HomeMy WebLinkAboutReso 2009-053 - WAPA
. RESOLUTION NO. 2009 - 53 .
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AUTHORIZING THE REDDING ELECTRIC UTILITY DIRECTOR TO SIGN
BOTH THE CONTRACT FOR THE DISPLACEMENT OF BASE RESOURCE
ENERGY (CONTRACT NUMBER 09-SNR-01256) AND THE CONFIRMATION
LETTER FOR ADVANCE FUNDING WITH THE WESTERN AREA POWER
ADMINISTRATION
WHEREAS, on April 1 ,2009, the California Independent System Operator (CAIS0) implemented
the Market Redesign and Technology Upgrade; and
WHEREAS, Market Redesign and Technology Upgrade charges significant fees to import and
export power between the CAIS0 Balancing Authority and the Sacramento Municipal Utility District
Balancing Authority; and
WHEREAS, the Redding Electric Utility and the Western Area Power Administration reside within
the Sacramento Municipal Utility District Balancing Authority; and
WHEREAS, the Western Area Power Administration has implemented the Base Resource
Displacement Program to mitigate the additional expenses related to Market Redesign and Technology
Upgrade; and
WHEREAS, Redding Electric Utility will benefit through the reduction ofCAIS0 expenses through
utilizing the Base Resource Displacement Program when participating in the CAIS0 energy market;
WHEREAS, Western is requiring all base resource displacement customers to establish a trust
account for displacement services performed by Western;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding that the
Redding Electric Utility Director will be authorized to sign both the Contract for the Displacement of Base
Resource Energy (contract number 09-SNR -01256) and the Confirmation Letter for Advance Funding with
the Western Area Power Administration.
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 May, 2009, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
Dickerson, Jones, McArthur, Stegall, and Bosetti
None
None
None
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R CK BOSETTI, Mayor
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CONNIE STROHMA YER,
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Form Approved:
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RICHARD A. DUVERNA ity Attorney