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HomeMy WebLinkAboutReso 2007-126 - Energy Sale e e RESOLUTION NO. 2007- 126 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND AUTHORIZING THE CITY MANAGER OR HIS DESIGNEE TO SIGN THE SUPPLEMENTAL ENERGY SALE AND SCHEDULING SERVICES AGREEMENT WITH THE CITY OF SHASTA LAKE WHEREAS the City of Redding desires to provide the City of Shasta Lake (the "Parties") with Supplemental Energy and Scheduling Services; and WHEREAS the current agreement between the City of Shasta Lake and the City ofRetlding for Supplemental Energy and Scheduling Services will expire on December 31,2007; and WHEREAS the City of Shasta Lake desires to procure Supplemental Energy and Scheduling Services from the City of Redding for a term often years at cost-based rates; and WHEREAS the Parties have jointly developed a cost-based Supplemental Energy Sale and Scheduling Services Agreement; and NOW, THEREFORE, BE IT RESOLVED by the City Council ofthe City of Redding that they deem it in the best interests ofthe City's electric utility customers that the Supplemental Energy Sale and Scheduling Services Agreement be approved in substantial final form and the City Manager or his designee be authorized to sign the Agreement when finalized. I HEREBY CERTIFY that the foregoing resolution was introduced, read and adopted at a regular meeting of the City Council on the 19th day of June, 2007, by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: Bosetti, Jones, Murray, Stegall, and Dickerson None None None {ilL {~ DICK DICKERSON, Mayor Attest: .... :' 4~" Form Approved: \, ~ "," ,-. '"~ ' ...." ,"~' .-=- '~ ;'., . ,. -..... ,: ....~ ' CPNNJ~,STROH~V .,~ ',"_-:" >"- RICHARD A. DUVERNAY, . Attorney ,.., '.... ,.<1'" ............ - . . ~ $ ~