HomeMy WebLinkAboutReso. 1988-035 - Approving exhibit a (direct service discount) dated december 21, 1987 k •
RESOLUTION NO. gg" .3 5'
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
APPROVING EXHIBIT A (DIR.ECT SERVICE DISCOUNT) DATED
DECEMBER 21 , 1987 , OF SUPPLEMENT NO. 1 TO CONTRACT NO.
DE-MS65-83WP59008 DATED JANUARY 16 , 1984 , WITH THE
DEPARTMENT OF ENERGY, WESTERN AREA POWER ADMINISTRATION, AND
AUTHORIZING THE MAYOR TO SIGN SAME.
WHEREAS , the City of Redding has entered into a Power Sales
Contract with the Western Area Power Administration; and
WHEREAS , the direct service discount rate in said Contract
has been revised; and
WHEREAS , Exhibit A (Direct Service Discount) dated
December 21 , 1987 , of Supplement No. 1 to said Contract, a copy
of which Exhibit is attached hereto and incorporated herein by
reference, reflects such revision effective October 1 , 1987 ;
NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of
the City of Redding as follows :
1 . That the City Council of the City of Redding approves
the attached Exhibit A (Direct Service Discount) dated
December 21 , 1987 , of Supplement No. 1 to said Power Sales
Contract, effective October 1 , 1987 .
2 . The Mayor of the City of Redding is hereby authorized
and directed to sign the attached Exhibit A on behalf of the City
of Redding, and the City Clerk is hereby authorized and directed
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to attest the signature of the Mayor and to impress the official
seal of the City of Redding on the aforesaid Exhibit.
3 . A true copy of Exhibit A referred to herein is attached
hereto and made a part hereof.
I HEREBY CERTIFY that the foregoing Resolution was
introduced and read at a regular meeting of the City Council of
the City of Redding on the 2nd day of February , 1988 , and was
duly adopted at said meeting by the following vote:
AYES: COUNCIL MEMBERS: Carter , Fulton , Gard , Johannessen , & Dahl
NOES : COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS : None
'4 i ",/
MIKE DA L, Mayor
City of Redding
ATTEST:
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ETHEL A. NICHOLS, City Clerk
FORM PPROVED:
RAIDALL A. HAYS , City Attorney
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Supplement No. 1 to
Contract No. DE-MS65-83WP59008
EXHIBIT A
(DIRECT SERVICE DISCOUNT)
1. This Exhibit A, made this 21st day of December 1987, to be effective
under and as a part of Contract No. DE-MS65-83WP59008, dated January 16, 1984,
(hereinafter called the Contract), shall become effective on the first day of
October 1987, and shall remain in effect until superseded by another Exhibit A;
Provided, That this Exhibit A or any superseding Exhibit A shall be terminated
by the termination of the Contract.
Direct Service Discount Rate
2. On October 1, 1987, the direct service discount rate shall be 6.59
percent.
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THE UNITED STATES OF AMERICA
WESTERN REA OWER ADMINISTRATION
By
Title Area Manager
Address 1825 Bell Street, Suite 105
Sacramento, CA 95825
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CITY OF REDDING
By
Title
Address
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