HomeMy WebLinkAboutReso 2008-178 - Renewable Energy Exchange
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RESOLUTION NO. 2008 - 178
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING THE REDDING ELECTRIC UTILITY DIRECTOR TO
EXECUTE THE CONFIRMATION AGREEMENT FOR RENEWABLE
ENERGY EXCHANGE WITH SEATTLE CITY LIGHT
WHEREAS, the City Council has taken deliberate steps to ensure environmentally
conscious, low-cost renewable energy is an integral portion of Redding Electric Utility's power
supply portfolio; and
WHEREAS, on May 2, 2006, the City Council authorized the execution of a long-term
Renewable Energy Purchase Agreement with RLC Industries, the parent corporation of Roseburg
Forest Products Company, forrenewable energy from a yet-to-be constructed biomass plant in Weed,
California; and
WHEREAS, Redding Electric Utility staff has negotiated a no-cost renewable energy
exchange with Seattle City Light that will significantly reduce the total transmission delivery
expenses while maintaining the original value of the Renewable Energy Purchase Agreement with
RLC Industries; and
WHEREAS, on September 22, 2008, the City of Seattle City Council has authorized
execution of the Confirmation Agreement for Renewable Energy Exchange with Seattle City Light
subject to City of Redding City Council approval;
WHEREAS, the City Council believes that the renewable energy exchange is in the best
interest of the City of Redding;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding that
the Redding Electric Utility Director shall be authorized to execute the Confirmation Agreement for
Renewable Energy Exchange with Seattle City Light.
I HEREBY CERTIFY that the foregoing Resolution was introduced, read, and adopted at
a regular meeting of the City Council on the 18th day of November, 2008, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
Bosetti, Dickerson, Jones, and Stegall
None
Mnrray
None
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Attest:
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Form Approved:
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RICHARDA. DUVE AY, City Attorney
CONNIE S'R9~MA Y
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