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; andfor clean energy procurement regulatory requirementsmeet the District free attributes to help -carbonand valuable ars, termination at least every five ye t provisions that permitand
generation, including contracassociated with variable costs several factors exist as part of this new contract to help mitigate riskWHEREAS, December 31, 2054, subject to prior termination;
andremain in effect through on execution by WAPA and shallthe new contract will become effective upWHEREAS, ; andfor any reason the contractor terminate esource percentagecan reduce
the Base R the District, any time before July 1, 2024, WHEREAS to WAPA by March 16, 2021; acts must be executed and returnedcontresource 2025 CVP Base R, WHEREAS ; and, an increase
of almost 42 percentpercent 0compared to the existing contract percentage of 0.221to 0.30862 percent has increased with the new contract esource percentage Base R, WHEREAS 2054; and
January 1, 2025, and ending December 31,WAPA, beginning esource marketed and sold byBase Rpercent of the CVP hydropower receive 0.30862the District to entitles esource contracts
which2025 CVP Base Rthe new September 16, 2020, WAPA offered 2024 and on ,esource contract with WAPA expires on December 31Districtthe WHEREAS, 20 at a meeting duly called and held
on October 18, 2000; and-by Resolution 2000 esource contract with WAPAexisting Base RDistrict Board approved the , theWHEREAS d; anDistrict, including the and public agenciestate
and local governments, municipalities, Sto entities such as (Base Resource) Department of Energy, markets the remaining generation nited StatesUdministration under the A arketing(WAPA),
a Power Mtration , the Western Area Power AdminisWHEREAS water; and CVP generation is used first to operate the CVP and to pump and deliverWHEREAS, other facilities; andhydroelectric
power plants and much of Cmunicipal water to the Central Valley Project (CVP), first devised in 1933 to provide irrigation andAS, EWHER ; dministrationAarketing Federal Power M its
service area, and (ii) is eligible for a preference contract from aeral public within (i) owns and operates an Electric System for the provision of electric service at retail to the
genis a public agency of the State of California, and Donner Public Utility District (District) Truckee , the WHEREAS
WHEREAS, rkCMC, District Cle ,Shanna D. Kuhlemier_____________________________________ ATTEST: President of the Board ,Christa Finn By____________________________________ TRUCKEE
DONNER PUBLIC UTILITY DISTRICT None. ABSENT: None. ABSTAIN: None. NOES: President Finn. ; Aguera, Bender, Harris, Vice President Laliotis, and Directors AYES: by the
following roll call vote: ,2021 ,Februaryday of rd 3 PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the .Western Area Power
Administration, Sierra Nevada Regionent of Energy, 02339 for Electric Service Base Resource with the United States Departm-SNR-Contract 20to execute ,The President of the Board is
authorized, on behalf of Truckee Donner Public Utility District by the Board of Directors of the District as follows: RESOLVEDNOW THEREFORE BE IT conditions deteriorate.and generation
to seek alternative resources if costs increasethe District an option for provisions offerimportantly, termination the proposed contract provisions provide surety over the long term,
andREAS, WHE generating resources; andimprove the operating efficiency of these free resources increases and efforts continue to-carbon base loadlikely be realized as the demand for
regulatory requirements placed on generating facilities, additional value willr inflation and othe while it is anticipated the average annual cost will increase over time due toWHEREAS,
; andfree resource can help keep electric rates stable in the future-power portfolio cost of energy, this carbonBase Resource energy is anticipated to cost less, on avwhile