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HomeMy WebLinkAbout7-1,attachment Power Mgmt AmendmentAttachment 1 ��CPA NORTHERN CALIfORNU POWER AGENCY NORTHERN CALIFORNIA POWER AGENCY AND TRUCKEE DONNER PUBLIC UTILITY DISTRICT POWER MANAGEMENT AGREEMENT AMENDMENT NO. 5 Recitals: This Amendment No. 5 to the Power Management Agreement between the Truckee Donner Public Utility and the Northern California Power Agency (collectively, "the Parties") is made with reference to the following facts, among others: The above referenced Power Management Agreement contained an Effective Date of August 1, 2007, and was to terminate automatically, according to its own terms, on June 30, 2008. Subsequently each year the Parties have executed an amendment to extend the term of the Power Management Agreement for the next fiscal year, most recently by Amendment No. 4 which extended the Power Management Agreement through June 30, 2012. The Parties again desire to extend the term of the Power Management Agreement through this Amendment No. 5 as more fully described below, and to adjust the amount payable for service provided hereunder to reflect the results of the NCPA Power Management Cost Allocation Study as approved by the NCPA Commission. Therefore, the Parties agree as follows: Section 3.5 of the Power Management Agreement is replaced in its entirety with the following: Effective Date: As per Section 4.1. Section 4.1 of the Power Management Agreement is replaced in its entirety with the following: Effective Date: This Agreement shall become effective on July 1, 2012. Section 4.2 of the Power Management Agreement is replaced in its entirety with the following: Termination: This Agreement shall automatically terminate at 2400 hours PPT, June 30, 2013. All obligations accrued prior to termination shall be preserved until satisfied. Section 5.1.2 of the Power Management Agreement is replaced in its entirety with the following: Scheduling Coordination Services: District shall pay NCPA an annual amount of $57,082 for Scheduling Coordination Services, such that each billing month District shall pay a charge of $4,756.83 for Scheduling Coordination Services. Power Management Agreement Amendment No. 5 Page 2of2 TRUCKEE DONNER PUBLIC UTILITY DISTRICT �0 Title: Date: NORTHERN CALIFORNIA POWER APPROVED AS TO FORM AGENCY 0 Title: General Manager Title: General Counsel Date: Date: