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HomeMy WebLinkAboutReso 2010-066 - BANC Membership Agreement e e RESOLUTION NO. 2010 - 66 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND AUTHORIZING THE ELECTRIC UTILITY DIRECTOR TO EXECUTE THE BANC MEMBERSHIP AGREEMENT AND CONDUCT THE DAY-TO-DAY BUSINESS OF THE BANC WHEREAS the City of Redding's Electric Utility (City), along with the Sacramento Municipal Utility District, the Modesto Irrigation District, and Roseville Electric, has entered into a Joint Exercise of Powers Agreement for the creation of a Joint Powers Agency that is known as the Balancing Authority of Northern California (BANC) in order to further the Parties' mutual interests in specifically providing Balancing Authority services, as well as other activities in connection with the production, procurement, and/or sale of electric power and energy, facilities, and resources; and WHEREAS the BANC Commission on June 30, 2010, by resolution has approved the BANC Membership Agreement and the BANC Services Agreement; and WHEREAS the City has determined that the continued participation in the BANC is desirable and furthers the public purpose of the City; and NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Redding approves the following: 1. Execution ofBANC Membership Agreement. The City Council approves and authorizes the Electric Utility Director (or his designee) to execute and the City Clerk to attest the BANC Membership Agreement in substantially the form on file with the City Clerk, together with any minor changes deemed advisable by the City Attorney. 2. Official Actions. The Electric Utility Director (or his designee), the City Clerk, and all other proper officers of the City are authorized and directed to take all actions and do all things necessary or desirable hereunder with respect to the business of the BANC including, but not limited to, the execution and delivery of any and all agreements, amendments to agreements, amendments to the JP A, certificates, instruments, and other documents which they, or any of them, may deem necessary or desirable and consistent with the business of the BANC or the purpose of this Resolution. 3. Effective Date. This Resolution will take effect immediately upon its adoption. I HEREBY CERTIFY that the foregoing Resolution was introduced, read, and adopted at a regular meeting of the City Council on the 20th day of July, 2010, by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: Bosetti, Dickers , None None None gall, and Jones -::, '-.,.I ~". '- F\~"''''~''''~_-: . '"""":, .... ..../~. ~ j ,-J 'f :_-"'. ' Attest:... '~.~. \~, l' , , / / ':_ ..;-. ~,tn,l-"'" P AMEL~^r:J;IZE,-. Ci~~k 'J. ........._~. .."~ -" Form Approved: ~ ~ 0\