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Resolution No. 2012-166RESOLUTION Mi 2012-166 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF INTERIM INTERRUPTIBLE SERVICE RATE AGREEMENT BY AND BETWEEN THE CITY OF VERNON AND MATHESON TRIGAS WHEREAS, the City of Vernon provides interruptible electric service to Matheson Trigas ("Matheson") pursuant to an Interruptible Service Agreement (the "Agreement") executed on September 18, 2006; and WHEREAS, under the Agreement Matheson receives monthly bill credit per kW -month for all interruptible demand Matheson committed to curtail at a time of interruption; and WHEREAS, City staff has determined that the bill credit offered by the City is lower than the credit offered by another. utility; and WHEREAS, by memorandum dated August 14, 2012, the Director of Light & Power has requested the approval of an Interim Interruptible Service Rate Agreement (the "Interim Agreement") to provide incentive to Matheson to keep its operations in Vernon and maintain its electricity usage at historical levels while further studies are conducted; and WHEREAS, the Interim Agreement would increase the bill credit from the current effective rate of $4.46 per kW month to. $14.70 per, kW month for all interruptible demand. 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 Interim Interruptible Service Rate Agreement (the "Interim Agreement") with Matheson Trigas, in substantially the same form as the copy which is attached hereto as Exhibit A. SECTION 3: The City Council of the City of Vernon hereby authorizes the Mayor or Mayor Pro-Tem to 'execute the Interim Agreement for, and on behalf of, the City of Vernon and the City Clerk, or Deputy City Clerk, is hereby authorized to attest thereto. SECTION 4: The City Council of the City of Vernon hereby instructs the City Administrator, or his designee, to take whatever actions are deemed necessary or.desirable for the purpose of implementing and carrying out the purposes of this Resolution and the transactions herein approved or authorized, including but not limited to, any nonsubstantive changes to the Interim Agreement attached herein. SECTION 5: The City Council of the City of Vernon hereby directs the City Clerk, or the City Clerk's designee, -to send a fully executed Interim Agreement to Matheson. _2 SECTION 6: The City Clerk of the City of.Vernon shall certify to the passage, approval and adoption of this resolution, and the City Clerk of the City of Vernon shall cause this resolution and the City Clerk's certification to_be entered in the File of Resolutions of the Council of this City. APPROVED AND ADOPTED this 21st day of August, 2012. P`A � Name William J. Davis Title/ Mayor Pro-Tem ATT lard Yam ur, OC ty Clerk STATE OF CALIFORNIA ) ss COUNTY OF LOS ANGELES ) I, Willard G. Yamaguchi, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 2012-166, was duly passed, approved and adopted by the City Council of the City of Vernon at a regular meeting of -the City Council duly held on Tuesday, August 21, 2012, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. Executed this day of August, 2012,-at Vernon, California. (SEAL) EXHIBIT A INTERIM INTERRUPTIBLE SERVICE RATE AGREEMENT This Interim Interruptible Service Rate Agreement ("Interim Agreement") is entered into this day of August; 2012 by and between the CITY OF VERNON ("Vernon") and Matheson Trigas ("Customer"). WHEREAS, Vernon provides interruptible electric service to Customer,_ under Schedule TOU-1 pursuant to an Interruptible Service Agreement executed on September 181h, 2006 ("2006 Agreement"); and WHEREAS, pursuant to the 2006 Agreement, customer agreed to disconnect load within 30 minutes of receiving notice from Light and Power Department; and WHEREAS, under Schedule TOU-I, Customer receives monthly bill credit per kW month for all interruptible demand Customer committed to curtail at a time of interruption; and WHEREAS, at Customers request; Vernon staff reviewed the interruptible service bill credit offered by another utility where Customer's other facility is located; and WHEREAS, Vernon staff analysis confirmed that the bill credit offered by Vernon is lower than the credit offered by the other utility; and WHEREAS, exhibit -IA to this Interim Agreement shows the additional billing under the current effective Vernon rate schedule; and WHEREAS, Vernon has committed to conduct further studies to determine terms and conditions for the provision of interruptible services in the future; and WHEREAS, customer is among the largest electric users in Vernon; and WHEREAS, this Interim Agreement will provide incentive for Customer to keep its operations in Vernon and maintain its electricity usage at historical levels while further studies are conducted; and WHEREAS, the interruptible service purchased by customer is a resource to Vernon as it is a component of Vernon's resource adequacy requirement compliance portfolio; and WHEREAS, this Interim Agreement gives Vernon sufficient time to study terms and conditions for the provision of interruptible services in the future. NOW, THEREFORE IT IS AGREED AS FOLLOWS: 1. Subject to approval by the Vernon City Council, this Interim Agreement will be in effect for the twelve (12) month period beginning July 1, 2012 and ending June 30, 2013. 