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HomeMy WebLinkAboutReso 2011-047 - Renewable Energy e e RESOLUTION NO. 2011 - 47 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND AUTHORIZING THE ELECTRIC UTILITY DIRECTOR TO EXECUTE THE RENEWABLE ENERGY PURCHASE AGREEMENT BETWEEN THE TRINITY PUBLIC UTILITIES DISTRICT AND THE REDDING ELECTRIC UTILITY WHEREAS, the law of the State of Cali fomi a (SB 1078) requires all public utilities to develop strategic plans to obtain energy from renewable resources. WHEREAS, City Council Resolution 20 11-22 directs the Redding Electric Utility (REU) to pursue renewable energy projects in furtherance of meeting SB 1078 requirements. WHEREAS, the Trinity Public Utilities District (TPUD) has offered to make certain excess hydro-power renewable energy from its Lewiston Dam Project available to the City of Redding along with all associated Renewable Energy Credits (RECs). WHEREAS, the City may acquire all excess renewable energy and associated RECs from the Lewiston Dam Project available from TPUD for up to a thirty-year term. WHEREAS, the acquisition of renewable energy is desirable and furthers the public purpose of the City. NOW, THEREFORE, BE IT RESOL YED that the City Council of the City of Redding approves the following: 1. Execution ofthe Renewable Energy Purchase Agreement. The City Council approves and authorizes the Electric Utility Director to execute and the City Clerk to attest the Renewable Energy Purchase Agreement (Agreement) between TPUD and REU in the form on file with the City Clerk. 2. Official Actions. The Electric Utility Director, 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 Agreement including, but not limited to, the execution and delivery of any and all other agreements, amendments to agreements, applications, certificates, instruments, and other documents which they, or any of them, may deem necessary or desirable and consistent with the business of the Agreement 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 19th day of April, 2011, by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: , ,'. Bosetti, Dickerson, Jones, Sullivan, and McArthur None None None '........ \ \......."'_, ..'..... -."f'.'J7.... ..::'...j ; ", "!' ~ ,r,.' . . r . . '\.. \. ',-, A.tte~t:, '':) -;- , ~. Form Approved: ~ .., '\ :.--~, ...// l,.' ~' ~ -........ ~ 1 rZ ~ PAMEL(~nZ~, C' ',.Clerk ... '" ~ ~ ,..,,'" -