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HomeMy WebLinkAbout2009-08-03 City Council Agenda Packet Agenda posted according to PAMC Section 2.04.070. A binder containing supporting materials is available in the Council Chambers on the Friday preceding the meeting. Special Meeting Council Chambers August 3, 2009 6:00 PM ROLL CALL CLOSED SESSION This item may occur during the recess or after the Regular Meeting. Public Comments: Members of the public may speak to the Closed Session item(s); three minutes per speaker. 1. PUBLIC EMPLOYEE PERFORMANCE EVALUATION Title: City Clerk Donna Grider Authority: Government Code section 54957 2. CONFERENCE WITH LABOR NEGOTIATOR Agency Negotiator: City Manager and his designees pursuant to Merit Rules and Regulations (James Keene, Kelly Morariu, Russ Carlsen, Sandra Blanch, Darrell Murray, Marcie Scott, Joe Saccio) Employee Organization: Local 521 Service Employees International Union Authority: Government Code Section 54957.6(a) CONFERENCE WITH LABOR NEGOTIATOR Agency Negotiator: City Manager and his designees pursuant to the Merit System Rules and Regulations (James Keene, Kelly Morariu, Russ Carlsen, Sandra Blanch, Darrell Murray, Joe Saccio, Marcie Scott) Employee Organization: Unrepresented Employee Group Management and Professional Personnel and Council Appointees Authority: Government Code section 54957.6(a) CONFERENCE WITH LABOR NEGOTIATOR Agency Negotiator: City Manager and his designees pursuant to Merit Rules and Regulations (James Keene, Kelly Morariu, Russ Carlsen, Sandra Blanch, Darrell Murray, Marcie Scott, Joe Saccio) Employee Organization: Palo Alto Peace Officers’ Association Authority: Government Code Section 54957.6(a) CONFERENCE WITH LABOR NEGOTIATOR Agency Negotiator: City Manager and his designees pursuant to the Merit System Rules and Regulations (James Keene, Kelly Morariu, Russ Carlsen, Sandra Blanch, Darrell Murray, Joe Saccio, Marcie Scott) Employee Organization: Local 1319, International Association of Fire Fighters and Professional Personnel and Council Appointees Authority: Government Code section 54957.6(a) CONFERENCE WITH LABOR NEGOTIATOR Agency Negotiator: City Manager and his designees pursuant to Merit Rules and Regulations (James Keene, Kelly Morariu, Russ Carlsen, Lalo Perez, Sandra Blanch, Darrell Murray, Marcie Scott, Joe Saccio) Employee Organization: Palo Alto Fire Chiefs’ Association Authority: Government Code Section 54957.6(a) 1 08/03/09 MATERIALS RELATED TO AN ITEM ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL AFTER DISTRIBUTION OF THE AGENDA PACKET ARE AVAILABLE FOR PUBLIC INSPECTION IN THE CITY CLERK’S OFFICE AT PALO ALTO CITY HALL, 250 HAMILTON AVE. DURING NORMAL BUSINESS HOURS. 8:00 PM or as soon as possible thereafter SPECIAL ORDERS OF THE DAY 3. Proclamation for National Night Out 2009 ATTACHMENT 4. Presentation of the Circle of Excellence Award by the Association of Government Accountants (AGA) to the City of Palo Alto for the City Auditor’s 7th Annual Service Efforts and Accomplishments (SEA) Report. CITY MANAGER COMMENTS ORAL COMMUNICATIONS Members of the public may speak to any item not on the agenda; three minutes per speaker. Council reserves the right to limit the duration or Oral Communications period to 30 minutes. CONSENT CALENDAR Items will be voted on in one motion unless removed from the calendar by two Council Members. 5. Designation of Voting Delegate and Alternate for 2009 League Conference ATTACHMENT 6. Direction to City Clerk to Use the Secretary of States’ Randomized Alphabet Drawing for the Order of Candidates’ Names on the Ballot ATTACHMENT 7. Approval of a Utilities Electric Fund Contract with West Valley Construction in the Amount of $3,193,143 for Trenching and Installation of Utility Substructure for Underground Utility District No. 45, and for Rebuilding of Underground Districts 17, 19, & 24 (Capital Improvement Program Projects – EL-06002, EL-09003, EL-11008, and 2 08/03/09 MATERIALS RELATED TO AN ITEM ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL AFTER DISTRIBUTION OF THE AGENDA PACKET ARE AVAILABLE FOR PUBLIC INSPECTION IN THE CITY CLERK’S OFFICE AT PALO ALTO CITY HALL, 250 HAMILTON AVE. DURING NORMAL BUSINESS HOURS. EL-10006), and Approval of Addendum No. 1 to the Agreement for Joint Participation in the Installation of the Underground Facilities System Between the City of Palo Alto, AT&T and Comcast Corporation of California IX, Inc. CMR 346:09 and ATTACHMENTS 8. Approval of a Utilities Enterprise Fund Contract with Casey Construction, Inc. in the Total Amount of $652,066 for the 2009-2010 Utility Trench and Substructure Installation Throughout the City CMR 337:09 and ATTACHMENTS 9. Finance Committee Recommendation to Adopt a Resolution Approving the Ameresco Johnson Canyon Landfill Gas Renewable Energy Power Purchase Agreement for the Acquisition of Up to Two Average Megawatts of Energy Over Twenty Years at an Estimated Cost Not to Exceed $30 Million 343:09 and ATTACHMENTS 10. Appointment of Lalo Perez as City Manager Pro Tem for the September 14, 2009 City Council Meeting CMR 341:09 and ATTACHMENTS 11. Adoption of a Park Improvement Ordinance for the Renovation of Lytton Plaza – Capital Improvement Program Project PE-08004; Approve an Agreement with the Friends Of Lytton Plaza, L.L.C., for the Design, Construction and Installation of Park Facilities and Other Improvements at Lytton Plaza;and Adoption of an Ordinance Amending the Budget for Fiscal Year 2010 to Accept Donations and to Provide an Additional Appropriation in the Amount of $348,800 and Accept a Donation in the Same Amount From the Friends of Lytton Plaza, L.L.C., and to Allocate an 3 08/03/09 MATERIALS RELATED TO AN ITEM ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL AFTER DISTRIBUTION OF THE AGENDA PACKET ARE AVAILABLE FOR PUBLIC INSPECTION IN THE CITY CLERK’S OFFICE AT PALO ALTO CITY HALL, 250 HAMILTON AVE. DURING NORMAL BUSINESS HOURS. Additional $50,000 From the Infrastructure Reserve for the City’s Contribution (Not to Exceed $400,000) to Capital Improvement Program Project PE-08004 CMR 306:09 and ATTACHMENTS 12. Finance Committee Recommendation to Direct Staff to Re-examine the Electric Power Acquisition and Energy Efficiency Policies and Plans CMR 342:09 and ATTACHMENTS 13. Approval of transfer of $70,000 from Council Contingency to Fund High Speed Rail Informational Symposium, Design Workshop, and Technical Consulting Services related to City review of the San Francisco to San Jose High Speed Train (HST) Project EIR CMR 344:09 and ATTACHMENTS 14. Approval of Recommendation to Direct Staff to Design a Third-Party City of Palo Alto Utilities Department Zero-Interest Energy Efficiency Loan Program for Small Commercial Customers CMR 336:09 and ATTACHMENTS 15. Approval of a New Contract with the Independent Police Auditor, OIR (Office of Independent Review) for Up to Three Years in an Amount Not to Exceed $27,500 Per Year and Approval of $1,500 from the Council Contingency ATTACHMENTS 4 08/03/09 MATERIALS RELATED TO AN ITEM ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL AFTER DISTRIBUTION OF THE AGENDA PACKET ARE AVAILABLE FOR PUBLIC INSPECTION IN THE CITY CLERK’S OFFICE AT PALO ALTO CITY HALL, 250 HAMILTON AVE. DURING NORMAL BUSINESS HOURS. 16. Adoption of a Resolution Amending Resolution No. 8904 to Change the City Council Vacation Schedule for Calendar Year 2009 to End on September 7, 2009 CMR 348:09 and ATTACHMENTS AGENDA CHANGES, ADDITIONS, AND DELETIONS HEARINGS REQUIRED BY LAW: Applications and/or appellants may have up to ten minutes at the outset of the public discussion to make their remarks and put up to three minutes for concluding remarks after other members of the public have spoken. OTHER AGENDA ITEMS: Public comments or testimony on agenda items other than Oral Communications shall be limited to a maximum of three minutes per speaker. PUBLIC HEARINGS 17. Public Hearing to Confirm Weed Abatement Report and Adoption of a Resolution Confirming Weed Abatement Report and Ordering Cost of Abatement to be a Special Assessment on the Respective Properties Described Therein CMR 310:09 and ATTACHMENTS REPORTS OF OFFICIALS 18. Adoption of a Budget Amendment Amending the Budget for Fiscal Year 2010 to Provide Additional Appropriations of $688,038 for Retiree Medical Expenditures as Updated with the Retiree Medical Actuarial Study Completed 2009 CMR 331:09 and ATTACHMENTS 19. Adoption of a Resolution Amending Green Building Standards for Compliance, Tables A & B for Non-Residential and Residential Projects, and Review of Report on Implementation of the City’s Green Building Ordinance 5 08/03/09 MATERIALS RELATED TO AN ITEM ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL AFTER DISTRIBUTION OF THE AGENDA PACKET ARE AVAILABLE FOR PUBLIC INSPECTION IN THE CITY CLERK’S OFFICE AT PALO ALTO CITY HALL, 250 HAMILTON AVE. DURING NORMAL BUSINESS HOURS. CMR 332:09 and ATTACHMENTS 20. Adoption of a Resolution Amending the Structure of the Palo Alto/Stanford Citizen Corps Council and Establishing the Citizen Corps Council as a Member of the Palo Alto Emergency Services Council CMR 327:09 and ATTACHMENTS 21. Acceptance of City Manager’s Responses to Independent Police Auditor’s Systemic Recommendations Regarding the Children’s Theatre Criminal Investigation CMR 349:09 and ATTACHMENTS 22. Adoption of a Resolution Approving Amendment One to the Northern California Power Agency Third Phase Agreement for Western GeoPower Incorporated Renewable Energy Power Purchase Agreement for the Acquisition of up to Seven Average Megawatts of Energy over Twenty Years at an Estimated Cost Not to Exceed $128 Million CMR 347:09 and ATTACHMENTS 23. Approval of Changes to the Compliance Procedures for Private Intrusion Alarms CMR 340:09 and ATTACHMENTS COUNCIL MATTERS 24. Approval of City Manager Performance Evaluation Criteria ATTACHMENTS 6 08/03/09 MATERIALS RELATED TO AN ITEM ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL AFTER DISTRIBUTION OF THE AGENDA PACKET ARE AVAILABLE FOR PUBLIC INSPECTION IN THE CITY CLERK’S OFFICE AT PALO ALTO CITY HALL, 250 HAMILTON AVE. DURING NORMAL BUSINESS HOURS. COUNCIL COMMENTS, ANNOUNCEMENTS, AND REPORTS FROM CONFERENCES Members of the public may not speak to the item(s). ADJOURNMENT Persons with disabilities who require auxiliary aids or services in using City facilities, services, or programs or who would like information on the City’s compliance with the Americans with Disabilities Act (ADA) of 1990, may contact 650-329-2550 (Voice) 24 hours in advance. CITY OF PALO ALTO PROCLAMATION National Night Out 2009 WHEREAS, the National Association of Town Watch (NATW) is sponsoring a unique, nationwide crime, drug and violence prevention program on August 4th, 2009 entitled “National Night Out”; and WHEREAS, the “26th Annual National Night Out” provides a unique opportunity for Palo Alto to join forces with thousands of other communities across the country in promoting cooperative, police-community crime prevention efforts; and WHEREAS, the City of Palo Alto plays a vital role in assisting the Police Department through joint crime prevention efforts in Palo Alto and is supporting “National Night Out” locally; and WHEREAS, it is essential that all citizens of Palo Alto be aware of the importance of crime prevention programs and the impact that their participation can have on reducing crime, drugs and violence in Palo Alto; and WHEREAS, police-community partnerships, neighborhood safety awareness and cooperation are important themes of the “National Night Out” program. NOW, THEREFORE, I, Peter Drekmeier, Mayor of the City of Palo Alto, on behalf of the City Council do hereby call upon all citizens of the Palo Alto community to join the City of Palo Alto and The National Association of Town Watch in supporting the “26th Annual National Night Out” on August 4, 2009, and hereby proclaim Tuesday, August 4, 2009, as “National Night Out” in the City of Palo Alto. Presented August 3, 2009 ______________________________ Peter Drekmeier Mayor REPORT FROM CllY CLERK TO: HONORABLE CITY COUNCIL DATE: August 3, 2009 SUBJECT: Designation of Voting Delegate and Alternate for 2009 League Conference RECOMMENDATIONS The City Council, by unanimous consent should designate a voting delegate and up to two alternates for the 2009 League Conference. BACKGROUND The League's 2009 Annual Conference is scheduled for September 16-18 in San Jose. The Annual Business Meeting is scheduled for 3: 15 p.m., Friday, September 18, at the San Jose Convention Center. At this meeting, the League membership considers and takes action on resolutions that establish League policy. In order to vote at the Annual Business Meeting, the City Council must designate a voting delegate and could appoint up to two alternate voting delegates. Council Member Espinosa has registered to attend the conference. Attached please find correspondence received :from the League of California Cities. CITY CLERK APPROVAL: r Attachment DONNA J. GRIDE ....... , ............ ... City Clerk LEAG"UE OF CAll FORNIA CITIES 1400 K Street, Suite 400. Sacramento, California 95814 Phone: 916.658.8200 Fax: 916.658.8240 www.cacities.org Council Action Required by August 21, 2009 June 5,2009 TO: Mayors, City Managers and City Clerks RE: DESIGNATION OF VOTING DELEGATES AND ALTERNATES League of California Cities Annual Conference -September 16-18, San Jose The League's 2009 Annual Conference is scheduled for September 16-18 in San Jose. An important part of the Annual Conference is the Annual Business Meeting, scheduled for 3: 15 p.m., Friday, September 18, at the San Jose Convention Center. At this meeting, the League membership considers and takes action on cresolutions that establish League policy. In order to vote at the Annual Business Meeting, your city council must designate a voting delegate. Your city may also appoint up to two alternate voting delegates, one of whom may vote in the event that the designated voting delegate is unable to serve in that capacity. In order to establish voting delegate/alternates' records prior to the conference, please complete the attached Voting Delegate form and return it to the League's office no later than Friday, August 21,2009. Please note the following procedures that are intended to ensure the integrity of the voting process at the Annual Business Meeting. • Action by Council Required. Consistent with League bylaws, a city's voting delegate and up to two alternates must be designated by the city council. When completing the attached Voting Delegate form, please attach either a copy of the council resolution that reflects the council action taken. or have your city clerk or mayor sign the form affirming that the names provided are those selected by the city council. Please note that designating the voting delegate and alternates must be done by city council action and cannot be accomplished by individual action of the mayor or city manager alone. • Conference Registration Required. The voting delegate and alternates must be registered to attend the conference. They need not register for the entire conference; they may register for Friday only. In order to cast a vote, at least one person must be present at t}le Business Meeting and in possession of the voting delegate card. Voting delegates and alternates need to pick up their conference badges before signing in and picking up the voting delegate card at the Voting Delegate Desk. This will enable them to receive the special sticker on their name badges that will admit them into the voting area during the Business Meeting. -more- • Transferring Voting Card to Non-Designated Individuals Not Allowed. The voting delegate card may be transferred freely between the voting delegate and alternates, but only between the voting delegate and alternates. If the voting delegate and alternates find themselves unable to attend the Business Meeting, they may not transfer the voting card to another city official. • Seating Protocol during General Assembly. At the Business Meeting, individuals with the voting card will sit in a separate area. Admission to this area will be limited to those individuals with a special sticker on their name badge identifying them as a voting delegate or alternate. If the voting delegate and alternates wish to sit together, they must sign in at the Voting Delegate Desk and obtain the special sticker on their badges. The Voting Delegate Desk, located in the conference registration area of the San Jose Convention Center, will be open at the following times: Wednesday, September 16, 10:00 a.m.; Thursday, September 17, 7:30 a.m.; and September 18, 7:30 a.m. The Voting Delegate Desk will also be open at the Business Meeting, but not during a roll call vote, should one be undertaken. The voting procedures that will be used at the conference are attached to this memo. Please share these procedures and this memo with your council and especially with the individuals that your council designates as your city's voting delegate and alternates. Once again, thank you for completing the voting delegate and alternate form and returning it to the League office by Friday, August 21st. If you have questions, please call Mary McCullough at (916) 658-8247. Attachments: • 2009 Annual Conference Voting Procedures • Voting Delegatel Alternate Form r i LEAGUE OF CAU FORN 1A CITIES IICITY:-- 2009 ANNUAL CONFERENCE VOTING DELEGATE/ALTERNATE FORM Please complete this form and return it to the League office by Friday, August 21.2009. Forms not sent by this deadline may be submitted to the Voting Delegate Desk located in the Annual Conference Registration Area. Your city council may designate one voting delegate and up to two alternates. In order to vote at the Annual Business Meeting, voting delegates and alternates must be designated by your city council. Please attach the council resolution as proof of designation. As an alternative, the Mayor or City Clerk may sign this form, afftrming that the designation reflects the action taken by the council. Please note: Voting delegates and alternates will be seated in a separate area at the Annual Business Meeting. Admission to this special area will be limited to individuals (voting delegates and alternates) who are identifted with a special sticker on their conference badge. This sticker can be obtained only at the Voting Delegate Desk. 1. VOTING DELEGATE Name: ------------------------Title: ________________________ __ 2. VOTING DELEGATE -ALTERNATE 3. VOTING DELEGATE -ALTERNATE Name: -----------------------Name: ----------------------- Title: ________________ _ Title: ___________________ ___ PLEASE ATTACH COUNCIL RESOLUTION DESIGNATING VOTING DELEGATE AND ALTERNATES. OR ATTEST: I affirm that the information provided reflects action by the city council to designate the voting delegate and alternate(s). Name: _________________ E-mail ________________________ _ Title: __________________ Phone: __________________ _ Date: __ -'-__________ _ r Please com'plete and return by Friday, August 21 to: . League of California Cities ATTN: Mary McCullough 1400 K Street Sacramento, CA 95814 FAX: (916) 658-8240 E-mail: mccullom@cacities.org (916) 658-8247 VolingDelegateLetter09.doc LEAGUE OF CALIFORNIA CITIES 1400 K Street, Suite 400. Sacramento, California 95814 Phone: 916.658.8200 Fax: 916.658.8240 WINW. cacities. org Annual Conference Voting Procedures 2009 Annual Conference 1. One City One Vote. Each member city has a right to cast one vote on matters pertaining to League policy. 2. Designating a City Voting Representative. Prior to the Annual Conference, each city council may designate a voting delegate and up to two alternates; these individuals are identified on the Voting Delegate FOl1ll provided to the League Credentials Committee. 3. Registering with the Credentials Committee. The voting delegate, or alternates, may pick up the city's voting card at the Voting Delegate Desk in the conference registration area. Voting delegates and alternates must sign in at the Voting Delegate Desk. Here they will receive a special sticker on their name badge and thus be admitted to the voting area at the Business Meeting. 4. Signing Initiated Resolution Petitions. Only those individuals who are voting delegates (or alternates) and who have picked up their city's voting card by providing a signature to the Credentials Committee at the Voting Delegate Desk may sign petitions to initiate a resolution. 5. Voting. To cast the city's vote, a city official must have in his or her possession the city's voting card and be registered with the Credentials Committee. The voting card may be transferred freely between the voting delegate and alternates, but may not be transferred to another city official who is neither a voting delegate or alternate. 6. Voting Area at Business Meeting. At the Business Meeting, individuals with a voting card will sit in a separate area. Admission will be limited to those individuals with a special sticker on their name badge identifying them as a voting delegate or alternate. 7. Resolving Disputes. In case of dispute, the Credentials Committee will determine the validity of signatures on petitioned resolutions and the right of a city official to vote at the Business Meeting. (' f 1400 K STREET SACRAMENTO, CA 95814 PH: (916) 658-8200 FX: (916) 658-8240 July 24, 2009 TO: Mayors, City Managers and City Clerks League Board of Directors General Resolutions Committee Members 09 Members, League Policy Committees to Which Resolutions Are Referred RE: Annual Conference Resolutions Packet Notice of League Annual Meeting Enclosed please find the 2009 Annual Conference Resolutions Packet. WW\'(/.CACITIES.ORG Annual Conference in San Jose. This year's League Annual Conference will be held September 16-18 at the San Jose Convention Center. The conference announcement has previously been sent to all cities and we hope that you and your colleagues will be able to join us. More information about the conference is available on the League's Web site at wvvw.cacities.org/ac. We look forward to welcoming city officials to the conference. Annual Business Meeting -Friday, September 18,3:15 p.m. The League's Annual Business Meeting will be held at the San Jose Convention Center, Exhibit Hall 1 Resolutions Packet. At the Annual Conference, the League will consider the two resolutions introduced by the deadline Friday, July 17,2009,5 p.m., for submittals by regular mail, or Saturday, July 18, midnight, for submittals bye-mail or fax. These resolutions are included in this packet. We request that you distribute this packet to your city counciL We encourage each city council to consider the resolutions and to determine a city position so that your voting delegate can represent your city's position on each resolution. A copy of the resolutions packet is posted on the League's Web site for your convenience: wv.'W.cacities.org/resolutions. This resolutions packet contains additional information related to consideration of the resolutions at the Annual Conference. This includes the date, time and location of the meetings at which resolutions will be considered. Voting Delegates. Each city council is encouraged to designate a voting delegate and two alternates to represent.their city at the Annual Business Meeting. A letter asking city councils to designate their voting delegate and two alternates has already been sent to each city. Copies of the letter, voting delegate form, and additional information are also available at: ..:..:...:..:...:..:..====~====. I I Please Bring This Packet to the Annual Conference : September 16-18 -San Jose I 1 _________________________________________________________ I I. INFORMATION AND PROCEDURES , RESOLUTIONS CONTAINED IN THIS PACKET: This year,two resolutions have been introduced for consideration by the Annual Conference and referred to the League policy committees. The League bylaws provide that resolutions shall be referred ,by the president to an appropriate policy committee for review and recommendation. Resolutions with committee recommendations shall then be considered by the General Resolutions Committee at the Annual Conference. POLICY COMIVIITTEES: Two policy committees will meet at the Annual Conference to consider and take action on resolutions referred to them. They are: Public Safety and Revenue and Taxation. Both committees will meet at 11 a.m. on Wednesday, September 16,2009 at the Marriott San Jose, located next to the San Jose Convention Center. Please see page iii for the policy committee meeting schedule. The sponsors of the resolutions have been notified of the time and location of the meetings. In addition, one policy committee, Employee Relations, will meet at the Annual Conference even though a resolution was not referred to them. GENERAL RESOLUTIONS COMMITTEE: This committee will meet at 4:00 p.m. on Thursday, September 17, at the Marriott San Jose, Salon IV -VI, to consider the reports of the two policy committees regarding the two resolutions. This committee includes one representative from each of the League's regional divisions, functional departments, standing policy committees, as well as other individuals. ANNUAL BUSINESS MEETING/GENERAL ASSEMBLY: This meeting will be held at 3:15 p.m~ on Friday, September 18, at the San Jose Convention Center, Exhibit Hall I. PETITIONED RESOLUTIONS: For those issues that develop after the normal 60-day deadline, a resolution may be introduced at the Annual Conference with a petition signed by designated voting delegates of 10 percent of all member cities (48 valid signatures required) and presented to the Voting Delegates Desk at least 24 hours prior to the time set for convening the Annual Business Session of the General Assembly. This year, that deadline is 3:15 p.m., Thursday, September 17. If the petitioned resolution is substantially similar in substance to a resolution already under consideration, the petitioned resolution may be disqualified by the General Resolutions Committee. Resolutions can be viewed on the League's Web site: www.cacities.org/resolutions. Any questions concerning the resolutions procedure may be directed to Linda Welch Hicks at the League of;fice: lhicks(a),cacities.org or (916) 658-8224. II. GUIDELINES FOR ANNUAL CONFERENCE RESOLUTIONS , Policy development is a vital and ongoing process within the League. The principal means for deciding policy on the important issues facing cities and the League is through the League's eight standing policy committees and the board of directors. The process allows for timely consideration of . issues in a changing environment and assures city officials the opportunity to both initiate and influence policy decisions. Annual conference resolutions constitute an additional way to develop League policy. Resolutions should adhere to the following criteria. Guidelines for Annual Conference Resolutions 1. Only issues that have a direct bearing on municipal affairs should be considered or adopted at the Annual Conference. 2. The issue is not of a purely local or regional concern. 3. The recommended policy should not simply restate existing League policy. 4. The resolution should be directed at achieving one ofthe following objectives: (a) Focus public or media attention on an issue ofmajor importance to cities. (b) Establish a new direction for League policy by establishing general principals around which more detailed policies may be developed by policy committees and the Board of Directors. (c) Consider important issues not adequately addressed by the policy committees and Board of Directors. (d) Amend the League bylaws (requires 2/3 vote at General Assembly). (' ; 11 III. LOCATION OF MEETINGS Policy Committee Meetings Wednesday, September 16, 2009 Marriott San Jose 301 South Market Street, San Jose, CA 95113 -(408) 280-1300 (Located next to the San Jose Convention Center) POLICY COMMITTEES MEETING AT ANNUAL CONFERENCE TO DISCUSS AN ANNUAL CONFERENCE RESOLUTION * 11 a.m. -12:30 p.m. * Public Safety -Salon IV * Revenue and Taxation -Salon III Note: Employee Relations will also meet, but they have no resolution to consider -Salon I Note: These committees will NOT meet at the Annual Conference: Administrative Services; Community Services; Environmental Quality; Housing, Community & Economic Development; and Transportation, Communication & Public Works Gel)eral Resolutions Committee Thursday, September 17, 2009, 4:00 p.m. Marriott San Jose, Salon IV-VI 301 South Market Street, San Jose, CA 95113 -(408) 280-1300 (Located next to the San Jose Convention Center) Annual Business Meeting and General Assembly Friday, September 18, 2009, 3:15 p.m. San Jose McEnery Convention Center, Exhibit Hall 1 150 West San Carlos Street, San Jose, CA 95113 -(408) 295-9600 III IV. KEY TO ACTIONS TAKEN ON RESOLUTIONS Resolutions have been grouped by policy committees to which they have been assigned. Number I I Key Word Index I 1 2 I 3 1 -Policy Committee Recommendation to General Resolutions Committee 2 -General Resolutions Committee 3 -General Assembly PUBLIC SAFETY POLICY COMMITTEE 1 2 3 I 1 Social Host Liability REVENUE AND TAXATION POLICY COMMITTEE 2 Divesting From Banks/Financial Institutions That Fail To Cooperate With Foreclosure Prevention Efforts 1 2 3 Please note: One policy committee, Employee Relations, without a resolution will still meet. Notification will be mailed to all committee members. Information will also be posted on each committee's page on the League Web site: www.cacities.org. RESOLUTIONS INITIATED BY PETITION AT THE ANNUAL CONFERENCE iv General Resolutions Committee Recommendation General Assembly Action KEY TO ACTIONS TAKEN ON RESOLUTIONS (Continued) KEY TO REVIEWING BODIES 1. PolicyCommittee 2. General Resolutions Committee 3. General Assembly Action Footnotes * Subject matter covered in another resolution ** Existing League policy KEY TO ACTIONS TAKEN A-Approve D-Disapprove N-No Action R -Refer to appropriate policy committee for study a-Amend Aa -Approve as amended Aaa -. Approve with additional amendment(s) Ra -Amend and refer as amended to *** Local authority presently exists appropriate policy committee for study Raa -Additional amendments and refer Da -Amend (for clarity or brevity) and Disapprove Na -Amend (for clarity or brevity) and take No Action W -Withdrawn by Sponsor Procedural Note: Resolutions that are approved by the General Resolutions Committee, as well as all qualified petitioned resolutions, are reported to the floor of the General Assembly. In addition, League policy provides the following procedure for resolutions approved by League policy committees but not approved by the General Resolutions Committee: Resolutions initially recommended for approval and adoption by all the League policy committees to which the resolution is assigned, but subsequently recommended for disapproval, referral or no action by the General Resolutions Committee, shall then be placed on a consent agenda for consideration by the General Assembly. The consent agenda shall include a brief description of the basis for the recommendations by both the policy committee(s) and General Resolutions Committee, as well as the recommended action by each. Any voting delegate may make a motion to pull a resolution from the consent agenda in order to request the oPP9rtunity to fully debate the resolution. If, upon a majority vote ofthe General Assembly, the request for deJ;Jate is approved, the General Assembly shall have the opportunity to debate and subsequently vote on the re~olution. . v v. 2009 ANNUAL CONFERENCE RESOLUTIONS RESOLUTION REFERRED TO PUBLIC SAFETY POLICY COMMITTEE 1. RESOLUTION RELATING TO SOCIAL HOST LIABILITY Source: City of Elk Grove Referred to: Public Safety Policy Committee Recommendation to General Resolutions Committee: WHEREAS, underage persons often obtain alcoholic beverages at gatherings held at private residences or at rented residential and commercial premises that are under the control of a person who knows or should know of the underage service and/or consumption of alcohol; and WHEREAS, loud or unruly parties on private property where alcoholic beverages are served to, or consumed by an underage person, are harmful to the underage person themselves and are a threat to public health, safety, quiet enjoyment of residential property and general welfare, and constitute a public nuisance; and WHEREAS, persons responsible for the occurrence of loud or unruly parties on private property over which they have possession or control have a duty to ensure that alcoholic beverages are not served to, or consumed by underage persons; and WHEREAS, adults who provide alcohol to adolescents explicitly indicate an approval of underage alcohol use; and WHEREAS, law enforcement, fire, or other emergency responders repeatedly respond to underage drinking parties, resulting in a disproportionate expenditure of public safety resources on these parties, delaying police responses to other emergency calls throughout the community; and WHEREAS, law enforcement has inadequate enforcement authority and resources to respond to underage drinking on private property; and WHEREAS, cities and counties require a variety of enforcement strategies to abate underage drinking parties; now, therefore, be it RESOLVED, by the General Assembly of the League of California Cities, assembled in Annual Conference in San Jose, September 18,2009, that the League support policies that hold social hosts responsible for underage drinking that occurs on property under their possession, control, or authority; and, be it further RESOLVED, that the League also oppose policies that make it easy for those who are underage to access alcohol through adults, and on private property. 1/1/11/111 1 Background Information on Resolution No.1 Source: City of Elk Grove Title: Resolution ~elating to Social Host Liability Background: The City of Elk Grove is located just south of the state capital of Sacramento. According to the 2007 U.S. Census, the City's population was estimated at 140,000. After incorporating in July of 2000, for six years the City contracted with the Sacramento County Sheriff's Department for police services; however in 2006, the City formed its own police department and began serving this rapidly growing community. Since the Deprutment's inception, the city has continued to grow in size, leading to an increasing need for additional officers to patrol the streets, investigate crimes, and respond to calls for service. Between January 1,2007 and December 31,2008, the Elk Grove Police Department (EGPD) responded to more than 2,000 reports of loud and unruly parties, noise and/or music at private residences. The majority of these calls involved persons under the age of 21 who were consuming alcohoL This is a dangerous combination not only for those participating and in attendance, but also for surrounding neighbors, the community, and law enforcement personnel. Underage drinking and unruly parties lead to,an array of problems such as; alcohol related traffic accidents, gang activity, fights, noise disturbances, sexual assault, property damage, and other forms of crime. When law enforcement personnel responds to gatherings involving the consumption of alcohol by minors, it takes away valuable resources from other service calls in the community, thereby placing the community at an increased risk. Additionally, adults who give alcohol to minors are explicitly approving underage drinking while showing a complete disregard for the law, the well-being of minors, and the community as a whole. Currently, law enforcement is somewhat limited in its authority to control what occurs on private propelty. California state law prohibits furnishing alcoholic beverages to underage persons; however, the law does not address the consequences when a minor possesses or consumes alcohol while on private propelty, or when such alcohol consumption is done with the consent of an adult, parent, relative, or legal guardian. When law enforcement officers receive a complaint regarding an unruly party or event on private propelty where underage drinking is occurring; it is extremely difficult to take any action that results in the responsible individual or host being held accountable. FurthemlOre, law enforcement, fire and emergency response services are not currently reimbursed for the costs associated with responding to a location where minors obtain, possess, and consume alcoholic beverages. The goal of Social Host Liability is: 1) to protect public health, safety and general welfare; 2) provide a legal means of prohibiting the service to and consumption of alcoholic beverages by minors on private property; and 3 ) to reduce the costs of providing law enforcement, fire, and other emergency response services to premises where alcoholic beverages are being served to or consumed by minors. (' i »»»»» 2 , . RESo.LUTION REFERRED TO. REVENUE AND TAXATIo.N Po.LICY COMMITTEE 2. RESo.LUTIo.N URGING CITY GOVERNMENTS AND o.THERS TO. DIVEST FROM BANKS THAT FAIL TO. COOPERATE WITH Fo.RECLo.SURE PREVENTIo.N EFFORTS Richard Alarcon, Council Member, Los Angeles Revenue and Taxation Policy Committee Recommendation to General Resolutions Committee: WHEREAS, there is currently a financial crisis in oUf nation, where people are losing their jobs and homes and no longer have the financial security that was once possible and which contributed to the growing prosperity of our economy; and WHEREAS, this crisis is affecting communities at all levels, with working class communities the most severely affected, as they were often explicitly targeted and preyed upon by lenders and brokers offering unconventional loans and financing options; and WHEREAS, as the local, state, and federal governments work on resolving the current foreclosure crisis, one of the key factors that must be addressed is the modification ofloans that are "upside-down," and which need to be modified to the current market value of the home, not the original loan amount, so that homeowners facing foreclosure receive true relief from the burden of the loans they were unjustly pushed into by aggressive lenders and brokers; and WHEREAS, currently, there is active pressure on financial institutions to modifY loans for homeowners susceptible to foreclosure by reducing the principal to the current market value and many financial institutions are not inclined to do this, particularly with no financial incentive; and . WHEREAS, as with local government, financial institutions have an obligation in assisting their customers to preserve the American Dream; now, therefore, be it RESOLVED, by the General Assembly of the League of California Cities, assembled in the Annual Conference in San Jose, September 18,2009, that the League support the City of Los Angeles, and other member cities, to explore the potential divestiture of all deposits in banking and other financial ' institutions that faj) to cooperate with foreclosure prevention efforts that include temporary moratoriums on foreclosures, renegotiation of mortgage principles to reflect CWTent values, and good faith negotiations with mortgagees; and, be it further RESOLVED, that the League of California Cities also support City retirement programs and other similar organizations which adopt a similar divestiture policy; and, be it fmiher RESOLVED, that the League of California Cities request the National League of Cities to consider adoption of a similar resolution. r I 1///////// 3 Source: Title: Background: Background Information on Resolution No.2 Richard Alarcon, Council Member, Los Angeles Resolution Relating to City Governments And Others To Divest From Banks That Fail To Cooperate With Foreclosure Prevention Efforts The foreclosure crisis in America today is profound. In 2008, about 1 million homes were foreclosed. With rising unemployment, this trend is only projected to continue. While foreclosure is devastating to homeowners, it also harms property values, neighborhood safety and govel11ment revenue. Local govel1unents are hit especially hard by the foreclosure crisis due to the decrease in property taxes collected, as well as costs related to foreclosures -particularly for safety. A single foreclosure costs up to $34;000 for local government agencies, through inspections, court actions, police and fire department effOlis, potential demolition, unpaid water and sewage, and trash removal. Foreclosures eat up money that could have been available for housing, transportation, parks and recreation, public safety, etc. It is therefore incumbent on cities to take action to protect their communities and their finances. Cities must step in to force financial institutions to be responsible neighbors and protect the property from vandalism, return it to the market quickly, and find a buyer. Doing this remediation work is difficult but many cities have already been at work on solutions for the last two years. Unfortunately, the key "patiner" in this work -the financial institutions holding the property title -have in many cases not upheld their side of the bargain. So what can cities do when the title holding bank will not cooperate? Cities can and should use their financial clout and divest their funds from financial institutions which do not cooperate with foreclosure prevention and remediation efforts, thus providing pressure for these groups to change their policies. Earlier this year Councilmember Alarcon introduced a motion in the City of Los Angeles to do just that. The idea came from his effort in 1998 to assist Holocaust victims and their heirs in seeking restitution from the Swiss government and banks for money and assets confiscated during WWII. After the Councilmember introduced a motion to have the City of Los Angeles divest all funds from Swiss banks, negotiations involving the banks and the World Jewish Congress began and ultimately resulted in a settlement of $1.25 billion later that year. If it worked then, it can work now. It is Councilmember Alarcon's belief that if cities all around California were to take action and begin the process towards divestment, it would result in banks and other financial institutions, which do not currently work with foreclosure prevention efforts, to reverse their policies. This could help thousands of families throughout California and put us back on track to a prosperous economy. »»»»» [NOTE: No resolutions were assigned to the following policy committees: Administrative Services; Community Services; Employee Relations; Environmental Quality; Housing; Community & Economic Development; and Transportation, Communication & Public Works.] r , ########## 4 REPORT mOM CITY CLERK TO: DATE: SUBJECT: RECOMMENDATION HONORABLE CITY COUNCIL August 3, 2009 I .I Direction to City Clerk to use the Secretary of States' Randomized Alphabet Drawing for the Order of Candidates' Names on the Ballot Direct the City Clerk to notify the Registrar of Voters that the City of Palo Alto will be utilizing the Secretary of States' randomized alphabet drawing for the purposes of the order of the candidates' names on the ballot. BACKGROUND The City Council has passed Resolution No. 8930 calling a General Municipal Election for five Council seats on November 3, 2009. The City Charter, Section' 3, requires that the order of listing of the candidates' names on the ballot shall be determined by lot. The Nomination Period:-for candidacy does not end until August 7,2009, which is when the City Council is on their summer break. Past practice is for the City Clerk to hold a Special Council meeting in order to satisfy the Charter requirement. In August of 2007 due to a lack of quorum for the Special Council meeting, the City Clerk was left with no choice but to use the randomized alphabet drawing of the Secretary of State. This year there has been difficulty getting a solid quorum for a Special Council meeting during the summer break; because of this difficulty. I am asking that the City Council defer the ballot order to the drawing of the Secretary of State. CITY CLERK APPROVAL: __ ~~-:--::'--:::-:~~~~_-I--___ _ TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: UTILITIES DATE: AUGUST 3, 2009 CMR: 346:09 REPORT TYPE: CONSENT SUBJECT: Approval of a Utilities Electric Fund Contract with West Valley Construction in the Amount of $3,193,143 for Trenching and Installation of Utility Substructure for Underground Utility District No. 45, and for Rebuilding of Underground Districts 17, 19, & 24 (Capital Improvement Program Projects -EL-06002, EL-09003, EL- B008, and EL-I0006), and Approval of Addendum No.1 to the Agreement for .Joint Participation in the Installation of the Underground Facilities System Between the City of Palo Alto, AT&T and Comcast Corporation of California IX, Inc. RECOMMENDATION Staff recommends that Council: I. Approve and authorize the City Manager or his designee to execute the attached contract with West Valley Construction in the amount of$3,193,143 for trenching and installation of the utility substructure system for the Underground Utility District No. 45 (UUD 45), 17(UUD 17), 19 (UUD 19), &24 (UUD 24) Projects. Districts 17, 19, and 24 are electric district system rebuild projects. 2. Authorize the City Manager or his designee to negotiate and execute one or more change orders to the contract with West Valley Construction for related, additional but unforeseen work which may develop during the project, the total value of which shall not exceed $319,314 or approximately 10% of the contract value. 3. Approve and authorize the City Manager or designee to execute the attached Specific Supplementary Agreement for Joint Participation Installation of Underground Facilities System between the City of Palo Alto, AT&T California and Comcast Corporation of California IX, Inc. CMR: 346:09 Page 1 of 4 BACKGROUND At its meeting on May 5, 2008, the City Council adopted Ordinance No. 5003 creating Underground Utility District No. 45 (CMR 220:08, Attachment F). This project involves constructing an underground electric distribution system in an area that meets both City and AT&T guidelines for undergrounding. The new underground system (reference Attachment E, Project Boundary Maps) is to be installed in the public right-of-way and constructed in four phases: Phase I Substructure installation by the contractor, consisting of trenching and placement of conduits, vaults, boxes and pads in the public right-of-way and in public utility easements. Phase II Installation, testing and energizing of new underground distribution cables, switches and transformers. Phase III Customer service conversions -all affected property owners will be required to connect to the new underground system. Phase IV Removal of all overhead lines and poles. In addition, in order to maximize economies of scale and minimize disruption downtown, the rebuilds of UUD 17, 19, and 24 require separate Phase I substructure modifications and installations, which have been coordinated to occur at the same time as UUD 45. The existing UUDs were built in the 70s and early 80s and are near the end of their design lives and are approved for rebuild as part of the 2009/2010 Capital Improvement Program. The attached contract is for Phase I of the projects for all four UUDs. This work needs to be performed by a contractor because the City does not have the staff and the equipment to install the substructure required for this project. DISCUSSION Summary of Bid Process sed Length of Project Number of Bids Mailed Contractors Under round District No.45, 17, 19, & 24 3 months -Phase I to 26 Number of Bids Mailed to Builder's 5 Exchanges ~------------------~------------------------------------------~ Total Days to R~spond to Bid 23 e-Bid Meeting Yes umber of Company Attendees at 17 Pre-Bid Meeting Number of Bids Received: 6* Bid Price From a low of$3,193,143 to a hi h of $4,430,610 *Bid summary provided in Attachment B. CMR: 346:09 Page 2 of4 Staff has reviewed all bids submitted and recommends that the bid of $3,193,143 submitted by West Valley be accepted and that West Valley be declared the lowest responsible bidder. The bid is eight percent below the engineer's estimate of $3,500,000, which was based on construction costs for similar work in previous projects. The change order amount of$319,143, which equals 10% percent of the total contract, is requested for related unforeseen work, which may develop during the project. Staff confirmed with the Contractor's State License Board that the selected contractor has an active license on file. Staff checked references supplied by the contractor for previous work performed and found no significant complaints. Joint Agreement To take advantage of the economics of joint use of trenches, the City, AT&T California and Comcast Corporation executed a Master Agreement in 2008 (originally a master agreement between City and Pacific Bell executed in 1975, amended in 1986 and again in 1990) for participation in joint underground construction projects. This agreement is primarily a cost sharing agreement for undergrounding overhead lines, which is applicable to the UUD 45 portion of this contract. The Master Agreement limits the undergrounding expenditures to $85,000 per project. Whenever the amount involved in a project exceeds the $85,000 limit, as this one does, an Addenda to this Master Agreement is required. The Addenda, which is a Specific Agreement, references the Master Agreement for general terms and conditions and requires, when the work is contracted, the use of the exact unit prices quoted by the contractor to determine the costs shared between the utilities. Accordingly, the City, who will administer the contract for this project, will invoice AT&T California and Comcast Corporation on the basis of prices quoted and the terms agreed upon in Exhibit "A" of the Specific Agreement. Staff recommends approval of the Specific Agreement for the Underground Utility District # 45. Project Coordination The undergrounding work was coordinated with the Public Works Department street paving program. Since the start of this project staff has been in frequent communication with the property owners directly affected by this project via letters and neighborhood meetings. Additional details of Phase I construction performed under this contract will be communicated to the neighborhoods and other affected project stakeholders in advance of the construction, and every effort will be made to minimize inconvenience to customers. RESOURCE IMPACT Funds for this project are included in the FY 2009-2010 Electric Capital Improvement Program Budgets EL-06002, EL-09003, 11008, and EL-10006. Based on the low bid, the estimated costs for the City, AT&T and Comcast are $2,253,143, $440,000 and $500,000 respectively. POLICY IMPLICATIONS This project supports CPAU Key Strategy number 7 -Implement programs that improve the quality of the environment and Supporting Objective number 2 -Invest in utility infrastructure to deliver reliable service. CMR: 346:09 Page 3 of4 ENVIRONMENTAL REVIEW This project is categorically exempt from the California Environmental Quality Act (CEQA) under CEQA Guidelines Section 15 302( d) (conversion of overhead electric utility facilities to underground). ATTACHMENTS A: Contract B: Bid Summary C: Certificate of Non-Discrimination D: Addendum 1 -Specific Agreement for Joint Participation Installation of Underground Facilities System in UDD 45 E: Project Boundary Maps F. CMR 2208:08 -Adoption of an Ordinance Amending Section 12.16.020 of Chapter 12.16 of Title 12 of the Palo Alto Municipal Code by Establishing Underground Utility District No. 45 (Palo Alto Avenue, Alma Street, High Street, Lytton Avenue and Cambridge Avenue) PREPARED BY: JAMES S. BUJTOR Senior Electric Project Engineer REVIEWED BY: Assistant Director, Utilities Engineering DEPARTMENT HEAD: CITY MANAGER APPROVAL: J City Manager CMR: 346:09 Page 4 of4 CONTRACT No. C10131437 (Public work) Utilities Department ATTACHMENT A This Contract, number C10131437 dated ___ is entered into by and between the City of Palo Alto, a California Charter City and a municipal corporation of the State of California ("City") , and West Valley Construction Company, Inc. ("Contractor"). For and in consideration of the covenants, terms, and conditions (*the provisions*) of this Contract, City and Contractor ("the parties") agree: 1. Term. This Contract shall commence and be binding on the parties on the Date of Execution of this Contract, and shall expire on the date of recordation of the Notice of Substantial Completion, or, if no such notice is required to be filed, on the date that final payment is made hereunder, subject to the earlier termination of this Contract. 2. General Scope of Project and Work. Contractor shall furnish labor, services, materials and equipment in connection with the construction of the Project and complete the Work in accordance with the covenants, terms and conditions of this Contract to the satisfaction of City. The Project and Work is generally described as follows: Title of Project: Underground District 45,17,19 & 24, Invitation for Bids (IFB) No. 131437 Bid: § 3,193,143 3. Contract Documents. This Contract shall consist ofthe documents set forth below, which are on file with the City Clerk and are hereby incorporated by reference. For the purposes of construing, interpreting and resolving inconsistencies between and among the provisions of this Contract, these documents and the provisions thereof are set forth in the following descending order of precedence. a. This Contract. b. Invitation for Bid. c. Project SpeCifications. d. Drawings. e. Change Orders. f. Bid. g. Supplementary Conditions. h. General Conditions. I. City of Palo Alto Dept. of Public Works Standard Drawings and Specifications (2007). j. Certificate of Insurance, Performance Surety Bond, Labor & Materials (Payment) Surety Bond. k. Other SpeCifications, or part thereof, not expressly incorporated in the Contract Specifications or the City of Palo Alto Dept. of Public Works Standard Drawings and SpeCifications (2007). I. Any other document not expressly mentioned herein which is issued by City or entered into by the parties. 4. Compensation. In consideration of Contractor's performance of its obligations hereunder, City shall pay to Contractor the amount set forth in Contractor's Bid in accordance with the provisions of this Contract and upon the receipt of written invoices and all necessary supporting documentation within the time set forth in the Contract Specifications and the City of Palo Alto Dept. of Public Works Standard Drawings and SpeCifications (1992), or, if no time is stated, within thirty (30) Days of the date of receipt of Contractor's invoices. 5. Insurance. On or before the Date of Execution, Contractor shall obtain and maintain the policies of insurance coverage described in the Invitation For Bid on terms and conditions and in amounts as may be required by the Risk Manager. City shall not be obligated to take out insurance on Contractor's personal property or the personal property of any person performing labor or services or supplying materials or equipment under the Project. Contractor shall furnish City with the certificates of insurance and with original endorsements affecting coverage required under this Contract on or before the Date of Execution. The certificates and endorsements for CITY OF PALO ALTO IFB 131437 rev. 12100 PAGE 1 OF7 each insurance policy shall be signed by a person who is authorized by that insurer to bind coverage in its behalf. Proof of insurance shall be mailed to the Project Managertothe address set forth in Section 16 of this Contract. 6. Indemnification. Contractor agrees to protect, defend, indemnify and hold City, its Council members, officers, employees, agents and representatives harmless from and against any and all claims, demands, liabilities, losses, damages, costs, expenses, liens, penalties, suits, or judgments, arising, in whole or in part, directly or indirectly, at any time from any injury to or death of persons or damage to property as a result of the willful acts or the negligent acts or omissions of Contractor, or which results from Contractor's noncompliance with any Law respecting the condition, use, occupation or safety of the Project site, or any part thereof, or which arises from Contractor's failure to do anything required under this Contract or for doing anything which Contractor is required not to do under this 'Contract, or which arises from conduct for which any Law may impose strict liability on Contractor in the performance of or failure to perform the provisions of this Contract, except as may arise from the sole willful acts or negligent acts or omissions of City or any of its Council members, officers, employees, agents or representatives. This indemnification shall extend to any and all claims, demands, or liens made or filed by reason of any work performed by Contractor under this Contract at any time during the term of this Contract, or arising thereafter. To the extent Contractor will use hazardous materials in connection with the execution of its obligations under this Contract, Contractor further expressly agrees to protect, indemnify, hold harmless and defend City, its City Council members, officers and employees from and against any and.all claims, demands, liabilities, losses, damages, costs, expenses, liens, penalties, suits, or judgments City may incur, ariSing, in whole or in part, in connection with or as a result of Contractor's willful acts or negligent acts or omissions under this Contract, under the Comprehensive Environmental Response. Compensation and Liability Act (42 U.S.C. 'H9601-6975, as amended); the Resource Conservation and Recovery Act (42 U.S.C. :n6901-6992k, as amended); the Toxic Substances Control Act (15 U.S.C. :n2601-2692, as amended); the Carpenter-Presley-Tanner Hazardous Substance Account Act (Health & Safety Code, 3325300-25395, as amended); the Hazardous Waste Control Law (Health & Safety Code, 3325100-25250.25, as amended); the Safe Drinking Water and Toxic Enforcement Act (Health & Safety Code, 3325249.5-25249.13, as amended); the Underground Storage of Hazardous Substances Act (Health & Safety Code, 3325280-25299.7, as amended); or under any other local, state or federal law, statute or ordinance, or at common law. 7. Assumption of Risk. Contractor agrees to voluntarily assume any and all risk of loss, damage, or injury to the property of Contractor which may occur in, on, or about the Project site at any time and in any manner, excepting such loss, injury, or damage as may be caused by the sole willful act or negligent act or omission of City or any of its Council members, officers, employees, agents or representatives. 8. Waiver. The acceptance of any payment or performance, or any part thereof, shall not operate as a waiver by City of its rights under this Contract. A waiver by City of any breach of any part or provision of this Contract by Contractor shall not operate as a waiver or continuing waiver of any subsequent breach of the same or any other provision, nor shall any custom or practice which may arise between the parties in the administration of any part or provision of this Contract be construed to waive or to lessen the right of City to insist upon the performance of Contractor in strict compliance with the covenants, terms and conditions of this Contract. 9. No Exoneration Bv Inspection: The City has the right, but not the duty, to inspect Contractor's Work. The right of inspection is solely for the benefit of City. Contractor has the obligation to complete the Work in a satisfactory manner in compliance with Contract requirements. The presence of a City inspector does not shift that obligation to the City or relieve Contractor from its obligations to complete the Work in a satisfactory manner in compliance with the Contract requirements. 10. Compliance with Laws. Contractor shall comply with all Laws now in force or which may hereafter be in force pertaining to the Project and Work and this Contract, with the requirement of any bid security or fire underwriters or other similar body now or hereafter constituted, with any discretionary license or permit issued pursuant to any Law of any public agency or official as well as with any provision of all recorded documents affecting the Project site, insofar as any are required by reason of the use or occupancy of the Project site, and with all Laws pertaining to nondiscrimination in employment and hazardous materials. 11. Bid Security Bonds. As a condition precedent to City's obligation to pay compensation to Contractor, and on or before the Date of Execution, Contractor shall furnish to the Project Manager the Bid Security as required under CITY OF PALO ALTO IFB 131437 rev. 12100 PAGE 2 OF7 the Invitation For Bid. 12. Representations and Warranties. In the supply of any materials and equipment and the rendering of labor and services during the course and scope of the Project and Work, Contractor represents and warrants: a. Any materials and equipment which shall be used during the course and scope of the Project and Work shall be vested in Contractor; b. Any materials and equipment which shall be used during the course and scope of the Project and Work shall be merchantable and fit to be used for the particular purpose for which the materials are required; c. Any labor and services rendered and materials and equipment used or employed during the course and scope of the Project and Work shall be free of defects in workmanship for a period of one (1) year after the recordation of the Notice of Substantial Completion, or, if no such notice is required to be filed, on the date that final payment is made hereunder; d. Any manufacturer's warranty obtained by Contractor shall be obtained or shall be deemed obtained by Contractor for and in behalf of City. e. Any information submitted by Contractor prior to the award of Contract, or thereafter, upon request, whether or not submitted under a continuing obligation by the terms of the Contract to do so, is true and correct at the time such information is submitted or made available to the City; f. Contractor has not colluded, conspired, or agreed, directly or indirectly, with any person in regard to the terms and conditions of Contractor's Bid, except as may be permitted by the Invitation For Bid; g. Contractor has the power and authority to enter into this Contract with City, that the individual executing this Contract is duly authorized to do so by appropriate resolution, and that this Contract shall be executed, delivered and performed pursuant to the power and authority conferred upon the person or persons authorized to bind Contractor; h. Contractor has not made an attempt to exert undue influence with the Purchasing Manager or Project Manager or any other person who has directly contributed to City's decision to award the contract to Contractor; I. There are no unresolved claims or disputes between Contractor and City which would materially affect Contractor's ability to perform under the Contract; j. Contractor has furnished and will furnish true and accurate statements, records, reports, resolutions, certifications, and other written information as may be requested of Contractor by City from time to time during the term of this Contract; k. Contractor and any person performing labor and services under this Project are duly licensed by the State of California as required by California Business & Professions Code Section 7028, as amended; and I. Contractor has fully examined and inspected the Project site and has full knowledge of the physical conditions of the Project site. 13. Assignment This Contract and the performance required hereunder is personal to Contractor, and it shall not be assigned by Contractor. Any attempted assignment shall be null and void. 14. Claims of Contractor. All claims pertaining to extra work, additional charges, or delays within the Contract Time or other disputes arising out of the Contract shall be submitted by Contractor to City in writing by certified or registered mail within ten (10) Days after the claim arose or within such other time as may be permitted or required by law, and shall be described in sufficient detail to give adequate notice of the substance of the claim to City. CITY OF PALO ALTO IFB 131437 rev; 12100 PAGE 3 OF7 15. Audits by City. During the term of this Contract and for a period of not less than three (3) years after the expiration or earlier termination of this Contract, City shall have the right to audit Contractor's Project-related and WOrk-related writings and business records, as such terms are defined in California Evidence Code Sections 250 and 1271, as amended, during the regular business hours of Contractor, or, if Contractor has no such hours, during the regular business hours of City. 16. Notices. All agreements, appointments, approvals, authorizations, claims, demands, Change Orders, consents, designations, notices, offers, requests and statements given by either party to the other shall be in writing and shall be sufficiently given and served upon the other party if (1) personally served, (2) sent by the United States mail, postage prepaid, (3) sent by private express delivery service, or (4) in the case of a facsimile transmission, if sent to the telephone FAX number set forth below during regular business hours of the receiving party and followed within two (2) Days by delivery of a hard copy of the material sent by facsimile transmission, in accordance with (1), (2) or (3) above. Personal service shall include, without limitation, service by delivery and service by facsimile transmission. To City: Copy to: To Contractor: City of Palo Alto City Clerk 250 Hamilton Avenue P.O. Box 10250 Palo Alto, CA 94303 City of Palo Alto Dept -Utilities Division -Engineering Address -250 Hamilton Avenue Palo Alto, CA 94303 Jim Bujtor, Project Manager West Valley Construction Company, Inc. P.O. Box 5639 San Jose, CA 95150 Attn: Dennis Poncato 17. Appropriation of City Funds. This Contract is subject to the fiscal provisions of Article III, Section 12 of the Charter of the City of PalO Alto. Any charges hereunder for labor, services, materials and equipment may accrue only after such expenditures have been approved in advance in writing in accordance with applicable Laws. This Contract shall terminate without penalty (I) at the end of any fiscal year in the event that funds are not appropriated for the following fiscal year, or (ii) at any time within a fiscal year in the event that funds are only appropriated for a portion of the fiscal year and funds for this Contract are no longer available. This Section 17 shall control in the event of a conflict with any other provision of this Contract. 18. Miscellaneous. a. Bailee Disclaimer. The parties understand and agree that City does not purport to be Contractor's bailee, and City is, therefore, not responsible for any damage to the personal property of Contractor. b. Consent. Whenever in this Contract the approval or consent of a party is required, such approval or consent shall be in writing and shall be executed by a person having the express authority to grant such approval or consent. c. ContrOlling Law. The parties agree that this Contract shall be governed and construed by and in accordance with the Laws of the State of California. d. Definitions. The definitions and terms set forth in Section 1 of the City of Palo Alto Dept. of Public Works Standard Drawings and Specifications (1992) of this Contract are incorporated herein by reference. CITY OF PALO ALTO IFB 131437 rev. 12/00 PAGE4 OF 7 e. Force Majeure. Neither party shall be deemed to be in default on account of any delay or failure to perform its obligations under this Contract which directly results from an Act of God or an act of a superior governmental authority. f. Headings. The paragraph headings are not a part of this Contract and shall have no effect upon the construction or interpretation of any part of this Contract. g. Incorporation of Documents. All documents constituting the Contract documents described in Section 3 hereof and all documents which may, from time to time, be referred to in any duly executed amendment hereto are by such reference incorporated in this Contract and shall be deemed to be part of this Contract. h. Integration. This Contract and any amendments hereto between the parties constitute the entire agreement between the parties concerning the Project and Work, and there are no other prior oral or written agreements between the parties that are not incorporated in this Contract. I. Modification of Agreement. This Contract shall not be modified or be binding upon the parties, unless such modification is agreed to in writing and signed by the parties. j. Provision. Any agreement, covenant, condition, clause, qualification, restriction, reservation, term or other stipulation in the Contract shall define or otherwise control, establish, or limit the performance required or permitted or to be required of or permitted by either party. All provisions, whether covenants or conditions, shall be deemed to be both covenants and conditions. k. Resolution. Contractor shall submit with its Bid a copy of any corporate or partnership resolution or other writing, which authorizes any director, officer or other employee or partner to actfor or in behalf of Contractor or which authorizes Contractor to enter into this Contract. I. Severability. If a court of competent jurisdiction finds or rules that any provision of this Contract is void or unenforceable, the provisions of this Contract not so affected shall remain in full force and effect. m. Status of Contractor. In the exercise of rights and obligations under this Contract, Contractor acts as an independent contractor and not as an agent or employee of City. Contractor shall not be entitled to any rights and benefits accorded or accruing to the City Council members, officers or employees of City, and Contractor expressly waives any and all claims to such rights and benefits. n. Successors and Assigns. The provisions of this Contract shall inure to the benefit of, and shall apply to and bind, the successors and assigns of the parties. o. Time of the Essence. Time is of the essence of this Contract and each of its provisions. In the calculation of time hereunder, the time in which an act is to be performed shall be computed by excluding the first Day and including the last. If the time in which an act is to be performed falls on a Saturday, Sunday, or any Day observed as a legal holiday by City, the time for performance shall be extended to the following Business Day. p. Alternative Dispute Resolution. The parties shall endeavor to resolve any disputes or claims arising out of or relating to this Contract by mediation. which, unless the parties agree otherwise, shall be conducted under the auspices of the Judicial Arbitration and Mediation Service (JAMS). San Jose, California. The intent ofthe parties is that the mediation shall proceed in advance of litigation; however, if any party should commence litigation before the conclusion of mediation, such litigation, including discovery, shall be stayed pending completion of mediation, and by executing this Contract the parties stipulate to mediation in accordance with Santa Clara County Superior Court Local Rule 1.15 or Rule 2- 3(b) of the ADR Local Rules of the U.S. District Court for the Northern District of California, as such rules may be amended from time to time. The parties shall share the cost of the mediation, including the mediator's fee, equally. Any written agreement reached in mediation shall be enforceable pursuant to California Code of Civil Procedure § 664.6, as amended. CITY OF PALO ALTO IFB 131437 rev. 12100 PAGE 5 OF7 q. Venue. Unless the parties mutually agree otherwise, mediation shall take place in San Jose, California, In the event that litigation is commenced by any party hereunder, the parties agree that such action shall be vested exclusively in the state courts of California in the County of Santa Clara or in the United States District Court for the Northern District of California. r. Recovery of Costs. Each Party shall bear its own costs, including attorney's fees, through the completion of mediation. If the claim or dispute is not resolved through mediation, or if litigation is necessary to enforce a settlement reached at mediation pursuant to California Code of Civil Procedure § 664.6, as amended, then the prevailing party in any subsequent litigation may recover its reasonable costs, including attorney's fees, incurred subsequent to conclusion of the mediation. s, Flow-down. Contractor agrees to include provisions of this Contract relating to Alternative Dispute Resolution, Venue. and Recovery of Costs in any subcontracts or major material purchase agreements which it enters into in connection with this Contract, and to require its subcontractors to include those provisions in any sub-contracts or major material purchase agreements, such that any mediation or litigation of any claim or dispute asserted by a subcontractor or major material supplier will be consolidated with any related claim or dispute between the Contractor and the City. Should the Contractor fail to do so, such that the City is required to defend an action brought by a subcontractor or material supplier inconsistent with the Alternative Dispute and Venue provisions of this Contract, Contractor shall indemnify City for City's costs of defense, including reasonable attorney's fees. IN WITNESS WHEREOF, the parties have by their duly appOinted representatives executed this Contract in the city of Palo Alto, County of Santa Clara, State of California on the date first stated above. APPROVED: CITY OF PALO ALTO City Manager APPROVED AS TO FORM: City Attorney CITY OF PALO ALTO IFB 131437 rev. 12100 WEST VALLEY CONSTRUCTION COMPANY, INC. 8y: __________________________________ _ Name: __________________ _ Title: __________________ _ PAGE 6 OF7 CERTIFICATE OF ACKNOWLEDGMENT (Civil Code;} 1189) STATE OF __________ _ COUNTY OF _________ -' On , before me, _______________ a notary public in and for said County, personallyaPloeclre(j ________________ , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/shelthey executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Signature _________________ _ CITY OF PALO ALTO IFB 131437 rev. 12100 (Seal) PAGE 7 OF7 "ISLe:{ SuVVtVVtCwtj § c;V~Lu~tLDV\.. Bidder UG 45 UG 17 UG 19 UG 24 $1,703,6781 $340,7591 $119,4051 $579,249 $416.800 $106.250 $368,130 $430,875 $126,790 $453,040 $2,040,851 $432,080 $132,550 $498,732 $2,337,803 $387,206 $171,927 $636.713 $2,279.595 $519,670 $163,120 anal Items Grand Totals $450,0521 $3,193,143 $541 $3,669,495 $847,300 $3,860,550 $764,240 $3,868,453 595 $3,917 $792,950 $4,430,610 ::J> --I --I ::J> C":> ::::J:: :s::: rTl :z:: --I cx:::J ATTACHMENT C CERTIFICATION OF NONDISCRIMINA1"ION FORM 410 PROJECT: Underground District 45, 17. 19 & 24 Substructure Installation Certification of Nondiscrimination: As suppliers of goods and/or services to the City of Palo Alto in excess of $5,000. the firm. contractor or Individual(s) listed below certify that: they do not and in the performance of this contract they will not discriminate in employment of any person because of race, skin color, gender, age, religion, disability, national origin, ancestry. sexual orientation, housing status, marital status, familial status, weight or height of such person; and further certify that they are in compliance with all Federal. State and local directives and executive orders regarding nondiscrimination in' employment. ........ Firm: ___ \Vl_~_,\!_YG.U_~_~_('~_"3m_ucttM_",,_._. Comp_, _mly,_. _,_tnc. ___ DATE: 6 .. ~5.og Title of Officer Signing: AssISTANT VICSPmJDiNf Signature: ~~ NlS • PONCA:l'O . CITY OF PALO ALTO IFB 131437 PAGE 1 OF 1 ATTACHMENT D ADDENDUM NO.1 AGREEMENT FOR JOINT PARTICIPATION IN THE INSTALLATION OF UNDERGROUND FACILITIES IN UNDERGROUND UTILITY DISTRICT NO. 45 THIS AGREEMENT FOR JOINT P ARTICIPA TION IN THE INSTALLATION OF UNDERGROUND FACILITIES ("Specific Agreement"), made and entered into this day of ____ , 2009, by and among THE CITY OF PALO ALTO, a California municipal corporation ("City"), PACIFIC BELL TELEPHONE COMPANY, a California corporation, doing business as AT&T CALIFORNIA ("AT&T"), and COMCAST OF CALIFORNIA IX, INC., a California corporation ("Comcast"), individually "Party" and collectively "Parties", in reference to the following facts and circumstances: 1. The terms of the MASTER AGREEMENT FOR INSTALLATION OF UNDERGROUND FACILITIES IN THE CITY OF P ALO ALTO ("Master Agreement"), executed by the Parties on ,2009, are hereby incorporated in this Specific Agreement and made a part hereof by reference. 2. City will act as the Trenching Agent for purposes of this Specific Agreement. 3. The project description is as follows: Installation of Underground Facilities in Underground Utility District 45. (or in accordance with the attachments). 1/ 1/ 1/ /I /I /I /I /I /I 1 090728 jb 0073200 IN WITNESS WHEREOF, the Parties by their duly authorized representatives have caused this Master Agreement to be executed on the date first above written. ATTEST: City Clerk APPROVED AS TO FORM: Senior Asst. City Attorney APPROVED: City Manager Director of Administrative Services Director of Utilities Attachments: CITY OF PALO ALTO Mayor PACIFIC BELL TELEPHONE COMPANY DBA AT&T CALIFORNIA COMCAST OF CALIFORNIA IX, INC. Name: -------------------- Title: --------- EXHIBIT "A": Supplemental Terms of Agreement for Underground Conversion Project Utility and Trench Substructure 2 090728 jb 0073200 EXHIBIT" A" SUPPLEMENTAL TERMS OF AGREEMENT FOR UNDERGROUND CONVERSION PROJECT UTILITY AND TRENCH SUBSTRUCTURE A. CONSTRUCTION CONTRACT is awarded by the Trenching Agent, and is hereby incorporated by reference (see attached bid items for breakdown of cost estimate). 1. All bid items dedicated to the City's sole benefit and use shall be charged 100% to the City. 2. All bid items dedicated to AT&T's sole benefit and use shall be charged 100% to AT&T. 3. All bid items dedicated to Comcast's sole benefit and use shall be charged 100% to Comcast. 4. All joint trench bid item costs incurred for the collective benefit of the Parties will be determined using a space/cost allocation formula, which divides the minimum trench area required for each trench occupant, individually, by the sum of the minimum trench areas for all occupants. For example, __ ... ______________ _ 5. Pavement and surface restoration over joint trench costs shall be shared equally by the number of occupants in the trench. 6. All optional bid items, whenever used, shall be charged, individually or jointly depending on how the items are used. 7. Cost of compaction testing shall be shared equally by the number of occupants in the trench. 8. The Trenching Agent shall require its construction contractor to provide a two-year warranty on materials provided and work performed from the date of acceptance of the Project by the Trenching Agent. 9. The City shall abide by AT&T's Tariff with respect to obtaining the necessary permits and licenses in accordance with applicable law. In the event of a conflict between the terms of this Master Agreement or any Amended Master Agreement and the terms of the Tariff, the terms of the Tariff shall govern. 3 090728 jb 0073200 B. BID PACKAGE AND CONTRACT ADMINISTRATION 1. Fifteen percent (15%) of each ofthe Non-Trenching Parties' share of the actual cost of construction shall be added, respectively, for engineering, Project's plans and specifications, and contract administration by the Trenching Agent, including costs of inspections perfonned by the Trenching Agent. Formula Palo Alto (Electric) % = {PW x PD/(PW x PD + TW x TD + CW x CD)) * 100 AT&T (Telephone) % = {TW x TD/(PW x PD + TW x TD + CW x CD)} * 100 Corncast (Cable TV) % {CW x CD/(PW x PD + TW x TD + CW x CD)} * 100 P -City of Palo Alto -Electric T AT&T Telephone C Corncast -Cable TV D Depth of Trench required for individual utility W -Width of Trench required for individual utility Section C (1 thru 6) C. FORCE ACCOUNT AND WHEN CITY'S SHARE IS LESS THAN $85,000 These prices shall apply when the joint installation is to be perfonned by City's force account using annual contracted services. The prices shall be revised every 12 to 18 months. 1. Trenching Cost of trenching in all surfaces shall include all labor and material for saw cutting, digging, hauling, disposal of spoil, backfill, compaction, and complete surface restoration. The cost for AT&T or Corncast shall be: a. $26.33 per foot when trench is shared by City, AT&T and Corncast. b. $39.50 per foot when trench is shared between City and either AT&T or Corncast. c. $79 per foot when trench is for AT&T or Corncast use only. 2. Placing Boxes 4 090728 jb 0073200 Cost of placing splice boxes shall include all material cost where applicable and all labor for excavating, grading, and backfilling around the boxes and all restoration work The cost for AT&T or Comcast shall be: a. $340 each for -11 tlxl7t1 -N9 box (box to be furnished by City) b. $874 each for -I7"x30" -PO 1730 (box to be furnished by City) d. Unit cost for larger splice boxes will be based on the actual cost charged by contractor. 3. Conduit Installation Cost of installing conduits shall include all material cost and labor for conduit termination at each end and pulling rope between points of termination. The cost for AT&T or Comcast shall be: a. $2.50 per foot for I-inch conduits b. $4.00 per foot for 2-inch conduits c. $6.00 per foot for 4-inch conduits Note: No end-bells will be installed Installation of2" Riser will be $150.00 each. 4. Resurfacing Cost of resurfacing shall include all labor and materials for forming, pouring, finishing, removal of debris and restoration of all adjacent surfaces. The cost for AT&T or Comcast shall be: 5 090728 jb 0073200 Description Sidewalk! 2" AC over 7" Curb and Gutter per In. Driveway per PCC or 8" Agg ft. sq. ft. base per sq. ft. a. When construction $10.00 $10.00 $25.00 involves City, AT&T and Corncast b. When construction $15 $15 $37.5 involves City and either AT&T or Corncast 5. Saw Cutting The cost for AT&T or Corncast shall be: a. $12.00 per lineal feet 6. Incidental Incidental cost shall include administration, inspecting and compaction testing. Cost for AT&T or Corncast shall be fifteen percent (15%) of the total individual cost. 6 090728 jb 0073200 ~~~~"~"~"~~~C""~~""~~ III Ii t~ ::J III (Jj ,..,. ~ Lane21 ATTACHMENT E WI >1 ........ 1 ....,....·1 I. (J), I I 721 """i ~---------l 209 761 .<JJ Ii> I' « : I: 1- W 230-232 214 212 wi -I L..I I 1 203 ~ I.. I 701 731 -I 1-: 723 735 II I 745 795 201 E o :c 210 825 839 647 829 833 II .• Ii L / i'-------· .... ~ ..... _.," -.--~\ ,/ II -II i I I I '! 800 806 812 818 i '00 '" ,~'" m ,I i II • . • II: I LaneZ .. East. u. _______ ., -1 I 711 _ 701 703 705 707 709 791 831 -I 153 1 801 8'5 ~'-I -i. ~.-.-.-.-.-.-.~.-.;;;;..-. ...:;,..-.-.~~---- __ ._ ••• _. _________ •• ___ ._~ •• ~~~~.".". __ •• ____ • "'\, _____ •••• ___ ••• _ .,"'"'""'"""' __ " ,,_,, __ ,,_", ___ ,_ "_, e,_ '".',,_,_" __ '-_ 200 Emerson St 649 ..&,..I l' (J) .1 145 W 150 1-. 139 0 700 744 780 790 140 850 LL 137 I ------=--f~ -=-_~~c~ I I I I " -'-:, , ' ':'~'~<-, I '-"" y\ I 1 i I I I I I I I I I I university Ave r-QJ '" '" '" '" m , i I I I University Ave L -- - 1--- I I I I I, jFOrest' _' ____ '~_ I -- L~ -- LYTTON AVENUE --;=::===-IT~-- - HAMILTON AVENUE LEGEND ---Project Boundary APPROVED 27 Feb 2008 Jim Suitor SR. ENGINEER I MANAGER ENGR. JB DRWN PD CHKD. JB I --l'ri ;1 _ -~ -~~helllO~: S.P.R.R. Underground Utility District No. 45 REV. DATE APPR. DESCRIPTION Bounda~Map r-~~~+-~~~~~ Palo Av, Alma St, High St & Lytton Av Area 1-;--+----1-------1 City of Palo Alto tM;-:;AP~#tC:::;KT;-:#~SC=-AL:iE -~----J California UTILITIES, ELECTRIC ENGINEERING NTS r-;;;-;;::;:::;:--:--~::--:-:'---1 OF 2 4 LEGEND --- Project Boundary ~~~~~~~~ ______ -A~ APPROVED 27 Feb 2008 Jim Sujtor SR. ENGINEER I MANAGER ENGR. JB DRWN PO CHKD. JB Underground Utility District No. 45 t-R_E_V't--DA_TE-t-AP...:.-PR~. f----=D:::ES:::.CR~IP..:..:TIO::N~__I Boundary Map Cambridge Avenue Area _ ......... City of Palo Alto t:M::':A~P#~C:::KT:-:#t.S::-:::C~ALE f--w~.-O.#-I-DRA--WI-NG-#--I California SAP 40009247 UTILITIES, ELECTRIC ENGINEERING NTS [------;;;-;;::-;::~~:..:;;~-I SHEET 2 OF 2 ATT ACHMENT F 11 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: UTILITIES DATE: MAY 5,2008 CMR: 220:08 SUBJECT: ADOPTION OF AN ORDINANCE AMENDING SECTION 12.16.020 OF CHAPTER 12.16 OF TITLE 12 OF THE PALO ALTO MUNICIPAL CODE BY ESTABLISHING UNDERGROUND UTILITY DISTRICT NO. 45 (PALO ALTO AVENUE, ALMA STREET, HIGH STREET, LYTTON A VENUE AND CAMBRIDGE A VENUE) RECOMMENDATION Staff recommends that Council adopt the attached Ordinance to create Underground Utility District No. 45 (UUD 45) and thereby amend Section 12.16.020 of Chapter 12.16 of TitIe 12 of the Palo Alto Municipal Code. BACKGROUND The Electric Utility's undergrounding project areas are selected and recommended to AT&T and Comcast based on the age and ability to maintain the existing overhead electric system. AT&T and Comcast determine whether the recommended area meets the criteria for undergrounding based on the guidelines established by the California Public Utilities Commission (CPUC). UUD 45 meets the City's and CPUC's guidelines for undergrounding overhead utility lines. The attached Exhibits "B" and "c" show the boundaries of UUD 45. The attached Exhibit "D" provides additional background and history on undergrounding of electric utilities. Cost-sharing of underground utility district projects has been determined by agreement between the City, AT&T, and Comcast. The cost for joint trench bid items is determined using a space/cost allocation formula, which divides the minimum trench area required for each trench occupant individually by the sum of the minimum trench areas for all occupants. At the March 10, 2008 meeting, Council passed Resolution of Intent No. 8802 to establish UUD 45. The May 5, 2008 Council meeting has been set as the date of the public hearing on the matter. Notices announcing the meeting with a description of the project and a copy of the Resolution were mailed to all property owners in the proposed district on April 4, 2008. CMR: 220:08 Page 1 of3 DISCUSSION This underground project will result in the removal of 45 poles and provision of underground service to 45 properties, of which a small percentage are residential properties. Completion of this project will eliminate overhead distribution lines in an area bordered by existing underground districts and will enhance reliability of the electric distribution system while improving aesthetics. If an underground district is created, the Utilities Department will prepare plans and specifications and obtain bids for installation of the underground substructure. Underground substructure construction consists of the installation of conduits, vaults, concrete pads and boxes. The Utilities Department will install the electric distribution cables, transformers and switches upon completion of the substructure installation. After the new underground system (cable, transformers, switches, etc.) has been tested and energized, the property owners will be notified that they have 60 days to connect to the new underground system. Upon completion of the new connections, utility crews will remove the overhead power lines, and telephone crews will complete the project by removing the remaining telephone and cable television facilities and poles. TIMELINE Upon Council approval and completion of the public hearing, the following will occur as proposed: May 5, 2008* Introduction and first reading of Ordinance Establishing Project Area as Underground Utility District No. 45 May19,2008* November 2008* January 2009 March 2009* May 2009 through July 2009 July 2009 through Sept 2009 Second reading and adoption of Ordinance. Award of construction contract and Joint Construction Agreement with AT&T IComcast. Substructure (conduits, vaults, etc.) installation by Contractor Resolution determining properties electing to pay service conversion cost over a period of 10 years Installation of underground facilities (cable, switches, etc.) Service conversion work by property owners October 2009 Pole removal and project completion through Jan 2010 * Denotes Council Action CMR: 220:08 Page 2 of3 RESOURCE IMPACT The total cost of the project is estimated at $2,350,000. The majority of the cost will be for the substructure installation of underground facilities ($1,450,000). The remaining funds will be utilized for engineering ($100,000), electric equipment & cables ($680,000), and removal of overhead facilities ($120,000). AT&T and Comcast will reimburse approximately $700,000 to the City for the installation of telephone and cable television conduits and boxes in accordance with an agreement with the three parties. Construction and installation costs of this project have been budgeted in the FY 2008-09 and 2009-10 Utilities Department Electric Capital Improvement Program budget. The cost of the required service conversions on private property is to be borne by the individual owners in accordance with Utility Rule and Regulation No.17. The total cost for the property owners requiring service conversions from overhead to underground has been estimated at $200,000. The property owners have been offered the option of financing their service conversions under Section 12.16.091 of Palo Alto Municipal Code which provides for City loans to property owners to fund the service conversions. Property owners repay the loan and administrative costs, which are added to their property tax bills, over a ten-year period, at an interest rate approved by the Council. POLICY IMPLICATIONS This recommendation is consistent with the Council-approved Utilities Strategic Plan to invest in utility infrastructure to deliver reliable service. The project furthers Program L-80 (the continuation of Citywide undergrounding of utility wires) and L-81 (the use of compact and well-designed utility elements) of the Comprehensive Plan. ENVIRONMENTAL REVIEW This project is categorically exempt from the California Environmental Quality Act under California Public Resources Code Section 15302(d) (conversion of overhead electric utility distribution system facilities to underground). ATTACHMENTS A: Ordinance B: Underground Utility District No. 45 Boundary Map -Palo Alto A venue, Alma Street, High Street and Lytton Avenue area C: Underground Utility District No. 45 Boundary Map Cambridge Avenue area D: Background and History on Underground of Electric Utilities PREPARED BY: DEPARTMENT HEAD: CITY MANAGER APPROVAL: CMR: 220:08 JAMES BUJTOR Sr. Electric Project Engineer VALERIE FONG Director of Utilities STEVE EMSLIEIKELLY MORARIU Deputy City Managers Page 3 of3 fol1ows: NOT YET APPROVED , ATTACHMENT A ORDINANCE NO. ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING SECTION 12.16.020 OF CHAPTER 12.16 OFTITLE 12 OF THE PALO ALTO MUNICIPAL CODE BY ESTABliSHING UNDERGROUND UTILITY DISTRICT NO. 45 The Council of the City of Palo Alto does ORDAIN as follows: SECTION 1.. Findings and Declarations. The City Council finds and declares as (a) This Council, on March 10, 2008, adopted Resolution No. 8802, declaring its intention to amend Section 12.16.020 of Chapter 12.16 of Title 12 of the Palo Alto Municipal Code by establishing Underground Utility District No. 45 in the City and by such Resolution appointed Monday, MayS, 2008, at the hourof7:00 p.m., in theCounci1 Chambers, City Han, at 250 Hamilton A venue, Palo Alto, California. as the time and place of hearing protests and receiving evidence for and against the proposed action and notice of direction. (b) Notice was given of the time and place therein stated in the manner provided by law, as appears from the affidavits on file in the office of the City Clerk. (c) This matter came on regularly for hearing at the time therein fixed. (d) All written protests and other written communications were publicly read at this meeting and evidence duly taken and all persons desiring to be heard were fully heard. (e) The public necessity, health and safety require the removal of poles and overhead lines and associated overhead structures from that certain area described in Resolution No. 8802. SECTION 2. Section 12.16.020 of Chapter 12.16 of Title 12 of the Palo Alto Municipal Code is hereby amended by adding Subsection (41) thereto to read as follows: "(45) District No. 45. All of the area in the County of Santa Clara, City of Palo Alto, encompassing the areas contiguous with portions of Palo Alto A venue, Alma Street, High Street, Lytton A venue and Cambridge A venue Underground Utility District Number 45, on file in the office of the City Clerk." SECTION 3. The "Underground Utility District Maps" referred to in Section 12.16.020 shall be amended to add to the areas shown on the map those referred to in Resolution No. 8802. SECTION 4. The City Council hereby finds that the adoption of this ordinance constitutes the approval of a project that is categorically exempt from environmental review under the California Environmental Quality Act pursuant to CaJiforniaPubJic Resources Code § 15302(d) (Conversion of Overhead Electric Utility Distribution System Facilities to Underground). 1 NOT YET APPROVED SECTION 5. This ordinance shall become effective upon the expiration of thirty (30) days from its passage. INTRODUCED: PASSED: AYES: NOES: ABSTENTIONS: ABSENT: ATTEST: City Clerk Mayor APPROVED AS TO FORM: APPROVED: Deputy City Attorney City Manager Director of Utilities 2 LEGEND ---Project Boundary APPROVED 27 Feb 2008 Jim Bujtor SR. ENGINEER / MANAGER ATTACHMENT B Underground Utility District No~ 45 I---+---+--.J.-------I Boundary Map Av, Alma St, High St & Lytton Av Area I---t--+--+--------I Citx of Palo Alto California' UTILITIES, ELECTRIC ENGINEERING LEGEND APPROveD 27 Feb 2008 Underground Utility District No. 45 Boundary Map cambridge Avenue Area City of Palo Alto California UTILITIES, ELECTRIC ENGINEERING ATTACHMENT C BACKGROUND BACKGROUND AND HISTORY ON UNDERGROUNDING OF ELECTRIC UTILITIES History 0/ Undergrounding ATTACHMENT D The City of Palo Alto began a program to underground overhead electric, telephone, and cable TV facilities in 1965 with a project along Oregon Expressway. Since that time 42 Underground Districts have been fonned. The main reasons for starting the undergrounding program in Palo Alto were to improve the aesthetics of the neighborhoods and to improve service reliability by reducing the impacts of weather on the electric distribution system. To establish the undergrounding program, the city amended the Municipal Code adding Chapter 12.16 titled Underground Utilities. All new development after 1965 was required to have underground facilities. This requirement resulted in the undergrounding of electric facilities for most of the commercial areas outside of the older commercial developments in the University Avenue and California A venue districts. Types 0/ Underground Districts Rules for establishing an underground district in the City are covered by Utility Rule and Regulation 17. This rule establishes three types of underground districts: General Public Benefit, Primarily of Local Public Benefit, and areas that do not qualifY under the preceding types. General Public Benefit projects are established by the City and the City pays for the installation of the electric system in the public right- of-way (ROW) and the residents pay for conversion of the facilities on their property. In the remaining two conversion area types, the residents must request the underground district and fund the service conversion on their property as well as a portion oftheutility costs in the public ROW. Most of the projects completed have been established under the General Public Benefit provision. Joint Construction on Utilities Poles The poles within the City of Palo Alto are jointly owned with AT&T or in some cases jointly owned with AT&T and PG&E. Comcast leases space on the poles from AT&T for the attachment of cable TV cables. Due to the joint ownership of the poles, underground districts require agreement by the other joint owners. Once agreement on the Underground District boundaries has been reached, the conduits and structures are jointly constructed. Joint construction is used to reduce costs and coordinate the construction to minimize impacts on the neighborhoods. Agreement on Underground District boundaries by AT&T is subject to AT&T's ability to recover its costs pursuant to California Public Utilities Commission's (CPUC) Schedule A2Rule 32 on undergrounding which specifies the criteria for different levels of financial participation by AT&T. .. , ! , • The applicable section of Rule 32 is critical to the financial viability of the underground project. If a :."'" project qualifies under section A.I of Rule 32, the project has been found to have General Public Benefits, and AT&T and Comcast fund all the their improvements in the public right-of-way. If it is detennined that Rule 32A.2 or 32A.3 are applicable to the project, the cost responsibility for the Cable TV and Telephone conduits and other structures shifts either to the City or to the residents. In the past, once AT&T had detennined that the proposed area did not qualify under Rule 32A. I the City has canceHed the underground project because of the increased costs to the Electric Utility and moved forward on undergrounding projects in areas where the telephone company would participate. Currently there are only a few small areas where the telephone company will participate. To facilitate the coordination between the parties in an Underground District, a master agreement has been signed by the City, AT&T, and Cable TV. This master agreement is amended each time an underground district is formed to include the new Underground District. Funding for Underground Districts General Benefit Undergrounding was funded at approximately 2% of annual electric revenues. Beginning in 1998, funding was reduced to 1% per year due to the need to shift electric resources to rebuilding aging infrastructure. The current funding which has been recently returned to 2% of annual electric revenues converts, on average, electric facilities for approximately 150 to 200 homes per year. The reduction in funding to 1 % of revenues for underground districts was initiated about J 0 years ago to "free up" revenues and resources to focus on replacing underground facilities reaching the end of their useful lives. Cables installed in the sixties and seventies had an expected cable life of 30 years. In the late nineties a significant portion of the city's underground system had exceeded its expected life and failures were beginning to occur at an increasing rate. To reduce the rate of failure, an accelerated infrastructure program was initiated to replace the cables that had exceeded their life expectancies. Because of staffing constraints the underground program was temporarily scaled back. Costs that AT&T can recover from its rate payers for funding General Public Benefit Undergrounding under Rule 32A.l are limited. The restrictions on AT&T's funding limit the City'S abiJity to accelerate the undergrounding program beyond 2% of revenues while still receiving the fulJ rule 32A.l level of participation from AT&T. In addition the cost of the required service conversions on private property is borne by the individual owners in accordance with Utility Rule and Regulation No.1? This cost can range from $5,000 to $8,000. In order to reduce the burden of the service conversion cost to property owners in underground districts the property owners are offered the option of financing their service conversion cos·ts over a period of ten years with interest in accordance with the procedure given in Section 12.]6.090 through 12.16.096 of the Palo Alto Municipal Code. The CMR that accompanies this document seeks approval of a resolution listing property owners electing to participate in the service conversion financing offered by the City. Budgeting Funding for the Underground Districts is approved by the City Council during the annual budget process. In addition to the current fiscal year's funding, staff also provides four additional years of projected funding for proposed undergrounding projects. These future projects are not approved for construction . until the budget for these projects is approved each fiscal year. Each year staff reevaluates the future year recommendations. and proposes changes based on additional information acquired since the last budget cycle including AT&T's participation in covering project costs. .' , , , , !!'" ". Selecting Underground Districts Proposed undergrounding districts are detennined by applying the priorities in Rule 17 and negotiations with AT&T as joint pole owners. In addition, Comcast, which leases pole space from AT&T, must also fund part of the underground costs to move their facilities. The City Electric Utility takes the lead in proposing boundaries for an underground project. AT&T's agreement is driven by its ability to recover costs under rules that differ from Utility Rule and Regulation No. '7. Recently the City was advised by AT&T that the proposed underground district planned for FY 2007-08 did not qualifY under section A.I of Rule 32, and that AT&T would be unable to fund all the improvements in the public right-of-way, resulting in the cost responsibility for the telephone substructure shifting to the City or the residents within the proposed districts. To give a perspective on this impact, the present cost to the City for undergrounding is about $ J 5,000 per home. This does not include the additional cost for each homeowner of about $5,000 for their service conversion. If the City continues undergrounding without AT&T and Comcast reimbursements, the cost to the City per home increases to approximately $20,000, '~m increase of 33%. Future of Program The overhead lines for approximately ] 4, ] 00 homes remain to be undergrounded and the current program undergrounds facilities for approximately 200 homes per year. If the City were to proceed with the program without AT&T and Comeast reimbursements at the present funding rate of 2% of annual electric revenues, it is expected to take approximately ] 00 years more to complete the undergrouriding of the entire city at a cost of $296,100,000. This is based on the current value of the dollar. Under the current program the electric rate payers would be responsible for funding approximately $225,600,000 and the property owners would be responsible for funding about $70,500,000 of total cost. In light of the recent position taken by AT&T to suspend participation in undergrounding of utilities where AT&T is not able to recover costs from its ratepayers, staff is reviewing with AT&T and Comcast potential undergrounding project areas in the City. If an agreement is reached with AT&T on additional areas for undergrounding of utilities, then staff wiU obtain Council approval for undergrounding of such areas to continue the undergrounding program. I I I I I I I I I I TO: FROM: DATE: REPORT TYPE: SUBJECT: HONORABLE CITY COUNCIL CITY MANAGER DEPARTMENT: UTILITIES AUGUST 3, 2009 CMR: 337:09 CONSENT Approval of a Utilities Enterprise Fund Contract with Casey Construction, Inc. in the Total Amount of $652,066 for the 2009-2010 Utility Trench and Substructure Installation Throughout the City RECOMMENDATION Staff recommends that Council approve and authorize the City Manager or designee to execute the attached contract with Casey Construction, Inc. (Attachment A) for a period of twelve (12) months in the amount of $652,066 to provide utility trench and substructure installation services throughout the City. Staff also recommends that Council approve and authorize the City Manager or his designee to negotiate and execute one or more change orders to the contract with Casey Construction, Inc. for related, additional but unforeseen work that may develop during the project, the total value of which shall not exceed $98,000, 15% of the contract price. Staff also recommends that Council approve and authorize the City Manager or his designee to exercise the option to renew the contract for up to two additional twelve month periods at a cost of $684,670 for the first renewal (FY 201012011) and $718,903 for the second renewal (FY 201112012), provided the contractor is responsive to the City's needs, and the quality of the contractor's work is acceptable during the first year of the contract. DISCUSSION Proiect Description The Electric Utility establishes an annual contract with a general contractor to provide trenching services and to install electric utility substructure such as conduits, boxes, and vaults. The trenching and substructure is for customer service installations, replacements to the existing underground electric system, and for fiber optic, street light, and communication services. Each job is individually quoted, a price agreed upon, and payment made upon completion of work. The City does not possess the staff resources to provide electric substructure and trench services. Electric substructure and trench services have been contracted out for over 16 years. A ward of CMR: 337:09 Page 1 of3 the contract is necessary to complete customer connection requests and Capital Improvement Program (CIP) projects in a timely and cost-effective manner. Summary of Bid Process ~Bid Name!Number 2009-2010 Utility Trench & Substructure Installation Proposed Length of Project 12 months • Number of Bids Mailed to 18 Contractors Number of Bids Mailed to Builder's 5 Exchanges Total Days to Respond to Bid 28 Pre-Bid Meeting? Yes Number of Company Attendees at 16 Pre-Bid Meeting Number of Bids Received: 5* Bid Price Range From a low of $652,066 to a high of$I,239,462. *Bid summary provIded In Attachment B. Staff has reviewed all bids submitted and recommends that the bid of $652,066 submitted by Casey Construction, Inc. be accepted and that Casey Construction, Inc. be declared the lowest responsible bidder. The bid is 19 percent below the staff/engineer's estimate of $800,000. The difference between the bid price and the estimate was anticipated by staff due to the lack of demand for construction projects. The change order amount of $98,000, which equals 15 percent of the total contract, is requested due to fluctuations and uncertainty in new business customer connection requests. Staff confirmed with the Contractor's State License Board that the contractor has an active license on file. Staff checked references supplied by the contractor for previous work performed and found no significant complaints. RESOURCE IMPACT Funds for this project are available in the FY 2009/2010 Electric Capital Improvement Program Budget. Continued work Uflder this contract for FY 2010/2011 and FY 2011/2012 will be subject to satisfactory performance by the contractor and appropriation of required funds in the respective fiscal years. POLICY IMPLICATIONS The approval of this contract is consistent with existing City policies, including the Council approved Utilities Strategic Plan Key Strategy No.1: Operate distribution system in a cost effective manner and Strategy No.2: Invest in utility infrastructure to deliver reliable service. CMR: 337:09 Page 2 of3 ENVIRONMENTAL REVIEW This project is categorically exempt from the California Environment Quality Act (CEQA), pursuant to Section 15301 of the CEQA Guidelines (minor alteration of existing public or private facilities and equipment). ATTACHMENTS A: Contract B: Bid Summary C: Certificate of Non-Discrimination PREPARED BY: APPROVED BY: DEPARTMENT HEAD: CITY MANAGER APPROVAL: CMR: 337:09 enior Electric Project Engineer ~~~~-------- Assistant Director ofUti1ities Engineering VA~NG JAMES KEENE City Manager Page 3 of3 CONTRACT No.C10131112 (Public work) Utilities Department ATTACHMENT A This Contract, number C10131112 dated is entered into by and between the City of Palo Alto, a California Charter City and a municipal corporation of the State of California ("City") , and Casey Construction Inc. ("Contractor"). For and in consideration of the covenants, terms, and conditions ("the provisions") of this Contract, City and Contractor ("the parties") agree: 1. Term. This Contract shall commence and be binding on the parties on the Date of Execution of this Contract, and shall expire on the date of recordation of the Notice of Substantial Completion, or, if no such notice is required to be filed, on the date that final payment is made hereunder, subject to the earlier termination of this Contract. 2. General Scope of Project and Work. Contractor shall furnish labor, services, materials and equipment in connection with the construction of the Project and complete the Work in accordance with the covenants, terms and conditions of this Contract to the satisfaction of City. The Project and Work is generally described as follows: Title of Project: 2009·2010 Utility Trench and Substructure Installation, Invitation for Bids (IFB) No. 131112 Bid: $ 652.066.00 3. Contract Documents. This Contract shall consist ofthe documents set forth below, which are on file with the City Clerk and are hereby incorporated by reference. For the purposes of construing, interpreting and resolving inconsistencies between and among the provisions of this Contract, these documents and the provisions thereof are set forth in the following descending order of precedence. a. This Contract. b. Invitation for Bid. c. Project Specifications. d. Drawings. e. Change Orders. f. Bid. g. Supplementary Conditions. h. General Conditions. I. City of Palo Alto Dept. of Public Works Standard Drawings and Specifications (2007). j. Certificate of Insurance, Performance Surety Bond, Labor & Materials (Payment) Surety Bond. k. Other Specifications, or part thereof, not expressly incorporated in the Contract Specifications or the City of Palo Alto Dept. of Public Works Standard Drawings and Specifications (2007). L Any other document not expressly mentioned herein which is issued by City or entered into by the parties. 4. Compensation. In consideration of Contractor's performance of its obligations hereunder, City shall pay to Contractor the amount set forth in Contractor's Bid in accordance with the provisions of this Contract and upon the receipt of written invoices and all necessary supporting documentation within the time set forth in the Contract SpeCifications and the City of Palo Alto Dept. of Public Works Standard Drawings and SpeCifications (1992), or, if no time is stated, within thirty (30) Days of the date of receipt of Contractor's invoices. 5. Insurance. On or before the Date of Execution, Contractor shall obtain and maintain the policies of insurance coverage described in the Invitation For Bid on terms and conditions and in amounts as may be required by the Risk Manager. City shall not be obligated to take out insurance on Contractor's personal property or the personal property of any person performing labor or services or supplying materials or equipment under the Project. Contractor shall furnish City with the certificates of insurance and with original endorsements affecting CITYOFPALOALTOC10131112 PAGE 1 OF7 rev. 12100 coverage required under this Contract on or before the Date of Execution. The certificates and endorsements for each insurance policy shall be signed by a person who is authorized by that insurer to bind coverage in its behalf. Proof of insurance shall be mailed to the Project Managerto the address set forth in Section 16 ofthis Contract. 6. Indemnification. Contractor agrees to protect, defend, indemnify and hold City, its Council members, officers, employees, agents and representatives harmless from and against any and all claims, demands, liabilities, losses, damages, costs, expenses, liens, penalties, suits, or judgments, arising, in whole or in part, directly or indirectly, at any time from any injury to or death of persons or damage to property as a result of the willful acts or the negligent acts or omissions of Contractor, or which results from Contractor's noncompliance with any Law respecting the condition, use, occupation or safety of the Project site, or any part thereof, or which arises from Contractor's failure to do anything required under this Contract or for doing anything which Contractor is required not to do under this Contract, or which arises from conduct for which any Law may impose strict liability on Contractor in the performance of or failure to perform the provisions of this Contract, except as may arise from the sole willful acts or negligent acts or omissions of City or any of its Council members, officers, employees, agents or representatives. This indemnification shall extend to any and all claims, demands, or liens made or filed by reason of any work performed by Contractor under this Contract at any time during the term of this Contract, or arising thereafter. To the extent Contractor will use hazardous materials in connection with the execution of its obligations under this Contract, Contractor further expressly agrees to protect, indemnify, hold harmless and defend City, its City Council members, officers and employees from and against any and all claims, demands, liabilities, losses, damages, costs, expenses, liens, penalties, suits, or judgments City may incur, arising, in whole or in part, in connection with or as a result of Contractor's willful acts or negligent acts or omissions under this Contract, under the Comprehensive Environmental Response, Compensation and Liability Act (42 U.S.C. 339601-6975, as amended); the Resource Conservation and Recovery Act (42 U.S.C. cn6901-6992k, as amended); the Toxic Substances Control Act (15 U.S.C. 332601-2692, as amended); the Carpenter-Presley-Tanner Hazardous Substance Account Act (Health & Safety Code, 3325300-25395, as amended); the Hazardous Waste Control Law (Health & Safety Code, 3325100-25250.25, as amended); the Safe Drinking Water and Toxic Enforcement Act (Health & Safety Code, 3325249.5-25249.13, as amended); the Underground Storage of Hazardous Substances Act (Health & Safety Code, 3325280-25299.7, as amended); or under any other local, state or federal law, statute or ordinance, or at common law. 7. Assumption of Risk. Contractor agrees to voluntarily assume any and all risk of loss, damage, or injury to the property of Contractor which may occur in, on, or about the Project site at any time and in any manner, excepting such loss, injury, or damage as may be caused by the sole willful act or negligent act or omission of City or any of its Council members, officers, employees, agents or representatives. 8. Waiver. The acceptance of any payment or performance, or any part thereof, shall not operate as a waiver by City of its rights under this Contract. A waiver by City of any breach of any part or prOVision ofthis Contract by Contractor shall not operate as a waiver or continuing waiver of any subsequent breach of the same or any other provision, nor shall any custom or practice which may arise between the parties in the administration of any part or provision of this Contract be construed to waive or to lessen the right of City to insist upon the performance of Contractor in strict compliance with the covenants, terms and conditions of this Contract. 9. No Exoneration By Inspection: The City has the right, but notthe duty, to inspect Contractor's Work. The right of inspection is solely for the benefit of City. Contractor has the obligation to complete the Work in a satisfactory manner in compliance with Contract requirements. The presence of a City inspector does not shift that obligation to the City or relieve Contractor from its obligations to complete the Work in a satisfactory manner in compliance with the Contract requirements. 10. Compliance with Laws. Contractor shall comply with all Laws now in force or which may hereafter be in force pertaining to the Project and Work and this Contract, with the requirement of any bid security or fire underwriters or other similar body now or hereafter constituted, with any discretionary license or permit issued pursuant to any Law of any public agency or official as well as with any provision of all recorded documents affecting the Project site, insofar as any are required by reason of the use or occupancy of the Project site, and with all Laws pertaining to nondiscrimination in employment and hazardous materials. 11. Bid Security Bonds. As a condition precedent to City's obligation to pay compensation to Contractor, and on or CITYOFPALOALTOC10131112 PAGE 2 OF7 rev. 12/00 before the Date of Execution, Contractor shall furnish to the Project Manager the Bid Security as required under the Invitation For Bid. 12. Representations and Warranties. In the supply of any materials and equipment and the rendering of labor and services during the course and scope of the Project and Work, Contractor represents and warrants: a. Any materials and equipment which shall be used during the course and scope ofthe Project and Work shall be vested in Contractor; b. Any materials and equipment which shall be used during the course and scope of the Project and Work shall be merchantable and fit to be used for the particular purpose for which the materials are required; c. Any labor and services rendered and materials and equipment used or employed during the course and scope of the Project and Work shall be free of defects in workmanship for a period of one (1) year after the recordation of the Notice of Substantial Completion, or, if no such notice is required to be filed, on the date that final payment is made hereunder; d. Any manufacturer's warranty obtained by Contractor shall be obtained or shall be deemed obtained by Contractor for and in behalf of City. e. Any information submitted by Contractor prior to the award of Contract, or thereafter, upon request, whether or not submitted under a continuing obligation by the terms ofthe Contract to do so, is true and correct at the time such information is submitted or made available to the City; f. Contractor has not colluded, conspired, or agreed, directly or indirectly, with any person in regard to the· terms and conditions of Contractor's Bid, except as may be permitted by the Invitation For Bid; g. Contractor has the power and authority to enter into this Contract with City, that the individual executing this Contract is duly authorized to do so by appropriate resolution, and that this Contract shall be executed, delivered and performed pursuant to the power and authority conferred upon the person or persons authorized to bind Contractor; h. Contractor has not made an attempt to exert undue influence with the Purchasing Manager or Project Manager or any other person who has directly contributed to City's decision to award the contract to Contractor; I. There are no unresolved claims or disputes between Contractor and City which would materially affect Contractor's ability to perform under the Contract; j. Contractor has furnished and will furnish true and accurate statements, records, reports, resolutions, certifications, and other written information as may be requested of Contractor by City from time to time during the term of this Contract; k. Contractor and any person performing labor and services under this Project are duly licensed by the State of California as required by California Business & Professions Code Section 7028, as amended; and r. Contractor has fully examined and inspected the Project site and has full knowledge of the physical conditions of the PrOject site. 13. Assignment. This Contract and the performance required hereunder is personal to Contractor, and it shall not be assigned by Contractor. Any attempted assignment shall be null and void. 14. Claims of Contractor. All claims pertaining to extra work, additional charges, or delays within the Contract Time or other disputes arising out of the Contract shall be submitted by Contractor to City in writing by certified or registered mail within ten (10) Days after the claim arose or within such other time as may be permitted or required by law, and shall be described in suffiCient detail to give adequate notice of the SUbstance of the claim to City. CITY OF PALO ALTO C10131112 rev. 12100 PAGE 3 OF7 15. Audits by City. During the term of this Contract and for a period of not less than three (3) years after the expiration or earlier term ination ofthis Contract, City shall have the right to audit Contractor's Project-related and Work-related writings and business records, as such terms are defined in California Evidence Code Sections 250 and 1271, as amended, during the regular business hours of Contractor, or, if Contractor has no such hours, during the regular business hours of City. 16. Notices. All agreements, appointments, approvals, authorizations, claims, demands, Change Orders, consents, designations, notices, offers, requests and statements given by either party to the other shall be in writing and shall be sufficiently given and served upon the other party if (1) personally served, (2) sent by the United States mail, postage prepaid, (3) sent by private express delivery service, or (4) in the case of a facsimile transmission, if sent to the telephone FAX number set forth below during regular business hours of the receiving party and followed within two (2) Days by delivery of a hard copy of the material sent by facsimile transmission, in accordance with (1), (2) or (3) above. Personal service shall include, without limitation, service by delivery and service by facsimile transmission. To City: Copy to: To Contractor: City of Palo Alto City Clerk 250 Hamilton Avenue P.O. Box 10250 Palo Alto, CA 94303 City of Palo Alto Dept -Utility Division -Engineering Address -1007 Elwell Court Palo Alto, CA 94303 Jim Thompson, Project Manager Casey Construction. Inc. 620 Handley Trail Emerald Hills. CA 94062 Attn: Mel Casey 17. Appropriation of City Funds. This Contract is subject to the fiscal provisions of Article III, Section 12 of the Charter ofthe City of Palo Alto. Any charges hereunder for labor, services, materials and equipment may accrue only after such expenditures have been approved in advance in writing in accordance with applicable Laws. This Contract shall terminate without penalty (I) at the end of any fiscal year in the event that funds are not appropriated for the following fiscal year, or (ii) at any time within a fiscal year in the event that funds are only appropriated for a portion of the fiscal year and funds for this Contract are no longer available. This Section 17 shall control in the event of a conflict with any other provision of this Contract. 