2. Customer agrees to continue receiving interruptible electric service pursuant to the terms and conditions of the 2006 Agreement and the TOU-1 rate Schedule, except as provided for below. 3. Customer agrees to maintain a minimum monthly electricity and demand usage level no lower than Customer's lowest monthly electricity usage and lowest peak demand set during the period between July 1, 2011 and June 30, 2012 ("Minimum Load.") 4. Customer's monthly bill will be credited $14.70 per KW month for all kW in excess of the Customer specified Firm Demand level as described in the 2006 Agreement. 5. If, for any month the Customer's usage falls below the Minimum Load level, unless due to reasons beyond Customer's control which does not include economic reasons by Customer, Customer will not be entitled to the monthly bill credit. 6. Vernon has appointed a new City Attorney who is scheduled to assume office on September 10, 2012. Vernon and Customer agree that the new City Attorney may review and revise this agreement provided, however, that the negotiated provisions of Sections 1-5 above shall not be substantively changed. City Of Vernon Matheson Trigas BY: BY: William Davis, Mayor Pro-Tem ATTEST: Willard G. Yamaguchi, City Clerk APPROVED AS TO FORM: .Willard G. Yamaguchi, Chief Deputy City Attorney Month Billing Difference January $152,285.90 February $152,900.95 March $139,969.47 April $152,172.67 May $183,814.94 June $55,878.63 July $269,188.56 August $209,172.14 September $259,272.17 October $187,041.83 November $153,899.70 December $152,229.44 Total $2,067,826.40 Juarez, Debbie From: Muro, Eva Sent: Wednesday, August 22, 2012 5:18 PM To: Hunter, Audra Cc: Juarez, Debbie Subject: FW: Matheson Trigas Resolution No. 2012-166 - Mailing Address for Matheson Contact Person Ok thanks Eva Muro City Attorney Dept., City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Work; (323) 583-8811 x 273 Fax: (323) 826-1438 CONFIDENTIALITY NOTICE: This e-mail transmission, and any documents, files or previous e-mail messages attached to it may contain confidential information that is legally privileged. If you are not the intended recipient, or a person responsible for delivering it to the intended recipient, you are hereby notified that any disclosure, copying, distribution or use of any of the information contained in or attached to this transmission is STRICTLY PROHIBITED. If you have received this transmission in error, please immediately notify the sender. Please destrM the original transmission and its attachments without reading or saving in any manner.. From: Hunter, Audra Sent: Wednesday, August 22, 2012 5:12 PM To: M u ro, Eva Subject: RE: Matheson Trigas Resolution No. 2012-166 - Mailing Address for Matheson Contact Person I still have them. They will not be executed until the new City Attorney reviews the agreement, and Matheson Trigas expanded on the language under Section 5, so there will be a slight change. From: Muro, Eva Sent: Wednesday, August 22, 2012 12:00 PM To: Hunter, Audra Cc: Juarez, Debbie Subject: RE: Matheson Trigas Resolution No. 2012-166 - Mailing Address for Matheson Contact Person Audra, I do not have the contact information Debbie is requesting below. Could you please provide the information to her? Can you also provided status of the executed agreements from Matheson (given to you on August 16cn) . Thanks. Eva Muro City Attorney Dept., City- of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Work: (323) 583-8811 x 273 Fax: (323) 826-1438 , CONFIDENTIALITY NOTICE: This e-mail transmission, and any documents, files or previous e-mail messages attached to it may contain confidential information that is legally privileged. If you are not the intended recipient, or a person responsible for delivering it to the intended recipient, you are hereby notified that any disclosure, copying, distribution or use of any of the information contained in or aaachec' to this transmission is STRICTLY PROHIBITED. If you have received this transmission in error, please immediately notify the sender. Please destroy the original transmission and its attachments without reading or saving in any manner. From: 3uarez, Debbie Sent: Wednesday, August 22, 2012 11:32 AM To: M u ro, Eva Subject: Matheson Trigas Resolution No..2012-166 - Mailing Address for Matheson Contact Person Hi Eva. Can you please email me the person's name and address that I need to mail the agreement to? Thank you. Oefiorah juarez Records WanagenaentAssistant City of Vernon - City Cferk!s Office 4305 Santa TeArienue `Vernon, C%190058 (323) 583-88.11 2 RECEIVED AUG 16 2012 ale CITY ADMINISTRATION AEG � s zo,2 STAf F REPORT Oil CLERKSO kICE LIGHT & POWER DATE: August 14, 2012 TO: Mayor and City Council. FROM: Carlos R. Fandino, Jr., Director of Light and Power RE: INTERIM INTERRUPTIBLE SERVICE RATE AGREEMENT PURPOSE Pursuant to an Interruptible Service Agreement executed on September 18th, 2006, the City provides interruptible electric service to Matheson Trigas (Customer). Under the agreement, Customer receives monthly bill credit per kW -month for all interruptible demand Customer committed to curtail at a time of interruption. Recent analysis by Light and Power Department staff shows that the bill credit offered to Customer by Vernon is lower than credit offered by another utility where Customer's other facility is located. Staff seeks