HomeMy WebLinkAboutReso 97-032 - Approve Entering into agreement No 96-SNR-00110 for Funding of the Oper & Maint for Central Valley Project Power Facilities (Agremnt) by US Dept of Energy & Dept of Interior and CV Project Customers . ` � ' � � .
RESOLUTION NO. 97-�Z.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
REDDING APPROVING ENTERING INTO AGREEMENT NO. 96-SNR-
00110 FOR FUNDING OF THE OPERATION AND MAINTENANCE
FOR CENTRAL VALLEY PROJECT POWER FACILITIES
(AGREEMENT), BY AND BETWEEN THE FOLLOWING PARTIES:
iTNITED STATES DEPARTMENT OF ENERGY
WESTERN AREA POWER ADMINISTRATION
SIERRA NEVADA CUSTOMER SERVICE REGION
CENTRAL VALLEY PROJECT, CALIFORNIA
hereinafter called Western
and
iJNITED STATES DEPARTMENT OF INTERIOR
BUREAU OF RECLAMATION
MID-PACIFIC REGION
hereinafter called Reclamation
and
CENTRAL VA�LEY PROJECT CUSTOMERS
hereinafter called Customers
WHEREAS, federal appropriations to finance Reclamation's operation and
maintenance (O&M) activities have been declining over the past several years, and federal
appropriations to finance Western's O&M activities may also decrease in the future; and
WHEREAS, to properly maintain the Central Valley Project (CVP) power facilities �
and avoid deferred maintenance, Western and Reclamation require an adequate and reliable
source of funding for the O&M activities; and
�
WHEREAS, in order to assure a predictable flow of funds for O&M activities of the �
CVP power facilities, Western, Reclamation and the Customers wish to establish an O&M (�,`
Program that will provide a source of funds for the O&M of the CVP power facilities and wA ,
maximize the benefits from those facilities; `v
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NOW, THEREFORE, IT IS RESOLVED by the City Council of the City of Redding
that:
1. The Mayor is authorized to execute on behalf of the City of Redding the Agreement for
the Funding of the Operation and Maintenance for Central Valley Project Power
Facilities, Contract No. 96-SNR-00110.
2. The Mayor is authorized to execute Exhibit C to the Agreement to authorize the
individual customer commitment and contribution of the City of Redding to be set at
the qualifying contribution level of $173,118.25 for the fiscal year 2001; and is further
authorized to execute such other exhibit or document as may be necessary to provide
for the City's share of the initial funding of the reserve account in an amount not to
exceed $200,000.
3. The City Manager is appointed the designated representative of the City pursuant to
Section 7.6 of the Agreement.
I HEREBY CERTIFY that the foregoing resolution approving Agreement No. 96-
SNR-00110 was introduced, read and adopted at a regular meeting of the City Council on the
18th day of February, 1997, by the following vote:
AYES: COUNCIL MEMBERS: R. Anderson, Kehoe and Murray
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: P. Anderson and McGeorge
ABSTAIN: COUNCII, IV�MBERS: None
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,
DAVID . cGEOR / , Ma or
Attest: Form Approved:
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Connie Strohmayer, City er W. Leonard Winga•e, ity Attorney
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