Loading...
HomeMy WebLinkAboutReso 94-221 - Directing that COR assume purchase agreement No. 532-D Between Russelectric Inc & MLP Energy for provision of the control system at the Redding Power Gas Turbine Peaking Project & Assume Position of Principal RESOLUTION NO. 94- ZZI A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING DIRECTING THAT THE CITY OF REDDING (1) ASSUME PURCHASE AGREEMENT NO. 532-D BETWEEN RUSSELECTRIC, INC. AND MLP ENERGY FOR THE PROVISION OF THE CONTROL SYSTEM AT THE REDDING POWER GAS TURBINE PEAKING PROJECT; AND (2) ASSUME THE POSITION OF PRINCIPAL. WHEREAS, the City of Redding (the Buyer) , acting by and through its exclusive agent, MLP Energy (MLP) , a California Limited Partnership, entered into Purchase Agreement No. 532-D with Russelectric, Inc. , a Massachusetts Corporation, effective December 31, 1992; and WHEREAS, it is deemed to be in the best interests of the City of Redding that the City Council assume the Agreement between Russelectric, Inc. and MLP, and assume the position of principal; IT IS THEREFORE RESOLVED that the Council hereby directs that the City of Redding ( 1) assume Purchase Agreement No. 532-D between Russelectric, Inc. and MLP Energy for the provision of the control system at the Redding Power Gas Turbine Peaking Project; and (2) assume the position of principal; BE IT FURTHER RESOLVED that the previous assumptions are conditioned upon the following: 1. Russelectric, Inc. to agree that the August 1, 1994 , date contained in its letter of June 16, 1994, to Phil Heckenberg regarding start-up shall be amended to be November 1, 1994 ; 2. Russelectric to acknowledge the City of Redding as principal; and 3. Russelectric to provide to the City of Redding the performance bond called for in Purchase Agreement No. 532-D. I HEREBY CERTIFY that the foregoing Resolution was introduced, read, and aded at a regular meeting of the City Council on the S day of MU 1994, by the following vote: AYES: COUNC L MEMBERS: P. Anderson, McGeorge, Murray and R. Anderson NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: Kehoe OBERT C. ANDERSON, Mayor City of Redding �1 ATTEST- ( FORM APPROVED: ' CONNIE STRO YER, City Clerk RANDALL A. HAYS, City Attorney