the City Council's adoption of an Interim Interruptible Service Rate Agreement that will be in effect for fiscal year 2013. Customer is among the largest electric users in Vernon. This Interim Agreement will provide incentive for Customer to keep its operations in Vernon and maintain its electricity usage at historical levels while further studies are conducted. The proposed interim agreement would increases the bill credit from the current effective rate of $4.46 per KW month to $14.70 per kW month for all interruptible demand. FISCAL IMPACT The financial impact is estimated at about $1.8 million in reduced revenues. RECOMMENDATION Staff recommends the City Council approve the Interim Interruptible Service rate Agreement at its meeting on August 21, 2012. CF:AA c: Document Control R-L OF h�l SVfy1Y IN9V R4,P CITY ATTORNEY'S OFFICE INTER -DEPARTMENT MEMORANDUM DATE: August 16, 2012 TO: Carlos Fandino, Director of Light & Power FROM: Willard G.'Yamaguchi, Chief Deputy City Attorne RE: Interim Interruptible Service Rate Agreement I have received and reviewed the Memorandum dated August 14, 2012, and the attachments thereto. The interim interruptible service rate agreement with Matheson Trigas draft is approved as to form. WY:em Enclosures INTEROFFICE.{ 1 Light & Power Department WIN I DATE: August 14, 2012 TO: Willard. Yamaguchi, City Attorney FROM: Carlos R. Fandino, Jr., Director of Light & Power SUBJECT: Interim Interruptible Service Rate Agreement Please review the attached agreement between Matheson Trigas (Customer) and the City of Vernon and approve as to form. CRF:ah Attachments INTERIM INTERRUPTIBLE SERVICE RATE AGREEMENT This Interim Interruptible Service Rate Agreement ("Interim Agreement") is entered into this day of August, 2012 by and between the CITY OF VERNON ("Vernon") and Matheson Trigas ("Customer"). WHEREAS, Vernon provides interruptible electric service to Customer, under Schedule TOU-1 pursuant to an Interruptible Service Agreement executed on September 18th, 2006 ("2006 Agreement")'; and WHEREAS, pursuant to the 2006 Agreement, customer agreed to disconnect load within 30 minutes of receiving notice from Light and Power Department; and WHEREAS, under Schedule TOU-I, Customer receives monthly bill credit per kW month for all interruptible demand Customer committed to curtail at a time of interruption; and WHEREAS, at Customers request, Vernon staff reviewed the interruptible service bill credit offered by another utility where Customer's other facility is located; and WHEREAS, Vernon staff analysis confirmed that the bill credit offered by Vernon is lower than the credit offered by the other utility; and WHEREAS, exhibit -IA to this Interim Agreement shows the additional billing under the current effective Vernon rate schedule; and WHEREAS, Vernon has committed to conduct further studies to determine terms and conditions for the provision of interruptible services in the future; and WHEREAS, customer is among the largest electric users in Vernon; and WHEREAS, this Interim Agreement will provide incentive for Customer to keep its operations in Vernon and maintain its electricity usage at historical levels while further studies are conducted; and WHEREAS, the interruptible service purchased by customer is a resource to Vernon as it is a component of Vernon's resource adequacy requirement compliance portfolio; and WHEREAS, this Interim Agreement gives Vernon sufficient time to study terms and conditions for the provision of interruptible services in the future. NOW, THEREFORE IT IS AGREED AS FOLLOWS: 1. Subject to approval by the Vernon City Council, this Interim Agreement will be in effect for the twelve (12) month period beginning July 1, 2012 and ending June 30, 2013. 2. Customer agrees to continue receiving interruptible electric service pursuant to the terms and conditions of the 2006 Agreement and the TOU-1 rate Schedule, except as provided for below. 3. Customer agrees to maintain a minimum monthly electricity and demand -usage level no lower than Customer's lowest monthly electricity usage and lowest peak demand set during the period between July 1, 2011 and June 30, 2012 ("Minimum Load.") 4. Customer's monthly bill will be credited $14.70 per KW month for all kW in excess of the Customer specified Firm Demand level as described in the 2006 Agreement. 5. If, for any month the Customer's usage falls below the Minimum Load level, unless due to reasons beyond Customer's control which does not include economic reasons by Customer, Customer will not be entitled to the monthly bill credit. 6. Vernon has appointed a new City Attorney who is scheduled to assume office on September 10, 2012. Vernon and Customer agree that the new City Attorney may review and revise this agreement provided, however, that the negotiated provisions of Sections 1-5 above shall not be substantively changed. City Of Vernon Matheson Trigas BY: BY: William Davis, Mayor Pro-Tem ATTEST: Willard G. Yamaguchi, City Clerk APPROVED AS TO FORM: Willard G. Yamaguchi, Chief Deputy City Attorney EXHIBIT - IA Month Billing Difference January $152,285.90 February $152,900.95 March $139,969.47 April $152,172.67 May $183,814.94 June $55,878.63 July $269,188.56 August $209,172.14 September $259,272.17 October $187,041.83 November $153,899.70 December $152,229.44 Total $2,067,826.40