18. Miscellaneous. a. Bailee Disclaimer. The parties understand and agree that City does not purport to be Contractor's bailee, and City is, therefore, not responsible for any damage to the personal property of Contractor. b. Consent. Whenever in this Contract the approval or consent of a party is required, such approval or consent shall be in writing and shall be executed by a person having the express authority to grant such approval or consent. c. ContrOlling Law. The parties agree that this Contract shall be governed and construed by and in accordance with the Laws of the State of California. d. Definitions. The definitions and terms set forth in Section 1 of the City of Palo Alto Dept. of Public Works Standard Drawings and Specifications (1992) of this Contract are incorporated herein by CITY OF PALO ALTO C10131112 rev. 12100 PAGE 4 OF7 reference. e. Force Majeure. Neither party shall be deemed to be in default on account of any delay or failure to perform its obligations under this Contract which directly results from an Act of God or an act of a superior governmental authority. f. Headings. The paragraph headings are not a part of this Contract and shall have no effect upon the construction or interpretation of any part of this Contract. g. Incorporation of Documents. All documents constituting the Contract documents described in Section 3 hereof and all documents which may, from time to time, be referred to in any duly executed amendment hereto are by such reference incorporated in this Contract and shall be deemed to be part of this Contract. h. Integration. This Contract and any amendments hereto between the parties constitute the entire agreement between the parties concerning the Project and Work, and there are no other prior oral or written agreements between the parties that are not incorporated in this Contract. I. Modification of Agreement. This Contract shall not be modified or be binding upon the parties, unless such modification is agreed to in writing and signed by the parties. j. Provision. Any agreement, covenant, condition, clause, qualification, restriction, reservation, term or other stipulation in the Contract shall define or otherwise control, establish, or limit the performance required or permitted or to be required of or permitted by either party. All provisions, whether covenants or conditions, shall be deemed to be both covenants and conditions. k. Resolution. Contractor shall submit with its Bid a copy of any corporate or partnership resolution or other writing, which authorizes any director, officer or other employee or partner to act for or in behalf of Contractor or which authorizes Contractor to enter into this Contract. I. Severability. If a court of competent jurisdiction finds or rules that any provision of this Contract is void or unenforceable, the provisions of this Contract not so affected shall remain in full force and effect. m. Status of Contractor. In the exercise of rights and obligations under this Contract, Contractor acts as an independent contractor and not as an agent or employee of City. Contractor shall not be entitled to any rights and benefits accorded or accruing to the City Council members, officers or employees of City, and Contractor expressly waives any and all claims to such rights and benefits. n. Successors and Assigns. The provisions of this Contract shall inure to the benefit of, and shall apply to and bind, the successors and assigns of the parties. o. Time of the Essence. Time is of the essence of this Contract and each of its provisions. In the calculation of time hereunder, the time in which an act is to be performed shall be computed by excluding the first Day and including the last. If the time in which an act is to be performed falls on a Saturday, Sunday, or any Day observed as a legal holiday by City, the time for performance shall be extended to the following Business Day. p. Alternative Dispute Resolution. The parties shall endeavor to resolve any disputes or claims arising out of or relating to this Contract by mediation, which, unless the parties agree otherwise, shall be conducted under the auspices of the Judicial Arbitration and Mediation Service (JAMS), San Jose, California. The intent of the parties is that the mediation shall proceed in advance of litigation; however, if any party should commence litigation before the conclusion of mediation, such litigation, including discovery, shall be stayed pending completion of mediation, and by executing this Contract the parties stipulate to mediation in accordance with Santa Clara County Superior Court Local Rule 1.15 or Rule 2- 3(b) of the ADR Local Rules of the U. S. District Court for the Northern District of California, as such rules may be amended from time to time. The parties shall share the cost of the mediation, including the mediator's fee, equally. Any written agreement reached in mediation shall be enforceable pursuant to California Code of Civil Procedure § 664.6, as amended. CITY OF PALO ALTO C10131112 rev. 12100 PAGES OF7 q. Venue. Unless the parties mutually agree otherwise, mediation shall take place in San Jose, California. In the event that litigation is commenced by any party hereunder, the parties agree that such action shall be vested exclusively in the state courts of California in the County of Santa Clara or in the United States District Court for the Northern District of California. r. Recovery of Costs. Each Party shall bear its own costs, including attorney's fees, through the completion of mediation. If the claim or dispute is not resolved through mediation, or if litigation is necessary to enforce a settlement reached at mediation pursuant to California Code of Civil Procedure § 664.6, as amended, then the prevailing party in any subsequent litigation may recover its reasonable costs, including attorney's fees, incurred subsequent to conclusion of the mediation. s. Flow-down. Contractor agrees to include provisions of this Contract relating to Altemative Dispute Resolution, Venue. and Recovery of Costs in any subcontracts or major material purchase agreements which it enters into in connection with this Contract, and to require its subcontractors to include those provisions in any sub-contracts or major material purchase agreements, such that any mediation or litigation of any claim or dispute asserted by a subcontractor or major material supplier will be consolidated with any related claim or dispute between the Contractor and the City. Should the Contractor fail to do so, such that the City is required to defend an action brought by a subcontractor or material supplier inconsistent with the Alternative Dispute and Venue provisions of this Contract, Contractor shall indemnify City for City's costs of defense, including reasonable attorney's fees. IN WITNESS WHEREOF, the parties have by their duly appointed representatives executed this Contract in the city of Palo Alto, County of Santa Clara, State of California on the date first stated above. CITY OF PALO ALTO APPROVED City Manager APPROVED AS TO FORM: Senior Asst. City Attorney CITY OF PALO ALTO C10131112 rev. 12100 CASEY CONSTRUCTION, INC. 8y: ________________ _ Name: __________________ _ PAGE 6 OF7 CERTIFICATE OF ACKNOWLEDGMENT (Civil Code 3 1189) STATE OF ___________ , COUNTY OF _________ -1 On _______________ , before me, _______________ ,a notary public in and for said County, personallyappeared, ________________ , personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. Signature _________________ _ CITY OF PALO ALTO C10131112 rev. 12100 (Seal) PAGE 7 OF7 BID SUMMARY -------l Invitation For Bids 131112 Title 2009-10 Utility Trench and Substructure Installation ,----~~~~~ 6/16/2009 Li~!~fBidders (Company Name) Base Bid Total First Renewal Second Renewal -------- Cast;y Construction $652,066.00 $684,669.30 $718,902.77 Irish Construction $1,098,449.49 $1,153,371.96 $1,211,040.56 Lewis & Tibbits $1,082,704.44 $1,190,974.88 ~L299,~45 .33 West Valley $1,226,722.00 $1,263,523.66 $1,301,429.37 Underground Construction $1,239,462.00 $1,301,435.10 $1,363,408.20 Attachment B CITY OF PALO ALTO ------- -----------~~~ ~ ~ ~ ~ ~~~-~~~~ ---------- Total ~~-,-Q55,638.07 $3,462,862.02 $3,572,924.65 ~~~~~ c-~~~ -------~3,791,675.03 $3,904,305.30 ------- ~-~~ :x:- --I --I :x:- C'"':) ::c :s:: rn :=ii2!: --I t::C ATT ACHMENT C CERTIFICATION OF NONDISCRIMINATION FORM 410 PROJECT: 2009·2010 UTILITY TRENCH AND SUBSTRUCTURE INSTALI.ATION Certification of Nondiscrimination: As suppliers of goods andJor services to the City of Palo Alto in ~xcess of $5,000, the firm, contractor or Indlvldual(s) lis led below certify that: they do not and in the performance of . "; ,;'ttlis contract they will not discriminate In employment of any person because of race, skin color, gender, age, religion. disability, national or1g1n.,ancestry, sexual orientation, housing status. marital status, familial status. weight or height of such person; and further certify that they are In compliance with all Federal. State and local directives and executive orders regarding nondiscrimination In. employment. .. ~. Firm: C'a~eRl C' OM~~\on~\X\C..... , . Tille of Officer Signing: .~ r ~ignature: '~ ~ ~ . , "., " .. f" • CITY OF PALO ALTO IFB 131112 . DATE: ::S:u.<:'e 9.. accf\ \ PAGE 1 OF 1 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: UTILITIES DATE: AUGUST 3, 2009 CMR: 343:09 REPORT TYPE: CONSENT SUBJECT: Finance Committee Recommendation to Adopt a Resolution Approving the Ameresco Johnson Canyon Landfill Gas Renewable Energy Power Purchase Agreement for the Acquisition of Up to Two Average Megawatts of Energy Over Twenty Years at an Estimated Cost Not to Exceed $30 Million RECOMMENDA TION Staff and the Finance Committee recommend that Council adopt a resolution approving the Power Purchase Agreement (PPA) with Ameresco Johnson Canyon LLC, a Delaware limited liability company. Additionally, for this agreement, staff and the Finance Committee recommend the Council waive the application of the investment-grade credit rating requirement of Section 2.30.340(d) of the Palo Alto Municipal Code to this transaction. BACKGROUND One of the Council-adopted Long-term Electric Acquisition Plan (LEAP) Guidelines is to meet 33 percent of the City's electrical load with renewable resources by 2015, while ensuring the retail rate impact does not exceed 0.5 cents per kilowatt-hour (¢/kWh) on average, or approximately 5 percent of the average retail rate premium (CMR: 158:07). By 2010, the City expects to meet 20 percent of the City's annual electrical usage with renewable resources with minimal impact on retail rates, thus needing approximately 13 percent of annual usage to meet the 33 percent renewable portfolio goal by 2015. The City issued a Request for Proposals (RFP) in March 2009 for renewable electric power supplies. The proposal from Ameresco Johnson Canyon LLC is deemed to be one of the best and, since the City already has several current PPAs with Ameresco, the contract details were completed relatively quickly. DISCUSSION Ameresco owns and operates several landfill gas-fired plants in the greater Bay Area and Palo Alto currently has PPAs with four other Ameresco landfill gas-fired power projects. This project is to be built at Johnson Canyon Landfill in Gonzales, California. Under the PPA, the City would receive and pay for the entire net output from the 1.4 Megawatt (MW) first unit. The expected output is equal to about 11,200 Megawatt-hours (MWh) per year, CMR: 343:09 Page 1 of 4 an amount roughly equal to 1.1% of the City's total electric load. The City would pay for actual output delivered for a starting price of 10.9 cents per kilowatt-hour (kWh) escalating at 1.5% per year for a term of 20 years. The price is approximately equal to the Market Price Referent (MPR) that is used by the California Public Utilities Commission (CPUC) when evaluating bids submitted by the state's investor-owned utilities, such as the Pacific Gas and Electric Company. After the initial project is built and operational in 2010, Ameresco expects to expand it approximately every four years as increased amounts of landfill gas are produced by the growing landfill. The PPA allows Ameresco to sell to Palo Alto the output from any future expansions at the project at a 15% discount to the then current MPR for alternative generation. Thus, Palo Alto is committed to buy from Ameresco the output from any future expansions at the project only if Ameresco offers them at a rate of 85% of the then current MPR for alternative generation, up to a maximum price of $150 per MWh. The expansions could result in Palo Alto receiving up to 7 MW of the expansions (5 additional 1.4 MW expansions over the 20 year term of the PPA). This would equate to approximately an additional 5.5% of the City's current total electric load. A new PPA would be developed for each of the expansions and each one would require Council approval. If Ameresco cannot, or chooses not to, sell the output from the expansions for 85% of the MPR, Palo Alto is neither committed to take, nor to pay for, the output from the expansions. However, Palo Alto has the right of first refusal on a price for which Ameresco is willing to sell the output of the expansions. The City has previously executed four contracts with Ameresco, and the completion of this PP A would increase Ameresco's total share of renewable energy deliveries to 91.6 gigawatt hours per year, about 9% of the City's electric needs. Ameresco's share of the City's renewable energy purchases is a relatively high percentage of the City's committed eligible renewable energy contract volumes to date, but the risks to the City are mitigated by a number of factors including the City's step-in rights to operate the plants in the event of default, the absence of a cross- default provision, which isolates each contract from default of one of the other contracts, and Ameresco's positive record of performance with the City. Ameresco is a relatively small company that does not have a credit rating by Moody's Investor Services or Standard and Poor's. Ameresco is a rapidly growing company and, as such, does face some of the stresses inherent in rapid growth. These stresses have led to an increase in the estimated default frequency (EDF) from 0.4% to 1.1% based on staff analysis of the 2007 and 2008 audited financial reports. Despite this increase in risk, Ameresco does demonstrate continued financial strength in several areas given its size and growth, and when compared with many other renewable energy companies. Since energy deliveries will be tied to a specific generator at a specific location, in contrast to market contracts whose deliveries are often backed by the financial strength or collateral of companies rather than a physical asset, staff recommends that the Council waive the investment- grade credit requirement for public agency contracts required under Section 2.20.340 (d) of the Palo Alto Municipal Code. This conforms to Council action on prior renewable resource contracts with similar characteristics (CMR: 461:04). This waiver is intended to benefit only small but sound companies that do not have credit ratings. The agreement between Palo Alto and Ameresco (Attachment C) was reviewed by Utilities staff, the City Attorney's office, and the CMR: 343:09 Page 2 of 4 Energy Risk Manager to determine that the combination of value, price, terms, creditworthiness of provider, and credit assurances warrant Palo Alto's participation. COMMITTEE REVIEW AND RECOMMENDATIONS The Finance Committee considered the contract on July 21,2009 (Attachment B: CMR: 305:09). The committee discussed the current high prices for renewable power compared to renewable power contracts entered into in 2005 and 2006. They stated that these high prices should prompt a review of the policies and guidelines related to the acquisition of renewable power and the emphasis on efficiency improvements that could reduce electricity use. Staff advised that such a review was already underway and that the Utilities Advisory Commission would first review and make recommendations to Council for any changes to policies, guidelines, or resource or efficiency plans. A report requesting Council direct staff to conduct this review is also under consideration by the Council on August 3,2009 (CMR: 342:09). The Finance Committee voted unanimously (3-0) to recommend that the City Council adopt a resolution approving the Power Purchase Agreement (PPA) with Ameresco Johnson· Canyon LLC, a Delaware limited liability company. Additionally, for this agreement, staff recommends the Council waive the application of the investment-grade credit rating requirement of Section 2.30.340(d) of the Palo Alto Municipal Code to this transaction. The notes from the Finance Committee meeting are provided as Attachment D. RESOURCE IMPACT The cost of renewable supplies under the agreement is expected to be about $90 million over 20 years if all expansions are completed. The annual expected cost is $1.2 million in the first year with the cost escalating 1.5% per year over the 20-year term of the PPA. The initial plant and PPA is expected to have a total 20-year cost of about $28 million. The additional $62 million in total future costs assumes that expansions are built about every 4 years and that the MPR escalates at about 1.5% per year. However, each of these expansions would require separate PPAs to be approved by Council prior to execution. Staff does not expect this PPA to push the portfolio beyond the 0.5¢/kWh limit RPS guideline adopted by Council. The PPA costs about $500,000 per year more than the cost of non- renewable power, adding about 0.05¢/kWh, or about 10% of the allowed guideline limit adopted by Council. POLICY IMPLICATIONS Adoption of this resolution allows the City to participate in the agreement to purchase renewable energy and thereby is consistent with one of Council's top three priorities of Environmental Protection. ENVIRONMENTAL REVIEW Execution of the agreement does not meet the definition of a project, pursuant to section 21065 of the California Environmental Quality Act (CEQA). However, the City intends to receive output from projects that will constitute a project for the purposes of CEQA. Project developers will be responsible for acquiring necessary environmental reviews and permits on projects to be developed. CMR: 343:09 Page 3 of 4 ATTACHMENTS A. Resolution approving Renewable Energy Power Purchase Agreement between Palo Alto and Ameresco B. CMR: 305:09 Adoption of a Resolution Approving the Ameresco Johnson Canyon Landfill Gas Renewable Energy Power Purchase Agreement for the Acquisition of Up to Two Average Megawatts of Energy Over Twenty Years at an Estimated Cost Not to Exceed $30 Million (without attachments) C. Renewable Energy Power Purchase Agreement between Palo Alto and Ameresco D. Draft excerpted notes from the July 21,2009 Finance Committee meeting PREPARED BY: ~OMKABAT W Senior Resource Originator olrANE RA TCHYE \J Assistant Director, Resource Management VALE~NG REVIEWED BY: DEPARTMENT APPROVAL: CITY MANAGER APPROVAL: JAMES KEENE City Manager CMR: 343:09 Page 4 of 4 Not Yet Approved All ACHMENl A Resolution ----- Resolution of the Council of the City of Palo Alto Approving the Long Term Power Purchase Agreement (Landfill Gas Power) with Ameresco Johnson Canyon L.L.C. for the Purchase of Electricity Generated by Landfill Gas Electric Generating Facilities WHEREAS, the City of Palo Alto("City"), a municipal utility and a chartered city is a member of the Northern California Power Agency ("NCP A"); WHEREAS, on March 5, 2007, the City approved eight electric portfolio planning and management guidelines to guide the development and management of the City's long-term electricity acquisition plan; one of the guidelines is to pursue and target levels of new renewable resource energy purchases equal to thirty percent and thirty three percent of the City's expected energy load by 2012 and 2015, respectively; WHEREAS, the City is interested in purchasing power generated by renewable resources for the benefit of its electric customers; WHEREAS, by purchasing these sources of renewable energy, the City will help reduce the production of greenhouse gases and assist in reducing volatile organic compound emissions; WHEREAS, Ameresco Johnson Canyon L.L.C. proposed its project in response to the City's Request for Proposals 130699 in March 2009 and it was competitive with other RFP respondents; WHEREAS, executing a power purchase agreement with Ameresco Johnson Canyon L.L.C. will not eliminate the City's need for renewable energy from other RFP respondents; WHEREAS, the City is allocated a 100 percent share of the power from the initial project, amounting to 1.4 megawatts plant net output; WHEREAS, the power purchase agreement allows Ameresco Johnson Canyon L.L.C. to sell the City additional output, if developed, at 85% of the applicable Market Price Referent; WHEREAS, Monterey County will be the lead agency for the purposes of California Environmental Quality Act ("CEQA"); NOW, THEREFORE, the Council of the City of Palo Alto hereby RESOLVE as follows: The Council hereby approves the City'S execution of the Long Term Power Purchase Agreement (Landfill Gas Power) made between Ameresco 090630 jb 0073186 1 Not Yet Approved Johnson Canyon L.L.C., as Seller and the City of Palo alto, as Purchaser. The Term of the contract is 20 years, commencing on the Commercial Operation Date of the proposed generation facility. Quantity is a 100 percent share of the 1.4 average megawatt plant net output. Spending authority under the contract is up to thirty million dollars ($30,000,000). The City Manager or his designee is hereby authorized to sign the contract with Ameresco Johnson Canyon L.L.C. on behalf of the City. SECTION 2. With respect to the Council's award of the Long Term Power Purchase Agreement referred to in Section 1 above, the Council hereby waives the choice of venue and credit rating terms and conditions requirements of Palo Alto Municipal Code section 2.30.340(c). The Council finds that the adoption of this resolution does not constitute a project under the California Environmental Quality Act and no environmental assessment is required. INTRODUCED AND PASSED: AYES: NOES: ABSENTIONS: ABSENT: ATTEST: City Clerk APPROVED AS TO FORM: Senior Asst. City Attorney 090630 jb 0073186 2 APPROVED: Mayor City Manager Director of Utilities Director of Administrative Services ATTACHMENT B TO: HONORABLE CITY COUNCIL ATTN: FINANCE COMMITTEE FROM: CITY MANAGER DEPARTMENT: UTILITIES DATE: JUL Y 21, 2009 CMR: 305:09 SUBJECT: Adoption of a Resolution Approving the Ameresco Johnson Canyon Landfill Gas Renewable Energy Power Purchase Agreement for the Acquisition of Up to Two Average Megawatts of Energy Over Twenty Years at an Estimated Cost Not to Exceed $30 Million RECOMMENDATION Staff recommends that the Finance Committee recommend that Council adopt a resolution approving the Power Purchase Agreement (PPA) with Ameresco Johnson Canyon LLC, a Delaware limited liability company. Additionally, for this agreement, staff recommends the Council waive the application of the investment-grade credit rating requirement of Section 2.30.340(d) ofthe Palo Alto Municipal Code to this transaction. BACKGROUND In 2002, the Council adopted a renewable resource portfolio standard with the objective of meeting 20 percent of the City'S electrical load with renewable resources by 2015, while ensuring the retail rate impact does not exceed 0.5 cents per kilowatt-hour (¢/kWh) on average, or approximately 5 percent of the average retail rate premium (CMR:398:02). In March 2007, the Council advanced and increased the Renewable Portfolio Standard (RPS) with a target to meet 20 percent of City loads with renewable resources by 2008 and 33 percent by 2015. The new target was to be achieved while maintaining the retail rate impact measure of 0.5¢/kWh (CMR:158:07). It should be noted that California's RPS measure excludes large hydroelectric resources that account for approximately 50 percent of the City's electric supply in an average hydro year. If the City was able to include its hydroelectric resources in the RPS calculation, approximately 68% of the load would currently be met with renewable resources. The City expects to meet the 20 percent RPS goal by 2010 (about two years later than targeted) with minimal impact on retail rates. The City is still seeking new renewable energy equal to approximately 13% of annual usage to meet the 33 percent renewable portfolio goal by 2015. The City issued a Request for Proposals (RFP) in March 2009 for renewable electric power supplies. Sixteen project proposals were received by the RFP closing date of April 28, 2009. CMR: 305:09 Page 1 of4 Staff is still evaluating some of the proposals and negotiating with some of the proposers. The proposal from Ameresco Johnson Canyon LLC is deemed to be one of the best and, since the City already has several current PPAs with Ameresco, the contract details were able to be completed relatively quickly. DISCUSSION Ameresco owns and operates several landfill gas-fired plants in the greater Bay Area and is executing a landfill gas fuel agreement with the Johnson Canyon Landfill in Gonzales, California. The project was proposed in Palo Alto's 2009 RFP process. Palo Alto currently has PPAs with four other Ameresco landfill gas-fired power projects. As a result of negotiations, Ameresco would like to enter into a new PP A with the City to sell the full output of the first unit at Johnson Canyon to Palo Alto for a price starting at 10.9¢/kWh and escalating at 1.5% per year for a term of 20 years. The price is approximately equal to the Market Price Referent (MPR) that is used by the California Public Utilities Commission (CPUC) when evaluating bids submitted by the state's investor-owned utilities, such as the Pacific Gas and Electric Company. If bid prices are at or below the MPR, then they are accepted as per se reasonable by the CPUC. Therefore, the MPR acts as a market price benchmark for renewable power supplies. The plant would be built by Ameresco and would qualifY as a renewable power project under State-adopted definitions. It would be electrically connected to the transmission system operated by the California Independent System Operator. Under the terms of the PP A, Palo Alto would pay predetermined rates over the term of the agreement for any energy delivered. If delivered volumes should decline, Palo Alto's payments to Ameresco would be reduced proportionately, freeing up money to purchase replacement renewable energy from other sources. Palo Alto would receive and pay for the entire net output from the 1.4 Megawatt (MW) plant. The expected plant output is equal to about 1.28 average MWs, or 11,200 Megawatt-hours (MWh) per year, an amount roughly equal to 1.1 % of the City's total electric load. The project has a relatively high initial cost to develop the site and the interconnections needed to operate the first engine. After the initial project is built and operational in 2010, Ameresco expects to be able to expand it approximately every four years as increased amounts of landfill gas are produced by the growing landfilL The expansions are envisioned as an additional 1.4 MW engine and generator set each time there is sufficient gas to support its operation. The PP A allows Ameresco to sell to Palo Alto the output from any future expansions at the project at a 15% discount to the then current MPR for alternative generation. This arrangement means that Palo Alto is committed to buy from Ameresco the output from any future expansions at the project at a rate of 85% of the then current MPR for alternative generation, up to a maximum price of $150 per MWh. A risk of this arrangement is that the future MPR is not known and could be very high relative to the then current market prices for renewable power. Staff does not believe the risk is high and anticipates a continued seller's market for renewable electricity. In addition, the risk is mitigated in the PPA by the maximum price of $150 per MWh. This discount recognizes Palo Alto's assistance in bringing the initial project to fruition. Just like the initial plant, if the expansions do not deliver power to Palo Alto, the City will not have to pay for their output. The expansions could result in Palo Alto receiving up to 7 MW of the expansions (5 additional 1.4 MW expansions over the 20 year term of the PPA). A new PPA would be developed for each of the expansions and each one would require Council approval. CMR: 305:09 Page 2 of4 If Ameresco cannot, or chooses not to, sell the output of the expansions for 85% of the MPR, Palo Alto is not committed to take, nor to pay for, the output from the expansions. However, Palo Alto has the right of first refusal on a price for which Ameresco is willing to sell the output of the expansions. This means that if Ameresco offers the output to another party at a particular price, Palo Alto can choose to take the output at the offered price. The City has previously executed 4 contracts with Ameresco, and the completion of the Johnson Canyon contract would increase Ameresco's share of delivery of renewable energy to 9l.6 gigawatt hours per year, about 9% of the City's electric needs or about 37% of the City's RPS committed contract volume to date. Ameresco' s share of renewable generation purchases by the City is relatively high, but the risks to the City are mitigated by a number of factors including the City's step-in rights to operate the plant in the event of default, the absence of a cross-default provision, which isolates each contract from default of one of the other contracts, and Ameresco's record of performance with the City. Ameresco is a relatively small company that does not have a credit rating by Moody's Investor Services or Standard and Poor's. Ameresco is a rapidly growing company and as such does face some of the stresses inherent in rapid growth. These stresses have led to an increase in the estimated default frequency (EDF) from 0.4% to l.1 % based on staff analysis of the 2007 and 2008 audited financial reports. Despite this increase in risk, Ameresco does demonstrate continued financial strength in several areas given its size and growth, and when compared with many other renewable energy companies. Since energy deliveries will be tied to a specific generator at a specific location, in contrast to market contracts whose deliveries are often backed by the financial strength or collateral of companies rather than a physical asset, staff recommends that the Council waive the investment- grade credit requirement for public agency contracts required under Section 2.20.340 (d) of the Palo Alto Municipal Code. This conforms to Council action on prior renewable resource contracts with similar characteristics (CMR: 461 :04). This waiver is intended to benefit only small but sound companies that do not have credit ratings. Palo Alto has had a positive experience to date with Ameresco in regards to its four existing landfill gas-to-energy agreements that provide a total of 9 MW. The agreement between Palo Alto and Ameresco (Attachment B) was reviewed by Utilities staff, the City Attorney's office, and the Energy Risk Manager to determine that the combination of value, price, terms, creditworthiness of provider, and credit assurances warrant Palo Alto's participation . . RESOURCE IMPACT The cost of renewable supplies under the agreement is expected to be about $90 million over 20 years if the expansions are all completed. The annual expected cost is $1.2 million in the first year with the cost escalating 1.5% per year over the 20-year term of the PPA. The initial plant and PPA is expected to have a total 20-year cost of about $28 million. The additional $62 million in total future costs assumes that expansions are built about every 4 years and that the MPR escalates at about 1.5% per year. However, each of these expansions would require separate PP As to be approved by Council prior to execution. Staff does not expect this PPA to push the portfolio beyond the 0.5¢/kWh limit RPS guideline adopted by Council. The PPA costs about $500,000 per year more than the cost of non- renewable power, adding about 0.05¢/kWh, or about 10% of the allowed guideline limit adopted by Council. CMR: 305:09 Page 3 of4 POLICY IMPLICATIONS Adoption of this resolution allows the City to participate in the agreement to purchase renewable energy and thereby is consistent with the Council's Top Four Priority of Environmental Protection. Participating in the agreement is also consistent with the following City policies and guidelines: 1. The Council-approved Climate Protection Plan, adopted December 3, 2007, containing Utilities Goal 2: Reduce carbon intensity of energy supply provided by Utilities; 2. The Council-approved Utilities Strategic Plan with regard to employing balanced environmental solutions; 3. The energy risk management policies; 4. The rate impact limits and the renewable portfolio targets ill Long-term Electric Acquisition Plan Guideline (LEAP) #6; 5. The portfolio diversification goals in LEAP Guideline #3; 6. The City's Sustainability Policy Statement, adopted April 2, 2001 (CMR 175:01) and revised June 18, 2007 (CMR 260:07); 7. The Green Government Pledge, adopted July 19, 1999 (CMR 284:99); 8. The US Mayors' Climate Protection Agreement; and 9. The Comprehensive Plan, specifically: a. GOAL N-9: A clean, efficient, competitively-priced energy supply that makes use of cost-effective renewable resources. b. POLICY N-44: Maintain Palo Alto's long-term supply of electricity and natural gas while addressing environmental and economic concerns. c. POLICY N-48: Encourage the appropriate use of alternative energy technologies. ENVIRONMENTAL REVIEW Execution of the agreement does not meet the definition of a project, pursuant to section 21065 of the California Environmental Quality Act (CEQA). However, the City intends to receive output from projects that will constitute a project for the purposes of CEQA. Project developers will be responsible for acquiring necessary environmental reviews and permits on projects to be developed. ATTACHMENTS A: Resolution approving Renewable Energy Power Purchase Agreement between Palo Alto and Ameresco B: Renewable Energy Power Purchase Agreement between Palo Alto and Ameresco PREPARED BY: REVIEWED BY: DEPARTMENT APPROVAL: CITY MANAGER APPROVAL: CMR: 305:09 TOM KABAT Senior Resource Originator JANE RATCHYE Assistant Director, Resource Management VALERIE O. FONG Director of Utilities JAMES KEENE City Manager Page 4 of4 ATTACHMENT C POWER PURCHASE AGREEMENT This Power Purchase Agreement is entered into this __ day of ___ _ 2009 by and between The City of Palo Alto, a California chartered municipal corporation and Arneresco Johnson Canyon LLC, a Delaware limited liability company. RECITALS 1. Seller intends to develop, finance, build, own and operate a Landfill Gas electric generating facility to be located at the Johnson Canyon Landfill (the "Landfill") located at 31400 Johnson Canyon Road, Gonzales, California, on a site leased from SVSWA, which owns the LandfilL 2. Buyer is engaged in the procurement and supply of electricity to residential and commercial customers in the City of Palo Alto. 3. Buyer wishes to purchase a portion of the Output of the Plant and intends to resell related Energy to its residential and commercial customers. 4. Buyer is willing to purchase, and Seller is willing to sell, a portion of the Output of the Plant, on the terms and conditions and at the prices set forth in this Agreement. 5. Seller may determine to expand the Plant in the future depending on the availability of Landfill Gas and other factors in accordance with the terms of this Agreement. 6. Buyer will have a right of first refusal to purchase Expansion Plant Output, such right to be exercisable as provided in this Agreement. 7. In addition, Seller will have a right to sell, and Buyer must, if Seller exercises such right, purchase, the Expansion Plant Output, such right to be exercisable as provided in this Agreement. NOW THEREFORE, in consideration of these premises and the mutual promises set forth below, Seller and Buyer agree as follows. SANFRAN 90103 (2K) AGREEMENT ARTICLE I -DEFINITIONS Initially capitalized terms, whenever used in this Agreement, have the meanings set forth below unless otherwise herein defined. The term "including," when used in this Agreement, shall mean to include "without limitation." 1.1 Agreement: This Power Purchase Agreement, including all appendices, as it may be amended from time to time. 1.2 Availability Threshold: The mechanical availability of the Plant calculated as of the end of each calendar month during the Term as a percentage in accordance with the following: A 100 x Available Hours Base Hours Where: A Availability Threshold Available Hours = the number of hours during the twenty-four (24) prior months in which the Plant is capable of delivering Energy to the Point of Interconnection; provided that, to the extent that the Plant is not capable of delivering all of the net Initial Capacity in any hour, the Available Hours with respect to such hour shall be reduced pro rata to reflect the fraction of the net Initial Capacity the Plant is capable of delivering in such hour. Base Hours = the number of hours during the twenty-four (24) prior months; provided that, to the extent that the Plant is partially or wholly incapable or otherwise unable to deliver Energy in any hour as a result of a Force Majeure Event or because of fuel unavailability in any hour due to no fault or negligence of Seller, that hour (or if the Plant's capacity is only partially constrained, the pro rata portion of that hour) shall be excluded from the Base Hours. There shall be no Availability Threshold during the first twelve (12) months following the Commercial Operation Date. Starting with the thirteenth (13th) month after the Commercial Operation Date and continuing through the twenty-fourth (24th) month, the above formula will be used to determine the 2 SANFRAN 90103 (2K) Availability Threshold with the exception that both Available Hours and Base Hours will be calculated starting with the first hour of operation on the Commercial Operation Date and including all relevant hours thereafter to the end of the month relevant. Starting with the twenty-fifth (25th) month, the Availability Threshold shall be calculated on a rolling basis using the previous twenty-four (24) months. 1.3 Buyer: The City of Palo Alto, a California chartered municipal corporation, and any successor or permitted assignee. 1.4 Commercial Operation: The condition of the Plant whereupon it (a) is certified by Seller to be complete in accordance with manufacturers' recommendations except for punch list items, and (b) has passed the performance test set forth in Appendix E while synchronized with the LDC System or ISO transmission grid. 1.5 Commercial Operation Date: The date upon which Commercial Operation first occurs. 1.6 Contractual Obligations: As to Seller, any material agreement, instrument or undertaking to which Seller is a party or by which it or any of its property is bound. 1. 7 EA Agency: Any local, state or federal entity, or any other Person, that has responsibility for or jurisdiction over a program involving transferability of Environmental Attributes, including the Clean Air Markets Division of the United States Environmental Protection Agency, the California Resources, Conservation and Development Commission, the California Public Utilities Commission, and any successor agency thereto. 1.8 Emergency: Any condition or situation which (i) endangers life or property or (ii) affects Buyer's physical ability to maintain safe, adequate, and continuous electric power and energy to Buyer's customers. 1.9 Energy: The electricity generated by the Plant and delivered to Buyer by the Seller, pursuant to this Agreement, respectively, at the Point of Interconnection, as expressed in units of kilowatt-hours (kWh) or megawatt- hours (MWh), including Test Energy. 3 SANFRAN 90103 (2K) 1.10 Environmental Attributes: Any and all credits, benefits, emISSIOns reductions, offsets, and allowances, howsoever entitled, attributable to the generation from the Plant or Expansion Plant(s), as the case may be, and its displacement of conventional energy generation. Environmental Attributes include but are not limited to: (1) any avoided emissions of pollutants to the air, soil or water such as sulfur oxides (SOx), nitrogen oxides (NOx), carbon monoxide (CO) and other pollutants; (2) any avoided emissions of carbon dioxide (C02), methane (CH4) and other greenhouse gases (GHGs) that have been determined by the United Nations Intergovernmental Panel on Climate Change to contribute to the actual or potential threat of altering the Earth's climate by trapping heat in the atmosphere; and (3) the reporting rights to these avoided emissions such as Green Tag Reporting Rights. Green Tag Reporting Rights are the right of a Green Tag purchaser to report the ownership of accumulated Green Tags in compliance with federal or state law, if applicable, and to a federal or state agency or any other party at the Green Tag purchaser's discretion, and include without limitation those Green Tag Reporting Rights accruing under Section 1605(b) of The Energy Policy Act of 1992 and any present or future federal, state, or local law, regulation or bill, and international or foreign emissions trading program. Green Tags are accumulated on kWh basis and one Green Tag represents the Environmental Attributes associated with one (1) MWh of energy. Environmental Attributes do not include (i) any energy, capacity, reliability or other power attributes from the Plant or Expansion Plant(s), (ii) production tax credits associated with the construction or operation of the Plant, Expansion Plant(s), Landfill, or any other associated contract or right, and other financial incentives in the form of credits, reductions, or allowances associated with the Plant, Expansion Plant(s), Landfill, or any other associated contract or right, that are applicable to a state or federal income taxation obligation. (iii) fuel-related subsidies or "tipping fees" that may be paid to Seller to accept certain fuels, or local subsidies received by the Seller or the owner of the Landfill for the destruction of particular pre-existing pollutants or the promotion of local environmental benefits, or (iv) emission reduction credits encumbered or used by the Plant or Expansion Plante s) for compliance with local, state, or federal operating and/or air quality permits. 1.11 Environmental Attributes Reporting Rights: All rights to report ownership of the Environmental Attributes to any person or entity, under Section 1605(b) of the Energy Policy Act of 1992 or otherwise. 4 SANFRAN90I03 (2K) 1.12 Environmental Law: Any federal, state and local laws including statutes, regulations, rulings, orders, administrative interpretations and other governmental restrictions and requirements relating to the discharge of air pollutants, water pollutants or process waste water or otherwise relating to the environment or hazardous substances, as amended from time to time. 1.13 Expansion Plant: Any expansion of the Plant from its Initial Capacity, or any other electricity generating facility owned or controlled by Seller or its affiliate(s) located at the Landfill and fueled by Landfill Gas. Each such expansion of the Plant or additional facility shall be deemed to be an "Expansion Plant." 1.14 Expansion Plant Output: All capacity, energy, associated Environmental Attributes, ancillary services, contributions towards resource adequacy or reserve requirements (if any) and any other reliability or power attributes produced by Seller at any Expansion Plant. 1.15 FERC: Federal Energy Regulatory Commission and its successor organization, if any. 1.16 Force Majeure Event: Any act or event that delays or prevents a Party from timely performing obligations under this Agreement or from complying with conditions required under this Agreement to the extent that such act or event is reasonably unforeseeable and beyond the reasonable control of and without the fault or negligence of the Party relying thereon as justification for such delay, nonperformance, or noncompliance. Force Majeure Events typically include: (i) acts of God or the elements, extreme or severe weather conditions, explosion, fire, epidemic, landslide, mudslide, sabotage, lightning, earthquake, flood or similar cataclysmic event, acts of public enemy, war, blockade, civil insurrection, riot, civil disturbance or strike or other labor difficulty caused or . suffered by a Party; (ii) any restraint or restriction imposed by law or by rule, regulation or other acts or omissions of governmental authorities, whether federal, state or local which by exercise of due diligence and in compliance with applicable law a Party could not reasonably have been expected to avoid and to the extent which, by exercise of due diligence and in compliance with applicable law, has been unable to overcome (so long as the affected Party has not applied for or assisted such act by a governmental authority); and (iii) electric transmission interruptions or curtailments (not including any such event that results from a failure by Buyer to obtain firm transmission or similar 5 SANFRAN 90103 (2K) rights, or otherwise to make congestion-related payments); provided that the term "Force Majeure Event" does not include (a) economic conditions that render a Party's performance of this Agreement at the Price unprofitable or otherwise uneconomic (including Buyer's ability to buy Energy or Environmental Attributes at a lower price, or Seller's ability to sell Energy or Environmental Attributes at a higher price, than the Price), (b) a governmental act by Buyer that delays or prevents Buyer from timely performing its obligations under this Agreement, (c) a Plant Outage, including as a result of a failure or shortage of landfill gas, except, in any case, if caused by an event or circumstance that meets the requirements set forth in this Section 1.19 (other than as described in (iii) above), (d) failure or delay in grant of Permits, or (e) failures or delays by the LDC or the ISO in entering into all agreements with Seller contemplated by this Agreement. 1.17 Governmental Authority: Any federal or state government, or political subdivision thereof, including, without limitation, any municipality, township or county, or any entity or authority exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, including, without limitation, any corporation or other entity owned or controlled by any of the foregoing. 1.18 Initial Capacity: The installed gross capacity of the Plant on the Commercial Operation Date, such capacity to be not less than 1.0 MW and not more than 2.8 MW (gross nameplate), and not less than 0.8 MW and not more than 2.38 MW (net at the Point of Interconnection) and as further specified pursuant to Section 4.3( c). 1.19 Interconnection: Construction, installation, operation and maintenance of all Interconnection Facilities. 1.20 Interconnection Agreement: The agreement between Seller and LDC pursuant to which Seller and LDC set forth the terms and conditions for Interconnection of the Plant to the LDC System, as amended from time to time. 1.21 Interconnection Facilities: All the facilities installed for the purpose of interconnecting the Plant to the LDC System, including, but not limited to, transformers and associated equipment, relay and switching equipment and safety equipment. 6 SANFRAN 90103 (2K) 1.22 ISO: The California Independent System Operator Corporation, or its functional successor. 1.23 kWh: kilowatt-hour. 1.24 Landfill Gas: The gas (and its constituent elements) generated from decomposition of materials deposited in the Landfill. 1.25 LD Amount: The Monthly LD Amount multiplied by 12 (twelve). 1.26 LDC: Pacific Gas and Electric Company, a California corporation. 1.27 LDC System: The electric power generation, transmission, substation and distribution facilities owned, operated and/or maintained by LDC, which shall include, without limitation, after construction and installation, the circuit reinforcements, extensions, and associated terminal facility reinforcements or additions required to interconnect LDC's facilities with the Plant. 1.28 Lender(s): Any Person(s) providing money or extending credit (including any capital lease) to Seller for (i) the construction of the Plant, (ii) the term or permanent financing of the Plant, or (iii) working capital or other ordinary business requirements for the Plant. "Lender(s)" shall not include trade creditors of Seller. 1.29 LFG Agreement: As defined in Section 4.2( d). 1.30 Monthly LD Amount: The product of (i) $7000 per MW, (ii) Buyer's Percentage Share and (iii) the Initial Capacity specified under Section 4.3( c) (net at the Point of Interconnection). 1.31 MPR: The Market Price Referent established, from time to time, by the California Public Utility Commission ("CPUC"). For purposes of this Agreement, the Market Price Referent for electricity will be based on the prices determined by the CPUC for a Baseload facility represented in dollarslkwh for a duration equal to the remaining term for purchasing the Expansion Plant Output. 1.32 MW: Megawatt. 7 SANFRAN 90103 (2K) 1.33 MWh: Megawatt hour. 1.34 NCPA: As defined in Section 5.1. 1.35 Outage: A physical state in which all or a portion of the Plant is unavailable to provide Energy to the Point of Interconnection, or in which any portion of the LDC System is unavailable to receive Energy, to the extent that the unavailability affects the LDC System's ability to accept delivery of Energy at the Point of Interconnection, whether planned or unplanned. 1.36 Output: All actual capacity of the Initial Capacity and associated Energy, as well as the following, as associated with the Initial Capacity and/or associated Energy: Environmental Attributes; ancillary services; contributions towards resource adequacy or reserve requirements (if any) and any other reliability or power attributes. 1.37 Parties: Buyer and Seller, and their respective successors and permitted assIgnees. 1.38 Party: Buyer or Seller, and each such Party's respective successors and permitted assignees. 1.39 Percentage Share: One Hundred percent (100%). 1.40 Permits: All material federal, state or local authorizations, certificates, permits, licenses and approvals required by any Governmental Authority for the construction, ownership, operation and maintenance of the Plant. 1.41 Person: An individual, partnership, corporation (including a business trust), limited liability company, joint stock company, trust, unincorporated association, joint venture, Governmental Authority or other entity. 1.42 Plant: The generation facilities described in the Recitals to be constructed and owned by Seller and located on the Site for the generation and delivery of electricity, including the step-up transformer, revenue quality meter and all other facilities up to the Point of Interconnection, but not including any Expansion Plant. 8 SANFRAN 90103 (2K) 1.43 Point of Interconnection: The point on the electrical system where the Plant is physically interconnected with the LDC System, which is anticipated to be at the high side of Seller's step-up transformers at the Plant. 1.44 Price: As defined in Section 2.3. 1.45 Production Incentives: Any and all tax credits, deductions, allowances and exemptions applicable to federal, state and local taxes and any other payment, credit, deduction, benefit, grant or monetary incentive provided by any federal, state or local governmental authority or any Person, and all air emission credits, reductions or offsets, whether now in effect or arising in the future, in each case arising from the activities contemplated by this Agreement, including the extraction, sale, purchase, processing and/or distribution of Landfill Gas and! or the generation and sale of electricity using Landfill Gas as a fuel, including "Renewable Energy Production Incentive Payments" from the U.S. Department of Energy, emission credits, reductions, offsets or any other similar benefits arising from the generation, collection, production, purchase, use, reduction, conversion, destruction or resale of Landfill Gas. Notwithstanding the foregoing, ,Production Incentives shall not include anything that qualifies as Output as defined herein (including any Environmental Attributes), and shall include Section 29 Credits and Section 45 Credits. 1.46 Prudent Utility Practice: Those practices, methods and equipment, as changed from time to time, that: (i) when engaged in are commonly used in the United States of America in prudent electrical engineering and operations to operate landfill gas generation electric equipment and related electrical equipment lawfully and with safety, reliability, efficiency and expedition; or (ii) in the exercise of reasonable judgment considering the facts known, when engaged in could have been expected to achieve the desired result consistent with applicable law, safety, reliability, efficiency and expedition. Prudent Utility Practices are not limited to an optimum practice, method, selection of equipment or act, but rather are a range of acceptable practices, methods, selections of equipment or acts. 9 SANFRAN 90 !OJ (2K) 1.47 Requirements of Law: Collectively, any federal or state law, treaty, franchise, rule, regulation, order, writ, judgment, injunction, decree, award or determination of any arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon Seller or Buyer or any of their property or to which Seller or Buyer or any of their respective properties are subject. 1.48 Section 29 Credits: Those tax credits available under Section 29 of Subtitle A, Chap. lA, Part IV of the Internal Revenue Code of 1986, as amended as of the date of this Agreement. 1.49 Section 45 Credits: Those tax credits available under Section 45 of Subtitle A, Chap. lA, Part IV of the Internal Revenue Code of 1986, as amended, or any other similar state, federal or local tax credits, deductions, payments or benefits arising from the purchase of Landfill Gas or the generation and sale of electricity using Landfill Gas as a fuel, not including any Environmental Attributes. 1.50 Seller: Ameresco Johnson Canyon LLC, a Delaware limited liability company, and any successor or permitted assignee. 1.51 Site: The real property in Gonzales, California on which the Plant is to be built and located, as more particularly described in Appendix A. 1.52 Site Control: The point at which Seller satisfies one or more of the following conditions: (1) Seller is (a) the lessee under a lease, or (b) the grantee under an exclusive easement, with the owner (or its subsidiary) of the Landfill that allows Seller to construct and operate the Plant at the Site during the Term in accordance with this Agreement; (2) Seller has a fee ownership of the Site; or (3) any other form of site control acceptable to Buyer in its reasonable discretion. 1.53 SVSW A: Salinas Valley Solid Waste Authority, a joint powers authority under the laws of the State of Cali fomi a with principal offices at 128 Sun Street, #101, Salinas, California 93901. 1.54 Term: The period of time during which the Agreement is in effect. 10 SANFRAN 90!O3 (2K) 1.55 Test Energy: Energy generated by the Plant and delivered to the Point of Interconnection prior to the Commercial Operation Date. 1.56 WREGIS: Western Renewable Energy Generation Information System, or its successor; provided that said successor is capable of performing substantially similar functions and is acceptable to both Parties. 1.57 WREGIS Certificates: The meaning set forth in WREGIS Operating Rules. 1.58 WREGIS Operating Rules: The rules describing the operations of the Western Renewable Energy Generation Information System, as published by WREGIS and as may be amended from time to time. ARTICLE II TERM, PURCHASE AND SALE 2.1 Term This Agreement shall be effective upon execution by authorized representatives of both Parties and, unless earlier terminated pursuant to an express provision of this Agreement, shall continue until the twentieth (20th) anniversary of the Commercial Operation Date. 2.2 Purchase and Sale of the Output (a) In accordance with the terms and conditions hereof, commencing on the Commercial Operation Date and continuing throughout the Term, Seller shall sell and deliver at the Point of Interconnection, and Buyer shall purchase, accept from Seller at the Point of Interconnection and pay for, its Percentage Share of the Output produced during the Term pursuant to the terms of this Agreement. Prior to the Commercial Operation Date, Buyer shall purchase and accept from Seller at the Point of Interconnection and pay for, the Percentage Share of Output relating to Test Energy pursuant to the terms of this Agreement. All Test Energy shall be scheduled in accordance with the procedures set forth in Appendix D. Seller shall not sell to any other party, 11 SAJ'lFRAN 90103 (2K) and Buyer may claim credit for, Buyer's Percentage Share of the Output as may be available from time to time. (b) Throughout the Term, Seller shall sell and transfer to Buyer, and Buyer shall purchase and receive from Seller, all right, title and interest in and to the Environmental Attributes associated with Buyer's Percentage Share of the Output, if any, whether now existing or subsequently generated or acquired (other than by direct purchase from a third party) by Seller, or that hereafter come into existence, during the Term, as a component of the Output purchased by Buyer from Seller hereunder. Seller agrees to transfer and make such Environmental Attributes available to Buyer immediately to the fullest extent allowed by applicable law upon Seller's production or acquisition of the Environmental Attributes. If Seller receives any tradable Environmental Attributes based on the greenhouse gas reduction benefits or other emission offsets attributed to its fuel usage, it shall be entitled to retain sufficient Environmental Attributes to ensure that there are zero net emissions associated with the production of electricity from such facility. Seller shall not assign, transfer, convey, encumber, sell or otherwise dispose of all or any portion of the Buyer's Percentage Share of the Environmental Attributes to any Person other than Buyer. Seller makes no written or oral representation or warranty, either express or implied, regarding the current or future existence of any Environmental Attributes. ( c) Use of WREGIS to Evidence Transfer of WREGIS Certificates. Seller shall use commercially reasonable efforts to use WREGIS to evidence the transfer of or "WREGIS Certificates" from Seller to Buyer in accordance with WREGIS reporting protocols and the terns of this Agreement. Seller shall use commercially reasonable efforts to register the Plant with WREGIS. After the Plant is registered with WREGIS, Seller agrees to use commercially reasonable efforts to transfer WREGIS Certificates to Buyer using the Forward Certificate Transfer method, as described in WREGIS Operating Rules and as designated by Buyer. Buyer shall be responsible for providing required information and taking any action that may be necessary for the registration of the Plant and for transfer of WREGIS Certificates to Buyer's WREGIS account. Except as the Parties may otherwise agree in writing, in the event that WREGIS is not in operation, or WREGIS does not track Seller's transfer of WREGIS Certificates to Buyer, or its designees, on or before the 30th day of each calendar month, Seller shall document the production and transfer of 12 SANFRAN 90 lOJ (2K) Environmental Attributes under this Agreement by delivering to Buyer an attestation for the Environmental Attributes produced by the Plant, in whole MWh, in the preceding calendar quarter. The form of attestation shall be substantially in the form as set forth in Appendix B. Seller shall be responsible for the WREGIS expenses associated with registering the Plant, maintaining its account, WREGIS Certificate issuance fees, and transferring WREGIS Certificates to Buyer. Buyer shall be responsible for the WREGIS expenses associated with maintaining its account and subsequent transferring or retiring of WREGIS Certificates. Seller shall, as instructed by Buyer and at Buyer's cost, dispute data with WREGIS. Notwithstanding anything herein to the contrary, if Seller's cost (including labor billed at standard external rates) associated with WREGIS in connection with this Agreement or compliance with this Section 2.2 exceeds $2,500 in any calendar year, Buyer shall reimburse Seller for the amount in excess of $2,500; provided, however, Buyer may designate an alternate accounting system( s), at no cost to Seller, to evidence that transfer of RECs or other Environmental Attributes if Seller's WREGIS costs exceed $2,500 in any calendar year. Buyer shall defend, indemnify and hold Seller and its officers, directors, employees and agents harmless from and against all claims, demands, losses, liabilities and expenses (including reasonable attorneys fees) arising out of or connected with the interaction with third parties in connection with WREGIS or any alternate accounting system(s) designated by Buyer. For the purposes of this Section 2.2, "commercially reasonable efforts" shall exclude (i) making any changes to the Plant or any Expansion Plant or the method of operation thereof and (ii) expenditure of any funds other than nominal filing fees. (d) During the Term, Seller shall not report to any person or entity that the Environmental Attributes granted hereunder to Buyer belong to anyone other than Buyer, and Buyer may report under any program that such Environmental Attributes purchased hereunder belong to it. 2.3 Price Subject to the provisions of Section 4. 1 (k), Buyer shall pay Seller $0.109 per kWh of Energy delivered or tendered to Buyer at the Point of Interconnection, which price shall be escalated at a rate of 1.5% (of the then-current price) 13 SANFRAN 90103 (2K) annually on the anniversary of (i) the first day of the first full month following the Commercial Operation Date or (ii) if the Commercial Operation Date falls on the first day of the month, the Commercial Operation Date. The Price shall be the total compensation owed by Buyer for Output delivered or tendered to Buyer hereunder. 2.4 Tax Credits Buyer agrees and acknowledges that all Production Incentives shall be owned by Seller and/or the owner of the Landfill; provided, that to the extent Buyer pays in full for emission offsets and otherwise makes any additional payments pursuant to Section 4.3G) in full, Seller shall pay Buyer the Percentage Share of up to one hundred percent (1000/0) of the net economic value (net of reasonable transaction fees) realized by Seller from the Section 45 Credits until Seller has reimbursed Buyer for all such payments made by Buyer pursuant to Section 4.3G). Buyer shall not claim Production Incentives. Buyer agrees to cooperate with Seller and/or the owner of the Landfill as may be necessary to allow maximization of the value of, and realization of, all Production Incentives; provided that Buyer shall not be required to incur additional costs or accept any diminution in value of its rights under this Agreement or of the Output purchased hereunder. In addition, Buyer shall not take any action (except as otherwise permitted under this Agreement), that would in any way reduce or eliminate the availability to Seller or the owner of the Landfill of any Production Incentive, including without limitation the Section 29 Credits, and Buyer shall forego any credits or benefits available to it (other than Environmental Attributes) to the extent necessary to allow Seller and the owner of the Landfill to obtain the full benefit of the Production Incentives, but in no event shall Buyer be required to forego receipt of Energy. 2.5 Right of First Refusal for Expansion Plant and Expansion Plant Output (a) Seller may in its sole discretion determine, from time to time, during the Term to develop, finance, construct and/or operate an Expansion Plant. Each time such a determination is made, Seller shall notify Buyer of such determination and shall offer in writing to sell the Percentage Share of the Expansion Plant Output to Buyer. The offer shall include the price to be paid by Buyer for the Percentage Share of the Expansion Plant Output, the term of the proposed power purchase agreement and the other principal terms and conditions of the proposed sale. If Buyer wishes to accept such offer to 14 SANFRAN 90103 (2K) purchase all (but not less than all) of such Percentage Share of the Expansion Plant Output, Buyer shall so notify Seller within sixty (60) days of its receipt of such offer. Buyer and Seller shall promptly thereafter enter into good faith negotiation of a definitive power purchase agreement incorporating the terms of such offer. Until such an Expansion Plant power purchase agreement is executed, the Seller's proposal, accepted by Buyer (including any modifications agreed upon in writing by both parties), shall control all dealings between the Parties relating to the Expansion Plant. Should any issue arise that is not covered by such documentation, the terms of this Agreement shall apply. (b) If Buyer does not accept Seller's offer to purchase its Percentage Share of the Expansion Plant Output within sixty (60) days of receipt of Seller's offer, Seller shall be free to offer to sell that portion of the Expansion Plant Output to one or more third parties at a price and on other terms and conditions which, taken as a whole, are at least as favorable to Seller as the price and other terms and conditions set forth in Seller's offer to Buyer. If Seller offers to break up Buyer's Percentage Share of the Expansion Plant Output to sell to multiple independent buyers, Seller shall notify Buyer in writing of the terms and conditions of such offers and Buyer shall again have the right of first refusal consistent with the terms set forth above for each of the lesser amounts being offered to the third parties. If Buyer does not purchase its Percentage Share of the Expansion Plant Output and Seller sells such Expansion Plant Output to a third party, it shall promptly certify in writing to Buyer that the terms and conditions of sale of such Expansion Plant Output to such third party, taken as a whole, are at least as favorable to Seller as the price and other terms and conditions set forth in Seller's offer to Buyer, and Seller shall provide the relevant contract and any other supporting documentation for such certification. Upon the sale of such Expansion Plant Output in compliance with this Agreement, Buyer shall have no further rights to be offered or to purchase such Expansion Plant Output. Buyer's refusal of its Percentage Share of the Expansion Plant Output from one Expansion Plant shall not affect Buyer's right to purchase its Percentage Share of the Expansion Plant Output from a later Expansion Plant under the terms of this Agreement. Seller shall not sell or provide Buyer's Percentage Share of the Expansion Plant Output to any third party unless it can do so without compromising in any material way its ability to provide Buyer's Percentage Share of the Output to Buyer hereunder. The materiality of any such impact shall be determined by Buyer in its reasonable discretion. If Seller sells or 15 SANFRAN 90103 (2K) provides Expansion Plant Output to any third party, Seller shall not employ Landfill Gas to fuel such Expansion Plant in any hour unless the Landfill Gas flow requirements of the Initial Capacity have been, and shall continue to be, met. 2.6 Seller's RiJ::::ht to Sell Expansion Plant Output to Buyer Seller may in its sole discretion determine, from time to time, during the Term to develop, finance, construct and/or operate one or more Expansion Plants. Each time such a determination is made, if the aggregate capacity of such Expansion Plant and all Previous Expansion Plants with respect to which Seller has exercised its rights under this Section 2.6 does not exceed 7.0 MW, then Seller shall have the right, at its sole discretion, to (i) notifY Buyer of such determination and (ii) require Buyer to Purchase the Percentage Share of the Expansion Plant Output at a price equal to the lesser of (a) eighty-five percent (85%) of the MPR price at the time of such notification from Seller to Buyer and (b) $ 1501MWh. The term of the power purchase agreement for the purchase of the Expansion Plant Output will be as specified in such notification, but shall not exceed the term remaining on the LFG Agreement (including any extension thereof if Seller has the rights to such under the LFG Agreement). All other terms and conditions, unless otherwise agreed to by the Parties, each in their sole discretion, shall be the same as this Agreement. If Seller gives Buyer such notification, then Buyer shall execute the power purchase agreement for the Expansion Plant Output, as detailed above, within one hundred and twenty (120) days from such notification by Seller to Buyer. 2.7 Option to Install Emission Controls Buyer may at its option, exercised from time to time, install emission controls on the Plant in connection with the Initial Capacity and on any Expansion Plant from which Buyer purchases Expansion Plant Output (so long as Buyer purchase all such Expansion Plant Output) beyond those then required to meet the Requirements of Law applicable to Seller or the Plant; provided that (a) Buyer shall (i) bear all costs and financial, regulatory and operational risks thereof, including without limitation the capital cost thereof and any increase in operation or maintenance expenses, and (ii) shall keep Seller whole in all respects, including for decreases in Output and other adverse effects on the Initial Capacity and the Expansion Plant and its performance, increases in operations and maintenance costs and failures of such emission controls to 16 SA.,'lFRAN 90103 (2K) operate, and (b) Buyer shall not make any such changes to the Initial Capacity or the Expansion Plant without the consent of Seller to the design and plan for implementation of such changes, such approval not to be unreasonably withheld. ARTICLE III METERING AND BILLING 3.1 Metering Requirements The transfer of Energy from Seller to Buyer shall be measured by revenue quality metering equipment at the Point of Interconnection. Such metering equipment, including any equipment required for communicating meter data (e.g., a dedicated data line) to Buyer or the ISO, shall be selected, provided, installed, owned, maintained and operated, at Seller's sole cost and expense, by Seller or its designee in accordance with applicable ISO rules. Seller shall exercise reasonable care in the maintenance and operation of any such metering equipment, and shall test and verify the accuracy of each meter at least annually. Seller shall inform Buyer in advance of the time and date of these tests, and shall permit Buyer to be present at such tests and to receive the results of such tests. Subject to Buyer paying for its Percentage Share of the cost of any update or upgrade to such metering equipment pursuant to a new requirement of the ISO, the LDC or any other Governmental Authority adopted following the Commercial Operation Date, each of Seller's meters shall be accurate to the metering specifications then in effect for ISO meter accuracy. Seller shall further install and maintain all equipment and data circuits necessary to transmit all monitored real time supervisory control and data acquisition ("SCADA") system data and real time data from the ISO meter to the ISO and the Northern California Power Agency ("NCP A"), while adhering to both ISO and NCP A communications protocols. Seller shall provide a copy of each Certificate of Compliance issued by ISO, if any. Buyer and NCP A shall be provided access to all monitored SCADA points to be used at their discretion in real time monitoring. Buyer may further, at its sole cost and expense, install and maintain check meters and all associated measuring equipment necessary to permit an accurate determination of the quantities of Energy delivered under this Agreement provided that said 17 SANFRAN 90!O3 (2K) equipment does not interfere with the Seller's metering equipment. Seller shall permit Buyer or Buyer's representative access to its Plant for the purpose of installing and maintaining such check meters. Seller shall submit to the ISO, or allow the ISO to retrieve, any meter data required by the ISO related to the Plant output in accordance with the ISO's settlement and billing protocol and meter data tariffs. Buyer shall have reasonable access to relevant meters and associated facilities, as well as real time access to all meter data, as is necessary for Buyer or its agent to perform its duties as scheduling coordinator and comply with the requirements of the ISO tariff. 3.2 Billing Seller shall read the meter at the end of each calendar month of the Term, and provide to Buyer on or before the 10th day of the following month an invoice based upon the meter data for Energy delivered in such calendar month and the corresponding attestation pursuant to Section 2.2( c). Such invoice may be transmitted electronically via e-mail to[*AcctsPayable@ncpa.com ], or to any other email address designated in writing by Buyer, with a copy to follow via United States Mail to the notice address designated below. Should either the Seller or the Buyer determine at a later date, but in no event later than two (2) years after the original invoice date, that the invoice amount was incorrect, that Party shall promptly notify the other Party of the error. If the amount invoiced was too low, Buyer shall, upon receiving verification of the error and supporting documentation from the Seller, pay any undisputed portion of the difference within thirty (30) days of receipt of verification. If the amount invoiced was too high, Seller shall, upon receiving verification of the error and supporting documentation from the Buyer, pay any undisputed portion of the difference within thirty (30) days of receipt of verification. Any such amount shall be subject to the interest rate as designated in Section 3.3 running from the original due date of payment. 3.3 Payment For Energy delivered to Buyer pursuant this Agreement, Buyer or its agent shall pay Seller by electronic transfer of funds by the later of the 20th day of the month or the 10th business day after the invoice is received in accordance with Section 3.2. If such due date falls on a weekend or legal holiday, such due date shall be the next day which is not a weekend or legal holiday. 18 SA."IFRAN 90103 (2K) Payments made after the due date shall be considered late and shall bear interest on the unpaid balance at an annual rate equal to two percent (2%) plus the average daily prime rate as determined from the "Money Rates" section of the West Coast Edition of The Wall Street Journal for the days of the late payment period multiplied by the number of days elapsed from and including the day after the due date, to and including the payment date. Interest shall be computed on the basis of a 365-day year. In the event this index is discontinued or its basis is substantially modified, the Parties shall agree on a substitute equivalent index. Should Buyer in good faith dispute the amount of an invoice, Buyer or its agent may withhold such disputed amounts until the dispute is resolved by arbitration or other permissible method. Such disputed amounts shall bear interest at the interest rate described above. Failure of Buyer or its agent to withhold any amount is not a waiver of Buyer's right to challenge such amount. Both Parties shall maintain all records relating to the other Party or this Agreement for a minimum of two (2) years, and shall permit the other Party, upon reasonable notice, to inspect and audit such records as the requesting Party deems reasonably necessary to protect its rights. ARTICLE IV SELLER'S OBLIGATIONS During the Term, Seller hereby agrees to perform the following affirmative obligations: 4.1 Development, Finance, Construction and Operation of the Plant Seller shall: (a) Develop, finance and construct the Plant. (b) Provide Buyer access to a "real time" Plant monitoring system (which, at a minimum, shall provide "real time" information regarding the net output of the Plant) that is anticipated to be internet-based and include alarms. ( c) Seek, obtain, maintain, comply with and, as necessary, renew and modifY from time to time, all Permits, certificates or other authorizations which are required by any Requirements of Law or Governmental Authority as 19 SANFRAN 90103 (2K) prerequisites to engaging in the activities required of Seller by the Agreement and to meeting Seller's obligation to operate the Plant consistently with the terms of the Agreement. (d) Operate, maintain, and repair the Plant in accordance with this Agreement, all Requirements of Law applicable to Seller or the Plant, Contractual Obligations, Permits and in accordance with Prudent Utility Practice, including with respect to efforts to maintain availability of the Initial Capacity. (e) Obtain and maintain the policies of insurance in amounts and with coverages as set forth in Appendix C. (1) Operate and maintain in a manner consistent with Prudent Utility Practice the facilities it will own and otherwise cooperate with LDC in the physical interconnection of the Plant to the LDC System in accordance with the Interconnection Agreement. (g) By October 1 st of each year of the Term, provide Buyer and NCP A with an annual projection of scheduled Outages for the following calendar year. Should Seller make any changes to such projection, it will notify Buyer and NCPA of such changes at least fourteen (14) days in advance of any newly scheduled or rescheduled Outage. If Buyer requests a change to the scheduled date of any Outage (including to a date set forth in a change notice from Seller), Seller shall consider such request in good faith and notify Buyer of its decision within seven (7) days. In no instance will Seller schedule Outages of more than twenty-four (24) hours between June 1st and September 30th during the Term. In connection with any Outage, whether a scheduled or unscheduled Outage, Seller shall notify Buyer and NCP A, as soon as practicable, of the percentage of Plant expected to be out of service and how long the Outage is expected to last. If the Outage is total and is due to failure of the Plant rather than the transmission and distribution system beyond the Point of Interconnection, Seller shall give Buyer and NCP A at least four (4) hours notice before re-energizing the Plant. In addition, Seller will comply with NCPA's reasonable scheduling protocols, as they may be changed from time to time. A copy of the current version of NCP A's scheduling protocols, which the Parties agree are reasonable, is attached as Appendix D. 20 SA..1IIFRAN 90!O3 (2K) (h) Negotiate and enter into an Interconnection Agreement with LDC to enable Buyer to transmit Energy received at the Point of Interconnection through the ISO-controlled grid. Seller shall be responsible for and pay all initial non-recurring costs and charges arising under the Interconnection Agreement (even if not actually incurred) prior to the Commercial Operation Date in compliance with the Interconnection Agreement and associated rules and requirements in place as of the Commercial Operation Date. All other out- of-pocket costs and charges related to interconnection other than these initial non-recurring costs and charges will be reimbursed, on a pro rata, energy basis, by the purchasers of energy from the Plant. During the Term of this Agreement prior to any Expansion Plant becoming available for commercial service, Buyer will reimburse Seller for its Percentage Share of such other out- of-pocket costs and charges under the Interconnection Agreement paid or required to be paid by Seller to LDC or its successor; provided, however, Buyer shall be responsible for its Percentage Share of such other out-of-pocket costs and charges under the Interconnection Agreement only to the extent Buyer has approved in writing, in the sole discretion of Buyer, the Interconnection Agreement, including any amendments (which shall not include changes in relevant tariffs) from time to time. Upon completion of an Expansion Plant which uses the Interconnection Facilities, such other out-of- pocket costs and charges shall be prorated, on a Percentage Share of energy basis, and Buyer's share would be based on its Percentage Share of Energy compared to the energy of the Expansion Plant delivered to the Point of Interconnection. Seller shall cooperate with Buyer to minimize any such costs as are to be reimbursed by Buyer. (i) Negotiate and enter into a Participating Generator Agreement and a Meter Service Agreement for ISO Metered Entities with the ISO, who is the load control area operator for the LDC System to which the Plant is interconnected. Buyer shall pay for or reimburse Seller for its Percentage Share of any such costs or charges associated with these agreements, except to the extent such cost or charge is required to be paid by Seller under this Agreement in Sections 3.1 and 4.1 (h). Seller shall cooperate with Buyer to minimize any such costs as are to be reimbursed by Buyer. G) Coordinate all Plant start-ups and shut-downs, in whole or in part, with Buyer in accordance with ISO scheduling protocols and the reasonable protocols established by Buyer that are not inconsistent with the ISO tariff and ISO procedures. 21 SANFRAN 90103 (2K) (k) Maintain an Availability Threshold of seventy percent (70%). Should Seller fail to maintain such an Availability Threshold, the Price applicable to Output sold and purchased during each month during which the Availability Threshold is below seventy percent (70%) shall be seven and one-half percent (7.5%) below the Price that would otherwise be in effect pursuant to Section 2.3 until the Availability Threshold is increased to at least seventy percent (70%). Except as otherwise expressly stated in Sections 6.4 and 7.6, the foregoing shall be Buyer's sole remedy for any shortfall of or failure to produce Output or failure to maintain any particular Availability Threshold. 4.2 General Obligations (a) Seller shall obtain in its own name and at its own expense any and all pollution or environmental credits or offsets necessary to operate the Plant in compliance with the Environmental Laws. (b) Seller shall keep complete and accurate operating and other records and all other data for the purposes of proper administration of the Agreement, including such records as may be required by any Governmental Authority or Prudent Utility Practice. (c) Seller shall continue to (i) preserve, renew and keep in full force and effect its organizational existence and good standing, and take all reasonable action to maintain all applicable Permits, rights, privileges, licenses and franchises necessary or desirable in the ordinary course of its business; and (ii) comply with all Contractual Obligations and Requirements of Law applicable to Seller or the Plant. (d) Prior to the date ninety (90) days following the date of this Agreement, Seller shall make available for review by Buyer, and its representatives, at Seller's attorney's offices in San Francisco, California, a fully executed copy of its contract with SVSW A, including all exhibits, attachments, and other supporting documents thereto, for the purchase of Landfill Gas (the "LFG Agreement"). Such contract may be redacted to remove pricing information. If (i) Seller does not fulfill its obligations under the first two sentences of this Section 4.2( d) in the time allowed, or (ii) Seller fulfills such obligations but Buyer in its reasonable discretion does not approve of the terms of the LFG Agreement, then Buyer may, as its sole remedy and without liability of one 22 Sk"fFRAN 90103 (2K) party to the other, terminate this Agreement by written notice given no later than sixty (60) days after Seller has fulfilled, or failed to fulfill, as the case may be, such obligations under such first two sentences. Other than increasing the amount of fuel purchased thereunder, Seller shall not allow such contract to be amended or otherwise modified, nor shall it waive or fail to enforce any of its rights thereunder, without Buyer's prior written approval, whose approval shall not be unreasonably withheld. Seller shall make the LFG Agreement available to Buyer for review during normal business hours at Seller's attorney's offices in San Francisco, California throughout the term of this Agreement within seven (7) days of a written request by Buyer. (e) Seller shall provide to Buyer such other information regarding the permitting, engineering, construction or operations of the Plant as Buyer may from time to time reasonably request, subject to licensing or other restrictions of Seller or a third party with respect to confidentiality, disclosure or use. (t) Seller shall enter into any agreements with the ISO required by the ISO for generators delivering power into the ISO-controlled grid. Except for such costs and charges as are expressly identified in this Agreement as Seller's costs, Buyer shall reimburse Seller for all costs and charges under such agreements. Seller shall cooperate with Buyer to minimize any such costs as are to be reimbursed by Buyer. (g) Seller shall provide Buyer with a copy of its ultimate corporate parent's audited financial statements as at the end of its accounting year prepared in accordance with GAAP, no later than four (4) months after the end of such accounting year of such entity. Seller shall also provide, on a quarterly basis, an unaudited financial statement in the form of Appendix F, prepared in accordance with GAAP consistently applied for Seller and for Seller's ultimate corporate parent. Such financial statements shall be certified by an officer of Seller as fairly presenting the financial condition of the Seller subject only to what would typically be included in year-end audit adjustments and footnotes. If, from time to time, an audited year-end financial statement is prepared for Seller, Seller shall provide it to Buyer no later than four (4) months after the end of Seller's accounting year. 4.3 Construction Milestones 23 SANFRAN 90103 (2K) ( a) The Parties agree that time is of the essence and that certain milestones ("Milestones") for the development, financing and construction of the Plant must be achieved in a timely fashion or Buyer shall suffer damages. Seller shall provide Buyer with documentation satisfactory to Buyer, in Buyer's reasonable discretion, to support the achievement of Milestones by the dates set forth below. (b) The following events are all of the Milestones: (i) By the date ninety (90) days following the date of this Agreement, Seller shall have signed an LFG Agreement with SVSWA and have obtained Site Control. (ii) By the date twenty (20) months following the date that Buyer approves the LFG Agreement, Seller shall (a) have obtained all Permits necessary, in final form, to commence construction of the Plant and (b) have entered into an Interconnection Agreement. (iii) By the date one (1) month following the later of (a) the finalization of all necessary Permits described in Section 4.3(b )(ii), and (b) entering into an Interconnection Agreement, Seller shall have arranged financing for construction of the Plant or otherwise made funds available to commence and complete construction. (iv) By the date twelve (12) months following the later of (a) the finalization of all necessary Permits described in Section 4.3(b )(ii), and (b) entering into an Interconnection Agreement, Seller shall have commenced construction of the Plant. (v) By the date eighteen (18) months following the arrangement of financing or availability of funds for construction, Seller shall have achieved the Commercial Operation Date. (c) Starting on the effective date of this Agreement, Seller shall provide to Buyer monthly progress reports concerning the progress towards completion of the Milestones. In addition, within five business days of the completion of each Milestone, Seller shall provide a certification to Buyer along with any supporting documentation, demonstrating the satisfaction of the Milestone. Seller shall provide to Buyer additional information concerning Seller's progress towards, or confirmation of, achievement of the Milestones, as Buyer may reasonably request from time to time. Within seven (7) days of the later of (i) obtaining the authority to construct for the Plant from the applicable air quality management district or (ii) Seller's receipt of the system impact and 24 SANFRAN 90!OJ (2K) , facility cost studies from the LDC, but in no event later than the date set forth in Section 4.3(b )(ii), Seller shall specify the Initial Capacity of the Plant (which shall be subject to the limits contained in Section 1.18). (d) Upon becoming aware that it will, or is reasonably likely to, fail to achieve a Milestone by the required date, for any reason including Force Majeure Event, Seller shall so notify Buyer in writing as soon as is reasonably practical. Such notice shall explain the cause of the delay, provide an updated date for achievement of the Milestone(s) and describe Seller's plan for meeting the Milestone. Seller's notice will also explain any impact such delay mayor will have on any other Milestone, and measures to be taken to mitigate such impact. (e) In the event that a Force Majeure Event causes any delay to the achievement of the Milestones set forth in Sections 4.3(b)(iii), (iv), or (v), such Milestone's deadline may be extended, together with any Force Majeure Event extensions for other Milestones, for a period not to exceed six (6) months. The extension of the deadline for any Milestone shall extend the deadline for all subsequent Milestones, provided that in no event shall the combined extensions for Force M~jeure Events for any or all of the Milestones exceed six (6) months. (f) In the event that Seller fails to meet the Milestone set forth in Section 4.3(b )(i) for any reason, Buyer may terminate this Agreement, without liability of either Party to the other, by giving notice to Seller in writing of such termination at any time prior to Seller curing its failure. Such option to terminate shall be Buyer's sole remedy for any failure to meet the Milestone set forth in Section 4.3(b )(i). (g) In the event that Seller fails to meet the Milestone set forth in Section 4.3(b)(ii) for any reason, Buyer may terminate this Agreement, without liability of either Party to the other, within ten (l0) business days after the Milestone date by giving notice to Seller in writing of such termination. If Seller meets the Milestone set forth in Section 4.3(b )(ii) prior to Buyer giving written notice of termination, this Agreement shall remain in full force and effect. If Buyer does not terminate this Agreement within ten (l0) business days after the Milestone date, Seller shall continue to pursue satisfaction of the relevant Milestone and Buyer must give Seller sixty (60) days notice to terminate this Agreement, during which period if Seller cures such defect and 25 SANFRAN 90103 (2K) achieves the relevant Milestone, such termination shall be void and this Agreement shall remain in full force and effect. Such option to terminate shall be Buyer's sole remedy for any failure to meet the Milestone set forth in Section 4.3(b )(ii). (h) In the event that Seller fails to meet the Milestone set forth in Section 4.3(b)(iv) within six (6) months after the relevant Milestone date for any reason (or up to twelve (12) months if also delayed by a Force Majeure Event), Seller may deposit an amount, per month, equal to the Monthly LD Amount into a segregated escrow account reasonably acceptable to Buyer by the first day of such month, for every month after such date until the Milestone is met. Such funds will be used towards any liquidated damages as set forth in Section 7 A( c), and shall be held in escrow until such time that liquidated damages, if any, become payable to Buyer. Should the amount in the escrow account exceed the final amount of liquidated damages, such excess funds shall be returned to Seller. Should Seller (i) at any time fail to make such monthly deposits or (ii) fail to satisfY the Milestone set forth in Section 4.3(b )(iv) for more than twelve (12) months, Buyer may terminate this Agreement upon written notice to Seller of such termination. Upon such termination, Seller will pay to Buyer, within thirty (30) days of the termination notice, an amount equal to the LD Amount as liquidated damages. Such Seller escrow option, Buyer option to terminate, and liquidated damages shall be Buyer's sole remedy for any failure of Seller to meet the Milestones set forth in Section 4.3(b )(iii) or (iv). (i) Seller covenants that it will diligently pursue all Milestones including the Commercial Operation Date, which Seller envisions will occur within thirty (30) months following the execution of this Agreement. U) In the event that any of the approvals described in Section 4.3(b )(ii) are not obtained by the date specified in Section 4.3(b )(ii) for satisfaction of the relevant Milestone or are obtained on a basis not reasonably satisfactory to Seller, including without limitation, in the case of the air permit, approval of construction and operation of the Plant on a basis not consistent with internal combustion engines without emission controls, pollution or environmental credits or offsets, Seller may terminate this Agreement without liability of either Party to the other by giving notice to Buyer in writing of such termination; provided that such notice must be given no later than fourteen (14) days following the earlier of (a) the date on which a given approval not 26 SANFRAN 90 I 03 (2K) satisfactory to Seller is received in writing or (b) the date specified in Section 4.3(b )(ii) for satisfaction of the relevant Milestone; further provided, that such notice and such termination shall not be effective if Buyer, by written notice to Seller within fourteen (14) days following such notice from Seller, agrees (i) to pay Seller with the first invoice following the Commercial Operation Date the reasonable all-in cost (including reasonable broker fees, if any) to purchase all such offsets sufficient to operate the Plant at full Initial Capacity (less reasonably projected scheduled Outages for maintenance) for the term of this Agreement, and (ii) to adjust equitably the price payable under Section 2.3 of this Agreement and within thirty (30) days thereafter agrees with Seller in writing (each in their sole discretion) to an amendment of this Agreement revising such price. Failure to provide notice of termination by the date specified above shall constitute a waiver of the right to terminate this Agreement as provided in this Section 4.3U). In the event that Seller exercises such termination right, Buyer shall have a right of first refusal to purchase the output of any electricity generating facility owned or controlled by Seller or its affiliate(s) located at the Landfill and fueled by Landfill Gas. Such right of first refusal shall conform to the provisions of Section 2.5. The provisions of this Section 4.3U) shall survive termination of this Agreement under this Section 4.3U) for a period of five (5) years from such termination. ARTICLE V BUYER'S OBLIGATIONS 5.1 Delivery and Transmission Except for Seller's obligations pursuant to Sections 3.1 and 4.1(h), Buyer shall be solely responsible for paying its Percentage Share of costs and charges associated with the receipt of Energy, under this Agreement, at the Point of Interconnection and for the transmission and delivery of the Energy from the Point of Interconnection to any other point downstream of the Point of Interconnection (including, without limitation, transmission costs and charges, competition transition charges, applicable control area service charges, transmission congestion charges, inadvertent energy flows, any other ISO charges related to the transmission of such Energy by the ISO and any charge assessed or collected in the future pursuant to any utility tariff or rate schedule, however defined, for transmission or transmission-related service rendered by 27 SANFRAN 90 10J (2K) or for any transmission-owning or operating entity). NCPA, acting on behalf of Buyer, shall be scheduling coordinator for the transmission of Energy from the Plant in accordance with applicable ISO rules. Buyer's duties as scheduling coordinator shall be limited to those duties as are specifically required of scheduling coordinators in the ISO tariff and the ISO protocols. Commercial arrangements for such transmission and delivery services will be coordinated and settled by NCP A directly with the ISO or other third parties. At the option of Buyer, the Plant may be included within NCPA's metered sub-system in connection with the scheduling of power over the ISO grid and related functions; provided that such inclusion shall have no adverse effect on Plant operations or Seller (or any such effect shall be fully mitigated by Buyer). Seller will do all things reasonably needed to allow Buyer to comply with any obligations, and minimize any potential liability, under the ISO tariff; provided, that if such actions require any actions beyond the giving of notice provided by Buyer, then Buyer shall reimburse its Percentage Share of all out- of-pocket costs and charges of such actions. If and to the extent that Seller fails to comply with the notice provision in Section 4.1 (g) concerning Outages or with its obligations as outlined in the previous sentence, Seller shall be wholly responsible for all imbalances, deviations, or any other ISO charges or penalties associated with such Outage or ISO tariff obligation. Buyer may replace NCP A as Scheduling Coordinator for the Plant. If NCP A ceases to be Scheduling Coordinator for the Plant and Buyer is unable, upon fourteen days notice from Seller, to appoint a replacement Scheduling Coordinator, Seller shall have the right to appoint a replacement Scheduling Coordinator on its behalf, and Buyer shall enter into all reasonable and appropriate agreements with such replacement Scheduling Coordinator at its own cost. 5.2 Taxes Buyer shall pay and be fully responsible for any sales, use, gross receipts, utility or other taxes, assessments or fees, if any, incurred or imposed on the sale or transfer of Energy from Seller to Buyer under this Agreement. Buyer shall not be responsible for any taxes measured on the net income of Seller or ad valorem taxes paid by Seller or SVSW A associated with the Site or the Landfill. 5.3 Notification of Transmission Outages 28 SANFRAN 90103 (2K) Buyer will exercise reasonable efforts to provide Seller with as much advance notice as practicable of any Outage on the LDC System or other transmission or delivery facilities which may adversely affect the delivery of Energy to Buyer. ARTICLE VI FORCE MAJEURE 6.1 Force Majeure Events It is understood that at times unavoidable delays or interruptions in delivery or performance may result from Force Majeure Events. The performance of each Party under this Agreement may be subject to interruptions or reductions due to a Force Majeure Event. Both Parties shall in good faith use such effort as is reasonable under all the circumstances known to that Party affected by the Force Majeure Event at the time to remove or remedy the cause(s) and mitigate the inability to perform. However, the obligation to use such reasonable efforts shall not be interpreted to require resolution of labor disputes by acceding to demands of the opposition when such course is inadvisable in the discretion of the Party having such difficulty. 6.2 Remedial Action Subject to the limitation on extensions of Milestones set forth in Section 4.3( e), a Party shall not be liable to the other Party if the Party is prevented from performing its obligations hereunder due to a Force Majeure Event. The Party rendered unable to fulfill an obligation by reason of a Force Majeure Event shall take all action necessary to remove such inability with all due speed and diligence. The nonperforming Party shall be prompt and diligent in attempting to remove the cause of its failure to perform, and nothing herein shall be construed as permitting that Party to continue to fail to perform after said cause has been removed. Notwithstanding the foregoing, the existence of a Force Majeure Event shall not excuse any Party from its obligations to make payment of amounts due hereunder. 6.3 Notice 29 SANFRAN 90103 (2K) In the event of any delay or nonperformance resulting from a Force Majeure Event, the Party suffering the Force Majeure Event shall, as soon as practicable under the circumstances, notify the other Party in writing of the nature, cause, date of commencement thereof and the anticipated extent of any delay or interruption in performance. 6.4 Termination Due To Force Majeure Event Subject to Section 4.3( e), if a Party is prevented from performing its material obligations under this Agreement for a period of twelve (12) consecutive months or longer, the unaffected Party may terminate this Agreement, without liability of either Party to the other, upon thirty (30) days written notice at any time during the Force Majeure Event. ARTICLE VII DEFAULTIREMEDIES/TERMINATION 7.1 Events of Default by Buyer The following shall each constitute an "Event of Default" by Buyer: (a) Buyer breaches any material obligation (other than one covered by Section 7.1 (b) or (c) of this Agreement) and fails to cure such breach within thirty (30) days after written notification of breach by Seller or such longer period as may be necessary to cure such breach as long as Buyer is exercising diligent efforts to cure such default. (b) Buyer fails to make any payment due under this Agreement within thirty (30) days after written notice that such payment is due. (c) The initiation of an involuntary proceeding against Buyer under the bankruptcy or insolvency laws, which involuntary proceeding remains undismissed for sixty (60) consecutive days, or in the event of the initiation by Buyer of a voluntary proceeding under the bankruptcy or insolvency laws. 7.2 Events of Default by Seller 30 SANFRAN 90103 (2K) (1) The following shall each constitute an "Event of Default" by the Seller if Seller does not cure within the time set forth in clause (2), below: (a) Seller breaches any material obligation (other than ones covered by Sections 7.2(b), (c), (d), (e) or (f) of this Agreement or for which a remedy is specified). (b) Seller fails to make any payment due under this Agreement within thirty (30) days after written notice that such payment is due. ( c) The initiation of an involuntary proceeding against Seller under the bankruptcy or insolvency laws, which involuntary proceeding remains undismissed for sixty (60) consecutive days, or in the event of the initiation by Seller of a voluntary proceeding under the bankruptcy or insolvency laws. (d) Seller sells or transfers Buyer's share of the Output (or any individual component thereof) or Expansion Plant Output (or any individual component thereof) or the right to Buyer's share of the Output (or any individual component thereof) or Expansion Plant Output (or any individual component thereof), to the extent that such Expansion Plant Output is purchased by Buyer, to any Person other than Buyer. (e) Seller fails to comply with the terms of Buyer's right of first refusal as described in Section 2.5 of this Agreement. (f) Subject to Section 7.4( c), Seller fails, for any reason other than an unauthorized act or omission by Buyer, to achieve the Commercial Operation Date by the applicable Milestone deadline as set forth in Section 4.3(b)(v), as such deadline may be extended as a result of a Force Majeure Event in accordance with Section 4.3(e). (2) Time for Cure. Nothing described in Section 7.2(1)(a) above shall constitute an Event of Default if Seller cures the event, failure or circumstance within (30) days after written notification by Buyer or such longer period as may be necessary to cure as long as Seller is exercising diligent efforts to cure. 7.3 Termination for Default 31 SA'IFRAA 90103 (2K) (a) In the event the defaulting Party fails to cure the Event of Default within the period for curative action under Sections 7.1 or 7.2, as applicable, the non- defaulting Party may terminate the Agreement by notifying the defaulting Party in writing of (i) the decision to terminate and (ii) the effective date of the termination. (b) Upon termination of the Agreement by Buyer pursuant to Section 7.3(a) due to an Event of Default by Seller, (i) Buyer shall have no future or further obligation to purchase the Output of the Plant or to make any payment whatsoever under this Agreement, except for payments for obligations arising or accruing prior to the effective date of termination, and (ii) Seller shall, if Buyer has paid in full for emission offsets pursuant to Section 4.3U), either (A) reimburse Buyer pro rata for any unused such offsets paid for by Buyer or (B) transfer to Buyer title to any unused such offsets paid for by Buyer. Upon termination of the Agreement by Seller pursuant to Section 7.3(a) due to an Event of Default by Buyer, Seller shall have no future or further obligation to deliver the Output of the Plant to Buyer or to satisfy any other obligation of this Agreement, except for payments or other obligations arising or accruing prior to the effective date of termination. After the effective date of termination, the Agreement shall not be construed to provide any residual value to either Party or any successor or any other Person, for rights to, use of or benefits from the Plant to any Person. ( c) Intentionally Omitted. 7.4 Damages (a) For all claims, causes of action and damages the Parties shall be entitled to the recovery of actual damages allowed by law unless otherwise limited by the Agreement. Neither the enumeration of Events of Default in Sections 7.1 and 7.2, nor the termination of this Agreement by a non-defaulting Party pursuant to Section 7.3(a), shall limit the right of a non-defaulting Party to rights and remedies available at law, including, but not limited to, claims for breach of contract or failure to perform by the other Party and for direct damages incurred by the non-defaulting Party as a result of the termination of this Agreement. (b) Except as otherwise specifically and expressly provided in the Agreement, neither Party shall be liable to the other Party under this 32 SANFRAN 90103 (2K) Agreement for any indirect, special or consequential damages, including but not limited to loss of use, loss of revenues, loss of profit, interest charges, cost of capital or claims of its customers or members to which service is made. Except as set forth in Section 4.1 (k) and except to the extent Seller violates its undertaking not to provide or sell rights to part or all of the Output to a party other than Buyer, Seller shall not be liable to Buyer for failure to provide any specific amount of Output hereunder. (c) In the event that Seller fails to meet the Commercial Operation Date by the applicable Milestone deadline as set forth in Section 4.3(b )(v), as such deadline may be extended as a result of a Force Majeure Event in accordance with Section 4.3(e), Seller shall be liable for liquidated damages in the amount, per month, equal to the Monthly LD Amount for each full month (with parts of a month pro rated) that Seller is late in satisfying the Milestone. So long as Seller is paying such liquidated damages on a monthly basis, up to twelve (12) months, Buyer shall not be permitted to terminate this Agreement. If after twelve (12) months following the relevant Milestone deadline Seller has failed to achieve Commercial Operation, or if for any reason Seller fails to pay, or discontinues paying, the monthly liquidated damages provide for above, Buyer may terminate this Agreement by written notice to Seller. This twelve (12) month period shall not be extended as a result of a Force Majeure Event. Upon such termination, Seller shall pay Buyer, within thirty (30) days of the termination notice, a lump sum equal to the LD Amount. No other damages or remedy shall be available to Buyer on the basis of such failure to meet the Milestone set forth in Section 4.3(b )(v) or termination of this Agreement based on failure to achieve Commercial Operation within twelve (12) months of that Milestone deadline. (d) The Parties agree that the liquidated damages set forth in Sections 4.3(h) and 7.4(c) are reasonable and represent a fair and genuine estimate of the damages Buyer will suffer upon the failure of Seller to achieve Commercial Operation by the agreed upon date(s). The Parties acknowledge that it would be impracticable or extremely difficult to fix Buyer's actual damages, and therefore have deemed the liquidated damages set forth above to be the amount of damage sustained by Buyer upon such a failure. The Parties further agree that payment of such amount shall be as liquidated damages and not as a penalty, and is therefore not subject to avoidance under California Civil Code section 1671. 33 SANFRAN 90103 (2K) 7.5 Indemnification Seller and Buyer agree to defend, indemnifY, and hold each other, and their respective officers, directors, employees and agents, harmless from and against all claims, demands, losses, liabilities, and expenses (including reasonable attorneys' fees) (collectively "Damages") for personal injury or death to persons and damage to each other's physical property or facilities or the property of any other Person to the extent arising out of, resulting from, or caused by the negligent or intentional and wrongful acts, errors, or omissions of the indemnifYing Party. This indemnification obligation shall apply notwithstanding any negligent or intentional acts, errors or omissions of the indemnitees but the indemnifYing Party's liability to pay Damages to the indemnified Party shall be reduced in proportion to the percentage by which the indemnitees' negligent or intentional acts, errors or omissions caused the Damages. Neither Party shall be indemnified for its Damages resulting from its sole negligence or willful misconduct. These indemnity provisions shall not be construed to relieve any insurer of its obligation to pay claims consistent with the provisions of a valid insurance policy. 7.6 Buyer's Right to Operate If Seller (i) fails to maintain the Availability Threshold for a period of nine (9) months in any twelve (12) month period, or (ii) fails to generate Energy for sixty (60) consecutive days, then Buyer or its designee may, but shall not be obligated to, step-in and assume operational control from Seller of the Plant; provided that Buyer shall not be permitted to step-in and take control so long as Seller or any of Seller's Lenders are using commercially reasonable efforts to remedy the failures described in (i) or (ii) above. Buyer, its employees, contractors and designees shall have the unrestricted right to enter the Plant to the extent necessary to operate the Plant. Upon the exercise of this right, Buyer or its designee shall at all times operate the Plant using Prudent Utility Practice and shall comply, to the extent commercially practicable, with the terms of this Agreement. Notwithstanding the foregoing, Seller shall not be excused from any obligation or remedy available to Buyer as a result of Buyer's operation of, or election not to operate, the Plant. Buyer shall pay Seller the applicable rate for Output provided hereunder, less any costs incurred by Buyer to operate the Plant. Buyer shall indemnifY and hold Seller harmless from any liability to third parties arising out of Buyer's failure to operate the Plant using Prudent Utility Practice. Upon Buyer's satisfaction 34 SANFRJI,,'" 90103 (2K) that Seller has the ability to operate the Plant III accordance with this Agreement, Seller shall resume operational control. Should Seller's Lender(s) refuse to finance the Plant, or materially condition such financing, solely as a result of this Section' 7.6, and Seller gives Buyer written notice of such refusal to finance, Buyer shall have the following options: (1) terminate this Agreement without liability of one Party to the other; (2) renegotiate this Section 7.6 with Seller and Lender(s) in a manner mutually acceptable; (3) delete this Section 7.6 in its entirety (which deletion will not require Seller's additional consent); or (4) arrange for financing for the Plant under materially equivalent terms and conditions as the Lender(s) were prepared to provide but for this Section 7.6. If Buyer fails to elect and complete one of these options within sixty (60) days of written notice from Seller, Seller shall have the right to terminate this Agreement without liability of one party to the other. ARTICLE VIII REPRESENTATIONS AND WARRANTIES 8.1 Seller's Representations and Warranties Seller represents and warrants to Buyer that as of the date of execution of this Agreement: (i) Seller IS duly organized and validly existing as a limited liability company under the laws of Delaware, and has the lawful power to engage in the business it presently conducts and contemplates conducting in this Agreement and Seller is duly qualified in each jurisdiction wherein the nature of the business transacted by it makes such qualification necessary; (ii) Seller has the legal power and authority to make and carry out this Agreement and to perform its obligations hereunder; all such actions have been duly authorized by all necessary proceedings on its part. As of the date of execution hereof, (a) the Plant shall on the Commercial Operation Date be a "qualifying small power production facility" as that term is defined in Section 3(17)(C) of the Federal Power Act, and will 35 SANFRAN 90103 (2K) possess all of the exemptions from regulation provided in 18 CFR Sections 292.601(c) and 292.602; and (b) this Agreement is not required to be filed with FERC and no approval (except with respect to "qualifYing small power production facility" status) with respect to this Agreement is required from FERC. In the event that the Plant is not a IIqualifYing small power production facility" on the Commercial Operation Date or any date thereafter, Seller shall make appropriate filings under the Federal Power Act within sixty (60) days so as to comply with applicable law, subject at all times to the provisions of Article IX of this Agreement; (iii) The execution, delivery and performance of this Agreement by Seller will not conflict with its governing documents, any applicable laws, or any covenant, agreement, understanding, decree or order to which Seller is a party or by which it is bound or affected; (iv) This Agreement has been duly and validly executed and delivered by Seller and, as of the date first set forth herein, constitutes a legal, valid and binding obligation of Seller, enforceable in accordance with its terms against Seller, except to the extent that its enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the rights of creditors generally or by general principles of equity; and (v) There are no actions, suits, proceedings or investigations pending or, to the knowledge of Seller, threatened in writing against Seller, at law or in equity before any Governmental Authority, which individually or in the aggregate are reasonably likely to have a materially adverse effect on the business, properties or assets or the condition, financial or otherwise, of Seller, or to result in any impairment of Seller's ability to perform its obligations under this Agreement. 8.2 Buyer Representations and Warranties Buyer represents and warrants to Seller that as of the date of execution of this Agreement: (i) Buyer is The City of Palo Alto, a chartered city and municipal corporation, duly organized and validly existing, and has the lawful 36 SANJ1RA,'1 90103 (2K) power to engage in the business it presently conducts and contemplates conducting in this Agreement and Buyer is duly qualified in each jurisdiction wherein the nature of the business transacted by it makes such qualification necessary; (ii) Buyer has the legal power and authority to make and carry out this Agreement and to perform its obligations hereunder and all such actions have been duly authorized by all necessary proceedings on its part; (iii) The execution, delivery and performance of this Agreement by Buyer will not conflict with its governing documents, any applicable laws or any covenant, agreement, understanding, decree or order to which Buyer is a party or by which it is bound or affected; (iv) This Agreement has been duly and validly executed and delivered by Buyer and, as of the first date set forth herein, constitutes a legal, valid and binding obligation of Buyer, enforceable in accordance with its terms against Buyer, except to the extent that its enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the rights of creditors generally or by general principles of equity; and (v) There are no actions, suits, proceedings or investigations pending or, to the knowledge of Buyer, threatened in writing against Buyer, at law or in equity before any Governmental Authority, which individually or in the aggregate are reasonably likely to have a materially adverse effect on the business, properties or assets or the condition, financial or otherwise, of Buyer, or to result in any impairment of Buyer's ability to perform its obligations under this Agreement. ARTICLE IX NO CHANGE TO RATES, TERMS OR CONDITIONS 37 SANFRAN 90103 (2K) The Parties intend that the standard of review for changes to any rate, charge, classification, term or condition of this Agreement at FERC shall be the most stringent standard permissible under applicable law. As to the Parties, it is understood that the standard is the "Mobile-Sierra public interest" standard of review, as stated by the United States Supreme Court in Morgan Stanley Capital Group Inc. v. Public Utility District No.1 o/Snohomish County, 554 U.S. (2008). As to all other persons it is intended that the same standard, as may be made applicable to other than the Parties, apply, as stated by FERC in Modesto Irrigation District, Docket No. EL03-159-004, 125 FERC,-r 61,174, para. 15 (Order Denying Rehearing, November 14, 2008). ARTICLE X MISCELLANEOUS 10.1 Assignment The rights and obligations of this Agreement may not be assigned by either Party without the prior written consent of the other Party, which consent shall not be unreasonably withheld or delayed. Notwithstanding the foregoing, Seller may use subcontractors without Buyer's consent to comply with the terms of this Agreement provided that notwithstanding the use of said subcontractors, Seller shall remain responsible for all its obligations under this Agreement. Buyer may furthermore use any agent it so designates for scheduling and billing purposes, so long as Buyer remains responsible for all of its obligations under this Agreement. Any purported assignment of this Agreement in the absence of the required consent, except as provided in 10.2, shall be void. 10.2 Financing Notwithstanding Section 10.1, Seller may, without the consent of Buyer, collaterally assign its rights under this Agreement to Lenders as collateral security in connection with any financing of the purchase or operation of the Plant, provided that such Lender( s) or its designee agree( s) in writing that upon assuming any of Seller's prospective rights under this Agreement, such Lender also shall be bound by all of Seller's prospective obligations under this Agreement. Notwithstanding any such assignment, Seller's obligations under this Agreement shall continue in their entirety in full force and effect and 38 SANFRAN 90!O3 (2K) Seller shall remain fully liable for all of its obligations under or relating to this Agreement. Each such collateral assignment and any purchaser or transferee shall be subject to Buyer's rights and defenses hereunder and under applicable law. Seller shall provide prior written notice to Buyer at least seven (7) days prior to any such collateral assignment. In order to facilitate the obtaining of financing of the Plant, Buyer shall execute, upon request, a commercially reasonable consent to assignment, with respect to a collateral assignment hereof to Lenders in connection with the documentation of the financing or refinancing for the Plant. Any assignment in violation of this Agreement shall be void, ab initio. Buyer shall consider in good faith any amendments to this Agreement proposed by Seller which relate to financing of the Plant or other amendments requested by Seller in order to receive or maintain financing from Lenders. 