POWER COMPANY, an Arizona corporation ("Buyer"). Sellers and Buyer are collectively referred to in this Agreement as the "Parties." RECITALS A. Sellers are joint owners of certain assets that are part of a microwave communication system located at two separate sites in Mohave County, Arizona: Smith Peak and Getz Peak. Such assets are more particularly described in `Exhibit A" attached to this Agreement and are referred to in this Agreement collectively as the "Assets". B. Sellers desire to sell the Assets to Buyer and Buyer desires to purchase the Assets from Sellers on the terms and conditions of this Agreement. AGREEMENT In consideration of the foregoing and the mutual covenants and agreements set forth in this Agreement, the Parties.agree as follows: 1. Purchase and Sale Subject to the terms and conditions of this Agreement, Sellers agree to sell to Buyer, and Buyer agrees to purchase from Sellers on the "Closing Date" (as defined below) the Assets. The "Closing Date" or the "Closing" shall occur at a time and place mutually agreed upon by the Parties in writing upon satisfaction or Buyer's waiver of the conditions set forth in Section 6 of this Agreement. 2. Purchase Price The total purchase price for the Assets shall be ONE HUNDRED THOUSAND DOLLARS ($100,000.00) (the "Purchase Price"). The Purchase Price shall be payable at Closing by cashier's check, wire transfer or other immediately available or same -day funds to SRP, Fiscal Agent of the Mead -Phoenix Project. In turn, SRP will provide the following dollar credits to the Sellers in the amounts set forth opposite their names below: Arizona Public Service Company $18,153.85 M-S-R Public Power Agency $11,538.50 Salt River Project Agricultural Improvement and Power District $18,153.85 Southern California Public Power Authority (Authority Members) $18,307.70 The United States of America, Western Area Power Administration (Authority Western) $31,692.30 The City of Vemon $ 2,153.80 3. Sales Tax Buyer shall pay the amount of any tax or other charge now or hereafter imposed upon or with respect to the sale of the Assets. 4. Warranty of Title Sellers warrant that they are the owners of the Assets and that the Assets, as of the Closing Date, shall not be subject to any encumbrances, liens, security interests, or other defects in title. Sellers shall defend, indemnify and hold harmless Buyer for, from and against any claims related to defects in title, to the extent permitted by law. 5. No Other Warranties Buyer represents and warrants that it is familiar with the Assets, and Buyer is relying solely upon its own independent investigation and judgment with respect to the purchase of the Assets. EXCEPT FOR THE WARRANTY OF TITLE SET FORTH IN SECTION 4 ABOVE, SELLERS MAKE NO REPRESENTATION OR WARRANTY WHATSOEVER, EITHER EXPRESS OR IMPLIED, WITH RESPECT TO THE ASSETS, INCLUDING WITHOUT LIMITATION ANY WARRANTY OF MERCHANTABILITY, QUALITY OR FITNESS FOR A PARTICULAR PURPOSE. SELLERS ARE SELLING THE ASSETS IN THEIR "AS IS AND WHERE IS" CONDITION. 6. Conditions to Buyer's Obligation Buyer's obligations under this Agreement are subject to the satisfaction, on.or before the Closing Date, of the following conditions, each of which may be waived by Buyer by delivery to Seller of a written notice of such waiver: (a) The Department of the Interior, Bureau of Land Management, shall have approved in writing the assignment of the right-of-way grant identified by serial number AZA 23402 (Getz Peak); and 2 (b) The Department of the Interior, Bureau of Land Management, shall have approved in writing the assignment of the right-of-way grant identified by serial number AZA 19176 (Smith Peak). Sellers' sole obligation in connection with the foregoing assignments shall be to reasonably cooperate with Buyer in obtaining such approvals, including but not limited to executing such assignment documents as may be required by the Department of the Interior, Bureau of Land Management. Buyer shall be responsible for the payment of any applicable assignment fees. Effective upon the Closing, Sellers agree to assign to Buyer any prepaid lease fees or other fees applicable to the assigned interests 7. Sellers Obligation at Closing At the Closing, Sellers shall deliver a bill of sale to Buyer in the form attached to this Agreement as "Exhibit B." Sellers hereby appoint Salt River Project Agricultural Improvement and Power District as their agent for the purpose of executing and delivering the bill of sale. 8. Buyer's Obligation at Closing At the Closing, Buyer shall pay the Purchase Price to Sellers in the amounts and in the manner set forth in Section 2 above. 