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Resolution No. 97017 8 9 10 11 12 IRA 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 9701 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON DESIGNATING THE CITY'S REPRESENTATIVE FOR DISPUTE RESOLUTION AND DELEGATING TO SAID REPRESENTATIVE COMPLETE AUTHORITY TO RESOLVE ALL MATTERS RELATING TO ITS CONTRACTUAL RELATIONSHIP WITH BICENT (CALIFORNIA) POWER LLC WHEREAS, the City of Vernon (the "City") is; a municipal corporation and a chartered city of the State of California organized and existing under its Charter and the Constitution of the State of California; and WHEREAS, on December 17, 2007, the City Council of the City of Vernon adopted Resolution No. 9510 approving an Amended and Restated Purchase and Sale Agreement and other related documents including, but not limited to, the Power Purchase Tolling Agreement, the Ground Lease and other related documents (collectively, the "Purchase Agreement") with Bicent (California) Power LLC ("Bicent"), for the sale of the Malburg Generating Station and its entitlement to energy from the Hoover Uprating Project; and WHEREAS, Section 12.2, Informal Resolution, of the Purchase Agreement provides that unresolved disputes be initially referred to the City's City Administrator, or designee, and the President of Bicent for resolution in an effort to resolve disputes and WHEREAS, the City Council deems it prudent and necessary that Donal O'Callaghan, Director.,of Light & Power, be designated the City's representative for purposes of resolving any and all disputes under the Purchase Agreement pursuant to Section 12.2 of the Purchase Agreement, and that the City authorize Donal O'Callaghan to have 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 complete authority and responsibility to informally resolve all disputes pursuant to Section 12.2 of the Purchase Agreement. 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 designates Donal O'Callaghan, the Director of Light & Power, as the City's representative for purposes of informally resolving disputes with Bicent and any and all of its subsidiaries in accordance with Section 12.2 of the Purchase Agreement. SECTION 3: The City Council of the City of Vernon hereby delegates to Donal O'Callaghan, the Director of Light & Power, complete authority and responsibility to informally resolve all disputes pursuant to Section 12.2 of the Purchase Agreement. SECTION 4: The City Council of the City of Vernon hereby directs the City Clerk, or her designee, to send a copy of this resolution to: Paul B. Prager, President Bicent (California) Power LLC 103 N. Washington Street Easton, MD 21601 and Paul, Weiss, Rifkind, Wharton & Garrison LLP Attn: Carl L. Reisner, Esq. 1285 Avenue of the Americas New York, NY 10019 - 2 - 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 5: The City Council of the City of Vernon hereby authorizes the._Director of Light & Power to take any action deemed necessary to carry out or to perform such other acts and deeds as may be necessary or convenient to effect the purposes of this Resolution and the transactions herein authorized. SECTION 6: 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 18th day of August, 2008. ATT ST: M NUELA GIRON, ity Clerk Hilario Gonzales Name: Jam. ��.�r= /1i✓ Title: 4 / Mayor Pro-Tem - 3 - 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 STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, MANUELA GIRON, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 9701, was duly adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Monday, August 18, 2008, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. (SEAL) �- KATqbELA GIR N, City Clerk - 4 - -.dhp. _ . 4305 Santa Fe Avenue, Vernon, California 90058 Telephone (323) 583-8811 August 18, 2008 Paul B. Prager, President Paul, Weiss, Rifkind, Wharton & Garrison LLP Bicent (California) Power LLC Attn: Carl L. Reisner, Esq. 103 N. Washington Street 1285 Avenue of the Americas Easton, MD 21601 New York, NY 10019 Re: City's Representative for Dispute Resolution Gentlemen: Transmitted herewith is a copy of Resolution No. 9701 that was approved by City Council on August 18, 2008. If you have any questions regarding this matter, please call Mr. Donal O'Callaghan at (323) 583-8811 ext. 834. Very truly yours, Nel y Giron City Clerk NG:dr c: Donal O'Callaghan Resolution No. 9701 E-- CAsivefy Industrial STATE OF CALIFORNIA ) ss COUNTY OF LOS ANGELES) CERTIFICATE I, Manuela Giron, City Clerk of the City of Vernon, County of Los Angeles, State of California, hereby certify that the attached is a full and complete copy of: RESOLUTION NO. 9701 - A Resolution of the City Council of the City of Vernon Designating the City's Representative For Dispute Resolution and Delegating to Said Representative Complete Authority to Resolve All Matters Relating to Its Contractual Relationship With Bicent (California) Power LLC IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official Seal of the City �V�ernon, County of Los Angeles, State of California, on this 4 n,. r^�, day of August 2008. SEAL: Manuela Giron City Clerk