10.3 Notices Any notice, demand, request, or communication required or authorized by this Agreement shall be delivered either by hand, facsimile, overnight courier or mailed by certified mail, return receipt requested with postage prepaid, to: The City of Palo Alto 250 Hamilton Avenue, Seventh Floor Palo Alto, CA 94301 Attention: City Clerk Telecopier: (650) 329-2646 on behalf of Buyer; with a copy to: SANFRAN 90103 (2K) The City of Palo Alto 250 Hamilton Avenue, Eighth Floor Palo Alto, CA 94301 Attention: Senior Assistant City Attorney / Utilities Telecopier: (650) 329-2646 39 and to: The City of Palo Alto 250 Hamilton Avenue, Third Floor Palo Alto, CA 94301 Attention: Director of Utilities Telecopier: (650) 321-0651 and to: Northern California Power Agency 651 Commerce Drive Roseville, CA 95678 Attention: Power Contracts Administrator Telecopier: (916) 781-4255 and to: SANFRAN 90103 (2K) Ameresco Johnson Canyon LLC c/o Ameresco, Inc. 111 Speen Street, Suite 410 Framingham, MA 01701 Attention: General Counsel Telecopier: (508) 661-2201 Telephone: (508) 661-2200 40 with a copy to: Ameresco Johnson Canyon LLC c/o Ameresco, Inc. 111 Speen Street, Suite 410 Framingham, MA 01701 Attention: Vice President, Renewable Energy Telecopier: (508) 661-2201 Telephone: (508) 661-2200 on behalf of Seller. The designation and titles of the person to be notified or the address of such person may be changed at any time by written notice delivered in the manner set forth in this Section 10.3. Any such notice, demand, request, or communication shall be deemed received (i) if delivered by hand by a Party or sent by facsimile or (ii) upon receipt by the receiving Party if sent by courier or U.S. mail. 10.4 Captions All titles, subject headings, section titles and similar items are provided for the purpose of reference and convenience and are not intended to be inclusive, definitive or to affect the meaning of the contents or scope of the Agreement. 10.5 No Third Party Beneficiary No provision of the Agreement is intended to, nor shall it in any way, inure to the benefit of any customer, property owner or any other third party, so as to constitute any such Person a third-party beneficiary under the Agreement, or of anyone or more of the terms hereof, or otherwise give rise to any cause of action in any Person not a Party hereto. 10.6 No Dedication No undertaking by one Party to the other under any prOVISIon of the Agreement shall constitute the dedication of that Party's system or any portion 41 SANFRAN 90103 (2K) thereof to the other Party or to the public or affect Seller as an independent entity and not a public utility. 10.7 Entire Agreement; Integration This Agreement, together with all Appendices attached hereto, constitutes the entire agreement between the Parties and supersedes any and all prior oral or written understandings. No amendment, addition to or modification of any provision hereof shall be binding upon the Parties, and neither Party shall be deemed to have waived any provision or any remedy available to it, unless such amendment, addition, modification or waiver is in writing and signed by a duly authorized officer or representative of the Parties. 10.8 Applicable Law The Agreement is made in the State of California and shall be interpreted and governed by the laws of the State of California and/or the laws of the United States, as applicable. 10.9 Venue The Parties hereby submit to the exclusive jurisdiction of the federal courts for the Northern District of the State of California; provided, however, that if such federal courts sitting in the Northern District of the State of California refuse jurisdiction, the Parties agree to the exclusive jurisdiction of the state courts sitting in the County of San Francisco, State of California. 10.10 Nature of Relationship The duties, obligations and liabilities of the Parties are intended to be several and not joint or collective. The Agreement shall not be interpreted or construed to create an association, joint venture, fiduciary relationship or partnership between Seller and Buyer or to impose any partnership obligation or liability or any trust or agency obligation or relationship upon either Party. Seller and Buyer shall not have any right, power or authority to enter into any agreement or undertaking for, or act on behalf of, or act as or be an agent or representative of or otherwise bind the other Party. 42 SANFRAN 90103 (2K) 10.11 Good Faith and Fair Dealing; Reasonableness The Parties agree to act reasonably and in accordance with the principles of good faith and fair dealing in the perfonnance of this Agreement. Unless expressly provided otherwise in this Agreement, (i) wherever the Agreement requires the consent, approval or similar action by a Party, such consent, approval or similar action shall not be unreasonably withheld or delayed, and (ii) wherever the Agreement gives a Party a right to detennine, require, specify or take similar action with respect to matters, such detennination, requirement, specification or similar action shall be reasonable. 10.12 Severability Should any provision of the Agreement be or become void, illegal or unenforceable, the validity or enforceability of the other provisions of the Agreement shall not be affected and shall continue in full force and effect. The Parties will, however, use their best endeavors to agree on the replacement of the void, illegal, or unenforceable provision(s) with legally acceptable clauses which correspond as closely as possible to the sense and purpose of the affected provision. 10.13 Confidentiality All infonnation disclosed by Seller, including without limitation all engineering documents, designs, specifications and financial infonnation, shall be kept confidential and shall not be disclosed to any third party except as provided in this Section 10.13. Buyer acknowledges Seller's request to hold all infonnation regarding this Agreement confidential. Buyer shall disclose such infonnation to third parties only to the extent required by California law (including, without limitation, the California Constitution, the California Public Records Act and the Brown Act). Notwithstanding the foregoing, either Party may disclose this Agreement to SVSW A or its representatives, the Northern California Power Agency or its representatives, or to Lenders or potential Lenders or their representatives; provided that prior to such disclosure, the recipient shall agree in writing to keep the material confidential under tenns no less stringent than as set forth in this Section 10.13. Buyer also shall be pennitted to disclose this Agreement and related infonnation to the City Council of Palo Alto and/or the City Council for the express purpose of obtaining approval to execute this Agreement; provided that in connection 43 SANFRAN 90103 (2K) with such disclosure Buyer shall only disclose such information to the extent required by California law (including, without limitation, the California Constitution, the California Public Records Act and the Brown Act). Each Party shall be bound by its obligations of confidentiality hereunder for a period of two (2) years from expiration or any earlier termination of this Agreement. Notwithstanding anything to the contrary in this Section 10.13, nothing shall restrict any Party from using or disclosing confidential information in any manner it chooses which (i) is or becomes generally available to the public other than as a result of a disclosure directly or indirectly by the disclosing Party or its representative; (ii) was within the using or disclosing Party's possession prior to it being furnished hereunder, provided that such information is not subject to another confidentiality agreement with, or other contractual, legal or fiduciary obligation of confidentiality to, any other party with respect to such information; (iii) is rightfully obtained by a Party from third parties authorized to make such disclosure without restriction; or (iv) is legally required to be disclosed by judicial or other governmental action as determined by such Party's attorney acting in good faith (including, but not limited to, the California Constitution, the California Public Records Act and the Brown Act), provided that prompt notice of said judicial or other governmental action shall have been given to the non-disclosing Party and that the non-disclosing Party shall, at its sole cost and expense, be afforded the opportunity (consistent with the legal obligations of the disclosing Party) to exhaust all reasonable legal remedies to maintain the confidential information in confidence. 10.14 Cooperation The Parties agree to reasonably cooperate with each other in the implementation and performance of the Agreement. Such duty to cooperate shall not require either Party to act in a manner inconsistent with its rights under the Agreement. 10.15 Counterparts This Agreement may be executed in two or more counterparts and by different Parties on separate counterparts, all of which shall be considered one and the same agreement and each of, which shall be deemed an original. {signature page follows} 44 SANFRAN 9O!O3 (2K) IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed as of the day and year first above written. AMERESCO JOHNSON CANYON LLC THE CITY OF PALO ALTO By Ameresco, Inc., its sole member APPROVAL AS TO FORM: By: By: Name: Michael T. Bakas Name: Grant Kolling Title: Vice President Title: Senior Assistant City Attorney Date: Date: CITY OF PALO ALTO CITY OF PALO ALTO APPROVAL BY ADMINISTRATIVE SERVICES APPROVAL BY UTILITIES DIRECTOR DIRECTOR By: By: Name: Lalo Perez Name: Valerie o. Fong Title: Administrative Services Director Title: Utilities Director Date: Date: CITY OF PALO ALTO CITY OF PALO ALTO APPROVAL BY CITY MANAGER APPROVAL BY MAYOR: By: By: Name: James Keene Name: Peter Drekmeier Title: City Manager Title: Mayor Date: Date: 45 SANFRAN 90103 (2K) COMMONWEALTH OF MASSACHUSETTS COUNTY OF MIDDLESEX ) ) ) SS On this day of , 2008, before me, the undersigned notary public, personally appeared , as the of Ameresco, Inc., a Delaware corporation, the sole member of Ameresco Johnson Canyon LLC, a Delaware limited liability company, proved to me through satisfactory evidence of identification, which was , to be the person whose name is signed on the preceding document, and acknowledged to me that he signed the preceding document voluntarily for its stated purpose as _________ of Ameresco, Inc., a Delaware corporation, the sole member of Ameresco Johnson Canyon LLC, a Delaware limited liability company. My Commission expires _______ ---'- Notary Public 46 SANFRAN 90 I 03 (2K) APPENDIX A SITE DRAWINGS Seller shall provide to Buyer final Site Drawings prior to the Commercial Operation Date. 47 SANFRAN 90103 (2K) APPENDIXB FORM OF ATTESTATION Ameresco Johnson Canyon LLC Environmental Attribute Attestation and Bill of Sale Ameresco Johnson Canyon LLC ("Ameresco") hereby sells, transfers and delivers to ("Customer") -------~---~~---~-~-~-~~~---the Environmental Attributes and Environmental Attribute Reporting Rights associated with the generation of the indicated energy for delivery to the grid (as such term( s) are defmed in the _____________ (identifY contract) (the "Contract') dated 20 between Ameresco and Customer) arising from the generation for delivery to the grid of the energy by the Facility described below: Facility name and location: Fuel Type: Capacity (MW):_ Operational Date: ____ _ (for facility that has added renewable capacity, show operational date and amount of new capacity) As applicable: CEC Reg. no. _ Energy Admin. m no. Q.F. m no. _ MWhrs generated 20 -------______ 20 20 ------- in the amount of one Environmental Attribute or its equivalent for each megawatt hour generated; and Ameresco further attests, warrants and represents as follows: i) to the best of its knowledge, the information provided herein is true and correct; ii) its sale to Customer is its one and only sale of the Environmental Attributes and associated Environmental Attribute Reporting Rights referenced herein; iii) the Facility generated and delivered to the grid the energy in the amount indicated as undifferentiated energy; and [check one:] iv) Ameresco owns the Facility. iv) to the best of Ameresco's knowledge, each of the Environmental Attributes and Environmental Attribute Reporting Rights associated with the generation of the indicated energy for delivery to the grid have been generated and sold by the Facility. This serves as a bill of sale, transferring from Ameresco to Customer all of Ameresco's right, title and interest in and to the Environmental Attributes and Environmental Attribute Reporting Rights associated with the generation of the energy for delivery to the grid. Contact Person: _______ tel: 1-508-661-2200; fax: 1-508-661-2201 WITNESS MY HAND, SANFRAN 90103 (2K) AMERESCO JOHNSON CANYON LLC By: Ameresco, Inc., its sale member By Its Date: 8-1 48 APPENDIXC INSURANCE COVERAGES At its own expense, Seller shall secure and maintain during the Term the following insurance with the coverage amounts indicated for occurrences during and arising out of Seller's performance of this Agreement. Such insurance shall be placed with responsible and reputable insurance companies in compliance with Requirements of Law applicable to Seller. 1. Workers' CompensationlEmployer's Liability. Seller shall maintain Workers' Compensation Insurance and Employer's Liability Insurance which comply with Requirements of Law applicable to Seller. 2. Automobile Liability. Seller shall maintain Automobile Liability Insurance in compliance with Requirements of Law applicable to Seller, including coverage for owned, non-owned and hired automobiles for both bodily injury (including death) and property damage, including automobile liability contractual endorsement and uninsured/underinsured motorist protection endorsements. 3. Third Party Liability. Seller shall maintain third party liability insurance in compliance with Requirements of Law applicable to Seller on a project-specific basis covering against legal responsibility to others as a result of bodily injury, property damage and personal injury arising from the operation and maintenance of the Plant. Such policy shall be written with a limit of liability not less than $10,000,000 and a deductible not to exceed $10,000. Such liability may be in any combination of primary and excess/umbrella. Coverage shall include, but not be limited to, premises/operations, explosion, collapse, underground hazards, broad form property damage and personal injury liability. Such coverage shall not contain exclusions for punitive or exemplary damages. 49 SANFRAN 90103 (2K) APPENDIXD SCHEDULING PROTOCOLS 1. Prior to three (3) workdays before the end of a month, Seller is to provide to NCPA and Buyer a monthly forecast of loads and/or generation for the following month. At a minimum, monthly forecasts will be hourly kilowatt (kW) values by weekday, Saturday, and SundaylHoliday. 2. No later than 14:00 each Thursday, Seller is to provide a forecast of loads and/or generation for the following week to the extent different from the monthly forecast in Paragraph 1. Weekly forecasts will be hourly kW values for each hour of the week. 3. Daily modifications to forecasts. Unless otherwise mutually agreed, Seller may make changes to the Weekly forecast by providing such changes to NCP A prior to 08:00 two (2) workdays before the active scheduling day. a. Example: For power that is scheduled for generation or delivery on Thursday, March 29, changes must be submitted to NCPA no later than 08:00 on Tuesday, March 27. 4. Hourly modifications to active schedules. Unless otherwise mutually agreed, Seller may make changes to active schedules by providing such changes to NCP A with a minimum of 4 hours notice before the active hour to be changed. Changes to active schedules are limited to two (2) changes per day, excluding forced outages, unless otherwise agreed to between the parties. One request for a schedule change, of one hour or multiple hours duration, constitutes one schedule change. a. Example: For power that is scheduled for generation or delivery in hour ending 15:00 (for the period from 14:01 to 15:00), changes must be submitted to NCPA no later than 11 :00. 5. NCPA is to be notified of all planned or forced generation outages. 6. At Seller's request, NCPA will modify generation and load schedules for unforeseen circumstances in accordance with the above scheduling timeline constraints and NCP A Schedule Coordination Agreement. 50 SANFRAN 90103 (2K) 7. All notices and schedules are to be submitted to NCP A by phone, fax or email to the following persons: ChiefDispatcherlScheduler. 8. In the absence of forecasts and schedules as noted above, NCPA will utilize the most current information provided by Seller in the development and submission of schedules. 51 SANFRAN 90103 (2K) EXAMPLE FORM OF DAY-AHEAD SCHEDULE For: June __ ,2008 Hour Ended: Expected Capability ............. - 1 2 1 4 5 ti 7 g 9 10 ] ] 12 11 14 15 16 ! 17 L.........-......... If( 19 ')0 71 n i 71 24 Expected Daily Temperatures, F Low High Contact Information: Scheduling Coordinator: Facility: CITY: SANFRAN 90103 (2K) APPENDIXE PERFORMANCE TEST The Seller shall coordinate and schedule, with Buyer, a Performance Test after completion of all equipment startup and commissioning activities. This performance test may be performed before completing punch list items. Buyer shall be permitted to witness the Performance Test, including access to and copies of control room logs, control system display screens, and instrumentation data for a reasonable period of time before, during and after the Performance Test, and may also concurrently conduct a site inspection of the Landfill and Plant and associated facilities, systems and equipment. Seller shall supply a written copy of the Performance Test results to both Buyer within five (5) business days following the conclusion of the test. The Performance Test shall continue for one hundred twenty (120) consecutive hours (the "Test Period") to demonstrate the following: 1) Net Generator Output: The power output for each generator shall be recorded for the Test Period to verify the net initial capacities. This Performance Test shall be performed for all engine/generators simultaneously and will be considered successful if the average net output for the Test Period is equal to eighty percent (80%) of the net Initial Capacity designated in this Agreement. All power measurements shall be based on a power factor of 0.90. 2) Compliance: The Performance Test shall also demonstrate the ability of the Plant to comply with all material safety, system reliability, environmental, and other requirements of its permits, this Agreement, any interconnection agreements, and the LFG Agreement. SANFRAN 90!O3 (2K) 53 APPENDIXF SELLER'S SAMPLE QUARTERLY FINANCIAL STATEMENT Balance Sheets December 31,2006 and 2007 ASSETS Current assets: Cash and cash equivalents Restricted cash Accounts receivable Prepaid and other current assets Total current assets Other assets: Project assets, net Due from member Debit issuance costs, net Total other assets LIABILITY AND MEMBER'S EQUITY Current liabilities: Current portion of long-term debt Accounts payable Accrued expenses Total current liabilities Long-term liabilities: Long-term debt, less current portion Deferred tax liabilities Total long-term liabilities Member's equity SANFRAN 90103 (2KJ 54 Statements of Operations Years Ended December 31, 2006 and 2007 Revenues: Electricity Sales Costs of revenue: Operation and maintenance Depreciation of project assets Gross profit (loss) Operating expenses: Seiling, general and administrative Operating income (loss) Interest and other financing costs Income (loss) before tax benefit (provision) Income tax benefit (provision) Net income (loss) SANFRAN 90103 (2K) Statements of Cash Flows Years Ended December 31,2006 and 2007 Cash flows from operating activities: Net income (loss) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization Amortization of deferred issuance costs Deferred taxes Change in assets and liabilities: (Increase) decrease in: Accounts receivable Prepaid expenses Accounts payable Due to (from) member Net cash provided by operating activities Cash flows from investing activities: Accounts payable relating to construction activity Accrued expenses relating to construction activity Purchase of project assets Net cash used in investing activities Cash flows from financing activities: Increase in restricted cash Capital contributions Distributions to member Proceeds from debt issuance Debt issuance costs Net cash provided by financing activities Net increase in cash and cash equivalents Cash and cash equivalents, beginning of year Cash and cash equivalents, end of year Supplemental disclosure of cash flow information: Cash paid during the year for: Interest Income taxes Supplemental disclosure of noncash transactions: Accrued purchases of project assets SANFRAN 90103 (2K) ATTACHMENT D DRAFT -Excerpted Minutes from July 21, 2009 Finance Committee Meeting 3: Adoption of a Resolution Approving the Ameresco Johnson Canyon Landfill Gas Renewable Energy Power Purchase Agreement for the Acquisition of Up to Two Average Megawatts of Energy Over Twenty Years at an Estimated Cost Not to Exceed $30 Million Utilities Senior Resource Originator Torn Kabat provided a presentation about Palo Alto's locally adopted Renewable Portfolios Standard (RPS) and the Arneresco Johnson Canyon Power Purchase Agreement (PP A) under consideration. The presentation included: • Background on the locally adopted RPS target of 33% renewables by 2015 within a Y2 cent per kWh retail rate impact limit • Calculation of an allowable $5,000,000/year green resource cost premium (112 cent times annual sales of I billion kWh). • Progress to date on acquiring resources to ultimately meet the 33% renewable resource target by 2015. • Recently rising cost premiums paid for renewable resources implicit in both historic and current proposals. • State regulatory and legislative developments driving up the cost of renewables and the State calculation of a benchmark Market Price Referent that forms a renewable proposal price clustering point. • Details of the proposed Johnson Canyon landfill gas power plant and the associated PPA to sell power to Palo Alto. • Details of future project expansion opportunities and obligations if Ameresco is able to price expansion output at 85% of the Market Price Referent with the price capped at 15 cents per kWh. • Beyond the Johnson Canyon proposal, Palo Alto is still pursing renewables to meet about 12% of its load by 2015. (About 10 times as much as the Johnson Canyon initial output.) Kabat pointed out that the proposal carne through the City'S 2009 Request for Proposal process and is among 6 currently being negotiated by a team of staff from Utilities, ASD, and the City Attorneys office. Kabat noted that the proposed PP A was with Ameresco, with which Palo Alto has 4 other contracts for renewable energy from landfill energy projects. Staff also provided a table showing each committed renewable resource and how much of the $5 million per year allowed green premium is consumed for each. The table showed the Johnson Canyon project will cost about $636,000 per year more than an equivalent amount and shape of regular "brown" market power, consuming $636,000 of the $5,000,000 per year allowed green premlUm. Council Member Schmid pointed out that the Johnson Canyon proposal and others currently available to us are priced at about two times the current brown energy price, and that it might be a good time to look at the divergence of the two markets and the use of the Y2 cent premium. Chair Burt suggested that staff produce more metrics for Council to consider when developing policies. Metrics may include: • QualifYing Renewable Portfolio Percentage (like our 18% current amount) • Qualifying renewables plus our large hydroelectric resources, which provide 50% of the energy used in an average hydro year. (18% + 50% =68%) • Add in customers' voluntary PaloAltoGreen percent ofload (68% + 6% 74%) He suggested we may need a tool to help people understand how one neighbor getting the regular Palo Alto power may be getting 68% non carbon power while another neighbor subscribing to PaloAltoGreen product may be getting 68% non carbon electricity plus renewable attributes covering all 100% of their electric consumption. Burt remarked that reducing energy usage also helps meet the RPS goals by reducing load. He suggested looking at how much a 10% load reduction would help to meet the 33% goal. He pointed out that a more aggressive energy efficiency strategy could reduce customer bills if efficiency cost less than renewables on a per kWh basis. Utilities Director Valerie Fong said staff will bring this type of policy comparison to the UAC for discussion. Council Member Morton complimented staff on laddering in a good mix of renewable resources over the years with a mix of prices that are influenced by the markets surrounding us. MOTION: Council Member Morton moved seconded by Council Member Burt to recommend that Council adopt a resolution approving the Power Purchase Agreement (PP A) with Ameresco 10hnson Canyon LLC, a Delaware limited liability company. Additionally, for this agreement, to recommend the Council waive the application of the investment-grade credit rating requirement of Section 2.30.340( d) of the Palo Alto Municipal Code to this transaction. MOTION PASSED 3-0 MOTION: Council Member Schmid moved, seconded by Chair Burt, to direct Staff to work with the UAC and then report back to the Finance Committee with a re-examination of the goals and the matrix that are being used in the alternate energy program as a second agendized item when the UAC discusses the Power Purchase Agreement with Ameresco 10hnson Canyon, LLC with the CounciL MOTION PASSED: 3-0 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: CITY MANAGER'S OFFICE DATE: AUGUST 3, 2009 CMR: 341:09 REPORT TYPE: Consent SUBJECT: Appointment of Lalo Perez as City Manager Pro Tem For the September 14, 2009 City Council Meeting RECOMMENDATION The City Manager recommends that the City Council appoint Lalo Perez as City Manager Pro Tern for the September 14, 2009 City Council meeting. BACKGROUNDIDISCUSSION Article IV, Section 9 of the City Charter provides in relevant part that "[i]n the absence ... of the city manager and the assistant city manager ... the council shall appoint a city manager pro tern who shall possess the powers and discharge the duties of the city manager during such absence " The City Manager will be attending the International City/County Management Association annual national conference, and will not be available for the September 14 City Council meeting. The City Manager is recommending that the Council appoint Administrative Services Director Lalo Perez to serve as City Manager Pro Tern in his absence. Mr. Perez has the knowledge and skills to serve in this capacity for this meeting. RESOURCE IMPACT The appointment of a City Manager Pro Tern will have no resource impact to the City. CITY MANAGER: CMR:341:09 Page 1 of 1 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: COMMUNITY SERVICES DATE: AUGUST 3, 2009 CMR: 306:09 REPORT TYPE: CONSENT SUBJECT: Adoption of a Park Improvement Ordinance for the Renovation of Lytton Plaza -Capital Improvement Program Project PE-08004j Approve an Agreement with the Friends Of Lytton Plaza, L.L.C., for the Design, Construction and Installation of Park Facilities and Other Improvements at Lytton Plaza j and Adoption of an Ordinance Amending the Budget for Fiscal Year 2010 to Accept Donations and to Provide an Additional Appropriation in the Amount of $348,800 and Accept a Donation in the Same Amount From the Friends of Lytton Plaza, L.L.c., and to Allocate an Additional $50,000 From the Infrastructure Reserve for the City's Contribution (Not to Exceed $400,000) to Capital Improvement Program Project PE-08004 RECOMMENDATION Staff recommends that the Council: 1) Approve and adopt the attached Park Improvement Ordinance for improvements to Lytton Plaza, 202 University Avenue at Emerson Street (Attachment A). 2) Authorize the City Manager or designee to execute the attached agreement with the Friends of Lytton Plaza, L.L.C., for improvements located within Lytton Plaza, including the installation of new paving, water fountain, site amenities, landscaping and other improvements consistent with the Park Improvement Ordinance (Attachment B). 3) Approve the attached Budget Amendment Ordinance to accept and expend a $348,800 matching donation from the Friends of Lytton Plaza, LLC, and to augment the City's financial share of the partnership by $50,000 from the Infrastructure Reserve (to a new total City commitment of $400,000) for the benefit of equipment, amenities, landscaping, sidewalk replacement and other improvements at Lytton Plaza -CIP Project PE-08004 (Attachment C). BACKGROUND Lytton Plaza was conceived and built by local banker Bart Lytton in the early 1960's across Emerson Street from his bank for the purpose of holding art displays and promotional events for the bank. In the early 1970's, Lytton Savings and Loan was acquired by Great Western Saving and Loan Association. Shortly after purchasing Lytton Savings, Great Western expressed its CMR:306:09 Page 10f5 interest in selling the plaza property. In 1975, the City Council voted to purchase the property for $154,000, and the City took possession of the plaza in October 1975. Very little has been done to change the appearance of the plaza since it was purchased by the City. The donut-shaped planters and circular resting benches are original to the plaza and the flowering pear trees in the planters are severely root bound and in declining health. The plaza is frequently used as a staging area for displays during art and wine festivals, the annual May Fete Parade, and it recently served as a stage for bands during the World Music Day festival. The plaza has a proud history serving as a freedom of speech area since Vietnam War protests in the early 1970's. Situated at the head of University A venue, the plaza is considered an important gateway to the downtown business district. Rather than serving as a prime meeting and mingling place, however, the round planters and dilapidated amenities discourage visitors from sitting to enjoy lunch or to enjoy entertainers on the plaza. On June 16, 2008, the Council approved a letter of intent between the City and the Friends of Lytton Plaza to begin design of a renovated plaza (CMR: 281 :08). The Friends hired landscape architect Gary Laymon, of the Guzzardo Architectural Partnership in San Francisco, to create a design for the renovated plaza that will be appealing and welcoming. The renovation of the Plaza will include: demolition of the existing plaza and sidewalk surfaces demolition of existing stone wing walls along University A venue and Emerson Street removal of existing trees removal of existing lighting re-pavement of the plaza and adjoining sidewalks repositioning of the art piece Digital DNA installation of new lights, tables and benches installation a new fountain The intent of the new design is to make the plaza inviting to downtown visitors, merchants and neighbors, to provide a staging area for small concerts, storytelling and poetry events, and to provide a gathering place that is conducive to conversations and relaxing. This project was first introduced to the Park and Recreation Commission on September 23, 2007, during Oral Communications by Le Levy and Sunny Dykwel. Mr. Levy returned to the Commission at the October 23, 2007, regular meeting to make a full presentation. Mr. Levy presented conceptual plans for the renovation of the plaza and gathered input from the Commission on impacts to parking, social use of the park and ideas about re-Iandscaping and lighting the plaza. The final plaza design (Exhibit A of Attachment B) incorporates the comments and suggestions offered by the Commission and the public at that meeting. In addition to these presentations at Commission meetings, the Friends also gathered public comments at a public presentation on Lytton Plaza on Wednesday, May 28, 2008, at City Hall. CMR:306:09 Page 2 of 5 The proposed project has also undergone a full "Site and Design" review by the City's Architectural Review Board (ARB). The ARB reviewed the project for conformance with City design standards and aesthetical appropriateness for the area. The plans and design concepts for this project were reviewed by the Architectural Review Board at three separate meetings. The plans presented to the Council incorporate all of the suggestions presented by the ARB. The Park and Recreation Commission reviewed the project again on March 24, 2009, and voted unanimously to recommend to the City Council adoption of a park improvement ordinance for the project (Attachment E). Approved minutes from the Commission's meeting are also attached for reference (Attachment F). DISCUSSION Staff has worked cooperatively with the Friends to develop an agreement and right-of-entry to provide the Friends of Lytton Plaza, LLC exclusive access to the entire plaza and adjacent sidewalks during construction. The agreement specifies policy and procedural guidelines for the Friends of Lytton Plaza, LLC to follow regarding design, construction, safety, liability, and payment details. The agreement follows similar public/private partnership agreements that provide for authorized non-profit organizations to manage the improvement of City facilities. Other examples of such partnerships include the Friends of Heritage Park for the construction of a children's playground, Friends of the Children's Theatre for the construction of the Magic Castle, and an agreement with Perry-Arrillaga for the construction of a refreshment stand at the Baylands Athletic Center. Under the terms of the agreement, the Friends will deposit accumulated donations for the project ($348,800) into a City-designated account. The Friends' funds will be matched with the $350,000 in Capital Improvement Project funds that the Council approved for the project (CIP PE-08004). The Friends have solicited bids from qualified and State-licensed contractors. The selected contractor will be responsible for providing insurance and will indemnify the City and the Friends against certain risks. The insurance required is similar to the levels of protection normally required for City public works construction projects. The initial scope of work envisioned by the Capital Improvement Project was for the renovation of the plaza up to the edge of the existing sidewalk. When the project was reviewed by the Architectural Review Board, the Board recommended that the new paver material for the plaza be extended to the edge of the street curbs on University and Emerson Streets. Staff agreed that by using the same pavers over the sidewalk up to the edge of the curb, it would not only make the plaza appear larger, but the pavers would create a more welcoming appearance to the plaza. The cost for resurfacing the sidewalks along the two edges of the plaza will cost $50,000. There is an economy of scale in accomplishing this work while the rest of the plaza is being renovated. Staff has recommended that the City be responsible for the added cost of resurfacing the sidewalks. Staff therefore recommends that $50,000 from the Infrastructure Reserve be used to pay for this expense that was not part of the original CIP funding. The Friends have provided a time line for the project (Exhibit B of the Agreement) that show all phases and timing of the construction of the project, including staging, demolition, site preparation, construction, fencing and site clean-up. The Friends have also provided a detailed CMR:306:09 Page 3 of 5 budget that corresponds to the phased construction plan that demonstrates that all expenses for the project have been anticipated and adequately provided for (Exhibit C of the Agreement). The budget also includes a contingency amount (10%) to cover unforeseen construction or design expenses. The timeline and associated budget have been reviewed by staff to ensure that the project is viable and that the project can be successfully completed with minimal disruption to the downtown shopping area or merchants and plaza neighbors. Once the document is signed and approved, and all requirements met, the Friends will obtain all necessary building permits from the City. Upon obtaining any necessary building permits, the Friends will then commence construction activities. The City's Building Inspection Division will inspect the progress of the construction in order to ensure that the project is constructed safely and competently according to all codes and specifications. All construction work will be coordinated with the Utility Department to ensure that there is no adverse impact on utility infrastructure. If, for any reason, the Friends are unable to satisfactorily complete the project within the ten- month time period established by the agreement, the retained dedicated funds for the project will be used to allow the City to complete the project according to plans. RESOURCE IMPACT Partial funding for the City's share of the project is included in Capital Improvement Program Project -PE-08004 (Lytton Plaza Renovations): $50,000 for design services; $300,000 for construction services. Additional funding of $50,000 for sidewalk resurfacing, not originally a part of the CIP's scope of work, is requested from the Infrastructure Reserve. The $350,000 in Capital Improvement Project funds that were approved by the Council for this project, together with the $50,000 in funds from the Infrastructure Reserve, have been met by $348,800 in private contributions from the Friends of Heritage Plaza, LLC. Funds for this project are included in Capital Improvement Program Project -PE-08004 (Lytton Plaza Renovation) approved in FY 2006-08 for $350,000 (Attachment D). Construction costs for the entire project will total $637,272. An additional $63,728 (10%) has been added for contingency costs. An amount not to exceed $50,000 has been allocated for design, engineering and surveying expenses. The total cost of the project, therefore, is $748,800. In addition to the $350,000 previously approved by Council, and the $$348,800 contributed by the Friends, a Budget Amendment Ordinance in the amount of $50,000 is needed to increase the appropriation to this project. This additional appropriation will be funded by the Infrastructure Reserve. The annual cost for maintaining and operating the plaza is estimated at $6,000. This cost is approximately the same as the maintenance of the existing plaza and irrigation system. New lighting fixtures will be much more energy efficient than the existing lights. Landscaping has been designed to minimize the use of water for irrigation. The cost of operating a water fountain is estimated at $2,000 per year. CMR:306:09 Page 4 of5 POLICY IMPLICATIONS This project is consistent with the City's approved public/private partnership policy as a "joint partnership project." This report does not represent any change to existing City policies. The proposed project is consistent with existing City policy, including Policy C-26: Maintain and enhance existing park facilities. ENVIRONMENT AL REVIEW This project has been determined to have no significant effect on the environment and to be categorically exempt from review under the California Environmental Quality Act (CEQA) as repair and maintenance of existing streets and similar facilities pursuant to CEQA Guidelines, Section 15301 (c). ATTACHMENTS Attachment A: Attachment B: Exhibit A: Exhibit B: Exhibit C: Exhibit D: Attachment C: Attachment D: Attachment E: Attachment F: PREPARED BY: Park Improvement Ordinance Agreement (including exhibits) Descriptions of the Site Construction and Installation Schedule Itemized Budget for the Project Insurance Requirements for the Project Budget Amendment Ordinance Capital Improvement Project PE-08004 Description Staff report to the Park and Recreation Commission, March 24, 2009 Minutes from the Park and Recreation Commission, March 31, 2009 Interim Director Community Services CITY MANAGER APPROV AL: ____ j)---ib...::::....---()~~-':::::( (::::~~-~ .. ~~'=== ...... ==---__ JAME~E City Manager CMR:306:09 Page 5 of 5 ORDINANCE NO. __ ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO APPROVING AND ADOPTING A PLAN FOR IMPROVEMENTS TO LYTTON PLAZA The Council of the City of Palo Alto does ORDAIN as follows: SECTION 1. Findings. The City Council finds and declares that: (a) Article VIII of the Charter of the City of Palo Alto and Section 22.08.005 of the Palo Alto Municipal Code require that, before any substantial building, construction, reconstruction or development is commenced or approved, upon or with respect to any land held by the City for park purposes, the Council shall first cause to be prepared and by ordinance approve and adopt a plan therefor. (b) Lytton Plaza is dedicated to park, playground, recreation or conservation purposes. (c) The City intends to authorize the construction of certain plaza improvements within Lytton Plaza, as shown on the Lytton Plaza Plan (the "Plan"), attached as Exhibit "A": (l) Removal of existing concrete, stone walls, benches, paving materials, and lighting systems, and prepare the site for the construction and installation of new surface materials, benches, water fountain, landscaping and lighting. (2) Clearing of vegetation and trimming of existing shrubs and trees in accordance with City policies, as necessary. (3) Adjustment and restoration of existing planting and irrigation to accommodate the proposed improvement. (4) Construction and installation of sidewalks and retaining structures in accordance with the Plan. (5) Installation of site amenities, including, without limitation, benches, tables and planters, in accordance with the Plan. (d) The improvements at Lytton Plaza will be limited to the approximately 8,500 square feet of land that is bounded by the street curbing fronting on University Avenue and Emerson Street, the City Parking Lot P, and the private property located at 220 University Avenue, all of which constitutes the entirety of the Plaza. (e) The project improvements will avoid protected trees and other sensItIve resources, if any. In addition, existing park uses will be restored following the completion of project construction. 1 090728 Jb 0073114 (f) The project described above and as more specifically described in the Plan, attached hereto as Exhibit "A," is consistent with park and conservation purposes. (g) The Council desires to approve the project described above and as more specifically described in the Plan, attached hereto as Exhibit "A." SECTION 2. The Council hereby approves the Plan for the construction of the improvements at Lytton Plaza, and it hereby adopts the Plan, attached hereto as Exhibit "A," as part of the official plan for the construction of the park improvements at Lytton Plaza. SECTION 3. The Council finds that the project to construct the facilities at Lytton Plaza is subject to review under the California Environmental Quality Act. SECTION 4. date of its adoption. INTRODUCED: PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk APPROVED AS TO FORM: Senior Asst. City Attorney 090728 Jb 0073114 This ordinance shall be effective on the thirty-first day after the Mayor APPROVED: City Manager Director of Community Services Director of Administrative Services 2 Contract No. -------- AGREEMENT FOR THE DESIGN, CONSTRUCTION AND INSTALLATION OF FACILITIES AND OTHER CAPITAL IMPROVEMENTS AT LYTTON PLAZA Dated as of 2009 ____ 7 090728 j b 0072987 TABLE OF CONTENTS Purposes 4 2 Term 5 3 Use; Access to the Site 6 4 Consideration 6 5 Plan for Design, Construction and fnstallation 8 6 Construction and fnstallation of Faci lities 9 7 Maintenance and Repairs 10 8 As-Built Drawings II 9 Ownership of Fac ilities J I 10 Utility Service II II Insurance I I 12 Indemnity 13 13 Waiver 14 14 Assignment 14 15 Default; Remedies for Default 14 16 Notices 14 17 Miscellaneous Provisions 15 Exhibit "A" Description of the Site Exhibit "8" Construction and Installation Schedule for the Facilities Exhibit "c" Itemized Budget for the Facilities Exhibit "D" Insurance Requirements Contract No. _________ _ 090728 j b 0072987 2 AGREEMENT FOR THE DESIGN, CONSTRUCTION AND INSTALLATION OF FACILITIES AND OTHER CAPITAL IMPROVEMENTS AT LYTTON PLAZA This Agreement for the Design, Construction and Installation of Facilities and Other Capital Improvements at Lytton Plaza (the "Agreement"), dated, for convenience, , 2009 (the "Effective Date"), is made and entered into by and between the CITY OF PALO ALTO, a chartered California municipal corporation (the "CITY") and the FRIENDS OF LYTTON PLAZA PARK, LLC, a California limited liability company (the "FRIENDS") (individually, a "Party" and, collectively, the "Parties"), in reference to the following facts and circumstances: RECITALS: A. The CITY has designated as a city park under Palo Alto Municipal Code section 22.08.360 a 0.195 acre site commonly known as Lytton Plaza, bounded by University Avenue, Emerson Street, and the CITY's parking lot P in Palo Alto, California (the "Plaza"). B. The FRIENDS intends to benefit the CITY and the general public by designing, constructing and installing on the approximately 8,500 square feet of the Plaza (the "Site") a certain water fountain, benches, tables, planter containers and associated capital improvements and structures (the "Facilities"). The schematic description and site map of the Site is described in and attached hereto as "Exhibit A." A design, construction and installation schedule for the Facilities is included in "Exhibit B." C. The FRIENDS will design, construct and install the Facilities at substantially its own cost and expense. The CITY will grant to the FRIENDS an amount of funds not to exceed $400,000, which the FRIENDS will apply towards the acquisition and construction and installation costs of the Facilities. D. Upon the completion of the construction and installation of the Facilities, the FRIENDS will deliver possession of the Site to the CITY and it also will transfer all rights, title and interests in and to the Facilities to the CITY. E. Pursuant to the CITY's policy and procedures, the CITY is required to budget one percent of the construction costs of a CITY capital improvement project for public art in, among other places, parks and plazas. The CITY intends to allocate I % of the budget for the Facilities to the "Digital DNA" sculpture's (the "Sculpture") removal from and subsequent installation in the Plaza. IN CONSIDERA nON OF the foregoing recitals and the following covenants, terms and conditions, the Parties agree: AGREEMENT: 090728 jb 0072987 3 I. PURPOSES 1.1 The Parties acknowledge that the foregoing Recitals A through E are hereby ratified and approved, and are incorporated in this Agreement. The purposes of this Agreement are to: (a) grant the FRIENDS and its contractors, agents and representatives temporary access to the Site during the Term in order that the FRIENDS may construct and install, or cause the construction and installation of, the Facilities; (b) provide for the preparation by the FRIENDS, and the review and approval by the CITY, of the FRIENDS' plans, specifications and working drawings for the Facilities; (c) provide for the completion of construction and installation of the Facilities by the FRIENDS and its contractors, agents and representatives and the granting of the CITY's approval and acceptance of the Facilities; and (d) provide for the transfer of possession of the Site and all rights, title and interests in and to the Facilities to the CITY upon the completion of construction and installation of the Facilities. 1.2 Notwithstanding any provisions of this Agreement to the contrary, the FRIENDS shall not be responsible for any work of construction necessary to correct, remove, or repair any undiscovered pre-existing conditions under the Plaza, under the sidewalks adjacent to the Plaza, or under Parking Lot P. 1.3 In regard to the off-site improvements relating to the Facilities at the Plaza, the following will apply: (a) Notwithstanding any provisions of this Agreement to the contrary, the FRIENDS shall be responsible for the construction, installation, repair, or maintenance of any underground improvements or facilities that may be required to bring the necessary utility services to the Plaza, such as water lines, electrical service, storm drain lines connecting to existing underground lines, or any other above ground or underground off- site improvements or facilities (collectively "Off-Site Improvements") that may be required for the use of the Plaza and any of the Facilities, as described in Recital B above, that are constructed or installed, or caused to be constructed or installed, by the FRIENDS at the Site. The foregoing provision regarding the obligation of the Friends with respect to the Off-Site Improvements takes into account that, as of the Effective Date, there exist a water line, an electrical line, and a stonn drain connection to and at the Plaza. (b) The FRIENDS' general contractor will collaborate and otherwise coordinate with the CITY's contractor in the removal of the Sculpture, currently located in the Plaza, prior to the commencement of construction of the Facilities by the FRIENDS' general contractor. In that regard, the FRIENDS' general contractor will disassemble the Plaza's ground level flooring and then the CITY's contractor will remove and store the Sculpture during the period of construction, and make arrangements with 090728 jb 0072987 4 the CITY for the appropriate repair and restoration of the Sculpture prior to its subsequent installation at a new location in the Plaza. The footing of the Sculpture will be constructed to the completed footing, as may be required under the contract between the FRIENDS and its general contractor, subject to the cooperation and assistance with the CITY's contractor, by a date mutually agreed to by the Parties. 1.4 The CITY, at its sole cost and expense, will be responsible to perform any work of construction necessary to correct, remove, or repair any such undiscovered pre-existing conditions referred to in Section 1.2 above. 1.5 The FRIENDS, at its sole cost and expense, will be responsible for constructing the Off-Site Improvements referred to in Section 1.3(a) above. 1.6 For the purposes of this Agreement, the term "Facilities" will not include the work required to correct, repair, or remove any undiscovered pre-existing conditions or to perform any of the tasks relating to the Sculpture. 1.7 In the event the Site is destroyed by any cause that renders the Site unfit for the purposes described in Section 1.1 hereof, and its physical condition cannot be repaired within one hundred eighty (180) days from the date of destruction, then either Party may give written notice of termination of this Agreement, which will become effective thirty (30) days after the other Party's receipt of such notice. 1.8 Nothing in this Agreement will be construed to limit the CITY's right to temporarily revoke the authority of the FRIENDS or its contractors, agents and representatives to gain access to the Site for the purposes hereof in the event of an uncured default and breach of this Agreement by the FRIENDS or irrespective of any breach by the FRIENDS, in the interest of the public health, safety and welfare. 2. TERM 2.1 This Agreement shall be for a term of ten (10) months (the "Term"), commencing upon the Effective Date, when the Parties have duly executed and delivered this Agreement. If the completion of construction and installation of the Facilities is delayed for any reason beyond the reasonable control of the FRIENDS, then the Parties may agree, in writing, to extend the Term on a month-to-month basis, in order to permit the completion of construction and installation of the Facilities by the FRIENDS or its contractors, agents and representatives. Upon (a) the FRIENDS' completion of any punch-list items within the time specified in Section 6.7.5, (b) the CITY's determination that the FRIENDS have achieved full completion of the construction and installation work, and (c) the CITY's acceptance of the Facilities by written notice to the FRIENDS, this Agreement will expire or otherwise terminate without notice to either Party. The Term will not extend on or after July 1, 20 10. 3. USE; ACCESS TO THE SITE 3. I Subject to all covenants, terms and conditions hereof, the CITY hereby grants to the FRIENDS, its members, directors, officers, employees, consultants, contractors, agents and representatives the revocable, nonexclusive right to enter the Site 090728 jb 0072987 5 for the purposes hereof. No other rights, title or interests, including, without limitation, any estate, ownership, leasehold, easement or other property interest, in the Site is granted or intended to be granted by the CITY to the FRIENDS by this Agreement. 4. CONSIDERATION 4.1 The FRIENDS will obtain contributions from the community to defray substantially all of the costs and expenses of the design, construction and installation of the Facilities, excepting only those funds which the CITY will contribute pursuant to Recital C and Section 4.4, and excepting the cost to correct, repair, or remove any undiscovered pre-existing conditions, which are required for the operation and use of the Plaza. The contributions received by the FRIENDS will be used exclusively to pay for the services of a duly licensed landscape architect, a project manager, and any other individual whose services are reasonably required to complete the design and construction and installation of the Facilities, plus reasonably related project costs and expenses. The services of the foregoing individuals will be obtained by means of an informal competitive selection process conducted by the FRIENDS. The FRIENDS will deliver all funds and other financial contributions that it receives to the CITY, which will deposit such funds and other contributions in a CITY fund or account and will disburse accordingly, as described in Section 4.4. The FRIENDS will be obligated to pay any fee or charge for utility services rendered to the FRIENDS at the Site in connection with the Facilities' construction and installation. 4.2 The FRIENDS also will undertake a community outreach program to provide information to the businesses and residents in the neighborhood of the Plaza concerning the Facilities for the purpose of soliciting the input and support for the Facilities and construction work and to seek ways to mitigate, to the maximum extent possible, the loss of use of park facilities during the period of construction. As practicable, the FRIENDS will coordinate its construction and installation efforts at the Site with the surrounding neighboring businesses at the Plaza in connection with the construction and installation of the Facilities. 4.3 Prior to the commencement of construction and installation of the Facilities, the FRIENDS will furnish to the CITY's Director of Administrative Services evidence that assures the CITY there will be sufficient funds available from funds to be provided by the FRIENDS, funds raised by the FRIENDS in the community outreach program referred to in Section 4.2, and the funds contributed by the CITY pursuant to Recital B and Section 4.4 to complete the construction and installation ofthe Facilities by the FRIENDS and its contractors, agents and representatives. The term "sufficient funds" referred to in this Agreement means the total amount of all actual costs of construction and installation of the improvements, equ ipment, and structures that constitute the Facilities, as set forth in the FRIENDS' itemized budget, attached hereto and incorporated herein by reference as Exhibit "c." The budget wi II include an additional ten percent (10%) of the estimated total amount of all actual costs of the Facilities as a contingency to meet any unforeseen costs that may arise during the construction and installation of the F aci lities. 090728jb 0072987 6 4.3.1 Evidence of assurance will take the following form: Evidence of the deposit by the FRIENDS of the total amount of sufficient funds for the Facilities, as defined herein, into the separate account maintained by the CITY with disbursements from that account requiring the signatures of authorized representatives of the Parties will be furnished. At such times as the FRIENDS has currently payable invoices for the Facilities, the CITY will take the steps necessary to expedite its approval process so that funds can be disbursed from the account maintained by the CITY, which will be sufficient to satisty the FRIENDS's accounts payable. The CITY will use reasonable efforts to process the requests for payment in a manner which permits the FRIENDS to remain current on its obligations. The Director of Administrative Services, or designee, will be the CITY's representative for all purposes hereof. If this Agreement is terminated for any reason, before the expenditure of all the funds in the CITY's fund or account can occur, the CITY will be entitled to all rights, titles and interests in the funds; provided, however, the CITY will thereafter expend the funds only for the purpose of constructing and installing the Facilities, or part thereof, that is not completed at the effective date of termination. If any portion of the amount remains and is not disbursed following the completion of the Facilities, the remainder will be retained by the CITY and used to defray the costs of maintenance of the Facilities at the Site. 4.3.2 The account will be maintained in the name of the CITY in a form reasonably acceptable to the Director of Administrative Services. 4.4 As of the Effective Date, the CITY will establish (or has established) a Lytton Plaza Capital Improvement Project Fund account within the Capital Improvement Project budget for FY 2009-10 ("CPI PE-08004"), relating to the Facilities. Because the CITY is required by its policy and procedures to reduce its contribution to the Facilities' costs by the one percent for arts program expenditure, which will be used to pay for the CITY's contractor's services, the CITY will reduce its contribution to the FRIENDS in an amount not to exceed four hundred thousand dollars ($400,000.00) (drawn from CPI PE-08004) by a sum equal to the lesser of (a) three thousand five hundred dollars ($3,500.00) or (b) a sum equal to one percent of the difference between the FRIENDS' direct construction costs and the FRIENDS' design costs. For the purposes of illustrating the manner of calculating the amount referred to in Section 4.4(b), the following formula will be used: A -(.01 x [(B -A) -C), where A is the CITY's not-to-exceed contribution amount of $400,000, B is the positive difference between the FRIENDS' direct construction costs amount of $800,000 and the CITY's not-to-exceed contribution amount of $400,000, and C is the FRIENDS' design costs amount of$50,000. The amount of$396,500 is the maximum amount that the CITY will contribute to the FRIENDS for the costs of designing, constructing and installing the Facilities, which amount is calculated, as follows: $400,000 -(.01 x [$800,000 - $400,000] -$50,000) or $3,500. If the costs of the CITY's contractor services exceed $3,500, the CITY will not apply any amount in excess of $3,500 to further reduce the CITY's maximum contribution. 4.4.1 The CITY will administer and coordinate the receipt and disbursement of these funds, which will be expended for all costs and expenses related to the design and the construction and installation of the Facilities at the Site. No interest on the accumulated funds will be paid by the CITY. If, for any reason, the Parties determine 090728 Jb 0072987 7 not to commence the construction and installation of the Facilities at the Site, then the Parties will agree to share the cost of the design services relating to the Facilities. The CITY will be obligated to pay the FRIENDS the Jesser of one-half of the design costs or fifty thousand dollars ($50,000.00). 4.5 The CITY will issue permits, as required, and waive the obligation of the FRIENDS to pay any and all penn it-and permit-related fees and charges that are due and payable to the CITY's general fund with respect to the design and the construction and installation of the Facilities at the Site and any other related work to be performed by the FRIENDS in connection therewith; provided, however, the CITY will not waive the obligation of the FRIENDS to pay any rate, fee or charge that is due and payable to any of the CITY's enterprise funds for utility services that are rendered to the FRIENDS at the Site or the Plaza (other than the utility costs to be paid by the CITY pursuant to Section 1.2 with respect to any undiscovered pre-existing conditions or any Off-Site Improvements). 4.6 The CITY will provide staff support, inspection services and other assistance to the FRIENDS, UpO!1 reasonable request, in connection with the initiation and completion ofthe Facilities. 5. PLAN FOR DESIGN, CONSTRUCTION AND INSTALLATION 5.1 The FRIENDS will prepare or cause to be prepared final plans and specifications and working drawings (the "Plans") for the design and the construction and installation of the structures and improvements constituting the Facilities to be located at the Site, as described in Exhibit "A." The FRIENDS will concurrently submit the Plans to the CITY's Community Services Department, Planning and Community Environment Department and the Public Works Department as well as to the appropriate board and commissions, including, without limitation, the Parks and Recreation Commission, the Planning Commission, and the Council for review and approval. 5.2 The FRIENDS will obtain and maintain all CITY-issued permits and other authorizations required for the completion of the Facilities and will furnish to the CITY upon request during the construction and installation phases any and all financial and non-financial security deemed necessary and appropriate by the CITY, including, without limitation, evidence of insurance coverage, indemnity agreement, and lien waivers; the CITY will not require the FRIENDS to provide performance and payment bonds, provided that the CITY has first determined pursuant to Section 4.3 that there are sufficient funds available to complete the construction and installation of the Facilities by the FRIENDS and its contractors, agents and representatives. 6. CONSTRUCTION AND INSTALLATION OF FACILITIES 6.1 The FRIENDS will commence the design and the construction and installation within thirty (30) days after the Effective Date in accordance with the construction and installation schedule, as set forth in Exhibit "B." All construction and installation work will be conducted in an efficient and workmanlike manner in substantial compliance with the approved time schedule. The FRIENDS, at its cost and expense, 090728 jb 0072987 8 will arrange for the placement of a portable restroom at the Site during the Term and at any time that the FRIENDS and its contractors, agents and representatives will be performing work in regard to the Facilities. 6.2 The FRIENDS will comply with the CITY's regulations governing construction noise controls and regulations governing dust control, all as set forth in the Palo Alto Municipal Code. 6.3 The FRIENDS will be responsible to accomplish all associated work required to complete and install the Facilities and it will be required to comply with all conditions that are imposed on the Facilities during the CITY's approval process. 6.4 The FRIENDS will include standard CITY requirements in all equipment purchases and construction contracts with third parties in regard to warranties and workmanship guarantees for the Facilities. 6.5 All contractors, subcontractors, and other personnel who will perform the construction and installation work at the Site under contract with the FRIENDS will obtain and maintain all current licenses required by the State of California during the Term. 6.6 The Facilities will be constructed and installed at the Site in compliance with the approved Plans. Any conditions relating to the manner, method, design and construction of the Facilities establ ished under the CITY's approval process will be conditions of this Section 6.6 as if they were stated and otherwise fully incorporated in this Agreement. Upon the completion of construction and installation, the FRIENDS's project manager for the Facilities will submit to the CITY's Manager, Open Space and Parks, a certificate of inspection, verifying that the construction and installation were completed in conformance with Title 24 of the California Code of Regulations. 6.7 For the purposes of this Agreement, the Facilities will be deemed completed at the time all of the following have occurred: 6.7.1 The FRIENDS' landscape architect has delivered a statement, in writing, to the CITY, stating that the Facilities have been substantially completed in accordance with the Plans; 6.7.2 The FRIENDS has obtained all necessary CITY inspections of and approvals for the Facilities; 6.7.3 The Parties' representatives have inspected the Facilities, and all major defects and incomplete items that materially impair the use of the Plaza have been remedied and a "punch-list" of minor defects has been prepared for prompt repair and completion by the FRIENDS. 6.7.4 All trash and garbage has been removed from the Site. 090728.i b 0072987 9 \ ' 6.7.5 The CITY has confirmed, in writing, that the FRIENDS has complied with the provisions of this Section 6.7, including subsections 6.7.1 through 6.7.6, and final acceptance by the CITY has been issued. As a condition precedent to the CITY's acceptance of the Facilities, the FRIENDS will complete the "punch-list" items within a reasonable time but by no later than thirty (30) days after the CITY has made a preliminary determination that the Facilities is deemed completed. 6.7.6 Concurrently with the confirmation, in writing, by the CITY to the FRIENDS that the CITY has accepted the Facilities and the FRIENDS has made the Plaza available to the CITY for use by the public after substantial completion of construction. The construction contract entered into between the FRIENDS and the FRIENDS' general contractor shall provide that the general contractor's guarantee shall be for the direct and immediate benefit of the FRIENDS and the CITY jointly, and shall guarantee, in writing, that the work, materials, apparatus, equipment and workmanship that have been performed, used, installed or otherwise incorporated in the Facilities are free of defects, and the FRIENDS' general contractor, at its sole cost and expense, shall agree to repair or replace any defective work, materials, apparatus, or equipment or workmanship which is discovered by the FRIENDS or the CITY within one (1) year from the date of substantial completion of the Facilities. 7. MAINTENANCE AND REPAIRS 7.1 The FRIENDS, at its sole cost, will maintain the Site and the Facilities during the Term in a commercially reasonable, clean and safe manner to the complete satisfaction of the CITY and in compliance with all applicable laws. The FRIENDS will provide approved containers for trash and garbage generated at the Site and arrange for their disposal. The CITY reserves the right to enter and inspect the Site for compliance with this maintenance requirement and applicable safety requirements. The FRIENDS will be responsible for any damage to the Site or the Facilities that arises in connection with the construction and installation activities at the Site. The CITY will be responsible for the pre-existing condition of any utilities at the Site at the commencement of construction and installation in addition to the responsibilities of the CITY, as described in Section 1.2. 7.2 If the FRIENDS fails to properly maintain the Site, then the CITY may notify the FRIENDS, in writing, of such failure. The FRIENDS will be afforded a reasonable period of time in order to bring the Site to a clean and safe condition. The CITY, at its option, may elect to enforce its rights and remedies, including, without limitation, entering the Site to ensure the safety of all persons and property thereon. 7.3 The obligation of the FRIENDS to maintain and repair the Site and the Facilities will terminate upon the CITY's acceptance of the Facilities pursuant to Section 6.7.6. Thereafter, the CITY will maintain and repair the Site in accordance with the standards, customs and practices of the CITY pertaining to its maintenance and repair of property owned or controlled by the CITY. 8. AS-BUIlL T ORA WINGS 090728 jb 0072987 10 8.1 Upon the completion of construction and installation of the Facilities, the FRIENDS will provide the CITY's Director of Public Works with a complete set of 24" by 36" 3 mil Mylar® reproducible "as built" Plans, reflecting the actual construction and installation of the Facilities performed or caused to be performed by the FRIENDS at the Site pursuant to this Agreement. 9. OWNERSHIP OF F ACJLITIES 9.1 The FRIENDS covenants that the Facilities will be free and clear of all liens, claims or liability for labor or materials at the time of completion of the construction and installation thereof. The FRIENDS will execute a quitclaim deed or other document acceptable to the CITY to reflect the transfer to the CITY of the ownership of the Facilities and all rights, title and interests therein. 10. UTILITY SERVICE 10.1 The FRIENDS will be responsible for paying for all utility services, including electric, water, and waste water services, provided at the Site, as more fully described in Exhibit "8" hereof, which the FRIENDS requires in order to construct and install the Facilities and the other improvements at the Site. In the construction and installation of the Facilities and other improvements, the FRIENDS will not cause damage to the CITY's utilities at the Site or the Park. The FRIENDS will be liable for the repair or replacement costs of the CITY's utilities at the Site or the Park that are damaged by the FRIENDS (including any person hired or used by the FRIENDS) in connection with the construction and installation of the Facilities and other improvements. The repair or replacement costs will be payable on demand of the CITY. The obligations of the FRIENDS under this Section 10.1 will terminate upon the CITY's final acceptance of the Facilities pursuant to Section 6.7. II. INSURANCE ILl The FRIENDS, its consultants and/or general contractors, ifany, at their sole cost and expense, will obtain and maintain during the Term the insurance coverage described in Exhibit "0," insuring not only the FRIENDS and its consultants and contractors, respectively, but also with the exception of workers compensation, employer's liability and professional liability insurance, naming the CITY as an additional insured concerning the FRIENDS' performance under this Agreement. 11.2 Any deductibles or self-insured retentions must be declared to and approved by the CITY. At the option of the CJTY either: the insurer shall reduce or eliminate such deductibles or self-insured retentions as respects the CITY, its elected or appointed officials, officers, employees, and volunteers; or the FRIENDS shall procure a bond guaranteeing payment of losses and related investigations, claim administration and defense expenses. The insurance shall remain in full force and effect during the Term, commencing on the Effective Date and ending on the termination of this Agreement. Each insurance policy required by this Agreement shall contain the following clauses: 090728 jb 0072987 11 (a) "Each insurance policy required by this clause shall be endorsed to state that coverage shall not be suspended, voided, canceled by either party, reduced in coverage or in limits except after thirty (30) days' prior written notice by certified mail, return receipt requested, has been given to the CITY." (b) "All rights of subrogation are hereby waived against the CITY OF PALO ALTO and its elected and appointed officials, officers or employees, when acting within the scope of their employment or appointment. " (c) "The CITY OF PALO ALTO is named as a loss payee on the Facilities and builders' risk insurance policies described above." (d) "The CITY OF PALO ALTO, its elected and appointed officials, officers, employees, agents and volunteers are to be covered as insureds as respects: liability arising out of activities performed by or on behalf of the FRIENDS; products and completed operations of the FRIENDS; premises owned, occupied or used by the FRIENDS; or automobiles owned, subleased, hired or borrowed by the FRIENDS. Except for the waiver of subrogation contained in Section 11.4, the coverage shall contain no special limitations on the scope of protection afforded to the CITY, its elected and appointed officials, officers, employees, agents or volunteers." (e) "For any claims related to this Agreement, the FRIENDS' insurance coverage shall be primary insurance as respects the CITY OF PALO ALTO, its elected and appointed officials, officers, employees, agents and volunteers. Any insurance or self- insurance maintained by the CITY, its elected and appointed officials, officers, employees, agents or volunteers shall be excess of the FRIENDS' insurance and shaii not contribute with it." (f) "Any failure to comply with reporting or other provisions of the policies including breaches of warranties shall not affect coverage provided to the CITY OF PALO ALTO, its elected and appointed officials, officers, employees, agents or volunteers." (g) "The FRIENDS' insurance shall apply separately to each insured against whom a claim is made or suit is brought, except with respect to the limits of the insurer's liability." 11.3 All insurance required of the FRIENDS, its consultants and/or general contractors by this Agreement will be provided by insurer carriers with a current A.M. Best's rating of not less than A:VII. The FRIENDS will deposit or will cause to be deposited with the CITY, on or before the Effective Date, certificates of insurance necessary to satisfy the CITY that these insurance provisions have been complied with, and to keep such insurance in effect and the certificates therefor on deposit with the CITY during the Term. If the FRIENDS does not provide evidence of coverage at least 090728 jb 0072987 12 thirty (30) days prior to the expiration of any existing insurance coverage, the CITY may purchase such insurance coverage for not more than a six-month period, on behalf of and at the sole cost and expense of the FRIENDS. The CITY retains the right to review the coverage, form, and amount of the insurance coverage required by this Agreement and require the FRIENDS to alter the coverage, as appropriate. The CITY's requirements shall be reasonable and shall be designed to assure protection from and against the kind and extent of risk which exists at the time a change in insurance is required. A failure by the FRIENDS or the FRIENDS' general contractor to provide acceptable insurance policies or certificates with the CITY incorporating such changes within thirty (30) days of receipt of such notice will constitute a default under this Agreement. Such default will constitute a material breach and shall be grounds for termination of this Agreement by the CITY. The procuring of such required insurance will not be construed to limit the FRIENDS' liability hereunder or to fulfill the indemnification provision and requirements of this Agreement. Notwithstanding the policy or policies of insurance, the FRIENDS shall be obligated for the full and total amount of any damage, injury, or loss occurring during the Term that is caused by the FRIENDS or its landscape architect, general contractor, or design professionals, or connected with this Agreement or with use or occupancy of the Site by the FRIENDS or its landscape architect, contractors, or design profess ionals. 11.4 All rights of subrogation are hereby waived by the CITY against the FRIENDS and its managers, members, employees, and agents when any of them is acting on behalf of the FRIENDS in the performance of this Agreement. 12. INDENfNITY 12.1 The FRIENDS will protect, defend, indemnify and hold harmless the CITY, its elected and appointed officials, officers, employees and representatives, from any and all demands, claims, damage, loss or liability of any nature, including death of or injury to persons, property damage or any other loss, caused by or arising out of the FRIENDS' or any of its landscape architect's or contractor's negligent acts, errors, or omissions, or willful misconduct, in the performance of or failure to perform its obligations under this Agreement. The foregoing indemnity obligation of the Friends shall expire and be of no further force or effect upon the confirmation, in writing, by the CITY that the CITY has accepted the Facilities, except for any pending claims made, in writing, that are received by the FRIENDS, the FRIENDS' general contractor, or the CITY prior to such acceptance. 13. WAIVER 13.1 The waiver by either Party of any breach or violation of any covenant, term, or condition of this Agreement or of the provisions of any park improvement ordinance or other CITY law will not be deemed to be a waiver of any such covenant, term, condition, or ordinance or of any subsequent breach or violation of the same or any other covenant, term, condition, or ordinance. The subsequent acceptance by either Party of any consideration which may become due or payable hereunder will not be deemed to be a waiver of any preceding breach or violation by the other Party of any other covenant, term, or condition of this Agreement or any ordinance. 090728 jb 0072987 13 14. ASSIGNMENT 14.1 The FRIENDS will not assign, transfer, or convey this Agreement without the express written approval of the CITY, and any such assignment, transfer or conveyance without the approval of the CITY will be void and in such event, at the CITY's option, this Agreement may be terminated upon notice to the FRIENDS. 15. DEFAULT; REMEDIES FOR DEFAULT 15.1 Except as otherwise provided under this Agreement, should the FR I ENDS default in the performance of any covenant, term or condition contained in this Agreement and such default is not corrected within thirty (30) days of receipt of a notice of default from the CITY, the CITY may elect to enforce any of the following rights and remedies: (a) terminate this Agreement and alJ rights of the FRIENDS and its consultants and contractors, if any; (b) cure any default of the FRIENDS by performance of any act, including payment of money, and the cost and expense thereof, plus all reasonable administrative costs, will become immediately due and payable by the FRIENDS to the CITY; (c) initiate an action or suit in law or equity to enjoin any acts which may be unlawful or in violation of the rights of the CITY hereunder; or (d) pursue any other right or remedy as may be provided in this Agreement. 15.2 In the event of a default which cannot reasonably be cured within thirty (30) days, the FRIENDS shall have a reasonable period of time to cure the default. The remedies given to the CITY hereunder, or by any law now or hereafter enacted, are cumulative and the exercise of one right or remedy shall not impair the right of the CITY to exercise any or all other remedies. In case any suit, action or proceeding to enforce any right or exercise any remedy shall be brought or taken and then discontinued or abandoned, then, and in every such case, the Parties will be restored to their former positions, rights and remedies as if no such suit, action or proceedings had been brought or taken. 16. NOTICES 16.1 All notices, requests and approvals by a Party will be given, in writing, and del ivered by personal service, the United States Postal Serv ice, express delivery service, or facsimile transmission, as follows: TO CITY: 090728 jb 0072987 City of Palo Alto 1305 Middlefield Road Palo Alto, CA 94301 Phone: (650) 463-4951 Fax: (650) 321-5612 E-Mail :Greg.Betts@CityofPaloAlto.org ATTN: Greg Betts, Interim Director 14 TO FRIENDS: Friends of Lytton Plaza Park, LLC 721 Emerson Street Palo Alto, CA 94301 Phone: (650) 543-2211 Fax: (650) 543-2211 E-Mail: Barbara@GardenCourt.com Attention: Barbara Gross 17. MISCELLANEOUS PROVISIONS 17.1 This Agreement will be governed by and construed in accordance with the laws of the State of California and the Charter of the City of Palo Alto and the Palo Alto Municipal Code. The Parties will comply with all applicable federal, state and local laws in the exercise of their rights and the performance of their obligations under this Agreement. 17.2 All provisions of this Agreement, whether covenants or conditions, will be deemed to be both covenants and conditions. 17.3 This Agreement represents the entire agreement between the Parties and supersedes all prior negotiations, representations and contracts, written or oral. This Agreement may be amended by an instrument, in writing, signed by the Parties. This Agreement may be executed in any number of counterparts, each of which will be an original, but all of which together will constitute one and the same instrument. 17.4 All exhibits referred to in this Agreement are by such references incorporated in this Agreement and made a part hereof. The following exhibits are made a part of this Agreement: Exhibit "A" -Description of the Site Exhibit "B" -Construction and Installation Schedule for the Facilities Exhibit "C" -Itemized Budget for the Facilities Exhibit "D" -Insurance Requirements 17.5 Upon request of the CITY, the FRIENDS will furnish to the CITY for its review and approval copies of its articles of organization, operating agreement, and other information relating to its organization status. 17.6 This Agreement is subject to the fiscal provisions of the Charter of the City of Palo Alto and the Palo Alto Municipal Code. This provision will take precedence in the event of a conflict with any other covenant, term or condition of this Agreement. 17.7 The Parties agree that the normal rule of construction to the effect that any ambiguity is to be resolved against the drafting party will not be employed in the interpretation of this Agreement or any amendment or Exhibit hereto. 090728 jb 0072987 15 IN WITNESS WHEREOF, the Parties by their duly authorized representatives have executed this Agreement on the Effective Date. APPROVED AS TO FORM: Senior Asst. City Attorney APPROVED: Director of Administrative Services Director of Community Services 090728 jb 0072987 CITY OF PALO ALTO City Manager FRIENDS OF LYTTON PLAZA PARK, LLC Me~~ ;~ 7<----, r;;- Member 16 , , Lytton Plaza ""'v Aho, C"M¢fhi,'l 090728 jb 0072987 " -/ EXHIBIT "A" DESCRIPTION OF THE SITE ..,... 17 Layout Plan L·7 EXHIBIT "B" CONSTRUCTION AND INSTALLATION SCHEDULE FOR THE FACILITIES 090728 jb 0072987 18 EXHIBIT "C" ITEMIZED BUDGET FOR THE FACILITIES 090728.ib 0072987 19 REQU[RED YES YES YES YES YES YES EXHIBIT "D" INSURANCE REQUIREMENTS THE FRIENDS AND/OR ITS GENERAL CONTRACTOR. AT ITS SOLE EXPENSE. SHALL DURING THE TERM OBTAIN AND MAINTAIN INSURANCE IN THE AMOUNTS FOR THE COVERAGE SPECIFIED BELOW, AFFORDED BY COMPANIES WITH A BEST'S KEY RATING OF A-:VII, OR HIGHER, LICENSED OR AUTHORIZED TO TRANSACT INSCRANCE BUSINESS IN THE STATE OF CALIFORJ'IIA. M[NIMUM LIMITS TYPE OF COVERAGE REQU[REMENT EACH OCCURRENCE AGGREGATE WORKER'S COMPENSATION STATUTORY AUTOMOB[LE LIABILITY STATUTORY BODIL Y [NJURY $1,000,000 $1,000,000 COMPREHENS[VE GENERAL LIAB[LITY, [NCLUD[NG PERSONAL PROPERTY DAMAGE $1,000,000 $1,000,000 [NJURY, BROAD FORM PROPERTY DAMAGE BLANKET CONTRACTUAL, BOD[L Y INJURY & PROPERTY DAMAGE $1,000.000 $ [,000,000 AND FIRE LEGAL LIAB[LITY COMBINED. BOD[LY [NJURY $1,000.000 $1.000.000 -EACH PERSON $1,000,000 $ [.000,000 COMPREHENSIVE AUTOMOB[LE -EACH OCCURRENCE $1,000,000 $[,000,000 LIABILITY, [NCLUDlNG, OWNED, HIRED, NON-OWNED PROPERTY DAMAGE $1,000,000 $1,000,000 BODIL Y [NJURY AND PROPERTY DAMAGE, $1,000,000 $1,000,000 COMB[NED PROFESSIONAL LIABILITY, [NCLUDlNG, ERRORS AND OM[SSIONS, MALPRACTICE (WHEN APPLICABLE), AND NEGLIGENT PERFORMANCE ALL DAMAGES $1,000.000 THE CITY OF PALO ALTO IS TO BE NAMED AS AN ADDITIONAL INSlJRED PROPOSER, AT [TS SOLE COST AND EXPENSE, SHALL OBTA[N AND MA[NTA[N, IN FULL FORCE AND EFFECT THROUGHOUT THE ENTIRE TERM OF ANY RESULTANT AGREEMENT, THE INSURANCE COVERAGE HERE[N DESCRIBED, INSUR[NG NOT ONLY PROPOSER AND ITS SUBCONSUL TANS, [F ANY, BUT ALSO, WITH THE EXCEPTION OF WORKERS' COMPENSATION, EMPLOYER'S LIABILITY AND PROFESSIONAL [NSURANCE, NAMING AS ADDITIONAL INSURES CITY, ITS COVNClL MEMBERS, OFFICERS, AGENTS, AND EMPLOYEES. . COMPLIANCE WI rH CITY'S INSURANCE REQUIREMENTS, AS SPECIFIED, BELOW: I. INSURANCE COVERAGE MUST INCLUDE: A. A PROVISION FOR A WRITTEN THIRTY-DAY ADVANCE NOTICE TO THE CITY OF A CHANGE IN COVERAGE OR OF COVERAGE CANCELLATION; AND B. A CONTRACTUAL LIABILITY ENDORSEMENT PROVIDING INSURANCE COVERAGE FOR CONTRACTOR'S AGREEMENT TO INDEMNIFY CITY -SEE SECTION, SAMPLE AGREEMENT FOR SERVICES. II. SUBMIT CERTIFICATE(S) OF INSURANCE EVIDENCING REQUIRED COVERAGE. OR COMPLETE THIS SECTION AND IV THROUGH V, BELOW. A. NAME AND ADDRESS OF COMPANY AFFORDING COVERAGE (NOT AGENT OR BROKER): B. NAME. ADDRESS. AND PHONE NUMBER OF YOUR INSURANCE AGENT/BROKER: 090728.1b 0072987 20 C. POLICY NUMBER(S): D. DEDUCTIBLE AMOUNT(S) (DEDUCTIBLE AMOUNTS IN EXCESS OF $5,000 REQUIRE CITY'S PRIOR APPROVAL): III. ENDORSEMENT PROVISIONS, WITH RESPECT TO THE INSURANCE AFFORDED TO "ADDITIONAL INSURES" A. PRIMARY COVERAGE WITH RESPECT TO CLAIMS ARISING OUT OF THE OPERATIONS OF THE NAMED INSURED. INSURANCE AS AFFORDED BY THIS POLICY IS PRIMARY AND IS NOT ADDITIONAL TO OR CONTRIBUTING WITH ANY OTHER INSURANCE CARRIED BY OR FOR THE BENEFIT OF THE ADDITIONAL INSURES. B. CROSS LIABILITY THE NAMING OF MORE THAN ONE PERSON, FIRM. OR CORPORATION AS INSURES UNDER THE POLICY SHALL NOT, FOR THAT REASON ALONE, EXTINGUISH ANY RIGHTS OF THE INSURED AGAINST ANOTHER, BUT THIS ENDORSEMENT, AND THE NAMING OF MULTIPLE INSUREDS, SHALL NOT INCREASE THE TOTAL LIABILITY OF THE COMPANY UNDER THIS POLICY. C. NOTICE OF CANCELLATION I. IF THE POLICY IS CANCELED BEFORE ITS EXPIRATION DATE FOR ANY REASON OTHER THAN THE NON-PAYMENT OF PREMIUM, THE ISSUING COMPANY SHALL PROVIDE CITY AT LEAST A THIRTY (30) DAY WRITTEN NOTICE BEFORE THE EFFECTIVE DATE OF CANCELLATION. 2. IF THE POLICY IS CANCELED BEFORE ITS EXPIRATION DATE FOR THE NON- PAYMENT OF PREMIUM. THE ISSUING COMPANY SHALL PROVIDE CITY AT LEAST A TEN (10) DAY WRITTEN NOTICE BEFORE THE EFFECTIVE DATE OF CANCELLATION. IV. UNDERSIGNED CERTIFIES THAT THE FRIENDS' INSURANCE COVERAGE MEETS THE ABOVE REQU I REMENTS: THE INFORMATION HEREIN IS CERTIFIED CORRECT BY SIGNA TlJRE(S) BELOW. Fiml: Signature: Name: (Print or type name) Signature: Name: (Print or type name) NOTICES SHALL BE MAILED TO: 090728 jb 0072987 PURCHASING AND CONTRACT ADMINISTRATION CJTY OF PALO ALTO P.O. BOX 10250 PALO ALTO. CA 94303. 21 tXI~II~{" Z LONDON f'1~:"NL TR<:£:.S TO REMAiN, LXb I It.;(, NIJl\lSI'r~r'cH :tACKS. COSRLE MUtCH, S C.F.S. TYP. NEW rOUNT AtN WI1H 3 WAH.R }(15 Af~n 1 UP LIGHT, S C r 5 . TYP I XI)T1NG (ON(AEH. PLANTER TO REMAIN, TYP vERTICAL GLIi$:;, AJH PANELS. S.C.U. WOOD BENCH, rvp ("(11Krl~n: Pi.. ~NTER wi lYTTON fo'lA1A P1AQUt'. TYPDr) :;, ( f .~ .. se~ d~taliS NE1.IV PA'vfR UGlii, 'lef.S, TYP()f 1. TASLf. AND (HJ\If\S (2) S.C.F S~ TYPOr 2. I-u.J u.J OC l-V'! Z o VI OC u.J 2 l.!.J EXISTING STREET UGHT . TO REMAIN, TYP. RElOCATED 'DiGITAL DNA' S(UtPTURE, TYP. rXI;1'NG TUt!? TR£F TO RFMAIN NeW (OBiH.:: ;"lUL(H, S (fS. TYP. U!STlNG O~K TREE TO RHt.AIN lytton Plaza Palo Alto, California UNIVERSITY AVE. :i;XIST1N(1, wALL TO RE1"lJ\lN. Z:XI-5TlNG D£NCH TO R£MAIN :;'X1ST1NG 2' LCNOON PLANt: TREE) to REMAIN PAR.'<Jr'llG lOi EXI5Tlt~(, N2\\iSPt\PER Rc..CKS, TYP _NI:WWALI UGHT S(f'S. Nf:.W:;·'/ittD£ PEF.lvlE':UlLE. F'~V£R !:lAND, Type 1, S.C.f~ .. lYP. fOUNI"AltJ ;'>U!.lP VI"\uLT I,V1\!ICOiJrJ11 yr EXISTING P·....ANT[R, TYP P(RFOFlATED DRAIN PIPE SY~T~M CONN:CTION TO STORM DRAtN SEE SECTION ----NEW rLAZA rOLe LIGHT, s,cr.s, ~YI' ut4 NEW (~USHED ST(J·'.jf· ;:;URFAC'Z, TYP NEW TABLES AND CHAins {'i. S.C r s, TYf' 01 to HEwCHnlES~ ?1'51AC'H:. TRErS. TV" of£. EXjSITliKi P/wrr~G TO REMAIN ME'';'" CONCP';'TE BAND, TYPE 2, !i.Cr . .':.. TYP. NEW FREtsTAND!NG DOt.ORS' \'\j.o,L:' S.CF,$" $l)Cdcti:llls. Nf.W TRA'iI-j R.fCfPTACLf, <;. cr So, TYP of 4: \2 fiECYCASLE C."'llotJS) TASLE AND CHA1R'S OJ. S.C.F.S. TYP at 3 NEW COL!JMNAR MAGNOU~ TREES. TYIl of 3 COSBLE MUL(H WI SHoUn f1LANHNG EXISTING WALL TO !:IE REMOVED NEW 31Kf ARCS,S C F.5. Exhibit A ~""',cl,e .... ,t') I,ch" UGH'Tl!<lr; ® ~E"~~:~,=,'::~';';:L~'::. !"it!>i!" r,ns:!"!. 12.05.08 ':()'"'c1~ ) b, 1(.;(,,«' ;)pp."rH"'l~ len:l"'''' Orey In';3', Layout Plan L:mds.capc Archilc(\S • Land Planoers L-7 6~E M<:f1!gr:ml:'ry \1"'('"( S.lrfr,lnCl1(Q.CA'l<l:lH '1lIS<1n·15n t <':lS>1.:U ~l)<Jj 10 Task Name CONSTRUCTION 2 3 4 5 '6 7 8 9 10 11 12 13 14 15' 16 17 18 19 20 21 22 23 ... 24 i5 26 "27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 page 1 of 1 Mobilization / temp barricades Safe-off power and water; salvage egg and newsrack: Demolition Rough grade Underground utilities Fountain excavation for vault, footings, basins vault installation rough piping drainage basin seat wall and wedge base wedge finish slab fountain eqpt installation drainage grate and cobbles Site hardscape seat wall bases base rock structural soil placement flatwork pours and sandblast sealer pervious base at pavers pavers sealer Electrical underground rough-in --onsite underground rough-in --offsite service trench service connection -offsite CPA vault paving patch service pedestal and lighting fountain eqpt connections electrical trim twinkle lights Glass fins at fountain Wood bench slats Landscaping irrigation planting DG Donor signage SS frame installation stone panels installed Furnishings -tables, bike lockers, trash containers Fountain trim and start-up Final inspections / clean up / de-mobilize weather delays not included Duration 72 days 3 days 3 days 8 days 2 days 5 days 40 days 2 days 2 days 4 days 6 days 6 days 4 days 7 days 3 days 32 days 4 days 2 days 3 days 14 days 1 day 2 days 6 days 1 day 52 days 5 days 4 days 3 days 2 days 6 days 2 days 3 days 3 days 2 days 4 days 10 days 5 days 3 days 2 days 7 days 3 days 2 days 5 days 4 days 6 days Start Wed 8/5 Wed 8/5 Thu 8/6 Tue 8/11 Fri 8/21 Thu 8/27 Tue 8/25 Tue 8/25 Thu 8/27 Fri 8/28 Mon 8/31 Wed 9/2 Mon 9/14 Thu 10/8 Mon 10/19 Tue 9/8 Tue 9/8 Mon 9/14 Tue 9/15 Fri9/18 Thu 10/8 Fri 10/9 Tue 10/13 Wed 10/21 Fri 8/28 Fri 8/28 Tue 9/8 Mon 9/14 Thu 9/17 Thu 10/22 Fri 10/30 Tue 11/3 Mon 11/9 Wed 11/4 Fri 11/6 Wed 10/21 Wed 10/21 Wed 10/28 Mon 11/2 Fri 10/30 Fri 10/30 Fri 11/6 Wed 11/4 Tue 11/3 Mon 11/9 ExV\\l1\"-\-~ Finish Resource Aug '09 Sep '09 Oct '09 Nov '09 2 9 16 23 30 6 13 20 27 4 11 18 25. 1 8 15 Names Mon 11/16 • Fri 8/7 Devcon r-D Mon 8/10 RCE / Devcor 4C-h :y---_._--Thu 8/20 JJA L_~..l. Mon 8/24 JJA D'I Wed 9/2 Sanco ~- ~~~~----_~--~-I ----------... Wed 10/21 Wed 8/26 JJA Fri 8/28 JJA Wed 9/2 PWA Wed 9/9 JJA Fri 9/11 JJA Thu 9/17 JJA Fri 10/16 PWA Wed 10/21 PWA Wed 10/21 Fri 9/11 JJA Tue 9/15 JJA Thu 9/17 JJA Wed 10/7 JJA Thu 10/8 JJA Mon 10/12 JJA Tue 10/20 EPD Wed 10/21 EPD :~ il,----lpb I .J i. L"_-U-1 I rlJ I ~,d lh ;£ Wed 11/11 ~ I! • Thu 9/3 RCE Fri 9/11 RCE Wed 9/16 RCE Fri 9/18 JJA Thu 10/29 RCE Mon 11/2 RCE Thu 11/5 RCE Wed 11/11 RCE Thu 11/5 GPG Wed 11/11 DCI Tue 11/3 Tue 10/27 Maniglia Fri 10/30 Maniglia Tue 11/3 Maniglia Mon 11/9 Tue 11/3 ASS Mon 11/9 Devcon Tue11/10 Devcon Fri 11/6 PWA Mon 11/16 Devcon b o 0-Ul_ • Lytton Plaza Schedule #3 Devcon 7/23/09 Emerson and University, Palo Alto LYTTON PLAZA PRELIMINA 23-Mar-09 ITEM SUPERVISIONI GENERAL CONDITIONS TEMP. FACILITIES I PROTECTION GENERAL LABOR I CLEANUP DEMOLITION UNDERGROUND UTILITIES GRADING LANDSCAPE AND IRRIGATION CONCRETE CONSTRUCTION INTERLOCKING PAVERS WATERPROOFING FOUNTAIN SURFACING FOUNTAIN EQUIPMENT ART GLASS DONOR WALL FRAME DONOR STONE MATER!AL DONOR ENGRAVING' -.' WOOD SEATING BIKE RACKS SITE FURNITURE TRASH CONTAINERS ART RELOCATION TWINKLE LIGHTS ELECTRICAL OFFSITE PATCH ALLOWANCE LAYOUT AND STAKING MISCELLANEOUS LUMP SUM ADD FOR STREETSCAPE LUMP SUM FOR BALANCE OF WORK SUBTOTAL GC OVERHEAD AND PROFIT PRINTING CONTINGENCY PROJECT TOTAL DEDUCT PRINTING ALLOWANCE ADD TRASH RECYCLE OPTION Exhibit C $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $().OO $0.00 $0,00 $0.00 $98;609.50 $OWO $0.00 $0.00 '$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $116,642.27 $0.00 $0.00 $0.00 $49;186:00 $333i396;66 $0.00 $0:00 . $0.00 $597,834.43 . ··$0.00 . $5;059.60 DEDUCT CONTINGENCY ;Ri~t>NCil.Ep:tq:tA\:";"· , DEVCON NOTES INCLUDES PRINTING ALLOWANCE INCLUDES PATCHING ALLOWANCE FO VB NOTES VB SIGNAGE ALLOWANCE LOW UPDATED PROPOSAL OF 3-23 INCLUD TECHCON NOTES EXCLUDES STREET BENCHES -COULD EXCLUDES STORM DRAIN CONNECTIO EXCLUDES TWINKLE LIGHTS -COULD $0.00 Attachment C ORDINANCE NO. ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR FISCAL YEAR 2010 TO ACCEPT A DONATION IN THE AMOUNT OF $348,800 FROM THE FRIENDS OF LYTTON PLAZA, LLC AND PROVIDE ADDITIONAL APPROPRIATION OF $398,800 TO THE CAPITAL IMPROVEMENT PROGRAM (CIP) PROJECT PE-08004, LYTTON PLAZA RENOVATION The Council of the City of Palo Al to does ORDAIN as follows: SECTION 1. The Ci ty Council of the Ci ty of Palo Al to finds and determines as follows: A. Pursuant to the provisions of Section 12 of Article III of the Charter of the City of Palo Alto, the Council on June 15, 2009 did adopt a budget for Fiscal Year 2010; and B. On June 16, 2008, Counci 1 approved a letter of intent between the Ci ty and the Friends of Lytton Plaza, LLC to begin design of Lytton Plaza (CMR:281:08). In Fiscal Year 2008, the City Counci 1 adopted a budget for CI P Proj ect PE-0 8 004 , Lytton Plaza Renovation (Project), with an initial appropriation of $50,000 for the design cost of the Project; and C. In Fi scal Year 2009, the City Counci 1 increased the appropriation by $300,000 to cover City's share in the construction cost of the Project, bringing total appropriation to $350,000; and D. On August 3, 2009, the City Council approved a limited-term agreement with the Friends of Lytton Plaza, LLC (Friends) for improvements located within Lytton Plaza, including the installation of new paving, water fountain, site amenities, landscaping and other improvements consistent with the Park Improvement Ordinance. Under the terms of the agreement, the Friends will deposi t accumulated donations for the Proj ect of $348,800 into a City-designated account. The Friends funds are matched with the $350,000 in Capital Improvement Project funds that Council approved for the CIP Project PE-08004 in Fiscal Year 2009; and E. The total estimated cost of the Project is $748,800 which includes additional funding of $50,000 for sidewalk resurfacing, not originally part of the Project's scope of work. The Infrastructure Reserve will provide the fund for the additional scope of work; and F. The appropriation of funds for CIP Project PE-08004, Lytton Plaza Renovation is a one-time event, and in future years maintenance and replacement costs will be included in the Community Services Department's budget; and G. City Council authorization is needed to amend the Fiscal Year 2010 budget as hereinafter set forth. SECTION 2. Donation revenue from the Friends of Lytton Plaza, LLC of Three Hundred Forty Eight Thousand Eight Hundred Dollars ($348,800) is hereby received and, is appropriated to CIP Project PE-08004. SECTION 3. The sum of Fifty Thousand Dollars ($50,000) is hereby appropriated to CIP Project PE-08004 bringing total appropriation (including action taken in Section 2) to $398,800. SECTION 4. The Capital Project Fund Infrastructure Reserve is hereby decreased by Fifty Thousand Dollars ($50,000) with a remaining balance of Five Million One Hundred Sixty Thousand Dollars ($5,160,000) as shown in Exhibit A. SECTION 5. The transactions above will have no impact on the General Fund Budget Stabilization Reserve. SECTION 6. As speci f ied in Section 2.28.080 (a) of the Palo Alto Municipal Code, a two-thirds vote of the City Council is required to adopt this ordinance. SECTION 7. The Council of the City of Palo Alto hereby finds that this is not a proj ect under the California Environmental Quality Act and, therefore, no environmental impact assessment is necessary. SECTION 8. Municipal Code, adoption. As provided in Section 2.04.330 of the Palo Alto this ordinance shall become effective upon INTRODOCED AND PASSED: AYES: NOES: ABSTENTIONS: ABSENT: ATTEST: City Clerk APPROVED AS TO FORM: City Attorney APPROVED: Mayor City Manager Director, Communi ty Services Department Director Services of Administrative NE\V CIP LYTTON PLAZA RENOVATION (PE .. 08004) -- Attachment D __ ,.rII"IT1on: This project will reonovate/reconstruct Lytton Plitia on i'h~' comer of Uni versity Ave. and Emerson St. The Friends of Palo Parks with the support of the downtown business district have "~."n",~f'{l a Public/Private partnership to fund these renovations. The nrcmoseu improvements will include demolition of the existing plaza and construct new improvements including paving treatment, landscaping and potential tables and water feature. on: The plaza located in the heart of downtown Palo Alto is in need of renovation. It currently is attracting loiterers, is in disrepair and lacks aesthetics that would make the plaza an appealing and family friendly space. supplemental Information: A letter of intent between the City and the private entity will spell out funding commitments of the private/public partnership along with specific design and construction responsibilities. Pre-Design Costs Design Costs $50,000 Construction Costs Other $50 Revenues: Source of Funds: Infrastructure Reserve CIP FACTS: • New • Project Status: Design • Timeline: FY 2008-2009 • Overall Project Completion: 0% • Managing Department: Public Works • Comprehensive Plan: Programs L-33 and L- 34 • Board/Commission Review: ARB, PRC, PTC IMPACT ANALYSIS: • Environmental: Categorically exempt from CEQA. • Design Elements: ARB/PRC review may be required. • Operating: May result in increased mainte- nance costs. $50,000 $50,000 Council Policy Direction: This project requires significant diversion of staffing and/or City funds due to outside funding opportunity. 2007-09 Budget City (?!,Palo AI/o 109 Attachment E Community Services Department MEMORANDUM To: Parks & Recreation Commission From: Greg Betts, Interim Director, Community Services Date: March 24. 2009 Subject: Park Improvement Ordinance -Lytton Plaza Improvements The purpose of this merllorandulll is to provide information on a plan LO inlprove Lytton Plaza (P<1rk) facilities by a renovation project rnanagecl by the Friends of Lytton Plaza, LLC, in cooperation wUh the City of Palo Alto. This project would replace plaza pavement. landscaping, lights and amenities with a new design intended to provide better public access and a more inviting place LO gather, socialize and produce public events (concerts or slory t clling). ACTION REQUESTED: A recommendation to the City Council is requested for the Council to adopt a Park Improvement Ordinance pertaining to these project plans. l{eco rlll11cncial ion: Staff reculllllll~ncls the COillmission approve site plans Cor the improvemcnt to Lytton Plaza as propu»cd by sl~ill ~lIld the i'ricillis uf Lytton PI(lz~\' LLC. lor the renov~ltion of the plaz;1 to includc new 11~lvcl11enL, 111anters ~l rounLain, lighting, L~lbles, benches and ~lll1enllics, The COlllmission's recullllllcncbllon will be alTered to the City Council in their review llf a P,lrk Improvement Orclin(lncc for this projecL (AlL,lchment A), Bad:,ground: Palo Alto lVIullicipal Code 22,08,005 (Ordinallce reC]Llired [or sLlbst~lnti,li building, construcLion) reCjuil"cs lhat "'Before Clny subsLtnti,lI bLlilding, construction, reconstructiun or development is commenced UI' (I1)proved, Llpon or with respect to any l~l11d helel by the city for park I)urposes, cilhel by the cily or hy d lessee, licensee or permiLLec thereof, the council shall first cause to he I)repal'cd ~\I1d by ordinance approve ancl adopt a plan therct'or, All leases, licenses ,mci permils with respect LO land held ["or park purposes sh,111 contain provisions requiring compliance \Vith this secLion, Tile plan shall be prepared in such a manner and with sul'fIcient detail and IXlnicLilariLy to shuw, LIS ,Ipplicable, the Ildtul'e, funcLion, size, extent and general appearance of Pari< Improvement Ordinance -Lytton Plaza Improvements Page 1 of 2 tile Ixoposeci I'IOJCCI. /\ny Ull III the lJlan silall he prel),lreclln lhe same manner and adopteel hy mliin'll1ce." Such ,\ "Park lillpmvellleill Ordinance" is required whenever ally project lllLly affect the Llse, IlrolecLlon 01' cn l Dr or open space luncls. This \\,\$ firsl in to the Park and Recreation COJllmission on September ,2008. elwin'..' Oral IllLlnicaliuns Y SUIlIlY Dykwel. Mr, Levy returned to COJ1l111ISsiull ;i[ lhe October ng to make a full presenration, Mr. Le Levy prcsenled LIn I renovalion uf plaza and gathered input from lhe Commissioll on i al LIse of park and ideas aboul re-Ianclscaping anel I: lillg lile plClzii C\)l111l1ISsinn and tile lhe cOlllments and suggeslions olTered by the In acldi lion to presen ration at COlllm issioll Illcellngs, oners by Betts to allend a public presentation on Lynol1 PI,lZa hosled by PlaL:\ on Wednesday. May 28, :2008. at City Hall, In addilion In a Park Jill t Ordinance from the City Council lor lhese improvement pro must also have D te and Design" review by the City's !\!chileC!.ural ReView B(wrci (A ARB revic,vs the project for conformance with City design aild alelless rOJ LIlt: area, The plans ~lllcl design concepts for lhl;") I))"olcct has been revieweci the Archi Review Board at three separate meetings. The pl~lllS prcscnted to lhe COlllmission incorporate all the suggeslions presented by lhe AR B The 1"t:1l0valioll of' Plaza would include: ... demolitiull 01' the exisli t)I<.lZ:l anci Sll ... ciemolilion or'existing stone wing walls along University AvenLie and Emerson Street ... l-eJllO,,;t! of cxisting trees It lClllOV~l! ul cxisti lighling .. re-pavement of the plaza and adjoining siclew:t1ks <t reposilit)ning of' the art piece Digital DNA " illsl2lll~tliun \)Inew lights, lables ~mcl benches • installation a new l'oLlnlain The inle1lt ollhe new design is to make the plaza inviti to downlown visitors, merchanlS and 11l'lghhms, 10 provide a sl;'lgi 11g area fm sillall concens, IIi and poetry evcn and to 1)lcl\'icic " g,llhcrillg place Lhal is conducive to COil ons anci relaxi Next SleDS: St,tff wi II Plc:sC':l1 lhe Pal'" r I with lhe Friends of Lylwil Plaza th~ll will 1'01 the conslruction or the plaza Illl Altacillllenls\: Park IIll r Ordinance A-l:Plans for the renovalion Lytton Plaza 13: Minutes or the October miSSIOn rVleetlllg Pelll< improvement Ordinance - lent and timelint' Attachment F MINUTES PARKS & RECREATION COMMISSION March 31, 2009 City Hall 250 Hamilton Ave APPROVED Commissioners Present: Deirdre Crommie, Joel Davidson, Sunny Dykwel, Carl King, Paul Losch, Pat Markevitch, Daria Walsh, Commissioners Absent: Others Present: Staff Present: Greg Betts, Catherine Bourquin, Rob de Geus, Donald Piana I. ROLL CALL CONDUCTED BY: Catherine Bourquin II. AGENDA CHANGES, REQUESTS, and DELETIONS: None II. ORAL COMMUNICATIONS: None IV. BUSINESS: 1. Approval of Draft Minutes of February 24, 2009 regular meeting -The Draft Minutes of the February 24, 2009 regular meeting were approved as with three correction. Approved 7:0 2. Informational presentation from Palo Alto Bicycle Advisory Committee -Richard Swent of the Palo Alto Bicycle Advisory Committee (PABAC) provided the Commissioners with an overview of what P ABAC is involved with. After a brief question and answer session with the Commissioners it was agreed that Commissioners Crommie and Davidson who work with Mr Swent to draft a memo to Council on the importance of finding funds to support a feasibility study for a pedestrian/bicycle grade separated crossing of Highway 101 in south Palo Altoto ip1prove access to the Baylands. 3. Lytton Plaza Project review and recommendation to Council to adopt a Park Improvement Ordinance for the Project Plan -Commissioner Dykwel excused herself from this item due to a conflict of interest. Staff Betts provided the Commission with February 24, 2009 Draft Minutes APPROVED some background information behind the recommendation to adopt a park improvement ordinance for Lytton Plaza. Mr. Levy, a member of the Friends of Lytton Plaza, was introduced and went over the project plan for Lytton Plaza. There was a question and answer period immediately following Mr. Levy's presentation. A motion was made by Commissioner Losch and seconded by Commissioner King. Motion: The Parks and Recreation Commission recommend to Council to accept a request to adopt a Park Improvement Ordinance for the Lytton Plaza Project as presel1ted. Approved 7:0 4. Seale Park Restroom project review and recommendation to Council to adopt a Park Improvement Ordinance for the Project Plan -Kate Rooney from Public Works was introduced and presented to the Commission a brief synopsis of the history behind restrooms in Palo Alto parks. The funding to install the restroom at Seale Park will be through the use of Impact Fees and budget adjustments will be made to retlect ongoing maintenance costs. A park improvement ordinance is being requested for this project. Commissioner Losch was asked to give some history into the use of impact fees from his past experience with the Commission. The Commission was given some time to ask questions. A motion was made by Commissioner Dykwel and seconded by Commissioner Walsh. Motion: The Parks and Recreation Commission recommend Council to accept a request to adopt a Park Improvement Ordinance for the Seale Park Restroom project as presented. Approved: 7:0 V. COMMENTS AND ANNOUNCEMENTS 1. Commissioner Markevitch announced that she had been working her way through the PTA enlisting volunteers for the Senior Games. 2. Commissioner Losch announced that the Council approved an allocation of cash resources for the Senior Games it passed 7: 1. 3. Commissioner Losch announced that he had been asked by the Weekly to participate in a blog. He will be writing an article on the Senior Games. 4. Staff de Geus wanted to thank Commissioners Crommie and Davidson for their participation in the California Parks and Recreation Conference and asked them to share some of their experiences. It was suggested that it might be helpful in the future to go over the itinerary of the conference before hand, so they could understand which subject matter they would be most interested in. Staff Piana had attended and recommended if the Commissioners get a chance to attend the park tour. February 24, 2009 Draft Minutes 2 (" , II APPROVED 5. The Adopt-a-Park guidelines were discussed and Commissioners were asked to look over the existing survey card and add their suggestions on what they wanted included on the card. The park operations number was included as well as an afterhours number. The Commissioners were to use their assigned parks as a basis of attending meetings, etc. related to those parks and to be a representative of that park. Staff will ensure that the Commissioners are aware of any items that come up pertaining to their individual parks. 6. Staff Bourquin announced a new procedure that will be taking place in the next month for the posting of information on the web related to the P ARC meetings. The Agenda's will have links to any back up information related to the business topic. This procedure is similar to the Council agenda's that are posted. 7. Staff de Geus announced an Earth Day event that is coming up on April 18th, lOam -2pm at Lucie Stern Community Center. 8. A PARC representative was requested for the budget CIP study session. Commissioner Crommie volunteered to attend. 9. Commissioner Walsh requested to discuss the gym space issue. Staff de Geus provided information on what they are working on related to allocating limited gym space. Commissioners King and Walsh volunteered to help draft up a Gym allocation policy. VI. TENTATIVE AGENDA FOR APRIL 28, 2009 REGULAR MEETING: 1. Friends of the Palo Alto Parks representative Olenka Villarreal will present the universally acceptable playground proposal. 2. Memo to Council for the underpass feasibility study. 3. Discussion on the selection of a P AUSD liaison 4. Dogs off leash at Foothills park discussion 5. Agenda setting/PRC priorities VII. ADJOURNMENT Adjourned at 9:05pm February 24, 2009 Draft Minutes 3 ("." \! TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: UTILITIES DATE: AUGUST 3, 2009 CMR: 342:09 REPORT TYPE: CONSENT SUBJECT: Finance Committee Recommendation to Direct Staff to Re-examine the Electric Power Acquisition and Energy Efficiency Policies and Plans RECOMMENDATION The Finance Committee recommends that Council direct staff to work with the Utilities Advisory Commission (UAC) and then report back to the Finance Committee with a re- examination of the policies and goals that are being used in the alternate energy program, including the energy efficiency plans and the electric acquisition policies and plans. BACKGROUND At its July 21 meeting, the Finance Committee received a presentation on the status of staffs efforts to acquire renewable power to meet the City'S Renewable Portfolio Standard (RPS). The presentation was intended to provide background information for the decision the Committee faced regarding whether to recommend Council approve a contract for renewable power with Ameresco Johnson Canyon LLC (CMR: 305:09). The City's RPS goal is part of the Council- adopted Long-term Electric Acquisition Plan (LEAP) guidelines, which sets a target to meet 33 percent of the City'S electrical load with new renewable resources by 2015, while ensuring the retail rate impact does not exceed 0.5 cents per kilowatt-hour (¢/kWh) on average (CMR: 158:07). DISCUSSION The City currently receives renewable power from five long-term contracts for about 19% of the City'S annual energy usage. These contracts were executed in 2004 and 2005 and the cost of the renewable power was approximately equal to the cost for traditional "brown" power. Two additional long-term renewable power contracts were executed in 2008 and are slated to deliver power in 2010. These contracts have about a 2 ¢/kWh premium over brown power. Overall, however, the total impact on rates for the seven executed contracts is less than 0.03 ¢/kWh, significantly below the 0.5 ¢/kWh rate impact limitation. However, current prices for renewable power are significantly higher than current prices for brown power. Proposals received in response to Palo Alto's latest Request for Proposals (RFP) include premiums for renewable power of 6 to 10 ¢/kWh over brown power. With these premiums being commanded in the marketplace for renewable power, Palo Alto may have CMR: 342:09 Page 1 of2 difficulties meeting the 33% RPS goal with an average retail rate impact of 0.5 ¢/kWh. In addition, the contract that was executed in February 2010 for geothermal power may not go forward due to project financing issues. The project developer has indicated that thc project will not go forward unless the price is renegotiated upward. Since this contract must be amended with this price adjustment before September 3, staff is also bringing this contract to Council on August 3 (CMR: 347:09) for consideration. COMMITTEE REVIEW AND RECOMMENDATIONS The Finance Committee considered a 20-year contract for renewable power with Ameresco Johnson Canyon LLC on July 21, 2009. While it voted unanimously to recommend Council approval of the contract, the Committee noted that the cost for renewable power has increased significantly from prices for renewable power contracts entered into in 2005 and 2006. Given the dramatic price increases, the Committee expressed a desire for staff and the UAC to review the overarching policies, guidelines, and plans related to the acquisition of energy. The Finance Committee, noting that reducing energy usage will help to achieve RPS goals, also asked that the efficiency plans and goals be reviewed as well to ensure that the value of energy usage reductions is considered. The Finance Committee voted unanimously (3-0) to recommend that the City Council direct staff to work with the UAC and then report back to the Finance Committee with a re-examination of the goals and the matrix that are being used in the alternate energy program. The notes from the Finance Committee meeting are attached. RESOURCE IMPACT No additional staff time is expected to be required to conduct this review as many aspects of the proposed review were already planned. POLICY IMPLICATIONS Any new policies that may be proposed after the review of the existing policies will need to be approved by the Council. ENVIRONMENTAL REVIEW Review of energy acquisition and efficiency programs and policies does not meet the definition of a project, pursuant to section 21065 of the California Environmental Quality Act (CEQA). ATTACHMENT A. Draft excerpted minutes from the July 21,2009 Finance Committee meeting PREPARED BY: DEPARTMENT APPROVAL: CITY MANAGER APPROVAL: CMR: 342:09 \::bANE RATCHYE U Assistant Director, Resource Management VAL~NG Director of Utilities \'-'~C' ~-.~.~ .,.z:,. ____ .,. __ ._ .. _ __ ~ ==---- JAMES KEENE City Manager - Page 2 of2 ATTACHMENT A FINANCE COMMITTEE DRAFT EXCERPTED MINUTES -Regular Meeting July 21, 2009 3. Adoption of a Resolution Approving the Ameresco Johnson Canyon Landfill Gas Renewable Energy Power Purchase Agreement for the Acquisition of Up to Two Average Megawatts of Energy Over Twenty Years at an Estimated Cost Not to Exceed $30 Million. MOTION: Vice Mayor l\1orton moved, seconded by Council Member Burt I that the Finance Committee recommend that the City Council adopt a resolution approving the Power Purchase agreement with Ameresco Johnson Canyon, LLC and that Council waives the application of the investment-grade credit rating requirement of Section 2.30.340(d) of the Palo Alto Municipal Code to this transaction. Chair Burt said that he supports the Motion but he is concerned that CO-2 generation goals have been achieved at a minimal cost difference to the rate payers. Now that there is a divergence from the past trends, the past trends may no longer be accurate predictors of the future. We have to decide where we go from here. There is a danger in looking at these successes and having them indicate that everything is rosy going forward. It's getting harder to find these sources, not because of leveling of renewables, but it's in an increase in demand. We've had a great demand for them. He expects both those trends to continue. He asked if we have enough to keep up with legislative demand. He stated that Palo Alto is on a course that is similar to statewide demands. Council Member Schmid recalled the last time the State went through energy reform the City ended up with the stranded cost of Calaveras. He thought it would be appropriate to add an Amendment to the Motion. The goals and the matrix that are used in the alternate energy program should be examined. Chair Burt said he would second that. Vice Mayor Morton said that it would not be an Amendment since one issue is a contract agreement and the other is a separate policy. 