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HomeMy WebLinkAbout7-CONS~1Agenda TRUC EE DONNER Public Utility District CONSENT To: Board of Directors From: Stephen Hollabaugh Date: May 02, 2012 Subject: Consideration of Approving the NCPA and Truckee Donner Public Utility District Power Management Agreement Amendment No. 5 1. WHY THIS MATTER IS BEFORE THE BOARD This item concerns an amendment to a contract that was originally authorized by the Board, therefore the proposed amendment must also be authorized by the Board. PA:I6"1101:vi The Board authorized the Power Management Agreement between the Northern California Power Agency (NCPA) and Truckee Donner Public Utility District (District) on August 1, 2007, and was to terminate automatically, according to the terms of the agreement on June 30, 2008. The parties have subsequently executed Amendments to extend the term of the Power Management Agreement for the last four years. KAZIWiTAILl1701Nlyi1_11IIQZ The parties again propose to extend the term of the Power Management Agreement via Amendment No. 5. The NCPA Power Management Cost Allocation Study was recently completed and initially forecast the cost of this service to the District to be $57,082 annually. District staff reviewed this allocation study and was successful in reducing the cost to the District and only paying for the services needed by the District. The agreement is actually less than the FY12 Budget of $68,859 to the District. NCPA has forwarded to the District Amendment No. 5 to the Power Management Agreement (Attachment 1). This amendment extends the existing agreement to June 30, 2013. This Amendment was approved by the NCPA Commission on April 19, 2012. 4. FISCAL IMPACT Funding for this service is currently included in the FY12 budget. The amount charged to the District for this service is $57,082 annually. 5. RECOMMENDATION Authorize Amendment No. 5 to the Power Management Agreement between NCPA and Truckee Donner PUD. Stephen Hollabaugh Assistant General Manager 1�—,Z, 111f��- � 7 Michael D. Holley General Manager