9. General Provisions 9.1 Entire Agreement, Modification. This Agreement, including any attached schedules or exhibits, constitutes the entire agreement among the parties and supersedes all prior and contemporaneous agreements and understandings of the parties with respect to the subject matter hereof. No supplement, modification or amendment of this Agreement shall be binding and enforceable unless executed in writing by the Parties. 9.2 Waiver. No waiver of any of the provisions of this Agreement shall be deemed, or shall constitute, a waiver of any other provision of this Agreement (whether or not similar) nor shall any waiver constitute a continuing waiver, and no waiver shall be binding unless executed in writing by the Party making the waiver. 9.3 Attorney's Fees. If any action, suit or proceeding is brought to enforce the terms of this Agreement, the prevailing Party(ies) shall be entitled to recover reasonable attorney's fees and costs to the extent permitted by law. 9.4 Assignability. Neither Buyer nor Sellers may assign any rights or delegate any obligations or duties under this Agreement without the prior written consent of the other Party(ies), which consent shall not be unreasonably withheld. 9.5 Governing Law, Jurisdiction; Venue; Waiver of Right to JM Trial. This Agreement shall be governed by and construed in accordance with the laws of the State of Arizona, without regard to conflicts of law principles. Any action, suit or proceeding arising out of or relating to this Agreement shall be prosecuted in a state or federal court of competent jurisdiction in Maricopa County, Arizona, and the Parties irrevocably submit to the jurisdiction of any such court. Notwithstanding the foregoing, if an agency of the United States Government is recognized as a Party in any proceeding, then the laws of the United States shall govern as to that Party. To the fullest extent permitted by law, each Party hereby irrevocably waives any and all rights to a trial by jury, and covenants and agrees that it will not request a trial by jury, with respect to any legal proceeding arising out of or relating to this Agreement. 9.6 Notices. Unless otherwise provided in this Agreement, all notices, requests, demands and other communications required or permitted under" this Agreement shall be in writing and shall be deemed duly given and received (i) if personally delivered, on the date of delivery, (ii) if mailed, three (3) days after deposit in the United States mail, registered or certified, return receipt requested, postage prepaid and addressed as provided below, or (iii) if by courier delivery service providing overnight or next -day delivery, on the next business day after deposit with such service, addressed to the Party(ies) at the addresses set forth in "Exhibit C attached to this Agreement. Any Party may change its address or the person designated to receive notices by giving written notice of the change in the manner provided above. 9.7 Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same agreement. 9.8 Signatures. The signatories below represent that they have been appropriately authorized to enter into this Agreement on behalf of the Party for whom they sign. SELLERS: ARIZONA PUBLIC SERVICE COMPANY M-S-R PUBLIC POWER AGENCY LE Print Name: IN Print Name: Title: Title: Date: Date: Cv- SALT RIVER PROJECT AGRICULTURAL IMPROVEMENT AND POWER DISTRICT By: Print Name: Title: Date: SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY (Authority Western) By: Print Name: Title: Date: BUYER: TUCSON ELECTRIC POWER COMPANY By: Print Name: Title: Date: N SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY (Authority Members) By: Print Name: Title: Date: THE CITY OF VERNON By. Print Name: Leonis C. Malburg Title: Mayor Date: ATTEST: By: Bruce V. Malkenhorst, Jr. Acting City Clerk APPROVED AS TO FORM: Eric T. Fresch, City Attorney 5 M "EXHIBIT A" ASSETS Smith Peak Equipment Building Tower Generator Fuel Tanks Battery Battery Chargers and DC Distribution system AC Electrical system Grounding System HVAC Equipment Microwave Radio Equipment Multiplex Equipment Storage Cabinet Microwave and VHF antennas on the tower Coax and Waveguide Fencing Miscellaneous Baseband Equipment Getz Peak Equipment Building Tower Generator Fuel Tanks Battery Battery Chargers and DC Distribution system AC Electrical system Grounding System HVAC Equipment Microwave Radio Equipment Multiplex Equipment Storage Cabinet Microwave antennas on the tower Coax and Waveguide Fencing Miscellaneous Baseband Equipment