07/21/08 FIN:090721 FINANCE COMMITTEE Ms. Fong said it would be better for Staff if the two issues were separate. MOTION PASSED: 3-0, Klein absent MOTION: Council Member Schmid moved, seconded by Chair Burt, to direct Staff to work with the UAC and on re-examining the goals and the matrix used in the alternate energy program. Vice Mayor Morton said that for the new members of the UAC this will be a useful review. This is an issue close to the hearts of Council, and wondered if it could be part of the Study Session. Ms. Fong said that the study session was canceled due to vacations and the pending vacancies on the UAC. They are planning on rescheduling it in a month or two. Chair Burt asked if it would be appropriate to modify the Motion to have as a discussion during the study session between the Council and the UAC in September or October. Council Member Schmid said the intent was to have a study with recommendations, not an open ended discussion such as happens in a study session. Chair Burt said that maybe they should have UAC discuss, and then the Council discuss the issues. He asked who would initiate the discussion. He also asked if it should it be the Council, as a whole, making a recommendation to the UAC, without delving into details or making a policy recommendation or for the UAC to evaluate the issue and then the UAC would come back to the Council with a recommendation and then the Council would act. If it is the UAC acting first, the study session might be useful. Council Member Schmid said that in study session the Council can't make a decision. Vice Mayor Morton said that is correct, but since it is Council policy, and the issue is going back to an advisory board, without input from CounCil, it may be useful to have this discussion and to layout the changes. There is so much policy tied up in this it may be useful for Council to give input to the UAC. 07/21/08 FIN:090721 FINANCE COMMITTEE Chair Burt stated the other point is that either way the Council wouldn't make any decision at the first discussion, they are only making a request to the UAC for a recommendation. Perhaps the way to launch this to the UAC would be a discussion at our study session with the UAC, an informal direction, or discussion with the UAC and then agendize for next Council meeting whether to put it as a formal request to the UAC. Ms. Fong agreed that that could be a way to launch the discussion. She said that the UAC works with a 12 month rolling calendar. It is scheduled in the next 3-4 months to have a discussion regarding a long term energy acquisition plan, which this is part of. This study session would be for the UAC to hear where Council is and then move into this long term. She didn't think Council would need to take extra action as it is already on the 12 month rolling calendar. Chair Burt said that the Council would not need to initiate that, other than the UAC may get a sense of the areas of interest to the Council. He suggested the Motion reflect that the Council will give input to the UAC at the study session. Vice Mayor Morton said that the Motion should also clearly request a UAC response and after that Council would come back with recommendation. Chair Burt said if they were asking the UAC to come back to Council with recommendations that are different than they would have done under their standard rolling calendar, then his sense was that should not come out of the study session but rather an agendized Council action. Council Member Schmid said the Motion that was already approved was to recommend to the Council that they act on tonight's Staff recommendation. Perhaps at that point since they will already have it agendized they can discuss this issue. Since it is an inherent part of the presentation and from that they can have directive to the Staff and UAC Chair Burt said that he has apprehensions about that. The Committee evolved into this discussion, whether it was an inherent part or not, he wasn't sure. They would look at a specific contract with the Council and whether or not anyone wishes to see a more clear Council request of the UAC for evaluation of this broader policy as energy acquisition, not just goals but conservation and efficiency goals. There could be two items agendized 07/21/08 FIN:090721 FINANCE COMMITTEE on the same evening. One agendized item to the UAC reporting back in some time frame under whatever parameters the Council would agree on. It sounds not very different than what the UAC would be doing under the rolling 12 month plan but it might differ somewhat from where they are heading giving it a more specific time frame and focus. Ms. Fong said that it really is in the UAC work plan. She reiterated that there are four new members coming on board so she can not gauge where they are on these issues. The UAC will bring this to the Finance Committee after it's discussed at the UAC and then bring it to the Council. A study session that does include the UAC and Council would be a healthy discussion and would guide and inform the UAC where this should be taken without specific Council action. Chair Burt said he believed the sense of the Finance Committee was that they would like to have the Council look at a more clear direction on what they are seeking in the upcoming months. It mayor may not be different than what they are already receiving from the UAC. He didn't know if the more thorough evaluation of a greater emphasis on conservation of energy use reduction would have been as high on the priority list as it might be coming from the Council. He said there are two options, 1) Deferring to the study session with the UAC to figure out what the Council wants and to make a more specific request at an agendized meeting, or 2) At this point in time request that this subject be a second agendized item at the time that we discuss item three as tonight. MOTION RESTATED: Council Member Schmid moved, seconded by Chair Burt, to direct Staff to work with the UAC and then report back to the Finance Committee with a re-examination of the goals and the matrix that are being used in the alternate energy program as a second agendized item when the UAC discusses the Power Purchase Agreement with Ameresco Johnson Canyon, LLC with the Council. MOTION PASSED: 3-0 Klein absent 07/21/08 FIN:090721 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: CITY MANAGER'S OFFICE DATE: AUGUST 3, 2009 CMR: 344:09 REPORT TYPE: CONSENT CALENDAR SUBJECT: Approval of transfer of $70,000 from Council Contingency to fund High Speed Rail Informational Symposium, Design Workshop, and Technical Consulting Services related to City review of the San Francisco to San Jose High Speed Train (RST) Project EIR. RECOMMENDATION Staff recommends that the City Council approve a transfer from Council Contingency in the amount of $70,000 to fund activities related to the staff and Council High Speed Rail Ad Hoc Committee review of the San Francisco to San Jose High Speed Train Project EIR, including the following: 1. A budget of $20,000 for the City's share of two important out reach events Palo Alto is taking the lead on in coordination with the Peninsula Cities Consortium: a) the High Speed Rail Informational Symposium (or "Teach In") on September 12th, a one-day session intended to bring High Speed Rail experts to a series of panel discussions followed by facilitated community discussions. Estimated Cost: $5,000; and b) The Design Workshop, a two-day event on October 3rd and 4th bringing urban design professionals to develop design plans for best integrating high speed rail into the Palo Alto community. Estimated Costs: $15,000. 2. A budget of $50,000 to fund the retention of outside expertise to provide peer review and analysis of technical documents including the project alternatives analysis as they are released by HSR staff. BACKGROUND On May 18th the Council adopted Guiding Principles to provide direction to the High Sped Rail Ad Hoc Committee. Mayor Drekmeier appointed Council members Kishimoto, Barton, Burt, and Klein to this committee. The Ad Hoc Committee has been working closely with the Peninsula Cities Consortium (PCC) to develop public outreach and education efforts and to explore urban design solutions that consider community values for the high speed train project. CMR:344:09 Page 1 of3 DISCUSSION In order to proceed with the next steps in the PCC process and Ad Hoc Committee and Council review of the San Francisco to San Jose High Speed Train Project EIR, staff has identified the need for funding of approximately $70,000 for the following three activities: 1. High Speed Rail Informational Symposium As a member of the PCC and working in cooperation with its partner agencies, Palo Alto will sponsor an all-day "teach-in" on September 12, 2009 in the Palo Alto City Council Chambers as a prelude to the October workshop. The purpose of the "teach-in" is to provide the public with training in urban design and planning concepts and to bring all attending up to the same baseline level of knowledge in preparation for the urban design workshop. Caltrain experts will make a presentation on the basics of best practices of railroad planning and design. The expert presentation will be followed by series of panel discussions followed by facilitated community discussions and answer any technical questions from the public. The total cost of this project is $5,000. Caltrain, acting in its capacity as the project manager of the HSR project, has offered to participate to offset the event costs. 2. Urban Design and Planning Workshop A more complete two-day design workshop is scheduled for October 3rd and 4th. The workshop will focus on the Palo Alto segment of the HST/Caltrain corridor including segments north and south of the city limits in adjacent cities. The workshop will be open to the public and staffed with design professionals and organizers from the broader design community who have agreed to volunteer their time to participate in this event in order to minimize costs. This two-day event will be similar to a design charrette. On the first day of the workshop, there will be a briefing by design professionals, brainstorming and interviewing sessions for all participants and an opportunity to form teams to work on design concepts. On the second day, a team of national experts will present conceptual urban design plans. The workshop is largely organized by volunteers supported by Palo Alto staff. The workshop participants will also be volunteers. Input and consultation has all been accomplished through volunteers and community leaders. The total cost of the event is estimated to be $15,000 which will be funded by the City, but staff will be contacting Caltrain regarding co-sponsorship of this event. The Council requested that the HSR subcommittee (Kishimoto, Barton, Burt, and Klein) return with a budget prior to expending $15,000. Incidental expenses involve room rentals, document preparation, base maps, printing and video documentation. 3. Technical Expertise Consultant As reported in the last HSR staff report on July 20th, the California High Speed Rail Authority (HSRA) team released the draft scoping report for the San Francisco to San Jose High Speed Train project in June. The next steps for the HSRA team include initiation of the alternatives analysis, technical evaluations, and preparation of the draft Project EIRiEIS, scheduled for release in the first quarter of 20 11. CMR:344:09 Page 2 of3 Staff has recognized the need for the City to retain outside expertise as technical documents are released by HSRA staff. This fall, HSR staff anticipates releasing drafts of the alternatives analysis. Staff anticipates that the Ad Hoc Committee and Council will need independent peer review of technical conclusions such as tunneling feasibility and other below grade options, costs, and railroad operations. Staff is requesting $50,000 to retain expert engineering consulting servIces. POLICY IMPLICATIONS This action is consistent with existing Council policy direction. RESOURCE INIP ACT Funding for the HSR Ad Hoc committee was not included in the City's FY 2010 Adopted Budget. Staff is requesting that the City Council's Contingency Account provide the funding in the amount of $70,000 for the activities described above. The City Council's annual appropriation for the contingency account is $250,000. This transaction will reduce the City Council's contingency account from $250,000 to $180,000. ENVIRONMENTAL REVIEW This request for funding is not considered a project under the California Environmental Quality Act. PREPARED BY: /'" 7 STEVE EMSLIE CITY MANAGER APPROVAL: ---- CMR:344:09 Deputy City Manager JAMES KEENE City Manager Page 3 of3 TO: FROM: DATE: REPORT TYPE: SUBJECT: HONORABLE CITY COUNCIL CITY MANAGER DEPARTMENT: UTILITIES AUGUST 3, 2009 CMR: 336:09 CONSENT Approval of Recommendation to Direct Staff to Design a Third-Party City of Palo Alto Utilities Department Zero-Interest Energy Efficiency Loan Program for Small Commercial Customers RECOMMENDATION Staff recommends that Council directs staff to design a pilot Utilities zero-interest energy efficiency loan program, to be administered by a third party contractor, and targeting small commercial customers. The program design and time line for implementation will be submitted to Council for approval by September 30, 2009. A Request for Proposals to find a third party contractor to implement and administer this program for the City will also be released by September 30, 2009. Responses are expected by November 2009 and a program contract is expected to go to Council by the first quarter of 201 O. BACKGROUND On May 18, staff brought a report to Council identifying the costs associated with in-house programming and implementation of on-bill and off-bill loan financing options in the new Utilities SAP-Customer Care and Service (CCS) billing system (CMR:234:09). At that time, staff recommended a multi-pronged approach to energy efficiency loan financing including: short-term contracting with a commercial lending institution to provide traditional secured loans; longer-term staff review and implementation of Utilities on-or off-bill energy efficiency loan financing; and investigation of a lien-based loan repayment through property taxes. These loans will assist small businesses in implementing energy efficiency measures. One of the major barriers to implementation is the upfront cost, which the loans will pay for. On May 18, 2009, Council directed staff to return by September 30 with a plan to quickly implement an on-bill or off-bill Utilities-financed loan program for businesses wishing to improve their energy efficiency to install equipment such as new lighting or heating, air conditioning ventilation (HV AC). Staff was also directed to solicit input and assistance from community volunteers. This community input has resulted in the current third-party-based proposal. CMR: Page lof5 - DISCUSSION Community Input Since May 18, staff has investigated the implementation requirements for both on-bill and off- bill Utilities financing programs and obtained input from a number of individuals including Asher Waldfogal, Utilities Advisory Commissioner, Walter Hays of the Community Environmental Action Partnership (CEAP), Jim Baer of Premier Properties, and Debbie Mytels of Acterra. The interests of the various stakeholders are aligned as follows. Environmental advocates want to reduce energy consumption by a significant percentage in the shortest timeframe possible. Property owners and managers want to identify new ways to partner with tenants to reduce energy consumption. The City of Palo Alto (City) wants to design and implement a loan program which meets the needs of the participants, protects rate payers from the risk of loan defaults, and minimizes program administrative costs. Utilities Bi1ling System Staff initiated discussions with the contractor that implemented the City's new SAP utility billing system, HCL-Axon (Axon). Staff asked Axon to develop cost estimates and timelines for on-bill and off-bill loan management options. The cost for three scenarios were developed. The "Minimalist CCS" scenario allows for a very simple on-bill financing approach with no changes to the customer program, no early payment option, no loan payment transfers from one customer to the other, and no changes in loan rates. The cost for the "Full-Functionality CCS" accommodates a more robust on-bill financing scenario at significantly greater cost than the "Minimalist CCS." The "SAP Loan Management" scenario is an "off-the-shelf' SAP product that can be used to implement off-bill financing. The table below highlights the key attributes and costs for the three options. Loan Financing and Management Alternatives (Billing S stem) Attribute Minimalist CCS Full-functionality CCS SAP Loan Mana2ement Integrated Yes Yes No w/utility bills Integrated Yes Yes No w/utility bill payment Code enhancement Medium Complex Mimmal required Impact on bill Requires changes to bill print Requires changes to bill No changes to bill print printing print separate document Technical support Limited support from SAP Limited support from Supported by SAP SAP Functionality Limited: No adjustable rates, Full functionality of Full functionality of no early payment, no loan advanced payment advanced payment transfers processing processing r---$89,000 $530,000 $531,000 Cost Development time 2 months 6 months 6 months Third-Party Programs As an alternative to using the Utilities billing system, the City can contract with a third-party Non Governmental Organization (NGO) to provide loan management services related to facility energy efficiency improvements. This model would be similar to the management of several CMR: 336:09 Page 2 of5 I existing Council-approved energy efficiency programs. Examples of these programs include Right Lights+ with Ecology Action and Green@Home energy audits through Acterra. This approach can result in a lower program implementation cost with greater flexibility. A qualified NGO could efficiently operate an energy efficiency loan program, resulting in greater economies of scale. This is the program design alternative preferred by the majority of the stakeholders due to greater speed to market, lower impact on City staffing requirements, and the ability for staff to utilize existing contractual resources to support loan program auditing, inspection, and Measurement and Verification (M& V) functions. One or more NGO contractors would be selected via the City's Request for Proposals process. Other Utility Loan Programs In addition, staff engaged in discussions with other utilities in California and Connecticut that have implemented programs for energy efficiency financing to gain insight from those organizations. While several municipalities contract with lending agencies to provide energy efficiency loans and several utilize property lien systems, no municipalities engage in unsecured financing of energy efficiency projects. There are some investor-owned utilities with on-bill financing programs including San Diego Gas and Electric and Southern California Gas Company (both subsidiaries of Sempra) and the United Illuminating Company in Connecticut. Staff reported on some of the findings regarding these programs in CMR: 234:09 on May 18, 2009. Also in that report, staff referenced Sacramento Municipal Utility District's (SMUD's) off-bill financing program, which is limited to property owners. While some information can be gleaned regarding program development cost, loan parameters, default rates and ongoing staffing requirements, none of these programs translate directly to the program under consideration for Palo Alto. Staffhas focused the investigation into two different loan financing and management options: • Traditional and non-traditional third-party programs delivered through non-governmental organizations (NGO), and, • Billing and repayment through the City's current SAP billing system. Staff solicited input from the community volunteers to help determine which option best meets stakeholder needs. Preliminary Legal Review and Administrative Review The City Attorney's office investigated state requirements for loan programs and the program elements needed to mitigate the risk to the City and rate payers. The City Attorney's office determined the City is exempt from the State of California Finance Lender's Law, and, since this program is conceived for business efficiency loans only, the Truth in Lending Act. Exemption from both of these laws will greatly reduce the amount of documentation, implementation time and oversight required to develop either of the program options described above. Staff is still reviewing other potential legal requirements, such as the Equal Credit Opportunity Act, to determine how this might impact the program. In addition to legal review, staff is evaluating requirements for serving in the role of lender and loan administrator. CMR: Page 3 of5 Proposed Utilities Program Attributes and Outstanding Issues Anyon-bill program approach would require sufficient time for the SAP-CCS billing system to address all of the post-implementation bugs and for the system to achieve full stability, irrespective of the high programming costs for implementation. Staffs conclusion is that the third-party program design is the best solution to meet both the Council's goals and customers' requests for a program that can be quickly implemented. An on- bill program appears too complex, time consuming, and costly for the implementation timeline under consideration. An off-bill program would require significant increases in staff resources and significant delays in speed to market while these resources were identified and assembled. For these reasons, attention is now being focused on deVeloping a Request for Proposal (RFP) scope of work for third-party loan services. Preliminary program attributes include: 1. Loans will be restricted to commercial customers in good standing, and a loan agreement will be required. 2. The borrower will be the tenant (except in the case of master meters). Landlord permission will be required. 3. The maximum loan amount is equal to total equipment cost plus total installation cost less rebate. 4. Loan repayment by owner when the tenant is in default or the building space is unoccupied. These will be unsecured loans and measures to establish credit worthiness will be required. 5. The program will apply to electric and gas energy efficiency projects, but not water. Issues to be Addressed The following issues are being analyzed and will be addressed in the September 2009 staff memo to Council: 1. Legal constraints to offering loan programs through a third-party program provider 2. Co-sign requirement for the loan 3. Borrower qualifications and credit status 4. Qualifying measures 5. Potential of combining rebates and loans 6. Loan minimum and maximum amounts 7. Program funding and budget 8. Repayment terms 9. Transaction documentation and loan agreements 10. Risk management approvals 11. Verification of purchases/installations 12. Loan payments to tenant and/or vendor 13. Loan adjustments to accommodate project cost changes 14. Contractor Lists or multiple bid requirement 15. Loan commitment period for project completion 16. Source of loan funds (which could include funds from the Electric Reserve Account known as the Calaveras Reserves and which would require Council review and approval) 17. What customers qualify for loans 336:09 Page 4 of5 18. The City can place a lien on property if the loan is unpaid, provided that Council adopts an ordinance codifying the lien procedure prior to implementing the program. Staff is still working on understanding these issues. Most will be addressed before going out with an RFP for a contractor. Some issues may be impacted by the third-party contractor preference. RESOURCE IMPACT At this point, no significant resource impacts have occurred. Staff time to develop the program has been allocated and some costs for outside legal review have been incurred. While funding for this proposed pilot project could come from the Calaveras Reserve, staff will evaluate all funding options and return with a complete program implementation proposal to Council upon receipt of proposals from third party vendors. This timeline is expected to be in the first quarter of2010. POLICY IMPLICATIONS Implementing this financing mechanism will reinforce to the City of Palo Alto's policies and goals to encourage energy efficiency installations and to assist customers in their attempts to use electricity and natural gas more effectively. Goals being supported include the City Council Priority Number Three, "Environmental Protection," the Ten Year Energy Efficiency Program, and the Climate Protection Plan. ENVIRONMENTAL REVIEW The study of the City's provisions of these services does not constitute a project pursuant to Section 21065 of the California Public Resources Code, thus no environmental review under CEQA is required. ATTACHMENT A. CMR 234:09 -Approval of Plan to Develop Three Options for a City of Palo alto Utilities Customer Energy Efficiency Financing Program PREPARED BY: JOYCE KINNEAR, Utility Marketing Services Manager KARLA DAILEY, Senior Resource Planner TOM AUZENNE, Assistant Director, Utilities JANE RATCHYE, Assistant Director, Utilities DEPARTMENT APPROVAL: .~ VAL~RI~NG Director of Utilities CITY MANAGER APPROVAL: ~ ~~ JAMES KEEN Q./ City Manager >' CMR: 336:09 Page 5 of 5 ATTACHMENT A TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: UTILITIES DATE: MAY 18, 2009 CMR: 234:09 REPORT TYPE: CONSENT SUBJECT: Approval of Plan to Develop Three Options for a City of Palo Alto Utilities Customer Energy Efficiency Financing Program RECOMMENDATION After researching four options that could provide a City of Palo Alto Utilities (CPAU) customer energy efficiency financing program, staff recommends that City Council direct staff to develop a multi-prong approach to meet customer needs by offering different solutions over a timeline that would allow programs to phase in as soon as they are possible. • The first, early option would be to contract with a lending agency to provide energy efficiency loans. This program is likely able to start within six months. • In parallel, City Council would direct staff to undertake a thorough legal and administrative review of one or both of the following programs: (i) an on-bill or off-bill financing program; (ii) a municipal financing program that would allow property owners to repay energy efficiency loans through superior liens on property tax bills. Pursuing different program options provide the greatest flexibility to customers in financing efficiency upgrades, allowing both residential and business customers to receive loans for a variety of upgrades at a low or no cost interest rate (depending on the City's cost to buy down the interest rate). If Council does direct staff to implement a financing option, staff will return to Council with the details of the programs and a more complete timeline after detailed legal and project reviews are completed. This will be delivered to Council by the end of the third quarter in 2009. BACKGROUND City Council members have requested that staff review financing options for CP AU customer energy efficiency installation projects. A financing program helps to overcome the first cost barrier that inhibit customers from investing in energy efficient equipment. Depending on the repayment terms of the financing program, the loan payments would be offset by the energy cost CMR: 234:09 Page 1 of8 savings, resulting in significantly lower upfront cost to the customer. Staff has reviewed four program types available in the industry: 1. Superior liens payable on property tax bills, 2. Notes secured by a Deed of Trust, 3. On-Bill or Off-Bill Financing, and 4. Contracting with a lending agency to provide efficiency loans. To date, staff has spoken with several utility, industry and City representatives, and completed a preliminary analysis of the costs and risks associated with each type of financing program. Each type of financing program for customer energy efficiency and renewable projects has different legal, financial, and customer costs, benefits, and risks. Each methodology would require some lead time to implement and most would require additional staffing for program development and administration. The types of energy efficiency financing are summarized below. A full discussion of the costs, benefits, and risks is presented below in the Discussion section. Superior Liens Payable on Property Tax Bills: Charter cities may use one of two methods to create superior liens on property which secure the repayment of energy retrofit loans. The first is to create contractual assessments; the second is to create a Mello-Roos community facilities district. Each of these debts is paid on the property owner's property tax bill, through a contractual assessment that is not a tax. Note Secured By Deed of Trustfrom the Property Owner A note secured by deed of trust is a lien on the property and is paid on a monthly or other time period basis. Repayment may also be required within a short period of time or upon sale. However, such a lien is last in priority after other liens. In other words, in the event of foreclosure, this lien will be last to be paid back from the equity left in the property (if any exists) after other pre-existing mortgages and liens. This makes the property appraisal prior to the retrofit much more important. If the City does not do an extensive appraisal, it is possible to lose money when homes are foreclosed. On the other hand, formal appraisals increase the cost of making the loans in the first place. According to the Santa Clara County Assessor's Office, eight properties were foreclosed in Palo Alto in calendar year 2008. Loan Paid on Utility Bill (HOn-Bill Financing") or with the Utility Bill (HOff-Bill Financing") Another option is a loan taken by the customer from the utility for an energy efficiency upgrade. The loan is repaid on the utility bill and is called "on-bill financing." This kind of loan is unsecured and thus dischargeable upon bankruptcy. This option is likely only available to businesses under California law. Loans to customers would come with significant cost, reporting, and auditing requirements for the City. A variation of this option is to provide "Off-Bill Financing." In this option, the utility provides funding for a project, and the bill is manually computed separately from a utility bill. The bill for an energy efficiency project can be included with the utility bill. Contracting with a Lending Agency (Bank or Credit Union) to Provide Low/No-Cost Efficiency Loans A program widely undertaken by many utilities including Alameda Municipal Power and City of Palo Alto several years ago is for the utility to work with a lending institution or credit agency to provide loans for customers' efficiency projects. Staff is currently discussing the interest of the local credit union in revitalizing this program. -------CMR: 234:09 Page 2 of 8 DISCUSSION Superior Liens paid on property tax bills. Using superior liens to assure loan repayment is desirable for several reasons. First, these liens are superior to all other liens and mortgages on the property with the exception of property tax. In the case of bankruptcy or foreclosure, the City will be repaid second, after only the county. The lender would be third. In addition, repayment may be scheduled for a short period of time. This will prevent legal challenges on issues including successor liability and gifts of public funds. There are two ways to set up a system in which the loan would be treated as a lien on property. The first is to create a contractual assessment pursuant to the Improvement Act of 1911, which was amended last year by AB 811 specifically to allow the creation of contractual assessments for energy retrofits. To create contractual assessments, which take the form of liens on affected property, Council must adopt a resolution initiating study of an AB 811 program and determining that the program would be in the public interest. Next, the City will create a report that ensures that the assessment is based on a specific benefit to the property and defines program specifics. The contents of the report are specifically enumerated in the amended Improvement Act. After the report is complete, Council must hold a hearing and adopt a second resolution establishing and approving the program. AB 811 contractual assessments take place only upon consent of the property owner or owners. Additionally, AB 811 affirms that the lien created by this assessment would be superior to all other liens and mortgages on the property. The City, as assessment administrator, could require property appraisals and a credit review prior to lending. Cities are permitted to issue bonds to support an AB 811 program, and program administration costs can be built into the loan amounts. A second way to create a loan repaid on the property tax bill is to create a Mello-Roos community facilities district. AB 811 Programs and Mello-Roos districts have four main commonalities: 1) both allow a lien to be placed against the property, 2) both are done with property owner consent, 3) both allow the lien to be secured with bonds or other financing, and 4) both ensure that the lien is positioned ahead of the mortgage in the event of foreclosure. Creating a Mello-Roos district, or special tax assessment district, is an option available only to charter cities such as Palo Alto. In 2007, Berkeley used a Mello-Roos-like formulation to create a solar loan program called BerkeleyFIRST. Because a Mello Roos district creates a tax, it does not have to be apportioned based on the exact benefit to the property. This means that less background justification will be required, though it is, of course, optional. To use this procedure, Palo Alto would first enact legislation allowing it to create a special tax assessment district and to fund the program from its electric utility funds. At creation, this district will be city-wide, but "empty" -property owners will choose to opt into it, thus avoiding Proposition 218 requirements for a city-wide vote. Once a property owner opts into the district, the energy retrofit will be installed and the City will assess a special tax on the affected property. This tax would be paid back to the electric utility via the yearly property tax bill. There are benefits to this option. While it may take more background research to form and staff time to administer, it is by far the most secure option, may be designed to suit the City'S specific needs, and is suitable for residential customers, commercial customers, and even property CMR: 234:09 Page 3 8 owners with tenants. The staff time to coordinate between the County assessor, property owners, and contractors is not insignificant, however. The City of Berkeley has a full-time staff person assigned to its $1,500,000 pilot SolarFIRST program (in addition to working with bond counsel and consultants to administer the program). There are contractors who have assisted cities and counties in the development of this type of program, e.g. the City of Palm Desert and Sonoma County used the same consultant in setting up their AB 811 program. To lower the implementation costs of an AB 811 program the City could participate in a county-wide or even a statewide program. One such program that is currently being developed by Renewable Funding, a private investment firm, is the CaliforniaFIRST Statewide Program. Note Secured by Deed o/Trust from the Property Owner: A note secured by deed of trust is a lien on the property and is paid on a billed basis. Repayment may also be required within a shorter period of time or upon sale. However, such a lien is last in priority after other liens. In other words, at foreclosure, this lien will be last to be paid back from any equity left in the property after other pre-existing mortgages and liens. This makes the property appraisal prior to the retrofit much more important. If the City does not do an extensive appraisal, it is more likely to lose money when homes are foreclosed. On the other hand, a formal appraisal increases the cost of making the loans in the first place. More research on this option could be completed; however, due to the fact that this lien would require similar up-front costs as with the superior liens and would be much riskier to the City, this option has not been researched extensively. On or Off-Bill Financing: On-bill financing incorporates 0% interest loans and short payment terms for customers, allowing easier payment of upfront costs to install efficiency measures. A drawback to this option is that the utility is exposed to default risks. The risk of default increases over time particularly for efficiency projects with long payback periods. Consumer lending laws and license requirements make lending funds for non-business customers for less than $5,000 a very arduous and expensive process. As in a lease, collection problems could also arise upon sale or foreclosure, making it important that adequate screening is done before approving a loan. Non- payment of the loan portion of the bill likely cannot justify turning utilities off. One of the largest concerns about this method is that it is insecure for the City and entails risk of nonpayment and of implementation, which results from an inexperienced entity trying to become a lender and high upftont program implementation costs over a relatively small base of participants. Program implementation costs consist of utility billing system conversion cost and ongoing program administration cost. At Southern Gas Company (SGC) and San Diego Gas & Electric (SDG&E), both subsidiaries of Sempra Energy, the conversion costs were relatively high and the process time consuming. At SDG&E, the billing IT conversion took one year and cost around $400,000. The program has been in place since 2006, and there are 3 full time employees currently administering the program. To date, there have been 120 projects funded, and an average of one application is filed per week. At SCG, the IT utility bill conversion project cost about $120,000. The program has also been in place since 2006, and one and one-half full-time employees are required to administer the program. This program has only nine customer projects funded. These utilities were not comfortable giving out information about the exact number of defaults, but CPAU staff members were led to believe that default rates are relatively low, and the utilities expect a one to five percent default rate. CMR: 234:09 Page 4 of8 To implement an on-bill financing program for the City, staff working on the SAP utility billing system conversion estimated the cost will be $500,000. Billing system upgrades typically involve a fixed number of programming hours regardless of the number of customer accounts. Therefore, the cost for system upgrade on a per customer basis is much higher in smaller utilities. Staff estimates that an implementation of an on-bill financing program would take at least 24 months. Off bill financing is used by the Sacramento Municipal Utility District (SMUD). It helps to provide funding for efficiency projects without changing the utility's billing program. To avoid the issues related to utility billing systems and much of the risk with lending to tenants, SMUD lends only to property owners and sends the bills through a separate system in the same envelope as the utility bilL To further reduce utility risk, SMUD has a limit of $10,000 per loan, charges the customers interest and an application fee to cover the costs of the program, and has credit requirements for any customer who wishes to enroll in the program. Information is not yet available on exact numbers of customers involved or in the numbers of defaults, but SMUD staff have told CP AU staff that loan applications are not high. Within the state of California, there are stringent legal, licensing and reporting requirements to consumer loan providers. Some of these requirements come from the Truth in Lending Act, the Equal Credit Opportunity Act, the California Code of Regulations and the California Finance Lender's Law. Consumer loans are any loans for residential use or any commercial loan of less than $5,000. These requirements are so onerous that the two utilities in California providing on- bill financing, SGC and SDG&E, have chosen not to include this type of loan for residential customers or for commercial customers seeking less than $5,000 in their program. Even for commercial loans, there are lengthy and costly licensing requirements. This begins with completing the license application with the State Department of Corporations (http://www.corp.ca.gov/forms/pdfI1422CFLLF.pdf). To avoid some ofthe restrictions and cost of the license (which is based on total business sales, not a percentage of the lending operation), SGC and SDG&E obtained an official exemption from the Department of Corporations for these areas. This exemption process took six months. CPAU staff was advised by Sempra staff that it is unknown whether this exemption would be available for publicly owned utilities, as part of the justification from the Department of Corporations for the exemption was that a state body (the California Public Utilities Commission) would be over-seeing the program. Once this exemption was in effect, the utilities still had to follow general guidelines with extensive reporting and compliance requirements as listed below: o Licensees are subject to periodic regulatory examinations that the licensee must pay for. o Licensees must pay an annual assessment each year. o Licensees must file an Annual Report by March 15th each year. o Licensees are subject to statutory books and record requirements. o Licensees are responsible for compliance with all applicable laws and regulations. o Licensees must maintain a $25,000 surety bond at all times. Typically, applicants must receive a loan approval from the utility prior to installation of any equipment. The installation property must have an active, connected electric account with the utility and, preferably, no record of missed or late payments. The equipment to be installed must meet all the efficiency requirements as a rebated item. To determine the amount of the loan, the utility will evaluate the simple payback period of the equipment installation. loan CMR: 234:09 Page 5 of 8 periods are limited to three to five years. Equipment for which a loan is received must have a payback that is shorter than the loan period. If this method is ultimately selected, it should be coupled with an unsecured promissory note and the loan capped at a pre-determined amount to minimize the risk of non-payment. Staff has not completed a thorough legal review of this option due to its complexity and will need to conduct a more thorough review should the Council direct staff to pursue this option. Contracting with a Lending Agency: Since the purpose of a lending agency is to provide loans, several utilities with whom CP AU staff spoke have developed this option. The City of Palo Alto itself, in late 1999 (CMR 447:99), contracted with the Palo Alto Community Federal Credit Union to provide home energy efficiency improvement loans with City subsidized loan rates. This contract was completed after a Request for Proposals response from the Credit Union to provide loans during a two year program life to customers who wished to install efficiency measures. This program was mostly used by residential customers. In particular, residents who owned "Eichler" homes found this a low-cost way to fund efficiency measures. Over $2.2 million was loaned to residents during the program's life. Staff is currently confirming the credit union's interest in reinitiating such a program. Because banks and credit unions are set up to fill customer loans, many of the utility'S administrative issues, such as licensure, restrictions on consumer lending, changes to the utility billing system, or credit requirements, are removed in this option. The utility's cost will be limited to a part-time staff person to assist customers in completing the loan application and any amount the utility wishes to "pay down" the interest rate for customers' loans. This option does have a higher transaction cost for customers, however, as customers must work with both utility and lending agency staff to complete the transaction. Alameda's collaborative program with a local bank offers business customers low-interest loans for approved electric technologies, including energy-efficient lighting and charging equipment for electric vehicles. Several outside agencies, most particularly the Electric and Gas Industries Association (EGIA) also provide a service of utility sponsored financing for residential efficiency and renewable (solar electric and hot water heating) projects. Whether working with a bank, credit union, or agency such as EGIA, the utility assists the customer in developing the project and loan applications and "buys-down" the interest rate. The bank will have pre-developed guidelines for appropriate lending limits and credit requirements and may work with the utility to expand its typical credit requirements. Given the risks and costs involved with the different financing program options, staff recommends that City Council direct staff to contract with a lending agency to provide energy efficiency loans as a short term solution. In parallel, City Council would direct staff to undertake a thorough legal and administrative review of one or both of the following programs: (i) an on- bill or off-bill financing program; (ii) a municipal financing program that would allow property owners to repay energy efficiency loans through superior liens on property tax bills. An off-bill financing program could begin within a year, while an on-bill program is expected to take at least 24 months. The timing of a municipal financing program would depend on whether or not the City participates in a regional or statewide program; such a program will likely take at least 12 months before an official launch. CMR: 234:09 Page 60f8 RESOURCE IMPACT Any of the options discussed in this staff report would have resource impacts on the City. A table summarizing the most important impacts is shown below: Program Upfront Staffing Operations Legal Financing Total Cost Risk (1 Name Capital Estimate for Estimate for Review Estimate to 5, with for 3 Year 3 Year 5 being L~nding Program Program highest) One full-time Superior professional Consultant- Lien on $1,500,000 -salary and Estimated at Outside $1,925,000 1 Property benefits--$50,000 per counsel: Tax $75,000 per year $50,000 year One full-time Outside Note professional Consultant-counsel: $25,000 Secured $1,500,000 -salary and Estimated at plus In-$1,900,000 4* by Deed benefits--$50,000 per house of Trust $75,000 per year counsel: year $10,000 Billing One full-time System--Costs to professional $500,000 In-house Buy- On-Bill $1,500,000 -salary and one time counsel: Down $2,435,000 5* Financing benefits--Marketing, $10,000 Interest- $75,000 per Processing, Estimated year etc.--$50,000 at $50,000 per year One full-time Costs to professional Billing In-house Buy- Off-Bm -salary and processing--Down $1,500,000 counsel: $1,960,000 5* i Financing benefits--$75,000 per $10,000 Interest- $75,000 per year Estimated year at $50,000 One-half full-Costs to • Contract time Buy-professional In-house I with $0 -salary and Minimal counsel: Down $165,000 1 Financing Interest-benefits--$10,000 Agency $35,000 per Estimated at $50,000 year * Some risk can be reduced by program design. Note: all costs are annual for the three year duration of a pilot program except for upfront capital infusion of the program and modifications to the billing system, which are presumed to be one- time. CMR: 234:09 Page 7 of8 Staff will look at ways to keep risks at a reasonable level for other rate payers. Risk reduction methods, including starting with a shorter-term, such as three years, limiting/capping the numbers of customers or dollars invested, and limiting loans to a time period less than the lifetime of the equipment being installed will help to reduce credit risk. In addition, limiting the program to customers who have not had a late payment and who have been utility customers for at least two years can be used as terms to pre-qualifY applicants. Final risk reduction steps will be included when the programs have completed legal and management review and are ready to launch. Funding for this proposed pilot project could come from the Calaveras Reserve and/or Public Benefits funding (if sufficient funds are available in that area without eliminating other efficiency programs). Staff will further review these funding options and return with a complete proposal to implement a program as directed by Council. POLICY IMPLICATIONS Implementing any of these options would demonstrate the City of Palo Alto's policy to encourage energy efficiency installations and to assist customers in their attempts to use electricity and natural gas more effectively. Approval of staffs recommendations to implement a Customer Energy Efficiency Financing Program would support the City Council Priority Number Three, "Environmental Protection." ENVIRONMENTAL REVIEW The provision of these services do not constitute a project pursuant to Section 21065 of the California Public Resources Code, thus no environmental review under CEQA is required. ATTACHMENT None. PREPARED BY: DEPARTMENT APPROVAL: CITY MANAGER APPROVAL: CMR: 234:09 JOYCE KINNEAR, Utility Marketing Services Manager CHRISTINE TAM, Resource Planner AMY BARTELL, Deputy City Attorney KARL VAN ORSDOL, Manager, Energy Risk TOM AUZENNE, Assistant Director, Utilities JANE RA TCHYE, Assistant Director, Utilities JOE SACCIO, Deputy Director, Administrative Services VALERIE O. FONG Director of Utilities LALOPEREZ Director of Administrative Services JAMES KEENE City Manager Page 8 of8 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: UTILITIES DATE: MAY 18, 2009 CMR: 234:09 REPORT TYPE: CONSENT SUBJECT: Approval or Plan to Develop Three Options for a City of Palo Alto Utilities Customer Energy Efficiency Financing Program RECOMMENDATION After researching four options that could provide a City of Palo Alto Utilities (CPAU) customer energy efficiency financing program, staff recommends that City Council direct staff to develop a mUlti-prong approach to meet customer needs by offering different solutions over a timeline that would allow programs to phase in as soon as they are possible. • The first, early option would be to contract with a lending agency to provide energy efficiency loans. This program is likely able to start within six months. • In paraHel, City Council would direct staff to undertake a thorough legal and administrative review of one or both of the following programs: (i) an on-bilI or off-bill financing program; (ii) a municipal financing program that would al10w property owners to repay energy efficiency loans through superior liens on property tax bills. Pursuing different program options provide the greatest flexibility to customers in financing efficiency upgrades, allowing both residential and business customers to receive loans for a variety of upgrades at a low or no cost interest rate (depending on the City's cost to buy down the interest rate). If Council does direct staff to implement a financing option, staff will return to Council with the details of the programs and a more complete timeline after detailed legal and project reviews are completed. This will be delivered to Council by the end of the third quarter in 2009. BACKGROUND City Council members have requested that staff review financing options for CPAU customer energy efficiency installation projects. A financing program helps to overcome the first cost barrier that inhibit customers from investing in energy efficient eqUipment. Depending on the repayment terms of the financing program, the loan payments would be offset by the energy cost CMR: 234:09 Page 1 8 savings, resulting in significantly lower upfront cost to the customer. Staff has reviewed four program types available in the industry: 1. Superior liens payable on property tax bills, 2. Notes secured by a Deed of Trust, 3. On-Bill or Off-Bill Financing, and 4. Contracting with a lending agency to provide efficiency loans. To date, staff has spoken with several utility, industry and City representatives, and completed a preliminary analysis of the costs and risks associated with each type of financing program. Each type of financing program for customer energy efficiency and renewable projects has different legal, financial, and customer costs, benefits, and risks. Each methodology would require some lead time to implement and most would require additional staffing for program development and administration. The types of energy efficiency financing are summarized below. A full discussion of the costs, benefits, and risks is presented below in the Discussion section. Superior Liens Payable on Property Tax Bills: Charter cities may use one of two methods to create superior liens on property which secure the repayment of energy retrofit loans. The first is to create contractual assessments; the second is to create a Mello-Roos community facilities district. Each of these debts is paid on the property owner's property tax bill, through a contractual assessment that is not a tax. Note Secured By Deed o/Trust/rom the Property Owner A note secured by deed of trust is a lien on the property and is paid on a monthly or other time period basis. Repayment may also be required within a short period of time or upon sale. However, such a lien is last in priority after other liens. In other words, in the event of foreclosure, this lien wiH be last to be paid back from the equity left in the property (if any exists) after other pre-existing mortgages and liens. This makes the property appraisal prior to the retrofit much more important. If the City does not do an extensive appraisal, it is possible to lose money when homes are foreclosed. On the other hand, formal appraisals increase the cost of making the loans in the first place. According to the Santa Clara County Assessor's Office, eight properties were foreclosed in Palo Alto in calendar year 2008. Loan Paid on Utility Bill ("On-Bill Financing") or with the Utility Bill ("Off-Bill Financing") Another option is a loan taken by the customer from the utility for an energy efficiency upgrade. The loan is repaid on the utility bilJ and is called "on-bill financing." This kind of loan is unsecured and thus dischargeable upon bankruptcy. This option is likely only available to businesses under California law. Loans to customers would come with significant cost, reporting, and auditing requirements for the City. A variation of this option is to provide "Off-Bill Financing." In this option, the utility provides funding for a project, and the bill is manually computed separately from a utility bill. The bill for an energy efficiency project can be included with the utility bill. Contracting with a Lending Agency (Bank or Credit Union) to Provide LowlNo-Cost Efficiency Loans A program widely undertaken by many utilities including Alameda Municipal Power and City of Palo Alto several years ago is for the utility to work with a lending institution or credit agency to provide loans for customers' efficiency projects. Staff is currently discussing the interest of the local credit union in revitalizing this program. CMR: 234:09 Page 2 of 8 DISCUSSION Superior Liens paid on property tax bills. Using superior liens to assure loan repayment is desirable for several reasons. First, these liens are superior to all other liens and mortgages on the property with the exception of property tax. In the case of bankruptcy or foreclosure, the City will be repaid second, after only the county. The lender would be third. In addition, repayment may be scheduled for a short period of time. This will prevent legal challenges on issues including successor liability and gifts of public funds. There are two ways to set up a system in which the loan would be treated as a lien on property. The first is to create a contractual assessment pursuant to the Improvement Act of 1911, which was amended last year by AB 811 specifically to allow the creation of contractual assessments for energy retrofits. To create contractual assessments, which take the form of liens on affected property, Council must adopt a resolution initiating study of an AB 811 program and determining that the program would be in the public interest. Next, the City will create a report that ensures that the assessment is based on a specific benefit to the property and defines program specifics. The contents of the report are specifically enumerated in the amended Improvement Act. After the report is complete, Council must hold a hearing and adopt a second resolution establishing and approving the program. AB 811 contractual assessments take place only upon consent of the property owner or owners. Additionally, AB 811 affinns that the lien created by this assessment would be superior to all other liens and mortgages on the property. The City, as assessment administrator, could require property appraisals and a credit review prior to lending. Cities are permitted to issue bonds to support an AB 811 program, and program administration costs can be built into the loan amounts. A second way to create a loan repaid on the property tax bill is to create a Mello-Roos community facilities district. AB 811 Programs and Mello-Roos districts have four main commonalities: 1) both allow a lien to be placed against the property, 2) both are done with property owner consent, 3) both allow the lien to be secured with bonds or other financing, and 4) both ensure that the lien is positioned ahead of the mortgage in the event of foreclosure. Creating a Mello-Roos district, or special tax assessment district, is an option available only to charter cities such as Palo Alto. In 2007, Berkeley used a Mello-Roos-like formulation to create a solar loan program called BerkeleyFlRST. Because a Mello Roos district creates a tax, it does not have to be apportioned based on the exact benefit to the property. This means that less background justification will be required, though it is, of course, optional. To use this procedure, Palo Alto would first enact legislation allowing it to create a special tax assessment district and to fund the program from its electric utility funds. At creation, this district will be city-wide, but "empty" -property owners will choose to opt into it, thus avoiding Proposition 218 requirements for a city-wide vote. Once a property owner opts into the district, the energy retrofit will be installed and the City will assess a special tax on the affected property. This tax would be paid back to the electric utility via the yearly property tax bill. There are benefits to this option. While it may take more background research to form and staff time to administer, it is by far the most secure option, may be designed to suit the City's specific needs, and is suitable for residential customers, commercial customers, and even CMR: Page 3 of 8 owners with tenants. The staff time to coordinate between the County assessor, property owners, and contractors is not insignificant, however. The City of Berkeley has a full-time staff person assigned to its $1,500,000 pilot SolarFIRST program (in addition to working with bond counsel and consultants to administer the program). There are contractors who have assisted cities and counties in the development of this type of program, e.g. the City of Palm Desert and Sonoma County used the same consultant in setting up their AB 811 program. To lower the implementation costs of an AB 811 program the City could participate in a county-wide or even a statewide program. One such program that is currently being developed by Renewable Funding, a private investment firm, is the CaliforniaFIRST Statewide Program. Note Secured by Deed of Trust from the Property Owner: A note secured by deed of trust is a lien on the property and is paid on a billed basis. Repayment may also be required within a shorter period of time or upon sale. However, such a lien is last in priority after other liens. In other words, at foreclosure, this lien will be last to be paid back from any equity left in the property after other pre-existing mortgages and liens. This makes the property appraisal prior to the retrofit much more important. If the City does not do an extensive appraisal, it is more likely to lose money when homes are foreclosed. On the other hand, a formal appraisal increases the cost of making the loans in the first place. More research on this option could be completed; however, due to the fact that this lien would require similar up-front costs as with the superior liens and would be much riskier to the City, this option has not been researched extensively. On or Off-Bill Financing: On-bill financing incorporates 0% interest loans and short payment terms for customers, allowing easier payment of upfront costs to install efficiency measures. A drawback to this option is that the utility is exposed to default risks. The risk of default increases over time particularly for efficiency projects with long payback periods. Consumer lending laws and license requirements make lending funds for non-business customers for less than $5,000 a very arduous and expensive process. As in a lease, collection problems could also arise upon sale or foreclosure, making it important that adequate screening is done before approving a loan. Non- payment of the loan portion of the bill likely cannot justify turning utilities off. One of the largest concerns about this method is that it is insecure for the City and entails risk of nonpayment and of implementation, which results from an inexperienced entity trying to become a lender and high upfront program implementation costs over a relatively small base of participants. Program implementation costs consist of utility billing system conversion cost and ongoing program administration cost. At Southern Gas Company (SGC) and San Diego-Gas & Electric (SDG&E), both subsidiaries of Sempra Energy, the conversion costs were relatively high and the process time consuming. At SDG&E, the billing IT conversion took one year and cost around $400,000. The program has been in place since 2006, and there are 3 full time employees currently administering the program. To date, there have been 120 projects funded, and an average of one application is filed per week. At SCG, the IT utility bill conversion project cost about $120,000. The program has also been in place since 2006, and one and one-half full-time employees are required to administer the program. This program has only nine customer projects funded. These utilities were not comfortable giving out information about the exact number of defaults, but CPAU staff members were led to believe that default rates are relatively low, and the utilities expect a one to five percent default rate. CMR:234:09 Page 4 of8 To implement an on-bill financing program for the City, staff working on the SAP utility billing system conversion estimated the cost will be $500.000. Billing system upgrades typically involve a fixed number of programming hours regardless of the number of customer accounts. Therefore, the cost for system upgrade on a per customer basis is much higher in smaller utilities. Staff estimates that an implementation of an on-bill financing program would take at least 24 months. Off bill financing is used by the Sacramento Municipal Utility District (SMUD). It helps to provide funding for efficiency projects without changing the utility's billing program. To avoid the issues related to utility billing systems and much of the risk with lending to tenants, SMUD lends only to property owners and sends the bills through a separate system in the same envelope as the utility bilL To further reduce utility risk, SMUD has a limit of $10,000 per loan, charges the customers interest and an application fee to cover the costs of the program, and has credit requirements for any customer who wishes to enroll in the program. Information is not yet available on exact numbers of customers involved or in the numbers of defaults, but SMUD staff have told CPAU staff that loan applications are not high. Within the state of California, there are stringent legal, licensing and reporting requirements to consumer loan providers. Some of these requirements come from the Truth in Lending Act, the Equal Credit Opportunity Act, the California Code of Regulations and the California Finance Lender's Law. Consumer loans are any loans for residential use or any commercial loan of less than $5,000. These requirements are so onerous that the two utilities in California providing on- bill financing, SOC and SDO&E, have chosen not to include this type of loan for residential customers or for commercial customers seeking less than $5,000 in their program. Even for commercial loans, there are lengthy and costly licensing requirements. This begins with completing the license application with the State Department of Corporations (http://www.corp.ca.gov/forms/pdf/1422CFLLF.pdt). To avoid some of the restrictions and cost of the license (which is based on total business sales, not a percentage of the lending operation), SOC and SDO&E obtained an official exemption from the Department of Corporations for these areas. This exemption process took six months. CPAU staff was advised by Sempra staff that it is unknown whether this exemption would be available for publicly owned utilities, as part of the justification from the Department of Corporations for the exemption was that a state body (the California Public Utilities Commission) would be over-seeing the program. Once this exemption was in effect, the utilities still had to follow general guidelines with extensive reporting and compliance requirements as listed below: o Licensees are subject to periodic regulatory examinations that the licensee must pay for. o Licensees must pay an annual assessment each year. o Licensees must file an Annual Report by March 15th each year. o Licensees are subject to statutory books and record requirements. o Licensees are responsible for compliance with all applicable laws and regulations. o Licensees must maintain a $25,000 surety bond at all times. Typically, applicants must receive a loan approval from the utility prior to installation of any equipment. The installation property must have an active, connected electric account with the utility and, preferably, no record of missed or late payments. The equipment to be installed must meet al1 the efficiency requirements as a rebated item. To determine the amount of the loan, the utility will evaluate the simple payback period of the equipment installation. Typically, loan CMR: 234;09 Page 5 of 8 periods are limited to three to five years. Equipment for which a loan is received must have a payback that is shorter than the loan period. If this method is ultimately selected, it should be coupled with an unsecured promissory note and the loan capped at a pre-determined amount to minimize the risk of non-payment. Staff has not completed a thorough legal review of this option due to its complexity and wi]] need to conduct a more thorough review should the Council direct staff to pursue this option. Contracting with a Lending Agency: Since the purpose of a lending agency is to provide loans, several utilities with whom CPAU staff spoke have developed this option. The City of Palo Alto itself, in late 1999 (CMR 447:99), contracted with the Palo Alto Community Federal Credit Union to provide home energy efficiency improvement loans with City subsidized loan rates. This contract was completed after a Request for Proposals response from the Credit Union to provide loans during a two year program life to customers who wished to install efficiency measures. This program was mostly used by residential customers. In particular, residents who owned "Eichler" homes found this a low-cost way to fund efficiency measures. Over $2.2 million was loaned to residents during the program's life. Staff is currently confirming the credit union's interest in reinitiating such a program. Because banks and credit unions are set up to fill customer loans, many of the utility's administrative issues, such as licensure, restrictions on consumer lending, changes to the utility billing system, or credit requirements, are removed in this option. The utility's cost will be limited to a part-time staff person to assist customers in completing the loan application and any amount the utility wishes to "pay down" the interest rate for customers' loans. This option does have a higher transaction cost for customers, however, as customers must work with both utility and lending agency staff to complete the transaction. Alameda's co]]aborative program with a local bank offers business customers low-interest loans for approved electric technologies, including energy-efficient lighting and charging equipment for electric vehicles. Several outside agencies, most particularly the Electric and Gas Industries Association (EGIA) also provide a service of utility sponsored financing for residential efficiency and renewable (solar electric and hot water heating) projects. Whether working with a bank, credit union, or agency such as EGIA, the utility assists the customer in developing the project and loan applications and "buys-down" the interest rate. The bank will have pre-developed guidelines for appropriate lending limits and credit requirements and may work with the utility to expand its typical credit requirements. Given the risks and costs involved with the different financing program options, staff recommends that City Council direct staff to contract with a lending agency to provide energy efficiency loans as a short term solution. In parallel, City Council would direct staff to undertake a thorough legal and administrative review of one or both of the following programs: (i) an on- bill or off-bill financing program; (ii) a municipal financing program that would allow property owners to repay energy efficiency loans through superior liens on property tax bills. An off-bill financing program could begin within a year, while an on-bill program is expected to take at least 24 months. The timing of a municipal financing program would depend on whether or not the City participates in a regional or statewide program; such a program will likely take at least 12 months before an official launch. CMR: 234:09 Page60fS RESOURCE IMPACT Any of the options discussed in this staff report would have resource impacts on the City. A table summarizing the most important impacts is shown below: Program Upfront Staffing Operations Legal Financing Total Cost Risk (1 Name Capital Estimate for Estimate for Review Estimate to 5, with for 3 Year 3 Year 5 being Lending Program Program highest) One fuJI-time Superior professional Consultant- Lien on $1,500,000 -salary and Estimated at Outside $1,925,000 1 Property benefits--$50,000 per counsel: Tax $75,000 per year $50,000 year One full-time Outside counsel: Note professional Consultant-$25,000 Secured $1,500,000 -salary and Estimated at plus In-$1,900,000 4* by Deed benefits--. $50,000 per house of Trust $75,000 per year counsel: year $10,000 Billing One full-time System--Costs to professional $500,000 In-house Buy- On-Bill $1,500,000 -salary and one time counsel: Down $2,435,000 5* Financing benefits--Marketing, $10,000 Interest- $75,000 per Processi ng, Estimated year etc. --$50,000 at $50,000 per year One full-time Costs to professional Billing In-house Buy- Off-Bill $1,500,000 -salary and processing--counsel: Down $1,960,000 5* Financing benefits--$75,000 per $10,000 Interest- $75,000 per year Estimated year at $50,000 One-half full-Costs to Contract time Buy-professional In-house with Down Financing $0 -salary and Minimal counsel: Interest-$165,000 1 benefits--$10,000 Agency $35,000 per Estimated at $50,000 year * Some risk can be reduced by program design. Note: all costs are annual for the three year duration of a pilot program except for upfront capital infusion of the program and modifications to the billing system, which are presumed to be one- time. CMR: 234:09 Page 7 of 8 Staff wil1 look at ways to keep risks at a reasonable level for other rate payers. Risk reduction methods, including starting with a shorter-term, such as three years, limiting/capping the numbers of customers or dollars invested, and limiting loans to a time period Jess than the lifetime of the equipment being instal1ed wi1J help to reduce credit risk. In addition, limiting the program to customers who have not had a late payment and who have been utility customers for at least two years can be used as terms to pre-qualify applicants. Final risk reduction steps will be included when the programs have completed legal and management review and are ready to launch. Funding for this proposed pilot project could come from the Calaveras Reserve and/or Public Benefits funding (if sufficient funds are available in that area without eliminating other efficiency programs). Staff will further review these funding options and return with a complete proposal to implement a program as directed by CounciL POLICY IMPLICATIONS Implementing any of these options would demonstrate the City of Palo Alto's policy to encourage energy efficiency installations and to assist customers in their attempts to use electricity and natural gas more effectively. Approval of staff's recommendations to implement a Customer Energy Efficiency Financing Program would support the City Council Priority Number Three, "Environmental Protection." ENVIRONMENTAL REVIEW The provision of these services do not constitute a project pursuant to Section 21065 of the California Public Resources Code, thus no environmental review under CEQA is required. ATTACHMENT None. PREPARED BY: DEPARTMENT APPROVAL: CITY MANAGER APPROVAL: CMR: 234:09 JOYCE KINNEAR, Utility Marketing Services Manager CHRISTINE TAM, Resource Planner AMY BARTELL, Deputy City Attorney KARL VAN ORSDOL, Manager, Energy Risk TOM AUZENNE, Assistant Director, Utilities JANE RA TCHYE, Assistant Director, Utilities JOE SACCIO, Deputy Director, Administrative Services L~~~pL.J Director of Administrative Services Page 8 of 8 CITY OF PALO ALTO MEMORANDUM DATE: August 3, 2009 TO: City Council FROM: Donna Grider, City Clerk and Kelly Morariu, Assistant to the City Manager SUBJECT: Request for City Council Approval of a New Contract with the Independent Police Auditor, OIR (Office of Independent Review) for Up to Three Years in an Amount Not to Exceed $27,500 Per Year and Approval of $1,500 from the Council Contingency RECOMMENDATION Staff is requesting the City Council to approve a new contract with the independent police auditor, OIR Group, and to approve $1,500.00 be taken from the Council Contingency account to fully fund this contract for the 2010 fiscal year. The contract would be for three years, however, the City retains the right to terminate for any reason with ten days notice. BACKGROUND On August 7, 2006 the City of Palo Alto entered into a one-year contract with Michael J. Gennaco and Robert Miller of the OIR (Office of Independent Review) Group to provide audit services of the Palo Alto Police Department. In September 2007, the contract was brought back to Council to renew for an additional two years. The contract with OIR Group is due to expire on September 9, 2009. We have spoken with the OIR Group and they are willing to continue providing their services to the City of Palo Alto. They have advised us that the new rate for Mr. Gennaco is $215.00 per hour and $190.00 per hour for Mr. Miller. The total compensation for per year would not exceed $27,500.00. The current Contract Account budget is based on previous rates, leaving a shortage of $1,500.00 to fully fund this contract. Staff is asking Council to approve moving $1,500.00 from the Council Contingency Fund to fully fund this contract for the 2010 fiscal year. Going forward in the next budget years we will increase the Council’s contract budget to include the full amount for this contract. CITY OF PALO ALTO CONTRACT NO.: CI0133537 AGREEMENT BETWEEN OF PALO ALTO ....., ..... £-.......:.JI,J GENNACO AND ROBERT MILLER FOR PROFESSIONAL SERVICES INDEPENDENT POLICE AUDITOR This AGREEMENT is entered into on this 3rd day of August, 2009, OF PALO a California municipal GENNA CO at 4900 ·"'Tn' .......... " ... CA ("CONSULTANT"). RECITALS The following recitals are a substantive portion of this Agreement. A. intends to contract audit services ("Project") and desires to ~"e"'e~ a consultant to provide services in vULllJ."""H'-'U with the Project B. CONSULTANT represented that it necessary professional expertise, qualifications, and capability, and aU required licenses and/or certifications to provide the Services. C. CITY in reliance on these representations desires to engage CONSULTANT to provide the Services as more fully described in Exhibit "A", attached to and made a part of this Agreement. NOW, THEREFORE, of the covenants, parties AGREEMENT =.=..:::.=~~==,-",,-,::...;;;:.=~=.:::;.' CONSULTANT shall perform the Exhibit in accordance with the terms and conditions contained in this performance of all Services shan to the reasonable of CITY. this Agreement shall he from the date of its execution through .. ~ ...... ~~ earlier pursuant to Section 19 of this Agreement. u ....... Uj,." this described in ... gn~emem. The 2,2012 ~~~~~~!'!;!;~~~:!.!:...!...!i::~~~~~:9.' Time is of the essence in the ... .,.,.'1'1'\ .. ""0,,,1"'<> Services this Agreement. CONSULTANT shall complete Services within Agreement and in accordance with schedule set forth in B A", attached to and of this Any Services are not be by in a reasonably n1"n'mnr timely manner based upon the and direction communicated to the CITY's to extend the term or the schedule for performance shall not preclude recovery of damages delay if the extension is required due to the fault CONSULTANT. Professional SelVices Rev. 2009 CONSULT ANT shall not receive any compensation .. ,...."fT,..... authorization of CITY. Additional necessary for the "'1"1'\"""'", Scope of Services described "A". reimbursable eXI)en.ses Michael Gennaco Miller shall put "City of applicable, receipt. paid to performed without shall mean work is determined by which is not included within the task. The 1.I.n .. a,",vu by CITY. lll"'UQ.J!;"'l at the specified l11V'U1\ ... '~" within thirty (30) days of All of the shall be performed by CONSULTANT CONSULTANT's supervision. CONSULTANT represents professional technical necessary to perform the ...... rvlr''''' '"""l1n1 ...... 11 by this Agreement that the have sufficient skill experience to perform the assigned to CONSULTANT that it, its employees and sub consultants, if permitted, have and shall maintain during the term of this an permits, qualifications, insurance and approvals of whatever nature that are legally required to perform Services. All of the services to be furnished by CONSULT ANT under this shall meet the professional standard and quality that prevail among professionals in the same discipline of similar knowledge and skill engaged in work throughout California under the same or similar circumstances. ~~~~:':"":::~~~~~i:!....!.l:..:!!:...!!:.~!::!2.~. CONSULTANT shan keep itselfinformed compliance with all federal, state and laws, ordinances, regulations, and orders may affect in manner the or the performance of Services or engaged to perform Services under this Agreement. CONSULTANT shall procure all and pay all charges and fees, and give all notices required by the performance of the ~~~!.l..!:~~~;22~~~~.:!2' CONSULTANT shall correct, at no cost to CITY, any and all errors, or ambiguities in the product submitted to CITY, provided CITY gives notice to CONSULTANT. If CONSULTANT has prepared plans and specifications or other design uV\ .. UU.l.VU,,, to construct the Project, CONSULTANT shall be obligated to correct any all errors, 4 \\Cc-lCmlshared\ASO\PURCH\SOLICITA nONS\CUR.R.ENT BUYER-CM FOLOSRS\UTILITIES -CAROL YNN\Sbort F'orm.ExemptBelow2SK\C10 133537 OIR Contmct\OIR CONTRACT .doc Professional Sel"lliees Rev. JanUlllY 2009 or ambiguities discovered to and during the course of construction of the Project. obligation UUlLt ..... V .... of the Agreement. SECTION 9. COST ESTIMATES. N/A. SECTION 10. INDEPENDENT CONTRACTOR. It is , ... I"I ..... "'T,I'\I'\I"I agreed perfonning Agreement CONSULT ANT, and "' .... 1 ........... employed by or contracted with L1.U.LU"'U labor materials this Agreement, act as an or employee CITY. The agree that expertise of considerations Agreement CONSULTANT not assign or ........ J.., .. ,~~ any interest this Agreement nor the perfonnance of CONSUL T ANT's obligations ...... ,,"' ...... 'u ..... without prior written consent of the Consent to one assignment will not be deemed to consent to any without the ",nT'T""'" of the manager win without as the Project Manager to have responsibility eXfiCUllon of the to represent CONSULTANT circumstances cause the substitution of the project project coordinator, or any other personnel for reason, the ofasubstituteproject the assignment key new or be subject to the prior written of the CITY's project CONSULTANT, at CITY's promptly remove personnel who CITY fmds do not perfonn the in an manner. are uncooperative, or a threat to the adequate or timely completion of or a threat to the safety The City's project manager is Interim Police Alto, CA 94303, Telephone: CONSULTANT's contact with The CITY designate an aJte:rnate .5 Dennis Bums, 650-329-2103. Department, 275 project will be to t)eJrIOIt'mIl.nC,e, progress and of the lll ..... ,1"'5 .... ~ from time to time. ProfessiOflai Services Rev. JIlJIIm'y 2009 \\Ce-teml.6hared,\ASO\PURCH\SOLfCIT A TlONS\cURRENT BUYER-eM FOWERS\UTILITIES • CAROL YNN'IShort Form.Exempllklow25K\CI0133531 ont Con!ract\OIR CONTRACT .doc SECTION 14. OWNERSHIP OF MATERIALS. Upon delivery. work product. induding without limitation, writings. drawings, specifications, calculations, documents, materials copyright developed under this shall and remain exclusive of CITY without restriction or limitation use. CONSULTANT that all which from of the work shall vested in CITY, CONSULTANT waives relinquishes all claims to or other intellectual rights in of the CITY. NeitherCONSULTANTnor contractors, shall of such available to individual or organization without the written approval ofthe City or CONSULTANT makes no representation of the suitability of the work product for use or application to circumstances not contemplated by the scope of work. CONSULTANT will CITY to at any time ..... W.Ull'; the term of this Agreement and for (3) years CONSULTANT's records pertaining to matters covered this Agreement. CONSULTANT further such for at three (3) after the expiration or termination Agreement, regardless of or not it is ......... "'...,..... in part by an Indemnified Party. 16.1. the fullest extent permitted law, CONSULTANT shall protect, defend and hold harmless its Council members, employees and agents (each an "Indemnified Party") from and against and all demands, claims, or liability of nature, including death or injury to any person, property damage or any other loss, including costs and of whatever nature including attorneys fees, experts court costs and disbursements ("Claims") resulting from, arising out of or any manner to performance or nonperformance by CONSULTANT, its officers, employees, agents or contractors under this Agreement, regardless of whether or not it is caused in part by an Indemnified 16.2. Notwithstanding the above, nothing in this Section 16 shall be construed to require CONSULTANT to indemnify an Indemnified from Claims arising from active negligence, sole negligence or willful misconduct of an Indemnified The of CONSULTANT's and duties CITY shaH not operate as a of the of indemnification. The provisions of this Section 16 shall survive the expiration or early termination of this Agreement. ~~::..=~-!::..!..!-::..::...:.~:....=:~. The either party of any breach or violation of any covenant, condition or provision of this Agreement. or of the provisions of any ordinance or law, win not deemed to a waiver of any term, condition, provisions, ordinance or law, or of subsequent breach or violation of the same or ohny other covenant, condition, provision, ordinance or law. 18.1. CONSULTANT, at its cost and expense, obtain and maintain, in fun Profi:ssiolllli Services Rev. January 2009 \\Cc-lerralshared\ASO\PURCH\SOLICIT A l'IONSICURRENT BUYER-CM FOLDERS\UTILIl'IES -CAROL YNN'IShort FOIlll.E.xempt.Below2SK\C10I33537 OIRContract\OIR. CONTRACT .dOt: force and during the term of this Agreement, the insurance coverage described in Exhibit "D'I. CONSULTANT and its contractors, if any, shall obtain a policy endorsement as an additional insured under any general liability or automobile policy or policies. coverage required hereunder shall be provided through carriers AM ratings of A-:VII or which are licensed or authorized to transact insurance business in the ofCaHfornia. and all contractors of CONSULTANT under this Agreement will obtain in full and the term of Agreement, identical coverage, naming CITY as an additional lll., .......... U under policies as above. 18.3. evidencing such shall be with execution of this Agreement. certificates will be subject to approval Manager and will stating that is primary and will not be canceled. or except filing with Purchasing thirty (30) 1..4.1..1vvJll,;nLVll or modification, CONSULTANT shall be reSClons the are to CITY's Purchasing HA ......... "'''. 18.4. The such will not be l'1'n".,IT".,.11 to limitCONSULTANT's liability nor to Agreement. Notwithstanding the or policies of insurance, CONSULT ANT will obligated the full and amount of any damage, as a result Services under this or loss arising after the 19.1. city manager may suspend the performance of the Services, in whole orin part, or terminate this Agreement, with or without by giving ten (10) days prior written notice tI1eJ~eot to CONSULTANT. Upon receipt of notice, CONSULTANT immediately discontinue its performance of the Services. 19.2. CONSULTANT may terminate this Agreement or suspend its perfonnance of the Services by giving thirty (30) days written thereofto but only event of a substantial failure of performance by CITY. 19.3. Upon such suspension or termination~ CONSULTANT shall deliver the City Manager immediately and all copies of studies, sketches, drawings, computations, and other data, whether or not completed, by CONSULTANT or contractors, if any, or given to CONSULTANT or contractors, ifany, in connection with this Agreement Such materials will oec()me the property of CITY. 1 suspension or temrination by CITY~ CONSULTANT will be paid the to CITY in wi th the scope on of suspension or termination; provided, ternmmltea on account default by CONSULTANT, Professional ServiCeII: R.c:v. Jaal.W}' 2009 \\Cc-lerrallih.md\ASO\PURCH\SOUCIiA ifONS\CURRENi aUYER-CM FOLDERS\UiILITIES -CAROL YNN\Short Form,ElICmpt,Bdow25K\CI0133S37 OIR Cootract\OIR CONTRACT .doc will be obligated to compensate CONSULTANT for that portion of CONSULTANT's services which are of direct and immediate benefit to as such may by the City Manager acting in the reasonable exercise ofhislber discretion No payment, partial payment, acceptance, or partial CITY will operate as a waiver on part of of any its rights this All notices hereunder will in writing and prepaid, certified mail, aaClressea as follows: To Clerk project rl1r''''l''t",. CONSULTANT recited above 21.1. In accepting this Agreement, CONSULT ANT covenants that it has no and will not acquire any direct or indirect, financial or otherwise, which would conflict in manner or degree with the performance of the Services. 21.2. CONSULTANT further covenants that, in theperfonnance of this Agreement, it will not employ subcoDSultants, contractors or persons having such an CONSULT ANT certifies that no who or will have any financial interest tmder this Agreement is an officer or employee this provision will be interpreted in accordance with the applicab Ie provisions the Palo Alto Mtmicipal Code and Government of the State California. .3. If the Manager determines that CONSULTANT is a "Consultant" as that term is defined by the Regulations of the Fair Political Practices Commission, CONSULTANT shall be required and agrees to file the appropriate financial disclosure documents required by the Palo Alto Municipal Code the Political Reform Act. SECTION 22. NONDISCRIMINATION. As set forth in Palo Alto Municipal Code section 2.30.510, CONSULTANT that the performance of this Agreement, it shall not discriminate in employment of any because of the skin color, gender, age, religion, disability, origin, ancestry. orientation, housing status, marital status, familial status, or height of such person. CONSULT ANT acknowledges that it read and understands the Section 2.30,510 the Palo Municipal Code to Nondiscrimination Requirements and violation thereof. and agrees to meet all requirements of Section \\(;e.lem\Sbarcd\ASO\PURCH\SOUCITATIONS\CURRENT BUYER-CM FOLDERS\UTILlTJES· CAROLYNN\Short Form.ExempI.Below25K\CIOB3537 om Contncl\OIR CONTRACT .do<: Pro(lWiooaJ Services Rev. JanulU)' 2009 2.30.510 pertaining to nondiscrimination in employment. SECTION 23. ENVIRONMENTALLY PREFERRED PURCHASING. City of Palo is a green business and works to purchase provide products in an environmentally sustainable manner. CONSULTANT will use production methods waste environmentally toxic products, as well as less packaging, CONSULTANT will adhere to standard that printed materials will be. at a minimum, printed on 30% post consumer paper with vegetable ink. The will check with the project to the maximum recycled content paper available for each FSC (Forest Stewardship certified that is .. 1'0 ............... ,"" free" is CONSULTANT will use methods energy use and thus the footprint for the development. production and delivery of products. CONSULTANT shall ",""",,"""""" the Environmentally Preferred as may be to time. SECTION 24. MISCELLANEOUS PROVISIONS. 24.1. Agreement will be governed the laws State of ""","U.\J'lU .... the event that an win be vested exclusively California. is brought, the California in of such action Clara, State 24.3. prevailing in any brought to the provisions afthis grcCmtmL may recover its reasonable costs and attorneys' fees expended in \.-v., .. " ...... action. The party shall be entitled to recover an amount to the legal services provided by employed by it as well as parties. 24.4. document represents the and integrated agreement between the and supersedes all prior negotiations, representations, and contracts, either written or oraL This document may be amended only by a written instrument. which is signed the parties. 24.5. wiU bind, the covenants. terms, conditions and provisions of this Agreement will apply successors, executors, administrators, and consultants of the 24.6. If a court competent jurisdiction finds or rules that any provision of this Agreement or any amendment thereto is void or unenforceable, the unaffected provisions this greement and any amendments thereto will remain in full force and 24.7. An exhibits referred to Agreement any addenda. appendices, attachments, schedules to Agreement which. from time to time, may be to in any duly executed amendment are by such reference incorporated in this Agreement and will be deemed be a part Agreement. Agreement is subject to provisions of the Charter of the City of Alto and the Palo Alto Municipal Code. AgreementwiU terminate without any penalty (a) at the end fiscal year event that are not appropriated for the following fiscal \\Q:-leml\SbllJ1:d\ASO\PURCH\SOLICITA TIONSICURRENT BUYER·CM fOLDERS\UTILITJES • CAROL YNN\Sb..,rt Form.E.xcmplBelow2SK\C10U3S37 OIR Contract\OIR CONTRACT .doc Professional ServiC<:1l Rev. January 2009 or (b) at any time within a fiscal year in the event that funds are only appropriated for a portion of the fiscal year and funds for this Agreement are no longer available. This Section 24.8 shall take precedence in the event of a conflict with any other covenant, tenn, condition, or provision of this Agreement. 24.9. The individuals executing this Agreement represent and warrant that they have the legal capacity and authority to do so on behalf of their respective legal entities. 24.10 All unchecked boxes do not apply to this agreement. IN WITNESS WHEREOF, the parties hereto have by their duly authorized representatives executed this Agreement on the date first above written. CITY OF PALO ALTO Purchasing Manager By: ~ Name: M1cW'61cfo JJtJMJ? APPROVED AS TO FORM: Title:, __ -----___ -____ _ Senior Asst. City Attorney By: Name: A£erT &i .J:>r ., Title: ~ ---------------------- Attachments: EXHIBIT "A": SCOPE OF WORK EXHIBIT "B": EXHIBIT "C": COMPENSA nON INSURANCE REQUIREMENTS --- Professional Services Rev. J anllary 2009 \\Cc-telTB\Shared\ASD\PURCH\SOLICIT A. TIONS\CURRENT BUY6R-CM FOLDERS\UTILITIES -CAROL YNMSllon Fonn.Excmpt.8elow2SK\C10I33537 OIR Contnlcl\OIR CONTRACT .doc EXffiBIT"A" SCOPE OF SERVICES Consultant shall perform the following L 2. Intake -The Consultant will arrange to receive an e-mail of each citizen complaint within three (3) working days the date complaint is originally made. Consultant will then converse with the intake officer by telephone to clarify the nature of the Initial investigation -As soon as an investigator is to the citizen complaint, Consultant will confer with the Personnel & Coordinator by telephone discuss the investigative plan. Follow-up -Consultant will with O>V.IJ.l ..... & Training Coordinator within two of the complaintto evaluate results determine whether investigation is necessary. Disposition When the investigation is complete, Consultant will with the Police Chief to recommend a disposition or to resolve any issues about process not previously resolved. Status and tracking -Consultant will track case status and disposition on an updated chart will include current in all .. "' .... ,n.,...,." Meet to discuss quarterly with the Chief to present current tracking and citizen procedural problems identified and potential policy Cwnulative and findings as to identified trends Decision to initiate investigation -Consultant will confer the police department and administrative executive who requests investigation implications, policy violations, and investigative Investigation -Consultant will discuss the investigation plan the Personnel & Training Coordinator arrange a mutually convenient way to .... 1..I ... w..'" Consultant on the progress of the investigation. Follow up: Additional investigation -Consultant will with the Professional & Training Coordinator periodically to evaluate results and determine whether investigation is necessary. When appropriate, Consultant will request further investigation ProfessiOl'la.l Services Rev. January 2009 \\Q:..lemt\Shllred\ASO\PURCH\SOLlCIT ATIONS\CURRENT BUYER-CM FOLDERS\UTILITIES -CAROL. YNN\Shon Form.Exempl.Belo\!l2S!(\CIOI33S37 OIR Conln.cl\OlR CONTRACT .do<: 3. 4. the and/or investigator'S of conrnnilllo. Disposition -the investigation is complete, Consultant will the file then with the Chief to recommend a of disposition, if needed, or to resolve issues about not previously resolved. Status tracking -Consultant will case status and disposition on an updated chart will include current charts reports. Meet to discuss trends -Consultant will meet quarterly with City Manager and Chief to present current tracking charts and discuss ............... complaint trends, procedural problems identified any potential policy issues. Consultant will be promptly notified of an review each deployment Palo Alto Police Department to review recommend to Police Chiefwhether deployment was consistent with the Police Department's Taser policy and training. Should systemic issues deployment, Consultant will recommend to Police Chief modifications and/or as appropriate. Consultant will detail on two reports during the year summarizing findings and disposition. It will meet with the City Council or raised. to finalizing to discuss significant problems and will contain the Police Department City Manager. Consultant will solicit the Police Department's response and to reach a consensus as to solutions. Consultant document its reports. Profcuional Services Rev. January 2009 \\Cc-t.crra\sh.arcd\ASD\PURCH\SOLlCIT ATIONS\CURRENT BUYER-CM FOLDERSIUTIUTIES • CAROL YNNIShort Form.Exempllklow2SKIC10 I 33.s31 OIR ConiractlOIR CONTRACT .doc EXHIBIT "B" SCHEDULE OF PERFORMANCE The CITY to compensate the CONSULTANT forprc>tes:slOM.l services performed in accordance with the tenns conditions of this Agreement, as set forth below. Compensation shall calculated based on Consultant's billing rates up to the not to VA. .... ..., ........ amount contract. The hourly billing rate Michael is $215.00 hour the hourly billing rate for Miller is $ 190.00 hour. The compensation to be to CONSULTANT under this for aU described in Exhibit (Basic and reimbursable expenses, including travel shall not exceed $27,500.00 per year a potential extending it two one-year Travel"'VY""ne,,,e a portion total CONSULTANT to complete all ' ... TU',.,. ... " including reimbursable and work ........ t'fi'\T"F'I'\"·1'I expenses for which the compensation set forth CONSULT ANT shall perform the and categories of work as outl1nc~ below. Review, .~_ .. ~~, investigation, and disposition of an estimated 1 citizen complaints per monitor related action. Internal Affairs investigation planning, monitoring, evaluation recommendations for an estimated 5 investigations per monitor any related action. Taser policy and training, each Taser deployment, .. "'J, ........... at 6 per to determine with training and policy. Task 4 Meet with the City Manager and Police quarterly and City Council semiannually. semi· annual reports. Total Services and Travel Expenses Maximum Total Compensation per year year $27,500 $27,500 \\Cc-tl:rralsbared\ASD\I'URCH\SOLICrr A TIONS\cURRENT BUYER-CM FOlDERS\UTIUTIES • CAROl. YNN\Short FOITll.Exempl.BelQW2S!(\CI0I33S37 OIR COfluact\OIR CONTRACT .doo Profession&1 Services Rcv. JanWU)' 2009 EXHIBIT "C" INSURANCE REQUIREMENTS CONTRACTORS TO THE CITY OF PALO ALTO (CITY), AT THEIR SOLE EXPENSE, SHALL FOR THE TERM Of THE COJlfTRACT OBTAIN AND MAINTAIN INSURANCE IN THE AMOUNTS FOR THE COVERAGE SPECifiED BELOW, AFFORDED BY COMPANIES WITH AM BEST'S KEY RATING OF A-:VIl, OR HIGHER, LICENSED OR AUfHORiZED TO TRANSACT INSURANCE BUSINESS IN THE STATE OF CALIFORNIA.. AWARD IS CONTINGENT ON COMPLIANCE WITH CITY'S INSURANCE REQUIREMENTS AS SPECfFIED. BELOW: MINIMUM LIMITS ReQUIReD Type OP COveRAGE ReQUIReMENT EACH YES YES YES YES YES OCCURRENCE AGGREGATE WORKER'S COMPENSATION STATUTORY EMPLOVER'S LIABILITY STATUTORY BODIL V INJURY $1,000,000 $1,000,000 GENERAL LIABILITY, INCLUDING PERSONAL INJURV, BROAD fORM PROPERTY DAMAGE $1,000,000 $1,000,000 PROPERTY DAMAGE BLANKET CONTRACTUAL, AND FIRE LEGAL BODILV INJURY & PROPERTY DAMAGE $1,000,000 $1,000,000 L1ABILITV COMBINED. BODILY INJURV $1,000,000 $1,000,000 . EACH PERSON $1,000,000 $1.000,000 -EACH OCCURRENCE SI,OOO,OOO $1,000,000 AUTOMOBILE LIABILITY, INCLUDING ALL OWNED, HIRED, NON-OWNED PROPERTY DAMAGE $1,000,000 SI,OOO,OOO BODILV INJURY AND PROPERTY 51,000,000 $1,000,000 DAMAGE, COMBINED PROFESSIONAL LIABILITY, INCLUDING, ERRORS AND OMISSIONS, MALPRACTICE (WHEN APPLICABLE), AND NEGLIGENT PERFORMANCE ALL DAMAGES $1 000000 THE CITY OF PALO ALTO IS TO BE NAMED AS AN ADDITIONAL INSURED; CONTRACTOR, AT ITS SOLE COST AND EXPENSE, SHALL OBTAIN AND MAINTAIN, IN FULL FORCE AND EFFECT THROUGHOUT THE ENTIRE TERM OF ANY RESULTANT AGREEMENT, THE INSURANCE COVERAGE HEREIN DESCRIBED, INSURING NOT ONLY CONTRACTOR AND ITS SUBCONSULT ANTS, IF ANV, BUT ALSO, WITH THE EXCEPTION OF WORKERS' COMPENSATION, EMPLOYER'S LIABILITY AND PROFESSIONAL INSURANCE, NAMING AS ADDITIONAL INSUREDS CITY. ITS COUNCIL MEMBERS, OFFICERS, AGENTS, AND EMPLOYEES. I. INSURANCE COVERAGE MUST INCLUDE: A. A PROVISION FOR A WRITTEN THIRTY DAY ADVANCE NOTICE TO CITY OF CHANGE IN COVERAGE OR OF COVERAGE CANCELLATION; AND B. A CONTRACTUAL LIABILITY EtIDORSEMENT PROVlDING INSURANCE COVERAGE FOR CONTRACTOR'S AGREEMENT TO INDEMNTFY CITY. C. DEDUCTIBLE AMOUNTS IN EXCESS OF $5,000 REQUIRE CITY'S PRIOR APPROVAL. II. CONTACTOR MUST SUBMIT CERTIFICATES(S) OF INSURANCE EVlDENCING REQUIRED COVERAGE. m. ENDORSEMENT PROVlSIONS, WITH RESPECT TO THE INSURANCE AFFORDED TO "ADDITIONAL INSUREDS" A. PRIMARY COVERAGE WITH RESPECT TO CLAIMS ARISING OUT OF THE OPERA nONS OF THE NAMED INSURED, INSURANCE AS AFFORDED BY THIS POLICY IS PRIMARY AND IS NOT ADDITIONAL TO OR CONTRIBUTING WITH ANY OTHER INSURANCE CARRIED BY OR FOR THE BENEFIT OF THE ADDmONAL INSUREDS. B. CROSS LIABILITY \\Cc-~rra\shared\ASD\PURCH\SOLICIT A TIONS\CURRENT BUVER-CM FOLDERS\UTILITIES • CAROL YNN\Short FOIl11.Exempt.Below25K\CI01 33537 OIR Contract\orR CONTRACT .doc ProfessiOflal Services Rev. January 2009 THE NAMING OF MORE THAN ONE PERSON, FIRM, OR CORPORATION AS INSUREDS UNDER THE POLICY SHALL FOR THAT REASON ALONE, EXTINGUISH ANY RIGHTS OF THE INSURED AGAINST ANOTHER, BUT THIS AND THE NAMlNG OF MULTIPLE INSUREDS, SHALL NOT INCREASE THE TOTAL LIABILITY OF THE COMPANY UNDER THIS POLICY. C, NOTICE OF CANCELLATION I, IF THE POLICY IS CANCELED BEFORE ITS EXPIRATION DATE FOR ANY REASON OTHER THAN THE NON-PA YMENTOF PREMIUM, THE ISSUING COMPANY SHALL PROVIDE ClTY AT LEAST A THIRTY (30) DAY WRITTEN NOTICE BEFORE THE EFFECTIVE DATE OF CANCELLATION. 2, IF THE POLICY IS CANCELED BEFORE ITS EXPIRATION DATE FOR THE NON·PA YMENT OF PREMIUM, THE ISSUING COMPANY SHALL PROVIDE CITY AT LEAST A TEN (I 0) DAY WRrITEN NOTICE BEFORE THE EFFECTIVE DATE OF CANCELLATION. NOTICES SHALL BE MAILED TO: PURCHASfNG AND CONTRACT ADMINISTRATION CITY OF PALO ALTO P.O. BOX 101~ PALOALTO,CA 94303 \\Q:·t.erra\Shared\ASD\PURCH\SOLICIT A TIONS\CURRENT BUYER·CM FOLDERS\UTIUTIES • CAROL YNN\Short FomI.Elttmpt.Below2SK\CIOI33537 OIR Coolncl\OIR CONTRACT .doc Professional Services Rev. January 2009 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: CITY MANAGER DATE: AUGUST 3, 2009 CMR: 348:09 REPORT TYPE: CONSENT SUBJECT: Adoption of a Resolution Amending Resolution No. 8904 to Change the City Council Vacation Schedule for Calendar Year 2009 to End on September 7, 2009 RECOMMENDATION Staff recommends that the City Council adopt the attached resolution amending the Council's summer recess to end on September 7, 2009 instead of September 11, 2009. DISCUSSION On February 9, 2009, the Council adopted a resolution scheduling the Council summer recess and winter closure for 2009. The original schedule for the Council summer recess was August 4 -September 11, 2009. Pursuant to Municipal Code Section 2.04.010, during the annual vacation, there shall be no regular meetings of the Council nor of the Council standing committees. Due to scheduling conflicts in September, there is a need to schedule Council standing committee meetings (Finance and Policy & Services) during the week of September 7, prior to the current scheduled end of the Council vacation. As such, staff is recommending that the Council amend the current summer recess schedule so that it ends on September 7. This would allow the scheduling of the two standing committee meetings during that week. RESOURCE IMPACT There is no resource impact associated with the recommendations in this report. POLICY IMPLICATIONS This report is consistent with prior Council direction. ENVIRONMENTAL REVIEW The actions in this report do not constitute a project under the California Environmental Quality Act (CEQA) guidelines; therefore, no environmental assessment is required. ATTACHMENTS CMR: 348:09 Page 1 of2 ATTACHMENTS Attachment A: Resolution Amending the Council Recess for August 2009 PREPARED BY: CITY MANAGER APPROVAL: CMR: 348:09 KELLY MORARIU Assistant to the City Manager JAMES KEENE CITY MANAGER Page 2 of2 * * * NOT YET APPROVED * * * Resolution No. Resolution of the Council of the City of Palo Alto Amending Resolution No. 8904 to Change the City Council Vacation Schedule for Calendar Year 2009 to End on September 7, 2009 WHEREAS, pursuant to Section 2.04.010(b) of the Municipal Code, the City Council must schedule its annual vacation for each calendar year no later than the third meeting in February and may not hold any regular meetings or meetings of Council standing committees during the scheduled annual vacation; and WHEREAS, the City Council adopted Resolution No. 8904 on February 9, 2009 setting the Council vacation from Tuesday, August 4 through Friday, September 11,2009; and WHEREAS, a need has arisen to schedule Council standing committee meetings during the week of September 7, 2009. NOW, THEREFORE, the Council of the City of Palo Alto does hereby RESOLVE as follows: SECTION 1. Resolution No. 8904 is hereby amended to change the 2009 City Council vacation schedule from August 4 through September 11, 2009 to August 4 through September 7, 2009. SECTION 2. The Council finds that this is not a project under the California Environmental Quality Act and, therefore, no environmental impact assessment is necessary. INTRODUCED AND PASSED: AYES: NOES: ABSENTIONS: ABSENT: ATTEST: APPROVED: City Clerk APPROVED AS TO FORM: City Attorney 090730 mb 8261108 1 TO: FROM: DATE: REPORT TYPE: SUBJECT: HONORABLE CITY COUNCIL CITY MANAGER DEPARTMENT: FIRE AUGUST 3, 2009 CMR: 310:09 Public Hearing Public Hearing to Confirm Weed Abatement Report and Adoption of a Resolution Confirming Weed Abatement Report and Ordering Cost of Abatement to be a Special Assessment on the Respective Properties Described Therein RECOMMENDATION Staff recolnlnends Council hear and consider objections from affected propeliy owners of proposed asseSSlnents related to cOlnpleted weed abatement work and adopt the attached resolution confinning the report and ordering abatement costs to be a special assessnlent on the propeliies specified in the report. BACKGROUND The Weed Abatenlent Division of Santa Clara County Agriculture and Enviromnental Managenlent adlninisters the contract for weed abatel11ent within the City of Palo Alto, In accordance with an agreement established on April 18, 1977 between the City and County. On December 15, 2008, in accordance with Chapter 8.08 of the Palo Alto Municipal Code, the City Council declared weeds to be a nuisance and ordered that the nuisance be abated. A public hearing was held on January 12, 2009, to consider objections to the proposed destnlction or relnoval of the weeds. No objections were noted. Once the above steps had been taken, the County Weed Abatelnent Division instnlcted its contractor to abate weeds on City and private properties within Palo Alto. That work has now been cOlnpleted. Property owners were notified the third week in Decelnber 2008 that weeds were to be abated by March 2, 2009, either by the owners or by the County. If the property owners chose to have the County abate the weeds, the abatenlent charges would be levied against the respective properties as an assessment by the County Assessor. The County has since infonned the property owners of the costs for destroying and removing the weeds. The Fire Departlnent has published the required notice of this hearing in the Palo Alto Weekly. The cost report by the County Weed Abatement Division has been posted on the Downtown Library bulletin board for ten days prior to this hearing. CMR 310:09 Page 1 of2 DISCUSSION Property owners lnay object to the charges for weed abatement being levied against their properties. The charge consists of the contractor's cost plus 150 percent adlninistrative charges, in accordance with Palo Alto's contract with Santa Clara County (CMR 357:00, Septenlber 18, 2000). A representative fronl the County Weed Abatelnent Division will be present at the public hearing with the records of weed abatelnents that have taken place. Should there be any nlodifications in the proposed assessnlents as a result of the healing, changes in the asseSSlnent spread will be lnade as necessary. After any recalculations are conlpleted, and Council adopts the attached resolution confinning the abatenlents and ordering those costs to be inlposed as liens on the abated properties, the assessnlents will be subnlitted to the County Assessor for entry on the October tax roll upon which general City taxes are to be collected. RESOURCE IMPACT There is no direct fiscal impact of this action to the City. The asseSSlnents identified on Attachment B, totaling $5,938.99, will be inlposed as liens on the properties listed and will not be borne by the City. POLICY IMPLICATIONS This procedure is consistent with existing City policies. ENVIRONMENTAL REVIEW The Santa Clara County Counsel has determined the Weed Abatelnent Prograln to be Categorically Exempt fron1 CEQA pursuant to CEQA Guidelines Section 15308. ATTACHMENTS Attaclllnent A: Resolution Attaclllnent B: 2009 Weed Abatement Assessments by the County of Santa Clara Prepared by: GORDON SIMPKINSON Acting Fire Marshal Department Head Review: ~./~ HOLAS MARl AKO Fire Chief ~ C __ // City Manager Approval: __ ~~±=-====~==:~~==-:..~-====---~ .... ~~=======-- \) JAMES KEENE ~ City Manager CMR 310:09 Page 2 of2 * * * NOT YET APPROVED * * * Resolution No. Resolution of the Council of the City of Palo Alto Confin11ing Weed Abatelnent Report and Ordering Cost of Abatelnent to be a Special Assess111ent on the Respective Propeliies Described Therein Attaclll11ent A WHEREAS, the Council of the City of Palo Alto has heretofore declared weeds growing on celiain properties within the City to be a public nuisance by Resolution No. 8888, dated December 15,2008; and WHEREAS, the Council on January 12, 2009, did adopt Resolution No. 8898 thereby ordering the weed nuisance abated; and WHEREAS, subsequent to the giving of said notice, the Fire Chief, through his Adn1inistrator, the Weed Abaten1ent Division of Santa Clara County Department of Agriculture and Environmental ivlanagement, has caused to be abated the weeds on the herein described properties; and WHEREAS, the Fire Chief, through' his Administrator, the Weed Abaten1ent Division of Santa Clara County Depalin1ent of Agriculture and EnviromnentalManagen1ent, has filed his report and asseSSlnent list for weed abatement as provided by law and a hearing has been duly set and noticed, for objections to said report and assessment list and for confim1ation; and WHEREAS, the Council has duly considered the report and assessment list and any objections thereto, NOW, THEREFORE, the City Council of the City of Palo Alto does hereby RESOLVE as follows: SECTION 1. The repOli and assessment list is in all respects complete and correct and is hereby confin11ed. The . amounts of the cost for abating the nuisance are confirmed and those remaining unpaid, as shown on Exhibit "A" attached hereto and incorporated herein, shall constitute special assessments against the respective parcels of land and are a lien on the property for the amount of the respective assessment. SECTION 2. All written or oral protests or objections to said repOli and assessment list are overruled or denied. SECTION 3. The unpaid assessments shown on Exhibit "A" shall be entered upon the 2009-2010 tax roll against the parcels of land and shall be collected at the same time and in the same manner as general City taxes, be subject to the same int re st and penalties, and be subject to the same procedure and sale in case of delinquency. All laws and ordinances applicable to the levy, collection, and enforcement of City taxes are hereby made applicable to this special assessment. 090707 Illb 8261079 * * * NOT YET APPROVED * * * SECTION 4. Santa Clara County has detelll1ined the weed abatement progran1 to be categorically exempt froll1 CEQA pursuant to CEQA Guidelines Section 15308. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk Mayor APPROVED AS TO FORM: APPROVED: Senior Deputy City Attorney City Manager Director of Administrative Services Fire Chief 090707 mb 8261079 2 2009 Weed Abatement Program Attaclunent B Assessment Report City of Palo Alto TAX ROLL Situs APN OWNER ADDRESS AMT IBA 128 Kingsley 124-15-038 Khan Anwar And Nayyar 2341 Falling Water Ct SANTA CLARA 95054-1316 $298.00 6001 2030 Park 124-27-002 Kofi Tetteh A 464 Spruce St BERKELEY 94708-1223 $513.15 6001 420 Cambridge 124-32-008 Lueeo Ine 599 College A v PALO ALTO 94306 $684.20 6052 3101 Middlefield 127-53-007 Fisher Lie 178 Ely PI PALO ALTO 94306-4552 $684.20 6001 3085 Middlefield 127-53-008 Borcich Group Lie 644 Menlo Av Unit 202 . MENLO PARK 94025 $684.20 6001 405 Curtner 132-41-072 Ellis Bess Trustee & Et Al 6223 Franciscan Wy SAN JOSE 95120-4420 $513.15 6001 3700 El Camino Real 137-11-078 Kss Investment Lie 13 80 Miravalle A v LOS ALTOS 94024-5744 $684.20 6022 4243 Manuela 175-02-053 Weakland Anna Wu Trustee 4243 Manuela Ct PALO ALTO 94306-3731 $298.00 6001 4103 Old Trace 175-20-078 SmithwiekAlton D And Ursula L Po Box 60065 PALO ALTO 94306 $553.59 6020 3111 Alexis 182-43-018 Raduehel William J Trustee 3111 Alexis Dr PALO ALTO 94304-1306 $1,026.30 6039 TOTAL $5,938.99 Report Date: 7/8/2009 (List Sorted by APN) Page 1 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DATE: AUGUST 3, 2009 DEPARTMENT: ADMINISTRATIVE SERVICES CMR: 331:09 REPORT TYPE: REPORTS OF OFFICIALS SUBJECT: Adoption of a Budget Amendment Ordinance to Increase the Budget for Retiree Medical Costs Related to the Updated Retiree Medical Actuarial Study -Valuation Date January 1,2009 EXECUTIVE SUMMARY This report provides the City Council with the actuarial study results required by the Government Accounting Standards Board's (GASB) Statement No. 45, Accounting and Financial Reporting by Employers for Post Employment Benefits Other Than Pensions. The results of the study as compared to the 2007 study show an increasc in costs across all City funds. Staff recommends that the attached budget amendment ordinance be approved to allocate these costs in the Fiscal Year 2010 budgct for all funds except the General Fund. The General Fund increase will come from a draw on trust assets from prior years pre-funding. RECOMMENDATION Staff recommends that the Council adopt the attached budget amendment ordinance (BAO) to allocate the increase in retiree medical costs to all City funds except the General Fund. (Attachment C). BACKGROUND Per GASB Statement No. 45, beginning in Fiscal Year 2008, the City of Palo Alto was required to recognize in its financial statements any unfunded, earned retiree medical costs including those for current active employees. GASB 45 also requires the City to completc an actuarial study on a bicnnial basis, to determine the retiree medical liability and how much the City should be setting aside each year to fund that liability, the armual required contribution (ARC). There are several ways of treating unfunded liabilities, including (1) establishing and funding an irrevocable trust with CalPERS or other financial institution; (2) pay as you go and booking the unfunded ARC on the financial statements; (3) setting aside dedicated reserve and (4) issuing debt to fund the liability. These options were discussed with the Finance committee and full Council in May 2007 (see Attachement D) and the Council directed staff to establish a trust with CalPERS. In Fiscal Year 2008, the City established an irrevocable trust with California Employers Retirees Benefit Trust (CERBT) for retiree medical benefits. In Fiscal Year 2008, the CMR; 331;09 Page I of6 City transferred $33.8 million to the trust. The trust is administered by Califoruia Public Employees Retirement System (CaIPERS). The City established an irrevocable trust for many reasons, including the following • For long-term planning the CERBT sets the expected rate of return at 7.75 percent compared to the City's rate of return on investments of 4.21 percent for FY 2009 (CMR:319:09, July 27, 2009). The CERBT rate was set in FY 2008 and it is possible that the CERBT will adjust the rate at some point in the future. • A higher expected rate of return results in a lower liability and ARC for the City. The 2007 actuarial study compared 7.75 percent to 4.5 percent for the liability and the ARC. The total liability as of 2007 was $102.2 million at 7.75 percent compared to $159.2 million at the 4.5 percent rate of return, a difference of $57 million. The 2007 ARC was $7.7 million at 7.75 percent compared to $11.9 million at the 4.5 percent rate of return, a difference of $4.2 million (Attachment 6, page 12). • The trust funds are protected in an irrevocable trust and cannot be used for any other purpose and cannot be taken by the State. • The trust funds are considered an asset and decrease the liability. If the funds were not in an irrevoeable trust the liability and the ARC would increase. Funds in a reserve or internal service funds would not be considered as plan assets and would not reduce the liability or the ARC. • Over the past 20 years, CalPERS averaged rate of return was 7.75 percent on their investments for pensions, this includes the decline of 23.4 percent for year ending June 30,2009. • Administrative costs are expected to be significantly lower with CalPERS than with a private financial institution. • Using intemal staff or a provider other than CaiPERS would require significantly more work, would require a trust or financial planner; legal services, establishmcnt of an investment policy and risk program, and the creation of a review tcam possibly including members of bargaining units. • Establishing a trust administered by CalPERS allows the City to fund the ARC in a variety of ways, including direct payment to CalPERS for current retirees and utilization ofttust pre-funding. DISCUSSION The actuarial study completed by Milliman, Inc. in June 2009, using a valuation date of January I, 2009, valued the City's retiree medical liability at $129.7 million, assuming a 7.75 percent investment rate of return on the funds. The $129.7 million is an increase of $27.5 million from the previous actuarial study using a valuation date of January 1, 2007, which valued the City'S retiree medical liability at $102.2 million, assuming a 7.75 percent investment rate of return on the funds. The $129.7 million is reduced by the value of the trust assets, $24.6 million, for an unfunded retiree medical liability of $105.1 million. The ARC or amount the City must recognize in the finaneial statements is $9.8 million for Fiscal Years 2010 and 2011. CMR: 331:09 Page 2 of6 The following table shows the allocations of both the liability and the ARC across the City's funds assuming 7.75 percent rate of return, based upon actual staff demographics within each fund. Fund Actuarial Liability ARC , General Fund $91,218,476 $6,797,923 • Capital Improvement Fund 1,563,882 141,351 Electric Fund 13,128,983 943,097 • Fiber Optics 84,585 10,251 i Gas Fund 4,588,835 343,577 Printing -Internal Service Fund 270,363 27,980 Refuse Fund 3,063,013 244,889 Storm Drain Fund 493,835 36,173 Technology Fund -Internal 2,226,335 214,454 Service Fund Vehicle -Internal Service Fund 1,224,905 94,688 Wastewater Colleetion Fund 2,012,681 168,995 Wastewater Treatment Fund 5,112,442 377,095 Water Fund 4,672,615 385,754 Citywide Total $129,660,950 $9,786,227 As per the above table, the General Fund share of the citywide ARC totals approximately $6.8 million annually. For Fiscal Year 2010, this is an increase of $1.2 million from the January 1, 2007 valuation of $5.6 million. A variance analysis for each Fund and each General Fund department is attached in Exhibit A. The variance analysis reflects the change in actuarial liability and ARC from the January I, 2007 valuation. The actuarial report also provides the actuarial liability for each bargaining group including Management and Professionals. The Service Employee's International Union (SEIU) had the greatest increase of $13.3 million and is 48.3 percent of the total City liability. The Management and Professionals group had an increase of $6.6 million and is 24.0 percent of the total City liability. A variance analysis for each group is attached in Exhibit B. Increases to the accrued actuarial liability are primarily due to: • The cost of benefit accruals since the last valuation as. of January I, 2007; benefits earned for two years ($6 million), plus interest on the priO!: liability ($102 million • 7.75 % = $16 million), less benefit payments ($8 million) -for a total of approximately $14 million • Changes in medical premiums and expected growth rate of future premiums -an increase ofapproximately $2 million. • Changes in the City's employee demographic composition increasing the number of new retirees since the last valuation -an increase of approximately $12 million. The current valuation included an increase of 115 retirees. This was more than expected in the last actuarial valuation which was 55 based on assumed retirement rates. When an employee CMR: 331:09 Page 3 of6 retires sooner than expected, the City must pay more benefits than if they retired at a later date. This cost might be offset by actual medical costs for current employees if a position is left vaeant. California Employers Retirees Benefit Trust (CERBT): Once the CERBT is established there are three ways to fund the ARC: (I) continued direct payments to CalPERS for current retirees: (2) contributions to the trust; (3) use of the initial prefunding to the trust asset. In Fiscal Year 2008, the City transferred $33.8 million to the trust. The $33.8 million included $4.7 million toward the 2008 ARC. In addition, the City made direct contributions to CalPERS for current retirees in the amount of $4.6 million, for a total ARC of $9.3 million. The $9.3 million ARC is the computed ARC without recognition ofthc trust as an asset; this is required by GASB in the first year of the trust. The trust asset value as of June 30, 2008 is recognized,in the Comprehensive Annual Financial Report (CAFR) at $29.2 million. In Fiscal Year 2009, the City transferred $0.7 million (from all funds except the General Fund) to the trust. The $0.7 million is to be used toward funding the ARC. 