HomeMy WebLinkAbout2000-11-15 Agenda Packet - Board (9) DONNER
Public District II
Staff Report
To: Board of Directors
Fronx Stephen Hollabaugh—Assistant General Manager
pate: November 8, 2000
A RESOLUTION AUTHORIZING AN INCREASED ENTITLEMENT SHARE IN
THE RESOURCE 2000 PROJECT POWER SALES CONTRACT WITH UTAH
ASSOCIATED MUNICIPAL POWER SYSTEMS AND RELATED MATTERS.
Background
Truckee Donner Public Utility District(713PUV) has previously entered into the Resource 2000 Project
Power Sales Contract with Utah Associated Municipal Power Systems CUAMPS} in order to obtain a
long-term supply of electric power and energy and to enable UAMPS to proceed with the acquisition of
its Resource 2000 project.
Additional Entitlement shares have become available to UAMPS and TDPUD desires to increase its
Entitlement Share under the Power Sales Contract in order to obtain additional power and energy from
the Resource 2000 Project
District's Future Power Requirements
In prior workshops, I have discussed the power and energy requirements of the District along with the
volatile wholesale power market. I described how the District would utilize its Entitlement Share in the
electric energy generated by the Project, acquired by the District pursuant to the Power Sales Contract,
to meet the existing and reasonably anticipated requirements of the District for supplies of electric
energy. The District's load growth in the future enables the District to utilize an increased Entitlement
Share of the Resource 2000 Project.
Resolution
Attached is the resolution, N approved would, authorize an increased Entitlement Share to 25,000 kW
in the Resource 2000 Project Power Sales contract with UAMPS and other related matters.
Recommendation
I recommend that the Board authorize a Resolution approving the Increased Entitlement
Share in the Resource 2000 Power Project to 25,000 kW with UAMPS and related matters.
•Page t
FIII Public. ! i
District Utility .
Resolution No. 2000-
AUTHORIZING AN INCREASED ENTITLEMENT SHARE IN THE RESOURCE 2000 PROJECT POWER SALES
CONTRACT WITH UTAH ASSOCIATED MUNICIPAL POWER SYSTEMS AND RELATED MATTERS
WHEREAS, Truckee Donner Public Utility District, California (the "Participant) has previously entered into the
Resource 2000 Project Power Sales Contract, dated as of September 1, 2000 (the "Power Sales Contract)
with Utah Associated Municipal Power Systems ('UTAMPS7 in order to obtain a long-term supply of electric
power and energy and to enable UAMPS to proceed with the acquisition of its Resource 2000 Project; and
WHEREAS, additional Entitlement Shares have become available to UAMPS and the Participant desires to
increase the amount of its Entitlement Share under the Power Sales Contract in order to obtain additional
power and energy from the Resource 2000 Project;
Now, THEREFORE, BE IT RESOLVED by the Board of Directors of Truckee Donner Public Utility District, as
follows:
Section 1.Increased Entitlement Share. The Participant hereby authorizes and approves an increase
in its Entitlement Share under the Power Sales Contract so that Participant's total Entitlement Share
is equal to up to 7.04% (representing up to 25,000 kilowatts of capacity). The officers of the
Participant and the Participant's Representative to UAMPS are hereby authorized and directed to take
all actions necessary to implement this increase in the Participant's Entitlement Share.
Section 2.Miscellaneous, Effective Date. (a) This resolution shall be and shall remain irrepealable
until the expiration or termination of the Power Sales Contract in accordance with its terms.
(a) All previous acts and resolutions of the Participant with respect to the Power Sales
Contract are hereby ratified and confirmed.
(b) In case any provision in this resolution shall be invalid, illegal or unenforceable, the
validity, legality and enforceability of the remaining provisions shall not in any way be
affected or impaired thereby.
(c) This resolution shall take effect immediately upon its adoption and approval.
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the
District on the by the following roll call vote:
AYES:
NOES:
ABSENT:
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By
J. Ron Hemig, President, Board of Directors
ATTEST:
Peter L. Holzmeister, District Clerk
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