At Getz Peak, the following assets are excluded: VHF radio antenna phasing equipment N 6 "EXHIBIT B" BILL OF SALE Pursuant to the Agreement for Purchase and Sale of Assets dated ' 512006 (the "Agreement") among ARIZONA PUBLIC SERVICE COMPANY, an Arizona corporation; M-S-R PUBLIC POWER AGENCY, a public entity organized and existing under and by virtue of the laws of the State of California; SALT RIVER PROJECT AGRICULTURAL IMPROVEMENT AND POWER DISTRICT, an agricultural improvement district organized and existing under the laws of the State of Arizona; SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY, a public entity organized and existing under and by virtue of the laws of the State of California, doing business in the State of Arizona as Southern California Public Power Authority Association representing two separate ownership interests identified as "Authority Members" and "Authority Western"; and THE CITY OF VERNON, a municipal corporation of the State of California (collectively, "Sellers") and TUCSON ELECTRIC POWER COMPANY, an Arizona corporation ("Buyer'), Sellers, for and in consideration of the Buyer's payment of the purchase price set forth in the Agreement, the receipt of which is hereby acknowledged, do hereby transfer and assign to Buyer the assets listed on "Exhibit A" attached to this Bill of Sale (the "Assets"). Sellers warrant to Buyer that Sellers have good title to the Assets, and further warrant that Sellers have full right and authority to assign them by this Bill of Sale. Sellers have caused this Bill of Sale to be executed by Salt River Project Agricultural Improvement and Power District, for itself and as agent for the Sellers pursuant to Section 7 of the Agreement. SALT RIVER PROJECT AGRICULTURAL IMPROVEMENT AND POWER DISTRICT By: Print Name: Title: Date: If to Arizona Public Service: Robert Smith Arizona Public Service Co. P.O. Box 53999 M.S. 2260 Phoenix, AZ 85072-3999 If to SRP: Salt River Project P.O. Box 52025 Phoenix, AZ 85072-2025 Attn: Gary Frere, Mail Stop SEP007 With a copy to: Salt River Project P.O. Box 52025 Attn: Rob Kondziolka, Mail Stop POB100 If to M-S-R Public Power Agency: George Fraser M-S-R General Manager P.O. Box 4060 Modesto, CA 95352 If to the City Of Vernon: Donald O'Callahan City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 If to Southern California Public Power Authority: Bill Carnahan SCPPA Executive Director 225 S. Lake Avenue, Suite 1250 Pasadena, CA 91101 With a copy to: Mr. J. Tyler Carlson Western Area Power Administration Desert Southwest Regional Office ATTN: G6211 P.O. Box 6457 Phoenix, AZ 85005-6457 If to Tucson Electric Power Company: Mr. Lee Aitken Tucson Electric Power P.O. Box 711 M.S. DS315 Tucson, AZ 85702 8 SALT RIVER PROJECT AGRICULTURAL IMPROVEMENT AND POWER DISTRICT By: Print Name: Title: Date: SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY (Authority Western) By: Print Name: Title: Date: BUYER: TUCSON ELECTRIC POWER COMPANY By: Print Name: Title: Date: 5 M SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY (Authority Members) By: Print Name: Title: Date: THE CITY OF VERNON By:�,�-g� - Print Name: Leonis C . Malburg Title: Mayor Date: ATTEST: By: Bruce V. Malkenhorst, Jr. Acting City Clerk APPROVED AS TO FORM: Eric T. Fretch, City Attorney IL ` CITY COUNCIL LEONIS C. MALBURG Mayor THOMAS A. YBARRA Mayor Pro-Tem WM. "BILL" DAVIS Councilman H. "LARRY" GONZALES Councilman W. MICHAEL McCORMICK Councilman SOL BENUDIZ Police Chief MARK C. WHITWORTH Acting Fire Chief LEWIS J. POZZEBON Director of Environmental Health S. KEVIN WILSON Director of Community Services 4305 Santa Fe Avenue, Vernon, California 90058 SHARON L. DUCKWORTH telephone (323) 583-8811 February 15, 2006 FEB 2 Z a6 Salt River Project Agricultural Improvement & Power District Attn: Mr. Gary Frere Mail Stop SEP007 P.O. Box 52025 Phoenix, AZ 85072-2025 Re: Purchase and Sale of Assets by and Among the City of Vernon, Arizona Public Service Company, M-S-R Public Power Agency, Salt River Project Agricultural Improvement and Power District, Southern California Public Power Authority and Tucson Electric Power Company Relating to Microwave Towers Dear Mr. Frere: Transmitted herewith are seven (7) counterpart signature pages of the above -referenced agreement, approved by City Council on February 1, 2006, through Resolution No. 8969., If you have any questions regarding this matter, please call Mr. Abraham Alemu, at (323) 583-8811 Ext. 250. NG:dr c: Donal O'Callaghan Resolution No. 8969 Agreement No. 06-018 Very truly yours, Nelly r n Deputy City Clerk Ud"Outiv 3ahwf»t