'Inc decision to transfer from all funds except the General Fund is part of the FY 2009 budget strategy to balance the General Fund. In addition, the City made direct contributions to CalPERS for current retirees in the amount of $5.2 million (from all funds) and used $1.8 million (from the General Fund's portion of the trust) of the asset value toward the ARC, for a total ARC 0[$7.7 million (the ARC for FY 2009 is less than FY 2008 because the computed ARC recognizes the trust as an asset). The estimated trust asset value as of June 30, 2009 to be recognized in the CAFR will be $27.0 million. The ARC and the trust asset are reported in the CAFR, however any gains or losses on the investment of the trust assets are not including in the CAFR. In Fiscal Year 2010, the City will fund the revised ARC of $9.8 million. The General Fund will contribute through direct contributions (current retirees), transfer of $1.0 million to the trust (based on anticipated savings from capital projects of $1.0 million) and use of the asset value. All other funds will fully contribute to the ARC through direct contributions and transfers to the trust. The actuarial valuation uses the trust assct value as it is reported on CERBT statements; thesc include investment gains and losscs which are not included in the City'S CAFR. Due to economic conditions, the asset value as of January I, 2009 as reported on the CERBT statement was $24.6 million. The asset value as of March 31, 2009 is $2 L 7 million. This asset value includes total investment losses sincc inception of the trust in FY 2008 of $12.1 million and administrative costs of $16,092. The markets have improved since Mflrch 31, the DOW Jones index has risen from 7,609 to 8,447 (11% increase) as of June 30, 2009. The asset value of the trust fund is expected to reflect improved performance and the statement is expected in the next month. To recognize the updated ARC in the City'S financial statements for FY 2010 and 2011, an increase in budget is needed. Due to continued expected challenges of reduced revenues and budget deficits, the actual funding of the ARC will continue to come from multiple sources: continucd direct payments to CalPERS for current retirees; contributions to the trust; and use of the initial prefunding to the trust asset. The City can continue to use the trust to fund the ARC as CMR: 331:09 Page 4of6 long as annual contributions are made or there is a balance in the net OPEB asset (over funding of the ARC). RESOURCE IMPACT The FY 2010 budget allocated $8,362,902 towards the ARC, but this amount was an estimate before the actuarial study was completed. The ARC contained in the actuarial study was $9,786,226 representing an increase of $1,423,324 across all City funds. The General Fund portion of the increment of the increase is $735,286. The General Fund portion will come from a portion of the pre-funded trust asset. The attached budget amendment ordinance adjusts the FY 2010 budget to allocate the remaining cost of $688,038 aeross all remaining funds. (Attachment C). ENVIRONMENTAL REVIEW The action recommended is not a project for the purposes of the California Environmental Quality Act. CMR: 331:09 Page50f6 PREPARED BY: Accounting Manager, Administrative Services DEPARTMENT HEAD APPROVAL: CITY MANAGER APPROVAL: ATTACHMENTS LALO Director, Administrative Services . Q'"' ( I)~ JAMES KEENE City Manager Attachment A: City of Palo Alto, GASB 45 Actuarial Valuation of Post Employment Benefits Other than Pensions, As of January 1,2009. Prepared June 25, 2009 Exhibit A Actuarial Liability and Annual Required Contribution Variance analysis by Fund and General Fund Departments Exhibit B -Actualial Liability Variance analysis by Bargaining Group Attachment B: City of Palo Alto, GASB 45 Actuarial Valuation of Post Employment Benefits Other than Pensions, As of January 1, 2007, prepared January 16,2008 Attachment C: Budget Amendment Ordinance AttachmentD: CMR:195:07, May 1,2007, Autholization to Proceed with Establishing an Irrevocable Trust with California Public Employees Retirement System (CaIPERS) for Retiree Benefits CMR: 331:09 Page 6 of6 ATTACHMENT A City of Palo Alto GASB 45 Actuarial Valuation of Post Employment Benefits Other than Pensions As of January 1, 2009 Prepared by: John R. Botsford, FSA, MAAA June 25, 2009 Milliman June 25, 2009 City of Palo Alto 250 Hamilton Avenue Palo Alto, California 9430 1 City of Palo A Ito - GASB 45 Actuarial Va/u/llion of po .• t Employment Benefits as of January 1,2009 650 California Slree1, Floor 17 Sen Francisco, CA 94100·2702 USA Tel +14154031333 Fa/( +14154031334 milliman.com At the request of the City of Palo Alto, we have completed an actuarial valuation of post employment benefits as of January 1,2009. The purpose of this report is to determine the Annual Required Contribution and required financial disclosures under the Governmental Accounting Standards Board Statement No. 45 -Accounting and Financial Reporting by Employers for Postemp/oyment Benefits Other Than Pensions (GASB 45). Our determinations reflect the procedures and methods prescribed in GASB 45. In preparing our report, we relied on financial information and employee data furnished to us by the City of Palo Alto. While Milliman has not audited the financial and census data, they have been reviewed for reasonableness and are, in our opinion, sufficient and reliable for the purposes of our calculations. If any of this information as summarizl){] in this repOli is inaccurate or incomplete, the results shown could be materially affected and this repmi may need to be revised. The assumptions and cost method were selected by the City to satisfY CaIPERS' required assumptions and methods for funding agency OPEB liabilities through CalPERS OPEB trust. In our opinion, all assumptions and methods used in this valuation are reasonable for this purpose. The values provided in this report are estimates only. They represent results if actual experience exactly matches the'assumptions used. Actual experience will likely differ and continued monitoring of experience should be performed and adjustments made to the assumptions as nocessa.y. The actuarial computations under GASB 45 are for purposes of fulfilling employer accounting requirements. The calculations reported herein have been made on a basis consistent with our understanding of GASB 45. Determinations for purposes other than meeting employer financial accounting requirements may be significantly different fi'om the results reported herein. Reliance on information contained in this repmi by anyone for anything other than the intended purpose puts the relying entity at risk of being misled. . This report has been prepared for use by City of Palo Alto for the purposes described herein. Accordingly, this repmi may not be distributed to any third party outside the City without Milliman's written consent unless public disclosure is required by law. Milliman hereby consents to the distribution of this report to the City's auditor for the purpose of preparing the audit of the City's financial statements. Offices in PrinCipal Cl!le& WQlidw!de- City of Palo Alto June 25, 2009 Page 2 If distribution of the report is made outside the City, the report must be provided in its entirety. This report is a complex, technical analysis that assumes a high level of knowledge concerning the City of Palo Alto's operations, and uscs the City of Palo Alto's data, which Milliman has not audited. Any third party recipient of Milliman's work product who desires professional guidance should not rely upon Mi11iman's work product, but should engage qualified professionals for advice appropriate to its own specific needs. On the basis of the foregoing, we hereby certiJy that, to the best of our knowledge and belief, the report is complete and accurate and has been prepared in accordance with generally recognized and accepted actuarial principles and practices which are consistent with the applicable Actuarial Standards of Practice of the American Academy of Actuaries. The undersigned is a member of the American Academy of Actuaries and meets the Qualification Standards of the American Academy of Actuaries to render the actuarial opinion contained herein. Sincerely, ~ 2fo!~, !'SA, MAAA Pl'incipal and Consulting Actuary JRB:tah II :'&po\(;orn2Q09\cpa09gn1b.dw Milliman TABLE OF CONTENTS Section Page I Management Summary Introduction ............................................................................................................................... J Background ................................................................................................................................ I Assumptions .............................................................................................................................. I Resu Its 0 f Study ......................................................................................................................... 2 Impact of Changes from Last Valuation ................................................................................... 3 Variability of Results ................................................................................................................. 4 II Exhibits Exhibit 1. Projected Benefit Payments ............................................................................. 5 Exhibit 2. Projected Number ofRetirees .......................................................................... 6 Exhibit 3. Liabilities and Nonnal Cost ............................................................................. 7 Exhibit 4. Breakdown of Liabilities Beforo and Afl.er Age 65 ........................................ 8 Exhibit 5. Unfunded Actuarial Accrued Liability ............................................................ 9 Exhibit 6. Required Financial Statement Disclosures .................................................... 10 Exhibit 7. Required Supplementary Information ........................................................... II Exhibit 8. Valuation Summary by Bargaining Group .................................................... 12 Exhibit 9. Valuation Breakdown by Fund ...................................................................... 13 Exhibit 10. Valuation Breakdown by General Fund Departments ................................... 14 m Appendices Appendix A. Summary of Benefits ..................................................................................... 15 Appendix B. Actuarial Cost Method and Assumptions ...................................................... 17 Appendix C. Summary of Participant Data ........................................................................ 21 City of Palo Alto <lASB 45 Actuarial Vall/atlon lIS of January I, 101J') This wOfk product was prepured solely for City of Palo Aim for the purposes described herein find may no! be appropriate to lise for other PilrpoSes, Milliman does oot ioteoo to be~efit and assumes no duty or liability to other putties who reeeive this work, Milliman SECTION I. MANAGEMENT SUMMARY Introduction Milliman, Inc. ("Milliman") has been retained by the City of Palo Alto ("City") to provide a GASB 45 actual"ial valuation of its post employment benefit (OPEB) plans. In our valuation we: • Project expected payouts and number of retirees for future years • Calculate the present value of lola I benefits • Calculate the actuarial liability (present value of benefits attributable to past service) • Determine the Annual Required Contribution (ARC) and annual OPEB expense under GAgB Statement No. 45 • Provide a breakdown of the City's OPEB costs by Ilepar\ment and bargaining group Background Employees who retire directly from the City are eligible for retiree health benefits ifthey retire on or after age 50 with 5 years of service and are receiving a monthly pension from CalPERS. For employees hired before January 1,2004, and all PAPOA employees, the City pays for the entire cost of retiree health benefits for retirees for their lifetimes. The City also pays a portion of medical costs for dependents of retirees equal to 80% of the premiums for 2009 and incl'easing 5% per year until the City's share reaches 100% of dependent premiums for 2013 and beyond. For management employees, IAFF and FCA members hired on or aftcr January I, 2004, and SEIU employees hired on or after January I, 2005, the City pays for the 50% of the above described benefits after 10 years of service, and the city's portion increases by 5% for each additional year of service up to 20 years. For FCA, IAFF, and managemen1iconfidential employees who retire on or after January I, 2006, and for SEIU employees who retire on or after January 1,2007, the maximum premium amount the City will pay toward health insurance will be equal to the second highest CalPERS Bay Area Basic plan premium (currently the Blue Shield HMO premium). The City contracts with CalPERS to prov ide medical benefits for its retirees. Appendix A provides a more detailed summary of benefits. Assumptions With any valuation of future benefits, assumptions of anticipated future events are required. If actual events differ from the assumptions made, the actual cost of the plan will vary as well. The following assumptions should be reviewed for appropriateness. City of Palo Alto GASH 45 ActuarIal Valuation as of January 1. 2009 This work product wns prepared solely for City orpulo Alto for the purposes described herein and may not be appropriate to use for other purposes, Milliman dOoes MI intend to benefit and ll5Sumes no duty or liability tOo Oother parties whoo receive lhis work Milliman SECTION I. MANAGEMENT SUMMARY Discollnt Rate. GASB 45 requires that the interest rate used to discount fut\lfe benefit payments back to the present be based on the expeeted rate of return on any investments set aside to pay for these benefits. The City has funded its GASB OPEB liabilities by contributing to California Employers' Retiree Benefit Trust ("CERBT") Fund. We have, therefore, used a discount rate of 7.75% for this valuation based on CaIPERS' expected return on assets held in their OPEB trust. Health Cost Trend. We have assumed health costs will inerease according to the health cost inflation trend derived by using the "Getzen" model developed by the Society of Actuaries. Please see Appendix B for an explanation of this trend model. Demographic Assumptions. We are using the same rates used by the California Public Employees Retirement System (CaIPERS) in their actuarial valuations of retirement benefits under a 2.7% at age 55 benefit formula for miscellaneous employees, and a 3% at age 50 formula for Poliee and Fire employees. A complete summary of the actuarial assumptions is presented in Appendix B. Results a/Study The valuation results are summarized in the following exhibit and use the following terms: The Present Value of Benefits is the present value of projected benefits discounted at the valuation interest rate (7.75%). the Aetllarlal Accrued Liability (AAL) is the present value of benefits that are auributed to past service only. The portion attributed to future employee service is excluded. For retirees, this is equal to the present value of benefits. For active employees, the actuarial present value of the ,proJected benefits of each individual is allocated as a level percentage of expected salary for each year of employment between entry age (defined as age at hh'e) and assumed exit (until maximum retirement age). The portion attributed to service between entry age and the valuation date is the actuarial accrued liability. The Normal Coot is that pOltion of the City'S provided benefit attributable to employee service in the current year. City of Palo A 110 GASB 45 AClllariol VOlllOlloll as of Jalluary I, 2009 This work product was prepared solely for City ofPaiQ Alto forthe purposes described herein and may not bo appropriate t(j use for other purposes, Mlllirnon 'llOCS not intend to benefit lind assumes no dUlY or liability to other parties who receive this work. Milliman 2 SECTION I. MANAGEMENT SUMMARY The Annual Required Contribution (ARC) is equal to the Normal Cost plus an amount to amortize the unfunded AAL over a period of 30 years. This is the amount the City would be required to report as an expense each year under GASB 45 assuming the amount is fully funded. Active Employees Retirees Total Partic ipants Covered Retired Spouses Present Value of Benefits Actuarial Accrued Liability Assets Unfunded Actuarial Accrued Liability Normal Cost (as of July I) Annual Required Contribution (ARC) Budgeted City Payroll ARC as a Percent of Budgeted Payroll Expected first year benefit payments Impact o/Changes/rom Last Valuation January 1, 2009 955 --1!Q 1,665 345 $157,214,589 $ 129,660,950 24,616,071'. $ 105,044,879· $ 3,478,193 ~, $ 9,786,227 $ 98,940,490 9.9% $ 5,869,495 January 1, 2007 1,018 ---21l 1,630 257 $ 126,935,275 $ 102,237,022 0 $ 102,237,022 $ 3,173,722 $ 9,313,142 $ 97,600,000 9.5% $ 4,175,915 The Actuarial Accrued Liability increased by approximately $28 million since the last valuation. The following is a summary of changes to the valuation assumptions that contributed to the changes in AAL: • The cost of benefit accruals since the last valuation (i.e. the cost attributed employee service since the last valuation), plus interest on the pl'ior year's AAL due to the passage of time, less benefit payments since the last valuation date contl'ibuted to the change in Actuarial Accrued Liability. The combined impact of these factors was an increase in AAL of approximately $14 million. • Actuarial valuations of retiree medical benefits include assumptions for future increases in medical premiums. The AAL will change from one valuation to the next to the extent actual premiums are different than expected and expectations of future premium increases change. Changes in premiums and the expected growth rate of future premiums resulted in an increase in AAL of appl'Oximately $2 million. City of Palo Alto GASB 45 Actuarial Valuation as of January I, 2009 This work prodUCf was prepilTed solely for City OfPillo Alto for the purposes described herein lind may not be appropriate to use for other purposes. Milliman does not intend to benefit and assumes no dUly or liability 10 other parties who receive Ihis work. Milliman 3 SECTION I. MANAGEMENT SUMMARY • OlhcJ' factors such as changes in the city's demographic composition also contl'ibuted to the change in Actuarial Accrued Liability. The impact of these factors was an increase in liability of approximately $12 million. A large p0l1ion of this increase was due to significantly more new retirees than expected since the last valuation, There were 115 new retirees since the last valuation compared with apPl'Oximately S5 expected new retirees based on assumed retirement rates, Variability of Results The results contained in this report represent our best estimates. However, variation from these or any other estimates of future retiree medical costs is not only possible but probable, Actual future costs may vary significantly from estimates in this report, City 0/ Palo Alto GASB 45 Actuarial Valuation as of January 1,2009 Ihls work product was prepared solely tbr City of Palo Alto jor the purposes described herein end may not be appropriate to use for other purposes, Milliman does not intend to benefit and assumes no duty or liability II) I)thcr pnrties who rooelve this work, Milliman 4 SECTION II. EXHIBITS Exhihit 1. Projected Benefit Payments The table below illustrates the projected pay-as-you-go City costs of providing retiree health benefits. The projections only consider the closed group of existing employees and retirees and is based on the current labor agreements. Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Current Retirees $ 5,712,539 5,786,856 6,050,624 6,249,934 6,479,804 6,548,819 6,589,057 6,612,967 6,647,574 6,641,232 6,643,157 6,597,783 6,500,339 6,519,904 6,538,876 6,522,034 6,510,135 6,440,529 6,348,334 6,258,289 6,185,440 6,099,083 5,986,017 5,869,043 5,691,608 5,506,567 5,306,553 5,076,830 4,859,746 4,628,631 Future Retirees $ 156,956 494,138 864,287 1,306,009 1,797,455 2,292,822 2,799,332 3,338,173 3,920,154 4,517,109 5,113,827 5,760,613 6,388,871 7,062,298 7,706,370 8,334,626 9,002,806 9,627,431 10,154,850 10,732,264 11,289,240 11,779,669 12,275,080 12,909,334 13,491,708 13,965,762 14,505,116 15,027,264 15,412,719 15,748,991 Clly of Pulo Alto CiASB 45 Actuarial Vuluulion as of January 1, 2009 $ 5,869,495 6,280,994 6,914,911 7,555,943 8,277,259 8,841,641 9,388,389 9,951,140 10,567,728 11,158,341 11,756,984 12,358,396 12,889,210 13,582,202 14,245,246 14,856,660 15,512,941 16,067,960 16,503,184 16,990,553 17,474,680 17,878,752 18,261,097 18,778,377 19,183,316 19,472,329 19,811,669 20,104,094 20,272,465 20,377,622 This work prQducl ","'llS prepared s{llely for City of Palo Alto for thc purpos~ described herein and may not be appropriate to usc for other purposes. MlIIimlln d{lcS not intend to benefit and assumes no duty or liability to olher parties who receive this work. Milliman 5 SECTION II. EXHIBITS Exhibit 2. Projected Number of Retirees The table below illustrates the projected number of retirees and spouses. The projections only consider the closed group ofexisting employees and retirees. Current Future Year ketirees ketlrees Total 2009 7\0 17 727 2010 683 51 734 2011 664 83 747 2012 645 119 764 2013 625 154 779 2014 604 190 794 2015 584 222 806 2016 563 257 820 2017 541 289 830 2018 519 320 839 2019 498 349 847 2020 476 375 851 2021 453 400 853 2022 431 422 853 2023 409 443 852 2024 387 460 847 2025 364 476 840 2026 342 489 831 2027 321 499 820 2028 299 506 805 2029 278 511 789 2030 257 513 770 2031 237 514 751 2032 218 513 731 2033 199 509 708 2034 181 503 684 2035 163 495 658 2036 147 485 632 2037 132 473 605 2038 117 459 576 City oj Palo Allo GASH 45 Actuarial Valuation as oj Ja/luary I, 2009 This work product was prepared solely for City ofPaio Alto for the purposes described herein and may not be appropriate to usc for other purposes. Milliman does not intend to benclilllnd Ilssumes no duty or liability to other parties who receive this work. Milliman 6 SECTION II. EXHIBITS Exhibit 3. Liahilities and Normal Cost The Present Value of Benefits is the present value of projected benefits (premium costs less retiree contributions) discounted at the valuation interest rate (7.75%). The Actuaria I Accrued Liability (AAL) is the present value of benefits that are attributed to past service only. The portion attributed to future employee service is excluded. For retirees, this is equal to the present value of benefits. For active employees, the actuarial present value of the projected benefits of each Individual is allocated as a level percentage of expected salary for each year of employment between entry age (defined as age at hire) and assumed exit (until maximum retirement age). The pOltlon attributed to service between entry age and the valuation date Is the actuarial accrued liability. The Normal Cost is that portion of the City's provided benefit attributable to employee service in the current year. January f, 2009 January f,2007 Present Vlllue of Benefits Actives $ 78,830,905 $ 72,105,749 Retirees 78,383,684 54,829,~26 Total $ 157,214,589 $ 126,935,275 Actuarial Accrued Liability Actives $ 51,277,266 $ 47,407,496 Retirees 78,383,684 54,829,526 Total $ 129,660,950 $ 102,237,022 Normal Cost (as of July 1) $ 3,478,193 $ 3,173,722 Clly 0/ Palo Alto GASB 45 Actuarial Valualion as 0/ January I, 1009 This work product WflS prepared solel,Y for City ofPIll0 Alto for the purposes d<0~crjbed Ilerein and may not be appropriate to use for other purposes. Milliman does not intend to benefit and assumeS' no duty or liabitity fO Glner parties who rece~ye this ' .... ork. Milliman 7 SECTION II. EXHIBITS Exhibit 4. Breakdown of Liabilities Before and After Age 65 The following table shows a breakdown of liabilities and costs attributes to benefits paid prior to age 65 and after age 65. JonuarJ!. 1,3009 Benefits < Age 65 Benefits> Age 65 Total Present Value of Benefits Actives $ 33,740,944 $ 45,089,961 $ 78,830,905 Retirees 25,891,863 52,491,821 Z8,~8J,684 Total $ 59,632,807 $ 97,581,782 $ 157,214,589 Actuarial Accrued Liability Actives $ 20,942,071 $ 30,335,195 $ 51,277,266 Retirees 25,891,863 78,383,684 Total $ 46,833,934 $ 82,827,016 $ 129,660,950 Normal Cost (CIS of July J) $ 1,556,310 $ 1,921,883 $ 3,478,J 93 CIty of Palo A/lo GASH 4.~ Acluar/al Valuallon as of JanunryJ, 1009 This work pIQdtlct was prepared soleI)' for City 'Of P{llo Alto for the purposes described herein and may not be nppropriate [() lise for other ptlfPOSes, MilHman does I10t intend to benefit and assumes no duty or liability to otber parties who roooive this work. Milliman 8 SECTION II. EXHIBITS Exhibit 5. Unfunded Actuarial Accrued Liability The Unfunded Actuarial Accrued Liability (UAAL) is the actuarial accrued liability offset by any assets set aside to provide retiree health benefits. This is equal to the value of the retiree health benefits accrued to date that has not been funded. The UAAL must be amortized over a period not exceeding 30 years and included in the ARC amount (shown in Exhibit 5) each year. We have calculated the amortization of UAAL as a level percentage of payroll over 30 years. This means the amortization amount would be expected 10 increase at the same rate as payroll increases each year. We have assumed the City's payroll will increase 3.25% per year for this purpose. Janaary 1, 2009 January 1, 2007 Unfunded A ctuar/al Liabilily (UAAL) Actuarial Accrued Liabil!ty $ 129,660,950 $ 102,237,022 Assets Held in nuS! 24,616,071 Unfunded Actuarial Accrued Liability $ 105,044,879 $ 102,237,022 Funded percentage 19.0% 0.0% Amortizalion ofUAALfor ARC UAAL $ 105,044,879 $ 102,237,022 Amortization Period 30 years 30 years Level % of Payroll Amortization Factor 17.2858 17.2858 Amortization Amount -January 1" $ 6,076,946 $ 5,914,509 Interest to beginning of fiscal year -July I" $ 231,088 $ 224,911 Amortization Amount --beginning of fiscal year $ 6,308,034 $ 6,139,420 CI(y of Palo Allo GASB 4S AclUarlal Valuallon a. of January 1,20119 This work product was prepared solely fot City of Palo Alto for the purposes described herein and may not be appropriate LQ use for other purposes. Milliman docs not intend to benefit and assumes no duty or liability to other parties who receive this work, Milliman 9 SECTION II. EXHIBITS Exhibit 6. Required Financial Statement Disclosures The following table shows the calculation of the Annual Required Contribution and Net OPEB Obligation. For the Fiscal Year Emling Determination a/Annual Required Contribution Normal Cost at beginning of fiscal year Amortization of UAAL Anl)ual Required Contribution (ARC) Determination 0/ Net OPES Obligation I (Asset) Annual Required Contribution Interest on prior year Net OPEB Obligation 1 (Asset) Adjustment to ARC Annual OPEB Cost City Contributions made' Increase in Net OPEB Oblig alion 1 (Asset) Net OPEB Obligation 1 (Asset) -beginning of year Net OPEB Obligation 1 (Asset) -end of year June 30, 2010 $ 3,478,193 6,308.034 $ 9,786,227 $ 9,786,227 TBD TBD TBD TBD TBD TBD TBD June 30, 2008 $ 9,313,000 $ 9,313,000 o $ 9,313,0000 38,490,000 $ (29,177,000) $ 0 $ (29,177,000) • Amounts shownJal'fiscal year ending June 30. 2008. were reported by Ihe City on ils CAFR as oj June 30. 2008. GASH 45 define, contribution, Jar Ihis purpose to be actual benefil payments made dlreclly by Ihe City during the year and contributions made to a seporate, in'evocable Irusl. This exhibit will need 10 be completed at Ihe end of the fiscal year once actual contributions are known. The following table shows the annual OPEB co st and net OPEB obi igation for the prior yeal's. Fiscal Year Ended 06/30/2008 06/30/2009 06/3012010 " See above jootnote, Annual OPEn Cost $ 9,313.000 8,740,000 TBD' Percentage 0/ OPES Cost Contributed 413% TBD' TBD' NetOPEB Obligation I (Asset) $ (29,177,000) TBD' TBD' Funded Slalas and Funding Progress. As of January 1,2009, the most recent actuarial valuation date, the plan was 19.0% funded. The actuarial accrued liability for benefits was $129.7 million, and the actuarial value of assets was $24.6 million, resulting in an unfunded actuarial accrued liability of $105.0 million. Clly oj Palo Alto GASB 45 Acruarlal Valuallon as oj January J, 2009 This work product was prepared solely for City of Palo Alto for the purpos~ described herein and may not be. appropriate to use , for other purposes Milliman dQes not intend to benefit and assumes no duty or liability to other parties who receive this work. Ml1Iiman 10 SECTION II. EXHIBITS Exhibit 7. Required Supplemeutary Information The following table shows a schedule of Funding Progress required unde;' GASB 45. Acluarial AClaarlal VAAL asa Valuallon Vallie of AAL Funded Covered % of Covered Dale Assets EAN VAAL Ralio Payroll Payroll 0110112005 nla nia nia nia ni. ni. 01i0112007 $ 0 $102,237,022 $102,237,022 0.0% $97,600,000 105% OliO 112009 $ 24,616,071 $129,660,950 $105,044,879 19.0% $98,940,490 106% City oj Palo Alto GASB 45 Actuarial Valuation as oj January J, 2009 11 This work product was prepared solely for City QfPalo Alto for the purposes described herein and may not be appropriate to use for other purposes. Milliman does not intend 10 benefit and assumes no duty or liability to other parties who receive this work. Milliman SECTION II. EXHIBITS Exhibit 8. Valuation Summary by Bargaining Group Valuation results shown below are based on a 7,75% discount rate. At the request of the City, we did not provide a breakdown of the ARC by bargaining group since a breakdown of assets by bargaining group was not available, FCA IAFF Mgml/ColI( PAPOA SEIU Tot(tl COllnts Actives 3 102 207 79 564 955 Retirees and Dependents --1Q±. ~ ~ .....ill.. Total 3 206 402 159 895 1,665 Presellt VlIllle of Benefits Actives $ 339,438 $ 12,118,133 $ 17,660,537 $ 7,173,119 $ 41,539,678 $ 78,830,905 Retirees 11,460,562 21,756,345 10,802,428 34,364,309 78,383,684 Total $ 339,438 $ 23,578,695 $ 39,416,882 $ 17,975,587 $ 75,903,987 $157,214,589 A cllmrllli AccfIled L/llbtllly Actives $ 268,508 $ 8,105,421 $ 12,423,191 $ 4,120,760 $ 26,359,386 $ 51,277,266 Retirees 11,460,522 21,756,345 10,802,468 34,364,309 78,383,684 Total $ 268,508 $ 19,565,983 $ 34,179,536 $ 14,923,228 $ 60,723,695 $129,660,950 City 0/ Pillo Allo GASB 45 ACluI"lal Valuotlon lIS 0/ Jallua,., I, 2009 12 This work producL was prepared solely for City ofPillo Alto for the purposes described herein and may not be appmprlate to use for other purposes. Milliman does not Intend to benefit and assumes no duty or liability to other parties WllO receive this work. Milliman SECTION II. EXHIBITS Exhibit 9. Valuation Breakdown by Fund Valuation results shown below are based on a 7,75% discount rate. The counts, Actuarial Liability, and ARCs include actives and retirees. In determining the ARC for each fund, we used the breakdown of assets by Fund provided to us by the City. Fund Description CERBTFund# Count Actuur;fI/ Liability ARC GF 102 1,097.30 $ 91,218,476 $ 6,797,923 GFCIP 471 21.95 1,563,882 141,351 Elce-Supply 513 0.80 44,373 (14,752) Gas-Supply 514 OA5 33,012 (4,990) Water-Opor •• 522 58.77 4,672,615 385,754 Elce-Operating •• 523 164.30 13,084,610 957,849 Gas-Operating •• 524 59.24 4,555,823 348,567 Refuse-Oper 525 41.95 3,063,013 244,889 WWT-Oper. 526 71.92 5,112,442 377,095 WWC-Oper. .-527 30.93 2,012,681 168,995 Storm Drai n-Oper 528 7.65 493,835 36,173 External Svc. 529 0.00 0 0 Fiber Optics 533 1.39 84,585 10,251 Vehicle Main 681 20.00 1,224,905 94,688 Technology 682 34.35 2,226,335 214,454 Printing & Mailing 683 4.00 270,363 27,980 Unknown Fund (Rets) • 50.00 nla nla Total 1,665.00 $129,660,950 $ 9,786,227 • Actuarial Liability and ARC for 50 retirees with no Fund code were allocated to each Fund in proportion to the Actuarial LIability and ARC fund allocation for current employees, as requested by the City . •• Actuarial Liability for active and refired un Admin employees were allocaled 10 the FUND 522 (WATER), FUND 523 (ELEC), FUND 524 (GAS), and FUND 527 (WWC) In proportion to each of those Fund's Actuar/al Liability. City Of Palo Alto GASH 45 Actuarial Valullllon lIS of January I, 2009 This work product was prepared solely for City ofPalQ Alto for the purposes described herein and may nol be appropriate ro use for other purposcs. Milliman does not inlend to benefit and as~uJTIes no duty or liability to other parties who receive this work. Milliman 13 SECTION II. EXHIBITS Exhibit 10. Valuation Breakdown by General Fu~d Departments Valuation "esults shown below are based on a 7.75% discount rate. The counts, Actuarial Liability, and ARCs include actives and reti,·ees. A breakdown of assets by General Fund Department was not available; therefore, assets attributed to the General Fund were allocated to 'each Department based on the pl"Oportion of each Department's AAL to the total AAL for the General Fund. General Fund Department Count Actuarial Llabill(v ARC ASD 84.30 $ 5,932,007 $ 489,570 ATT 15.10 1,303,589 104,024 AUD 2.00 115,611 15,08 I CLK 13.10 1,035,745 70,366 COU 10.00 885,029 44,592 CSD 153.60 10,182,568 820,473 FIR 245.00 24,576, 151 1,729,712 HRD 25.10 2,087,623 142,962 LIB 49.20 3,026,209 307,718 MGR 17.10 1,329,760 86,010 PLA 73.30 4,652,780 401,621 POL 275.00 24,242,749 1,761,351 PWD 134.50 11,848,655 824,443 ULT 0.00 0 Total 1,097.30 $ 91,218,476 $ 6,797,923 Actuarial Liability and ARC for 50 retirees with no Fund code were allocated to each Fund in proportion to the Actuarial Liability and ARC fund allocation for current employees, as requested by the City, Cit, of Palo Alto GASB 45 Actuarial Valuation as of Janullr, /, 1009 1 tus work product \\'IJS preIWred solely for City ufPulo Alto for the purposes described herein and msy not be appropriate to usc for oUler JlUrpC>ses, Milliman does not intend to benefit and assumes 110 duty or liability to other parties who reecive this work. Milliman 14 SECTION III. ApPENDICES Appendix A. Snmmary of Benefits The following description of retiree health benefits is intended to be only a brief summary. For details, reference should be made to Summary Plan Descriptions, Plan Documents, labor agreements, and employee booklets. Eligibility Employees hired before January 1,2004 and PAPOA members (Tie,' I employees) are eligible for retiree health benefits if they retire from the City after age 50 with at least 5 years of service, and are eligible for a CalPERS pension. Management, IAFF, and FCA employees (Tier 2 employees) hired on or after January 1,2004, and SElU employees hired on 01' after January 1,2005 (Tier 2 employees), are eligible for retiree health benefits if they retire from the City with at least 10 years ofCalPERS service, including 5 years of service with the City, and are eligible for a CalPERS pension. Health Benefits The City contracts with the CalPERS health plan to provide retiree health benefits to its retirees and spouses. For Tier I reti"ees, the City pays for the entire cost of health benefits for retirees and a portion of their dependents' premiums. The portion of dependent premiums paid by the City is 80% for 2009, and will increase by 5% per year until the City pays the entire dependent premium in 2013 and beyond. Tier 2 employees are entitled to a portion of the Tier I benefits depending on their years of service. After 10 years of service, Tiel' 2 employees are entitled to 50% of Tier 1 benefits, and this portion increases by 5% with eaeh additional year of service beyond 10 years up to a maximum of 100%. The portion of dependent premiums paid by the City is 90%, subject to the above vesting schedule. For FCA, IAFF, and management/confidential employees who retire on or after January I, 2006, and for SElU employees who retire on or after January I, 2007, the maximum premium amount the City will pay toward health insurance will be equal to the second highest CalPERS Bay Area Basic plan premium (eurrently the Blue Shield HMO premium). Surviving Spouse Benefits Upon the death of a retiree, benefits continue to surviving spouses of retirees for their lifetimes. The City's portion of premiums is the same as the portion paid on behalf of the retiree. Dental and Vision The City does not pay Dental or Vision Benefits for retirees. City oj Palo Alto GASH 45 Actuarial Valuation as oj January I, 2009 This work product W(lS prep<lred solely for City of Palo Alto for the purposes described herein and may not be appropriate to use for other purposes, Milliman does not intend to benefit lind assumes no duty Of liability to other parties who receive this work. Milliman 15 SECTION III. ApPENDICES Appendix A. Snmmary of Benefits (contlnned) Health Insurance Premium Rates The following table shows monlhly relil'ee health insurance premiums for Ihe 2009 and 2010 pl'emium years for coverage under the CalPERS Health Plan for the Bay Area Region: Moo/kly Premium Rales -2009 2-ParfJ!. Family Under 65 Over 65 Under 65 Over 65 Under 65 Over 65 Plans Blue Shield HMO $560.57 $341.44 $1,121.14 $682.88 $1,457.48 $1,024.32 Blue Shield NetValue 495.50 304.66 991.00 609.32 1,288.30 913.98 Kaiser Permanente 508.30 280.17 1,016.60 560.34 1,321.58 840.51 PERSCure 749.83 404.60 1,499.66 809.20 1,949.56 1,213.80 PERSChoiee 482.48 349.11 964.96 698.22 1,254.45 1,047.33 PERSSeiect 453.16 349.11 906.32 698.22 1,178.22 1,047.33 PORAC 484.00 330.00 906.00 657.00 1,151.00 1,052.00 Monthly Premium Rates -2010 Single 2-Par~ Family Under 65 Ovor65 Under 65 OVer 65 Under 65 Over 65 Plans Blue Shield HMO $577.33 $299.53 $1,154.66 $599.06 $1,501.06 $898.59 Blue Shield NetValue 500.35 299.53 1,000.70 599.06 1,300.91 898.59 Kaiser Pennanente 532.56 298.36 1,065.12 596.72 1,384.66 895.08 PERSCare 868.[7 410.60 1,736.34 821.20 2,257.24 [ ,231.80 PERS Choice 508.74 356.09 1,017.48 712.18 1,322.72 1,068.27 PERS Select 474.93 356.09 949.86 712.18 1,234.82 1,068.27 PORAC 484.00 363.00 906.00 723.00 1,151.00 1,157.00 City of Palo Alto GASB 45 Actuarial Valuation as Of January 1, 2009 16 This work product was prepared s()lely for City of Palo Alto for the purposes described herein and rnay not be appropriate to use for ()Iher purposes. Milliman does nol inlend to benefit and assumes no duty or liability 10 other parties who receive this work. MIlliman SECTION III. ApPENDICES Appendix B. Actuarial Cost Method and Assumptions Actuarial Cost Method The actuarial cost method used for determining the benefit obligations is the Entry Age Normal Cost Method. Under the principles of this method, the actuarial present value of the projected benefits of each individual included in the valuation is allocated as a level percentage of expected salary for each year of employment between entry age (defined as age at hire) and assumed exit. The portion of this actuarial present value allocated .to a valuation year is called the normal cost. The pOition of this actuarial present value not provided for at a valuation date by the sum of (a) the actuarial value of the assets, and (b) the actuarial present value of future normal costs is called the Unfunded Actuarial Accl'Ued Liability (UAAL). In determining the Annual Required Contribution, the UAAL is amortized as a level percentage of expected payroll over 30 years. Economic Assumptions Discount Rate Oiabilities): 7.75% effective annual rate Salary Increases: 3.25% pel' year growth in overall payroll for purposes of amortizing unfunded liability. For purposes of calculating entry age normal costs, merit salary increases are applied for individual members according to assumptions rates used by CalPERS in its actuarial valuation of retirement benefits. For all employees, assumed merit salary increases are based on an entry age of30. Demographic Assumptions Demographic assumptions regarding retirement, disability, and turnover are based on statistics taken from pension valuations for California PERS under a 2.7% @ 55 formula for Miscellaneous employees, and a 3% @ 50 formula for Police and Fire employees. Below is a summary of the assumed rates for retirement, disability, and turnover. Disability: Misc. 2.7% @ 55 3%@50 Age Males Females Police Fire 30 0.02% 0.04% 0.58% 0.22% 35 0.08% 0.10% 0.87% 0.32% 40 0.15% 0.16% 1.16% 0.42% 45 0.24% 0.23% 1.45% 0.53% 50 0.37% 0.35% 1.75% 0.67% City oj'PaloAlto GASB 45Actuarlal Valuation as oj'January 1,2009 This work product was prepared solely rOT City orPalo Alto ror fhe purposes deseribed herein and may not be appropriate to use rOT other purposes. Milliman does not intend to benefit and assumes no duty or liability to other parties who receive this work. Milliman 17 SECTION III. ApPENDICES Appendix B. Actuarial Cost Method and Assumptions (continued) Demographic Assamptions (continued) Retirement: Mise. 2.7% @55 3%@50 Ac.e Males Females 50 5.00% 7.00% 12.08% 6.79% 51 2.00% 5.00% 10.71% 9.22% 52 3.00% 5.00% 17.05% 13.77% 53 3.00% 6.00% 19.16% 16.61% 54 4.00% 6.00% 19.74% 20.38% 55 9.00% 10.00% 24.97% 25.16% 56 7.00% 8.00% 19.10"1. 24.07% 57 8.00% 7.00% 22.32% 20.10% 58 8.00% 10.00% 21.98% 23.54% 59 10.00% 9.00% 22.79% 19.93% 60 17.00% 13.00"10 100.00% 100.00% 61 16.00% 11.00% 100.00% 100.00% 62 28.00"10 23.00"10 100.00% 100.00% 63 23.00% 20.00% 100.00% 100.00"10 64 16.00% 14.00% 100.00% 100.00"10 65 27.00% 27.00% 100.00"1. 1 00.00"10 70 100.00% 100.00"/. 100.00% 100.00"10 I Sample probabilities/or a Police or Fire emp/oyee with 25 years 0/ service. Withdrawal: Sample probabilities ofmiscetlaneous employees terminating within one year for an employee with five years a/service with selected ages and sample llrobabilities of Safety employees terminating within one year for an employee with a given number of years ofservice are shown below: Misc. 2.7% @ 55 3%@50 Age Males Females Service Police Fire 30 5.5% 7.5% I 8.2% 7.4% 35 3.9% 5.5% 3 3.3% 3.2% 40 2.9% 4.1% 5 3.0% 2.6% 45 2.2% 3.1% 10 2.1% 0.9% 50 0.6% 0.9% 15 1.3% 0.8% 55 0.4% 0.6% 20 1.0% 0.7% 60 0.0% 0.0% 25 0.8% 0.6% City of Palo Alto GASB 4J Actoarilll VIII.alion liS of Jllnullry I, 2009 This work product was prepared solely for City QfPalo Alto for the purposes destribed herein and may not be appropriate 10 use ror other purposcs. Milliman does 110t intend to benefit and assumes no duty or liability to oloor parties who receive Ibis work. Milliman 18 SECTION III. ApPENDICES Appendix B. Actuarial Cost Method and Assumptions (continued) Demographic Assumptions (continued) Mortality: Rates used by CalPERS in its actuarial valuati'on of retirement benefits. Spouse Coverage: 60% of employees are assumed to elect spouse coverage upon retirement (among them, 70% will elect 2-pal1y coverage and 30% will elect Family coverage before age 65, no dependent children are assumed after age 65). For Current retirees, actual data was used to value spouse and dependent coverage. We have assumed that retirees who are married will have spouse coverage only after age 65. Spouse Age: Female spouses are assumed to be three years younger than male spouses, on average. Medical Inflation Assumption Milliman reviews all valuation assumptions on a regular basis in order to provide our clients with current and reliable information. As part of a recent review, we evaluated the Society of Aetuaries (SOA) recently published report on long-term medical trend. That report includes detailed research performed by a committee of economists and actuaries (including a Milliman representative) and proposes the use of the "Getzen Model" named after the professor that developed the model. We believe that the research and the model are fundamentally and technically sound and will advance the body of knowledge available to aetuaries to more accurately project long-term medical trends. At this time, we believe this model is the industry standard for projecting long term medical trends. Milliman has decided to use that model as the foundation for the trend that it I'e commends to our clients for OPEB valuations. The health cost inflation trend we derived based on the "Getzen Model" is shown in the following table: Year 2009 2010-2014 2015 -2032 2033 -2047 2048 -2076 2077 and beyond % Inflation Actual Increase 6.50% 6.00% 5.50% 5.00% 4.50% The CalPERS OPEB assumption model currently states that the select period of the medical cost inflation trend cannot be more than \0 years. We therefore derived a constant medical cost inflation trend of 5.85% for the 10" year and beyond that produces approximately the same valuation results as the above trend model. This trend assumption used in our valuation is shown on the following page. City of Palo Alto GASB 45 Actuarial Valuatioll (IS of January 1, 2009 This work product was prepared solely rOT City orPalo Alto rOT the purposes described herein and may not be appropriate to usc rOT other pmposes. Millimun does not intend to benefit and assumes no duty or liubility to other parties who receive fhis work. Milliman 19 SECTION III. ApPENDICES Appendix B. Actuarial Cost Metbod and Assumptions (continued) Medica/Inflation As.vumplion (continued) The following table shows the medical cost inflation trend used in our valuation. Year 2009 2010-2014 2015 2017 2018 and beyond City oJ Palo Alto GASH 45 Actuarial Valuation as oJ January I. 2009 % Inflation Actual Increase 6.50% 6.00% 5.85% This work prodoot was prepared soleI)' for City ofFal;) Alto f(lr the purposes described herein and may not be appropriate to use for other purposes. Milliman does nOI intend to benefit and assumes no duty or liability to ulner parties who rceeive this work. Milliman 20 SECTION III. ApPENDICES Appendix C. Summary of Participant Dnta The following census of participants as of January 1 ",2009 was used in the actuarial valuation and provided by the City of Palo Alto. Covered Active Employees A[{.e FCA M /imflCon[ PAPOA SEW Total Under 25 0 2 0 1 II 14 25 -29 0 6 3 17 45 71 30-34 0 6 7 16 60 89 35 39 0 17 19 13 52 101 40-44 0 26 26 13 71 136 45 -49 3 23 41 12 112 191 50-54 0 17 54 6 87 164 55-59 0 5 36 1 71 113 60-64 0 0 18 0 42 60 65 & Over .....Q _3 ~ ..J.2 Total 3 102 207 79 564 955 Average Attained Age at Valuation Date: 45.3 Average Years of Service at Valuation Date: 11.2 Current Kef trees A[{.e IAFF MgmtiCon[ PAPOA SEW Tolal Under 55 13 14 17 23 67 55-59 7 31 16 39 93 60 -·64 14 '38 14 64 130 65 -69 26 37 II 70 144 70 74 20 34 7 49 110 75 79 14 17 8 36 75 80-84 4 15 5 26 50 85 & Over -2. ---1 24 ..3:l Total 104 195 80 331 710 Average Attained Age at Valuation Date: 67.2 City Of Palo Alto GASH 45 ActuarIal Valuatlo1l as of Jal/uary I, 2009 '(his y,.t'lrk proouet was prepared solely for City of Palo Alto for the purposes described herein !'Iltd may not be appropriate to. tlSC for other purposes. MiIIlman does not intend to. benefit and assumes no duty o.r liability to olhcr parties Who. receive this work, Milliman 21 EXHIBIT A Actuarial Liability and Annual Required Contribution Variance Analysis by Fund and General Fund Departments Actuarial Valuation Aetuarlal Valuation Jan. 1, 2007 (~g 14) . Jan. 1, 2009 (~a 13) Change Actuarial Actuarial Actuarial % % Fund Llablltlr ARC Llablltlr ARC Llablltll Change ARC Chanaa GF 73,008.348 5,598,512 91,218,476 6,797,923 17,610,128 23.92% 1,199,411 21.42% GFCIP 1,110,244 97,878 1,563,882 141,351 453,038 40.86% 43,673 44.110/" E!ectric 11,341,482 758,679 13,128,983 943,007 1,787.501 15.76!)/~ 184,416 24.31% Ga. 2,938,389 187,420 4,588,835 343,577 . 1,652,446 56.27% 156,157 83.32% Water 2,838,751 236,847 4,672,615 385,754 1,833,004 64.60% 146,907 61.51% Refuse 1,907,563 148.571 3,063,013 244,889 1,155,450 60.57% 96,318 (34.8:,3010 WNT 3,782,400 261,384 5,112,442 377,095 1,330,042 35.16% 115.711 44.27% WlVC 1,290,119 99,772 2.012,681 168,995 722,562 56.01% 69,223 69.3tlO/l) Storm Drain . 502,517 35,038 493,835 30,173 ·8,682 ·1.73% 1,137 3.25% Fiber optlcs ...... 84,585 10,251 84,585 10,251 Vehicle main 1,028,273 73,900 1,224,905 94,688 100,632 19,12% 20,788 26.13% Technology 1,587,856 144,325 2,226,335 214,454 638,479 4Q.21% 70,129 46.59% Printing and Mailing 142.203 13.669 270,368 27,980 126,160 90.120/1) 14,291 104.40% External Service u" 160,877 28,350 .160,677 .28,350 $102,237,022 $7,600,163 $129.660,950 $9,766,227 $27,42'3,928 $2.100,064 Ulnc!uded in Electric Fund in FY 2007 . ..-" "uFund WM cloeed in FY 2009 Actuarial ValuatIon Act\1arial Valuation Jan. 11 2007 ~~g 15~ Jan. I, 2009 (~g 14) Chaneo Actuarial Aetu!'IiTlal Actuarial % % General Fund Ooet. Llablltl~ ARC Llablltll ARC Llablltl~ Chansa ARC Chango ASD 5,707,361 469,503 5,932,007 489,570 224,646 3.94% 20,067 4.27% ATT 960,869 80,918 1,303,589 104.024 342,720 35.67% 23,108 28.55% AUD 252,422 32,164 115,611 15Ml ·136,811 ~54,20% ·17,083 ·53.11% ClK 824,736 79,466 1.035,745 70,366 211,009 25.59% ·9.102 ·11.45% COU 993,450 92,931 '. 005,029 44,592 ·108,421 -10.91% ·48,339 ·52.02% CSD 8,692,640 692,954 10,132,586 62ll,473 1,589,926 Ht5Qo/e 127,519 18.40% FIR 19,350,296 1,346.396 24,576,151 1,729,712 5.217,855 28.95% 383,316 23.47% HRD 1,529,498 122.500 2,087,623 142,962 556,127 36.490/{I 20,372 16,62% LIB 2,172,224 257.458 3,026,200 307.718 853,965 39.31% 50,260 19.52% MGR 1,256,030 93,122 1,329,780 66,010 73.730 5.87% ·7,112 ~7,a4% PlN 3,946,689 326,581 4,652,780 401,621 706,111 17.89% 75.040 22.98% POL 18,559,469 1.346.565 24,242,749 1,761.351 5,663,280 30.62% 414.786 30.80% PWO 9,454,690 651,862 11,848,655 624.443 2,393,965 25.32% 166,581 25,32(1/(1 $73,608,352 $5,598,512 $91,218,476 $8,797,923 $17,610,124 $1,199,411 EXHIBIT B Actuarial Liability Variance Analysis by Bargaining Group Actuarial Valuation Jan. 1. 2007 fDg 131 Actives Retiress FCA IAFF MgmtiProf PAPOA SEIU 279,694 6,516,045 13,934,504 3,432,414 23,244,839 o 8,746,250 13,678,104 8,179,029 24,226,143 $279,694 $15,262,295 $27,612,608 $11,611,443 $47,470,982 Actuarial Valuation Jan. 1. 2009 fDg 12) Actives Retiress Change Actives Retiress % Change %ofTolal FCA IAFF MgmtiProf PAPOA SEIU 268,508 8,105,421 12,423,191 4,120,760· 26,359,386 o 11,460,562 21,756,345 10,802,468 34,364,309 $268,508 $19,565,983 $34,179,536 $14,923,228 $60,723,695 FCA IAFF MBmtlProf PAPOA SEIU -11,186 1,589,376 -1,511,313 688,346 3,114,547 0 2,714,312 8,078,241 2,623,439 10,138,166 -$11,186 $4,303,688 $6,566,928 $3,311,785 $13,252,713 -4.00% 28.20% 23.78% 28.52% 27.92% -0.04% 15.611% 23.95% 12,08% 48.33% TOTAL 47,407,496 54,829,526 $102,237,022 TOTAL 51,277,266 78,383,684 $129,660,950 TOTAL 3,869,770 23,554,158 $27,423,928 26.82% 100.00% ATTACHMENT B City of Palo Alto GASB 45 Actuarial Valuation of Post Employment Benefits Other tban Pensions As of January 1,2007 Prepared by: Jonn R. Botsford, FSA, MAAA January 16,2008 Milliman January 16, 2008 City of Palo Alto 250 Hamilton Avenue Palo Alto, California 94301 City of Palo Alto- GASB 45 Actuarial Valuatiou of Post Employment Benefits as of January 1,2007 650 California Sireet, Floor 17 San FranciS:CO, CA 94108·2102 USA Tel +1415400 1333 Fax +1 4154031334 mllilmaftcom At the request of the City of Palo Alto, we have completed an actuarial valuation of post employment . benefits as ofJamiary 1,2007, The purpose of this report is to detennine the Annual Required Contribution and required financial disclosures under the Governmental Accounting Standards Board Statement No. 45 -Accounting and Financial Reporting by Emplayers for Postemployment Benefits Other Than Pensions (GASB 45), Our determinations reflect the procedures and methods prescribed in GASB 45. Our calculations assume that the City will adopt the GASB 45 accounting standard effective with the 2007-2008 fiscal year. The results shown from the prior valuation are for comparison purposes only, In preparing our report, we relied on financial infornlation and employee data furnished to us by the City of Palo Alto. While Milliman has not audited the financial and census data, they have been reviewed for reasonableness and are, in our opinion, sufficient and reliable for the purposes of our calculations, If any of this information as summarized in this report is inaccurate or incomplete, the results shown could be materially affected and this report may need to be revised. The assumptions and cost method were selected by the City to satisfy CalPERS' required assumptions and methods for funding agency OPEB liabilities through CalPERS newly established OPEB trust. In our opinion, all assumptions and methods used in this valuation are reasonable for this purpose, The values provided in this report are estimates only, They represent results if actual experience exactly matches the assumptions used. Actual experience will likely differ and continued monitoring of experience should be performed and adjustments made to the assumptions as necessary. The actuarial computations under OASB 45 are for purposes of fulfilling employer accounting requirements. The calculations reported herein have been made on a basis consistent with our understanding of OASB 45, Determinations for purposes other than meeting employer financial accounting requirements may be significantly different from the results reported herein, Reliance on information contained in this report by anyone for anything other than the intended purpose puts the relying entity at risk of being misled, This report has been prepared for use by City of Palo Alto for the purposes described herein, Accordingly, this report may not be distributed to any third party outside the City without Milliman's written consent unless public disclosure is required by law, Milliman hereby consents to the distribution Offices in PrinCipal Cities Worldwide City of Palo Alto - January 16,2008 Page 2 of this report to the City's auditor for the purpose of preparing the audit oftbe City's fmandal statements. If distribution of the report is made outside the City, the report must be provided in its entirety. This report is a complex, technical analysis that assumes a high level of knowledge concerning the City of Palo Alto's operations, and uses the City of Palo Alto's data, which Milliman has not audited. Any third party recipient of Milliman's work product who desires professional guidance should not rely upon Milliman's work product, but should engage qualified professionals for advice appropriate to its own specific needs. On the basis of the foregoing, we hereby certify that, to the best of our knowledge and belief, the report is complete and accurate and has been prepared in accordance with generally recognized and accepted actuarial principles and pr~ctices which are consistent with the applicable Actuarial Standards of Practice of the American Academy of Actuaries. The undersigned is a member of the American Academy of Actuaries and meets the Qualification Standards of the American Academy of Actuaries to render the actuarial opinion contained herein. JRB:tah ":\cplI\va!UOO7\w.'lcpn07rerv.dOG sincU7 R. ~ 2: R. Botsford, FSA, MAAA Principal and Consulting Actoary Milliman T ABLE OF CONTENTS Section Page I Management Summary Introduction ............................................................................................................................... I Background ................................................................................................................................. 1 Assumptions .............................................................................................................................. 2 Selection i Approval of Actuarial Assumptions ....................................................................... 2 Results of Study .......................................................................... , ................................. , ............ 2 Impact of Changes from Last Valuation ........ , .................................... , .................................... , 3 Variability of Results .... , ............................ , ............ , .................................................................. 4 II Exhibits Exhibit 1. Projected Benefit Payments ............................................................................. 5 Exhibit 2. Projected Number of Retirees .......................................................................... 6 Exhibit 3. Liabilities and Nonnal Cost.. ........................................................... : ............... 7 Exhibit 4. Unfunded Actuarial Accrued Liability ............................................................ 8 Exhibit 5. Required Financial Statement Disclosures ...................................................... 9 Exhibit 6. ReqUired Supplementary Information ........................................................... 10 Exhibit 7. Valuation Results -Alternative Diseount Rates ............................................ 11 Exhibit 8. Valuation Summary by Bargaining Group .................................................... 12 Exhibit 9. Valuation Breakdown by Fund ..... : ................................................................ 13 .Exhibit 10. Valuation Breakdown by General Fund Departments ................................... 14 III Appendices " Appendix A. Summary of Benefits ..................................................................................... 15 Appendix B. Actuarial Cost Method and Assumptions ..................................................... , 17 Appendix C. Summary of Participant Data ........................................................................ 20 CUy of Palo Allo GASB 45 Actuarial Valuation as of January 1, 2007 This work product was prepared solely for City of Palo Alto for the purposes deseribed herein and may not be appropriate!O us:e for other purposes Milliman does not intend to benefit and assumes no duty or liability to .other panies who receiyc this WOrk Milliman SECTION I. MANAGEMENT SUMMARY Introduction Milliman, Inc. ("Milliman") has been retaincd by the City of Palo Alto ("City") to provide a GASB 45 actoarial valuation of its post employment benefit (OPEB) plans. In our valuation we: • Project expected payouts and number of retirees for future years • Calculate the present value of total benefits • Calculate the aetuarialliability (present value of benefits attributable to past service) • Determine the Annual Required Contribution (ARC) and annual OPEB expense under GASB Statement No, 45 • Prepare the financial statement disclosures relating to the funded status of the plan • Provide a breakdown of the City's OPEB costs by department and bargaining group Background Employees who retire directly from the City are eligible for retirce health benefits ifthey retire on or after age 50 with 5 years of service and are receiving a monthly pension from CaIPERS. For employees hired before January 1,2004, and all PAPOA employees, the City pays for the entire cost of retiree health benefits for retirees for their lifetimes. The City also pays a portion of medical costs for spouses of retirees equal to 70% of the premiums for 2007 and increasing 5% per year until the City's share reaches 100% of spouse premiums for 20 13 and beyond. For management employees, IAFF and FCA members hired on or after January I, 2004, and SEIU employees hired on or after January 1, 2005, the City pays for the 50% of the above described benefits after 10 years of service, and the city's portion increases by 5% for each additional year of service up to 20 years. For FCA, IAFF, and management/confidential employees who retire on or after January I, 2006, and for SEIU employees who retire on or after January I, 2007, the maximum premium amount the City will pay toward health insurance will be equal to the second highest CalPERS Bay Area Basic plan premium (currently the Blue Shield HMO premium). The City contracts with CalPERS to provide medical benefits for its retirees, Appendix A provides a more detailed summary of benefits, Assumptions With any valuation of future benefits, assumptions of anticipated future events are required, If actual events differ from the assumptions made, the actual cost of the plan will vary as well. The following assumptions should be reviewed for appropriateness. Discount Rate. GASB 45 requires that the interest rate used to discount future benefit payments back to the present be based on the expected rate of return on any investments set aside to pay for these benefits. The City has indicated that it intends fund its GASB OPEB liabilities by contributing to a trust City Of Palo Alto GASH 45 Actuarial Valuallon as of January ], 2007 This work product was prepared solely for City of Palo AII;Q for Ine purposes described herein and may not be appropriate 10 use for other purpose. .. Milliman does not intend to benefit and fl3sumes no duty or liability to othet parties who reecive this work Milliman SECTION I. MANAGEMENT SUMMARY established by ColPERS for this purpose. We have, therefore, used a discount rate of 7.75% for this valuation based on CaIPERS' expected return on assets held in their OPEB trust. Health Cost Trend .. We have reflected the actual medical premium increases from 2007 to 2008. After 2008, we have assumed premium increases of8.0% from 2008 to 2009, graded down 1% per year to 5.0% per year. Demoflrovhic Assumptions. We are using the same rates used by the California Public Employees Retirement System (CaIPERS) in their actuarial valuations of retirement benefits under a 2.7% at age 55 benefit formula for miscellaneous employees, and a 3% at age 50 formula for Police and Fire employees. A complete summary of the actuarial assumptions is presented in Appendix B. Selection/Approval of Actuarial AssumptiollS An actuarial valuation of post-employment benefits includes estimates of uncertain future events. The economie and demographie actuarial assumptions to anticipate future plan experience were selected to comply with CalPERS required assumptions for participation in their OPES trust. The demographic assumptions were developed by CalPERS based on the actual experience of the pool of public agencies, including the City of Palo Alto, that participate in CalPERS for pension benefits. Although the City's actual experience may differ for the overall experience of the pool, we believe it is reasonable for purposes ofthis valuation to assume that the City of Palo Alto's future experience will be similar to the experience of the pool of other California public agency employers covered under the same pension formulas as the City, Ultimately, the City and its auditor must select/approve the set of actuarial assumptions used in reporting liabilities on its financial statements. Results of Study The valuation results are summarized in the following exhibit and use the following terms: The Present Value of Benefits is the present yalue of projected benefits discounted at the valuation interest rate (7.75%). The Actuarial Accrued Liability (AAL) is the present value of benefits that are attributed to past service only. The portion attributed 10 future employee service is excluded. For retirees, this is equal to the present value of benefits. For active employees, the actuarial present value of the projected benefits of each individual is allocated as a level percentage of expected salary for each year of employment between entry age (defined as age at hire) and assumed exit (until maximum retirement age). The portion attributed to service between entry age and the valuation date is the actuarial accrued liability. The Normal Cost is that portion of the City's provided benefit attributable to employee serviCe in the current year. The An~'lUal Required Contribution (ARC) is equal to the Normal Cost plus an amount to amortize the unfunded AAL over a period of 10 to 30 years. This is the amount the City would be required to report as an expense each year under GASB 45 assuming the amount is fully funded. Note, the ARC represents an City vj'Palo AlfO GASH 45 ACluatial Valuation as oj' January 1. 2007 This \'I.'Ork product was prepared solely for City orPah) Alto for the purposes described herem lind may not be appropriate to use for other purposes Milliman does not intend to benefit and assumes no duty Of liflbillty to other parties who receive this work, Milliman 2 SECTION I. MANAGEMENT SUMMARY accounting expense, but the City is not required to contribute the ARC to a separate trust. If the City does not set aside funds equal to the ARC each year, then the Annual OPEB Expense (less actual benefit payments) will accumulate as a liability (Net OPEB Obligation) on the City's balance sheet. January 1, 2007 July 1, 2005 Active Employees 1,018 1,038 Retirees ---.ill _.J92 Total Participants 1,630 1,630 Covered Retired Spouses 257 217 Present Value of Benefits $ 126,935,275 $ 129,305,421 Actuarial Accrued Liability $ 102,237,022 $ 91,486,759 Assets I 27,093.351 $~OO,OOO Unfunded Actuarial Accrued Liability $ 75,]43,671 $ 73,286,759 Normal Cost ' $ 3,173,722 $ 4,011,490 Annual Required Contribution (ARC) , $ 7,686,163 $ 8,937,739 Budgeted City Payroll $ 97,600,000 $ 81,600,000 ARCilS a Percent of Budgeted Payroll 7.9% $ 11.0% Expected first year benefit payments $ 4,175,915 $ 3,286,972 I These assets are currently held in Ihe City's Internal Service Fund. At the City's request, we have included these assets in our actuarial valuation since the city intends 1o transfer these assets 10 a qualifYing separate Irust prior to Ihe end oj the fiscal year ending June 30, 201J8, 1 The Normal Cost and ARC were determined as oj the end oj the fiscal year Jor the last valuation. For this valuation, the Normal Cost and ARC were determined as oj the beginning oj the fiscal year to accountJor the City's intention to Jund its ARC at the beginning oj eachfiscal year. Impact of Changes from Last Valuation The Actuarial Accrued Liability increased by approximately $11 million since the last valuation. The following is a summary of changes to the valuation assumptions that contributed to the changes in AAL: • The discount rate was increased from 7% [0 7.75% to reflect the City's intention to fund its liabilities through the CalPERS trust. This resulted in a decrease in actuarial accrued liability of approximately $10 million. • The actuarial cost method changed from Projected Unit Credit to Entry Age Normal to conform with CaIPERS' OPEB assumption model for funding GASB 45 liabilities in its trust. This City of Palo Allo GASB 45 Actnariat flalnation as of January I, 1007 This W{)(k product was preparM s{)lely for City of Palo AIt{) fm the purposes described herein and may not be appropriate to use for other purposes. Milliman does IlQl intend to benefit and assumes 00 duty or liability tQ other parties who receive this work Milliman 3 SECTION I. MANAGEMENT SUMMARY resulted in an increase in AAL of approximately :b4 million. Note that a change in cost method does not affect the present value of future benefits. It only impacts the accrual pattern of costs. This change resulted in a higher AAL, but current and future "normal c!'sts" will be slightly lower under the new cost method. • The plan's demographic assumptions were also updated to reflect the latest CalPERS demographic assumptions used for California public agency pension valuations. This resulted in an increase in AAL of approximately $3 million. • The cost of benefit accruals since the last valuation (Le. the cost attributed employee service since the last valuation), plus interest on the prior year's AAL due to the passage of time, less benefit payments since the last valuation date also contributed to the change in Actuarial Accrued Liability. The combined impact of these factors was an increase in AAL of approximately $10 million. • Other factors such as changes in the city's demographic composition and changes in health premiums also contributed to the change in Actuarial Accrued Liability. The combined impact of all other factors was. an increase in liability of approximately $3 million. Variability of Results The results contained in this report represent our best estimates. However, variation from these or any other estimates of future retiree medical costs is not only possible but probable. Actual future costs may vary significantly from estimates in this report. City of Palo A 110 GAsn 45 ACluarial Valuation as oj January 1, 2007 This wurk product was prepared SOlely fOT City of Palo Alto fur the purposes described herein and may not be appropriate ttl use for (lther purposes, Milliman does not inle·lld to benefit and assumes no duty or liability 10 other parties who receive ih~s work. Milliman 4 SECTION II. EXHIBITS Exhibit 1. Projected Benefit Payments The lable below illustrates the projected pay-as-you-go City costs of providing retiree health benefits. The projections only consider the closed group of existing employees and retirees and is based on the current labor agreements. Current Future Year Retirees Retirees Total 2007 5; 3,979,387 5; 196,528 $'4,175,915 2008 4,054,178 478,129 4,532,307 2009 4,264,172 844,434 5,108,606 2010 4,440,151 1,277,685 5,717,836 2011 4,601,923 1,746,207 6,348,130 2012 4,676,922 2,259,792 6,936,714 2013 4,760,639 2,800,638 7,561,277 2014 4,762,598 3,326,619 8,089,217 2015 4,736,343 3,853,155 8,589,498 2016 4,754,499 4,393,906 9,148,405 2017 4,755,070 4,976,335 9,731,405 2018 4,744,882 5,540,062 10,284,944 2019 4,729,190 6,123,412 10,852,602 2020 4,683,342 6,738,145 11,421,487 2021 4,612,778 7,305,951 11,918,729 2022 4,572,562 7,917,554 12,490,116 2023 4,544,547 8,511 ,041 13,055,588 2024 4,479,050 9,086,551 13,565,601 2025 4,408,123 9,656,825 14,064,948 2026 4,319,047 10,203,794 14,522,841 2027 4,203,837 10,653,211 14,857,048 2028 4,092,084 11,134,144 15,226,228 2029 3,982,172 11,583,894 15,566,066 2030 3,872,845 11,956,337 15,829,182 2031 3,747,734 12,323,553 16,071,287 2032 3,611,257 12,730,802 16,342,059 2033 3,448,905 13,084,733 16,533,638 2034 3,299,285 13,338,127 16,637,412 2035 3,137,019 13,610,513 16,747,532 2036 2,957,793 13,859,643 16,817,436 City of Palo Alto GASB 45 Acluar;al Valulltion as of January 1, 2007 This WQrk product was prepared solely forC!!:), of Palo Alto fur the purposes described herein and mlly no! be appropIfate tQ use for olher purposes. Millimah does not intend to benefit and assumes no dUty or liability to other parties who receive this work. Milllrnan 5 SECTION II. EXIDBITS Exhibit 2. Projected Number of Retirees The table below illustrates the projected number of retirees and spouses. The projections only consider the closed group of existing employees and retirees. Current Future Year Retirees Retirees Total 2007 605 25 630 2008 589 59 648 2009 572 95 667 2010 556 132 688 2011 538 170 708 2012 521 208 729 2013 503 245 748 2014 485 282 767 2015 466 316 782 2016 447 350 797 2017 428 380 808 2018 409 411 820 2019 389 438 827 2020 370 463 833 2021 350 485 835 2022 331 505 836 2023 312 522 834 2024 292 536 828 2025 274 547 821 2026 255 557 812 2027 237 562 799 2028 219 565 784 2029 202 565 767 2030 185 561 746 2031 169 556 725 2032 154 549 703 20;l3 139 540 679 2034 125 527 652 2035 112 513 625 2036 100 497 597 City 0/ Palo Allo GASB 45 Actuarial Valuation as 0/ January 1, 2007 This work product was prepared solely fo! City of Palo Alto for the purposes desCttbed herein and may hot be Ilppropriate [(I use for tither pUrp05es. Millitnatl does not intend to 'benefit and assumes no duty or liability to other parties who receive this work. Milliman 6 SECTION II. EXHIBITS J;:xhibit 3. Liabilities and Normal Cost The Present Value of Benefits is the present value of projected benefits (premium costs less retiree contributions) discounted at the valuation interest rate (7.75%). The Actuarial Accrued Liability (AAL) is the present value of benefits that are attributed to past service only. The portion attributed to future employee service is excluded. For retirees, this is equal to the present value of benefits. For active employees. the actuarial present value of the projected benefits of each individual is allocated as a level percentage of expected salary for each year of employment between entry age (defined as age at hire) and assumed exit (until maximum retirement age). 'The portion attributed to service between entry age and the valuation date is the actuarial accrued liability. The Normal Cost is that portion of the City's provided benefit atlributeble to employee service in the current y eur. January 1, 2007 _~lyl,2005 Present Value of Benefits Actives $ 72,105,749 $ 77,597,402 Retirees 54,829,526 51,708,019 Total $ 126,935,275 $ 129,305,421 Actuarial Accrued Liability Actives $ 47,407,496 $ 39,778,740 Retirees 54,829,526 51,708,019 Total $ 102,237,022 $ 91,486,759 Normal Cost $ 3,057,456 $ 3,749,056 City of Palo Alto GASB 4$ AClnoriol Volaolion os of Jonuory 1, 2007 This work product W8.s prepated solely fOf City QfPalo Alia ror Ihe purposes described herein and may not be appropriate to usc fOf other purposes, Milliman does not intend to benefit and assumes no duty or liability to other parties who receIVe this work Milliman 7 SECTION IL EXHIBITS The following table shows a breakdown of liabilities and costs attributes to benefits paid prior to age 65 and after age 65. JanuarvI, 2007 Benefits <Age 65 I}ell~(its > Age 65 Total Present Value of Benefits Actives $ 29,202,226 $ 42,903,523 $ 72,105,749 Retirees 16,156,219 38,673,307 ...... 54,829.526 Total $ 45,358,445 $ 81,576.830 $ 126,935,275 Actuarial A ccrued Liability Actives $ 18,161,889 $ 29,245,607 $ 47,407,496 Retirees 16,156,219 38,673,307 54,829,526 Total $ 34,318,108 $ 67,918,914 $ 102,237,022 Norma/Cost $ 1,304,115 $ 1,753,341 $ 3,057,456 City of Pato Alto GASH 45 Actuarial ValuQtion as of January 1, 2007 This work product was prepared roleJy for City of Palo Alto for t~e purposes descri~ herein and mlly not be appropriate to use for other purposcs, Milliman does not intend to benefit ilod assumes no duty or liilbility 10 olher panies who reccive this work. Milliman SECTION II. EXHIBITS Exhibit 4. Unfunded Actuarial Accrued Liability The Unfunded Actuarial Accrued Liability (UAAL) is the actuarial accrued liability offset by any assets set aside to provide retiree health benefits. This is equal to the value cfthe retiree health benefits accrued to date that has not been funded. The UAAL must be amortized over a period not exceeding 30 years and included in the ARC amount (shown in Exhibit 5) each year. For illustrative PUlpOSes, we have calculated the amortization of UAAL as a level percentage of payroll over 30 years. This means the amortization amount would be expected to increase at the same rate as payroll increases each year. We have assumed the City's payroll will increase 3.25% per year for this purpose. Unfunded Actuarial Uahilit)' (UAAL) Actuarial Accrued Liability Assets Held in Trust Unfunded Actuarial Accrued Liability Funded percentage Amortization of UAALfor ARC UAAL Amortization Period Level % ofPayro]] Amorti?.ation Factor Amortization Amount -January 1,2007 Interest to July 1,2007 Amortization Amount July 1,2007 City of Palo Alto GASB 45 Actuarial Yaluotion as of January J, 2007 January /, 2007 $ 102,237,022 27,093,351 $ 75,143,671 26.5% $ 75,143,671 30 years 17.2858 $ 4,347,133 $ 165,308 $ 4,512,441 ThJs work product was prepared sOleJy for City afPalo Alto for the purposes described herejn and may not be appropriate to use for other purposes Milliman does 1Iot intend to benefit tl1id assumes no duty or liability to other parties who receive Ihis work. Milliman 9 SECTION II. EXHIBITS Exhibit 5. Required Financial Statement Disclosures The following table shows the calculation of the Annual Required Contribution and Net OPEB Obligation. For the Fiscal Year Ending June !l0, 2008 JUlie 30, 2007 Determination 0/ Annual Required Contrlbul/on Normal Cost at beginning of fiscal year $ 3,173,722 $ nla Amortization ofUAAL 4,512,441 Annual Required Contribution (ARC) $ 7,686,163 $ nla Determination 0/ Net OPEB Obligation Annual Requited Contribution $ 7,686.163 $ nla Interest on prior year Net OPEB Obligation 0 nla Adjustment to ARC nla Annual OPEB Cost $ 7.686.163 nla City Contributions made • 7,686,163 Increase in Net OPES Obligation $ 0 nla Net OPEB Obligation beginning of year $ 0 $ nla Net OPEB Obligation 1 (Asset) ~ end of year $ 0 $ nla '" GASB 45 defines contributions for lhis purpose to be actual benefit payments made directly by the City during Ihe year and contributions made to a separatel irrevocable trust. This exhibit will need to be completed at the end of the fiscal year once actual contributions are known. The following table shows the annual OPEB cost and net OPEB obligation for the prior 3 years. Percelltage 0/ Fiscal Annual OPEB Cost NetOPEB YeatEnded OPEB Cost Contributed Obligation 06/3012006 nla nla nla 06130/2007 nla nla nla 06/30/2008 $7,686,163 $7,686.163 100% Funded Status and Funding Progress. As of January 1,2007, the most recent actuarial valuation date, . the plan WaS 26.5% funded.' The actuarial accrued liability for benefits was $102.2 million, and the actuarial value of assets was $27.1 million, resulting in an unfunded actuarial accrued liability of $75.1 million. --_ .. ------------------------------------------------- City of Palo Alto GASB 45 ACinarial Valuation as of January i, 2007 This work product was prepared 801ely for City of Palo AlIQ fur the purposes described herein and may no! be appropriate to use for other purposes. Milliman does nol intend to benefit and ;,ssumes no duty or liability to other parties who reeeive this work. Milliman 10 SECTION II. EXHIBITS Exhibit 6. Required Supplementary Information The following table shows a schedule of Funding Progress required under GASB 45. Actuarial Actuarial UAAL as a Valuation Value 0/ AAL Funded Covered % o/Covered Date Assets EAN UAAL Ratio Payroll Payroll 01/0112003 nla nla nla nla nla nla 01/0112005 nla nla nla nla nla nla 01/0112007 $27,093,351 $102,237,022 $75,143,671 26.5% $97,600,000 77% City of Palo Alto GASB 45 Actuarial Valuation as of January I. 2007 11 This work product. was prepared solely for City of Palo Alto for the purposes described herein and may not be appropriate to use for other purposes Milliman docs not intend to benefit and assumes no duty or liability to other parties who receive this work. Milliman SECTION II. EXHIBITS Exhibit 7. Valuation Results -Alternative Discount Rates The following exhibit shows the results of the valuation based on alternative discount rates of 7.75% (funded basis) and 4.5% (unfunded basis). The discount rate is uscd to calculate the present value of expected future benefit payments. The lower the discount rated used, the higher the present valued will be. GASB 45 requires that the discount rate be reflective of the assets used to pay benefits. For unfunded OPEB liabilities, the rate would be the expected return on the City's general funds. For funded OPEB liabilities (ARC set aside in a separate trust each year), the discount rate would be the expected return on assets invested in such a trust. A higher expected return and discount rate would result a much lower OPEB liability and ARC for the City. Present Value of Benefits Actuarial Accrued Liability Assets Unfunded Actuarial Accrued Liability (UAAL) Normal Cost (beginning fiscal year) Amortization ofUAAL Annual Required Contribution (ARC) Annual benefit payments City oj Palo Alto GASB 45 Actuarial Valuation as oj January 1, 2007 7.75% Discount Rale $126,935,275 $102,237,022 27,093,351 $ 75,143,671 $ 3,173,722 4,512.441 $ 7,686,163 $ 4,175,915 4.5% Discount Rale $225,257,556 $159,157,754 27,093,351 $132,104,403 $ 6,547,102 5,330,672 $ 11,878,074 $ 4,175,915 Thiswork product was prepared solely for City OfP810 Alto for th~ purposes described herein and m<ly not be appropriate to use for other purposes. Milliman does not intend 10 benefit and assumes no duty or liability to other p<lrties who receive this work Milliman 12 SECTION II. EXHIBITS Exhibit 8. Valuation Summary by Bargaining Group Valuation results shown below are based on a 7,75% discount rate, At the r4quest oftha City, we did not provide a breakdown of the ARC by bargaining group since a breakdown of assets by bargaining group was not available. FCA IAFF MgmilConf PAPOA SEIU Total Counts Actives 4 105 270 75 564 1,018 Retirees and Dependents ..Q 2Q 154 -1l .2.ll.2 --<ill Total 4 201 424 148 853 1,630 Present Value Of Benefits Actives $349,253 $ 9,850,205 $20,340,146 $ 5,500,912 $36,065,233 $ 72,105,749 Retirees 8,746,2:JQ 13,678,104 8,179,029 24,22~,143 54,829,526 Total $349,253 $18,596,455 $34,018,250 $13,679,941 $60,291,376 $126,935,275 ACluarialAccrued Liability Actives $279,694 $ 6,516,045 $13,934,504 $ 3,432,414 $23,244,839 $ 47,407,496 Retirees 8,746,250 13,678,104 8,179,022 24,22~,14J 54,829,526 Total $279,694 $15,262,295 $27,612,608 $J 1,611,443 $47,470,982 $102,237,022 City oj Palo Alto GASB 45 Actuarial Valuallon as oj January I, 2007 13 This Work product was prepared solely for City of Palo AUo fur the purposes described herein and may not be appropriate Co me for other purposes" Milliman does nOI mien<.! to beneflt and assumes no duty Of liability to otlier parties who receive this w('lfk" Mmiman SECTION II. EXHIBITS Exhibit 9. Valuation Breakdown by Fund Valuation results shown below are based on a 7.75% discount rate. The counts, Actuarial Liability, and ARCs include actives and retirees. In determining the ARC for each fund, we used the breakdown of assets by Fund provided to us by the City. Fund Coullt Actuarial Liability ARC CIP 22.45 $ 1,110,244 $ 97,678 ELEC 126.84 11,341,482 758,679 External SVC 5.00 160,877 28,350 GAS 44.72. 2,936,389 187,420 General Fund 1,084.10 73,608,348 5,598,512 ISP -Printing 3.00 142,203 13,689 lSI" -Technology 29.00 1,587,856 144,325 ISP -Vehicle 17.00 1,028,273 73,900 Refuse 38.45 1,907,563 148,571- STORM Dr. 8.20 502,517 35,036 UTL -Admin 63.00 0 0 WATER 45.02 2,838,751 238,847 WWC 23.42 1,290,119 99,772 WWT 74.80 3,782,400 261,384 Unknown Pund (Rets) • 45.00 nla Total 1,630.00 $ 102,237,022 $ 7,686,163 • Actuarial Liability and ARC for 45 relirees wilh no Fund code were allocated 10 each Fund in proportion to Ihe Actuarial Liabilily and ARC fond alldeation for current employees. as requested by the City, •• Actuarial Liability for active and retired UTL Admin employees were allocaled to the GAS, ELEC, WATER, and WWC Funds in proporlion 10 each of those Fund's Actuarial Liability. City of Palo Alio GASB 45 Actuarial Valuation as of January I, 2007 This. work product was prepared solely for City of Palo Alto for the purpl,)$es described herein and may not be appropriate 10 use for ()Ilier purposes" Milliman does not intend 10 benefit and assumes 00 duty or liability to other parties who re~jve this work. Milliman 14 SECTION II. EXHIBITS Exhibit 10. Valuation Breakdown by General Fund Departments Valuation results shown below are based on a 7,75% discount rate. The counts, Actuarial Liability, and ARCs include actives and retirees, A breakdown of assets by General Fund Department was not available; therefore, assets attributed to the General Fund were allocated to each Department based on the proportion of each Department's AAL to the total AAL for the General Fund, Gelleral FUlld Department Count Actuarial Liability ARC ASD 89 $ 5,289,514 $ 449,360 ATT IS 960,869 80,918 AUD 5 252,422 32,164 CLK 12 824,736 79,468 COU 17 993,450 92,931 CSD 154 8,592,640 692,954 FIR 241 J9,358,296 1,346,396 HRD 26 J,529,496 122,590 LIB 45 2,]72,224 257,458 MGR 17 1,256,030 93,122 PLA 68 3,946,669 326,581 POL 260 18,559,469 1,346,565 PWD 133 9,454,690 657,862 UTL 2 417 ,847 20,143 Total 1,084 $ 73,608,352 $ 5.598.512 Actuarial Liability and ARC for 45 retirees with no Fund code were allocated to each Fund in proportion to the Actuarial Liability and ARC fund allocation for current employees, as requested by the City. , City of Palo Alto GASB 45 Actllarial Valualion as of January 1, 2007 This work product was prepared solely for City of Palo Alto fur the purposes described herein and may not be apprnpriale to use for other purposes, Mill1man does not intend to benefit and assumes no duty or liability to Qlber parties who receive this wotk Milliman 15 SECTION III. ApPENDICES Appendix A. Summary of Benefits The following description of retiree health benefits is intended to be only a brief summary. For details, reference should be made to Summary Plan Descriptions, Plan Documents, labor agreements, and employee booklets. Eligibility Employees hired betore January 1,2004 and PAPOA members (Tiel' 1 employees) are eligible for retiree health benefits if they retire from the City after age 50 with at least 5 years of service, and are eligible for a CalPERS pension. Management, IAFF, and ]lCA employees (Tier 2 employees) hired on or after January 1,2004, and SEIU employees hired on or after January 1,2005 (Tier 2 employees), are eligible for retiree health benefits if they retire from the City with at least 10 years of CalPERS service, including 5 years of service with the City, and are eligible for a CalPERS pension, Health Benefits The City contracts with the CalPERS health ,plan to provide retiree health benefits to its retirees and spouses, For Tier I retirees, the City pays for the entire cost of health benefits for retirees and a portion of their spouses' premiums for their lifetimes, The portion of spouse premiums paid by the City is 60% for 2005, and will increase by 5% per year until the City pays the entire spouse's premium in 2013 and beyond, Tier 2 employees are entitled to a portion of the Tier 1 benefits depending on their years of service, After !O years of service, Tier 2 employees are entitled to 50% of Tier 1 benefits, and this portion increases by 5% with each additional year of service beyond 10 years up 10 a maximum of 100%, For FCA, IAFF, and management/confidential employees who retire on or after January I 2006, and for SEITJ employees who retire on or after January I, 2007, th~ maximum premium amount the City will pay toward health insurance will be equal to the second highest CalPERS Bay Area Basic plan premium (currently the Blue Shield HMO premium). Surviving Spouse Benejils Upon the death ofa retiree, benefits continue to surviving spouses of retirees for their lifetimes, The City's portion of premiums is the same as the portion paid on behalf of the retiree, Dental and Visioll The City does not pay Dental or Vision Benefits for retirees. City af Pala Alta GAS» 45 Actuarial Valuation as of Janua,y }, 2007 This work product was prepared solely fOf City of Palo Alto for the purposes described herein and may not be appropriate to use rQr olher purposes. Milliman does not intend to benefit and assumes no duty or liability to other parties who receive this work Milliman 16 SECTION III. ApPENDICES Appendix A. Summary of Benefits (continued) Health Insurance Premium Rales The following table shows monthly retiree health insurance premiums for the 2007 and 2008 premium years for coverage under the CalPERS Health Plan: Monthly Premium Rates -2007 Single 2·Party Under 65 Over 65 Under 65 Over 65 Bay Area Blue Shield HMO $ 484.21 $ 318.95 $ 968.42 $ 637.90 Kaiser Permanente 431.17 289.68 862.34 579.36 PERSCare 769.50 371.68 1,539.00 743.36 PERSCholce 455.18 341.75 910.36 683.50 PORAC 439.00 351.00 822.00, 701.00 Monthly Premium Rates -2008 Single 2.Party Under 65 Over 65 Under 65 Over 65 Bay Area Blue Shield HMO $ 532.93 $ 341.44 $ 1,065.86 $ 682.88 Kaiser Permanente 470.67 273.36 941.34 546.72 PERSCare 749.83 404.60 1,499.66 809.20 PERSChoice 482.48 349,11 964.96 698.22 PORAC 452.00 308.00 847.00 614,00 City of Polo jllto GASB 45 ACluarial Valuation as Of January I. 2007 ihis wor;': product was p.repared solely for City of Palo Alto for the purposes described herem and may not be appropriate to U;g; for ()Iller purposes. Milliman does not intend to beneflt and assumes no duty or liability to ather parties who receive this work Milliman 17 SECTION III. ApPENDICES Appendix B. Aetua rial Cost Method and Assu rnptions Actuarial Cost Method The actuarial cost method used for determining the benefit obligations is the Entry Age Normal Cost Method. Under the principles of this method, the actuarial present value ofthe projected benefits of each individual included in the valuation is allocated as a level percentage of expected salary for each year of employment between entry age (defined as age at hire) and assumed exit. The portion of this actuarial present value allocated to a valuation year is called the normal cost. The portion of this actuarial present value not provided for at a valuation date by the sum of (a) the actuarial value of the assets, and (b) the actuarial present value of future normal costs is called the Unfunded Actuarial Accrued Liability (UAAL). In determining the Annual Required Contribution, the UAAL is amortized as a level percentage of expected payroll over 30 years. Economic Assumptions Di~Q()-''!!'LRale (liabilities): 7.75% effective annual rate Salarvlncreases: 3.25% per year growth in overall payroll for purposes of amortizing unfunded liability. For purposes of calculating entry age normal costs, merit salary increases are applied for individual members according to assumptions rates used by CalPERS in its actuarial valuation of retirement benefits. For all employees, assumed merit salary increases are based on an entry age of 30. Health Cost Trend: Actual increase from 2007 to 2008, 8% increase in health premiums from 2008 to 2009, and graded down I % per year to 5% per year. City of Palo Atto GASB 45Acluarial Valuatwn as of January i, 2007 This work product was prepared solely fnr City ofPal(l Alto f\lf the purposes described herein and may not be appropriate to use for .other purpo.ses Milliman does nOI intend t{l benefit alld assumes no dUly or liabIlity to other parties who receive this work. Milliman 18 SECTION Ill. ApPENDICES Appendix B. Actuarial Cost Method and Assumptions (continued) Demographic Assumptions. Demographic assumptions regarding retirement, disability, and turnover are based on statistics taken from pension valuations for California PERS under a 2.7% @ 55 fonnula for Miscellaneous employees, and a 3% @ 50 formula for Police and Fire employees. Below is a summary oflhe assumed rates for retirement, disability, and turnover. Disability.' Misc. 2.7% @55 3%@50 Age Males Females Police Fire 30 0.02% 0.Q4% 0.58% 0.22% 35 0.08% 0.10% 0.87% 0.32% 40 0.15% 0.16% 1.16% 0.42% 45 0.24% 0.23% 1.45% 0.53% 50 0.37% 0.35% 1.75% 0.67% Retirement: Misc. 2.7% @55 3%@50 __ A~ Males Females Police I Fire I 50 5.00% 7.00% 12.08% 6.79% 51 2.00% 5.00% 10.71% 9.22% 52 3.00% 5.00% 17.05% 13.77% 53 3.00% 6.00% 19.16% 16.61% 54 4.00% 6.00% 19.74% 20.38% 55 9.00% 10.00% 24.97% 25.16% 56 7.00% 8.00% 19.10% 24.07% 57 8.00% 7.00% 22.32% 20.10% 58 8.00% 10.00% 21.98% 23.54% 59 10.00% 9.00% 22.79% 19.93% 60 17.00% 13.00% 100.00% 100.00% 61 16.00% 11.00% 100,00% 100.00% 62 28.00% 23,00% 100.00% 100.00% 63 23.00% 20.00% 100.00% 100.00% 64 16.00% 14.00% 100.00% 100.00% 65 27.00% 27.00% 100.00% 100,00% 70 100.00% 100.00% 100.00% 100.00% I Sample probabilities for a Police or Fire employee wifh 25 yea/'s of service. Appendix B. Actuarial Cost Method and Assumptions (continued) City of Palo Alto c,'ASB 45 Actuarial Valuation as of January 1, 2007 This work product was prepllted solely for City orPalo Alto for the purposes described herein Ilnd may not be appropriate to use for other purposes. Mil1Jman does not intend to benefit and assumes 00 duty or liability to other parties who receive thIS work. Milliman 19 SECTION III. ApPENDICES Demographic Assumptions (continued) Withdrawal: Sample probabilities of miscellaneous employees terminating within one year for an employee with five years of service are shown below for selected ages: Misc. 2.7% @ 55 Age Males Females 30 5.5% 7.5% 35 3.9% 5,5% 40 2.9% 4.1% 45 2.2% 3.1% 50 0.6% 0.9% 55 0.4% 0,6% Sample probabilities of Safety employees tenninaling within one year for an employee with a given number of years ofscrvice are shown below: 3%@50 Service Police Fire I 8.2% 7.4% 3 3.3% ],2% 5 3,0% 2,6% 10 2.1% ,0.9% 15 1.3% 0.8% 20 1,0% 0.7% 25 0,8% 0.6% Mortality: Rates used by CalPERS in its actuarial valuation of retirement benefits, ~se Coverage: 60% of employees are assumed to elect spouse coverage upon retirement (no dependent children are assumed). For Current retirees, actual data was used to value spouse coverage, Spouse Age: Female spouses are assumed to be three years younger than male spouses, on average. City of Palo Alto GASB 45 Actuarial Valuation as Of January J, 2007 This work product was prepared solely fOf City of Palo Alto for the pmposes described heretli atld may not be appropriate to use for other purposes, Milliman does 1'101 intend to bene-fit and assumes no duty or liability to other parties who receive this work. Milliman 20 SECTION III. ApPENDICES Appendix C. Summary of Participant Data The following census of participants as of January 2007 was used in the actuarial valuation and provided by the City of Palo Alto. Covered Active Employees FCA IAFF jlfgmVCoIIL PAPOA SEW Under 25 0 0 0 2 4 6 25 -29 0 4 3 15 46 68 30 -34 0 9 13 18 42 82 35 -39 0 22 20 7 63 112 40 -44 I 2~ 32 12 83 154 45 -49 2 29 57 14 98 200 50 54 0 II 67 5 98 181 55·-59 0 2 50 2 75 129 60 -64 I 2 20 0 45 68 65 & Over ......Q ......Q ......Q -1Q Total 4 105 270 75 564 l,018 Average Attained Age at Valuation Date: 46 Average Years of Service at Valuation Date: 11.4 Currelll Retirees Age IAFF MgmtlCo!J[ PAPOA SEW Total ----- Under 55 1 1 9 20 23 63 55 -59 12 22 12 28 74 60-64 12 29 14 59 114 65 69 26 33 8 58 125 70 74 15 25 8 43 91 75-79 13 18 6 30 67 80-84 3 10 4 26 43 85 & Over ..,], _I 22 35 Total 96 154 73 289 612 Average Attained Age at Valuation Date: 67 City Of PaloAllo GASB 45 ACIuarlal Valualion as of January 1.2007 This \vork"proqucl was prepared solely for City of Palo Alto for the 'purposes desenbed herein and may no! be approptiate to use for other purposes. Millilll"n does not intend to benefit and assumes no duty or liability to other parties who receive this work. Milliman 21 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 ATTACHMENT C ORDINANCE NO. ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE BUDGET FOR FISCAL YEAR 2010 TO PROVIDE ADDITIONAL APPROPRIATIONS OF $688,038 FOR RETIREE MEDICAL EXPENDITURES AS UPDATED WITH THE RETIREE MEDICAL ACTUALRIAL STUDY COMPLETED JUNE 2009 WHEREAS, pursuant to the provisions of Section 12 of Article III of the Charter of the City of Palo Alto, the Council on June 15, 2009 did adopt a budget for fiscal year 2010; and WHEREAS, per Governmental Accounting .Standards Boards (GASB) Statement No. 45, Financial Reporting for Retiree Medical Benefits, beginning in fiscal year 2008, the City of Palo Alto was required to recognize in its financial statements any unfunded, earned retiree medical costs, including those for current active employees; and WHEREAS, per GASB 45, the City is required to complete an actuarial study on a biennial basis to determine the retiree medical liability and how much the City should be setting aside each year to fund that liability WHEREAS, an actuarial study completed by Milliman, Inc. in June 2009, using a valuation date of January 1, 2009 valued the City's unfunded retiree medical liability at $105 million WHEREAS, the required annual contribution that the City must recognize in it's financial statements is $9.8 million for fiscal year 2010 WHEREAS, additional appropriations are requested to fund the retiree medical contribution for fiscal year 2010 WHEREAS, City Council authorization is needed to amend the fiscal year 2010 NOW, THEREFORE, the Council of the City of Palo Alto does ORDAIN as follows: SECTION 1. The Capital Fund Infrastructure Reserve is hereby decreased by the sum of Thirty Three Thousand Nine Hundred and Five dollars ($33,905). As a result of this change the Infrastructure Reserve will be reduced from $5,160,000 to $5,126,094 SECTION 2. Electric Fund is Hundred dollars The Supply Rate Stabilization Reserve in the hereby decreased by the sum of Fifteen Thousand One ($15,180) SECTION 3. The Distribution Rate Stabilization Reserve in the Electric Fund-is hereby decreased by the sum of One Hundred Thirty Three Thousand Two Hundred and Seventy-Seven dollars ($133,277) SECTION 4. The Rate Stabilization Reserve in the Water Fund is hereby decreased by the sum of One Hundred Twenty Three Thousand and Twenty-Two dollars ($123,022) SECTION 5. The Supply Rate Stabilization Reserve in the Gas Fund is hereby decreased by the sum of Eleven Thousand Nine Hundred and Eleven dollars ($11,911) SECTION 6. The Distribution Rate Stabilization Reserve in the Gas Fund is hereby decreased by the sum of One Hundred Twenty Five Thousand Five Hundred and Four dollars ($125,504) SECTION 7. The Rate Stabilization Reserve in the Refuse Fund is hereby decreased by the sum of Eighty One Thousand Four Hundred and Sixty-One Dollars ($81,461) ==~~~~8. The Rate Stabilization Reserve in the Wastewater Treatment is hereby decreased by the sum of Eighty Nine Thousand Five Hundred and Seventy-Three Dollars ($89,573) SECTION 9. The Rate Stabilization Reserve in the Wastewater Collection Fund is hereby decreased by the sum of Fifty Nine Thousand Two Hundred and Forty-Six Dollars ($59,246) SECTION 10. The Rate Stabilization Reserve in the Storm Drainage hereby increased by the sum of Two Thousand Three Hundred and Sixty-Seven Dollars $2,367 SECTION 11. The Rate Stabilization Reserve in the Fiber Optics Fund is hereby increased by the sum of Thirty Three Thousand Two Hundred and Fifty-Six Dollars $33,256 SECTION 12. The Retained Earnings in the Vehicle Replacement Fund is hereby decreased by the sum of Thirteen Thousand One Hundred and Forty-Nine Dollars ($13,149) SECTION 13. The Retained Earnings in the Information Technology Fund is --hereby decreased by the sum of Twenty Four Thousand Five Hundred and Eleven Dollars ($24,511) SECTION 14. The Retained Earnings in the Printing and Mailing Fund is hereby decreased by the sum of Twelve Thousand Nine Hundred and Twenty-Two Dollars ($12,922) As specified in Section 2.28.080(a) of the Palo Alto Municipal Code, a two-thirds vote of the City Council is required to adopt this ordinance SECTION 16. The Council of the City of Palo Alto hereby finds that this is not a project under the California Environmental Quality Act and, therefore, no environmental impact assessment is necessary. SECTION 17. As provided in Section 2.04.350 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoption. INTRODUCED AND PASSED: AYES: NOES: ABSTENTIONS: ABSENT: ATTEST: City Clerk APPROVED AS TO FORM: Senior Asst. City Attorney APPROVED: Mayor ·City Manager Director Services of Administrative TO: ATTENTION: FROM: DATE: SUBJECT: ATTACHMENT D City of Palo Alto City Managelf.,'s Report HONORABLE CITY COUNCIL }<'INANCE COMMITTEE CITY MANAGER DEPARTMENT: ADMINISTRATIVE SERVICES MAY 1,2007 CMR: 195:07 AUTHORIZATION TO PROCEED WITH ESTABLISHING AN IRREVOCABLE TRUST WITH CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM (CALPERS) FOR RETIREE BENEFITS RECOMMENDATION The purpose of this report is to seek Council's approval to: (a) entering into a contract with California Public Employees Retirement System (CalPERS) to begin process of establishing an irrevocable trust fund for retiree medical benefits; and (b) transfering funds in the amount of $26.5 million currently set aside in the Retiree Health Benefits Internal Service Fund to CalPERS to establish the trust. BACKGROUND Per GASB 45, the City of.Palo Alto will be required to recognize in its fmancial statemcnts any unfunded, earned retiree medical costs including those for cnrrent active employees bcgilllling in fiscal year 2007-08. In December 2006, staff presented an update on funding options for retiree medical (Attachment A). The Finance Committee was supportive of the idea of establishing a trust with CaIPERS. DISCUSSION: The actuarial study completed by Milliman, Inc. in April 2006 valued the City's unfunded retiree medical liability at $148.7 million, assuming a 4 percent rate of return on the funds, the then- current rate of return on the City'S investments. Once the City takes steps to establish a trust for these funds, the assumed rate of return rises to 7.75 percent, reducing the present-value of the liability to $82.6 million. Furthermore, if the City deposits the $26.5 million balance from its Retiree Health Benefrts Internal Service Fund into the trust, the unfunded liability is reduced to $56.1 million. Without establishing a tmst, the Annual Required Contribution (ARC ~ or amount the City must set aside to fully fund the liability) would be $13.1 million per year. Wjth the establishment of a trust, the ARC goes down to $6.9 million. The budget for fi.scal year 2007-08 and all subsequent years would then include this reduced ARC and the proposed funding plan for the entire liability. CMR: 19507 Page) of4 The following table shows the allocations of both the liability and the ARC across the City's funds a:ssuming 7.75 percent rate of return, based upon actual staff demographics within each fund. Fund Actuarial Ua bility ARC General Fund $61,613,148 $5,141,349 Capital Improvement Fund 542,174. 67,606 Electric Fund 8,990,109 660,327 - External Service Fund 101,350 24,741 Gas Fund 2,397,695 203,057 Printing -Internal Service Fund 166,772 15,822 Refuse Fund 1,474,589 138,046 Storm Drain Fund 344,492 25,163 Technology Fund -Internal 961,295 1J 0,135 Service Fund Vehicle -Internal Service Fund 746,362 70,939 Wastewater Collection Fund . 670,244 152,104 Wastewater Treatment Flmd 2,685,693 65,379 Water Fund 1,884,974 220,165 Citywide Total $82,578,897 $6,894,833 As per the above table, the General Fund staffs share of the citywide ARC \otals $5.1 million. Since the General Fund budgets $2.2 million per year for current retiree medical expenditures, an additional $2.9 million would be required to fund the increased expenditure. General Fund staff provide services to the other funds, with the associated salary, beneflt and other costs allocated to the other funds via thc Cost Plan. However, the Cost Plan allocations have only included current retiree medical expenses and have not included the appropriate share of General Fund staffs annualJy accrued retiree medical liability. Once that liability is added to the Cost Plan, the allocated expense to other funds increases by $0.4 million per year resulting in a net ARC of $2.5 million. Using the fmal actuarial information, the net ARC for the General Fund is $2.5 million; an increase of $0. I million from the Long Range Financial Plan estimated net ARC of $2.4 million. In addition, none of the historically accrued liability has.been allocated to other funds. Staffhas calculated that other funds' unpaid share of already-accrued retiree medical liability totals $3 million. That rather large unpaid "bill" will be charged over a period of three years to mitigate the impact to the other funds. Therefore, for three years, the General Fund's ARC will effectively be reduced by an additional $1.0 million, leaving $1.5 million in required set-aside funds. Starting in fIscal year 2010-11, when the other funds have caught up in their payments, the General Fund net ARC would bump back up to $2.5 million. A new actuarial study, which is required every two years, will change those numbers once again. CMR: 195:07 Page 2 of 4 The following table summarizes the calculation described above: Total Citywide ARC $6,894,833 Less all other funds ARC <1,753,484> .. ~ ... .. ~ .. Equal GF ARC 5,141,349 Less current amount budgeted for retiree medical benefits <2,200,000> GF increase due to GAS.B 45 implementation .. 2,941,349 Less current year cost-plan allocations , <400,000> . Equals net ARC!i1crease for GF 2,541,349 Less prior years' catch up of cost plan <1,012,072> Equals net ARC increase for GF less prior year catch-up $1,529,277 Alternatives to establishing a trust with CalPERS have been discussed with the Finance Committee (Attachment A). These include: continuing the pay-as-you-go approach and booking the unfunded ARC on the financial statements; issuing debt to fund the liability; participating in a pre-funding plan by CaIPERS; establishing a trlfst with a financial institution other than CaIPERS; and others. Staff recommended proceeding with the CalPERS trust option for many reasons, including the following: • Administrative costs are expected to be significantly lower with CalPERS than with a private financial institution. • CalPERS has an outstanding record of investment performance and a seasoned team of investment professionals. Over the past 20 years, CalPERS has averaged a 1 ° percent rate of return on their investments. • Using internal staff or a provider other than CalPERS would require significantly more work, would require a trust or financial planner; legal services, establishment of an investment policy and risk program, and the creation of a review team possibly including members of bargaining units. • Pre-funding would require the City to issue debt at a taxable rate and it would potentially impact other debt issuance plans. • If the City decided not to establish a trust fund and left the $26.5 million in the Retiree Health Benefits Internal Service Fund, the expected interest rate would be 4.35 percent, as reported for the City's portfolio as of December 31, 2006. In addition, the $26.5 million would not be considered applicable assets -so the ARC would go back to $13.1 million Should Council direct staff to proceed with establishing the trust with CalPERS, staff would initially receive annual reporting on the earned rate of return, eventually moving to quarterly reporting. These results would be included in the quarterly financial report to Council. ENVIRONMENTAL REVIEW The action recommended is not a project for the purposes of the California Environmental QUality Act. CMR: 195:07 Page 3 of 4 PREPARED BY: TRUDY EIKENBERRY Accounting Manager, Administr tive Services DEPARTMENT HEAD APPROVAL: LALOPEREZ CITY MANAGER APPROVAL: V" •• ,-,,4 LJ /"") ~\ \ ' ). uo r."",.,.",:~/-:-:--:-____ _ . t" EMILY HARRISON Assistant City Manager ATTACHMENTS Attachment A: CMR:438:06, June 12, 2006, Informational Update on Financial Reporting Activity and Funding Options for Retiree Medical -Governmental Accounting Standards Board Statcments Numbers 43 & 45 CMR: 195:07 Page 4 of 4 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DATE: AUGUST 3,2009 REPORT: REPORT OF OFFICIALS DEPARTMENT: PLANNING AND COMMUNITY ENVIRONMENT CMR: 332:09 SUBJECT: Adoption of a Resolution Amending Green Building Standards for Compliance, Tables A & B for Non-Residential and Residential Projects, and Review of Report on Implementation of the City's Green Building Ordinance. EXECUTIVE SUMMARY This report provides a summary of inlplementation of the City's Green Building Ordinance, (Palo Alto Municipal Code (PAMC) Chapter 18.44). Over the past year, the program covered 264 permits and influenced $8,306,638 in valuation and 98,275 square feet of construction to incorporate strategies that are environmentally and socially responsible, and improve occupant health. Staff recommends that Council adopt, by Resolution, amendments to the tables adopted by Council in June 2008 in conjunction with its adoption of the Green Building Ordinance. The revised tables set forth green building compliance thresholds, rating systems, and compliance verification for private development by project type. The amendments increase requirements for existing buildings with a particular focus on increasing building owner knowledge of the building's energy efficiency, and adjust the covered project definitions based on lessons learned from the first year of program implementation. RECOMMENDATION Staff and the Architectural Review Board recommend that the City Council review this report describing the past year's implementation of the City's Green Building Ordinance, and adopt the attached Resolution (Attachment A) referencing proposed amendments to Tables A & B (Resolution Exhibits 1 and 2). BACKGROUND In June of 2008, the City of Palo Alto adopted a mandatory Green Building Ordinance (P AMC Chapter 18.44) requiring specific project types to meet minimum standards for compliance and verification using the appropriate U.S. Green Building Council (USGBC) Leadership in Energy and Environmental Design (LEED) or Build It Green (BIG) Green Point Rated (GPR) green building rating systems. The goal of the Palo Alto Green Building Program is to design, build and operate a new generation of efficient, environmentally responsible, and healthy buildings in the City of Palo Alto. Building green can have a significant impact on reducing energy, water and natural CMR: 332:09 Page 1 of 11 resource consumption, and can improve Palo Alto citizens' well being through improved indoor air quality and comfort. Green building is the practice of taking an integrated approach to building construction, building systems, and building sites to provide more environmentally responsive, healthy, productive, economical places to work, learn and live. Green building also goes beyond the physical buildings to consider how the site and buildings interact with the community and transportation infrastructure. The associated Resolution, adopted in conjunction with the ordinance, referred to the standards for green building compliance, and includes: • Table A; City of Palo Alto Green Building Standards for Compliance for Private Development, Nonresidential Construction and Renovation, and • Table B, City of Palo Alto Green Building Standards for Compliance for Private Development, Residential Construction and Renovation. P AMC Section 18.44.040 requires that any amendments to the standards for green building compliance be considered and recommended by the Architectural Review Board. There is also a need to update the Historic Resources Board and Planning and Transportation Commission on the progress made implementing the ordinance during the first year of the Palo Alto Green Building Program. This report covers the first year of ordinance implementation and performance of the Palo Alto Green Building Program, and describes proposed amendments to the green building requirements (Tables A and B). PROGRAM REPORT The Green Building Ordinance requires staff to return to Council one year after the effective date to report on program implementation. Therefore, this report covers program performance from July 1, 2008 -June 30, 2009. Staff anticipates that future program reports will be provided during the annual Earth Day report in April of each year, covering the previous year performance from January 1 -December 31. Over the past year, the Palo Alto Green Building Program was created both to implement the Green Building Ordinance, and to address implementation of and interaction with the City's Energy Efficiency Ordinance and Construction and Demolition Debris Diversion (C&D) Ordinance. Staff has implemented several key measures establishing staff and community building activities and program performance over the last year, and has gained insight into areas where the program could be better optimized, as described in the "Discussion on Amendments" section of this report. Green Building Implementation Activities The following are staff and community building activities that were undertaken and completed during the past fiscal year to implement the Green Building Ordinance: • Hiring of Experienced Staff and Training of Existing Staff -In early October 2008, the City filled the vacant C&D position (funded by Public Works Operations budget) with a qualified CMR: 332:09 Page 2 of 11 staff member who is a LEED Accredited Professional, with BIG's Green Point Rater (GPR) Training, and experience in green building policy, standard development, education and project review. Staff initiated the program, with assistance from a City of San Jose employee through the Management Talent Exchange Program, and from interns from Stanford and California State University San Luis Obispo (Cal-Poly), which allowed the C&D program to continue to run while the green building program was established. Additional staff merrlbers in the Planning and Community Environment, Public Works, and Utilities Departments have undergone training and/or have become accredited/certified under the USGBC LEEDIBIG GPR programs, respectively. • Developing the Palo Alto Green Building Program Guide (Guide) -The Guide was developed as a tool to assist the community in understanding the City's program and to provide infonnation on why green building is important. The Guide describes the City's project requirements and submittal and review processes, as well as presents financial incentives and helpful outside resources to assist with compliance. • Developing a New Green Building Website The Planning and Community Environment Department website added a new green building section that allows applicants to view successful green projects in the City, the goals and purpose of the green building program, links to financial' incentives for building green, and outside resources. From the site, users can download the Palo Alto Green Building Guide to find specific infonnation regarding the proj ect type the user is undertaking, at http://www.cityofpaloalto.orgldepts/plnlgreen building/default.asp. • Streamlining the C&D and Energy Ordinance Compliance Reviews -C&D and building energy efficiency are a subset of the broader practice of green building; therefore the requirements for both were merged into' one program and the application process was combined for ease of implementation by the City and community. The C&D Debris Diversion Ordinance requires covered projects to achieve a 75% diversion rate and requires applicants to bring all debris to an approved facility. The Energy Efficiency Ordinance requires covered projects to achieve energy savings 15% beyond the California State Energy Code. • Integrating Green Building into the Permit and Inspection Process -Staff established new review and enforcement protocol through the planning and building application processes, including updating existing forms, proj ect checklists, and the Accela building permit tracking systen1 to account for green building review and inspection. • Achieving Greater Cost Recovery -Staff assessed the fiscal and staffing needs to run the green building program to ensure greater cost recovery. The FY 2010 budget passed in June 2009 includes new fees ranging from approximately $100 -$800 for projects covered under the Green Building Ordinance to cover staff time to review projects and enforce the requirements. Project fees were determined by the size of the project, and whether the City was providing verification in house, or through the Build It Green or the Green Building Certification Institute. CMR: 332:09 Page 3 of11 • Adding New Enforcement Options -The Ordinance requires compliance as its primary enforcement mechanism. Final building inspections are delayed until the proj ect can show an adequate level of compliance. In order to expand compliance options, in July 2009, the administrative penalty schedule was updated to allow fines for non-compliant green building projects at $500 per day of non-compliance. There are currently no incentives for complying since all projects must comply, however rebates are offered for building green through the Utilities and Public Works Departments. • Creating a Performance Database -Staff established performance indicators for determining the effectiveness of the program including, but not limited to, number of projects by type, number of occupants in green buildings, square footage, points achieved, water reduction, energy savings, waste diverted, greenhouse gas emission reductions, and dollars spent on environmentally preferable materials. In addition, the system tracks review time to ensure green building review and inspection are not responsible for prolonging the building process. • Participating in City, Regional and National Events and Efforts -City staff participates in city, regional and national green building related events and efforts. City staff presented a session regarding the Green Building Ordinance and program implementation at the AIA (American Institute for Architects) International Conference and at the Bay Area City Attorney's Association, participated on the Energy and Climate Taskforce to develop green building indicators for cities nationally through ICLEI (Local Governments for Sustainability), participated in the Build It Green Public Agency Council and in the Santa Clara County Cities Association Green Building Collaborative to develop policy recommendations for use throughout the county (Attachment E). In addition, the City's ordinance was recognized as a model ordinance by the International Municipal Lawyers Association. Looking Forward In the coming year and beyond, staff anticipates preparing for when green building is just the way all building occurs in Palo Alto. The following are some of the activities pialmed for the comIng years: • Building Greater Staff Capacity Staff intends to work toward reducing reliance on certifying bodies such as the Green Building Certification Institute and Build It Green by increasing capacity for staff reviews and on-site inspections of covered green building projects. Limited staff are currently providing this service for a small percentage of projects. Integrating these functions into the department could reduce costs and time for applicants and can prepare the department for future code requirements for green building at the state level. In particular, staff proposes to increase training and certification in energy efficiency plan review and on-site compliance inspections. It will be necessary, however, to assure that City review, inspection and costs are not duplicative of those done by outside bodies. • Developing a Recognition Program Staff proposes to establish a recognition program to acknowledge all covered projects that have achieved compliance with mandatory green building requirements via certificate, plaque or window decal to honor this achievement. This is particularly valuable for projects that are verified by the City rather than by an outside agency (such as the Green Building Certification Institute or Build It Green), since all CMR: 332:09 Page 4 of 11 projects must undergo a similarly stringent compliance review. This program would be in addition to the Architectural Review Board awards for exceptional buildings, which happen every five years. The 2010 awards will likely include awards for Green Buildings. • Focusing Efforts on Existing Buildings -Staff expects to focus greater efforts on understanding the current performance of the existing building stock, where the greatest environmental and performance improvements can be made~ These efforts are further outlined in the discussion on the proposed Ordinance anlendments. • Continuing to Track Rating Systems. Code and Policy Development and Their Relationship and Integration into the Green Building Program -It is important for staff to stay current on green building rating system changes, technology and strategy innovations, and green building codes and policies at both regional and national levels. These include, but are not limited to: LEED, BIG, American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) Standard 189, and the California Green Building Code. Staff is particularly interested in finding innovative ways to incorporate the LEED for Neighborhood Development (LEED-ND) program into large projects and broad City planning strategies as well as on implementation scenarios for new requirements being proposed for the CA Green Building Code changes. Program Performance Over the past year, there have been 264 permits issued for projects covered under the green building compliance standards. Some findings related to the distribution are as follows: • Residential vs Nonresidential Permits -100 permits, or 38%, were nonresidential and 164- permits, or 62%, were residential; • Mandatory Requirements vs Good Faith Efforts (Voluntary) -72 permits, or 27%, had mandatory green building requirements and 192, or 63% only had construction and demolition debris diversion and/or good faith effort requirements such as checklist submittal only; • Mandatory Requirement Permits by Project Type -22 permits, or close to 30% of those with mandatory green building requirements were for nonresidential existing buildings, and 50 permits or close to 70% were for new construction; • Good Faith Effort Permits by Project Type -114 permits, or 43%, of the total number of permits were for residential renovations or small additions. The mandatory requirements influenced $80,412,694 of construction funding toward green building and over 666,500 square feet of space. Within Palo Alto, there are at least nine (9) LEED registered proj ects in process to be certified by the Green Building Certification Institute, about 30 in process to be certified by Build It Green, and at least 15 proj ects being verified by the City. CMR: 332:09 Page 5 of 11 Only five (5) of the 72 pennits with mandatory green building requirements have successfully completed the green building program. It is important to note that projects with mandatory green building requirements are also typically those that have a longer construction period; therefore, many projects that were covered under the requirements when the program started, on July 1, 2008, have not yet completed construction. In addition, while only five proj ects have successfully completed the green building progranl, there are nlany other projects that predate the mandatory requirements and are voluntarily meeting the City's requirements. All completed projects achieved the exact number of points, or slightly exceeded the minimum number of green building points required for the project; however, more recently, staff is seeing (on average) applicants striving for point targets 30-40% higher than the City minimum points. The five projects that successfully completed the green building program: • totaled project valuations of$8,306,638 and 98,275 square feet of construction; • include 750 employees in Palo Alto; • achieved on average 24% energy efficiency savings; • reduced ind()or water use by 69,500 gallons per year; • reduced outdoor water use by 50,000 gallons per year; • expended $635,174 on environmentally preferable building materials; • diverted 704.98 tons of waste from landfill; and • reduced CO2 emissions by over 200 tons; At least half of the completed projects installed low-emitting materials, had access to public transportation, perfonned commissioning, and increased pervious surfaces on site. In addition, all of the projects achieved at least a 75% debris diversion rate from the landfill. PROPOSED GREEN BUILDING AMENDMENTS Staff took the opportunity of reporting on program implementation outcomes to amend the compliance standards. Each of the goals is discussed further below. The amendments are proposed for Table A and Table B (both attachments are annotated to indicate proposed changes), which were original attachnlents to the Green Building Ordinance passed a year ago and outline green building requirements by proj ect type. The amendments will go into effect concurrently with the final adoption of the 2008 California Energy Code and local amendments, expected in January 2010, to ensure compliance with the newest version of the California State Energy Code. The changes were driven by a number of goals to increase the effectiveness of the program, including: • Adding an energy efficiency and existing building emphasis; • Incorporating lessons learned on covered proj ect types; and • Clarifying definitions and language for consistency with referenced Green Building rating systems, codes and programs. The changes will require covered existing buildings to understand their current energy perfonnance and how it can be improved, and will allow the City to more effectively require green building requirements based on project scope rather than valuation. CMR: 332:09 Page 6 of11 Adding an Energy Efficiency and Existing Building Emphasis It is important to note that the City already has a separate Energy Efficiency Ordinance that functions compatibly with the Green Building Ordinance. Because the point thresholds in the Green Building Ordinance require achievement of some energy-related points, in 2008, Council adopted the California Energy Code and an Energy Efficiency Ordinance making local energy efficiency amendnlents. The Energy Efficiency Ordinance, approved by the California Energy Commission, provides the legal authority for the energy efficiency requirements that are already part of the Green Building Ordinance. The City currently has no mandatory green building requirements for a majority of nonresidential existing building projects, and no requirements for existing residences. However, existing buildings dominate the built environment and hold the greatest potential for major carbon reductions through energy and water savings. The existing building stock is where action must be taken to achieve energy efficiency measures in support of the City climate action plan, and state and national goals. In the current economy, new construction is playing a smaller role than it has in the past. In addition, the California Public Utilities Commission's Energy Efficiency Strategic Plan, supporting the state carbon reduction mandate of AB32, set a goal of 40 percent energy savings in aU homes within 12 years and 80 percent by 2050. To meet these necessary environmental targets would require Palo Alto's existing buildings, as well as buildings in other cities, to be renovated at a rate many times the current level of improvements. Addressing the existing building stock is both necessary and an opportunity for the City to be a leader and move in a direction that will prepare the greater community for an uncertain energy future that will also protect its environment; few cities in the State have set mandatory, aggressive policies or programs for existing buildings. The revisions follow two priorities for energy efficiency and existing buildings. Requiring a Performance Approach In the nonresidential sector (Table A), all new construction over 500 square feet is currently required to meet an established level in the LEED rating system. However, in the LEED rating system, there is a prerequisite (a nlandatory requirement that must be met prior to points being claimed) that allows two paths for ensuring minimum energy efficiency measures are met. There is a performance path through demonstrating a 10% improvement over the California State Energy Code (Title 24, Part 6) or ASHRAE 90.1, a national energy code, or a prescriptive path under ASHRAE 90.1 that requires specified energy strategies. The proposed amendments would require proj ects in the City to choose the performance path. Increasing the Energy "10" of the Owner Lack of owner awareness remains one of the biggest challenges to improving efficiency of existing buildings. Amendments to both the nonresidential and residential sector would require existing buildings undergoing substantial renovations to understand their energy use, their performance compared to other sinli1ar buildings, and to identify strategies for inlprovement using two well recognized systems. Rather than emphasizing individual retrofit measures, the program would focus on a "whole building" approach to understanding energy, which can deliver much greater energy savings, health and comfort benefits, and much higher owner satisfaction. CMR: 332:09 Page 70fll The nonresidential sector table (Table A) would require applicants, for projects involving covered existing buildings, to submit a Building Energy Performance Rating using the Energy STAR Portfolio Manager software tool. The Energy STAR Portfolio Manager is managed by the U.S. Environmental Protection Agency. Portfolio Manager is a free, interactive energy management tool that allows building owners to track and assess energy and water consumption of a given project. The project would receive an energy performance rating on a scale of 1-100 relative to similar buildings nationwide. The residential sector table (Table B) would require applicants, for projects involving covered existing buildings, to perform a HERS IT Rating starting January 2011. HERS stands for the California Home Energy Rating System, a statewide program administered by the California Energy Conlffiission under statutory requirenlents. Phase I of the HERS Progranl provides field verification and diagnostic testing to show compliance with Title 24, Part 6, of the Building Energy Efficiency Standards. HERS Phase IT expands the program to include whole-house home energy efficiency ratings for existing and newly constructed homes. The definition of a covered project for this level was amended from projects having a valuation greater than $75,000, to projects having a valuation greater than $100,000 and more than 250 square feet of floor area to ensure that the owner undertakes a significant enough improvement to benefit from the rating and to incur the time and cost of undertaking it. In addition, the requirements for residential applicants will not be effective until 2011 to ensure there is enough time for the commlmity to familiarize themselves with the new requirement and pro gram. Requiring use of the Energy STAR Portfolio Manager and HERS IT program would not mandate design or require improvements to a proj ect. However: (l)Applicants using the programs would only be required to learn and begin to understand their project's energy performance; the City does not require that they make improvements to their score. The City's goal would be for owners to use the knowledge, particularly if the project is a low performer, to make informed decisions on home improvements that can save the owner money and energy; (2)Requiring applicants applying for projects involving existing buildings to understand the building'S energy performance will move the City further toward requiring a specified level of performance in the future; and (3)Since applicants will be required to submit their energy performance rating to the City, staff will be able to create a database to better track and understand the performance of the existing building stock, to learn how the City compar~s to other cities, and to know where to target efforts to improve efficiency and reach Climate Action Plan targets. hlco[porating Lessons Learned on Covered Pro; ect Types Staff has gained a better understanding of how different project types fit into the different green building requirement levels and the issues facing verification. Staff found that the non-residential requirements for large projects (over 5,000 square feet of floor area, over $500,000 valuation and CMR: 332:09 Page 8 of 11 over 50% of building square footage) are capturing projects for which it is impractical to apply comprehensive green building practices, and are not capturing projects where green building requirements should be applied. For example, a project may have fallen into the requirements listed above, but the scope of the project only included major equipment installation throughout the building which caused high valuation, with the majority of the building and systems being untouched. Another example is a $3 million renovation over 5,000 square feet with a scope that touched every system and surface, but did not qualify to comply with the ordinance because it did not cover over 50% of the entire existing buildings square footage because the building was so large. The proposed amendments would change the existing standards for large non-residential projects so that the standards would be based on square footage and scope of a project, rather than project valuation and percentage of the whole building being renovated. The revised requirements would apply to a project over 5,000 square feet and with substantial renovations to at least two systems (HVAC, lighting, plumbing or interior surfaces/partitions). In general, staff found that valuation was not as good an indicator (for whether green building was practical) as square footage or scope would be; therefore an effort was made to delete valuation as an indicator. Starf also found that projects that were "rebuilds" of existing buildings, essentially new construction, did not have any mandatory green building requirements. The proposed amendments require both nonresidential tenant improvements, renovations or alterations as set forth in Table A, Section "C", and residential "rebuilds" to achieve some green building requirements, or at minimum, to meet a certain level of energy performance starting in 2011. The amendments also codify the availability of in-house (City staff) verification as an option at all compliance levels. The City was already providing this option for some project types, and the increasing level of green building experience and knowledge of City staff now make this more practical. This proposed amendment would impact both nonresidential and residential projects. If the City is chosen for verification, staff reviewers will still rely on the submittals of extensive work by certified and/or experienced green building professionals such as LEED Accredited Professionals and Green Point Raters. Clarifying Definitions and Language for Consistency with Referenced Green Building Rating Systems, Codes and Programs Reference in the table to the U.S. Green Building Council is proposed to be replaced with the Green Building Certification Institute (GBCI). In early 2009, GBCl assumed responsibility for overseeing all LEED proj ect certification. GBCI proposes to improve processing time, ensure credibility and integrity in the certification process, and separate the body that develops the standard from the certifying body. Reference to a specific derivation of a rating system (LEED for New Construction or LEED for Commercial Interiors) is proposed to be replaced with the overarching rating systenl to give greater flexibility to the applicant based on the project type. BOARD/COMMISSION REVIEW AND RECOMMENDATIONS On July 16,2009, staff presented the proposed amendments to the standards in a public hearing to the Architectural Review Board (ARB) for recommendation to City Council. The ARB CMR: 332:09 Page 9 of 11 recommended, on a 5-0-0-0 vote, that Council approve the Resolution adopting the revised tables. The table changes were also informally reviewed by community stakeholders on July 1 7 and commented on by California Energy Commission Buildings Standards Implementation staff. Neither recommended any changes to the proposed amendments. In addition, two public study sessions were conducted with the Historic Review Board (July 15, 2009) and Planning and Transportation Commission (July 29, 2009) allowing staff to present a summary of the first year implementation of the Green Building Program and to describe the proposed table changes. The HRB recommended that to be explicit, a row should be added to the compliance tables showing that all proj ects that do not fit into any of the proj ect categories do not have any green building requirements. Staffplans to add this to the implementation guide. Staffwill sumnlarize the P&TC con1ments during the presentation to Council and verbatim minutes from the July 29 study session will be provided at places for Council's consideration. POLICY IMPLICATIONS The recommendations set forth are consistent with and further a number of existing City policies. For the past three years, the City Council has ranked environmental protection among its top three annual goals. The amendments to Tables A and B, which outline the green building compliance requirements, are consistent with the Green Building Ordinance adopted in June of 2008, which added Chapter 18.44 to the Palo Alto Municipal Code. The amendments are also consistent with the Energy Efficiency Ordinance, which added chapter 16.18 to the Palo Alto Municipal Code establishing local energy efficiency standards based on the 2005 California Energy Code. The Green Building Program also promotes the City's Climate Protection Plan (CPP) and Zero Waste goals. In 2007, the City Council approved the Climate Protection Plan (CPP) that provided direction to reduce green house gas emissions associated with buildings as one method to reduce Palo Alto's impact on climate change. The plan proposed implementing specific requirements for green building and adopting the 2005 California Energy Code to achieve emission reduction goals. Finally, the amendnlents support the City's Comprehensive Plan and Sustainability Plan, which note several green building strategies as key categories of sustainability focus throughout. RESOURCE IMPACT If the proposed amendments are adopted, relevant resource impacts could include staff time and owner expenses. The amendments are unlikely to cause an increase in the applications submitted under the green building progranl, but are likely to increase the time necessary to review an individual application. The review time depends greatly upon whether a project with mandatory requirements chooses to use the City for verification instead of using GBCI or BIG. Applicants' motivation to choose one verification method over another may include recognition, time, cost and convenience. Staff is confident, based on the past year, that a manageable number of non- residential project applicants will choose City verification and the nlajority of residential projects will choose BIG verification, without increased permit fees. However, the City will need to adjust its permit fees to allow the option of an increased fee in the event that residential projects choose City verification to ensure cost recovery. CMR: 332:09 Page 10 of 11 The only additional owner expenses that are introduced with these amendments would be costs associated ·with the energy performance rating requirements for existing buildings for both non- residential and residential projects. For non-residential projects, the Energy STAR Portfolio Manager program is free; however, time would be needed to input the necessary building performance information to obtain a rating. If the owner has easy access to the building's energy and water bills, as well as building characteristics, the time needed would be minimal, typically under four hours. For residential projects, the owner would be required to hire a HERS II Rater to audit the home and provide a rating and recommendations. The cost of a rater is estimated at $300-$600 for an audit and would only be required for projects with valuations over $100,000. The audit cost is minimal considering the benefit to the owner of understanding their building's energy performance, and being able to identify strategies that can significantly save money, reduce environmental impacts and can also improve resale value. ENVIRONMENTAL REVIEW The adoption of the proposed amendments is categorically exempt from the provisions of the California Environmental Quality Act (CEQA) per Section 15308 of CEQA Guidelines. PREPARED BY: KRtSTIN'HEtNEN Associate Planner DEP AR'fMENT HEAD: CURTIS WILLIAMS Director of Planning and Community Environment CITY MANAGER APPROVAL: JAM:EfS'REENE ( /. City ~;~riager LJ ATTACHMENTS A. Resolution B. Table A. City of Palo Alto Green Building Standards for Compliance for Private Development Nonresidential Construction and Renovation (Not Redlined / Redlined) C. Table B. City of Palo Alto Green Building Standards for Compliance for Private Development Residential Construction and Renovation (Not Redlined / Redlined) D. Letter from Silicon Valley Leadership Group dated June 16, 2009 E. Responses to Questions from Commissioner Keller for July 29,2009 PTC CMR: 332:09 Page 11 of 11 ATTACHMENT A NOT YET APPROVED RESOLUTION NO. ---RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALO ALTO ADOPTING REVISED GREEN BlTILDING STANDARDS (' FOR COMPLIANCE FOR PRIVATE DEVELOPMENT PROJECTS WHEREAS, on May 12, 2008, the City Council considered regulations for the incorporation of green building teclmiques and materials in private residential and nonresidential development projects and adopted Ordinance No. 5006; and WHEREAS, Ordinance No. 5006 specifies that green building standards for compliance shall be set forth by resolution of the City Council after recommendation from the Director of Planning and Community Enviro~nt and the Architectural Review B~ard. Such st~n?ards f?r compliance shall inc~u~~he t~pes of projects s~bj ect to regulation, green buildIng rating systems to be appheg'to varIOUS types of proJects, minimum thresholds for compliance and timing and methods of verification of compliance with green building regulations; and WHEREAS, on May 12, 2008 the City Council adopted green building standards for compliance for private development projects set forth in two tables that were attached to Resolution No. 8825; and WHEREAS, Ordinance No. 5006 also specifies that not later than one year after its effective date, a report shall be prepared for presentation to the Architectural Review Board, Historic Resources Board, Planning and Transportation Commission, and City Council regarding the results of implementation of the Ordinance. WHEREAS, on August 3, 2009, the City Council received the report regarding the initial year of the Green Building program and considered revisions to the green building standards for compliance associated with Ordinance No. 5006; and WHEREAS, the Director of Planning and Community Environment and the Architectural Review Board do hereby recommend that the City Council approve the proposed revisions to the green building standards for compliance for private development projects set forth in Table A and Table B and attached to this resolution. NOW, THEREFORE, the Council of the City of Palo Alto does hereby RESOLVE as follows: SECTION 1. The Council hereby approves the revised green building standards for compliance for private development projects as set forth in Table A and Table B attached to this resolution. 1 090727 syn 6050919 NOT YET APPROVED SECTION 2. This resolution shall take effect on January 1, 2010, or upon the date that ·the 2008 edition of the California Energy Code becomes effective, whichever is later; provided that the City's Ordinance establishing local energy efficiency standards for certain buildings and improvements covered by the 2008 California Energy Code has been approved by the City Council and the California Energy Commission. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: APPROVED: City Clerk Mayor APPROVED AS TO FORM: City Manager Deputy City Attorney Director of Planning and Community 2 090727 syn 6050919 Attachment B Note: Applicants are advised to use this table only in conjunction with the entirety of requirements in Chapter 18.44 (Green Building Regulations) I TRACK CHANGES ACCEPTED --EFFECTIVE JANUARY 2010 Table A. City of Palo Alto Green Building Standards for Compliance for Private Development Nonresidential Construction and Renovation .' -'... J • -, -• ~ --.... "Fype of Project ; -~,-.~ < ' -_, ' : ~ I Rlltia&System, '-r·~,1. -,'. -; ~ . ~ %, -;. -," ~--V rift ti -. ~ "', c-, ;'. _ •• ..... ' ----0'. -_ . Cod' P -'. -' u o· / .-! ~ .r~.--. ". '?' '0", e caOD ,1 -_ ~ I .. 1 _ f r eor .rocram M ....... mTbnsJaold .. ;'.~ .c-~ _ . -'-~, ~'. ..' ,Il '._::1 0 t,. ..........-; __ " r .... _ ~I _' ... _ -_~-::l'" _ ~ A. New construction ~ 5,000 sf USGBC LEED LEED Silver GBCI or CPA (including additions to existing buildings) The Project Must Choose the LEED Energy Performance Approach. B. New construction ~ 500 sf and < 5,000 sf USGBC LEED Prerequisites + 5 points (round up) required for every 500 sf GBCI or CPA (including additions to existing buildings) The Project Must Choose the LEED Energy Performance Approach. C. Tenant improvements, renovations, or alteratiop.s ~ 5,000 sf USGBC LEED LEED Certified GBCI or CPA of floor area that include replacement or alteration of at least two of the following: HV AC system, building envelope, plumbing systems, lighting systems, and/or interior finishes/partitions. D. Renovations and alterations 2:.500 sf that don't fall under USGBC LEED LEED Checklist CPA Project Types C. Energy STAR Building Energy Performance Rating Portfolio Manager I Sf*iaICoDSjderatiou&Qe6nitio~ -_ -,"<'-,'~.r L,:~~'~~",<I< , _o"-t~:-'" _~ .~~ ~ : --. ~ . '_-::-.~'. 'o-_,: ... ~-~:~~-?:':~".·';'-.~' "-.~\~~ =::C'~~i{"~<·-:~\ M' U D Mixed use projects must comply with the applicable project type requirements based on the scope of the project. To be determined by the Planning Director; generally the provisions of Table A lXed se evelopments will apply to the commercial portion of the development, and the provisions of Table B will apply to the residential portions of the development. H' . S Exemptions may be available for historic structures, pursuant to Section 18.44.070 of the ordinance. The Compliance Official may allow the use of alternative checklists for historic buildings or Istonc tructures for buildings that retain or re-use substantial portions of the existing structure. Multi Year Cumulative Cumulative new construction or renovations over any 2-year period shall be considered as a single project, subject to the highest level of green building requirements for that project, unless Construction exempted by the Planning Director as impractical for compliance. U I P , Projects with an unusual scope of work or with unique circumstances may apply for an exemption to the green building requirements to be determined by the Planning Director, pursuant to Palo nusua rOJects Alto Municipal Code Section 18.44.070. USGBC LEED stands for the U.S. Green Building Council Leadership in Energy and Environmental Design. Projects must comply with the applicable, and current, LEED® rating system , USGBC LEED including but not limited to LEED-NC (New Construction), LEED-CS (Core & Shell), LEED-CI (Commercial Interiors), or LEED-EB (Existing Buildings). An alternative, equivalent rating system or program may be substituted as approved by the Planning Director, after recommendation by the applicant or Architectural Review Board (if ARB review is required). GBCI The Green Building Certification Institute provides 3rd party verification services for the LEED rating system . . CPA The City of Palo Alto staff with expertise in green building will provide in-house review similar in structure and stringency to that of the GBCI. E STAR P rtti r The Energy STAR Portfolio Manager is managed by the US. Environmental Protection Agency, Portfolio Manager is an interactive energy management tool that allows you to track and assess Mnergy 0 010 energy and water consumption of your project. The project will receive an energy performance rating on a scale of 1-100 relative to similar buildings nationwide. The project is not required to anager change its rating, but this tool will help applicants understand a projects rating and how it compares to others. Building Envelope The building envelope is the ensemble of exterior and demising partitions of a building that enclose conditioned space. (Defined by California Energy Code Title 24, Part 6) P , 't Prerequisites are green building strategies required by the LEED rating system before points may be claimed for any project type. They are mandatory measures, not options as determined by rerequisl es LEED. Note: Applicants are advised to use this table only in conjunction with the entirety of requirements in Chapter 18.44 (Green Building Regulations) I TRACK CHANGED - -EFFECTIVE JANUARY 2010 Table A. City of Palo Alto Green Building Standards for Compliance for Private Development Nonresidential Construction and Renovation , Type of Project Ne&.-.sideatial C9IIRAleti9D And Reu8\'atien'" ~New construction_ 2: 2.5,000 sf (including additions to existing buildings) New cORstnlOtiOR2:: 5,999 sfane < 25,9(:)9 sf ~New construction 2: 500 sf and < 5,000 sf (including additions to existing buildings) C. Tenant improvements. rR:enovation~ or alterations> 5,000 sf of floor area that include replacement or alteration of at least two of the following: HV AC system, building envelope, plumbing systems, lighting systems, and/or interior finishes/partitions. oo§; 2:: 59% ofproject sf aRd :::: ~{> Hal11AtiAR~ D. Renovations and alterations> 500 sf that don't fall under Project Types C. Other reRo,.,ati9R:::: $19Q,QQge va-luatioR New e9RstI1:lGtion < 5QQ sfane reRoYation < $lgg,QQQe of val Hat ion CheeWi8t ReqtejFM Rating System, Code or PnJ2ram -;;r BWliI:fIiB¥-llBprevemellt5 Minimum Threshold ~-::I ... USGBC LEEDLEED NC I LEED Silver en RAiRt~) Chesklist T .f.:FO }JG. G.l:!@Gkli~t USGBC LEEDLEED }IC Checklist The Project l\1ust Choose the LEED Energy Perfonnance Approach. LEED Silver (33 poiRts) LEED Pro ratee POiRts Prerequisites + 5 points (round up) required for everY 500 sf -Pro rated formula (Rew cORstructioR sf/5,99Q) x. 33poiRts, bHt Rot less thaR 17 pefflts The Project IVlust Choose the LEED Energv Perfonnance Approach. USGBC LEEDLEED }IC I LEED Certified ("t) RAiRt,,) Checklist USGBCLEED Energy STAR Portfolio Manager LEED CI Checklist No reEfuireFflent LEED Checklist Buildim! Enemv Performance Rating Submit eheeklist; melHae OR bH.ilaiRg plaRs --;- VeriJh:ation LEED/U~GBC GBCI or CPA Threshold yerification b3' LEED AP Threshole veriHcatiOl~ by LEED APGBCI or CPA ThreshoIa veriHcatioR by LEED APGBCI or CPA CPA ~ P' I f "p'ri fi (.'; ::4tl AI~ ---"_.-' ... -:-: -' I '~~ecial Q!Dslde~ations&. Definitions Mill. Use 8F odteF Del'JelepmeBI.GelBRlttFeial aM ~sieeati&baEih!Ffa as .pIi~a"le~ " ~ Miud Use DeveloRments Mixed use Qrojects must comQly with the aQQlicable Qroject tVQe reguirements based on the scoQe of the Qroject. To be determined by the Planning Director; generally the provisions of Table A will apply to the commercial portion of the development, and the provisions of Table B will apply to the residential portions of the development. Historic Structures Exemptions may be available for historic structures, pursuant to Section 18.44.070 of the ordinance, The Compliance Official may allow the use of alternative checklists for historic buildings or for buildings that retain or re-use substantial portions of the existing structure. Multi Year CumuJatiye Cumulative new construction or renovations over any 2-year period Fells',iHg aee13tieH sf these reEjl:lirsmsFlts shall be considered as a single project subject to the highest level of green Construction building reguirements for that Qroject, unless exempted by the Planning Director as impractical for compliance. Unusual Proiects Projects with an unusual scoRe of work or with unigue circumstances mav aRQlv for an exemRtion to the green building reguirements to be determined bY the Planning Director. gursuant to Palo Alto MuniciQal Code Section 18.44.070. USGBe LEED stands for the U.S. Green Building Council LeadershiQ in Energv and Environmental Design. Projects must comQly with the aQQlicable and current bemj3liaFlee 'id'l etHef USGBCLEED LEED® rating svstem ~, including but not limited to LEED-NC (New Construction>. LEED-CS (Core & Shell), LEED-CI (Commercial Interiors), or LEED-EB (Existing Buildingst An alternative eguivalent rating system or program may be substituted far tRs e@sigRatee Fatlflg s~'st@m "'R@FS 9@@m@8 atJ}3Fe}3riat@ as aRProved by the Planning Director, after recommendation by the aRQlicant or Architectural Review Board (if ARB review is required). GBCI The Green Building Certification Institute Rrovides 3rJ Qartv verification services for the LEED rating system. CPA The Citv of Palo Alto statT with ex~ertise in green building will Qrovide in-house review similar in structure and stringencv to that of the GBCI. Energv STAR Portfolio The Energv STAR Portfolio Manager is managed by the U.S. Environmental Protection Agency. Portfolio Manager is all interactive energv management tool that allows YOU to track and assess energy and water consumgtion of your groject. The ~roiect wilI receive an energy Qerfornlal1ce rating on a scale of 1-100 relative to similar buildings nationwide, The Qroject is not required to Manage .. change its rating. but this tool will heiR armlicants understand a Qrojects rating alid how it comRares to others. BnildingEnvelol!e The building envelo~e is the ensemble of exterior and demisinl! Qartitions of a building that enclose conditioned sQace. (Defined by California Energv Code Title 24. Part 6} Prerequisites Prereguisites are green building strategies reguired bv the LEED rating system before Qoints may be claimed for anv Qroject tvQe. They are malldatorv measures not oQtions as determined bv LEED. I To be aajl%SteEi aflfll:iaU;r te ref1eet €flaHges to the City's vall:latien per sl'Jl:iare 'feet of He'>';" eeflstru€tiefl. Page 2 Attachment C Note: Applicants are advised to use this table only in conjunction with the entirety of requirements in Chapter 18.44 (Green Building Regulations) I TRACK CHANGED -EFFECTIVE JANlJARY 2010 ---~ ----- - - ------- ---- - --- -- --------,... ~ -------------- ----.-------- --- --- -. --- ---. - - -.-------- ------ -------- ---------------- -----. ------ ~ Type of Project Raug System, Code or Program"" -." _ MiDimum "(bresbold Required Verifitation • c -.' ~.;; r Multi-Family Residential A. New construction of3 or more (attached) units BIG GPR Multifamily 70 points GreenPoint ::::..30 units complete the LEED-ND Rated and/or (Neighborhood Development) checklist. CPA B. Renovations or alterations covering:::: 50% of the BIG GPR Multifamily 50 points GreenPoint existing unit sf and that include replacement or alteration Rated and/or of at least two of the following: HV AC system, building CPA envelope, plumbing systems, lighting systems, and/or interior fmishes/partitions. C. Renovations, additions, and/or rebuilds to individual BIGGPR Checklist CPA units::::..250 sf and valuation:::: $100,000 in and single HERS II HERS Rating (requirement effective January unit 2011) Single-Family and Two-Family Residential A. New construction of:::: 1,250 sf BIG GPR Single-Family 70 points GreenPoint + 1 point per additional 70 sf over 2,550 (150 Rated and/or points maximum) CPA B. Existing home additions or rebuilds:::: 1,250 sf Chose one of the following two options: 50 points GreenPoint Option 1: BIG GPR Single Family or Existing Rated and/or Home CPA OR Option 2: CA Energy Code T-24 Part 6 and The whole house must demonstrate that the HERS II Rater HERS II TDV Energy of the building is at least 15% and CPA less than the TDV energy of the standard building and receive a HERS II rating. (requirement effective January 2011) C. Existing home renovations, rebuilds and/or additions BIG GPR Existing Home <=hecklist CPA totaling:::: 250 sf and < 1,250 sf and :::: $100,000 AND one of the following two options: valuation Option 1: CA Energy Code T-24 Part 6 The whole house must demonstrate that the CPA TDV Energy of the building is at least 15% less than the TDV energy of the standard building. (requirement effective January 2011) Option 2: HERS II HERS II Rating (requirement effective HERS II Rater January 2011) and CPA -oe- Speeial eouid ·ODS .-~--. ~ Mixed Use Developments Historic Structures Multi Year Cumulative Construction Unusual Projects DefiDitiODS .~ BIGGPR ,CPA HERS II Rating Rebuilds TDV Building Envelope Renovations -:u ~ -Jr:~l Mixed use projects must comply with the applicable project type requirements based on the scope of the project. To be determined by the Planning Director; generally the provisions of Table A will apply to the commercial portion of the development, and the provisions of Table B will apply to the residential portions of the development. Exemptions may be available for historic structures, pursuant to Section 18.44.070 of the ordinance. The Compliance Official may allow the use of alternative checklists for historic buildings or for buildings that retain or re-use substantial portions of the existing structure, and may reduce the minimum threshold (points) required as outlined in Section 18.44.050. Cumulative new construction or renovations over any 2-year period shall be considered as a single project and subject to the highest level of green building requirements for that project, unless exempted by the Planning Director as impractical for compliance. Projects with an unusual scope of work or with unique circumstances may apply for an exemption to the green building requirements to be determined by the Planning Director, pursuant to Palo Alto Municipal Code Section 18.44.070. ~ Lt~' .~Tl",,-, .". ,'~i BIG GPR stands for the Build It Green, Green Point Rated system Projects must comply with the applicable, and current, GPR rating system , including but not limited to Single Family, Multi Family and Existing Home. An alternative, equivalent rating system or program may be substituted as approved by the Planning Director, after recommendation by the applicant or Architectural Review Board (if ARB review is required). The City of Palo Alto staff with expertise in green building will provide in house review similar in structure and at least as stringent to that of Build It Green. HERS stands for the California Home Energy Rating System, a statewide program that the California Energy Commission is statutory required to adopt for residential dwellings in California. Phase I of the HERS Program provides field verification and diagnostic testing to show compliance with Title 24, Part 6, of the Building Energy Efficiency Standards. HERS Phase II expands the program to include whole-house home energy efficiency ratings for existing and newly constructed homes. The project is not required to change its HERS rating, only understand what its rating is, how it compares to others and how improvements can be best prioritized. Rebuild are structures that do not maintain 75% of the existing roof and exterior walls (PA Zoning Code 18.12.l20). Time-Dependent Valuation (TDV) accounts for the value of electricity differences depending on time-of-use (hourly, daily, seasonal), and the value of natural gas differs depending on season. TDV is based on the cost for utilities to provide the energy at different times. The building envelope is the ensemble of exterior and demising partitions of a building that enclose conditioned space. (Defined by California Energy Code Title 24, Part 6) Renovations are any work to an existing building needing a permit as defined by the California Building Code. Note: Applicants are advised to use this table only in conjunction with the entirety of requirements in Chapter 18.44 (Green Building Regulations) I TRACK CHA.I'lGED_-EFFECTIVE JANUARY 2010 Table B. City of Palo Alto Green Building Standards for Compliance for Private Development Residential Construction and Renovation Type cifl'P,rojed~ RIlildiR~ .l1IHH'9¥elReRM Multi-Family Residential A. New construction of3 or more (attached) units;! ~eel&jM ReElyjadRating Pro2ram Syst-em, Code or 1. ~ .. BIG GPR Multifamily }14Hltifamily GreeflPoint Checklist For any mHlti family residefltial project with > 30 or more nevI' units proposed, complete thea LEED-ND (Neighborhood Development) checklist shall also Be completed and sHBmitted with tl:i:e application, fer information. Oi'lly. MiDim~ .. Tbnsbold Required 70 points4- B. Renovations or alterations covering> 50% of the BIG GPRMultifamily 50 points existing unit sf and that include replacement or alteration of at least two of the following: HV AC system. building envelope, plumbing systems. lighting systems. and/or interior finishes/partitions. C. Renovations, A~dditions, and/or rebuilds to individual units ana/or renovations v.-ith pem'lit > 250 sf and valuation 2: $100,000 in and single unit§, Ada' . 1 .. ItlOflS aflEl/or reno" f m' • $1 QQ J)QQ~ a IOns "ita pemut valHation /" Single-Family and Two-Family Residential ~New construction of> 1,250 sf2~55Q sf NevI' COllstrHetion 0 " . f> 1 2§Q sfans < 2,55Q sf B. Existing home additions or rebuilds> 1.250 sf BIG GPR :Multifamily GreenPoint Checklist HERS II No re€)HiremeHt BIG GPR Single-Family GreenPoiRt Cheekti!'it Single family GreenPoint Cheeklist Chose one of the following two options: Checklist SUBmit checklist; inch-lae on BHilding plans HERS Rating (requirement effective Januarv 2011) 70 points + 1 point per additional 70 sf over 2,550 (150 points maximumt 7Q poiHts4 Option 1: BIG GPR Single Familv or Existing Home 50 points Verification GreenPoint Rated verificationan d/ or CPA GreenPoint Rated and/or CPA CPA~ "srifiGfftioR GreenPoint Rated and/or CPAGreenPoint Rated verifieatisl1 GreenPolRt Rated yeritieation GreenPoint Rated and/or CPA OR Option 2: CA Energy Code T-24 Part 6 and The whole house must demonstrate HERS II Rater and HERS n that the TOV Energy of the building CP A is at least 15% less than the TOV enenry of the standard building and receive a HERS II rating. (requirement effective January 20 II ) C. Existing home renovations. rebuilds and/or Home Remodeling Green Building Clleeldist Checklist Sl:1bmit eheeldist; ineltide CP A.s.elf ~dditi?ns totaling> 250 sf and ~ 1 ~250 sf andfef BIG GPR Existing Home on building plans verifioation renOYatloflS > $1 OO+§.,OOO valuatIOn AND f h .c: II . t . ---. . one 0 . t e 10 owmg wo optIOns: Option 1: CA Energv Code T-24 Part 6 The whole house must demonstrate CPA that the TDV Energy of the building is at least 15% less than the mv energy of the standard building. (requirement effective Januarv 2011) Option 2: HERS II HERS 11 Rating (requirement HERS II Rater and effective January 2011) CPA AdditioHS aHdior renovatiofls of <$75,QQQ§. permit valuation No requirement ~ _ ',. _. _-.~ .... ---~ """' --'"-I '''. ~ .. -' ---;;:! r'~··~i, = .. ~~: ........ -........ t:~. ---'~ ~pecial ~oosiderations MB!II \lse OF QtlaeF'9erJel8p .. e~.C6mlBe'6i@I:8R8.MSi8eRfi&l eAiefUlas applisaIJle;J. .., -t, -~ '-' .' ," <' '.,': '. ~~. Mixed Use Developments Mixed use projects must comply with the applicable project type requirements based on the scope of the project. To be detennined by the Planning Director; generally the provisions of Table A will apply to the commercial portion of the development, and the provisions of Table B will apply to the residential portions of the development. Historic Structures Exemptions may be available for historic structures, pursuant to Section 18.44.070 of the ordinance. The Compliance Official may allow the use of alternative checklists for historic buildings or for buildings that retain or re-use substantial portions of the existing structure, and may reduce the minimum threshold (points) required as outlined in Section 18.44.050. Multi Year Cumulative Construction Cumulative new construction or renovations over any 2-year period fslle'Yiflg aElej3tisFl eftJ:lese r8EJ:l:lirSFll8flts shall be considered as a single project and subject to the highest level of green building requirements for that project, unless exempted by the Planning Director as impractical for compliance. Unusual Projects Projects with an unusual scope of work or with unique circumstances may apply for an exemption to the green building requirements to be determined bv the Planning DirectoL pursuant to Palo Alto Municipal Code Section 18.44.070. ~finiti0l!~ ;:,~,..~~ _-. '1" <~ .:~ .... ~~~.'~~1~" ~,-. -, ~r_ :-~ _.. ~.. ~ ~ " _" .' ;, ~ • ~ •• ~.~ ~. _ -," r-. ,-.. -:-P ~-""',.-~~" ~r~,~ BIG GPR BIG GPR stands for the Build It Green, Green Point Rated system Projects must complv with the applicable and current (iPR rating system. including but not limited to Single Familv Multi Familv and Existing Home. An alternative equivalent rating system or program may be substituted as approved bv the Plmming Director. after recommendation bv the applicant or Architectural Review Board (if ARB review is required). CPA The City of Palo Alto staff with expertise in green building will provide in house review similar in structure and at least as stringent to that of Build It Green. HERS II Rating HERS stands for the California Home Energy Rating System. a statewide program that the California Energy Commission is statutory required to adopt for residential dwellings in California. Phase I of the HERS Program provides field verification and diagnostic testing to show compliance with Title 24. Part 6. of the Building Energv EtTiciencv Standards. HERS Phase 11 expands the program to include whole-house home energy efficiency ratines for existing and newly constructed homes. The project is not required to change its HERS rating. onlY understand ~~.Ul~ ra1i!lg is howjL~.9mpares to othe~s and how impr~y.§ments cal}JJe 12~st prioritized. Rebuilds Rebuild are structures that do not maintain 75% of the existing roof and exterior walls (PA Zonine Code 18.12.120). TDV Building Envelope Renovations Renovations are any work to an existing building needing a nennit as detlned bv the California Building Code. Te be aejustea afliulaJly to reflect el3anges te tlle Cit:"s "aluatiel'l rer s€lHare root ofne",. CO'RstructiaFl. Attachment E Responses for Questions from Commissioner Keller Kristin Heinen, Sustain ability / Associate Planner July 29, 2009 1. Please explain whether commissioning will be required for commercial buildings. Please outline staffs understanding the role building commissioning has in obtaining the benefits of the measures in the LEED checklists. Commissioning is required for commercial buildings, as it is a prerequisite in the LEED rating system. However, the Green Building Ordinance under section 18.44.030(w) says "documentation of construction consistent with building plans calculated to achieve energy compliance is sufficient verification in lieu of post construction commissioning". Therefore, for projects the City is verifying, we would consider alternative documentation, but in the end it is still essentially commissioning as defined in 18.44.030 (w). Note that 18.44.030(w) is a definition for 'Threshold Verification by LEED AP" that will no longer be relevant if the tables are adopted, as reference to Threshold Verification is being deleted. So the language in that definition is non- binding and reduced to irrelevance. Commissioning has numerous undeniable benefits which are best explained in the recently released Lawrence Berkeley National Laboratory report "Building Commissioning: A Golden Opportunity for Reducing Energy Costs and Greenhouse Gas Emissions." This report provides the world's largest database of commissioning case studies for new and existing buildings. In sum "Commissioning maximizes the quality and persistence of energy, cost, and emissions reductions. The process ensures that building owners get what they pay for when constructing or retrofitting buildings, provides risk-management and "insurance" for policymakers and program managers enabling their initiatives to actually meet targets, and detects and corrects problems that would eventually surface as far more costly maintenance or safety issues. The results demonstrate that commissioning is arguably the single-most cost- effective strategy for reducing energy, costs, and greenhouse-gas emissions in buildings today." Key findings of the report referenced include: Median commissioning costs: $0.30 and $1.16 per square foot for existing buildings and new construction, respectively (and 0.4% of total construction costs for new buildings) Median whole-building energy savings: 16% and 13% Median payback times: 1.1 and 4.2 years Median benefit-cost ratios: 4.5 and 1.1 Cash-on-cash returns: 91% and 23% Very considerable reductions in greenhouse-gas emissions were achieved, at a negative cost of - $110 and -$25/tonne C02-equivalent. High-tech buildings are particularly cost-effective, and saved large amounts of energy and emissions due to their energy-intensiveness. Projects employing a comprehensive approach to commissioning attained nearly twice the overall median level of savings, and five-times the savings of projects with a constrained approach. Non-energy benefits are extensive and often offset part or all of the commissioning cost. Limited multi-year post-commissioning data indicate that savings often persistent for a period of at least five years. Uniformly applying our median whole-building energy-savings value to the stock of U.S. non- residential buildings yields an energy-savings potential of $30 billion by the year 2030, and annual greenhouse gas emissions reductions of about 340 megatons of C02 each year. An industry equipped to deliver these benefits would have a sales volume of $4 billion per year and support approximately 24,000 jobs. This information was directly provided from staff at LBNL. The report and summary presentation can be downloaded at: http://cx.lbl.gov/2009-assessment.html 2. Please explain differences between having in-house building inspectors do verification of green building measures (e.g., the HV AC system is wired and installed correctly and appears to operate) and having third party verification according to LEED standards (e.g., the HV AC is tuned to provide the intended energy savings). Staff anticipates that in-house verification will be set up in two phases that will be implemented over several years. The first phase implemented in 2010 will offer in-house verification, but not at . the on-site inspection level. If the proposed amendments pass, the City will most likely still highly rely on the work of a green point rater or LEED AP to submit the necessary documentation to the City for a covered project. The City will verify their work in a similar fashion to that of the Green Building Certification Institute (GBCI) or Build It Green (BIG). BIG and GBCI do not perform on-site inspections City staff, unlike BIG or GBCI, does have the convenience of being able to go on-site for some inspection, but does not anticipate this to be the primary form of verification in the first phase. In your example of ensuring that the HV AC system is installed and operating correctly to ensure energy savings, in the first phase this would be the role of the commissioning agent employed by the owner. Staff anticipates the second phase of implementation 2-4 years from now. This phase would include multiple qualified staff inspectors and plan reviewers (i.e. Green Point Raters) that could adequately handle the volume of reviews and on-site inspections necessary to verify all "green" aspects of the project. 3. Please explain the intent of developing an in-house Recognition Program and whether. such recognition would really have the same effect as LEED Certification by GBCI or Build It Green. The intent is not for the in-house recognition program to compete with the LEED or Building It Green recognition programs, or for it to have the same market effect. For the past year the City has been providing in-house verification for commercial projects, and if the proposed amendments pass, may provide it for residential projects. Although these applicants do not pay for review and certification by GBCI or BIG, they still submit the same level of documentation to the City, and the buildings are essentially performing the same. Staff feels that those projects deserve recognition for those efforts. The program will not in any way deem that a project is LEED Certified or Green Point Rated as these are registered trademarks. The City will most likely provide some form of recognition stating successful compliance with the City Green Building Program. Staff may use such language as the project achieved the LEED Certified level through City verification, but not that the building is LEED Certified. Recognition is really a form of differentiation. Since the City requires all of its new buildings and large renovations to be green, recognition and differentiation will be less important in future years, unless a proj ect is really doing something extraordinary. 4. If City building inspectors are to be GreenPoint Raters, should homeowners who use City inspectors be able to get the Build It Green certification as they could through third party GreenPoint Raters? Staff believes Build It Green does allow City building department staff who are Green Point Raters to provide rating services and certify projects through Build It Green., however there is not sufficient time to confirm this. 5. Please explain whether in-house inspection tracking duplicates or complements Build It Green's climate calculator. They are two different things. As described under question #2, in the first phase of implementation, the City in-house review will compliment Build It Green's current system, however the project will not receive recognition by them or necessarily receive use of their climate calculator. Remember, in-house review is merely and option. Projects still have the choice to go through Build It Green instead. If they choose the City, the City has a separate performance indicators form, similar to that of BIG's climate calculator that is used to track key environmental performance indicators. BIG's climate calculator is more robust, but staff feels the City's is adequate for assessing program performance. It is currently being used for non- residential projects that don't have access to BIG's climate calculator. The results of the environmental performance indicators are then converted to emission reductions for the City. BIG's climate calculator is very helpful to the City, and to providing projects a better understanding of their environmental performance. It is required to be submitted for all projects undergoing BIG certification. 6. Please address the comments from Build It Green regarding the requirements for Home Remodels and Retrofits, as well as their other comments. BIG Comment #1 BIG recommends the City only recognize projects that have achieved BIG certification. Staff is interested in a recognition program for reasons explained under question #3. The actual program set up will be open for discussion, however the City is looking at recognizing projects for their achievements at all levels. Staff believes that all measurable efforts toward environmental protection deserve recognition whether they are certified by BIG or GBCI, or not. The City can also serve as a credible third-party. As stated under question #3, the intent of the recognition program will not be to confuse the market place with another label, but to recognize measurable achievements by projects that are verified by the City. BIG Comment #2 BIG recommends higher permit fees for in-house verification. If the amendments pass, City staff will propose increased fees that are cost-based for projects that choose in-house verification for cost recovery purposes. BIG Comment #3 -For rebuilds or additions over 1,250 sqft to an existing home, BIG argues that ,our proposed requirement of 70 points is too high. This is really a question of how stringent the City would like to be. Staff agrees that it is more difficult for an existing home to achieve 70 points than a new home. BIG's minimum level for participation is 50 points, so staff assumed the City would be interested in a higher target as is set for new homes. However, staff supports requiring 50 points instead of 70 for this category to reflect the fact that achieving any point threshold is a new requirement compared to the original ordinance. But staff also believes that moving down to the Elements level is to low of a bar for projects of this size. Regarding BIG's cost concerns -the City must document the cost-effectiveness of any energy- efficiency-related,measures and provide that data to the CEC in order for the CEC to approve the City's Energy-Efficiency ordinance. Thus, energy-efficiency components of the Green Building ordinance will be thoroughly vetted by Staff, an energy efficiency consultant, and the CEC before either the Green Building Ordinance or Energy Efficiency Ordinance becomes effective. Staff intends to present the Energy Efficiency Ordinance to Council in the Fall. If any of the energy- related measures are not cost-effective, they will not be proposed. BIG Comment #4 BIG states that requiring existing homes to achieve an energy performance level equivalent to that of a new home is to stringent. The current requirement does not require the existing home to achieve its energy performance based on new home requirements. The existing home as stated in BIG's comments may choose the performance path for existing homes and achieve the energy savings based on the existing home, rather than for the new home as BIG noted. This should alleviate BIG's concern that the project would not be able to meet Title 24 standards. There may have been miscommunication regarding this during a conversation with BIG yesterday. Regarding BIG's cost concerns refer to above discussion as it applies here, too. BIG Comment #5 -The existing multi-family renovation requirement is not practical given the BIG existing multi-family requirements are not scheduled to be released until the end of2010. Staff supports requiring 50 points instead of 70 for this category to reflect the fact that achieving any point threshold is a new requirement compared to the original ordinance. Staff feels comfortable that a 50 point requirement will serve as a good interim measure while the City anticipates BIG's "Existing Home for Multi Family" requirements to be released. TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: CITY MANAGER'S OFFICE DATE: AUGUST 3, 2009 CMR: 327:09 REPORT TYPE: REPORTS OF OFFICIALS SUBJECT: Adoption of a Resolution Amending the Structure of the Palo Alto/Stanford Citizen Corps Council and Establishing the Citizen Corps CounciJ as a Member of the Palo Alto Emergency Services Council RECOMMENDATION Staff recommends that the City Council adopt the attached Resolution regarding the Palo Alto/Stanford Citizen Corps Council (CCC). BACKGROUND Citizen Corps is a best practice and model advocated by the federal government to integrate volunteers, non-government entities, the private sector, and other groups with local programs related to homeland security and emergency management (HS/EM). The City first formed a Citizen Corps Council in 2004 (CMR: 517:04 and Resolution 8491). The City's Municipal Code places executive authority for emergency services with the City Manager, who is designated as the statutory director of emergency services, and further establishes an Emergency Services Council (ESC). Municipal Code Section 2.12.030(5) specifies that the membership of the ESC may include: "Such representatives of civic, business, labor, veterans, professional or other organizations having an official emergency responsibility, as may be appointed by the director with the advice and consent of the city council." The purpose of this Resolution is to revise the form of the CCC and establish its role in the ESC as an advisory body to the City Manager. CMR: 327:09 Page 1 of7 DISCUSSION The CCC has been generally inactive since 2005. In 2006, then-Mayor Judy Kleinberg formed the Palo Alto/Stanford Red Ribbon Task Force on Disaster Preparedness (RRTF). The RRTF wound down in 2008, concluding that the CCC should be restructured to have a direct, formal relationship to the ESC and the City Manager. With the transition in City Manager staffing, staff opted to wait until this fiscal year to move forward on the CCC re-start. \ When established in 2004, the Citizen Corps Council, through collaboration between its public and private sector members, was designed to support the residents of and those working in Palo Alto and the Stanford University community in preparing for and responding to local disasters. This was to be accomplished through planning, education, training, and field services that target the development and implementation of appropriate emergency management skills, activities, and programs. To further the engagement of civic organizations in emergency planning as contemplated by PAMC Section 2.12.030(5), staff is recommending that the City Manager's Office coordinate the formation of an updated CCC and that the Council approve the CCC's role in the ESC as an advisory body to the City Manager. Membership There are various laws and regulations defining the City's roles and responsibilities, most of which are detailed in the Emergency Operations Plan (EOP). The City's EOP contemplates collaboration with community groups such as the CCC: "It is the policy of the City of Palo Alto to build a resilient community. 'Community' is defined in the broadest, most inclusive sense, encompassing residents, community based organizations (CBOs), non-governmental organizations (NOOs), the private sector, public and private educational institutions, faith-based communities, and other entities. The City will work to build a resilient community by engaging and collaborating with these partners in all phases of disaster management." Accordingly, staff will undertake an outreach program to seek members from a wide range of organizations. The CCC Steering Committee will be selected by the City Manager and shall consist of the following thirteen members: (1) The following six City staff members: • The City Manager and designees (two members) • The Police Chief • The Fire Chief • The Director of the Public Works Department CMR: 327:09 Page 2 of7 • The Director of the Utilities Department (2) The fo llowing seven non-City-staff members from the: • Neighborhood Sector: representative of the Palo Alto Neighborhoods (PAN) or other entity • Business Sector: representative of the Palo Alto Chamber of Commerce or other entity • Stanford University Sector: representative of the University, including all affiliated entities, such as the Stanford Department of Public Safety (Police), the Department of Environmental Health & Safety, SLAC or other entity • Medical Sector: representative of the Stanford University Medical Center, Stanford School of Medicine (including Blood Center), Palo Aho Medical Foundation, Palo Alto Veterans Association (VA Hospital) or other entity • Special Needs (Schools, Youth, Seniors, Animals, Shelters) Sector: representative of the Red Cross, Avenidas, Channing House, Palo Alto Community Child Care, Lytton Gardens, Stevenson House, the Palo Alto Unified School District, or other entity serving supporting special needs populations, schools, shelters, animals or related topics • Volunteer Sector (two members): representatives of City-or Stanford-Sponsored or Affiliated Disaster Volunteer Programs and programs with a formal relationship with the City and/or Stanford University: Community Emergency Response Team (CERT), Volunteers in Police Services (VIPS), Animal Services Volunteers (Police Department), Explorer Scouts & Cadet Programs, Block Preparedness Coordinator Program & Neighborhood Watch, "ARESIRACES, Fire Corps, Medical Reserve Corps (Medical Reserve Task Force) or other entity The CCC steering committee will handle matters of policy and finance, make recommendations to the City Manager on items for consideration by the ESC, and facilitate emergency planning and preparedness activities by the CCC general membership. The City Manager shall approve the general membership of the CCC, which may include, but is not limited to: • First Responders -Fire, Emergency Medical Services (EMS), Police, and HospitaVEMS • City and Stanford staff who administer or have nexus to disaster volunteer programs, public education or other role related to the mission of the CCC • Volunteer, Nonprofit, and Civic Organizations • State & Federal Agencies: CRP, Cal Fire, USGS, Civil Air Patrol, National Guard, and other representatives • Faith-Based Organizations CMR: 327:09 Page 3 of7 • Multi-Jurisdictional Entities: the San Francisquito Creek Joint Powers Authority, Fire Safe councils, the Palo Alto Airport • The Menlo Park Fire District (including the Town of Atherton and the Cities of Men 10 Park and East Palo Alto) & their Citizen Corps Council • Other Neighboring Jurisdictions: government and non-government representatives, including both the County of Santa Clara and the County of San Mateo • Other entities that can materially further the mission of the Palo Alto/Stanford Citizen Corps Council Implementation Plan Upon approval of the resolution, staff will commence the implementation plan to re-start the CCC. Once the steering committee and general members are established, the committee will designate the following work groups in order to manage community preparedness by objectives, which may include: • Neighborhood Sector Work Group: This work group will include representatives of the Palo Alto Neighborhoods (PAN), the Stanford Campus Residential Leaseholders (SCRL), and other residential members. • Business Sector (EH&S, Security) Work Group: This work group will include representatives of the private sector. The Palo Alto Chamber of Commerce "Emergency Work group" is included here. This work group will work with staff to develop and maintain a "recovery plan" to help the private sector minimize operational disruptions during major disasters or criminal events. This work group will include existing groups that handle hazardous materials (HazMat) or otherwise pertain to industrial hygiene such as the Stanford Industrial Park EH&S Forum and expand the network of such professionals. This work group will facilitate Information sharing among various corporate/private security groups as well as with the Palo Alto Police Department, the Stanford Department of Public Safety, and other law enforcement agencies. • Stanford University Sector Work Group: This work group will include representatives of Stanford University. This group does not supplant any existing organizations or reporting structures the University has, but rather seeks to form a liaison between the University and the City for the CCC. • Medical Sector Work Group: This work group will include representatives of the Medical Sector. Hospitals, clinics, and other health care providers will develop plans within their function and also, as practicable, work with other entities to improve the resilience of key facilities and capabilities. For example, the Stanford University Medical Center is working to form a "neighborhood" for their corridor to facilitate resource sharing in a major disaster among hotels, retail, and medical providers. CMR: 327:09 Page 4 of7 • Special Needs (Schools, Youth, Seniors, Animals, Shelters) Work Group: This work group is responsible for topics pertaining to Special Needs Populations, Schools, Youth, Seniors, Animals, and Shelters. Schools, including all public and private schools (K-12, etc.), will also be a focus of this group, coordinating with the existing City-PAUSD Emergency Preparedness Committee (Council Liaison). Animals: The Palo Alto Police Department Animal Services and other groups involved in pets, livestock, and other animals will participate in this group. • Volunteers. Training and Exercise & Public Education Sector Work Group: This work group will coordinate disaster-related vo lunteer programs and may provide support to City, Stanford, businesses, and community groups in designing and conducting drills to evaluate and improve disaster capabilities. This group will also coordinate public education, including classes, fairs, events, marketing, etc. The Police Department's Special Operations Group and the City's Special Events Team, in conjunction with the analogous Stanford University groups, may coordinate with this work group to optimize the utilization of volunteers in parades, sporting events, and so forth. The City Manager and staff members of the steering committee will determine the allocation of City staff and other resources and likewise will oversee the utilization of the CCC to support management objectives. For example, City staff may identify opportunities for the CCC to assist in certain projects. In such cases, in addition to the work groups listed above, the CCC may form additional work groups or other structures to address projects which may include: • Emergency Public Information/Warning Workgroup: The group will develop plans for a Joint Information Center (liC) and other means to coordinate among all entities with Public Information Officers (PIOs), warning/alerting systems (such as CANS), broadcast radio (KZSU) or other such systems. • Technology Workgroup: This group will develop, evaluate, and recommend technology tools and solutions to address the needs of CCC members. One early project will be the development of a test bed for a wireless emergency computer network to be called the Community Disaster Network (CDN). Per the request of staff, this group will also assist the Police Department in the build-out and operational support of the new Mobile Command Vehicle. The group will also work with staff on projects related to Geographic Information Systems (GIS) and upgraded web site capabilities, such as a common special events and training calendar. • Midpeninsula Foothills Emergency Forum Workgroup: This group will implement the MFEF, per the recommendations in the pending 2009 Foothills Management Plan. In accordance with Municipal Code Section 2.12.080, the CCC shall also develop and submit to the ESC a Community Emergency Plan (an annex or subplan to the City EOP) which "shall provide for the effective mobilization of all the resources of this city, both public and private, to meet any condition constituting an emergency". CMR: 327:09 Page 5 of7 RESOURCE IMPACT In 2007, staff reported: "While staff believes that the interdepartmental Steering Committee for emergency preparedness is still the most effective approach to emergency and disaster planning, it has become clear in the past year that resources are stretched to achieve what is required in this area with current staffing.") As fiscal and staffing constraints further tighten, the staff believes that the CCC will help ensure public safety by 1) better engaging community members and resources, 2) fostering a "good neighbor" policy with surrounding jurisdictions through regional problem-solving, and 3) strengthening our position in finding sources of grant funding from government and other organizations. POLICY IMPLICATIONS Approval of this Resolution is consistent with current City policies and regulations regarding homeland security and emergency management. The CCC will allow the City to more fully integrate community members and resources into emergency planning and supports the three Council priorities of Civic Engagement for the Common Good, Environmental Protection, and Economic Health of the City: • Civic Engagement for the Common Good: The CCC will build upon the existing partnership with the Palo Alto Neighborhoods (PAN) association through the Block Preparedness Coordinator Program and expand the range and scope of opportunities for the community to work with the City. • Environmental Protection: The private sector is both a source of risk (hazardous chemicals and materials) as well as potential regional asset (trained corporate response personnel with specialized equipment) in the realm of environmental protection. • Economic Health of the City: Efforts such as Destination Palo Alto (CMR: 146:08) to attract visitors/shoppers to the City require not only the perception of safety but the actual ability to prevent, respond to, and recover from criminal and other events. The CCC will provide a link from the City to various private sector resources, bolstering resilience. ENVIRONMENTAL REVIEW This staff report does not represent a project under the California Environmental Quality Act (CEQA). I CMR: 213:07, p. 4 (April 24, 2007). CMR: 327:09 Page 6 of7 ATTACHMENTS Attachment A: Attachment B: Attachment C: PREPARED BY: Palo Alto Resolution (Draft) (undated) Palo Alto Resolution 8491 (December 13, 2004) CMR 517:04 (December 13, 2004) KELL Y MORARIU DENNIS BURNS Interim Chief Police Department -1l'~Jl/~ d~ rd 1ll · NI~~ Chief Fife Department b ... OFFICER KENNETH DUEKER Coordinator, Homeland Security Palo Alto Police Department Assigned to the City Manager's Office CITY MANAGER APPROVAL: ~Qc CMR: 327:09 JAMES KEENE (I City Manager ~.r Page 7 of7 Attachment A NOT YET APPROVED Resolution No. Resolution of the Council of the City of Palo Alto Amending the Structure of the Palo Alto Citizen Corps Council and Establishing the Citizens Corps COWlcil as a Member of the Palo Alto Emergency Services Committee WHEREAS, the City of Palo Alto fonned the Citizen Corps Council on December 13, 2004 (Resolution No. 8491) in order to help coordinate volunteer activities that make the Palo Alto Community safer, stronger, and better prepared to deal with any emergency situation; and WHEREAS, the City's emergency organization is set forth in Chapter 2.12 of the Palo Alto Municipal Code, whichestabrrshes the City Manager as the Director of Emergency Services and an Emergency Services Council; and WHEREAS, Palo Alto Municipal Code section 2.12.030(5), provides that the Emergency Services Council may include "Such representatives of civic, business, labor, veterans, professional or other organizations having an official emergency responsibility, as may be appointed by the City Manager with the advice and consent of the city council;" and WHEREAS, the City recognizes that leveraging community resources and providing the opportunity for enhanced community involvement in emergency planning can help the City bolster its emergency preparedness and resilience in the event of a disaster; and WHEREAS, amending the structure of the Palo Alto Citizen Corps Council will give the City the ability to expand opportunities for community members and organizations to participate in emergency planning, prevention, preparedness and response and integrate additional community resources in to existing and future City emergency preparedness and response activities; and NOW, THEREFORE, the City Council of the City of Palo Alto does hereby RESOLVE as follows: SECTION 1. Designation ·of the Citizen Corps Council. Resolution No 8491 is hereby rescinded and the structure of the Palo Alto Citizen Corps Council is hereby amended as set forth in this Resolution. SECTION 2. Mission and Responsibilities of Citizen Corps Council. Citizen Corps Council responsibilities include: a. Involving the community in prevention, preparedness, and response activities, and to mobilize the community in a large·scale disaster event; b. Identifying ways in which the community's volunteer resources can help meet the needs of its first responders; c. Coordinating with neighborhoods to design a systematic approach to educate the public and encourage Citizen Corps participation; 090728 mb 826 1 NOT YET APPROVED d. Spearheading efforts to offer citizens new and existing volunteer opportunities, educational infonnation, and training courses to address crime, terrorism, and natural or man made disasters; e. Recognizing all activities that promote prevention, preparedness, and response training as part of Citizen Corps; f. Organizing special projects and community events to promote Citizen Corps activities and recruiting volunteers to participate; g. Fostering a feeling of mutual support by working with Citizen Corps Councils in neighboring communities; and h. Capturing innovative practices and reporting accomplishments to the Santa Clara Operational Area coordinator for Citizen Corps. SECTION 3. Structure and Functioning of the Citizen Corps Council. The Citizen Corps Council (CCC) shall serve as an advisory body to the City Manager, who shall serve as ... -coordinator-and-primary~City-contactfor-the .program.-~_ __ .. __ ._. ____ .. a. Steering Committee. The City Manager shall establish a CCC Steering Committee which shall be responsible for determining matters of policy and [mance, making recommendations to the City manager, and assistmg general CCC membership in facilitating emergency planning and preparedness activities. The Steering Committee may adopt bylaws or other policies to determine meeting times and other operational matters consistent with this Resolution. The Steering Committee shall consist of the following members: (1) City Manager or designee (2 members) (2) Police Chief (3) Fire Chief (4) Public Works Director (5) Utilities Director (6) Neighborhood Sector Representative (7) Business Sector Representative (8) Stanford University Representative (9) Medical Sector Representative (10) Special Needs Sector Representative (11) Volunteer Sector Representatives (2 members) b. CCC General Membership. General membership of the CCC may include representatives of any entity involved in activities relevant to the mission and responsibilities of the CCC, including but not limited to first responders, volunteer, nonprofit or civic organizations, educational organizations, other local entities and state and federal agencies, and other entities that can materially further the mission of the CCC. c. CCC Working Groups. The Steering Committee may designate working groups comprised of CCC members in order to effectively coordinate and further community emergency preparedness activities. d. Coordination Between CCC and City Staff/Programs. Upon request of the Steering Committee and consent of the City Manager, and as time and resources allow, City staff 090707 rnb 8261079 2 NOT YET APPROVED with relevant expertise may assist the CCC. City departments may also request assistance from CCC membership as necessary. SECTION 4. Citizen Corps Council Designated as Member of Emergency Services Council. The. Citizen Corps Council is hereby designated as a member of the Emergency Services Council pursuant to Palo Alto Municipal Code section 2.12.030(5). The Citizen Corps Council shall participate in the Emergency Services Council by serving as an advisory body to the City Manager and making recommendations to the City Manager regarding community emergency and disaster planning, prevention, preparedness and response. SECTION 5. The Council finds that this is not a project under the California Environmental Quality Act and, therefore, no environmental impact assessment is necessary. -__ INTROD..UCEDAND..£ASSE"""D-,-: _ ......... ______ .. ____ ._ .. . AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk Mayor APPROVED AS TO FORM: APPROVED: Senior Deputy City Attorney City Manager 090707 rob 8261079 3 --.-~ .... ~-.. _-_. --.. ... -.. -~~ . ....,.. Attachment B RESOLUTION NO. 8491 RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO DESIGNATING THE EXISTING COMMUNITY DISASTER PREPAREDNESS GROUP AS THE PALO ALTO CITIZEN CORPS COUNCIL WHEREAS, President George W. Bush announced the creation Citizen Corps in the 2002 State of the Union address as a means of mobilizing volunteer efforts among the residents of the United States; and WHEREAS, the goal of the Citizen Corps is to help coordinate volunteer activities that will make our community saferl stronger, and better prepared to deal with any emergency situation; and WHEREAS, the federal government has asked cities and counti~s across the nation to create Citizen Corps Councils of their own design I bringing together first responders, volunteer organizations, law enforcement agencies, and community-serving institutions; and WHEREAS, the Citizen Corps Councils should consist of existing programs such as Neighborhood Watch, Community Emergency Response Teams, Volunteers in Police Service, and the Medical Reserve Corps; and WHEREAS, Citizen Corps Councils will give local leaders the ability to expand opportunities for community members to engage· in volunteer service that will support emergency preparation, prevention and response; and WHEREAS, the City of Palo Alto to wants' to renew its commitment to the needs of the residents and businesses during the times of natural or man-made disaster. NOW, THEREFORE, the Council of the City of Palo Alto does RESOLVE as follows: SECTION 1. Designation of the Citizen Corps Council - the Community Disaster Preparedness Group is' hereby designated the Palo Alto Citizen Corps Council. SECTION 2. The Citizen Corps Council shall be comprised of the following programs: Neighborhood Watch, Palo Alto Neighborhood Disaster Activities (PANDA), Volunteers in Police 041207 cl 0044402 1 Service, and th~ Medical Reserve Corps, in addition to other key community organizations. SECTION 3. Citizen Corps Council responsibilities include: a. Involving the community preparednes's, and response mobi 1 i ze the communi ty in a event; in prevention, activities, and to large-scale disaster b. Identify ways in which the community's volunteer resources can help meet the needs of its first responde.rs; c. Coordinate with neighborhoods to systematic approach to educate the encourage Citizen Corps participation; design public a and d. Spearhead efforts to offer citizens new and existing volunteer opportunities, educational information, and training courses to address crime, terrorism, and natural or man made disasters; e. Recognize all activities that promote prevention, preparedness, and response training as part of Citizen Corps; . f. Organize special projects and community events to promote Citizen Corps activities and recruiting volunteers to participate; g. Foster a feeling of mutual support by working with Citizen Corps Councils in neighboring communities; and h. Capture innovative practices and reporting accomplishments to the Santa Clara Operational Area coordinator for Citizen Corps. Survey the conunun:(ty to assess increased awareness and Citizen Corps participation. SECTION 4 ~ Functioning of' the Citizen Corps Council the'Citizen Corps Council shall meet on a quarterly basis. II II II ? SECTION 5. The Council finds that this is not a project under the California Environmental Quality Act and, therefore, no environmental impa~t assessment is necessary. INTRODUCED AND PASSED: December 13, 2004 AYES: BEECHAM, BURCH, CORDELL, FREEMAN, KISHIMOTO, KLEINBERG, MORTON, MOSSAR / OJAKIAN NOES: ABSENT: ABSTENTIONS: Vlce Mayor ey Attachment C TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DATE: DECEMBER 13, 2004 DEPARTMENT: CITY MANAGER'S OFFICE CMR: 517:04 SUBJECT: ADOPTION OF A PALO ALTO CITIZEN CORPS COUNCIL RECOMMENDATION Staff recommends that Council adopt a resolution designating the existing Community Disaster Preparedness Group as the Palo Alto Citizen Corps Council. BACKGROUND In the 2002 State of the Union message, President George W. Bush announced the creation of the Citizen Corps as a means of mobilizing volunteer efforts among the residents of the United States. The Citizen Corps was designed to incorporate existing programs such as: Neighborhood Watch, Community Emergency Response Teams, Volunteers in Police Service (VIPS), and Medical Reserve Corps. The stated goal is to have all citizens participate in making their communities safer, stronger, and better prepared for preventing and handling threats of terrorism, crime, and disasters of all kinds. The Citizen Corps effort is coordinated at the local level by Citizen Corps Councils, which bring together leaders from various sectors within the community. The purpose is to have key staff at the table to manage resources and effectively coordinate training efforts to enhance community awareness and response to emergencies. Each state governor has appointed a state coordinator for Citizen Corps to facilitate the implantation of the program. The state coordinator also serves as a contact with the Director for Local Coordination from the federal Department of Homeland Security. The Director for Local Coordination oversees the program, however it is important to remember that the key premise of the program is that local elected officials, staff, and members of the community know best what risks their communities face. CMR:517:04 Page 1 of5 A grant program to support Citizen Corps Councils is being managed by FEMA. In order for a community to receive FEMA funds, it must have a registered Citizen Corps Council coordinating the work of its various Citizen Corps components. FEMA will pass all the Citizen Corps funds through the states. In California the funds will go to the Operational Areas, where the Operational Area Council (Emergency Preparedness Council in Santa Clara County) will distribute the funds. Although the funds will be distributed to Operational Areas on a per capita basis, local agreements have to be made on the distribution of the funds to the City level. In order for the City to be eligible to receive its own grant funds, a Citizen Corps Council has to be designated as the grant application endorsement body. DISCUSSION The City currently operates three federal Citizen Corps programs: Neighborhood Watch, Palo Alto Neighborhood Disaster Activities (PANDA), and Volunteers in Policing (VIPS). A fourth program, the Medical Reserve Corps, is operated by the Pacific School of Psychiatry, Stanford University, and the Veterans Hospital. Neighborhood Watch Palo Alto's Neighborhood Watch (NHW) program began in 1981 and serves as a conduit between the community and the police. The police department reaches many of the NHW groups by way of neighborhood associations. Each association may have several members that play an important role as a liaison between their neighborhood and the police. The objective has continued to be to promote safety and security in neighborhoods. The basic crime prevention goals are to protect self, be aware of your surroundings and any suspicious people or activities, to be prepared and to know how to respond to home emergencies. NHW members continue to participate in a variety of related programs and become leaders in the Palo Alto community. The Citizens Police Academy (CPA) is one of the most valuable programs that emerged as a result of residents and NHW members wanting to understand and work with the police. The Citizens Police Academy provides the opportunity for Palo Alto community members to learn more about the roles and responsibilities of local law enforcement. Both the NHW and the CPA groups continue to increase in numbers. As a rule, the NHW members and Citizen Police Academy graduates become supporters for the Palo Alto Police Department. PANDA Through the federally designed 20+ hour training program, PANDA members are equipped with the skills to begin providing leadership and hands-on response at the neighborhood level in the first 72 hours after a disaster, when professional first responders maybe overtaxed. These skills include fire suppression, disaster medicine, light search and rescue, damage assessment, and disaster psychology. With their distinctive green vests, hard hats, and equipped command posts, they provide a crucial link between first responders and neighborhoods. The PANDA program began in September 1999. There are now almost 400 members. Courses are offered eight times throughout the year, training 80 to 100 new team members annually. Additionally, monthly refresher or advanced classes are offered. Approximately 30 to 50 members attend each monthly refresher/advanced class. CMR:517:04 Page 2 of5 Staff from the Manager's Office, Fblice and Fire Departments are working collaboratively to identify potential improvements to the Neighborhood Watch and the PANDA programs. The creation of a Citizen Corps will be incorporated into this review, to help reduce any duplication of efforts, which should result in stronger programs and increased public participation. VIPS The Palo Alto Police Department's volunteer program was established more than 20 years ago with the goal of involving the public in crime prevention activities. Today, volunteers provide valuable support to police officers and staff, thereby enhancing the quality and range of service the department provides to citizens. The 22 volunteers currently on staff help maintain patrol cars and equipment, assist the Alarm Permit Program, license bicycles, assist detectives, give station tours, assist with data entry and filing, participate in community events, provide clerical assistance, and assist with the Citizens' Police Academy. Police department staff continuously looks for ways to bring citizens into the department to provide support and assistance. Last year, volunteers provided more than 2,000 hours; nine volunteers received the President's Volunteer Service Award for donating more than 100 hours in a ] 2-month period. The Animal Services Division of the department operates a separate volunteer program. The Palo Alto Police Department registered its volunteer program with the Volunteers in Police Service Program (VIPS) in 2003. Volunteers in Police Service provides support to state, county, and local law enforcement in establishing and maintaining volunteer programs. Medical Reserve Corps Following the events of 9-11, the National Center on the Psychology of Terrorism (NCPT) identified a need for a Medical Reserve Corp focused on treating the psychological emergencies resulting from natural disasters and traumatic events caused by individuals or terrorist groups. The NCPT applied for and received a grant through the United States Department of Health and Human Services to begin work on creating a network of volunteers within the Palo Alto community that is trained and certified in providing up-to-date emergency mental health services. The Palo Alto Medical Reserve Corps (MRC) is unique in the nation for its emphasis on the provision of mental health services. The Palo Alto MRC provides training to licensed mental health professional already serving as emergency mental health responders through establishing response organizations. Treatment, services and additional training opportunities will be offered to the community, first responders, and local leaders. Because of its unique positioning, this program may eventually help to set national standards, which are both empirically based and real-world tested, for psychological service provision during and after maj or disasters. The Palo Alto MRC is a cooperative endeavor that involves many members and organizations within the community. The City of Palo Alto, Veteran's Affairs Palo Alto Health Care System and many others have expressed roth their interest and commitment to this program. Doctoral students from the Pacific Graduate School of Psychology also work collaboratively on this project with the NCDPT Directors and the community. CMR:517:04 Page 3 of5 Citizen Corps Council The City organized the Community Disaster Preparedness Group in 2003. This group is comprised of 37 participants from 22 different organizations. It meets on a quarterly basis, and fulfills all necessary requirements to be the Citizen Corps Council for Palo Alto. Upon City Council approval of the Citizen Corps Council, staff will register Palo Alto with the federal government, enabling Palo Alto to develop grant proposals through the Citizen Corps program. In addition to being eligible for grant funding, the Citizen Corps Council will: • Match the needs of first responders with the skills and abilities of volunteers to make their families, their homes and their communities safer from the threats of terrorism, crime and disasters. • Educate the public on safety, help citizens take an active role in protecting themselves from harm, and teach citizens what to do in the event of a crisis. • Spearhead efforts to offer citizens new and existing volunteer opportunities, educational information, and training courses to address crime, terrorism, and natural disaster risks. • Promote all Citizen Corps programs and activities across the community. • Capture innovative practices and report accomplishments that can be replicated in other communities nationwide. • Survey the community to assess increased awareness and Citizen Corps participation. RESOURCE IMPACT The adoption of a Citizen Corps will not add any additional impacts to current City operations. POLICY IMPLICATIONS This report does not represent any change to existing City policies. ENVIRONMENTAL REVIEW This staff report does not represent a project under the California Environmental Quality Act (CEQA). ATTACHMENTS 1. Resolution Supporting the Adoption of a Palo Alto Citizen Corps Council PREPARED BY: Chris Mogensen, Assistant to the City Manager Barbara Cimino, Disaster Coordinator Susie Jones, Community Services Officer CMR:517:04 Page 4 of5 CITY MANAGER APPROVAL: Emily Harrison, Assistant City Manager CMR:517:04 Page 5 of5 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: CITY MANAGER DATE: AUGUST 3, 2009 CMR: 349:09 REPORT TYPE: REPORTS OF OFFICIALS SUBJECT: Acceptance of City Manager's Responses to Independent Police Auditor's Systemic Recommendations Regarding the Children's Theatre Criminal Investigation RECOMMENDATION Staff requests that Council review, provide comments, and accept the City Manager's responses to the systemic recommendations presented by the Independent Police Auditor in his report regarding the Children's Theatre criminal investigation. DISCUSSION On June 1, 2009, the City Council received a report from Michael Gennaco, the City's Independent Police Auditor, regarding his review of the Children's Theatre criminal investigation (Attachment A). The City Council took various actions related to the report at the June 1 and June 8 meetings, including issuing a formal apology to the employees of the Children's Theatre. At the meetings, the City Manager indicated that he would return to the Council with responses to the systemic issues identified atthe end of Mr. Gennaco's report. This report provides the City Manager's response to these systemic issues. On a general note, the City Manager will be working with the City Attorney, the City Auditor, and Human Resources staff to develop a more formalized and unified approach towards future personnel investigations involving City staff. Although each investigation has different circumstances, there is a strong need for coordination among the key City departments responsible for addressing and investigating these issues. The ability to have early and frequent conversations regarding the approach towards personnel' investigations will greatly assist the City team in resolving these matters in a fair and timely manner. Recommendation 1: Allegations of financial crimes are often fraught with complexity. Accordingly, it is recommended that in future cases, the Police Department should consult early with the District Attorney regarding the structure, form, and strategies of the criminal investigation. CMR: 349:09 Page lof4 Staff Response: Staff agrees with the recommendation of the auditor and will consult with the District Attorney's Office at the outset of potential criminal investigations involving complex financial matters, particularly those involving City employees or City funds. In cases involving City employees or funds, the Police Chief would consult with the City Manager and City Attorney as appropriate. Recommendation 2: In consultation with the District Attorney, the Department should determine whether an independent financial audit should be requested before a financial crimes investigation is begun in earnest. Staff Response: In the Children's Theatre criminal investigation, the Police Department did hire a former Internal Revenue Service (IRS) agent at the recommendation of the District Attorney to assist with the investigation. In the future if a similar situation arises, the Police Department will consult with the City Manager and the City Auditor to determine whether the situation warrants an independent financial audit before a financial crimes investigation is initiated. Staff recognizes that, in such situations, additional complex background research and work may need to occur before a criminal investigation is warranted. Recommendation 3: In similar cases, the Police Department should consider the advantages of referring the investigation to an outside agency. Staff Response: In the future, the Police Department will seek to determine whether another agency could perform the investigation. This decision would be made on a case by case basis in consultation with the City Manager,City Attorney, and the Human Resources Director. A potential conflict of interest could exist if the Police Department investigates the wrongdoing of City employees in the course and scope of their duties. It is the City Manager's expectation that, in complex and high profile cases, staff would be more likely to refer these types of investigations to outside agencies. Recommendation 4: Investigators assigned to lead financial crimes investigations should have training and experience in the conduct of financial crimes investigations. Staff Response: Staff agrees with this recommendation and will work to ensure the appropriate assignment of Police personnel if and when future investigations arise. Police Department command staff will also be preparing a training schedule and proposed curriculum for review with the City Manager. Recommendation 5: Ongoing criminal investigations should not be tried in a public forum and the Department should refrain from substantive public comment during a pending criminal investigation. Staff Response: Staff agrees with this recommendation. During criminal investigations, Police Department staff will work with the City Manager to determine if and when public communications are necessary. CMR:349:09 Page 2 of4 Recommendation 6: In cases in which no charges have been filed, the City should consider the advisability and appropriateness of releasing related police reports, taking into account any legal requirements that may mandate release. Staff Response: Typically, police reports are not released in these types of investigations. However, based on previous public records litigation brought against the City as well as subsequent case law involving similar issues in other jurisdictions, there has been a precedent set to release investigation reports involving management employees accused of financial misconduct. If a future similar situation arises, Police staff will assess the appropriateness of releasing police reports after consultation with the City Manager and City Attorney. In. those situations where this may be legally required, the City will make every effort to provide the appropriate context for the release of the report and the investigation more generally. Recommendation 7: Police reports should not include conjecture and investigative theories; the Department should ensure that its detectives receive appropriate training about .compiling appropriate police reports consistent with the Department's current Report Writing Manual. Recommendation 8: Training should also be provided to Departmental staff on the need to search for and document both evidence showing guilt as well as evidence indicative of innocence consistent with the Department's Report Writing Manual. Staff Response to Recommendations 7 & 8: Staff agrees with both recommendations. Conjecture in police reports can demonstrate bias in a report and should be avoided except in special cases where a report calls for the opinion of an officer based on that officer's specific expertise in a given area. Police Department staff receive periodic training on report writing through continuous professional development training seminars that each officer attends annually. An update to the Department's Report Writing Manual is not warranted at this time. However, the review of report writing mostly goes back to appropriate and effective supervisory oversight and work with the Investigations team. The Department will be working to enhance current investigation oversight practices. Additionally, Police Department command staff will work to instill in staff members the practice and ability to pause at various points during the investigation to seek advice from other department members on the approach and efficacy of the investigation to that point. During high profile and sensitive cases, a team approach should be utilized so that the investigation does not become the sole responsibility of one individual. This . team approach will encourage dialogue between department members and will likely result in a more coordinated and well-developed investigation. Response to Request from Friends of the Children's Theatre for Legal Fees Reimbursement While this request technically does not fall within the scope of the necessary staff response to the auditor's recommendations, staff wanted to provide additional information given the public attention to this matter; The City Manager and City Attorney believe that the best way to address this request would be to return to Council in closed session to discuss the matter further. The closed session would likely be scheduled for late September. RESOURCE IMPACT CMR: 349:09 Page 3 of4 There is no resource impact associated with the recommendations in this report. POLICY IMPLICATIONS This report is consistent with prior Council direction on this issue. ENVIRONMENTAL REVIEW The actions in this report do not constitute a project under the California Environmental Quality Act (CEQA) guidelines; therefore, no environmental assessment is required. ATTACHMENTS Attachment A: Independent Police Auditor's Review ofthe PAPD Children's Theatre Criminal Investigation PREPARED BY: CITY MANAGER APPROVAL: CMR: 349:09 DENNIS BURNS Interim Police Chief ~ KELLY MORARIU Assistant to the City Manager Page 4 of4 Attachment A INDEPENDENT POLICE AUDITOR'S REVIEW OF THE PAPD CHILDREN'S THEATRE CRIMINAL INVESTIGA TION May, 2009 Prepared by Michael Gennaco OIRGroup 323-890-5425 www.laoir.com INTRODUCTION On June 18, 2007 the Children's Theatre ('ICT") in Palo Alto was burglarized. Officers from the Palo Alto Police Department responded and began a criminal investigation into the burglary. As with any other burglary investigation, the employees of the Theater were asked to identify missing items. Several days later, P APD was informed that pursuant to an investigation being conducted by another law enforcement agency, traveler's checks made out to employees of the Children's Theatre had been recovered. Eventually, additional traveler's checks were located and presented to PAPD from another source. The traveler's checks that were located had not been reported by the CT employees as missing from the burglary. As a result, suspicions were raised about actions of certain of the CT employees. As a result, the tenor ofthe Police Department's investigation transformed from a routine burglary investigation to suspicions of fraud and embezzlement on behalf of certain CT employees. A detective was aSSigned full time to the investigation to attempt to determine whether financial crimes had been committed by any of the suspected CT employees. As a result of the PAPD investigator's initial investigation, search warrants were eventually applied for and o1:ltained for CT offices, residences of certain CT employees, and storage lockers maintained by the CT. In addition, judicial authority was also obtained to search lockers maintained by the Friends of the Theatre, a non-profit group formed to support the CT. After the search Warrants were obtained and as the sear~h warrants for the CT were being executed, the targeted CT empioyees were visited at work and asked to travel to the police station for interviews. In the meantime, PAPD personnel were assigned to search the remaining targeted locations. In order to effectuate the search of the CT, the theatre was closed. At that time, the investigation drew significant attention from the citizens of Palo Alto and local media. As the investigation proceeded, questions and concerns were raised by the community about the nature of the investigation. The investigation eventually concluded with a public announcement that no criminal charges would be filed against the targeted CT employees. At the same time, a redacted version of the lengthy investigative report was voluntarily released by PAPD. Rather than resolve issues, the clOSing of the criminal case and the release of the report only served to heighten concern about the criminal investigation itself. As a result, your Council requested that the Independent Police Auditor conduct a review of the investigation to assess the decisions made by PAPD officials as the investigation progressed and offer any recommendations for reforms to address issues arising out of that assessment. Please consider this report as the IPA response to that request. 1 DISCUSSION I. IPA's Assessment Protocol It was not the intent of IPA to ttre investigate" the investigation in any formal sense. However, in order to ascertain the thoughts, theories, and steps of the investigation, it became important to talk with those involved or connected with the investigation. In the same way, targets of the investigation and actual and potential witnesses to the investigation had important perspectives to provide on these salient issues. Finally, it was critical to review the investigative report and related materials in order to address issues that arose after the investigation became overt. During this analysis, the IPA was able to gain the cooperation of each of these important sources of information save one. Unfortunately, the former and now retired Detective Supervisor assigned to lead the criminal investigation for PAPD declined to speak with the IPA regarding his mindset and investigative decision making. While that individual's participation in this process would certainly have provided another important perspective, the cooperation from PAPD and City officials as well as those directly and indirectly impacted by the criminal investigation provided the IPA inquiry a wealth of information and perspectives from which to asses~ the matter. II. Answers to Questions Presented The following questions were presented to the IPA for consideration: Question 1: Based on the information initially presented, was it appropriate to initially proceed with a criminal investigation? Answer 1: Perhaps, but for the reasons delineated below, better alternatives existed that could have eventually obviated the need for a criminal investigation. Moreover, as detailed below, the Department may not have been appropriately equipped to conduct a criminal investigation of the sort envisioned. Question 2: Did the conduct of the criminal investigation follow accepted practices? Answer 2: The conduct of the criminal investigation was lacking in several dimensions as detailed below. Question 3: Were internal and public communications accurate and consistent with the evidence obtained and accepted practices? Answer 3: The decision about what information to release and when to release it deserves to be revisited for future occurrences. 2 The review also requested recommendations for reforms which are included at the end of this document. To further flesh out the answers to the questions presented above, it is important to discuss relevant aspects of investigative decision making as the matter progressed. III. The Decision by PAPD to Pursue an Embezzlement Investigation Certainly, PAPD's initial response to the burglary of the CT was appropriate and professional. Moreover, when additional information was received about the recovered traveler's checks, additional inquiry was appropriate about whether irregularities were , being undertaken by employees of the CT. While the failure to report the missing traveler's checks to the responding burglary investigators could have been a simple failure to remember to report them, a more sinister interpretation could have been, and clearly was formulated by PAPD personnel. This interpretation was buttressed by the admittedly "strange accounting" practices for expense reimbursement in place for CT employees. As a result of these suspicions, the focus of the criminal investigation shifted from one of commercial burglary to one of financial embezzlement. When the investigative focus ' shifted, a detective supervisor took over responsibility of the investigation. At that time, some efforts were made to develop a "paper trail" through requests for documents from City officials and financial institutions. However, most ofthe resource dedication at this juncture oft-he investigation consisted of interviews with various city officials and other individuals familiar with City procedures and the financial workings of the CT. The point at which suspicion began to shift from that of a commercial burglary to a potential embezzlement investigation was a pivotal moment in the case. At that point, the Department was faced with various options besides the path taken, namely, the decision to move ahead on its own with a criminal embezzlement investigation: • The Department could have recommended that an independent audit be conducted of the CT's "strange accounting" practices, reimbursement requests, contracts, dealings with the Friends, and other assorted monetary dealings. • The Department could have considered referring the matter to an outside agency. • The Department could have requested an early consult with the District Attorney's Office. In retrospect, either of these options, or a combination thereof. may have been the road better taken. If the Department had worked with City leaders to request an independent audit, a disciplined professional group could have been tasked to identify irregularities. A methodical paper trail could have been developed by persons trained, experienced, and equipped to "follow the money" and then assess how the CT accounted for 3 its expenses, requests for resources and reimbursements, as well as any evidence of undue financial gain. Once such an audit was completed, the information elicited from that assessment could then have been used to revisit whether a criminal investigation was warranted, and if so, what the scope of that investiga~ion should be. Alternatively, the audit's results could have indicated that a criminal investigation was not appropriate but that CT financial practices were in need of clear reform and/or that the audit results . suggested potential violations of City policy indicating an internal administrative investigation was necessary. The only real potential disadvantage of conducting an audit of this sort was that it could "tip off' those involved in potential criminal wrongdoing. While there is certainly a likelihood that those gUilty of criminal activity might be placed on guard with any overt financial review, it is much more difficult to cover the tracks of financial crimes cases than other crimes. The paper trail is difficult to erase, particularly in these days of computer databases and electronic storage and any real effort to destroy evidence often places the perpetrator in peril of being caught not for the crime itself but for the criminal "cover up". In addition, if there is any concern about records being destroyed during an audit, protective mechanisms can be devised to lessen the likelihood of such occurring. Finally, those suspected of criminal activity can be interviewed before the audit is begun, "locking them in" to statements before they are aware of the suspicions against them. The hand offto an outside agency also has inherent advantages over continued local control. First, an outside agency may have more expertise and resources at its behest. It is undisputed thatthe resources eventually dedicated by PAPD to this investigation placed a significant strain on the Department's other law enforcement responsibilities. Second, an outside agency will not be potentially subject to attacks from the community ef partiality, i.e., that the "iconic" status of the CT and its managers caused PAPD to either pursue that icon with too much or too little zeal. An outside agency is better insulated from both ongoing and subsequent criticism that the local law enforcement agency may suffer, i.e., that a local law enforcement agency cannot be impartial in determining the appropriate degree of investigative energy to be deployed because of its closeness to the situation and the persons and organizations targeted for investigation. In fact, when PAPD determined to continue on with the case, it clearly did recognize from the outset that it was investigating an organization and individuals which were seen by many as pillars of the community. That recognition raised concern from PAPD managers that a tepid investigation might be viewed as an unwillingness to investigate robustly those entities and may have resulted in conscious or subconscious overcompensation regarding the vigor with which the investigation was conducted. In any event, outside agencies are certainly more immune from charges of partiality, either in favor or against the subjects of potential criminal activity. 4 For financial crimes cases, early and frequent discussion with the prosecuting agency is a desirable and important feature. White collar crimes are usually complex and unique and discussion with the prosecutorial entity regarding the necessary evidence and potential defenses is a discussion that should be had early on in the life of an investigation. In this case, PAPD eventually did bring the District Attorney's Office into a substantive discussion but by then much investigative work had already been conducted.1 As a result, the ability for the District Attorney to meaningfully counsel PAPD regarding the strength of the evidence, the potential existence of significant defenses, and appropriate investigative strategies was significantly diminished. In sum, while PAPD cannot be faulted for its decision to proceed with a criminal investigation based on the information initially available, it is mindful for future cases to be aware that other options exist. That behlg said, the decision for PAPD to move forward with a criminal investigation was not in and of itself inappropriate. It is quite likely that the decision not to proceed with a criminal investigation would also have subjected the Department to criticism, as it has regarding recent alleged acts of City employees in another department that were not investigated criminally. Nonetheless, and as explained further below, the execution of the criminal investigation was problematic in several regards. IV. The Assignment of the Investigation to a Detective with No Apparent Formal FInanctal Crimes Training By opting not to avail itself of these alternative paths, the Department was left to its own devices, resources, and abilities to pursue the investigation. In this case, a veteran police detective supervisor assigned himself to the case, with his supervisors' approval, and was largely responsible for the shape and path of the investigation. Unfortunately, while this individual had a wealth of experience and detective work in other criminal arenas, his experience in working financial crimes case was not nearly as robust. Even more importantly, this individual who quarterbacked the investigation may not have received any formal financial crimes training in his years as a police officer. For financial crimes in particular, training In how to conduct such investigations is critical. The assignment of an officer to investigate this complex financial case with no significant formal training in the 1 While there was at least one telephone conversation about the matter with other District Attorney representatives earlier on in the investigation, the understanding from this review was that the first substantive meet to consider the state of the evidence with a representative of the District Attorney's Governmental Integrity Unit occurred in November of 2007, after the Investigation had been well underway. It should also be noted that the investigative report reflects a telephone conversation between the lead PAPD investigator and a representative in the District Attorney's Office. While the report reflects support from the DA representative for a criminal investigation It also recommends conducting an aUdit, a recommendation apparently not carried forward by the Investigator. 5 area was an unfortunate decision that likely worked to the disadvantage of the resulting investigation. V. The Import of Interviews of City Employee Witnesses As the criminal investigation progressed. numerous City employees were interviewed in an effort to divine City policies regardIng reimbursement procedures, approval requirements for contracts, how excess property was to be handled, and the like. While there is no evidence of dissembling by those witnesses, the focus on ((appropriate" procedures did not sufficiently consider what procedures and processes had been ('de facto" tolerated over years and years of operation. In other words, the investigation failed to sufficiently pursue and assess how City officials had been aware of, allowed, and endorsed procedures that may have been against the letter of City policy but were both implicitly and explicitly authorized for years. For example, one focus of the criminal investigation was the allowance by CT managers of the Friends to sell costumes that had been created with City funds. The criminal investigators interviewed City officials and learned that in order to conduct such a transaction, the CT managers would have needed to obtain authorization for the transaction at the highest levels of City governance. However, the investigation also learned that the decision to begin a costume sale did not originate from the current CT managers and targets of the criminal investigation. Most importantly, the investigation also learned that the costume sales had been occurring openly and with at least implicit authorization for years, a fact fatal to any successful criminal prosecution. The failure to recognize the import of this information was a Significant shortcoming of the investigation. This recognition fail~re also appears in the investigative report prepared in thIs matter. For example, the report discusses an incident in which a City employee allegedly discovered a "misappropriation" by the CT· Director at which time he informed the Director to cease the activity but she did not do so. The witness further indicated that he then requested an audit be conducted of CT operath;ms but that because of a friendship with the Director, the audit did not occur. The report however, fails to recognize the import of this exchange. If "misappropriation" is in fact going on and the City indeed became aware yet took no action to learn more about the actions, an embezzlement criminal action cannot survive years later. Later in the report, a witness is reputed to have told the investigator that the CT Director admitted that she was aware of policy but failed to follow it. The witness further indicated, according to the report, the Director fai~ed to follow the policy, her supervisor failed to follow the policy, and the staff of the witness failed to follow the policy. Again, the import of this statement is apparently not recognized by the investigator. The unchecked policy violations that immediate supervisors and other City staff became aware of and 6 chose to do nothing about provide a strong defense to the CT Director with regard to potential criminal charges. From a review of the evidence, it appears that with regard to every other allegation of criminality, the City's awareness, authorization, and/or tolerance of the actions of CT managers was devastating to any viable criminal prosecution of the acts being investigated. In other words, the City's awareness, toleration, and endorsement of the various financial undertakings by CT authorities provided a complete defense to the criminal charges being considered. The failure of the investigation to fully understand the import ofthis potential defense and learn the depth of any such authorization over the years is a fatal flaw. VI. The Search of the Children's Theater, Personal Residences, and Interview of CT Officials After the interviews of the City officials and other witnesses had been undertaken and some financial documents had been collected, the investigation proceeded to another phase. At this pOint, affidavits were prepared by the investigatiVe team requesting judicial authority to search the CT office, residences of CT officials, lockers of the CT and CT officials, and lockers maintained by the Friends. While the application for the search warrants was approved by the judge, there is some question about the appropriateness of the affidavits. The affidavits only contain evidence indicative of guilt and do not iterate the potential defenses of prior authorization exemplified in the proceeding section. In addition, it was learned during this review that rather than seek counsel and authorization from the Deputy District Attorney of the Government Integrity Unit who had been previously consulted, the affidavits were apparently presented for review to a Deputy District Attorney unfamiliar with the investigation. As a result, the sifting mechanis.m role often assumed by the District Attorney's Office was compromised as a result of the initial consulting Deputy District Attorney not having the opportunity to review the search warrant applications. Once the search authorization was obtained, a plan was devised that while the search of the numerous locations was underway, the subjects of the criminal investigation would be interviewed. It has been suggested that in order to ensure that the CT employees would be found at work, recommendations from persons outside the Police Department that the search of the CT be conducted while the theatre programs were on hiatus were not accepted. In any event, while there were apparent attempts to conduct the search at the CT in a way to shield children partiCipants from the law enforcement activity, the success of these efforts is still open to considerable debate. As the search and interview operation progressed, it became apparent that the plan to interview all CT subject employees and all of the search locations was impracticable. As a result, padlocks were placed on several of the search sites and they were searched several 7 1 , days later. More problematic, while the lead subject did agree to be interviewed and was interviewed for several hours, two other subjects of the investigation were not interviewed. The fallure of the Department to interview these two individuals on the date of the search resulted in them never being interviewed as part of the criminal investigation. Accordingly, the inability of the Department to take advantage of their availability on the date of the search resulted in critical information, namely the account of two of the subjects of the criminal investigation not being available to that investigation. VII. The Processjng of Evidence Obtained During the Search The search of the CT office, the storage spaces, and residences of the subjects of the investigation resulted in a raft of documents and other materials. The sheer number of materials seized overwhelmed the resources available for the investigation. As a result, a significant portion of the materials collected were not analyzed by investigators and the depth of the import of some documents was not realized. The investigative report itself admits that not all of the seized documents were analyzed during the criminal investigation. Subsequent to the closure of the criminal investigation, other Interested parties have actually identified documents seized by the investigators that contain significantly eXCUlpatory information. Costume Sales The following documents were retrievable pertaining to the costume sales issue: • A 2002 memorandum to the City Manager from the CT Director requesting authorization to donate costumes to the Friends. The approval signature lines include representatives of Finance, the Director of Community Services, the Director of Arts and Culture, and the Assistant City Manager. Both the Director of Arts and Culture and Assistant City Manager's signatures are identifiable. • A 2004 memorandum to the same effect with similar approval signatures. [Apparently, no costume sale was held in 2003.] • An email message in 2006 from the City Community Services Director to Department Heads setting olit new disposal procedures for department surplus property. • An email message in 2006 from the CT Costume Supervisor to the CT Director requesting direction on whether she needed to fill out a surplus property form for approval before discarding damaged costumes and the new procedures' on how to provide costumes to the Friends for sale. The CT Director than forwards these questions on to an Administrative Services employee. 8 • A return email in 2006 from the Administrative Services Deputy Director to the Children's Theater Director indicating that the request had been passed on the City Attorney and City Auditor for feedback given newly instituted policies and procedures. The email indicates that if there are any issues that need vetting, he would do so. • An email message in 2006 from the CT Costume Supervisor to staff detailing a list of discards for either the Friends costume sale, the EPA job reentry program, or to be thrown away. • Several follow up emails in 2006 from the CT Costume Supervisor updating CT staff on additional information regarding costumes to be donated or discarded. • An email from the Administrative Services Manager to the CT Director indicating that current practice is "consistent with the new policy and procedures". • A flyer announcing the·2006 costume sale by the Friends of the Theatre to be held in the Ballroom at the Lucie Stern Community Center. The above documents indicate that the CT Costume Supervisor was made aware of the new policies for handling surplus property instituted in 2006 and asked her supervisor whether current practices o(donating to the Friends [which had been authorized in 2002], the EPA job reentry program, or throwing damaged costumes away was still acceptable. The CT director forwarded on to the Administrative Services Deputy Director the questions raised by the CT Costume Supervisor and received a response indicating that he would forward the question to the City Attorney and City Auditor and that if the current procedures needed to be revised, he would let CT staff know. In the meantime, the CT Costume Supervisor dutifully kept track of costumes to be allocated waiting for an answer from the City. The group of documents finishes with a flyer announcing the fall 2006 sale of costumes by the Friends. This trail of documents demonstrates the existence of an overt practice before 2006 of allowing costume sales to be donated to the Friends. When discard practices were due to be changed in 2006, CT Staff dutifully asked the City whether their practices also needed to be changed. After hearing from the Administrative Services Director that the current policies were consistent with the new policy/later that year the costume sale was held. Surely, the City was placed on notice about the costume sales in 2006 and could have caused the CT to change their practices at that time had it desired. The evidence also shows intent on behalf of CT to comply with any new practices and a search for direction froin City supervisors on how to proceed. The existence of this group of documents is most likely fatal to any potential prosecution for the sale of costumes by CT staff in that it demonstrates both City authorization and awareness of the costume sale procedures and 9 the intent by CT staff to follow any new procedures regarding surplus sales instituted 'by the City. Agreements for Special Performances The following documents were retrievable pertaining to the agreements for special performances: • A 1988 agreement between the Friends and the Children's Theater whereby the Friends will hold fund raising events for the CT. • A 1996 agreement between the Friends and the Children's Theater whereby the Friends will receive funds from the Children's Theater in exchange for volunteer help provided by the funds with the understanding that all funds to the Fri~nds will be used for the benefit of the CT program. The contract is apparently signed by someone from the City Manager's, Risk Manager, Purchasing and Contract Administration Departments. • A 1997 agreement to the same effect. • A 1998 agreement and purchase order to the same effect. • A 1999 agreement and purchase order to the same effect. • A 2000 agreementto the same effect. • A 2002 agreement and purchase order to the same effect. The above documents first illustrate a years long practice of contractual arrangements between the CT and the Friends. The documents are accompanied by receipts showing payment in support of the contract. Some of the agreements have empty boxes on approval signature lines for various City entities. On the other hand, some of the agreements do have approval signatures for City entities, including the City Manager's Office. (There was no evidence put fol'\tVard in the criminal investigation that these signatures were not actual signatures of the various department representatives.) While the existence of these contracts may be contrary to City ordinance and should have been vetted and approved by both the City Attorney's Office and possibly City Council, the evidence of the contracts and accompanying purchase orders indicates City knowledge, tolerance, and apparent authorization for the CT staff to enter into such contracts. The fact that the City paid on the contracts is further evidence for CT staff to believe that they were authorized to continue to enter into such contracts. The failure of the City to correct this belief likely provides a complete defense to CT staff to any criminal prosecution focusing on the execution of "illegal" contracts. 10 Inquiry Whether the Friends Could Pay CT Staff Expenses The following documents exemplify CT Staffinquiring of City officials whether certain actions are permissible: • An email from the CT director to her supervisor regarding whether the Friends could pay for CT staff to attend a music festival in Atlanta. The email asks that the supervisor check into this and ends: "We want to be sure we don't end up doing something that is deemed unacceptable or can be considered a gift." • A forwarding email from the supervisor to the City Attorney's Office requesting an opinion. • An opinion from the City Attorney's Office authorizing the request and indicating: "The employees attending need not report the value of the travel OR worry about the gift limits." Again, this email chain is indicative of CT staff seeking approval to not violate City policy and requesting and receiving assurances from the City Attorney that they are not doing so. Requests for Other Financial Adjustments The following documents exemplify the looseness with which financial accounts are "adjusted" with the full knowledge and cooperation of City staff: • An email "ok" to the CT director from City staff to "adjust)) an account from the Community Theater to the Children's Theatre because of a mistake made by City staff. • An em'ail from the CT Director to her supervisors requesting authorization to transfer funds from an overspent account because of mistaken charges to that account and a list of the various mistaken charges. A reply email authorizing the request for transfers. • An email from a City official authorizing the juggling of moneys from various accounts. The emails above suggest issues regarding the moving of monies among contracts and accou~ts and "mistakes" by both City and CT staff regarding the charging of expenses to wrong accounts. However, the em ails also are indicative of CT Staff bringing to the City's attention such mistakes, requesting authorization to adjust accounts, and receiving such authorization. The above emails are tip offs to faulty and insuffiCiently monitored accounting. They also, however, provide an excellent defense to any criminal charge of embezzlement. 11 A fact soon learned by the criminal investigators and documented in their investigative report is the disarray of record keeping and documents seized from the various sites. While that disarray is indicative of poor record keepIng, the disarray is not consistent with the investigator's criminal theoryj namely, the existence of a group of crafty criminals carefully counting the days in which the traveler's checks could be cashed free of detection from the City. Rather the more accurate picture painted by what the investigators found when they searched the office and other locations was a "rat pack" collection of materials in disarray that provide no particular sense of purpose, but that contained a good deal of exculpatory information for those with the stamina, acumen, and resources to sort the documents out. The failure of the investigation to possess sufficient resources to process the seized materials and gain understanding from them caused a good deal of exculpatory material not to be sufficiently considered by the criminal investigation. Moreover, the gestalt of what was learned the day of the search aboutthe recordkeeping style of the subjects of the investigation was not consistent with the theory promoted in favor of criminal prosecution, VIII. The Determination Not to Interview Certain Witnesses The actions of the Friends, a non-profit support group of the CT, became a centerpiece to some of the alleged criminal activity. At some point, the investigator declined to interview the Friends witnesses due to their having obtained counsel and a stated view that, as a result, those interviews would have been unhelpful to the investigation. However, investigations should seek out all potential sources of relevant information. The mere fact that a witness has retained counsel does not mean that the witness account will not be helpful to the investigation. Moreover, an investigator should not equate eXCUlpatory information with unhelpful information. In many ways, the plumbing of information tending to exonerate criminal subjects is more important than incriminating evidence. A full examination of potentially exculpatory information is essential for investigators and prosecutors to determine whether a crime has been committed and the earlier such information is accessed and analyzed the better. Any concern that the attorney will be able to strategically gain knowledge about the details of the investigation can be mitigated by the careful development and asking of questions. Finally, the mere fact that a witness has retained counsel does not necessarily mean the witness will be unhelpful; particularly in financial crimes investigations the wise counsel of an attorney instructing the witness of the need for honesty will often result in more truthful information being provided to the investigator than less. According to the investigative report, another witness to the investigation was not interviewed due to "scheduling conflicts", Such scheduling conflicts should not have 12 prevented the investigator from obtaining information from this witness. The import of this investigation and the potential consequences to the City and the subjects of the investigation demanded a greater effort to obtain any relevant information this witness could provide. Sometimes grave illness, an ability to locate a witness, great distances, and non-cooperation can justify the failure to obtain information from a witness; the Report however, only points to "scheduling conflicts" as a reason for this investigative lead not to have been pursued. The failure of the investigation to fully explore the authorization provided CT managers to conduct the activities that were the focus of the investigation, the decision not to interview Friends witnesses and another witness because of scheduling issues, and the failure to fully assess documents that supported an "authorization" defense all point to the investigation's tendency to ignore facts that suggested a crime may not have been committed. This failure to evaluate exculpatory information is apparent throughout this criminal investigation. For example, the original suspicion cast on CT staff stemmed from their failure to report the missing traveler's checks in the original burglary report. However, as learned later in the fall, the CT staff also failed to list $17,000 worth of video projectors as missing during the burglary. This fact tends to suggest a reassessment that the failure to report the missing traveler's checks may have been more demonstrative of poor inventory tracking by CT staff rather than a calculated attempt to shield them from public purview. As new facts become available, an investigator must reassess the viability of a criminal prosecution and retain the flexibility to discard original suspicions. Moreover, complete witness statements must be obtained and analyzed for evidence helpful and harmful to the criminal investigative theory; certain witness statements cannot be selectively "shoehorned" to fit the theory while others are discarded. A robust investigation develops and seeks all of the facts; those helpful to show gUilt as well as those pointing toward innocence. An investigation that fails to pursue all the relevant facts is not a complete investigation. These concepts are well recognized by the PAPD. In its Report Writing Manual, it explicitly states: "Normally facts which tend to minimize or disprove the subject's guilt should be documented in your report." It is apparent that in this case, the investigative report did not fully subscribe to this principle. IX. The Role of the City Manager In the Investigation Numerous allegations were raised about the City Manager's role in the criminal investigation. This review revealed no significant evidence that the City Manager improperly directed the police investigation, including which witnesses to interview or how to proceed with the investigation. 13 X. Public Comments from PAPD During an Ongoing Investigation . At times, police officials commented publicly about the pending criminal investigation. For example/ at one pOint, a witness who had been interviewed by the investigation reported to the media about his account of the interview. In response. the Department contested the witness' account of the interview by referring to the tape recorded witness interview. While it is sometimes difficult to stand mute while a witness is contesting the integrity of an ongoing investigation, the. better practice is to hold comment until the investigation has taken its course. To do otherwise, is to potentially compromise a pending investigation. XI. The Preparation of the Investigative Report From the inception of the financial crimes investigation, a narrative report was prepared by the lead investigator. In several respects, the report lacks the dispassionate qualities expected of police reports. First, the report is an amalgam of facts, theories, and conjecture. While summaries of interviews and investigative tasks provide a helpful road map to the investigation and are appropriately part of a report, investigative reports should be free of conjecture, inferences, and investigative theories. In addition, extraneous information and unattributed and irrelevant statements and acts regarding the subjects of the investigation should not be included in the official report. For example, unless a connection can be shown, the fact that CT managers may have gone on expensive trips are not appropriate for inclusion into a police report. Finally, the use of first names when referring to some of the witnesses detracts from the professionalism expected of police reports. These concepts are recognized and accepted by PAPD. In the I?epartment's Report Writing Manual, it is noted that "a police report should be written using facts, not conclusions or opinions. Avoid making inferences about what something means, and instead just stick to reporting facts." It is apparent that the report eventually released by the investigator in the CT investigation did not always subscribe to these admonitions. XII. The Statute of Limitations Issue The Statute of Limitations issue and the failure of the investigation to recognize how a prosecution was time barred is worthy of further comment. Crimes such as embezzlement have provisions for extending the ordinary three year statute oflimitations to the time at which the scheme is discovered or should have reasonably been discovered. This legal extension exists so that persons who successfully conceal their financial crimes can be held criminally accountable when those crimes are discovered. 14 However, in the instant case, the extension of the statute of limitations was not available since each of the acts investigated had been conducted openly by each of the subjects. In other words, the weight of the evidence was that the CT employees did little, if anything, to hid~ their actions or cover their tracks. As exemplified above, numerous communications were discoverable among the seized materials demonstrating overt submissions and questions by the subjects to City authorities regarding each of the type of transactions investigated. The City was placed on clear notice regarding the actions that became the subject of the criminal investigation, yet little action was taken to address or sanction the activities. To the contrary, many of the actions were authorized, and thus, there was no basis for the tolling of the statute of limitations in this case. XIII. The Stolen Traveler's Checks: Lack of Conversion As noted above, the criminal investigation was instigated when stolen traveler's checks were recovered by a neighboring agency. Those checks became the starting point of the ensuing criminal investigation. However, as eventually pointed out by the District Attorney, because the checks had never been "converted" by the subject employees of the CT, an essential element to the misappropriation charge was arguably misSing. The investigation apparently learned this fact very late in the investigative process. An earlier consult with the District Attorney could well. have educated the PAPD investigation of this fact farther upstream and curtalled the need to criminally investigate these transactions since a key element of the crime being investigated might never be provable. XIV. The Decision to Close the Investigation and Release a Redacted Investigative Report At some point, PAPD revisited the Deputy District Attorney and was told definitively that there was no case in support of criminal prosecution. However, rather than quietly close the investigation, the decision was made to release a redacted copy of the investigative report to the public. This controversial decision was not without some logic. First, after the investigation became known in the community, there was considerable pressure from the media, the general public, and elected officials to provide information about the criminal investigation. Second, it was expected that should the City decide not to release the report, media outlets and other community entities would seek access to the report through a Public Records Act request, and the City might well be required to release the report should it attempt to shield it from public purview. As a result of these concerns, but contrary to the advice of the Deputy District Attorney, the report was released. Once released, the report did serve the purpose of transparency. In fact, and ironically, much of the tumult and criticism raised by concerned community members about the criminal investigation came from exposure and access to the information contained in the report ~~ information that might not have been available if 15 the report had not been released. Accordingly, the release of the report did better inform the public about the nature of the criminal investigation. On the other hand, various aspects of the report made its release problematic. First, unlike situations in which criminal investigations result in charges being filed, in this case no charges were filed. Accordingly, activities about targets of the investigation that were not subj ect to criminal prosecution were detailed in a report for all to see. While such a release might be appropriate and helpful to subjects who are exonerated by the criminal investigation, what made the release of the report in this case particularly problematic was the continued insistence by PAPD authorities that the subjects of the investigation had actually committed the criminal acts alleged. A PAPD press statement accompanying the release of the report indicated that there was evidence of "significant instances of serious financial misconduct and other possible criminal activity." The release of the report was not accompanied by a clean bill of exoneration by investigative authorities, rather, the Department continued to maintain that criminal acts had been committed but that technicalities such as the statute of limitations were the only reason these subjects could notbe brought to answer in a criminal prosecution. The combination of the release of the report and the use of information in the report to continue to assert that the criminal subjects actually committed criminal acts is problematic. This is particularly so in this matter in which complete defenses available to the subjects of the investigation may exist but are not fully set out in the report. And it is inaccurate to assert that the subjects committed the alleged criminal activity but that prosecution was not available be<;ause of the technical defense of the statute of limitations. In this case, the real defense of authorization meant that no criminal actions had been committed by the subjects. ,Finally, the way in which the report was prepared did not lend itself to public release. As noted above, the report was an amalgamation of facts, witness summaries, investigative tasks. as well as investigative theories, unsupported inferences, and conjecture. Moreover, because the investigation was not focused on cataloguing and collecting eXCUlpatory evidence, such evidence is not prominently featured in the police report. In short, the way in which the report was prepared led to justifiable criticism of the report when i~ was released. CONCLUSIONS This review is not intended to render judg~ent on the gUilt or innocence of the subjects of this investigation. The decision by the District Attorney not to file charges has already answered that question. Rather, this review is intended to provide an analysis as to why the investigation took the path it did and suggest areas for reflection and reform. However, it would be remiss to not indicate that there was no evidence from this review 16 that indicated malice on behalf of anyone affiliated with the investigation, either from the Police Department or the City. While miscalculations were made during this investigation, they can be attributable to the milieu in which the suspicions arose and a lack of training and expertise rather than a calculated plan to investigate and attempt to prosecute certain individuals, exculpatory evidence notwithstanding. In addition} the poor recordkeeping, laxity of control, intermixing between public and private entities, poor and outdated financial practices for reimbursement of CT employees, and the toleration of these arrangements by City officials that went outside the bounds of appropriate checks and balances presented a perplexing fact set that was left for PAPD authorities to attempt to' sort out. As it turned out and for the reasons elicited above, a criminal prosecution was not viable. However, had both CT employees and City oversight'officials been more attentive over the years to these administrative financial matters farther upstream, the trauma wrought on the City and its community by the resulting criminal investigation could have well been avoided. With regard to the way financial matters were handled by the CT, the City and its employees, this review found no heroes. The "system" set up decades earlier by which CT employees could seek reimbursement was an outdated relic that should have been reformed years ago. Saddled with such a system, the CT employees dId a poor job of ensuring appropriate reimbursement, at times seeking multiple reimbursements for the same expenses and then at times not seeking reimbursement at ail for legitimate expenses. There were no effective "checks and balances" to the reimbursement system and the arrangement was permitted to bounce around unregulated and largely unmonitored for years and years. While there were some attempts over the years during the evaluation process to message the CT Director of the need to improve accounting practices, there was no significant follow up to ensure that the accounting practices were, in fact, improved. The same can be said with regard to the relationship between the CT and the Friends. Monies and resources were permitted to slosh between the two entities with very little questioning of whether the transactions were appropriate and consistent with City policies. Because the entities were seen as working together for the common good, persons in positions of authority not only tolerated the arrangement but at times endorsed and authorized it, sometimes contrary to City policy. As a result, when the police began to be exposed to this "crazy accounting system", suspicions were raised that persons were stealing city monies. Instead of seeking the answers through an audit or consulting with an expert, the Police Department decided to go it alone with a lead investigator not trained in the niceties of financial crimes investigations. The resulting criminal investigation inevitably was destined to make mistakes as detailed above. The mistakes of the criminal investigation were made available to all when the investigative report was released for public scrutiny. 17 It cannot be disputep by the managers of the CT that legitimate expenditures and reimbursements did not always match up. It also cannot be divined the degree to which CT employees may have "benefited" from the discrepancies, if at all. On the other hand, the financial records are iI,1 such disarray that the CT employees may be owed further monies for expense reimbursements not sought While these discrepancies are disconcerting, the way in which the City failed to monitor, regulate. and reform the system left any potential criminal case dead upon arrival. Many in Palo Alto would agree that there are heroes with regard to the years of good work of the CT. Once the investigation became overt, CT supporter have been concerned that the financial irregularities uncovered that ended up not being prosecutable not detract from the positive experiences the CT provided youngsters in Palo Alto. In fact, because the energies of the CT managers were almost exclusively focused on providing this service, the financial issues of keeping track of money and operating according to Hoyle unfortunately took a back seat. The positive aspect of the attention drawn to this affair is that state of the art financial systems will replace the anachronistic ones and appropriate controls will ensure that the CT's financial recordkeeping will not jump the rails in the future. , SYSTEMIC RECOMMENDATIONS 1. Allegations of financial crimes are often fraught with complexity. Accordingly, it is recommended that in future cases, the Police Department should consult early with the District Attorney regarding the structure, form, and strategies of the criminal investigation. 2. In consultation with the District Attorney, the Department should determine whether an Independent financial audit should be requested before a financial crimes investigation is begun in earnest. 3. In similar cases, the Police Department should consider the advantages of referring the investigation to an outside agency. 4. Investigators assigned to lead financial crimes investigations should have training and experience in the conduct of financial crimes Investigations. 5. Ongoing criminal investigations should not be tried In a public forum and the Department should refrain from substantive public comment during a pending criminal investigation. 6. In cases in which no charges have been flled, the City should consider the advisability and appropriateness of releasing related police reports, taking into account any legal reqUirements that may mandate release. 18 7. Police reports should not include ~e and ~ the Department should ensure that its detectives receive appropriate training about compiling appropriate police reports consistent with the Department's current . Report Writing Manual. 8. Training should also be provided to Departmental staffon the need to search for and document both evidence showing guilt as well as evidence indicative of innocence consistent with the Department's Report Writing Manual. 19 TO: HONORABLE CITY COUNCIL FROM: CITY MANAGER DEPARTMENT: UTILITIES DATE: AUGUST 3, 2009 CMR: 347:09 REPORT TYPE: REPORTS OF OFFICIALS SUBJECT: Adoption of a Resolution Approving Amendment One to the Northern California Power Agency Third Phase Agreement for Western GeoPower Incorporated Renewable Energy Power Purchase Agreement for the Acquisition of up to Seven Average Megawatts of Energy over Twenty Years at an Estimated Cost Not to Exceed $128 Million RECOMMENDATION Staff recommends that the Council adopt a resolution, authorizing the City Manager or his designee to execute Amendment One to the Northern California Power Agency (NCPA) Third Phase Agreement for Western GeoPower Incorporated (WGI) renewable energy power purchase. Additionally, for this agreement, staff recommends the Council waive the investment-grade credit rating requirement under Section 2.30.340(d) of the Palo Alto Municipal Code, which is otherwise required for these energy contract. BACKGROUND On February 19, 2008, the Council adopted resolution no. 8798, approving the NCPA Third Phase Agreement for WGI renewable energy power purchase and the City's participation in the agreement for the purchase of up to 5 average megawatts of energy within an average procurement price cap of $98/megawatt-hour (CMR 141:08). For this agreement, the Council waived the investment-grade credit rating requirement under Section 2.30.340(d) of the Palo Alto Municipal Code. The third phase agreement was executed on May 28, 2008 by NCP A. NCPA also executed an agreement with the Canadian company, WGI, to purchase the power that is passed through to members, including Palo Alto, at NCPA's cost. The price of the power in the original agreement is $98 per megawatt-hour (MWh) (9.8 cents per kilowatt-hour). Unfortunately, the financial crisis of 2008 undermined project financing that WGI was seeking. Replacement financing is being developed; WGI has informed NCPA that it requires a larger cash flow (1.5 times debt service payment level) in order to make the financing work or the CMR: 347:09 Page 1 of6 project development will stop. This cash flow requirement necessitates WGI's request for a contract price of$117/MWh. As the price change is a substantial change to the contract and since it will be passed through to third phase participants, including Palo Alto, the Council must approve an amended third phase agreement with the new higher delivery price if it wishes for Palo Alto to continue as a project participant. The amendment increases the price to $117/MWh, adds contract terms that give NCPA more control of the project operation, if needed, and changes the participation percentage shares for the project participants. The Council adopted a Renewable Portfolio Standard (RPS) when it approved the Long-term Electric Acquisition Plan (LEAP) guidelines in March 2007 (CMR: 158:07). The City'S RPS goal is to procure 33 percent of the City'S electric power needs by 2015 while limiting the retail rate impact to 0.5 cents per kilowatt-hour. Currently, renewable resources comprise about 18 percent of the City'S electric power needs. Recently, a contract has been executed for a renewable power project that will add another 2 percent and is expected to start energy deliveries in 2010. Without any additional contracts, the City expects to purchase 20 percent of its electric needs from renewable resources by 2010 with minimal impact on retail rates. It should be noted that the City's RPS measure excludes large hydro-electric resources that account for approximately 50 percent of the City'S electric supply in an average hydro generation year. Staff continues to pursue renewable power through several venues including through the City's Requests For Proposals (RFPs), through NCPA's Green Power Project and through NCPA's full membership participation opportunities. The City is still seeking new renewable energy equal to approximately l3 percent of annual usage to meet the 33 percent renewable portfolio goal by 2015. The City issued a Request for Proposals (RFP) in March 2009 for renewable electric power supplies. Sixteen project proposals were received by the RFP closing date of April 28, 2009. Staff is still evaluating some of the proposals and negotiating with some of the proposers. DISCUSSION The WGI project would contribute another 3 percent of annual energy needs if the City stayed in the project at the same participation level and agreed to the price increase. The City has the following options regarding the WGI contract: 1. The City can drop out of the project by not approving the amendment to the third phase agreement; 2. The City can agree to the contract amendment increasing the price and limit its participation share to its current 14.95% share, which amounts to about 3.3 average megawatts (MW), or enough to meet about 3% of the City's annual electric needs; 3. The City can agree to the contract amendment increasing the price and reduce its participation share to less than the current 14.95% share; or 4. The City can agree to the contract amendment increasing the price and request a share of other participants' shares if they decide to reduce participation or drop out of the project. CMR: 347:09 Page 2 of6 Staff recommends the fourth option to accept the amended price and increase its participation share to a limit of 26% of the project totaling about 7 average MW, or about 6% of the City's annual electric needs. Even at the amended higher price of $117/MWh the contract is reasonably competitive with other offers Palo Alto received from the 2009 RFP for renewable power. In addition, the WGI geothermal power adds diversity to the renewable energy supplies, which currently are from wind and landfill gas to energy projects. The 2009 RFP did receive one proposal for lower- priced power and Palo Alto is negotiating with that supplier. However, it is not certain whether that project will actually be developed and it cannot fill the City'S entire remaining need for renewable power. The levelized cost for the WGI project is slightly lower than that for the Ameresco Johnson Canyon project that is also under consideration by the Council on August 3, 2009 (CMR: 343:09). The Ameresco Johnson Canyon project is a much smaller project (only providing 1.1 % of the City's annual energy needs), but it is very likely to be built. The legislative initiatives for increased statewide RPS targets have increased demand for renewable resources leading to a sellers' market and higher pricing. In addition, pending legislation that would require the use of California renewable electric projects for meeting RPS targets is further raising prices in the California seller's market. Pricing for renewable power in California appears to be driven by a regulatory benchmark price called the Market Price Referent published by the California Public Utilities Commission that was last calculated in 2008 at $117/MWh for 20-year contracts. WGI indicates that it cannot get project financing cash flow from a price lower than $117 IMWh and, without financing, it is not able to construct the project. If NCP A were to take over the project and develop it without the federal incentives that private entities receive, NCP A estimates the cost would also be about $1 17/MWh. WGI has obtained the required permits, has substantially completed design work and has begun well drilling to develop the geothermal project sized for 35 MW of turbine and generator and about 25 MW of steam field in the Geysers area not far from NCPA's other geothermal facilities. Because of limitations to the geothermal resource it is anticipated that the plant would normally run at about a 25 MW level with a 25 MW steam field. The plant would qualify as a renewable power project under state-adopted definitions, would be electrically connected to the California Independent System Operator-managed transmission system and would qualifY as local capacity. As an energy purchaser rather than as an investor-owner, NCP A and its members would not be taking the risk that power production levels may decline, as happened with PG&E's former 62 MW plant at this location. Under the terms of the agreement, NCPA members pay a fixed flat rate for any energy delivered. If delivered volumes decline, NCPA's payments to Western GeoPower, and thus Palo Alto's payments to NCPA, would be reduced proportionately, freeing up money to purchase replacement renewable energy from other sources. CMR: 347:09 Page 3 of6 Nine members of NCPA, including Palo Alto, are participating in the Third Phase Agreement with NCP A. NCPA allocated participation shares to the interested members in proportion to those members' loads with the result that Palo Alto's share would be 14.95% of the output, if Palo Alto and all other current participants receive their governing board approvals for amending the third phase agreement. At that participation level and expected plant output, Palo Alto's share would amount to about 3.8 average megawatts, or roughly 3% of its annual energy use. If one or more other participants do not receive approvals to amend the agreement for their full shares, there may be additional shares available for project participants, including Palo Alto. In light of the relative economic competitiveness of the WGI proposal compared to other renewable resource offerings, staffis seeking Council authority to participate in up to 7 average MWs of the project. The Third Phase Agreement has been reviewed by staff and the City Attorney's Office (Attachment B). The Power Purchase Agreement between NCP A and WGI has also been reviewed (Attachment C). Western GeoPower Incorporated is a relatively small company that does not have a credit rating by Moody's or Standard and Poor's. The stock is carried on the over-the-counter market in the United States at a current value of $0.22 per share and with a market capitalization of $51 million. Using audited financial statements published by the company, Western GeoPower's estimated default frequency is 5.8%, equivalent to a credit rating of B to B+. At this credit rating, WGI is the lowest rated company in the City's portfolio of counterparties. Since energy deliveries will be tied to a specific generator at a specific location, as opposed to market contracts whose deliveries are often backed by financial strength or collateral rather than a physical asset, staff recommends that the Council waive the investment-grade credit requirement for public agency contracts under Section 2.20.340 (d) of the Palo Alto Municipal Code. This conforms to Council action on prior renewable resource contracts (CMR: 461 :04). This waiver is intended only for small companies that do not have credit ratings. The PPA was reviewed by NCPA staff, Palo Alto Utilities staff, and Palo Alto's Energy Risk Manager to determine that the combination of value, price, terms, credit worthiness of provider, and any credit assurances warrant Palo Alto's participation. COMMITTEE REVIEW AND RECOMMENDATIONS Representatives from WGI reported to the NCPA Commission on July 23, 2009 that they expect to close financing in September 2009 and need commitments from project participants based on the updated pricing by September 7,2009. Due to the timing between WGI's communication to the NCPA Commission, and the September 7, 2009 deadline, there was not enough time to take this contract to the Finance Committee for its review and recommendation. However, at its July 21, 2009 meeting, the Finance Committee recommended the Council approve a similarly priced contract for renewable energy (Ameresco Johnson Canyon landfill gas to energy power purchase agreement CMR: 305:09). At that meeting, staff provided information that the Western GeoPower project was having financing difficulties and that the project might be requesting a price increase in order to get the project built. CMR: 347:09 Page 4 of6 During the Finance Committee's review and discussion of the Ameresco Johnson Canyon power purchase agreement on July 21, 2009, the Finance Committee discussed the currently high premium for renewable energy, and the fact that reducing energy use is another way to reduce the need to buy power, including both high-priced renewable ("green") energy and traditional ("brown") energy. The Finance Committee recommended that the Council direct staff to review its energy acquisition and energy efficiency polices and plans with the Utilities Advisory Commission (CMR: 342:09). For example, using round numbers, Palo Alto uses about 1 million MWhJyear of electric energy. In a normal water year, about 50% of that, or 500,000 MWhJyear, is provided by non-carbon emitting hydroelectric generation. Assuming that renewable energy supplies comprise 20% of the annual use, or 200,000 MWhJyear, then an additional 13%, or 130,000 MWhJyear, of renewable energy, is needed to meet a 33% RPS goal. If the 33% RPS goal were met, then about 83% of the portfolio would be from either renewable or hydroelectric sources, leaving 17%, or 170,000 MWhJyear, of "brown power" in the portfolio. If, however, energy use was reduced 10%, then the total energy needs of the City would be 900,000 MWhJyear. Assuming again that 200,000 MWhJyear of renewable suppliers are already in place, they would comprise 22% of the annual use, and only 97,000 MWhJyear, an additional 11 %, more would be needed from additional renewables to meet a 33% RPS goal of 297,000 MWhJyear (900,000 MWh times 0.33). In this example, the hydroelectric supplies of 500,000 MWhJyear would account for 55% of the total energy needs so that if a 33% RPS goal were met, then 88% of the portfolio would be from either renewable or hydroelectric sources leaving 12%, or 108,000 MWhJyear, of brown power in the supply portfolio. For the sake of comparison, the WGI project is projected to supply 33,300 MWh/year at the expected participation level of 3.8 average megawatts. RESOURCE IMPACT The cost of renewable energy supplies under the Agreement is expected to be $73 million over 20 years. This assumes that Palo Alto's participation level and the plant output would provide 3.8 average MW. If, however, Palo Alto is able to get an increased allocation of the project up to a maximum of7.0 average MW, then the cost is estimated to be $128 million. In either case, the incremental rate impact will remain within the 0.5¢/kWh limit adopted by Council. POLICY IMPLICATIONS Adoption of this resolution allows the City to participate in Amendment No. One to NCPA's Third Phase Agreement to purchase renewable energy and thereby is consistent with the Council Top Four Priority of Environmental Protection. Parti~ipating in the Agreement is also consistent with the following City policies and guidelines: 1. The Council-approved Climate Protection Plan, adopted December 3, 2007, containing Utilities Goal 2: Reduce carbon intensity of energy supply provided by Utilities; 2. The Council-approved Utilities Strategic Plan with regard to employing balanced environmental solutions; 3. The energy risk management policies; CMR: 347:09 Page 5 of6 4. The rate impact limits and the renewable portfolio targets in LEAP Guideline #6 and the portfolio diversification goals in LEAP Guideline #3 (CMR: 158:07); 5. The City's Sustainability Policy Statement, adopted April 2, 2001 (CMR 175:01) and revised June 18,2007 (CMR 260:07), the Green Government Pledge, adopted July 19, 1999 (CMR 284:99); 6. The US Mayors' Climate Protection Agreement; 7. The Comprehensive Plan, specifically: a. GOAL N-9: A clean, efficient, competitively-priced energy supply that makes use of cost-effective renewable resources. b. POLICY N-44: Maintain Palo Alto's long-term supply of electricity and natural gas while addressing environmental and economic concerns. c. POLICY N-48: Encourage the appropriate use of alternative energy technologies. ENVIRONMENT AL REVIEW Execution of the agreement does not meet the definition of a project, pursuant to section 21065 of the California Environmental Quality Act (CEQA). However, the City and other participating members intend to receive output from projects that will constitute a project for the purposes of CEQA. Project developers will be responsible for acquiring necessary environmental reviews and permits on projects to be developed. ATTACHMENTS A: Resolution Approving Amendment One to the NCPA Third Phase Agreement for Western GeoPower Power Purchase Agreement B: NCPA Third Phase Agreement for Western GeoPower Power Purchase Agreement C: Renewable Energy Power Purchase Agreement between Northern California Power Agency and Western GeoPower Incorporated D: NCPA Staff Report and Resolution 09-68 Approving an Amendment to the NCPAfWestern GeoPower Power Purchase Agreement and to Revise the Third Phase Agreement Between NCPA and Members in the Project E: CMR: 141 :08 -Adoption of a Resolution Approving the Northern California Power Agency Third Phase Agreement for Western GeoPower Incorporated Renewable Energy Power Purchase Agreement for the Acquisition of up to Five Average Megawatts of Energy over Twenty Years at an Estimated Cost Not to Exceed $86 million (without attachments) ~ PREPARED BY: (J1Y TOM KABAT Senior Resource Originator REVIEWED BY: ~ANE RATCHYE ~ Assistant Director, Resource Management DEPARTMENT APPROVAL: ____ .~~~~~ ____________ _ VALE~ONG CITY MANAGER APPROVAL: ~ City Manager CMR: 347:09 Page 60f6 All ACHMENl A Not Yet Approved Resolution No Resolution of the Council of the City of Palo Alto Approving Amendment One to the Northern California Power Agency Third Phase Agreement for Western GeoPower Incorporated Renewable Energy Power Purchase Agreement for the Acquisition of Up To Seven Average Megawatts of Energy over Twenty Years At An Estimated Cost Not To Exceed $128 Million WHEREAS, the City of Palo Alto (the "City"), a municipal utility and a chartered city, is a member of the Northern California Power Agency ("NCPA,,), and the City and other NCPA members have collectively entered into a Power Purchase Agreement (the "PPA") with Western GeoPower Incorporated ("WGI") for a term of twenty (20) years; and WHEREAS, WGI seeks an increase in the PPA's price of electricity to $117.00 per megawatt -hour ("$117/MWh") in order to generate adequate cash flows to secure financing to build the facility; and WHEREAS, the NCP A Commission authorized the General Manager to amend the PP A to reflect a revised PP A price of $117 IMWh; and WHEREAS, NCPA'S Energy Risk and Counterparty Risk Management Regulations require that, for power purchases and sales effected for delivery more than one week from the date of execution of the purchase, competitive bids must be obtained; and WHEREAS, NCPA's Risk Oversight Committee approved and the NCPA Commission concurred in granting an exception to standard procurement policy, because the PPA is an eligible renewable resource at long-term competitive rates, and it also has advantages due to its physical location adjacent to the NCPA Geothermal project site, thereby giving it competitive, operational and economic advantages other than price; and WHEREAS, the NCPA Commission, on January 25,2008, approved the PPA and the Third Phase Agreement (the "TPA"), which TPA allocates all costs and benefits of the PPA to participating NCPA members; and WHEREAS, the City desires to amend the TP A consistent with the execution of the amendment to the PPA in order to achieve a portion its renewable energy goals, reduce reliance on fossil fuels and their associated fuel price volatilities, and assist the State of California in meeting its renewable energy goals; and WHEREAS, the City, which has been allocated a 14.95% participation share of the TP A with respect to the costs and benefits of the PP A, wishes to increase its participation share percentage in the TP A to and not exceeding 26%; NOW, THEREFORE, the Council of the City of Palo Alto does hereby RESOLVE as follows: 090729 jb 0073199 Not Yet Approved SECTION 1. The Council hereby approves Amendment One to the Northern California Power Agency Third Phase Agreement for Western GeoPower Incorporated Renewable Energy Power Purchase Agreement, and delegates to the City Manager the authority to sign the contract on behalf of the City. The Council further approves the City's participation in the Third Phase Agreement for the purchase of renewable energy of up to seven (7) average megawatts of energy, within an average procurement price cap of $117 per megawatt-hour. The total cost of renewable energy purchases to be made in accordance with the Third Phase Agreement will not exceed $128 million over the twenty-year term. SECTION 2. With respect to the Third Phase Agreement, the Council hereby waives the application of the creditworthiness terms and conditions requirements of Palo Alto Municipal Code section 2.30.340(d), which otherwise applies to the City's purchases of energy, directly or indirectly, through NCPA. SECTION 3. The Council finds that the adoption of this resolution does not meet the definition of a project under Section 21065 of the California Environmental Quality Act and, therefore, no environmental assessment is required. INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: APPROVED: City Clerk Mayor APPROVED AS TO FORM: City Manager Sr. Asst. City Attorney Director of Utilities Director of Administrative Services 2 090730 jb 0073199 All ACHMENl B THIRD PHASE AGREEMENT FOR WESTERN GEOPOWER INCORPORATED RENEWABLE ENERGY POWER PURCHASE AGREEMENT 1 THIRD PI-L-iSE AGREEl\ffiNT FOR THE WESTER..N GEOPOWER, INCORPORATED RENEWABLE POWER PURCI-L-iSE AGREEMENT //GENSERV /18.23/WESTERNGEOPOWERIIIPHASE TABLE OF CONTENTS Section ......................................................................................... . RECITALS ............................................................................ 3 1. Definitions .......................................................................... 4 2. Effectiveness of Agreement.. ................................................. l0 3. Delivery of Electricity / Allocation of Resource Adequacy ............. . Capacity and Environmental Attributes .................................. .11 4. Cooperation and Further Assurances ...................................... ll 5. Payment Obligations, Security Account, Invoicing ....................... 12 6. Administration of Agreement ................................................ 16 7. Transfer of Rights by Participants ........................................... 18 8. Withdrawal of Participants ................................................... 18 9. Term and Termination ......................................................... 18 10. Default and Remedies ......................................................... .19 11. Miscellaneous .................................................................... 23 EXHIBIT A EXHIBITB 2 THIRD PHASE AGREEMENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCHASE AGREE1'.1ENT j jGENSERV j18.23/WESTERNGEOPOWERIIIPHASE This Third Phase Agreement for Western GeoPower Incorporated Renewable Energy Power Purchase Agreement is between the Northern California Power Agency, a joint powers agency of the State of California ("NCPA") and those of its Members who execute this Agreement ("Participants"). NCPA and the Participants are referred to herein individually as a "Party" and collectively as the "Parties". RECITALS A. WHEREAS, NCP A and the Participants are interested in purchasing additional renewable electric capacity and energy for the benefit of the Participants' customers: B. WHEREAS, The Participants desire that NCP A negotiate and enter into a renewable energy power purchase agreement (PPA) with the Western GeoPower Incorporated ("Western GeoPower") for twenty (20) years; and C. WHEREAS, NCPA has executed a .PPA with Western GeoPower to purchase the entire expected Project Output from a new Western GeoPower geothermal project ("Project") located in the Geysers Geothermal Field located in Mayacamas Mountains of Sonoma and Lake Counties in the State of California; and D. WHEREAS, NCP A, on behalf of the Participants, will purchase the Project output of for at a fixed price not to exceed ninety-eight dollars ($98.00) per megawatt hour for the initial term of twenty (20) years; and E. WHEREAS, NCP A and the Participants wish to enter into this Agreement to provide all means necessary for NCP A to fulfill obligations incurred on behalf of NCP A and the Participants pursuant to the PP A and to enable and obligate the Participants to take delivery of and pay for such electricity and to pay NCP A for the costs of undertaking the foregoing activities; and 3 THIRD PI-L\SE AGREEMENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCI-L\SE AGREEMENT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE WHEREAS, NCPA and its members have (or will have) entered into the Facilities Agreement dated September 22, 1993, which provides for services which NCPA shall perform for its members, and for the provisions to be contained in third phase agreements such as this Agreement. G. WHEREAS, NCPA and its members have (or will have) entered into the Scheduling Coordination Program Agreement ("SCP A"), dated August 28, 2002, which provides for CAISO scheduling services and cost allocations which NCP A shall perform for its members. NOW, THEREFORE, in consideration of the foregoing, and the mutual promises and covenants hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree and intend to be legally bound, as follows: Section 1. Definitions 1.1 Definitions. Whenever used in this Agreement (including the Recitals hereto), the following terms shall have the following respective meanings: 1.1.1 /I Agreement" means this NCP A Third Phase Agreement for Western GeoPower Incorporated Renewable Energy Power Purchase Agreement including all Exhibits attached hereto, as the same may be amended from time to time in accordance with the terms and conditions hereof. 1.1.2 "Annual Budget" means the budget for the ensuing Budget Year adopted by the Commission, as it may be amended from time to time. 1.1.3 "Associate Member" means an associate member of NCP A admitted to NCPA in accordance with Article IV, Section 7 of the Joint Powers Agreement. 4 THIRD PfL:\SE AGREEMENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEW"-illLE PO\'V'ER PURCfL\SE AGREErvfENT / /GENSERV /18.23/WESTERNGEOPOWERlIIPHASE 1.1.4 "Budget Year" means the NCP A fiscal year; currently the twelve month period beginning July 1 and ending on the next following June 30. 1.1.5 "Business Day" means any day except a Saturday, Sunday, or a Federal Reserve Bank holiday. A Business Day shall open at 8:00 a.m. and close at 5:00 p.m. local time. 1.1.6 "Capacity Attributes" means any current or future defined characteristic, certificate, tag, credit, or ancillary service attribute, whether general in nature or specific as to the location or any other attribute of the Project, intended to value any aspect of the capacity of the Project to produce Energy or ancillary services, including, but not limited to, any accounting construct so that the full Contract Capacity of the Project may be counted toward a Resource Adequacy Requirement or any other measure by the CPUC, the CAISO, the FERC, or any other entity invested with the authority under federal or state law, to require Buyer to procure, or to procure at Buyer's expense, Resource Adequacy or other such products. 1.1.7 "Claims" has the meaning set forth in Section 11.2. 1.1.8 "Commission" means the NCPA Commission. 1.1.9 Not Applicable under this Agreement. 1.1.10 "Constitutive Documents" means, with respect to NCPA, the Joint Powers Agreement and any resolutions or bylaws adopted thereunder, and with respect to each Participant, the California Government Code and other statutory provisions applicable to such Participant, any applicable agreements, charters, contracts or other documents concerning the formation, operation or decision making of such Participant, including, if applicable, its City Charter, and any codes, ordinances, bylaws, and resolutions adopted by such Participant's governing body. 1.1.11 Not applicable under this Agreement. 5 THIRD PHASE AGREEtvfENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCHASE 1\GREEMENT / /GENSERV /18.23/WESTERNGEOPOWERlIIPHASE 1.1.12 "Defaulting Party" has the meaning set forth in Section 9.1. 1.1.13 "Not applicable under this Agreement" 1.1.14 "Effective Date" has the meaning set forth in the Section 9 of this Agreement. 1.1.15 "Electric System" means, with respect to each Participant except the San Francisco Bay Area Rapid Transit District ("BART"), all properties and assets, real and personal, tangible and intangible, of the Participant now or hereafter existing, used or pertaining to the generation, transmission, transformation, distribution or sale of electric capacity and energy, or the utilization of such, including all additions, extensions, expansions, improvements and betterments thereto and equipment thereof; provided, however, that to the extent the Participant is not the sole owner of an asset or property or to the extent that an asset or property is used in part for the above described purposes, only the Participant's ownership interest in such asset or property or only the part of the asset or property used for electric purposes shall be considered to be part of its Electric System. 1.1.16 "Environmental Attributes" means any and all credits, benefits, emissions reductions, offsets, and allowances, howsoever entitled, directly attributable to the power purchase. Environmental Attributes include, but are not limited to: (1) any avoided emissions of pollutants to the air, soil or water such as sulfur oxides (SOx), nitrogen oxides (NOx), carbon monoxide (CO) and other pollutants; (2) any avoided emissions of carbon dioxide (C02), methane (CH4) and other greenhouse gases (GHGs) that have been determined by the United Nations Intergovernmental Panel on Climate Change to contribute to the actual or potential threat of altering the Earth's climate by trapping heat in the atmosphere; and (3) the reporting rights to these avoided emissions such as Green Tag Reporting Rights. Environmental Attributes do not include: (1) any energy, capacity, reliability or other power attributes; (2) production tax credits associated with the construction or operation of the energy 6 THIRD PHASE AGREEMENT FOR THE WESTER..N GEOPOW'ER, INCORPOR..-\TED RENEW.ABLE POWER PURCHASE AGREE1fENT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE Projects and other financial incentives in the form of credits, reductions, or allowances associated with the Project that are applicable to a state or federal income taxation obligation: (3) fuel-related subsidies or "tipping fees" that may be paid to Seller to accept certain fuels, or local subsidies received by the generator for the destruction of particular pre-existing pollutants or the promotion of local environmental benefits; or (4) emission reduction credits encumbered or used by the Unit(s) for compliance with local, state, or federal operating and/or air quality permits. 1.1.17 "Event of Default" has the meaning set forth in Section 5.5.3 and Section 10.1. 1.1.18 "Joint Powers Agreement" means that certain Northern California Power Agency Joint Power Agreement first made July 19, 1968 and revised as of April 1, 1973, establishing NCP A, as the same may be amended from time to time. 1.1.19 "Member" means any Member of NCPA or Associate Member of NCPA. 1.1.20 "MW" means megawatt. 1.1.21 "MWh" means megawatt hour. 1.1.22 "NCP A" has the meaning set forth in the preamble hereto. 1.1.23 "Participation Percentage." has the meaning, with respect to each Project Participant, the percentage of the total capacity of the Project, and the energy associated with such capacity, to which such Participant is entitled pursuant to the terms of this Agreement. The Project Participation Percentage for each Project participant shall be in the percentage set forth in Exhibit B, attached hereto and incorporated herein. Exhibit B, shall be amended from time to time in accordance with this Agreement. 7 THIRD PHASE AGREE;\fENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCHASE AGREEMENT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE 1.1.24 "Project Cost Allocation" means the Project Costs allocated to the Participants in the Annual Budget. 1.1.25 "Project Costs" means any and all costs, directly or indirectly, incurred by NCPA as a result of entering into the PP A. NCPA costs include, but are not limited to related legal fees and associated staff time, administrative and general overhead costs, charges for transmission, transmission related costs and costs associated with the .PP A or other NCP A associated Agreements, including the Facilities Agreement and the SCP A. 1.1.26 "Project Output" means all energy generated from the geothermal Project currently being developed by Western GeoPower in conjunction with this Project, related Environmental Attributes and Capacity Attributes; 1.1.27 "Participant" has the meaning set forth in the preamble hereto. (i) "Party" or "Parties" has the meaning set forth in the preamble hereto; provided that "Third Parties" are entities that are not party to this Agreement. 1.1.28 "PPA" means the Renewable Energy Power Purchase Agreement attached hereto as Exhibit A. 1.1.29 Not applicable under this Agreement. 1.1.30 "Resource Adequacy Capacity" is that capacity in megawatts that has been approved by each Participant. as capacity available to ensure that adequate resources are available to meet peak demand and operating and planning reserves for the purposes of local area and system reliability. 1.1.31 "Revenues" means, with respect to each Participant with the exception of BART, all income, rents, rates, fees, charges, and other moneys derived by the 8 THIRD PHASE AGREEMENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCHASE AGREEMENT //GENSERV /18.23/W'ESTERNGEOPOW'ERIIIPHASE Participant from the ownership or operation of its Electric System, includin& without limiting the generality of the foregoing, (a) all income, rents, rates, fees, charges or other moneys derived from the sale, furnishing and supplying of electric capacity and energy and other services, facilities, and commodities sold, furnished, or supplied through the facilities of its Electric System, (b) the earnings on and income derived from the investment of such income, rents, rates, fees, charges or other moneys to the extent that the use of such earnings and income is limited by or pursuant to law to its Electric System, and (c) the proceeds derived by the Participant, directly or indirectly, from the sale, lease or other disposition of all or a part of the Electric System, but the term "Revenues" shall not include (i) customers' deposits or any other deposits subject to refund until such deposits have become the property of the Participant or (ii) contributions from customers for the payment of costs of construction of facilities to serve them. In regards to BART, "Revenues" means, all income, rents, rates, fees, charges, grants, fares or tariffs, subventions and other moneys derived by the Participant from its operation, includin& without limiting the generality of the foregoing, (i) the earnings on and income derived from the investment of such income, rents, rates, fees, charges grants, fares or tariffs, subventions or other moneys and (ii) the proceeds derived by the Participant, directly or indirectly, from the sale, lease or other disposition of all or a part of its assets, but the term "Revenues" shall not include any moneys derived from sources, the use of which is limited by law to expenditures other than operating expenses. 1.1.32 "Scheduling Protocols" means the applicable provisions of the .SCP A and any other contractual or other arrangements between NCP A and the relevant Participant concerning the scheduling, delivery and metering of the PP A. 1.1.33 "Security Account" means the account established by NCPA and funded by the Participants in accordance with Section 5.3, the funds of which are available for use by NCP A in accordance with the terms and conditions hereof. 1.1.34 Not applicable under this Agreement. 9 THIRD PHASE AGREENfENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCI-L-\.SE AGREElvIENT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE 1.1.35 "Term" has the meaning set forth in Section 9. 1.1.36 Not applicable under this Agreement. 1.1.37 Not applicable under this Agreement. 1.2 Rules of Interpretation. As used in this Agreement (including the Recitals hereto), unless in any such case the context requires otherwise: the terms "herein," "hereto," "herewith" and "hereof" are references to this Agreement taken as a whole and not to any particular provision; the term "include," "includes" or "including" shall mean "including, for example and without limitation;" and references to a "Section," "subsection;" "clause," or "Exhibit" shall mean a Section, subsection, clause or Exhibit of this Agreement, as the case may be. All references to a given agreement, instrument or other document shall be a reference to that agreement, instrument or other document as modified, amended, supplemented and restated through the date as of which such reference is made, and reference to a law, regulation or ordinance includes any amendment or modification thereof. A reference to a "person" includes any individual, partnership, firm, company, corporation, joint venture, trust, association, organization or other entity, in each case whether or not having a separate legal personality and includes its successors and permitted assigns. The singular shall include the plural and the masculine shall include the feminine, and vice versa. Section 2. Effectiveness of Agreement This Agreement shall be effective as to each Participant as of the Effective Date upon execution by the Participant, as described in Section 9 below. Section 3. Delivery of Electricity / Allocation of Resource Adequacy Capacity and Environmental Attributes. By executing this Agreement, each Participant acknowledges and agrees to be bound by the take-or-pay process contained in or referenced herein. Any electricity delivered to NCP A under the PPA . shall be delivered to each Participant in proportion to such Participant's Participation Percentage and each Participant shall accept and pay for its relevant 10 THIRD PHASE AGREE1Y1ENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCHASE AGREE~fENT //GENSERV /18.23/WESlERNGEOPOWERIIIPHASE percentage of such electricity. To the extent Participant is unable to accept such deliveries in full, NCP A shall dispose of such surplus in its discretion, in such a manner to maximize Participant value. Notwithstanding the above, NCPA may allocate and pool capacity and energy procured through the PPA among the Participants in such percentages as NCP A may, in its reasonable discretion, determine are necessary, desirable, or appropriate. Such electricity shall be scheduled for the Participants in accordance with the Scheduling Protocols. Resource Adequacy Capacity and Environmental Attributes obtained by NCPA as a result of performance under this Agreement shall likewise be allocated to each Participant by its Participation Percentage. 3.1 Payments to Counterparty. NCPA shall pay all costs incurred hereunder using operating funds or Security Account funds, paid to NCP A in accordance with Section 5, or such other sources as may be agreed upon in writing by the Parties from time to time. Section 4. Cooperation and Further Assurances Each of the Parties agrees to provide such information, execute and deliver any instruments and documents and to take such other actions as may be necessary or reasonably requested by any other Party which are not inconsistent with the provisions of this Agreement and which do not involve the assumption of obligations other than those provided for in this Agreement, in order to give full effect to this Agreement and to carry out the intent of this Agreement. Further, the Parties agree to cooperate and act in good faith in connection with obtaining any credit support required in order to procure electricity from an Eligible Contract Purchase, including, with respect to negotiating and executing, any agreements to implement any credit support arrangements. Section 5. Payment Obligations, Security Account, Invoicing 5.1 Participant Payment Obligations. Each Participant agrees to pay to NCP A each month its respective portion of the Project Costs. In addition, each Participant shall maintain working capital in accordance with NCP A' s Annual Budget, and maintain its Security Account as provided in this Agreement. 11 THIRD PHASE AGREEMENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCHASE AGREEMENT / /GENSERV/18.23/WESTERNGEOPOWERIIIPHASE 5.2 Calculation of and True-Up for Project Costs. Upon the conclusion of a Budget Year NCP A shall compare each Participant's payment of estimated Project Costs with the actual Project Costs incurred on behalf of each Participant such that overpayments will be credited to, and underpayments will debited to the Participant's account in accordance with NCPA's Annual Budget settlements. 5.3 Security Account. 5.3.1 Initial Amounts. NCPA shall notify each Participant three months prior to the expected initial delivery of power of the initial security amounts which Participant shall be obligated to pay for under this Agreement. Each Participant shall ensure that sufficient funds are on deposit in the Security Account equal to the highest (3) months of the immediately following (12) months of estimated Project Costs ; provided, however, that such deposit may be satisfied, in whole or part, either in cash or through a letter of credit satisfactory to NCPA's General Manager. 5.3.2 Subsequent Deposits. Periodically, and at least quarterly, NCPA shall review and revise its estimate of all costs for which Participant shall be obligated to pay for under this Agreement for the succeeding twelve (12) months. Following such review, NCP A shall determine whether each Participant has a sufficient balance in the Security Account. To the extent that any Participant's balance in the Security Account is greater than one hundred and ten percent (110%) of the amount required herein, NCPA shall credit such amount as soon as practicable to the Participant's next following invoice. To the extent that any Participant's balance in the Security Account is less than ninety percent (90%) of the amount required herein, NCP A shall add such amount as soon as practicable to such Participant's next invoice. Credits or additions shall not be made to Participants who satisfy these Security Account requirements in whole, through the use of a letter of credit, provided that the amount of the letter of credit shall be adjusted in a like manner to assure an amount equal to the highest three (3) months of estimated Project Costs. 12 THIRD Pf-L-\.SE AGREEl\:1ENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCf-L-\.SE AGREE:rvrnNT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE 5.3.3 Use of Security Account Funds. NCPA may use any and all funds deposited into the Security Account to pay any costs it incurs hereunder, including making payments to the counterparty under the PP A. NCP A may use any and all funds without regard to any individual Participant's balance in the Security Account or proportionate share of Project Costs and irrespective of whether NCP A has issued an invoice for such costs to the Participants or whether a Participant has made timely payments of invoices. Should Participant have satisfied its Security Account requirements, in whole or in part, through a letter of credit, NCP A may draw on such letter of credit to satisfy Participant's obligations hereunder. 5.3.4 Emergency Additions. In the event that the funds are withdrawn pursuant to section 5.3.3, or if the Security Account is insufficient to allow payment of an invoice, demand, request for further assurances by Third Parties, or Claims, NCP A shall notify all Participants and then prepare and send a special or emergency assessment to the Participants. Each Participant shall pay to NCP A such assessment when and if assessed by NCP A within two (2) Business Days of the invoice date of the assessment or consent to and direct NCP A to draw on any existing letter of credit Participant has established for such purposes. 5.3.5 Accounting and Interest. NCP A shall maintain a detailed accounting of each Participant's deposits into and shares of withdrawals from the Security Account. Interest earned on the Security Account shall be proportionately credited to the Participants in accordance with their Security Account balances. Any losses in the Security Account caused by early termination of investments shall be allocated among the Participants in accordance with their proportionate Participation Percentages. 5.3.6 Return of Funds. On the termination of this Agreement with respect to a Participant or a permitted withdrawal of a Participant in accordance with this Agreement, the affected Participant or Participants may apply to NCPA for the return of their 13 THIRD PHASE .A.GREElYfENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POW'ER PURCfL\SE AGREEMENT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE share of Security Account funds ninety (90) days after the effective date of such termination or withdrawal. NCP A shall, in its sole discretion, as determined by the General Manager, estimate the then outstanding liabilities of the Participant(s), including any estimated contingent liabilities and shall retain all such funds until all such liabilities have been fully paid or otherwise satisfied in full. 'The balance of the Participant's share of the Security Account will be refunded to the Participant. 5.4 Invoicing. 5.4.1 Invoices. As part of NCPA's regular, monthly, advance billing or by separate special invoice, as required in the circumstances, NCP A will issue an invoice to each Participant for its proportionate share of the Project Costs due (or any adjustments thereto) based on Sections 5.1 and 5.2 above. Such invoices may include estimated costs and estimated settlement and meter data. Each invoice shall include: (i) the total Project Costs attributable to the activities under this Agreement for such month and the relevant Participant's share thereof; (ii) the quantity of electricity, Resource Adequacy Capacity and Environmental Attributes. delivered to such Participant (or an estimate thereof) and the unit price for such electricity; (iii) appropriate settlement and meter data (or an estimate thereof); (iv) including any adjustments to prior invoices required based on actual data received that was estimated in a previous invoice. In addition NCPA may invoice an amount, if any, that NCPA has paid or reasonably expects to pay using funds available in the Security Account; and amounts due from (or credited to) such Participant under Section 5.3.2. 5.4.2 Payment of Invoices. All invoices delivered by NCPA hereunder are due and payable on the date indicated on such invoice, provided, however, that any amount due on a day other than a Business Day may be paid on the following Business Day. NCPA may apply a Participant's share of the Security Account to the payment of all or any portion of an invoice issued to such Participant, provided that application of such funds from the Security Account shall not relieve the Participant from any late payment charges 14 THIRD PHASE AGREErvfENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCHASE AGREEfvfENT / /GENSERV /18.23/WESTERNGEOPOWERlIIPHASE pursuant to Section 5.4.3. To the extent that NCP A applies funds from the Security Account to pay an amount due under an invoice, following receipt of payment of such invoice by the relevant Participant, NCP A shall deposit the relevant portion of the payment into the Security Account and credit such deposit to such Participant. 5.4.3 Late Payments. Any amount due and not paid by a Participant in accordance with Section 5.4.2 shall bear interest computed on a daily basis until paid at the lesser of (i) the per annum prime rate (or reference rate) of the Bank of America NT&SA then in effect, plus two percent (2%) or (ii) the maximum rate permitted by law. 5.5 Settlement Data and Examination of Books and Records. 5.5.1 Settlement Data. NCPA will make metering and settlement data available to the Participants. Procedures and formats for the provision of such data will be as established by the Participants and NCPA from time to time. 5.5.2 Examination of Books and Records. Any Participant to this Agreement shall have the right to examine the books and records created and maintained by NCP A pursuant to this Agreement at any reasonable, mutually agreed upon time. 5.5.3 Revenue Covenant. Any failure of a Participant to meet its obligations hereunder or to cure such failure in a timely manner shall constitute a Default and the Defaulting Party shall be subject to such remedies of NCP A as provided for herein. Each Participant covenants and agrees (i) to continue to pay or advance to NCP A, from its electric department revenues only or, in the case of BART, its tariffs, fees or other sources of revenue, provided that such sources shall not include any sums derived from sources, the use of which is limited by law to expenditures other than operating expenses, its percentage share of the costs authorized by Participants in accordance with this Agreement in connection with its participation in the Project. Each Participant further agrees that it will fix the rates and charges for services provided by its electric department, or in the case of BART, its general revenues, so 15 THIRD PH::\SE AGREEMENT FOR THE 'W'ESTERN GEOPO'W'ER, INCORPORATED RENEWABLE PO'W'ER PURCHASE AGREEl'vfENT //GENSERV /18.23/WESTERNGEOPOWERIIIPHASE that it will at all times have sufficient money in its department revenue funds to meet this obligation; (ii) to make payments under this Agreement from the Revenues of, and as an operating expense of, its Electric System, or in the case of BART, its general revenues; (iii) to make payments under this Agreement whether or not there is an interruption in, interference with, or reduction or suspension of services provided under this Agreement; such payments not being subject to any reduction, whether by offset or otherwise, and regardless of whether any dispute exists provided such interruption, interference or reduction in services is caused by forces constituting an Act of God and not reasonably contemplated by the Parties; and (iv) to operate Electric System., or in the case of BART, its transit system, in an efficient manner and to maintain its facilities in good repair, condition and working order so that: (a) the Participant's obligations to make payments under this Agreement are not adversely affected or threatened; and (b) NCPA's bond rating and ability to negotiate and enter into a .PPA are not adversely affected or threatened. Section 6. Administration of Agreement 6.1 General. The NCPA Commission has sole overall responsibility and authority for the administration of this Agreement. Any acts, decisions or approvals taken, made or sought by NCP A under this Agreement shall be taken, made or sought, as applicable, in accordance with NCPA's Constitutive Documents and Section 6.2. 6.2 Action by Participating Members. (a) Forum: Whenever any action anticipated by this Agreement is required to be taken by the Participating Members, such actions shall be taken at a regular or special meeting of the NCPA Commission but shall be participated in only by those Commissioners, or their designated alternates, who are Participants. (b) Quorum: A quorum at NCPA Commission meetings for purposes of acting upon matters relating to this Agreement shall consist of Commissioners, or 16 THIRD PHASE AGREErvIENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCHASE AGREErvIENT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE their designated alternates representing at least two Participants having a combined majority interest based upon Participation Percentages. (c) Voting: Each Participant shall have the right to cast one vote with respect to matters pertaining to this Agreement, with a majority vote of the Participating Menbers required for action subject to the following exceptions: (i) Upon request of any Participant representative, the voting on an issue related to this Agreement shall be by Participation Percentage with a 65% or more favorable vote necessary to carry the action. The 65% required by the preceding sentence shall be reduced by the amount that the Participation Percentage of any Participant exceeds 35%, but shall not be reduced below a majority interest. (li) After any decision related to this Agreement is taken by the affirmative vote of less than 65% of the Program Participants, the action can be reviewed and revised if a Participant gives notice of intention to seek such review and revision to NCP A and each of the other Participants within ten (10) days following the date on which such action was taken. Upon receipt of such a request for reconsideration, the Chair Person of the Commission shall agendize the matter for reconsideration at the next regular meeting of the Commission or at a special meeting if the circumstances so warrant. The action shall be upheld upon the affirmative vote of authorized representatives the Participants. Any action taken upon reconsideration shall be final. Secticlfl 7. Transfer of Rights by Participants 7.1 A Participant has the right to make transfers, sales, assignments and excranges (collectively "transfers(s)") its Participation Percentage and rights thereto. If a Participant desires to transfer a portion or its entire share of the Project for a specific time intervat or permanently, NPCA wilt if requested by such Participant, use its best efforts to tr ansfer that portion of the Participant's share of the Project. 17 THIRD PHASE AGREE1vIENT FOR THE WESTERN GEOPOWER, INCORPOR.,.\TED RENEWABLE POWER PURCHASE AGREEi\ffiNT //GENSERV /18.23/WESTERNGEOPOWERIIIPHASE 7.2 Before NCP A may transfer an excess Project share pursuant to section 7.1 to any person or entity other than a Participant it shall give all Participants the right to purchase the share on the same terms and conditions. Before NCP A may transfer an excess Project share pursuant to section 7.1 to any person or entity other than an NCPA member, it shall give all NCP A members the right to purchase the share on the same terms and conditions. Such right shall be exercised within thirty (30) days of receipt of notice of said right. 7.3 No transfer shall relieve a Participant of any of its obligations under this Agreement except to the extent that NCP A receives payment of these obligations from a transferee. Section 8. Withdrawal of Participants. No Participant may withdraw from this Agreement except as provided herein Refer Section 7 above for discussion. However, NCPA will use its best efforts to assist any Participant that wishes to transfer all or any portion of its rights pursuant to Section 7 above. Section 9. Term and Termination. This Agreement shall become effective when it has been executed and delivered to NCP A by Participants, the Participation Percentages of which, in the aggregate, equal at least 65% participation in the Project. NCP A shall provide written notices to all Participants establishing the /I effective date". The remaining Participants listed in Exhibit B shall have 45 days, following the notice of the effective date to execute and deliver counterparts of this Agreement to NCP A. If any Participants listed on Exhibit B fails to execute and deliver this Agreement within such 45 days, unless otherwise agreed to by the Participants who have executed the Agreement, the Participating Percentages of such member or members shall be spread among those Participants in proportion to their Participation Percentages. This Agreement shall be coterminous with the PP A contained in Exhibit A. 18 THIRD PHASE AGREEivlENT FOR THE WESTER..~ GEOPOWER, INCORPORATED RENEWrV3LE POWER PURCHASE AGREE~IENT / /GENSERV /18.23/WESTERNGEOPOWERlIIPHASE Section 10. Default and Remedies 10.1 An Event of Default under this Agreement shall exist with respect to a Party ("Defaulting Party") upon the occurrence of anyone or more of the following: (i) if any Party fails to make any payment or to provide assurances as required of NCPA under this Agreement when due hereunder two (2) Business Days after receipt of notice given by NCP A of such non-payment; or (li) the failure of the Defaulting Party to perform any other covenant or obligation under this Agreement where such failure is not cured within ten (10) days following receipt of a notice from NCP A demanding cure (provided that this shall not apply to any failure to make payments (which is covered by Section 10.1 (i»; or (iii) if any representation or warranty of the Defaulting Party material to the transactions contemplated hereby shall prove to have been incorrect in any material respect when made and the Defaulting Party does not cure the facts underlying such incorrect representation or warranty so that the representation or warranty becomes true and correct within ten (10) calendar days of the date of receipt of notice from any other Party demanding cure; or (iv) if a Participant is in default or in breach of any of its covenants under any other agreement with NCP A and such default or breach is not cured within the time periods specified in such agreement; or (v) the failure of NCP A to perform any covenant or obligation under this Agreement following a ten (10) day notice to cure by any non-defaulting Member. 10.2 Cure of an Event of Default. An Event of Default shall be deemed cured only if such default shall be remedied within the time period specified in Section 10.1, above, as may be applicable after written notice has been sent to the Defaulting Party from NCPA 19 TillRD PI-L\SE AGREE~fENT FOR THE WESTERN GEOPO\'{7ER, INCORPORATED RENEWABLE POWER PURCHASE AGREEMENT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE specifying the default and demanding that the same be remedied provided that failure of a Party to provide such notice shall not be deemed a waiver of such default. 10.3 Participation Rights Of Defaulting Party. Notwithstanding anything herein to the contrary, upon the occurrence of an Event of Default and until such Event of Default is cured, the Participant that is the Defaulting Party shall not have the right to participate under Section 6.2 on any matters with respect to this Agreement. 10.4 Remedies in the Event of Default. 10.4.1 Remedies of NCPA. Upon the occurrence of an Event of Default where a Participant is the Defaulting Party, without limiting its other rights or remedies available under this Agreement, at law or in equity, and without constituting or resulting in a waiver, release or estoppels of any right, action or cause of action NCP A may have against the Participant, NCPA may: (i) suspend the provision of services under this Agreement to such Defaulting Party, including the delivery of electricity and other attributes of the PPA until the Event of Default is cured; and (ii) demand that the Defaulting Party provide further assurances to compel the correction of the default, including mandating the collection of a surcharge to produce Revenues to secure the cure of the Event of Default; and (iii) terminate this Agreement as to the Defaulting Party on ten (10) days prior written notice to the Defaulting Party and following approval of the non-defaulting Participants. 10.4.2 SalefTransfer of Participants Account Upon Default. Upon any default of a Participant caused by the failure of such Participant to pay any sums due, and provided that such default is not cured in a timely manner, then NCPA shall use its best efforts 20 THIRD PHASE AGREEMENT FOR THE WESTERN GEOPOWER, INCORPOR.{\TED RENEWABLE POWER PURGL\SE AGREEfv.lENT / /GENSERV /18.23/WESTERNGEOPOWERlIIPHASE to sell and transfer for the defaulting Participant's account all or a portion of the Participant's capacity and/or energy and/or Environmental Attributes for the remainder of the term of this Agreement. Notwithstanding that all or any portion of the Participant's capacity is so sold or transferred, the Participant shall remain liable for all of its obligations hereunder unless released therefrom by NCP A upon assumption by a transferee or assignee. 10.4.3 Remedies of Participants. Upon the occurrence of an Event of Default, and following the applicable cure periods, where NCPA is the Defaulting Party, the Participant may, without limiting their other rights or remedies available under this Agreement, at law or in equity, and without constituting or resulting in a waiver, release or estoppel of any right, action or cause of action the Participants may have against NCP A, terminate this Agreement in whole, subject to the provisions of Section10.5.4. 10.4.4 Special Covenants Regarding Security Account. In the event that a Participant's balance of the Security Account is insufficient to cover all invoices for costs incurred under this Agreement sent to such Participant, then, without limiting NCPA's other rights or remedies available under this Agreement, at law or in equity, such Participant shall cooperate in good faith with NCPA and shall cure the default within thirty (30) days, on an emergency basis, taking all such action as is necessary, including, but not limited to, raising rates and charges to its customers to increase its Revenues to replenish its share of the Security Account as provided herein, drawing on its cash-on-hand and lines of credit, obtaining further assurances by way of credit support and letters of credit, and taking all such other action as will cure the default. 10.5 Effect of Termination or Suspension. 10.5.1 The suspension or termination of this Agreement will not terminate, waive, or otherwise discharge any ongoing or undischarged contingent liabilities or obligations arising from this Agreement until such obligations are satisfied in fult and all of the 21 THIRD PHASE .-\GREEj'yffiNT FOR THE WESTERN GEOPOWER, INCORPOR.-\TED RENEW.-lBLE POWER PURCHASE AGREE1ffiNT //GENSERV /18.23/WESTERNGEOPOWERIIIPHASE costs incurred by NCPA in connection with such suspension or termination, including reasonable attorneys' fees, the fees and expenses of other experts, including auditors and accountants, other costs and expenses that NCP A is entitled to recover under this Agreement, and other reasonable and necessary costs associated with any and all of the remedies, are paid in full. 10.5.2 Suspension by NCP A. If performance of all or any portion of this Agreement is suspended by NCP A with respect to a Participant in accordance with Section 10.4.1(i), such Participant shall pay any and all costs and obligations incurred by NCPA as a result of such suspension, including reasonable attorneys' fees, the fees and expenses of other experts, including auditors and accountants, other reasonable and necessary costs associated with such suspension and any portion of the Project Costs that were not recovered from such Participant as a result of such suspension. 10.5.3 Termination by NCP A. If this Agreement is terminated by NCPA with respect to a Participant in accordance with Section 10.4.1 (iii), (i) such Participant shall pay any and all costs and obligations incurred by NCP A as a result of such termination including reasonable attorneys' fees, the fees and expenses of other experts, including auditors and accountants, other reasonable and necessary costs associated with such termination and any portion of the Project Costs that were not, or will not be, recovered from such Participant as a result of such termination; provided, however, if NCPA terminates this Agreement with respect to the last Participant, then this Agreement shall terminate. 10.5.4 Termination by Participants. If this Agreement is terminated by all Participants in accordance with Section 10.4.3, or by unanimous consent of all of the Parties hereto, then the Participants shall pay to NCPA all previously unpaid costs and obligations incurred as of the date of such termination" and following such termination, the Participants shall cooperate and act in good faith to negotiate and agree upon the method of allocating among the Participants in proportion to their respective Participation Percentages the costs and 22 THIRD PI-L-\SE AGREElYffiNT FOR THE WESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCI-L-\SE AGREElvffiNT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE benefits of the PP A and any financing agreements or commitments and any matters pertaining to the administration, management, control, operation and maintenance of the PP A. NCP A shall reasonably cooperate with the Participants in connection with implementing the foregoing and the Participants shall indemnify NCPA for any costs and obligations incurred in connection therewith, including reasonable attorneys' fees, fees and expenses of other experts, including auditors and accountants and other reasonable and necessary costs. If the Parties are unable to reach agreement as to the foregoing, then the Parties agree to submit the matter to mediation with a mutually agreed upon mediator. If the Parties are still unable to reach agreement following mediation, then the matter shall be submitted to binding arbitration subject to the rules of the American Arbitration Association, the costs of such arbitration being borne proportionally among the Participants. Section 11. Miscellaneous 11.1 Confidentiality. The Participants and NCPA will keep confidential all confidential or trade secret inforIl'ation made available to them in connection with this Agreement, to the extent pOSSible, consistent with applicable laws, including the California Public Records Act. It shall be the responsibility of the holder of the claim of confidentiality or trade secret to defend at its expense against any request that such information be disclosed. Confidential or trade secret information shall be marked or expressly identified as such. 11.2 Indemnification and Hold Harmless. Subject to the provisions of Section 11.4, each Participant agrees to indemnify, defend and hold harmless NCP A and its Members, including their respective governing officials, officers, agents, and employees, from and against any and all claims, suits, losses, costs, damages, expenses and liability of any kind or nature, including reasonable attorneys' fees and the costs of litigation, including experts ("Claims"), to the extent caused by any acts, omissions, breach of contract, negligence (active or passive), gross negligence, recklessness, or willful misconduct of a Participant, its governing officials, officers, employees, subcontractors or agents, to the maximum extent permitted by law. 23 THIRD Pl-IASE AGREEMENT FOR THE WESTERN GEOPO\VER, INCORPORATED RENEWABLE POWER PURCH.,.-\SE AGREEl\IENT / /GENSERV /18.23/WESTERNGEOPO\VERIIIPHASE 11.3 Several Liabilities. No Participant shall be liable under this Agreement for the obligations of any other Participant and each Participant shall be solely responsible and liable for performance of its obligations under this Agreement, except as otherwise provided for herein, and the obligation of each Participant under this Agreement is a several obligation and not a joint obligation with those of the other Participants. 11.4 No Consequential Damages. FOR ANY BREACH OF ANY PROVISION OF THIS AGREEMENT FOR WHICH AN EXPRESS REMEDY OR MEASURE OF DAMAGES IS PROVIDED IN THIS AGREEMENT, THE LIABILITY OF THE DEFAULTING PARTY SHALL BE LIMITED AS SET FORTH IN SUCH PROVISION, AND ALL OTHER DAMAGES OR REMEDIES ARE HEREBY WANED. IF NO REMEDY OR MEASURE OF DAMAGE IS EXPRESSLY PROVIDED, THE LIABILITY OF THE DEFAULTING PARTY SHALL BE LIMITED TO ACTUAL DAMAGES ONLY AND ALL OTHER DAMAGES AND REMEDIES ARE HEREBY WANED. IN NO EVENT SHALL NCPA OR ANY PARTICIPANT OR THEIR RESPECTNE SUCCESSORS, ASSIGNS, REPRESENTATNES, DIRECTORS, OFFICERS, AGENTS, OR EMPLOYEES BE LIABLE FOR ANY LOST PROFITS, CONSEQUENTIAL, SPECIAL, EXEMPLARY, INDIRECT, PUNITIVE OR INCIDENTAL LOSSES OR DAMAGES, INCLUDING LOSS OF USE, LOSS OF GOODWILL, LOST REVENUES, LOSS OF PROFIT OR LOSS OF CONTRACTS EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND NCPA AND EACH PARTICIPANT EACH HEREBY WANES SUCH CLAIMS AND RELEASES EACH OTHER AND EACH OF SUCH PERSONS FROM ANY SUCH LIABILITY. The Parties acknowledge that California Civil Code section 1542 provides that: "A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor." The Parties waive the provisions of section 1542, or other similar provisions of law, and intend that the waiver and release provided 24 THIRD PfL:\SE AGREEJl.1ENT FOR THE WESTERN GEOPOWER, INCORPORATED RENEW1lliLE POWER PURCHASE AGREEJ\1ENT //GENSERV /18.23/WESTERNGEOPOWERIIIPHASE by this section of this Agreement shall be fully enforceable despite its reference to future or unknown claims. 11.5 Amendments. Except where this Agreement specifically provides otherwise, this Agreement may be amended only by written instrument executed by the Parties with the same formality as this Agreement. 11.6 Severability. In the event that any of the terms, covenants or conditions of this Agreement or the application of any such term, covenant or condition, shall be held invalid as to any person or circumstance by any court having jurisdiction, all other terms, covenants or conditions of this Agreement and their application shall not be affected thereby, but shall remain in force and effect unless the court holds that such provisions are not severable from all other provisions of this Agreement. 11.7 Governing Law. This Agreement shall be interpreted, governed by, and construed under the laws of the State of California. 11.8 Headings. All indices, titles, subject headings, section titles and similar items are provided for the purpose of convenience and are not intended to be inclusive, definitive, or affect the meaning of the contents of this Agreement or the scope thereof. 11.9 Notices. Any notice, demand or request required or authorized by this Agreement to be given to any Party shall be in writing, and shall either be personally delivered to a Participant and the Secretary of the Commission or transmitted to the Participant and the Secretary of the Commission at the address shown on the signature pages hereof. The designation of such address may be changed at any time by written notice given to the Secretary of the Commission who shall thereupon give written notice of such change to each Participant. 11.10 Warranty of Authority. Each Participant, and NCPA, represents and warrants that it has been duly authorized by all requisite approval and action to execute and 25 THIRD PfL\SE .\GREEl\ffiNT FOR THE \,{'ESTERN GEOPOWER, INCORPORATED RENEWABLE POWER PURCHASE .\GREEl\ffiNT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE deliver this Agreement and that this Agreement is a binding, legal, and valid agreement enforceable in accordance with its terms as to the Participant and as to NCP A. Upon execution of this Agreement, each Participant shall deliver to NCPA a resolution of the governing body of such Participant, evidencing approval of and authority to enter into this Agreement, that such authority was duly exercised in accordance with such Participant's Constitutive Documents. 11.11 Counterparts. This Agreement may be executed in any number of counterparts, and each executed counterpart shall have the same force and effect as an original instrument and as if all the signatories to all of the counterparts had signed the same instrument. Any signature page of this Agreement may be detached from any counterpart of this Agreement without impairing the legal effect of any signatures thereon, and may be attached to another counterpart of this Agreement identical in form hereto but having attached to it one or more signature pages. 11.12 Assignment. Except as provided by Section 7 no Participant may assign or otherwise transfer its interest in its Participation Percentage or any other rights and obligations under this Agreement without the express written consent of NCP A, which shall not be unreasonably withheld. 11.13 Exercise of the Right of First RefusaL Participants shall abide by the NCPA Facilities Agreement in the exercise of any options by NCPA to purchase the underlying assets of the PP A as per the voting procedures of this Agreement outlined in Section 6. Participation in any such purchase shall be in accordance with the then existing Participation Percentages, unless such Participation Percentages are otherwise agreed upon by the Participants. 11.14 List of Exhibits. The Exhibits referenced herein shall be denoted as follows: 26 THIRD PI-L-iSE AGREEIYfENT FOR THE 'W'ESTERN GEOPO'W'ER, INCORPORATED RENEW.-iBLE POW'ER PURCHASE AGREEMENT / /GENSERV /18.23/WESTERNGEOPOWERIIIPHASE Exhibit A -RENEWABLE ENERGY POWER PURCHASE AGREEMENT between NORTHERN CALIFORNIA POWER AGENCY and WESTERN GEOPOWER INCORPORA TED Exhibit B -P ARTICIPA nON PERCENTAGES 27 THIRD PHASE AGREE}'fENT FOR THE 'WESTERN GEOPO'WER, INCORPORA.TED RENEWABLE PO'WER PURCHASE AGREEMENT j jGENSERV /18.23jWESTERNGEOPOWERIIIPHASE IN WITNESS WHEREOF, each Participant has executed this Agreement with the approval of its governing body, and NCP A has authorized this Agreement in accordance with the authorization of its Commission. NORTHERN CALIFORNIA POWER AGENCY [Address] [City, State, Zip] [Telephone] [Facsimile] Title: ___________ _ Date:, ____________ _ Approved as to form: Its: Attorney Date: ___________ _ BAY AREA RAPID TRANSIT [Address] [City, State, Zip] [Telephone] [Facsimile] Title: ___________ _ Date: ___________ _ Approved as to form: Its: Attorney Date: ___________ _ ALAMEDA POWER AND TELECOM [Address] [City, State, Zip] [Telephone] [Facsimile] Title: ____________ _ Approved as to form: CITY OF LODI [Address] [City, State, Zip] [Telephone] [Facsimile] By: ____________ _ Title: ____________ _ Date: ___________ _ Approved as to form: Date: ___________ _ CITY OF LOMPOC [Address] [City, State, Zip] [Telephone] [Facsimile] Title: ___________ _ Date: ___________ _ Approved as to form: Date: ___________ _ PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE [Address] [City, State, Zip] [Telephone] [Facsimile] Title: ___________ _ Date: ___________ _ Approved as to form: Its: Attorney Date: ___________ _ CITY OF PALO ALTO [Address] [City, State, Zip] [Telephone] [Facsimile] Title: ____________ _ Date: ___________ _ Approved as to form: Its: Attorney Date: ___________ _ PORT OF OAKLAND [Address] [City, State, Zip] [Telephone] [Facsimile] Title: Date: ___________ _ Approved as to form: By: ___________ _ Its: Attorney Date: ___________ _ CITY OF ROSEVILLE [Address] [City, State, Zip] [Telephone] [Facsimile] By: ____________ _ Title: ___________ _ Date: ___________ _ Approved as to form: By: ____________ _ Its: Attorney Date: ___________ _ TRUCKEE DONNER PUBLIC UTILITY DISTRICT [Address] [City, State, Zip] [Telephone] [F acsimile] By: ___________ _ Title: ___________ _ Date: ___________ _ Approved as to form: By: ____________ _ Its: Attorney Date: ___________ _ SILICON VALLEY POWER [Address] [City, State, Zip] [Telephone] [Facsimile] By: ____________ _ Title: ___________ _ Date: ___________ _ Approved as to form: By: ____________ _ Its: Attorney Date: ___________ _ CITY OF TURLOCK [Address] [City, State, Zip] [Telephone] [Facsimile] By: ___________ _ Title: ___________ _ Date: ___________ _ Approved as to form: By: ___________ _ Its: Attorney Date: ___________ _ ATTACHMENT C RENEWABLE ENERGY POWER PURCHASE AGREEMENT between NORTHERN CALIFORNIA POWER AGENCY And WESTERN GEOPOWER, INC. May 16,2008 / /GenServ/18.23/WestemGeoPowerPPA TABLE OF CONTENTS PREAMBLE ................................ ········· .. ·· .. ·· .... ···· .. ·· .. ··· .. ·· .. ·· .. ···· .. ····· .. · .. ·· .... · .... ·· .. 1 ARTICLE 1 DEFINITIONS ............ ········· .. ·· .... ·· .. · .. · .... ····· .. · .. · .... ·· .......... · .. · .. · .. ···· .. 2 ARTICLE 2 TERM TERMINATION AND SURVIVAL OF OBLIGATIONS .. · ............... 12 Section 2.1 Section 2.2 Effective Date and Term ............................................................ 12 Effect of Termination -Survival of Obligations ............................... 12 ARTICLE 3 PURCHASE AND SALE··· ............. · ..................................................... 12 Section 3.1 Section 3.2 Section 3.3 Section 3.4 Section 3.5 Purchase and Sale of OUtput ....................................................... 12 Delivery Point ......................................................................... 13 Environmental Attributes and Capacity Attributes ........................... 13 Tax Credits .................................................................................. 15 Right of First Refusal for Purchase of Existing Plant or Expansion of Plant and Expansion Plant Output ............................................ 15 ARTICLE 4 METERING·· .. ·· ................................................................................. 16 Section 4.1 Section 4.2 Section 4.3 Metering Requirements .............................................................. 16 Meter Inaccuracies and Retroactive Adjustments ............................ 17 Records and Audits .................................................................. 17 ARTICLE 5 BILLING AND PAYMENT .................................................................... 18 Section 5.1 Billing .................................................................................... 18 Section 5.2 Payment ................................................................................. 18 Section 5.3 Netting of Payments .................................................................. 19 Section 5.4 Allocation of Taxes ................................................................... 19 ARTICLE 6 CREDIT REQUIREMENTS .. ·· .. · ................................................ '" .......... 19 Section 6.1 Financial Information ................................................................ 19 ARTICLE 7 SELLER'S ADDITIONAL OBLIGATIONS .. ··· ... · ....................................... 20 Section 7.1 Section 7.2 Section 7.3 Section 7.4 Section 7.5 Section 7.6 Construction, Operating and Maintenance of the Generating Facility .. 20 Milestones .............................................................................. 20 Commercial Operation Performance Tests ..................................... 22 Performance Guaranties ............................................................ 22 Obligation to Schedule and Deliver .............................................. 23 Modifications to the Generating Facility ........................................ 23 ARTICLE 8 FORCE MAJElTRE'" .............................................................................. 24 Section 8.1 Section 8.2 Section 8.3 Force Majeure Events ................................................................ 24 Conditions .............................................................................. 25 Termination due to Force Majeure Event.. ..................................... 25 ARTICLE 9 DEFAULT jREMEDIESjTERMINATION ............................................... 26 Section 9.1 Events of Default Generally ........................................................ 26 1 2008 Power Purchase Agreement Section 9.2 Section 9.3 Section 9.4 Additional Events of Default by Seller .......................................... 26 Remedies; Termination for Default ............................................... 27 Indemnification ........................................................................ 27 ARTICLE 10 REPRESENTATIONS, WARRANTIES AND COVENANTS· ...................... 28 Section 10.1 Section 10.2 Seller's Representations, Warranties and Covenants ........................ 28 Buyer's Representations ,Warranties and Covenants ........................ 29 ARTICLE 11 MISCELLANEOUS ................................................................................ 30 Section 11.1 Section 11.2 Section 11.3 Section 11.4 Section 11.5 Section 11.6 Section 11.7 Section 11.8 Section 11.9 Section 11.10 Section 11.11 Section 11.12 Section 11.13 Section 11.14 Section 11.15 Section 11.16 Section 11.17 Section 11.18 Section 11.19 Section 11.20 Section 11.21 Section 11.22 EXHIBITS Reserved Notices ................................................................................... 30 Dispute Resolution ................................................................... 30 Regulatory Compliance ............................................................. 31 No Dedication of Facilities ......................................................... 31 Confidentiality ........................................................................ 31 Assignment ............................................................................. 32 Waiver of Rights ...................................................................... 32 Section Headings ..................................................................... 33 No third Party Beneficiary ......................................................... 33 Forward Contract ..................................................................... 33 Applicable Law ........................................................................ 33 Venue ..................................................................................... 33 Nature of Relationship ............................................................... 33 Good Faith and Fair Dealing; Reasonableness ................................. 33 Severability ............................................................................. 34 Counterparts ........................................................................... 34 Cooperation ............................................................................ 34 Limitation of Liabilities .............................................................. 34 Further Assurances ................................................................... 35 Time is of the Essence ............................................................... 35 Construction ........................................................................... 35 Entire Agreement Integration ................................... '" ................ 36 Exhibit 1 Exhibit 2 Exhibit 2.1 Exhibit 2.2 Exhibit 2.3 Exhibit 3 Exhibit 4 ExhibitS Exhibit 6 Exhibit 7 Exhibit 8 Exhibit 9 Exhibit 10 Exhibit 11 Exhibit 12 Exhibit13a Exhibit13b Description of Generating Facility Leasehold Description Map of Leasehold Map of Delivery Point Commercial Operation Performance Tests Contract Price Reserved Expected Annual Contract Quantity Form Milestones Reserved Reserved Operations Forecasts and Scheduling Protocols Form of Attestation Payment / Wire Instructions Contacts, Buyer Contacts, Seller ii 2008 Power Purchase Agreement Exhibit 14 Exhibit 15 Example of Availability Shortfall Damages Seller's Insurance Information iii 2008 Power Purchase Agreement RENffiNABLEENERGYPO~RPURCHASEAGREEMENT This Renewable Energy Power Purchase Agreement, together with the exhibits, attachments, and any referenced collateral agreement or similar arrangement between the Parties (collectively, the II Agreement") is made and effective as of the following date: May 16, 2008 (" Effective Date") by and between the Northern California Power Agency, a joint powers agency established pursuant to the laws of the State of California ("Buyer" or "NCPA"), and Western GeoPower, Inc., a corporation organized and existing pursuant to the laws of the State of California ("Seller"). WHEREAS, Seller intends to construct, own, and operate a 33 net MW geothermal-powered generating facility, which qualifies as of the Effective Date as an eligible renewable energy resource ("ERR") under the State of California Renewable Portfolio Standard Program ("RPS"), as codified at California Public Utilities Code Section 399.11, et seq. and desires to exclusively sell electricity produced by such Generating Facility together with all Environmental Attributes and Capacity Attributes, each as defined below, to Buyer pursuant to the terms and conditions set forth herein; and WHEREAS, Buyer desires to be the exclusive purchaser of electricity generated by Seller's Generating Facility, together with all Environmental Attributes and Capacity Attributes pursuant to the terms and conditions set forth herein. NOW, THEREFORE, in consideration of the premises hereof, and the covenants and conditions contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Buyer and Seller, intending to be legally bound, hereby agree as follows. 1 2008 Power Purchase Agreement AGREEMENT ARTICLE 1: DEFINITIONS Unless otherwise required by the context in which any term appears, (i) initially- capitalized terms used in this Agreement shall have the meanings specified in this Article; (ii) terms defined in the singular shall include the plural and vice versa; (iii) references to II Articles/' IISections/' and IIExhibitsll shall be to articles, sections, or exhibits hereof; (iv) all references to a particular entity shall include a reference to such entity's successors and permitted assigns; (v) the words "herein/' IIhereof/' and "hereunderll shall refer to this Agreement as a whole and not to any particular section or subsection hereof; (vi) all accounting terms not specifically defined herein shall be construed in accordance with GAAP, consistently applied; (vii) references to this Agreement shall include all appendices and Exhibits hereto, as the same may be amended, modified, supplemented, or replaced from time to time; (viii) terms used in the masculine shall include the feminine and neuter and vice versa; and (ix) the term II including/' when used in this Agreement, shall mean to include without limitation. 1.1 /I Adjustment Period" means (i) the period of time when inaccurate measurements were made by a defective Meter, if that period of time can be determined to the mutual satisfaction of the Parties, or (ii) if the period of time cannot be determined to the mutual satisfaction of the Parties, one-half the period of time from the date of the last previous test of the Meter to the date such meter failure is discovered. 1.2 II Agreementll has the meaning set forth in the recitals of this Agreement. 1.3 II Availability" means the Delivered Quantity divided by the Contract Capacity. Availability 100 x Delivered Quan?ty Contract CapaCIty 1.4 "Availability Shortfall Damages" has the meaning as set forth in Section 7.4. 1.5 II Available Hours" means the number of hours in any month in which the Generating Facility is capable of delivering Energy to the Delivery Point; provided that, to the extent that the Generating Facility is not capable of delivering 100% of the Contract Capacity in any hour, the Available Hours with respect to such hour shall be reduced pro rata to reflect the fraction of the Contract Capacity that the Generating Facility is capable of delivering in such hour. 2 2008 Power Purchase Agreement 1.6 "Base Hours" means the total number of hours during any month minus the agreed upon scheduled outage hours and/ or Force Majeure hours. 1.7 "Business Day" means any day except a Saturday, Sunday, or a Federal Reserve Bank holiday. A Business Day shall begin at 8:00 a.m. and end at 5:00 p.m. local time for the relevant Party's principal place of business. The relevant Party, in each instance unless otherwise specified, shall be the Party from whom the notice, payment or delivery is being sent or by whom the notice, payment or delivery is received, as the context requires. 1.8 "Buyer" has the meaning set forth in the preamble of this Agreement. 1.9 "CAISO" means the California Independent System Operator. 1.10 "CAISO Settlement Process" means the process currently used by the CAISO to settle energy transactions. This process may change upon adoption of the proposed Market Redesign and Technology Update (MRTU) Tariff. 1.11 "CAISO Tariff" means the duly authorized tarift rules, protocols and other requirements of the CAISO, as amended from time to time. 1.12 "Capacity Attributes" means any and all current or future defined characteristics, certificates, tags, credits, ancillary service attributes, or accounting constructs, including but not limited to Integrated Forward Market Load Uplift Obligation as defined within CAISO Tariff Appendix A Master Definitions Supplement, howsoever entitled, including Resource Adequacy Benefits, and any tracking or accounting associated with the foregoing, attributed to or associated with the electricity generating capacity of the Generating Facility, or any unit of electricity generating capacity of the Generating Facility, during the Term. 1.13 "CEC" means the California Energy Commission. 1.14 "Commercial Operation" means that: (i) the Generating Facility has been constructed in accordance with Prudent Utility Practice, as defined herein, all Permits, Requirements of Law, and the specifications set forth in Exhibit 2 [Description of Generating Facility]; (ii) all of the requirements set forth in Article 7 have been satisfied; and (iii) Seller has successfully completed the Commercial Operation Performance Tests. 1.15 "Commercial Operation Date" means the date on which Commercial Operation first occurs. 1.16 "Commercial Operation Performance Tests" means the tests set forth in Exhibit 3 [Commercial Operation Performance Tests]. 3 2008 Power Purchase Agreement 1.17 "Confidential Information" means information with respect to the business of either Party provided by one Party to the other in accordance with, or in furtherance of, this Agreement including, the content of documents, ideas, business methods, finances, prices, business plans, financial development plans, manpower plans, customer lists or details, computer systems, software, know- how, trade secrets or other matters connected with such Party's obligations hereunder; provided, however, that "Confidential Information" shall not include information that (i) at the time of disclosure or thereafter is generally available to, or known by, the public other than as a result of a disclosure by the receiving Party or its representatives; (ii) was available to the receiving Party on a non- confidential basis from a source other than the disclosing Party; or (iii) was otherwise independently acquired or developed by the receiving Party without violating its obligations hereunder. 1.18 "Contract Capacity" means the forecast of monthly electricity generation output of the Generating Facility, net of all expected on-site uses (e.g. parasitic loads) and any other known and knowable impacts such as planned outage, line or transformation losses to the Delivery Point to NCPA. This forecast shall be delivered in writing to NCP A at least ten (10) days prior to the beginning of each month. Unless otherwise agreed to mutually, the above forecast shall be within 5 % of the previous month's actual generation. 1.19 "Contract Price" means the price in United States Dollars. (unless otherwise provided for) to be paid by Buyer to Seller for the purchase of the Output, as specified in Exhibit 4 [Contract Pricel. 1.20 "Contractual Obligations" means, as to Seller, any material agreement, instrument or undertaking to which Seller is a party or by which it or any of its property is bound. 1.21 "Contract Year" means each year beginning on January 1st and ending on December 31st of such year following the Commercial Operation Date; provided, however, that the first Contract Year shall commence on the Commercial Operation Date and end on the following December 31st, and the last Contract Year shall end on the relevant anniversary of the Commercial Operation Date as set forth in Section 2.1. 1.22 "Control Area" means the electric power system or successor (or combination of electric power systems) under the operational control of the CAISO or any other electric power system under the operational control of another organization vested with authority comparable to that of the CAISO. 1.23 "Damages" has the meaning set forth in Section 9.4. 4 2008 Power Purchase Agreement 1.23A "Day-Ahead Inter-SC Trade Period" means the time period in which the CAISO will accept Inter-SC Trades of Energy within the Day-Ahead Market from Scheduling Coordinators as defined in the Market Redesign and Technology Upgrade (MRTU) Tariff as filed at FERC under docket no. ER06-615-000. 1.23B "Day-Ahead Market" means a series of processes conducted in the Day-Ahead time period as defined in the Market Redesign and Technology Upgrade (MRTU) Tariff as filed at FERC under docket no. ER06-615-000. 1.24 IIDelay Liquidated Damages" means an amount equal to $1 per day. 1.25 "Delivered Quantity" means the Inter-SC Trade quantity, scheduled during the Day-Ahead Inter-SC Trade Period, for Energy based on the final results of the Day-Ahead Market. 1.26 "Delivery Point" means the point at which the Output will be delivered by Seller and received by Buyer hereunder, as specified in Exhibits 2 [Description of Generating Facility] and depicted in Exhibit 2.3 [Map of Delivery Point ]. 1.27 "Deviation Band" means a defined MW range, generally 3%, in which a specific generation resource or the summation of a load/ resource portfolio may deviate from expected energy without incurring a penalty, which may include but is not limited to the MSS Deviation Band or the compliance range utilized to compute Uninstructed Deviation Penalties, as defined in the CAISO Tariff. 1.28 "Effective Date" has the meaning set forth in the preamble of this Agreement. 1.29 "Emergency" means any condition or situation which poses an imminent threat to: (i) life or property, or (ii) Buyer's, or any of its member's, ability to maintain safe, adequate, and continuous electric power and energy service to its customers. 1.30 "Energy" means the electricity generated by the Generating Facility pursuant to this Agreement, as expressed in units of kWh or MWh as measured at the Meter(s). 1.31 II Environmental Attributes" means any and all credits, benefits, enussIOns reductions, offsets, and allowances, howsoever entitled, attributable to the generation from the Generating Facility or Expansion Plant(s), as the case may be, and its displacement of conventional energy generation. Environmental Attributes include: (i) any avoided emissions of pollutants to the air, soil or water such as sulfur oxides (SOx), nitrogen oxides (NOx), carbon monoxide (CO) and other pollutants; (ii) any avoided emissions of carbon dioxide (C02), methane (CH4) and other greenhouse gases that have been determined by the United Nations Intergovernmental Panel on Climate Change to contribute to the actual or potential threat of altering the Earth's climate by trapping heat in the 5 2008 Power Purchase Agreement atmosphere; and (iii) the reporting rights to these avoided emissions such as Green Tag Reporting Rights. Environmental Attributes do not include: (i) any energy, capacity, reliability or other power attributes from the Generating Facility or Expansion Plant(s), (ii) Production Tax Credits associated with the construction or operation of the Generating Facility, or Expansion Plant(s), and other financial incentives in the form of credits, reductions, or allowances associated with the Generating Facility or Expansion Plant(s) that are applicable to a state or federal income taxation obligation, (iii) fuel-related subsidies or "tipping fees" that may be paid to Seller to accept certain fuels, or local subsidies received by Seller or the owners of the Site for the destruction of particular pre-existing pollutants or the promotion of local environmental benefits, or (iv) emission reduction credits encumbered or used by the Generating Facility or Expansion Plant(s) for compliance with local, state, or federal operating and/ or air quality permits. 1.32 "Environmental Attributes (EA) Agency" means any local, state or federal entity, or any other Person, that has responsibility for or jurisdiction over a program involving transferability of Environmental Attributes, including, but not limited . to, the Clean Air Markets Division of the United States Environmental Protection Agency, the CEC, the California Public Utilities Commission, and any successor agency thereto. 1.33 "Environmental Attributes Reporting Rights" means all rights to report ownership of the Environmental Attributes to any Person, including under Section 1605(b) of the Energy Policy Act of 1992. 1.34 "ERR" has the meaning set forth in the recitals of this Agreement. 1.35 "Event of Default" has the meaning set forth in Article 9. 1.36 "Expansion Plant" means any expansion of the Generating Facility from its nameplate rating capacity. Each such expansion of the Generating Facility shall be deemed to be an Expansion Plant. Production from the equipment and/ or resources defined in Exhibit 2 [Description of Generating Facility] shall be exempt from Expansion of Plant. 1.37 "Expansion Plant Output" means all capacity and associated Energy, and associated Environmental Attributes and Capacity Attributes produced by Seller at any Expansion Plant. 1.38 "Expected Annual Contract Quantity" means the amount of Energy and Environmental Attributes that Seller expects to deliver to Buyer hereunder in a given Contract Year other than the first and last Contract Years (which may be 6 2008 Power Purchase Agreement partial years), as set forth in Exhibit 6 [Expected Annual Contract Quantity Forml. 1.39 "Expected Commercial Operation Date" means the date on which the Commercial Operation Date is expected to occur, as specified in Exhibit 7 [Milestones 1. 1.40 "FERC" means the Federal Energy Regulatory Commission and its successor organization, if any. 1.41 "Force Majeure Event" has the meaning set forth in Section 8.1. 1.42 "GAAP" means Generally Accepted Accounting Principles in the United States of America that is consistently applied. 1.43 "Generating Facility" means Seller's electricity generating facility as more particularly described in Exhibit 2 [Description of Generating Facility], together with all materials, equipment systems, structures, features and improvements necessary to produce electricity at such facility, excluding the Site, land rights and interests in land. 1.44 "Governmental Authority" means any federal or state government, or political subdivision thereot including, any municipality, township or county, or any entity or authority exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, including, any corporation or other entity owned or controlled by any of the foregoing. 1.45 "Green Tag Reporting Rights" are the right of a Green Tag purchaser to report the ownership of accumulated Green Tags in compliance with federal or state law, if applicable, and to a federal or state agency or any other party at the Green Tag purchaser's discretion, and include those Green Tag Reporting Rights accruing under Section 1605(b) of The Energy Policy Act of 1992 and any present or future federal, state, or local law, regulation or bill, and international or foreign emissions trading program. Green Tags are accumulated on MWh basis and one Green Tag represents the Environmental Attributes associated with one (1) MWh of energy. 1.46 Reserved 1.47 Reserved 1.48 "Interconnection" means the interconnection of the Generating Facility with the Transmission System, including construction, installation, operation and maintenance of all Interconnection Facilities. 7 2008 Power Purchase Agreement 1.49 "Interconnection Agreement" means the agreement between Seller and the Transmission Provider pursuant to which Seller and the Transmission Provider set forth the terms and conditions for Interconnection of the Generating Facility to the Transmission Systeml as amended from time to time. 1.50 "Interconnection Facilities!! means all of the facilities installed for the purpose of interconnecting the Generating Facility to the Transmission System, including transformers and associated equipment, relay and switching equipment and safety equipment. 1.51 Jllnterest Rate" means, for any date! the lesser of: (i) the per annum prime lending rate (or reference rate) of interest of the Bank of America NT & SA ., then in effect as may from time to time be published by the Bank of America NT & SA. (or if not published on such day on the most recent preceding day on which published); and (ii) the maximum rate permitted by applicable law. 1.52 "Investment Tax Credits" or "ITC' means investment tax credits under Section 48 of the Internal Revenue Code, as amended from time-to-time during the Term. 1.53 "kWh" means 1,000 Watt-hours of electric energy. 1.54 "Lender(s)" means any Person(s) providing money or extending credit (including any capital lease) to Seller for: (i) the construction of the Generating Facility; or (ii) the term or permanent financing of the Generating Facility. 1.55 "Meters" means the physical metering devices, data processing equipment and apparatus associated with the meters owned by Seller or Transmission Provider or its designee, and used to determine the quantities of Energy generated by the Generating Facility and to record other related parameters required for the reporting of data to Seller in accordance with the requirements of Article 4. 1.56 "Meter Service Agreement for CAISO Metered Entities" has the meaning set forth in the CAISO Tariff. 1.57 "Milestones" means the events that are set forth in Exhibit 7 [Milestones]. 1.58 "MW" means 1,000 Kilowatts of electric energy. 1.59 "MWh" means 1,000 kWh of electric energy. 1.60 "Outage" means a phYSical state in which all or a portion of the Generating Facility is unavailable to provide Energy to the Delivery Point, including any derating or reduction in the capacity of the Generating Facility, whether planned or unplanned. 8 2008 Power Purchase Agreement 1.61 "Output" means (i) the Contract Capacity and associated Energy, and (ii) all Environmental Attributes and Capacity Attributes. 1.62 "Participating Generator Agreement" has the meaning set forth in the CAISO tariff. 1.63 "Parties" means Buyer and Seller, and their respective successors and permitted assignees. 1.64 "Party" means Buyer or Seller, and each such Party's respective successors and permitted assignees. 1.65 "Peak Months" means, collectively, the months of June, July, August and September during each Contract Year. 1.66 "Permits" means, collectively, all federal, state or local authorizations, certificates, permits, licenses and approvals required by any Governmental Authority for the construction, ownership, operation and maintenance of the Generating Facility. 1.67 "Person" means an individual, partnership, corporation (including a business trust), limited liability company, joint stock company, trust, unincorporated association, joint venture, Governmental Authority or other entity. 1.68 "Inter-SC Trades" means the proposed rules for Inter-SC Trade functionality under the CAISO Market Redesign and Technology Upgrade (MRTU) Tariff as filed at FERC under docket no. ER06-615-000. 1.69 "Production Tax Credits" or "PTC" means production tax credits under Section 45 of the Internal Revenue Code, as amended from time-to-time during the Term. 1.70 "Prudent Utility Practice" means those practices, methods and equipment, as changed from time to time, that: (i) when engaged in, or employed, are commonly used in the State of California in prudent electrical engineering and operations to operate electricity equipment lawfully and with safety, reliability, efficiency and expedition; or (ii) in the exercise of reasonable judgment considering the facts known, when engaged in could have been expected to achieve the desired result consistent with applicable law, safety, reliability, efficiency and expedition. Prudent Utility Practices are not limited to an optimum practice, method, selection of equipment or act, but rather are a range of acceptable practices, methods, selections of equipment or acts. 1.71 "Resource Adequacy Benefits" means the rights and privileges attached to any generating resource that satisfy any entity's resource adequacy obligations. 9 2008 Power Purchase Agreement 1.72 "Requirements of Law' means, collectively, any federal or state law, treaty, franchise, rule, regulation, order, writ, judgment, injunction, decree, award or determination of any arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon Seller or Buyer or any of their property or to which Seller or Buyer or any of their respective properties are subject. 1.73 "RPS" or "Renewable Portfolio Standard Program" has the meaning set forth in the recitals of this Agreement. 1.74 "Schedule" or "Scheduling" means the actions of Seller, Buyer and/or their designated representatives, including each Party's Transmission Providers, if applicable, of notifying, requesting and confirming to each other the quantity of Energy to be delivered on any given day or days hereunder during the Term at the Delivery Point. 1.75 "Scheduling Coordinator (SC)" means an entity certified by the CAISO for the purposes of undertaking the responsibilities specified by CAISO Tariff Section 2.2.6, as amended from time-to-time. 1.76 "Seller" has the meaning set forth in the preamble of this Agreement. 1.77 "Site" means the real property on which the Generating Facility is to be built and located, as more particularly described in Exhibit 2 [Description of Generating Facility]. 1.78 "Site Control" means the point at which Seller satisfies one or more of the following conditions: (i) Seller is (a) the lessee under a lease, or (b) the grantee under an exclusive easement, in each case with the owner of the Site that allows Seller to construct and operate the Generating Facility at the Site during the Term in accordance with this Agreement; (ii) Seller has a fee ownership of the Site; or (iii) any other form of site control acceptable to Buyer in its reasonable discretion. 1.79 "Taxes" means any federal, state, local or foreign income, gross receipts, license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, environmental, customs duties, capital stock, franchise, profits, withholding, social security (or similar), unemployment, disability, real property (including assessments, fees or other charges based on the use or ownership of real property), personal property, transactional, sales, use, transfer, registration, value added, alternative or add on minimum, estimated tax, or other tax of any kind whatsoever, or any liability for unclaimed property or escheatment under common law principles, including any interest, penalty or addition thereto, whether disputed or not, including any item for which liability arises as a transferee or successor-in-interest. 1.80 "Term" has the meaning set forth in Section 2.1. 10 2008 Power Purchase Agreement 1.81 "Test Energy" means Energy generated by the Generating Facility prior to the Commercial Operation Date. 1.82 "Transmission Provider" means any entity or entities responsible for the Interconnection of the Generating Facility with a Control Area or transmitting Energy on behalf of Seller from the Generating Facility to the Delivery Point and on behalf of Buyer from the Delivery Point. 1.83 IJTransmission System" means the facilities used for the transmission of electricity in interstate commerce, including any modifications or upgrades made to such facilities, owned or operated by the Transmission Provider. 1.84 IIWREGIS" means the Western Renewable Energy Generation Information System, or any successor renewable energy tracking system for implementing California's Renewables Portfolio Standard. 11 2008 Power Purchase Agreement ARTICLE 2: TERM, TERMINATION AND SURVIVAL OF OBLIGATIONS 2.1 Effective Date and Term This Agreement shall become effective on the Effective Date and, shall continue until the day before the twentieth (20th) year anniversary of the Commercial Operation Date, unless extended or terminated pursuant to this Agreement. ("Term"). 2.2 Effect of Termination -Survival of Obligations (a) Upon expiration or termination of this Agreement, neither Party shall have future or further rights or obligations under this Agreement, except as provided in Section 2.2(b) below. (b) Survival of Obligations. The following rights, obligations or provisions shall survive termination or expiration of this Agreement: (i) obligations by one Party to the other for payment of any amounts, or for performance of any duties, that have accrued or arose prior to, or have directly resulted from, the expiration or termination of this Agreement; (ii) indemnity obligations contained in Section 9.4, which shall survive to the full extent of the statute of limitations period applicable to any third party claim; (iii) limitation of liability provisions contained in Section 11.18; (iv) for a period of one (1) year after the expiration or termination date, the right to dispute an invoice pursuant to Section 5.1(b); or (v) the obligations under Section 11.5. ARTICLE 3: PURCHASE AND SALE 3.1 Purchase and Sale of Output (a) In accordance with the terms and conditions hereof, commencing on the Commercial Operation Date and continuing throughout the Term, Seller shall sell, exclusively from the Generating Facility, to Buyer and deliver at the Delivery Point, and Buyer shall purchase and accept from Seller at the Delivery Point, and pay the Contract Price of ninety-eight dollars ($98.00) as set forth in 12 2008 Power Purchase Agreement Exhibit 4 [Contract Price], for all of the Delivered Quantity from the Generating Facility. (b) Buyer, at Seller's request shall purchase Test Energy during the plant startup phase, provided Seller appoints Buyer as its Scheduling Coordinator (SC). Buyer shall pay Seller $88 per MWh of Test Energy delivered. In the event the CAISO imposes any costs or penalties on Buyer for failure to meet Buyer's + / -3% Deviation Band for all of Buyer's scheduled resourcesl Seller agrees to compensate Buyer for the proportionate share of such costs or penalties attributable to Seller's failure to deliver the Test Energy scheduled from the Generating Facility. (c) Scheduled and Delivered Amounts. Following the Commercial Operation Datel Seller shall use good faith efforts to ensure that the amounts Scheduled hereunder match the amounts generated by the Generating Facility. Notwithstanding anything herein to the contrary, the Parties acknowledge that, because of the scheduling requirements of the CAISOI Scheduled deliveries and metered generation may be unequal during any period. 3.2 Delivery Point (a) Allocation of Costs and Risks. Seller shall be responsible for any costs or charges imposed on or associated with the Output or the delivery of the Output hereunder up to and at the Delivery Point. Buyer shall be responsible for any costs or charges imposed on or associated with the Outputl or its receiptl after the Delivery Point. (b) Title and Risk of Loss. Title tOI and risk of loss related tOI the Output shall transfer from Seller to Buyer after at the Delivery Point. 3.3 Environmental Attributes and Capacity Attributes (a) Generally. Throughout the Terml Seller shall transfer to Buyerl and Buyer shall receive from Seller, all rights, titles and interest in and to the Environmental Attributes and Capacity Attributes, if any, whether now existing or subsequently generated or acquired (other than by direct purchase from a third party) by Seller, or that hereafter come into existence, during the Term, as a component of the Output purchased by Buyer from Seller hereunder. Seller agrees to transfer and make such Environmental Attributes and Capacity Attributes available to Buyer immediately to the fullest extent allowed by applicable law upon Seller's production or acquisition of the Environmental Attributes and Capacity Attributes. Seller agrees that the Contract Price is the full compensation for all Energy, Environmental Attributes, and Capacity Attributes. 13 2008 Power Purchase Agreement (b) No Assignment. Seller shall not assign, transfer, convey, encumber, sell or otherwise dispose of any portion of the Environmental Attributes and Capacity Attributes to any Person other than Buyer. (c) RPS Compliance. Before delivery of any Energy hereunder, Seller shall cause: (i) the Generating Facility to be certified by the appropriate entity having jurisdiction as an ERR for purposes of the RPS legislation; and (ii) all Output delivered to Buyer from the Generating Facility to qualify as output of an ERR for purposes of the RPS legislation. Seller shall ensure that the Generating Facility maintains ERR status throughout the Term of this Agreement. Seller shall cooperate reasonably with Buyer and provide such certifications or attestations to Buyer as are reasonably necessary to verify that all Environmental Attributes attributable to the Energy have been transferred to Buyer. (d) Reporting Rights. During the Term, Seller shall not report to any Person that the Environmental Attributes and Capacity Attributes granted hereunder to Buyer belong to anyone other than Buyer, and Buyer may report under any program that such attributes purchased hereunder belong to it. (e) Attestation. Seller shall be responsible for complying, at its own expense, with requests for information associated with the Western Renewable Energy Generation Information System (nWREGIS") and/ or another entity, if any, that Buyer uses to verify its renewable energy purchases and that requires registration, inspections, certification or other evidence of the capability of the Project to produce Environmental Attributes or evidence of the quality and/ or quantity of such Environmental Attributes produced. Seller shall document the production of Environmental Attributes under this Agreement by delivering with each invoice to Buyer an attestation for Environmental Attributes produced by the Generating Facility and purchased by Buyer in the preceding calendar month. On or before March 31st of each year following a Contract Year, Seller shall document the transfer of Environmental Attributes to Buyer under this Agreement by delivering to Buyer an attestation for Environmental Attributes transferred under this Agreement in the preceding Contract Year. The form of attestation is set forth as Exhibit 11 [Form of Attestationl. Exhibit 11 [Form of Attestation] shall be updated or changed by the Parties as necessary to ensure that Buyer receives full and complete title to, and the ability to record with any EA Agency as its own, all of the Environmental Attributes purchased hereunder. (f) Documentation. At Buyer's request, the Parties, each at their own expense, shall execute all such documents and instruments in order to effect the transfer of the Environmental Attributes specified in this Agreement to Buyer or its designees, as Buyer may reasonably request. Upon notification by an EA Agency that any transfers contemplated by this Agreement will not be recorded, the Parties shall promptly cooperate in taking all reasonable actions necessary so 14 2008 Power Purchase Agreement that such transfer can be recorded. Each Party shall promptly give the other Party copies of all documents it submits to the EA Agency to effectuate any transfers. 3.4 Tax Credits Buyer agrees and acknowledges that all PICs, ITCs and other tax credits/ incentives in effect on the Effective Date shall be owned by Seller and/ or the owners of the Site. In the event that the value of such credits/incentives applicable to the Generating Facility or the Output is increased after the Effective Date and during the Term of the Agreement, Seller agrees to share with Buyer twenty-five percent (25%) of the increased value of such credits/incentives realized by Seller or its affiliates with respect to the Generating Facility or the Output. 3.5 Right of First Refusal for Purchase of Expansion Plant Output (a) Buyer's Right to Purchase. Seller may in its sole discretion determine, from time to time, during the Term to develop, finance, construct and/ or operate an Expansion Plant. Each time such a determination is made, Seller shall notify Buyer of such determination and shall offer in writing to sell the Expansion Plant Output to Buyer at a contract price to be determined by the offer and the acceptance. The offer shall include the price to be paid by Buyer for the Expansion Plant Output, and the term of the proposed Power Purchase Agreement (/lpp A"). The PP A shall otherwise conform to the terms and conditions of this Agreement. If Buyer wishes to accept such offer to purchase all (or a portion) of the Expansion Plant Output, Buyer shall so notify Seller within sixty (60) days of its receipt of such offer. The Parties shall promptly thereafter enter into a definitive PPA incorporating the terms of such offer. Until such an Expansion Plant PP A is executed, Seller's proposal accepted by Buyer (including any modifications agreed upon in writing by both Parties), shall control all dealings between the Parties relating to the Expansion Plant. (b) Seller's Right to Sell to Third Parties. If Buyer does not accept Seller's offer to purchase all of the Expansion Plant Output within ninety (90) days of receipt of Seller's offer, Seller shall be free to offer to sell that portion of the Expansion Plant Output not accepted by Buyer to one or more third parties at a price and on other terms and conditions which, taken as a whole, are at least as favorable to Seller as the price and other terms and conditions set forth in Seller's offer to Buyer. H Buyer does not purchase the Expansion Plant Output and Seller sells such Expansion Plant Output to a third party, it shall promptly certify in writing to Buyer that the terms and conditions of sale of such Expansion Plant Output to such third party, taken as a whole, are at least as favorable to Seller as the price and other terms and conditions set forth in Seller's offer to Buyer, and 15 2008 Power Purchase Agreement Seller shall provide the relevant contract and any other supporting documentation for such certification. Upon the sale of such Expansion Plant Output in compliance with this Agreement, Buyer shall have no further rights to be offered or to purchase such Expansion Plant Output. Buyer's refusal of Expansion Plant Output from one Expansion Plant shall not affect Buyer's right to purchase the Expansion Plant Output from a later Expansion Plant under the terms of this Agreement. Seller shall not sell nor provide Buyers Expansion Plant Output to any third party unless it can do so without compromising in any material way its ability to provide the Output to Buyer hereunder. The materiality of any such impact shall be determined by Buyer in its reasonable discretion. ARTICLE 4: METERING 4.1 Metering Requirements (a) Meters. The transfer of Energy from Seller to Buyer shall be measured by CAISO certified revenue quality Meters at the Delivery Point or corrected to the Delivery Point Such Meters shall be selected, provided, installed, owned, maintained and operated, at Seller's sole cost and expense, by Seller or its designee in accordance with the CAISO Tariff. Seller shall exercise reasonable care in the maintenance and operation of the Meters, and shall test and verify the accuracy of each Meter at least annually. Seller shall inform Buyer in advance of the time and date of these tests, and shall permit Buyer to be present at such tests and to receive the results of such tests. (b) SCADA. Seller shall install and maintain all equipment and data circuits necessary to determine and transmit real time supervisory control and data acquisition ("SCADA") system data and real time data from the Meters to the CAISO. Seller shall provide to Buyer a copy of each certificate of compliance issued by CAISO, if any. (c) Access by Buyer. Buyer, at its discretion, shall be provided access to all monitored SCADA points to be used for real time monitoring. Buyer may further, at its sole cost and expense, install any updates or upgrades to the Meters, as well as install and maintain check meters and all associated measuring equipment necessary to permit an accurate determination of the quantities of Energy delivered under this Agreement, provided that such equipment does not interfere with Seller's Meters. Seller shall permit Buyer or Buyers representative access to its Generating Facility for the purpose of installing and maintaining such check meters. (d) ISO Requirements. Seller shall submit to the CAISO, or allow the CAISO to retrieve, any meter data required by the CAISO related to the Generating 16 2008 Power Purchase Agreement Facility and its Output in accordance with the CAISO's settlement and billing protocol and meter data tariffs. 4.2 Meter Inaccuracies and Retroactive Adjustments If a Meter fails to register, or if the measurement made by a Meter is found upon testing to be inaccurate by an amount exceeding plus or minus one percent (1 %), an adjustment shall be made correcting all measurements made by the inaccurate or defective Meter during the Adjustment Period. If the Parties are unable to agree on the amount of the adjustment to be applied to the Adjustment Period, the amount of the adjustment shall be determined: (i) by correcting the error if the percentage of error is ascertainable by calibration, tests or mathematical calculation, or (ii) if not so ascertainable, by estimating on the basis of the deliveries under similar conditions during periods when the Meter was registering accurately. Upon the determination of the amount of any adjustment and upon acceptance of such adjustment by the CAISO, if applicable, Buyer shall pay to Seller any additional amounts then due for deliveries of Output during the Adjustment Period at such time as other payments are due for the billing period in which the determination is made, or Buyer shall be entitled to a credit against the next subsequent payments due for the deliveries of Output, whichever case is applicable. The Parties agree to abide by protocols under the CAISO Tariff for handling Meter inaccuracies. 4.3 Records and Audits Seller and Buyer shall each keep complete and accurate records and all other data required by each Party for the purposes of proper administration of this Agreement! including such records as may be required by state or federal regulatory authorities. To facilitate payment and verification! Seller and Buyer shall keep all books and records necessary for billing and payments and grant the other Party reasonable access to those records. Seller and Buyer! at their own expense! shall have the right to audit and to examine the billing and operating records and data kept by the other Party relating to the transactions under! and the administration ot this Agreement at any time during normal business hours throughout the Term of this Agreement and for two (2) years thereafter. All such records and data shall be maintained by each Party throughout the Term of this Agreement and for a period of not less than two (2) years following the termination hereof. All such audits and examinations shall be conducted upon reasonable notice and during normal business hours. 17 2008 Power Purchase Agreement ARTICLE 5: BILLING AND PAYMENT 5.1 Billing (a) Seller shall provide to Buyer on or before the tenth (10th) day of the following month: (i) An invoice based upon the Energy produced and delivered to the Delivery Point in such previous calendar month. (ii) The corresponding attestation pursuant to Exhibit 11 [Form of Attestation]. Such invoice shall be delivered as specified under Section 11.1. (b) Disputes over Invoice. Should either Seller or Buyer determine at a later date, but in no event later than one (1) year after the original invoice date, that the invoice amount was incorrect, that Party shall promptly notify the other Party of the error. In the event that an invoice or portion thereof, or any other claim or adjustment arising hereunder, is disputed, payment of the undisputed portion of the invoice shall be required to be made when due, with notice of the objection given to the other Party. Payment of the disputed amount shall not be required until the dispute is resolved. Upon resolution of the dispute, any required payment shall be made within thirty (30) Business Days of such resolution along with interest accrued at the Interest Rate from, and including, the due date to, but excluding the date paid. Inadvertent overpayments by Buyer shall be returned upon request or deducted by Seller from subsequent payments, with interest accrued at the Interest Rate from, and including, the date of such overpayment to, but excluding the date repaid or deducted by, Seller. Any dispute with respect to an invoice is waived unless the other Party is notified in accordance with this Section 5.1(b) within one (1) year after the invoice is rendered or any specific adjustment to the invoice is made. If an invoice is not rendered within one (1) year after the close of the month during which performance occurred, the right to payment for such performance is waived. Failure of Buyer or its agent to withhold any payment amount is not a waiver of Buyer's right to challenge such amount. 5.2 Payment (a) Subject to Section 5.1(b), all invoices under this Agreement shall be due and payable on the twentieth (20th) day of the month in which the invoice was received or the tenth (10th) day after receipt of the invoice which ever is later or, if such day is not a Business Day, then on the next Business Day. Each Party shall make payments by electronic funds transfer as set forth in Exhibit 12 18 2008 Power Purchase Agreement [Payment/Wire Instructionst or by other mutually agreeable method(s), to the account designated by the other Party. (b) Late Payments and Interest Rate. Payments made after the due date shall be considered late and shall bear interest on the unpaid balance at an annual rate equal to two percent (2%) plus the Interest Rate. Interest shall be computed on the basis of a three hundred sixty five (365) -day year. 5.3 Netting of Payments The Parties hereby agree that they shall discharge debts and payment obligations due and owing to the other on the same date through netting, in which case all amounts owed by each Party to the other for the purchase and sale of Output during the monthly billing period under this Agreement, including any related damages, interest, and payments or credits, shall be netted so that only the excess amount remaining due shall be paid by the Party who owes it. 5.4 Allocation of Taxes Seller shall payor cause to be paid all Taxes on or with respect to the Output sold and delivered hereunder arising at, or prior to, the Delivery Point. Buyer shall payor cause to be paid all Taxes on or with respect to the Output purchased and received from the Delivery Point (other than ad valorem, franchise or income taxes which are related to the sale of the Output and are, therefore, the responsibility of Seller). In the event Seller is required by law or regulation to remit or pay Taxes which are Buyer's responsibility hereunder, Buyer shall promptly reimburse Seller for such Taxes. If Buyer is required by law or regulation to remit or pay Taxes which are Seller's responsibility hereunder, Buyer may deduct the amount of any such Taxes from the sums due to Seller under this Agreement. Nothing shall obligate or cause a Party to payor be liable to pay any Taxes for which it is exempt under the law. ARTICLE 6: CREDIT REQUIREMENTS 6.1 Financial Information If requested by one Party, the other Party shall deliver: (i) within one hundred and eighty (180) days following the end of each fiscal year, a copy of the other Party's annual report containing audited consolidated financial statements for such fiscal year, and (ii) within sixty (60) days after the end of each of its first three (3) fiscal quarters of each fiscal year, a copy of the other Party's quarterly report containing unaudited consolidated financial statements for such fiscal quarter. In all cases the statements shall be for the most recent accounting period 19 2008 Power Purchase Agreement and prepared in accordance with GAAP; provided, however, that should any such statements not be available on a timely basis due to a delay in preparation or certification, such delay shall not be an Event of Default so long as the other Party diligently pursues the preparation, certification and delivery of the statements. In the event that such Party does not prepare audited financial statements, such Party shall provide financial statements prepared in accordance with GAAP demonstrating its financial condition in form and substance reasonably acceptable to the other Party. ARTICLE 7: SELLER'S ADDITIONAL OBLIGATIONS During the Term of this Agreement, Seller hereby agrees to perform the following obligations, in addition to Seller's obligations pursuant to Articles 3, 4, 5, and 6: 7.1 Construction, Operation and Maintenance of the Generating Facility (a) Generally. Seller shall develop, finance, construct, own, operate, and maintain the Generating Facility in accordance with this Agreement, all Requirements of Law, Contractual Obligations, Permits and Prudent Utility Practice. (b) Compliance. Seller shall, in its own name and at its own expense, seek, obtain, maintain, comply with and, as necessary, renew and modify from time to time, all Permits and other authorizations that are required by any Requirements of Law or Governmental Authority as are necessary for Seller to engage in the activities and obligations required by the Agreement. (c) Records. Seller shall keep complete and accurate operating and other records and all other data for the purposes of proper administration of this Agreement as reasonably required by Buyer, including such records as may be required by any Governmental Authority or Prudent Utility Practice. (d) Disclosure. Seller shall provide to Buyer such information regarding the permitting, engineering, construction or operations of the Generating Facility as Buyer may from time to time reasonably request, subject to licensing or other restrictions of Seller or a third party with respect to confidentiality, disclosure or use. (e) Insurance. Seller shall obtain and maintain the policies of insurance in amounts and with coverage as set forth in Exhibit 15 [Seller's Insurance Informationl. 20 2008 Power Purchase Agreement 7.2 Milestones (a) Generally. Seller covenants that it will diligently pursue all Milestones set forth in Exhibit 7 [Milestones], including the Commercial Operation Date. The Parties agree that time is of the essence in connection with the completion of the Generating Facility, and for achieving Commercial Operation, and that certain Milestones for the development, financing and construction of the Generating Facility must be achieved in a timely fashion or Buyer shall suffer damages. Seller shall achieve the Milestones by the corresponding dates set forth in Exhibit 7 [Milestones J. (b) Monthly Reports. Starting on the Effective Date, Seller shall provide to Buyer monthly progress reports concerning the progress towards completion of the Milestones. In addition, within five (5) Business Days of the completion of each Milestone, Seller shall provide a certification to Buyer (along with any supporting documentation) demonstrating the satisfaction of such Milestone. Seller shall provide to Buyer additional information concerning Seller's progress towards, or confirmation ot achievement of the Milestones, as Buyer may reasonably request from time to time. (c) Notice of Failure To Achieve a Milestone. Upon becoming aware that Seller wilt or is reasonably likely to, fail to achieve one or more Milestone(s) by the required date, for any reason including a Force Majeure Event, Seller shall so notify Buyer in writing as soon as is reasonably practicaL Such notice shall explain the cause of the delay, provide an updated date for achievement of the Milestone(s), and describe Seller's plan for meeting such Milestone(s). Seller's notice will also explain any impact such delay mayor will have on any other Milestone, and the measures to be taken to mitigate such impact. (d) Failure To Achieve Milestone. In the event that Seller fails to meet any Milestone by the applicable NIilestone deadline as set forth in Exhibit 7 [Milestones]' as such deadline may be extended as a result of a Force Majeure Event in accordance with Section 7.2(e), Seller shall be liable for Delay Liquidated Damages for each full month (with parts of a month pro rated) that Seller is late in satisfying the Milestone. So long as Seller is paying such Delay Liquidated Damages on a monthly basis Buyer shall not be permitted to terminate this Agreement, provided that in no event shall the combined extensions by payment of Delay Liquidated Damages for any or all of the Milestones exceed eighteen (18) months. If any Milestone has not been satisfied within eighteen (18) months following the relevant Milestone deadline, or if for any reason Seller fails to pay, or discontinues paying, the monthly Delay Liquidated Damages provided for above, Seller shall have committed an Event of Default. The eighteen (18) month period referred to in the prior sentence shall not be extended as a result of a Force Majeure Event. 21 2008 Power Purchase Agreement (e) Force Majeure Event. In the event that a Force Majeure Event causes any delay in the achievement of a Milestone, such Milestone's deadline may be extended, together with any Force Majeure Event extensions for other Milestones, for a period not to exceed, in the aggregate, six (6) months. The extension of the deadline for any Milestone shall extend the deadline for all subsequent Milestones, provided that in no event shall the combined extensions for Force Majeure Events for any or all of the Milestones exceed six (6) months. The extension provided for in this Section 7.2(e) shall be the only effect of a Force Majeure Event on Seller's obligations with respect to the Milestones. (f) Waiver of Right. Buyer may, at its discretion, grant waivers for Seller's failure to meet any of the Milestones, but in no way shall any such waiver constitute a waiver of any future failures by Seller to meet other Milestones. ' 7.3 Commercial Operation Performance Tests No later than fourteen (14) days prior to conducting its Commercial Operation Performance Tests in accordance with Exhibit 3 [Commercial Operation Performance Tests] Seller shall notify Buyer of the date on which it intends to conduct such tests. Within seven (7) days of the successful completion of Seller's Commercial Operation Performance Tests, Seller shall provide to Buyer written notification of the Commercial Operation Date, including any relevant data demonstrating that Commercial Operation has occurred. Buyer has the right to be present during any Commercial Operation Performance Test, and to receive all information, including meter and performance data associated with such tests. Seller may change the date for such tests upon written notice to Buyer, provided that Buyer has at least fourteen (14) days notice of the date of such tests. 7.4 Performance Guaranties (a) Availability. Seller shall provide to Buyer an account of Availability on a monthly basis. At the end of the Contract Year, Buyer shall calculate Availability for the Contract Year. If the Availability, adjusted for Force Majeure Events, for the year is at or above 90%, irrespective of the fluctuations from month to month, there will not be any Availability Shortfall Damages due from Seller to Buyer. In the event, the Availability, adjusted for Force Majeure Events, is below 90% for the Contract Year, Seller shall pay Buyer the Availability Shortfall Damages. The Availability Shortfall Damages shall be calculated by comparing the Contract Capacity, adjusted for Force Majeure Events, against the Delivered Quantity for that month. Only the months where the Availability was less than 90% will be subject to the Availability Shortfall Damages. The difference between the Contract Capacity, adjusted for Force Majeure Events, and the Delivered Quantity for that month multiplied by five dollars ($5) will be the amount of the 22 2008 Power Purchase Agreement Availability Shortfall Damages. The total of the Available Shortfall Damages for the Contract Year will reflect the amount Seller will be obligated to pay to Buyer. Buyer shall send an invoice to Seller reflecting the amount due, and Seller shall make the payment to Buyer within 30 days of the invoice date (An example of how the Availability Shortfall Damages are to be calculated as set forth in the attached Exhibit 14 [Example of Availability Shortfall Damages]). (b) Limitations. The Parties recognize and agree that (i) the actual damages to Buyer for a failure by Seller to meet the required Availability are difficult or inconvenient to determine, (ii) payment of amounts by Seller pursuant to this Section 7.4 is an appropriate remedy, and (iii) any such payment does not constitute a forfeiture or penalty of any kind, but rather constitutes anticipated costs to Buyer under the terms of this Agreement. 7.5 Obligation to Schedule and Deliver (a) Scheduling. Immediately following the Effective Date, the Parties will meet and negotiate in good faith the terms and conditions of an agreement whereby NCP A shall act as Scheduling Coordinator for Seller. In the event the Parties are unable to agree on the terms and conditions of such an agreement, Seller shall provide Buyer with written notice of its Scheduling Coordinator, and the Parties shall thereafter make reasonable efforts to comply with applicable CAISO requirements and the provisions of Exhibit 10 [Operations Forecasts and Scheduling Protocols 1. (b) Agreement with Transmission Provider. Seller shalt at its own cost and expense, negotiate and enter into an Interconnection Agreement and such other agreements with the Transmission Provider as needed to enable Seller to transmit Energy to the Delivery Point. (c) Agreements with CAISO. Seller shalt at its own cost and expense, negotiate and enter into any agreements with the CAISO required by the CAISO for generators delivering power into the CAISO-controlled grid, including a Meter Service Agreement for CAISO Metered Entities and a Participating Generator Agreement. (d) Start-ups and Shut-downs. Seller shall coordinate all Generating Facility start-ups and shut-downs, in whole or in part, with Buyer in accordance with CAISO scheduling protocols and the reasonable protocols established by Buyer that are not inconsistent with the CAISO Tariff and CAISO procedures, as specified in Exhibit 10 [Operations Forecasts and Scheduling Protocols]. 23 2008 Power Purchase Agreement 7.6 Modifications to the Generating Facility Seller shall obtain Buyer's written consent, which shall not be unreasonably withheld or delayed, prior to making any modifications to the Generating Facility that are likely to adversely affect Seller's or Buyer's ability to perform its obligations under this Agreement, including the delivery of the Expected Annual Contract Quantity and meeting the Availability requirements of Section 7.4. Any such modifications shall be conducted in accordance with Prudent Utility Practice and all applicable laws and reliability criteria, as such may be amended from time to time. ARTICLE 8: FORCE MAJEURE 8.1 Force Majeure Events (a) Definition. "Force Majeure Event" may include, subject to Section 8.1(a) above and (c) below: (i) acts of God such as storms, floods, lightning and earthquakes; (ii) sabotage or destruction by a third party of facilities and equipment relating to the performance by the affected Party of its obligations under this Agreement; (iii) Transmission System or generating equipment failure; (iv) war, riot, acts of a public enemy or other civil disturbance; (v) strike, walkout, lockout or other significant labor dispute; (vi) curtailment by the CAISO, or its successor, but only to the extent that the CAISO declares a "Force Majeure" under the CAISO Tariff; or (vii) failures or delays by the Transmission Provider or the CAISO in entering into, or performing under, all agreements with Seller contemplated by this Agreement. (b) Exclusion. "Force Majeure Event" does not include the following: (i) economic hardship of either Party; (ii) an Outage, except if caused directly by an event or circumstance that meets the requirements set forth in this Section 8.1; 24 2008 Power Purchase Agreement (iii) failure or delay in the granting of Permits; (iv) curtailment or interruption of transmission services, other than by the CAISO where the CAISO declares a "Force Majeure" under the CAISO Tariff. (c) Excuse. Subject to Section 8.2 below, and except as expressly set forth herein, neither Party shall be considered in default under this Agreement for any delay or failure in its performance under this Agreement (including any obligation to deliver or accept Output) if such delay or failure is due to a Force Majeure Event, but only to the extent that: (i) such Force Majeure Event is not attributable to fault or negligence on the part of that Party; (ii) such Force Majeure Event is caused by factors beyond that Party's reasonable control; and (iii) despite taking all reasonable technical and commercial precautions and measures to prevent, avoid, mitigate or overcome such event and the consequences thereof, the Party affected has been unable to prevent, avoid, mitigate or overcome such event or consequences. 8.2 Conditions In addition to the conditions set forth in Section 8.1(a) above, a Party may rely on a claim of a Force Majeure Event to excuse its performance only to the extent that such Party: (i) provides prompt notice of such Force Majeure Event to the other Party, giving an estimate of its expected duration and the probable impact on the performance of its obligations under this Agreement; (ii) exercises all reasonable efforts to continue to perform its obligations under this Agreement; (iii) expeditiously takes action to correct or cure the event or condition excusing performance so that the suspension of performance is no greater in scope and no longer in duration than is dictated by the problem; provided, however, that settlement of strikes or other labor disputes shall be completely within the sole discretion of the Party affected by such strike or labor dispute; (iv) exercises all reasonable efforts to mitigate or limit damages to the other Party; and 25 2008 Power Purchase Agreement (v) provides prompt notice to the other Party of the cessation of the event or condition giving rise to its excuse from performance. 8.3 Termination Due To Force Majeure Event In addition to and without limiting any other provisions of this Agreement, if a Party is prevented from performing its material obligations under this Agreement for a period of either (i) three hundred and sixty five (365) consecutive days or more, or (ii) seven hundred and thirty (730) non-consecutive days or more (whether full or partial days), the unaffected Party may terminate this Agreement, without liability of either Party to the other, upon thirty (30) days written notice at any time during the Force Majeure Event. ARTICLE 9: DEFAULTjREMEDIES/TERMINATION 9.1 Events of Default Generally An "Event of Default" shall mean, with respect to each Party, the occurrence of any of the following: (i) the failure to make, when due, any payment required pursuant to this Agreement if such failure is not remedied within thirty (30) Business Days after written notice; (ii) any representation or warranty made by such Party herein is false or misleading in any material respect when made or when deemed made or repeated; (iii) the failure to perform any material covenant or obligation set forth in this Agreement (except to the extent constituting a separate Event of Default, and except for the obligations set forth in Section 7.4, the exclusive remedies for which are provided in such Section) if such failure is not remedied within thirty (30) days after written notice (provided that if such failure is not capable of being remedied within such period, then for such longer period as is reasonably needed to effect the remedy, not to exceed one-hundred-eighty (180) days, so long as the failing Party diligently pursues such remedy); (iv) the initiation of an involuntary proceeding against such Party under the bankruptcy or insolvency laws, which involuntary proceeding remains undismissed for sixty (60) days, or in the event of the initiation by such Party of a voluntary proceeding under the bankruptcy or insolvency laws; 26 2008 Power Purchase Agreement (v) such Party consolidates or amalgamates with, or merges with or into, or transfers all or substantially all of its assets to, another entity and, at the time of such consolidation, amalgamation, merger or transfer, the resulting, surviving or transferee entity fails to assume all the obligations of such Party under this Agreement to which it or its predecessor was a party by operation of law or pursuant to an agreement reasonably satisfactory to the other Party; or 9.2 Additional Events of Default by Seller In addition to the Events of Default in Sections 7.2 and 9.1 above, the following shall each constitute an "Event of Default" by Seller: (i) Seller Schedules and/or delivers to Buyer energy or other product from a resource other than the Generating Facility specified in this Agreement; (ii) Seller sells or transfers Buyer's share of the Output (or any individual component thereof) to any Person other than Buyer. 9.3 Remedies; Termination for Default (a) Termination for Default. In the event the defaulting Party fails to cure the Event of Default within the period for curative action under Sections 9.1 or 9.2, as applicable, the non-defaulting Party may terminate the Agreement by notifying the defaulting Party in writing of (i) the decision to terminate, and (ii.) the effective date of the termination. (b) Remedies. For all claims, causes of action and damages with respect to an Event of Default, in addition to the right to termination under Section 9.3(a), the non-defaulting Party shall be entitled to foreclose upon, or otherwise employ, any security provided by the defaulting Party, and to recover actual damages allowed by law unless otherwise limited by this Agreement. Neither the enumeration of Events of Default in Sections 9.1 and 9.2, nor the termination of this Agreement by a non-defaulting Party pursuant to Section 9.3(a), shall limit the right of a non-defaulting Party to rights and remedies available at law, including claims for breach of contract or failure to perform by the other Party and for direct damages incurred by the non-defaulting Party as a result of the termination of this Agreement. (c) Limitations. Except as otherwise specifically and expressly provided in this Agreement, neither Party shall be liable to the other under this Agreement for any indirect, special or consequential damages, including loss of use, loss of revenues, loss of profit, interest charges, cost of capital or claims of its customers or members to which service is made. Under no circumstances shall the non- 27 2008 Power Purchase Agreement defaulting Party be required to make a termination payment or other payment in respect of any damages to the defaulting Party (except for payments due under this Agreement for performance prior to termination). 9.4 Indemnification Seller and Buyer agree to defendl indemnifYI and hold each otherl and their respective officersl directorsl employees and agentsl harmless from and against all claimsl demandsl lossesl liabilitiesl and expenses (including reasonable attorneys' fees) (collectively, I'Damagesll ) for personal injury or death to persons and damage to each other!s physical property or facilities or the property of any other Person to the extent arising out ot resulting from, or caused by the negligent or intentional and wrongful actsl errorsl or omissions of the indemnifying Party. This indemnification obligation shall apply notwithstanding any negligent or intentional acts, errors or omissions of the indemnitees but the indemnifying Party's liability to pay Damages to the indemnified Party shall be reduced in proportion to the percentage by which the indemnitees' negligent or intentional acts, errors or omissions caused the Damages. N either Party shall be indemnified for its Damages resulting from its sole negligence or willful misconduct. These indemnity provisions shall not be construed to relieve any insurer of its obligation to pay claims consistent with the provisions of a valid insurance policy. ARTICLE 10: REPRESENTATIONS, WARRANTIES AND COVENANTS 10.1 Seller's Representations, Warranties and Covenants Seller represents, warrants and covenants to Buyer that as of the Effective Date: (i) Seller is duly organized and validly existing as a corporation under the laws of the State of California, and has the lawful power to engage in the business it presently conducts and contemplates conducting in this Agreement and Seller is duly qualified in each jurisdiction wherein the nature of the business transacted by it makes such qualification necessary; (ii) Seller has the legal power and authority to make and carry out this Agreement and to perform its obligations hereunder; all such actions have been duly authorized by all necessary proceedings on its part. As of the Commercial Operation Date, (a) the Generating Facility is a II qualifying small power production facility" as that term is defined in Section 3(17)(C) of the Federal Power Act, and will possess all of the exemptions from regulation provided in 18 C.F.R. Sections 28 2008 Power Purchase Agreement 292.601(c) and 292.602; or (b) Seller has market-based rate authority, and has made all filings required in connection with this Agreement, under Federal Power Act; (iii) throughout the Term: (a) the Generating Facility will qualify and be certified by the CEC as an ERR under the rules and requirements in effect as of the Effective Date; and (b) the Output delivered to Buyer will qualify as output from an ERR under the requirements of the RPS in effect as of the Effective Date; (iv) this Agreement has been duly and validly executed and delivered by Seller and, as of the Effective Date, constitutes a legal, valid and binding obligation of Seller, enforceable in accordance with its terms against Seller, except to the extent that its enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the rights of creditors generally or by general principles of equity; (v) there are no actions, suits, proceedings or investigations pending or, to the knowledge of Seller, threatened in writing against Seller, at law or in equity before any Governmental Authority, which individually or in the aggregate are reasonably likely to have a materially adverse effect on the business, properties or assets or the condition, financial or otherwise, of Seller, or to result in any impairment of Seller's ability to perform its obligations under this Agreement; (vi) Seller will deliver to Buyer at the Delivery Point the Output free and clear of all liens, security interests, claims and encumbrances or any interest therein, or thereto, by any Person; (vii) Seller holds and will hold throughout the Term, the rights to all Environmental Attributes and Capacity Attributes, which it has conveyed and has committed to convey to Buyer hereunder; and (viii) the execution, delivery and performance of this Agreement by Seller will not conflict with its governing documents, any applicable laws, or any covenant, agreement, understanding, decree or order to which Seller is a party or by which it is bound or affected. 29 2008 Power Purchase Agreement 10.2 Buyer's Representations, Warranties, and Covenants Buyer represents and warrants to Seller that as of the Effective Date: (i) Buyer is a joint powers agency established pursuant to the laws of the State of California, and has all requisite corporate power and authority to own, lease, and operate its properties and to carryon its business as is now being conducted; (ii) Buyer is duly qualified or licensed to do business as a joint powers agency and is in good standing in each jurisdiction in which the property owned, leased or operated by it or the nature of the business conducted by it makes such qualification necessary, except where the failure to be so duly qualified or licensed and in good standing would not have a material adverse effect; (iii) Buyer has the legal power and authority to make and carry out this Agreement and to perform its obligations hereunder and all such actions have been duly authorized by all necessary proceedings on its part; (iv) the execution, delivery and performance of this Agreement by Buyer will not conflict with its governing documents, any applicable laws or any covenant, agreement, understanding, decree or order to which Buyer is a party or by which it is bound or affected; (v) this Agreement has been duly and validly executed and delivered by Buyer and, as of the Effective Date, constitutes a legal, valid and binding obligation of Buyer, enforceable in accordance with its terms against Buyer, except to the extent that its enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the rights of creditors generally or by general principles of equity; and (vi) there are no actions, suits, proceedings or investigations pending or, to the knowledge of Buyer, threatened in writing against Buyer, at law or in equity before any Governmental Authority, which individually or in the aggregate are reasonably likely to have a materially adverse effect on the business, properties or assets or the condition, financial or otherwise, of Buyer, or to result in any impairment of Buyer's ability to perform its obligations under this Agreement. 30 2008 Power Purchase Agreement ARTICLE 11: MISCELLANEOUS 11.1 Notices All written notices, requests, statements or payments under this Agreement shall, unless otherwise specified herein, be deemed properly sent if delivered in person or sent by facsimile, reliable overnight courier, or sent by registered or certified mail, postage prepaid to the persons specified in Exhibit 13A & B [Contacts]. Notice by facsimile or hand delivery shall be effective at the close of business on the day actually received, if received during a Business Day, and otherwise shall be effective at the close of the next Business Day. Notice by overnight United States mail or courier shall be effective on the next Business Day after it was sent. A Party may change its contact information by providing notice of same in accordance herewith. 11.2 Dispute Resolution (a) Non-binding Arbitration or Mediation. Subject to Section 5.1(b), any dispute under this Agreement between Seller and Buyer shall, at the request of any Party, be referred to a senior representative of each of the Parties for resolution on an informal basis as promptly as practicable. In the event the senior representatives are unable to resolve the dispute, the matter may be submitted to non-binding arbitration or mediation on such terms and conditions as the Parties may agree. (b) Litigation. In the event the Parties are unable to satisfactorily resolve the Dispute within thirty (30) calendar days of such referral or such other period as the Parties may mutually agree, subject to any extensions of time as may be mutually agreed upon in writing, or any arbitration agreement, either Party may initiate litigation in a court of law with jurisdiction located in Sonoma County, California, or pursuant to Section 11.12, if applicable, which shall be the exclusive venue to litigate disputes. (c) Remedies. Nothing in this Section 11.2 shall be construed to delay the exercise of remedies pursuant to Section 9.3 pending the resolution of any dispute. 11.3 Regulatory Compliance Each Party shall at all times comply with all applicable laws, ordinances, rules and regulations applicable to it. As applicable, each Party shall give all required notices, shall procure and maintain all Permits necessary for performance of this Agreement, and shall pay its respective charges and fees in connection therewith. In the event of any change to the CAISO Tariff that materially impacts either Party's obligations or ability to perform under this Agreement, either Party may 31 2008 Power Purchase Agreement request that the Parties engage in good faith negotiations to amend this Agreement such that an equitable balance of benefits and burdens may be restored to the Parties. In the event that the Parties are unable to agree upon any amendments to this Agreement within sixty (60) days of the request for negotiations, either Party may invoke the dispute resolution provisions of Section 11.2. Pending any resolution under Section 11.2, the Parties shall continue to comply with the provisions of this Agreement. 11.4 No Dedication of Facilities Any undertaking by one Party to the other under any prOVIsIon of this Agreement shall not constitute the dedication of the Generating Facility or any portion thereof to the public or to any portion thereof. 11.5 Confidentiality All Confidential Information obtained by either Party from the other Party shall be used only in connection with such Party's exercise of its rights or performance of its obligations under this Agreement and shall not be disclosed to any third party, except as may be required by law, applicable regulation or judicial process; provided, however, that if the receiving Party is required to disclose such Confidential Information by applicable law, regulation or legal process, the receiving Party shall promptly notify the disclosing Party of such pending disclosure prior to such disclosure; provided further that Buyer may, at any time, disclose any information (i) determined by its attorney to be required by law to be disclosed by a public entity such as the Buyer, and (ii) to those of its members that receive some or all of the Output, whether directly or indirectly, from Buyer. The provisions of this Section 11.5 shall survive for three (3) years after the termination of this Agreement. 11.6 Assignment (a) Buyer. Buyer may, without the consent of Seller (and without relieving itself from liability hereunder) assign this Agreement or assign or delegate its rights and obligations under this Agreement, if such assignment is made to: (i) one or more of its member municipal utilities; or (ii) where such assignment does not occur by operation of law, any successor to Buyer provided such successor is a municipal utility or public utility holding a certificate of public convenience and necessity granted by the California Public Utilities Commission. (b) Seller. Seller may, without the consent of Buyer (and without relieving itself from liability hereunder): pledge, encumber, or assign this Agreement or the account, revenues or proceeds hereof as collateral security in connection with any financing or other financial arrangements for the Generating Facility, 32 2008 Power Purchase Agreement provided that in connection with any such pledge, encumbrance, or assignment the assignee agrees that upon any foreclosure or exercise of similar remedies upon the Generating Facility or material assets thereof, such assignee shall be bound by this Agreement. (c) Written Consent Needed. Except as stated above, neither this Agreement nor any of the rights, interests, or obligations hereunder shall be assigned by either Party, without the prior written consent of the other Party, which consent shall not be unreasonably withheld or delayed. Any assignment of this Agreement in violation of the foregoing shall be, at the option of the non- assigning Party, void. (d) Binding on Parties. This Agreement and all of the provisions hereof are binding upon, and inure to the benefit of, the Parties and their respective successors and permitted assigns. 11.7 Waiver of Rights Waivers of any rights hereunder must be in writing and shall not be implied from performance or usage of trade. The failure of either Party to enforce or insist upon compliance with or strict performance of any of the terms or conditions hereot or to take advantage of any of its rights hereunder, shall not constitute a waiver or relinquishment of any such terms, conditions or rights, but the same shall be and remain at all times in full force and effect. 11.8 Section Headings All titles, subject headings, section titles and similar items are provided for the purpose of reference and convenience and are not intended to be inclusive, definitive or to affect the meaning of the contents or scope of the Agreement. 11.9 No Third Party Beneficiary This Agreement shall not be construed to create rights in, or to grant remedies to, any third party (other than a permitted successor or assignee bound to this Agreement) as a beneficiary of this Agreement or any duty, obligation or undertaking established herein. 11.10 Forward Contract The Parties acknowledge and agree that this Agreement and the transactions contemplated by this Agreement constitute a "forward contract" within the meaning of the United States Bankruptcy Code. 33 2008 Power Purchase Agreement 11.11 Applicable Law This Agreement is made in the State of California and shall be interpreted and governed by the laws of the State of California and/or the laws of the United States, as applicable. 11.12 Venue As provided in Section 11.2 above, the Parties agree to the exclusive jurisdiction of the state courts sitting in the Country of Sonoma, State of California. 11.13 Nature of Relationship The duties, obligations and liabilities of the Parties are intended to be several and not joint or collective. The Agreement shall not be interpreted or construed to create an association, joint venture, fiduciary relationship or partnership between Seller and Buyer or to impose any partnership obligation or liability or any trust or agency obligation or relationship upon either Party. A Party shall not have any right, power or authority to enter into any agreement or undertaking for, or act on behalf of, or act as or be an agent or representative of or otherwise bind the other Party. 11.14 Good Faith and Fair Dealing; Reasonableness The Parties agree to act reasonably and in accordance with the principles of good faith and fair dealing in the performance of this Agreement. Unless expressly provided otherwise in this Agreement: (i) wherever the Agreement requires the consent, approval or similar action by a Party, such consent, approval or similar action shall not be unreasonably withheld or delayed; and (ii) wherever the Agreement gives a Party a right to determine, require, specify or take similar action with respect to matters, such determination, requirement, specification or similar action shall be reasonable. 11.15 Severability Should any prOVISIOn of this Agreement be or become void, illegal or unenforceable, the validity or enforceability of the other provisions of this Agreement shall not be affected and shall continue in full force and effect. The Parties will, however, use their best endeavors to agree on the replacement of the void, illegal, or unenforceable provision(s) with legally acceptable clauses that correspond as closely as possible to the sense and purpose of the affected provision. 34 2008 Power Purchase Agreement 11.16 Counterparts This Agreement may be executed in two or more counterparts and by different Parties on separate counterparts, all of which shall be considered one and the same Agreement, and each of which shall be deemed an original. 11.17 Cooperation The Parties agree to reasonably cooperate with each other in the implementation and performance of the Agreement. Such duty to cooperate shall not require either Party to act in a manner inconsistent with its rights under this Agreement. 11.18 Limitation of Liabilities To the extent permitted by law, no Party's directors, members of its governing bodies, officers or employees shall be liable to any other party or parties for any loss or damage to property, loss of earnings or revenues, personal injury, or any other direct, indirect, or consequential damages or injury, or punitive damages, which may occur or result from the performance or non-performance of this Agreement, including any negligence arising hereunder. Any liability or damages faced by an officer or employee of a federal agency or by that agency that would result from the operation of this provision shall not be inconsistent with federal law. THERE IS NO WARRANTY OF MERCHANT ABILITY OR FITNESS FOR A PARTICULAR PURPOSE, AND ANY AND ALL IMPLIED WARRANTIES ARE DISCLAIMED. THE PARTIES CONFIRM THAT THE EXPRESS REMEDIES AND MEASURES OF DAMAGES PROVIDED IN THIS AGREEMENT SATISFY THE ESSENTIAL PURPOSES HEREOF. FOR BREACH OF ANY PROVISION FOR WHICH AN EXPRESS REMEDY OR MEASURE OF DAMAGES IS PROVIDED, SUCH EXPRESS REMEDY OR MEASURE OF DAMAGES SHALL BE THE SOLE AND EXCLUSIVE RENIEDY, THE OBLIGOR'S LIABILITY SHALL BE LIMITED AS SET FORTH IN SUCH PROVISION AND ALL OTHER REMEDIES OR DAMAGES AT LAW OR IN EQUITY ARE WAIVED, UNLESS THE PROVISION IN QUESTION PROVIDES THAT THE EXPRESS REMEDIES ARE IN ADDITION TO OTHER REMEDIES THAT MAY BE AVAILABLE. IF NO REMEDY OR MEASURE OF DAMAGES IS EXPRESSLY PROVIDED HEREIN, THE OBLIGOR'S LIABILITY SHALL BE LIMITED TO DIRECT ACTUAL DAMAGES ONLY, SUCH DIRECT ACTUAL DAMAGES SHALL BE THE SOLE AND EXCLUSIVE REMEDY AND ALL OTHER REMEDIES OR DAMAGES AT LAW OR IN EQUITY ARE WAIVED. UNLESS EXPRESSLY HEREIN PROVIDED, NEITHER PARTY SHALL BE LIABLE FOR CONSEQUENTIAL, INCIDENTAL, PUNITIVE, EXEMPLARY OR INDIRECT DAMAGES, LOST PROFITS OR OTHER BUSINESS INTERRUPTION DAMAGES, BY STATUTE, IN TORT OR CONTRACT, UNDER ANY INDEMNITY PROVISION OR OTHERWISE. UNLESS 35 2008 Power Purchase Agreement EXPRESSLY HEREIN PROVIDED, AND SUBJECT TO THE PROVISIONS OF SECTION 9.4, IT IS THE INTENT OF THE PARTIES THAT THE LIMITATIONS HEREIN IMPOSED ON REMEDIES AND THE MEASURE OF DAMAGES BE WITHOUT REGARD TO THE CAUSE OR CAUSES RELATED THERETO, INCLUDING THE NEGLIGENCE OF ANY P ARTY, WHETHER SUCH NEGLIGENCE BE SOLE, JOINT OR CONCURRENT, OR ACTIVE OR PASSIVE. TO THE EXTENT ANY DAMAGES REQUIRED TO BE PAID HEREUNDER ARE LIQUIDATED, THE PARTIES ACKNOWLEDGE THAT THE DAMAGES ARE DIFFICULT OR IMPOSSIBLE TO DETERMINE, OR OTHERWISE OBTAINING AN ADEQUATE REMEDY IS INCONVENIENT AND THE DAMAGES CALCULATED HEREUNDER CONSTITUTE A REASONABLE APPROXIMATION OF THE HARM OR LOSS. 11.19 Further Assurances The Parties hereto agree to execute and deliver promptly, at the expense of the Party requesting such action, any and all other and further instruments, documents and information that a Party may request, and that are reasonably necessary, or appropriate, to give full force and effect to the terms and intent of this Agreement. 11.20 Time is of the Essence Time is of the essence to this Agreement and in the performance of all of the covenants, obligations and conditions hereof. 11.21 Construction The Parties acknowledge that this Agreement was jointly prepared by them, by and through their respective legal counsel, and any uncertainty or ambiguity existing herein shall not be interpreted against either Party on the basis that the Party drafted the language, but otherwise shall be interpreted according to the application of the rules on interpretation of contracts. 11.22 Entire Agreement; Integration This Agreement, together with all exhibits attached hereto, constitutes the entire agreement between the Parties as of the Effective Date and supersedes any and all prior oral or written understandings. No amendment, addition to or modification of any provision hereof shall be binding upon the Parties, and neither Party shall be deemed to have waived any provision or any remedy available to it, unless such amendment, addition, modification or waiver is in writing and signed by a duly authorized officer or representative of the Parties. 36 2008 Power Purchase Agreement IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed by their duly authorized representatives on the Effective Date first written. BUYER: SELLER: NORTHERN CALIFORNIA POWER AGENCY WESTERN GEOPOWER, INC. By: ________________________________ __ By: Name: Name: ---------------------------------------------------- Title: ______________________________ _ Title: Attest: Assistant Secretary of the Commission Approved as to Form: General Counsel 37 2008 Power Purchase Agreement Exhibit 1 Exhibit 2 Exhibit 2.1 Exhibit 2.2 Exhibit 2.3 Exhibit 3 Exhibit 4 ===5 Exhibit 6 Exhibit 7 Exhibit 8 Exhibit 9 Exhibit 10 Exhibit 11 ~~12 Exhibit 13a EXHIBITS Reserved Description of Generating Facility Leasehold Description Map of Leasehold Map of Delivery Point Commercial Operation Performance Tests Contract Price Reserved Expected Annual Contract Quantity Form Milestones Reserved Reserved Operations Forecasts and Scheduling Protocols Form of Attestation Payment / Wire Instructions Contacts, Buyer Exhibit 13b Contacts, Seller Exhibit 14 Example of Availability Shortfall Damages === 15 Seller's Insurance Information 2008 Power Purchase Agreement Exhibit 1 RESERVED Exhibit 1 2008 Power Purchase Agreement Exhibit 2 DESCRIPTION OF GENERATING FACILITY Western GeoPower Unit #1 (WGP 1) is a geothermaL condensing steam turbine Generating Facility utilizing the following key systems to generate power to the electrical grid: • Steam Gathering and Injection System • Power Generation Facility • Transmission Interconnection Steam Gathering and Injection System The steam gathering system (SGS) will consist of steam production wells. The actual number of production wells will depend on initial drilling results and expected sustainable production well capacity. The production wells will be connected to the Generating Facility via a steam pipeline. The available condensed steam generated in the Generating Facility will be re-injected to the geothermal reservoir through injection wells. Generating Facility The Generating Facility (GF) will consist of a dual flow, top exhausting condensing steam turbine. The GF will consist of the following key systems: • Steam Turbine-Generator o Fuji Dual Flow, Top Exhaust Condensing Steam Turbine, o Seven stage turbine, 19.9 inch length last stage blades o Design and materials proven for geothermal service o Fuji 45MV A, TEW AC Generator • Condensing System o 100% Steam Bypass Capability o Hybrid Non Condensable Gas Extraction (NCG) System, including flexible capacity gas ejectors and liquid ring vacuum pumps • Cooling System o Counterflow, Film-fill Cooling Tower o Vertical Can Type Circulating Water Pumps • Auxiliary Cooling Water System Exhibit 2 2008 Power Purchase Agreement o 2x100% Capacity Auxiliary Cooling Water Pumps for use in plant cooling systems (oil coolers, generator coolers, NCG intercondensers, etc) • H2S Abatement System o Abatement system for removing H2S in the Non-Condensible gas stream and the steam condensate. The abatement system will be designed to meet the requirements of the Northern Sonoma County Air Pollution Control District regulations. • Plant Support Systems o Support systems, including fire protection, instrument air system, service water system, chemical treatment systems, plant drains and HV AC. • Plant Electrical and Controls System o Generator Step-up Transformer, 13.8 kV: 115kV o Station Transformer, 4.16 kV : 13.8 kV o Auxiliary Transformer, 0.48 kV: 4.16 kV o Plant Switchgear and MCC's o Metering and Relaying Equipment o Plant Control System Transmission Interconnection The Generating Facility will interconnect with the CAISO controlled Geysers #3- Cloverdale 115 kV Transmission Line as depicted in the map attached as Exhibit 2.3. This transmission line crosses the project property and taps to the Cloverdale Substation to the west and the Geysers Unit 3, 4 Ring Bus to the northeast of the Site. The Generating Facility will utilize a Generator Step-up Transformer to step up the 13.8 kV generator voltage to the 115 kV transmission voltage. PG&E has completed an Interconnection System Impact Study of the interconnection of the Generating Facility to the Geysers #3-Cloverdale line. PG&E determined that the interconnection will not cause any CAISO Normal or Category B overloads. PG&E further concluded that the Generating Facility will not cause reactive power deficiencies or impact the transmission system's transient performance. Exhibit 2 2008 Power Purchase Agreement Exhibit 2.1 LEASEHOLD DESCRIPTION Mayacamas Energy Leasehold: DESCRIPTION: All that certain real property situated in the County of Sonoma, State of California, described as follows: PARCEL ONE: Lots L 2, 3, 4, 5, 6, 7, 9, 10, 11, 12, 13, 14 and 16 of Section 14, Township 11 North, 8 Range 9 West, M.D.B.&M., according to the official plat thereof. SAVING AND EXCEPTING THEREFROM, that portion of Lots 3, 4, and 16, lying northerly of the center of Big Sulpher Creek ALSO, SAVING AND EXCEPTING THEREFROM, that portion thereof conveyed to Frank Albert Dewey, et ux, by Deed dated September 2,1950 and recorded September 11, 1950 as Recorder's Serial No. D-22340, Sonoma County Records. ALSO, SA VING AND EXCEPTING THEREFROM, the mining rights reserved by Walter Wayne Woods, et at in Deed to Frank Albert Dewey, et ux, dated September 2, 1950 and recorded September 11, 1950 as Recorder's Serial No. D-22340, Sonoma County Records. ALSO, SAVING AND EXCEPTING THEREFROM, that portion of Lots 9 and 14 conveyed to Daniel J. Nielsen, et ux, by Deed dated January 25, 1950 and recorded February 1,1950 as Recorder's Serial No. D-6082, Sonoma County Records. ALSO, SA VING AND EXCEPTING THEREFROM, that portion thereof lying within the bounds of the lands described in the Deed to Regan B. Kidd, et ux, dated November 25, 1951 and recorded December 7, 1951 and Recorder1s Serial No. D-55754, Sonoma County Records. ALSO SAVING AND EXCEPTING the West one-half of Lot 4, as granted to G. William Filley, by Deed dated June 20, 1962 and recorded July 9, 1962 in Book 1900 of Official Records at page 39, as Recorder's Serial No. G-99005, Sonoma County Records. ALSO, EXCEPTING THEREFROM that portion thereof conveyed to Pacific Gas and Electric Company, a California corporation recorded November 14, 1978 in Book 3482 of Official Records at page 825, Sonoma County Records, and by Instrument recorded November 14,1978 in Book 3482 of Official records at page 833, Sonoma County Records. PARCEL 1WO: All that parcel of land located in Section 14, Township 11 North, Range 9 West, M.D.B. & M.,lying west of the centerline of the creek closest to the west boundary of the Exhibit 2.1 2008 Power Purchase Agreement Dewey property and south of the county road to Cloverdale, all as the location of these landmarks existed on July 3D, 1951 and as the above described parcel was granted to Buckman Inc., a corporation by Deed dated July 3D, 1951 and recorded August 7,1951 as Recorder's Serial No. D-47201, Sonoma County Records. PARCEL THREE: The Southwest one-quarter of the Northeast one-quarter and the Southeast one- quarter of the Northeast quarter of Section 15, in Township 11 North, Range 9 West, M.D.B. & M., according to the official plat thereof. SAVING AND EXCEPTING THEREFROM, all mineral rights in the Southeast one-quarter of the Northeast one-quarter, as same were granted to C. William Filley, by Deed dated June 20, 1962, and recorded July 9, 1962 in Book 1900 of Official Records at page 39, as Recorder's Serial No. G-99005, Sonoma County Records. PARCEL FOUR: That portion of the East one-half of the Southwest one-quarter of the Southwest quarter of Section 11, Township 11 North, Range 9 West, according to the official plat thereof, lying southerly of Big Sulpher Creek. Filley Leasehold: DESCRIPTION: All that certain real property situated in the County of Sonoma, State of California, described as follows: PARCEL ONE: The Northeast one-quarter of the Northeast one-quarter of Section 15 Township 11 North, Range 9 West, M.D.B. & M. PARCEL TWO: All that portion lying South of the centerline of Big Sulphur Creek of the Southeast one-quarter of the Southeast, one-quarter of Section 10, Township 11 North, Range 9 West, M.D.B. & M. PARCEL THREE: All that portion lying Southwesterly of the centerline of Big Sulphur Creek in the West one-half of the Southwest one-quarter of the Southwest, one-quarter of Section 11 Township 11 North, Range 9 West, M.D.B. & M. Together with all mineral rights in the Southeast one-quarter of the Northeast One-quarter of Section 15, Township 11 North, Range 9 West M.D.B. & M. Exhibit 2.1 2008 Power Purchase AI1TE~emE:nt Filley-Brown Leasehold: DESCRIPTION: All that real property situated in the Unincorporated Area, County of Sonoma, State of California, described as follows: The Southwest one-quarter of the Southeast one-quarter of Section 10 and the Northwest one-quarter of the Northeast one-quarter of Section 15, Township 11 North, Range 9 West, M.D.B. & M., EXCEPTING THEREFROM that portion of the Southwest one-quarter of the Southeast one-quarter of Section 10, Township 11 North, M.D.B. & M., described as follows: Beginning at an iron stake set at the southeast corner of said Southwest one- quarter of the Southeast one-quarter of Section 10, thence north 700 feet along the easterly line of the Southwest one-quarter of the Southeast one-quarter of said section 10, to an iron stake; thence west 350 feet to a point; thence south 700 feet to a point in the south line of said section 10; thence east 350 feet along said section line to the point of beginning. Abril Leasehold: DESCRIPTION All that real property located in the County of Sonoma, State of California, described as follows: PARCEL ONE: Lot 9 of Section 15 and Lot 19 of Section 14, all in Township 11 North, Range 9 West, M. D. M. & M., containing 30 acres. APN: 141-010-004 portion APN: 141-010-014 portion PARCEL TWO: The Southwest quarter of Section 10, Township 11 North, Range 9 West, M. D. M. & M., containing 72.73 acres. APN: 117-190-014 EXCLUDING THEREFROM the real property described in that certain Geothermal Lease and Agreement dated June 29, 1982, entered into by and between Annie Abril et at Lessor, and Union Oil Company of California, Lessee, a Memorandum of which was recorded October 4, 1982, as instrument number 82053574, as amended between Lessor Exhibit 2.1 2008 Power Purchase Agreement and Lessee October 6, 1987, a Memorandum of which was recorded March 4, 1988, as instrument number 88017757, Official Records of Sonoma County, CA. PARCEL THREE: Lots 1, 2 and 8, and the North 1/2 of the Northwest 1/4 of Section 15, Township 11 North, Range 9 West, M. D. M. & M., containing 190 acres. APN: 141-010-004 portion APN: 117-150-001 portion PARCEL FOUR: Lot 7 and the South 1/2 of the Northwest 1/4 of Section 15, Township 11 North, Range 9 West, M. D. M. & M., containing 120 acres. APN: 141-010-004 portion APN: 117-150-001 portion Exhibit 2.1 2008 Power Purchase Agreement , \ l \ 2008 Power Purchase Agreement Exhibit 2.2 MAP OF THE LEASEHOLD Exhibit 2.2 l / .~J-~ / / I Exhibit 2.3 MAP OF DELIVERY POINT / r---__ / / -~---.--~ / / ------! I -----.J j / i i / i i j 2008 Power Purchase Agreement . -. --'---.-... _--------'-- [l50H .' ! URN "., '.\, I C~O >)1 J~ ,. -., Exhibit 2.3 IESTERN GEO POWEll GEOTllERHl palER ~Ll~r M1-1 Exhibit 3 COMMERCIAL OPERATION PERFORMANCE TESTS Seller shall coordinate and schedule with Buyer a Performance Test after completion of all equipment startup and commissioning activities. This Performance Test may be performed before completing punch list items. Buyer shall be permitted to witness the Performance Test, including access to and copies of control room logs, control system display screens and instrumentation data for a reasonable period of time before, during and after the Performance Test, and may also concurrently conduct a site inspection of the Generating Facility, systems and equipment. Seller shall be responsible for and bear the costs of any Performance Test. Buyer shall pay for energy produced in accordance with 3.1.b. Seller shall supply a written copy of the Performance Test results to Buyer within five (5) business days following the conclusion of such test. The Performance Test shall consist of uninterrupted operation of the Generating Facility for a period of no less than seven (7) days. 1) Compliance. The Performance Test shall demonstrate the ability of the Generating Facility to comply with all material safety, system reliability, environmental, and other Requirements of Law, this Agreement, and any related Agreements, including any interconnection Agreements. 2) Contract Capacity. The Performance Test shall demonstrate the ability of the Generating Facility to reliably generate up to thirty-two (32) megawatts, net capacity at corrected design conditions. Exhibit 3 2008 Power Purchase Agreement Exhibit 4 CONTRACT PRICE Contract Price Seller shall arrange for its Scheduling Coordinator to transact with NCP A through the submission of Inter-SC Trade during the Day-Ahead Inter-SC Trade Period. Such Inter- SC Trade of energy will be scheduled at the individual pricing node of the Generating Facility. If an Inter-SC Trade scheduled at the individual pricing node of the Generating Facility is modified or rejected prior to the close of the Day-Ahead Inter-SC Trade Period, Buyer and Seller may mutually agree to schedule an Inter-SC Trade at a different pricing point within the CAISO system. Inter-SC Trades of energy at the individual pricing node of the Generating Facility is subject to physical validation within the CAISO Day-Ahead Market process, and Seller shall self schedule an amount of energy from the Generating Facility that is equal to the Inter-SC Trade. Buyer shall pay to Seller ninety-eight dollars ($98) per MWh times the Delivered Quantity for all Energy, Environmental Attributes, and Capacity Attributes delivered to Buyer. In addition, an Environmental Attribute adjustment of twenty dollars ($20) per MWh shall be applied for the difference between the sum of the Delivered Quantity and the sum of the actual Energy produced, for the month. In the event the sum of the actual Energy produced is greater than the sum of the Delivered Quantity, for the month, Seller shall receive credit equal to the difference between the sum of the actual Energy produced and the sum of the Delivered Quantity times twenty dollars ($20) per MWh. Seller shall, in accordance with Article 5.1 (i) Billing, adjust the invoice accordingly. In the event the sum of the actual Energy produced is less than the sum of the Delivered Quantity, for the month, Buyer shall receive credit equal to the difference between the sum of the actual Energy produced and the sum of the Delivered Quantity times twenty dollars ($20) per MWh. Seller shall, in accordance with Article 5.1 (i) Billing, adjust the invoice accordingly. NCP A Scheduling Coordinator Option If under Section 7.5 (a), NCPA is selected by Seller as the Scheduling Coordinator for the Generating Facility, Buyer shall pay to Seller ninety-eight dollars ($98) per MWh times the actual Energy produced in consideration for all Energy, Environmental Attributes, and Capacity Attributes delivered to Buyer; provided further that the Scheduling Coordination agreement between the Parties shall govern the settlement of other CAISO charges and credits, and other services rendered. Exhibit 4 2008 Power Purchase Agreement 2008 Power Purchase Agreement Exhibit 5 RESERVED Exhibit 5 Exhibit 6 EXPECTED ANNUAL CONTRACT QUANTITY GENERATING FACILITY MWH YEAR (Assume 33 MW Capacity) 1 (April 2010) 200,216 2 265,006 3 262,716 4 260,622 5 258,544 6 259,872 7 264,568 8 262,459 9 260,366 10 258,291 11 259,000 12 263,428 13 261,329 14 259,245 15 257,179 16 235,221 17 262,294 18 260,203 19 258,129 20 256,071 21 256,774 Exhibit 6 2008 Power Purchase Agreement Exhibit 7 CONSTRUCTION MILESTONE SCHEDULE I Milestones Estimated Date for Completion I File CEC Certification and Verification Completed Application Submit Interconnection Application Completed File Permit Resource Management July 2008 Department (Use) Permit Execute Construction Contract November 2008 Order major Equipment for Facility Steam Turbine Generator-Completed Other Major Equipment-October 2008 Receive Completed System Impact Study Completed Begin Construction of Facility Drilling March 2008 Plant Construction -April 2009 Receive Conditional Use Permit February 2009 Receive Completed Interconnection Facility July 2008 Study Receive Authority to Construct from March 2009 Sonoma Air Quality Management District Achieve Initial O~ . ...., ,1 Apri12010 Exhibit 7 2008 Power Purchase Agreement 2008 Power Purchase Agreement Exhibit 8 RESERVEDesa Exhibit 8 2008 Power Purchase Agreement Exhibit 9 RESERVED Exhibit 9 Exhibit 10 OPERATIONS FORECASTS and SCHEDULING PROTOCOLS This section shall be updated as the CAISO modifies or amends reporting, scheduling, or other rules/protocols. 1. Annual Operations Forecast 1.1. No later than September 10th of each Contract Year, Seller will provide an Annual Operations Forecast detailing hourly expected generation and all proposed planned outages for the next calendar year. The Annual Operations Forecast for the first calendar year shall be provided no later than ninety (90) days prior to the Commercial Operation Date. 1.2. Buyer may request modifications to the Annual Operations Forecast at any time, and Seller shall use good faith efforts to accommodate Buyer's requested modifications. 1.3. Seller shall not conduct planned outages at times other than as set forth in its Annual Operations Forecast, unless approved in advance by Seller, which approval shall not be withheld or delayed unreasonably. 1.4. Seller shall not conduct planned outages during the Peak Months and furthermore, shall coordinate the outages with NCP A. 2. Short Term Operations Forecasts 2.1. Quarterly Operations Forecast 2.1.1. Twenty (20) days prior to the beginning of each calendar quarter, Seller shall provide a Quarterly Operations Forecast by hour of expected generation and all proposed planned outages as approved by NCP A in advance. 2.1.2. Quarterly Operations Forecast will also include any requested additions or modifications to planned outages for the next twelve (12) months. 2.1.3. Buyer will approve or require modifications to the proposed Quarterly Exhibit 10 2008 Power Purchase Agreement Operations Forecast within ten (10) calendar days of receipt of the Quarterly Operations Forecast. 2.1.4. If required by Buyer, Seller will provide a modified Quarterly Operations Forecast to Buyer no later than seven (7) calendar days after receipt of required modifications from Buyer. 2.2. Weekly Update 2.2.1. No later than 14:00 each Wednesday prior to the following week (Sunday through Saturday), Seller may provide an electronic update, in a format specified by Buyer, to the Quarterly Operations Forecast for the next seven (7) calendar days. 2.2.2. The Weekly Update shall include hourly expected generation and all proposed planned Outages. 3. Outage Detail for Annual and Short Term Operations Forecasts 3.1. Outage information provided by Seller is to include, at a minimum, start and stop time of Outage, capacity out of service (kWh), equipment out of service, and reason for the Outage. 4. General Scheduling Protocols 4.1. Daily modifications to forecasts. Unless otherwise mutually agreed, Seller may make changes to the weekly forecasts by providing such changes to Buyer prior to 08:00 two (2) Business Days before the active scheduling day. 4.1.1. Active scheduling day as determined by the WECC Prescheduling calendar. 4.1.2. Example: For power that is scheduled for generation or delivery on Thursday, March 29, changes must be submitted to Buyer no later than 08:00 on Tuesday, March 27. 4.2. Hourly modifications to active schedules. Unless otherwise mutually agreed, Seller may make changes to active schedules by providing such changes to Buyer with a minimum of four (4) hours notice before the active hour to be changed. Changes to active schedules are limited to two (2) changes per day, excluding forced outages, unless otherwise agreed to between the parties. One request for a schedule change, of one hour or multiple hours duration, constitutes one schedule change. Exhibit 10 2008 Power Purchase Agreement 4.2.1. Example: For power that is scheduled for generation or delivery in hour ending 15:00 (for the period from 14:01 to 15:00), changes must be submitted to Buyer no later than 10:00. 4.3. At Seller's request, Buyer may modify generation and load schedules for unforeseen circumstances in accordance with the above scheduling timeline constraints and Buyer's Schedule Coordination Agreement. 4.4. In the absence of forecasts and schedules as required by this Agreement or this Exhibit, Buyer shall utilize the most current information provided by Seller in the development and submission of Schedules. 5. Additional Scheduling Protocols When NCP A is the Scheduling Coordinator 5.1. Seller is to notify NCP A of all planned or forced generation outages to ensure compliance with CAISO Outage Coordination and Enforcement Protocols. 5.1.1. Outage information provided by Seller is to include, at a minimum, start and stop time of Outage, capacity out of service (kW), equipment out of service, and reason for the Outage. 5.1.2. Planned Outages not included in the Annual Operations Forecast, the Quarterly Operations Forecast, or the Weekly Update, shall be provided by Seller to Buyer at least four (4) business days prior to the start of the requested outage. 5.2. Forced Outages 5.2.1. "Forced Outages" are any unplanned reductions in the capability of the Generating Facility. 5.2.2. Forced Outages shall be reported by Seller to NCP A within twenty (20) minutes of such outages. 5.2.3. Notice by Seller to NCP A of a Forced Outage shall include the reason for the outage (if known), expected duration of the outage, and the capacity reduction. 5.2.4. Within forty-six (46) hours of a Forced Outage, a detailed verbal report shall be provided by Seller to NCP A specifying the reason for the outage, expected duration of such outage, capacity reduction, and actions taken to mitigate such outage. 5.3. Commencement of an Outage -Seller shall not begin any planned Outage without prior approval of NCPA and the CAISO. Exhibit 10 2008 Power Purchase Agreement 5.4. Return to Service -Seller shall notify NCP A immediately whenever a generating unit is returned to service. 6. When NCP A is not the Scheduling Coordinator 6.1. Seller shall cause its Scheduling Coordinator to provide all required Outage reporting information directly to the CAlSO as required by the then existing CAISO scheduling protocols. 6.2 Buyer shall transfer to Seller a MW quantity of Integrated Forward Market Load Uplift Obligation equal to the Delivered Quantity using an Integrated Forward Market Load Uplift Obligation Inter-SC Trade. 7. Notices 7.1. All Scheduling notices and Schedules are to be submitted to Buyer by phone, fax or email to the following persons: 7.1.1. For Day Ahead Schedule changes, inform the Buyer'S Pre-Scheduling Contact listed in Exhibit 13a [Contacts, Buyer]. 7.1.2. For Hourly Modifications, inform the Buyer's Schedule Coordinator Contact listed in Exhibit 13a [Contacts, Buyer]. 7.1.3. For forced Outages, inform the Buyer's Dispatcher Contact listed in Exhibit 13a [Contacts, Buyer]. Exhibit 10 2008 Power Purchase Agreement 8. Example Form Of Day~Ahead Schedule: MMlDDIYY Hour Ended 1 2 • 3 4 5 6 7 I 8 9 • 10 11 12 • 13 i 14 ! 15 16 17 18 19 20 21 22 23 24 Expected Daily Temperatures (in Fahrenheit): Low __ High Contact Information: Scheduling Coordinator: 2008 Power Purchase Agreement Exhibit 10 Expected Capability 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW 33MW Exhibit 11 FORM OF ATTESTATION Environmental Attribute Attestation and Bill of Sale [Name of Seller] ("Seller") hereby sells, transfers and delivers to Northern California Power Agency ("Buyer") the Environmental Attributes and Environmental Attributes Reporting Rights associated with the generation of the indicated Energy for delivery to the grid (as such terms are defined in the Renewable Energy Power Purchase Agreement (JI Agreement") dated [Dat4 between Buyer and Seller) arising from the generation for delivery to the grid of the energy by the Generating Facility: Facility name and location: Proiect Name \ _____ County, California) EIA ID #: CEC ID #: ISO Meter ID #: __ _ Fuel Type: ___ _ Capacity (MW): ___ _ Operational Date: MWhrs generated MWhrs generated In the amount of one Environmental Attribute for each megaWatt hour generated; and Seller further attests, warrants and represents as follows: i) to the best of its knowledge, the information provided herein is true and correct; ii) this transfer to Buyer is the one and only sale of the Environmental Attributes and associated Environmental Attributes Reporting Rights referenced herein; iii) the Facility generated and delivered to the grid the energy in the amount indicated as undifferentiated energy; and (check one) iv) Seller owns the Generating Facility, or iv) to the best of Seller's knowledge, each of the Environmental Attributes associated with the generation of the indicated Energy for delivery to the grid have been generated and sold by the Generating Facility. This serves as a Bill of Sale, transferring from Seller to Buyer all of Seller's right, title and interest in and to the Environmental Attributes associated with the generation of the Energy for delivery to the grid. Seller: By Title Date: 2008 Power Purchase Agreement Exhibit 11 Exhibit 12 PAYMENT I WIRE INSTRUCTIONS ------------------------------------------------------------------------------------------ NORTHERN CALIFORNIA POWER AGENCY (Buyer) WIRE INSTRUCTIONS The following information is to be used when wiring funds for deposit to Buyer: U.S. Bank ABA# 121122676 For Deposit to: Northern California Power Agency Acct. No. 1-534-0216-2744 For information purposes, please fax a copy of the wire instructions to Buyer at (916) 781- 4255, Attention Treasurer-Controller. The following information is to be used for all other statements or payments to Buyer by mail: NCPA Attention: Treasurer-Controller 180 Cirby Way Roseville, CA 95678. WESTERN GEOPOWER INC (Seller) WIRE INSTRUCTIONS The following information is to be used when wiring funds for deposit to Seller [To Be ProvidedJ For information purposes, please fax a copy of the wire instructions to [Seller's Name] at [Seller's phone numberJ, Attention [Seller's relevant contact person]. Exhibit 12 2008 Power Purchase Agreement 1. 2. 3. Contract Management Name Ken Speer BillinglInvoice Issues Name Bob Caracristi Mike Whitney NCPA Pre-Scheduling Exhibit 13a NCPA(BUYER) CONTACTS Phone 916-781-4201 Phone 916-781-4224 916-781-4205 Email Ken.Speer@ncpagen.com Email bob.caracristi@ncpa.com mike. whitney@ncpa.com Monthly, weekly and daily generation schedules are to be provided to NCPA Pre- Scheduling contacts. Name Kevin McMahan Norm Worthington Don Imamura Ken Goeke Pre-Scheduling Phone 916-786-0123 916-781-4227 916-786-0124 916-781-4240 916-781-4290 (FAX) 916-781A239 Email kevin.mcmahan@ncpa.com norm. worthington@ncpa.com don.imamura@ncpa.com ken.goeke@ncpa.com 4. NCP A Schedule Coordination All Hour Ahead or Real-Time Schedule changes are to be provided to NCP A Scheduling Coordinator Contacts. Name Phone Email NCPA Scheduling Coordinator 916-781-4237 (FAX) 916-781-4226 5. NCP A Dispatch/Outage Coordination SC2@ncpa.com All Planned and/or Forced Outages of Generating Facilities are to be provided to NCPA Dispatch/Outage Coordination. Name Phone Email Dave Wilke 916-781-4225 dave. wilke@ncpa.com (Supervisor of Dispatch Operations) Exhibit13a 2008 Power Purchase Agreement NCPA Dispatch 916-786-3518 NCPA Scheduling Coordinator 916-781-4237 NCPA Dispatch (FAX) 916-781-4226 Exhibit 13a 2008 Power Purchase Agreement Dispatch@ncpa.com SC2@ncpa.com Exhibit 13b WESTERN GEOPOWER, INC. (SELLER) CONTACTS 1. Contract Management Name Kenneth MacLeod Mike Long 2. BillinglInvoice Issues Name Rupi Khanuja Phone 866-662-3322 866-662-3322 Phone 866-662-3322 3. Pre-Scheduling and Dispatch/Outage Coordination Email kmacleod@geopower.ca mlong@geopower.ca Email rupi@geopower.ca Annual, Quarterly, Weekly and Daily generation schedules: Name Phone Email Mike Long 866-662-3322 mlong@geopower.ca Pre-Scheduling (FAX) (to come) 4. Operator and Real Time Issues All Planned and/or Forced Outages of generation facilities are to be provided to NCPA Dispatch/Outage Coordination. Name Phone Email Dave Wilke 916-781-4225 dave.wilke@ncpa.com (FAX) 916-781-4226 Exhibit 13b 2008 Power Purchase Agreement Contract year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Availability Exhibit 14 Example of Availability Shortfall Damages Contract Delivered Delivered Availability Capacity Quantity Quantity A vailability% Shortfall MWH Case 1 Case 2 (Case 2) Damages 18600 18600 0 0 $93,000 15456 15000 15000 97.04969 0 18600 18600 18600 100 0 9000 9000 9000 100 0 18600 9000 9000 48.3871 48000 18000 18000 18000 100 0 14880 15500 15500 104.1667 0 14880 14880 14880 100 0 16560 16000 16000 96.61836 0 18600 18600 18600 100 0 18000 17800 0 0 90000 18600 18600 18600 100 0 199776 189580 153180 76.67588 $231,000 94.89628 76.67588 Under Case 1, Availability was 94.90%, higher than 90%, therefore no Availability Shortfall Damages due Under Case 2, Availability was76.68%, lower than 90%, therefore Availability Shortfall Damages due. Under Case 2, January, May and November were below 90%, hence the Available Shortfall Damages were calculated as shown totaling to $231,000. Force Majeure Event -Assume that in May, due to a force majeure event, only 9000 MWH was delivered. The Available Shortfall Damages would be $183,000, reduced from $231,000. This is because Contract Capacity must be reduced to 9000 MWH, and therefore, the Availability must be readjusted to 100%, resulting in $0 for Availability Shortfall Damages for May, reduced from $48,000. Exhibit 14 2008 Power Purchase Agreement EXHIBIT 15 SELLER'S INSURANCE INFORMATION Certificate of Insurance (Example) No. Dated: This document su ersedes an certificate reviousl issued under this number ~ This is to certify that the Policy(ies) of insurance listed below ("Policy" or "Policies") have been issued to the Named Insured identified below for the policy period(s) indicated. This certificate issued as a matter of infonnation only and confers no rights upon the Certificate Holder named below other than those provided by the Policy(ies). Notwithstanding any requirement, tenn or condition of any contract or any other document with respect to which this certificate may be issued or may pertain, the insurance afforded by the Policy(ies) is subject to all the tenns, conditions and exclusions of such PoIicy(ies). This certificate does not amend, extend or alter the coverage afforded by the Policy(ies). Limits shown are intended to address contractual obligations of the Named Insured. Limits may have been reduced since Policy effective date(s) as a result of a clam or claims. Certificate Holder: Named Insured and Address: To Whom It may Concern This certificate is issued regarding: Western GeoPower Corp., Meager Creek Development Corp., and Western GeoPower, Inc. Type(s) ofInsurance Insurer(s) r-:POliCY Effective/ Sums Insured or Limits of Liability umber(s) Expiry Dates COMMERCIAL GENERAL Each Occurrence (including USD 1,000,000 LIABILITY Tenants Legal Liability) • Each Occurrence (including Employers Liability USD 1,000,000 Tenants Legal Liability) • Personal or Advertising General Aggregate Limit USD 5,000,000 Injury Limit • Products & Completed Medical Expense USD 25,000 Operations • General Aggregate Limits Non-Owned Auto USD 1,000,000 Personal or Advertising USD 1,000,000 Injury Limit Products & Completed USD 1,000,000 Operations Aggregate UMBRELLA AI/PI Aggregate Limit USD 9,000,000 • AI/PI Aggregate Limit • Each Occurrence Limit Each Occurrence Limit USD 9,000,000 • Excess Coverage other Aggregate Limit Excess Coverage other USD 9,000,000 • Products Completed Aggregate Limit Operations Aggregate Limit Products Completed USD 9,000,000 • Umbrella Coverages Operations Aggregate Aggregate Limit Limit F Cov~."" USD 9,000,000 te Limit WORKERS COMPENSATION As Required by Law Exhibit 15 2008 Power Purchase Agreement I • ATT ACHMENT D Commission Staff Report Date: July 23, 2009 To: NCPA Commission 651 Commerce Drive Roseville. CA 95678 phone (916) 781-3636 fax (916) 783-7693 web www.ncpa.com AGENDA ITEM NO.:~ Subject: Western GeoPower Inc. Power Plant Project -Power Purchase Agreement Amendment Proposal Authorize the General Manager to amend the Power Purchase Agreement (PPA) with the Western GeoPower Inc. (WGI) to reflect a revised PPA price of $117 per MWh. Background NCPA and WGI executed a Renewable Power Purchase Agreement as of May 16, 2008. Under the terms of PPA, NCPA agreed to purchase energy, capacity and renewable attributes from a new twenty-five (25) MW to thirty-five (35) MW geothermal power plant at a fixed price of ninety- eight dollars ($98) per MWh for a term of twenty (20) years (the Project). WGI began drilling geothermal wells and ordered the major equipment including the turbines, generators, etc. WGI was progressing toward achieving the major milestone of beginning the plant construction in February 2009. However, the current economic situation has prevented WGI from being able to economically finance the Project. In the meantime, the capital cost of the Project has escalated including the labor and the finanCing costs. To address the current situation relating to the difficulties in financing at small scale, WGI is joining with other companies such as GTO Resources, Polaris Geothermal and Ram Power specialized in the development of geothermal resources to raise additional equity and establish investor grade credit potential to pursue geothermal development collectively. In this regard, WGI has retained financial advisor Raymond James to assist in the financing of the Project. WGI has met with NCPA staff to explore various ways to successfully finance the Project. One of the options was a 'prepay' under which NCPA would pay for power in advanCe of construction . . Another was for NCPA to assume certain equity position. NCPA has indicated to WGI that it preferred to stay with the already executed 'Take and Pay' PPA structure. WGI met with NCPA again on July 21, 2009, and shared its financial analysis. WGI advised that it was collecting close to sixty million dollars ($60) million through the process of joining with others. However, even with that much infusion of capital, WGl's debt service coverage ratio has dropped to 1.2:1 from 2.7:1. Raymond James has advised WGI that in order to achieve financing WGI must meet a minimum threshold of 1.5:1. And, in order to come close to the debt service coverage ratio of 1.5:1, the PPA price of ninety-eight dollars ($98) needs to be raised to one hundred seventeen dollars ($117) per MWh. WGI would prefer to finance the Project in September 2009, in order to begin the construction in October 2009,.and have the plant ready for generation by July 2011, a delay of fifteen (15) SR: 188:9 , Western GeoPower Inc. Power Plant Project -Power Purchase Agreement Amendment July 23, 2009 Page 2 months from the proposed April 2010 date shown in the current PPA. In the event WGI were to not meet the October 2009 construction window, the Project will be delayed further by at least six (6) more months resulting from the weather and equipment delivery constraints, resulting in an increased cost and delayed output. Staff has consulted with the General Counsel to seek ways to expedite the execution of a revised PPA reflecting the new pricing of One Hundred Seventeen Dollars ($117), to assist WGI in meeting its tight schedule. If some members wish to remain a participant in the Project under the one hundred seventeen dollar ($117) pricing formula, General Counsel has recommended the following approach: • Amend the existing PPA to reflect the revised purchase price of One Hundred Seventeen Dollars ($117). At the same time, NCPA needs to revise the existing Third Phase . Agreement to reflect any changes in the membership as well as the revised pricing. Fiscal Impact Under the proposed 'Take-and-Pay' PPA, and because the Project is not expected to be operational until the 2011 time period, there is no fiscal impact until the members start receiving energy from the Project. Prior to the expected operational date, staff will develop a budget for approval by the participants covering the expected cost. Environmental Analysis The recommended Commission action would amend the existing Agreement with the WGI. Therefore, the Commission action does not constitute an activity defined by the California Environmental Quality Act (CEQA) as a "projecf', and therefore, no environmental approvals under CEQA are required. Recommendation Staff recommends the Commission approve Resolution 09-68 authorizing the General Manager to execute a revised PPA with Western GeoPower Incorporated reflecting the revised price of One Hundred Seventeen Dollars ($117) per MWh delivered to NCPA, including the capacity and renewable energy attributes associated with the generation, such revised PPA to be contingent upon execution of a revised Third Phase Agreement fully subscribing the Project at the revised price. In addition, the Resolution authorizes the General Manager to submit a revised Third Phase Agreement to the partiCipating members for approval by its governing authority. Staff further recommends that it authorize the General Manager to make any and all non-substantive changes to the Third Phase Agreement and PPA as deemed appropriate by the General Counsel. Respectfully submitted, HM/KS/dg Attachment: Resolution SR: 188:9 pri~red by: K~EF~ Assistant General Manager Generation Services RESOLUTION 09-68 RESOLUTION OF THE NORTHERN CALIFORNIA POWER AGENCY APPROVING AN AMENDMENT TO THE POWER PURCHASE AGREEMENT WITH WESTERN GEOPOWER INCORPORATED AND TO REVISE THE THIRD PHASE AGREEMENT WITH MEMBERS IN THE PROJECT WHEREAS, NCPA and the Participants are interested in purchasing additional renewable electric capacity and energy for the benefit of the Participants' customers; and WHEREAS, NCPA has executed a Renewable Power Purchase Agreement (PPA) with Western GeoPower Incorporated (WGI) for twenty (20) years, at a price of ninety-eight Dollars ($98) per MWh delivered; and WHEREAS, WGI is requesting that NCPA revise the purchase price to one hundred seventeen Dollars ($117) per MWh to make it possible for it to finance the Project and deliver the energy to NCPA participants; and WHEREAS, NCPA and the Participants wish to enter into a revised Power Purchase Agreement on behalf of the Participants and obligate the Participants to take delivery of and pay for such electricity and to pay NCPA for the costs of undertaking the foregoing activities; and WHEREAS, the environmental impact is addressed in Staff Report #188:9; and NOW, THEREFORE BE IT RESOLVED, by the Commission of the Northern California Power Agency as follows: 1. Authorize the General Manager to execute a revised Power Purchase Agreement with the Western GeoPower Inc., reflecting a revised PPA price of one hundred seventeen dollars ($117) per MWh delivered subject to the approval of a revised Third Phase Agreement with the Project Participants, and such minor and non-substantive changes as may be made as per the advice and approval of the General Counsel. 2. Authorize the General Manager to prepare and submit for execution a revised Third Phase Agreement with the members for their approval including minor and non-substantive changes made to document as per the advice and approval of the General Counsel. PASSED, ADOPTED and APPROVED this 23rd day of July 2009 by the following vote on roll call: v~e Abstained Absent Alameda BART K Biggs ~ Gridley ~' Healdsburg Lodi ~ Lompoc Palo Alto Port of Oakland 9 Redding Roseville nO Santa Clara ¥ TID ' "~ Truckee Donner ~ Ukiah X. Plumas-Sierra ~ .~~ ArrEST: DENISE DOW ASSISTANT SECRETARY TO: FROM: DATE: SUBJECT: ATTACHMENT E 5 HONORABLE CITY COUNCIL CITY MANAGER DEPARTMENT: UTILITIES FEBRUARY 19,2008 CMR: 141:08 ADOPTION OF A RESOLUTION APPROVING THE NORTHERN CALIFORNIA POWER AGENCY THIRD PHASE AGREEMENT FOR WESTERN GEOPOWER INCORPORATED RENEWABLE ENERGY POWER PURCHASE AGREEMENT FOR THE ACQUISITION OF UP TO FIVE AVERAGE MEGAWATTS OF ENERGY OVER TWENTY YEARS AT AN ESTIMATED COST NOT TO EXCEED $86 MILLION RECOMMENDATION Staff recommends that the City Council adopt a resolution approving the Northern California Power Agency (NCPA) Third Phase Agreement for Western Geopower Incorporated renewable energy power purchase. Additionally, for this agreement, staff recommends Council waive the investment-grade credit rating requirement under Section 2.30.340(d) of the Palo Alto Municipal Code. BACKGROUND In 2002, the Council adopted a renewable resource portfolio standard with the objective of meeting 20 percent of the City's electrical load with renewable resources by 2015, while ensuring the retail rate impact does not exceed 0.5 cents per kilowatt-hour (¢/kWh) on average, or approximately 5 percent of the average retail rate premium (CMR:398:02). In March 2007, Council advanced and increased the renewable portfolio standard with a target to meet 20 percent of City loads with renewable resources by 2008 and 33 percent by 2015. The new target was to be achieved while maintaining the retail rate impact measure of 0.5¢/kWh (CMR:158:07). It should be noted that the City'S renewable portfolio standard measure excludes large hydro-electric resources that account for approximately 50 percent of the City'S electric supply in an average hydro year. CMR: 141:08 Page 1 of4 The City made considerable renewable resource commitments in 2004 and 2005 at prices of 5 to 6 ¢/k Wh, and should reach the 20 percent renewable portfolio goal by 2008 with minimal impact on retail rates. The City is still seeking new amounts of renewable energy equal to approximately 13% of annual usage to meet the 33 percent renewable portfolio goal by 2015. The search is proceeding in 3 venues: through City requests for proposals, through NCPA's Green Power Project, and through NCPA's full membership participation opportunities. The current recommendation is one ofNCPA's full membership opportunities. DISCUSSION NCPA owns and operates two geothermal plants in the Geysers area of Sonoma County and Lake County, California and was recently approached by a British Columbia corporation, Western GeoPower Incorporated (WGI), which has rights to deVelop a geothermal project roughly sized between 15 to 35 megawatts (MW) in the Geysers area not far from NCPA's other facilities. WGI would like to enter into a Power Purchase Agreement (PPA) with NCPA to sell all output from the plant to NCP A for a fixed price of $98/MWh for a term of 20 years. The plant, which qualifies as a renewable power project under state-adopted definitions, would be electrically connected to the California Independent System Operator-managed transmission system. The plant would be built on the site of a former Pacific Gas and Electric Company (PG&E) 62 MW plant that operated from 1979 to 1989 before being dismantled. As a power output purchaser rather than as an investor-owner, NCP A and its members would not be taking the risk that power production levels may decline, as happened with PG&E's former 62 MW plant at this location. Under the terms of the PP A, NCPA members pay a fixed rate for any energy delivered. If delivered volumes decline, NCPA's payments to WGI, and thus Palo Alto's payments to NCPA, would be reduced proportionately, freeing up money to purchase replacement renewable energy from other sources. Eleven members of NCPA, including Palo Alto, expressed interest in purchasing shares that totaled more than 400% of the PP A. NCPA allocated participation shares to the interested members in proportion to those members' loads with the result that Palo Alto's share would be 11.28% of the output if all other interested members receive their governing board approvals for their shares. At that participation level and expected plant output, Palo Alto's share would amount to about 2.8 average megawatts equaling roughly 2% of its load. If one or more other participants do not receive approvals for their full shares, there may be additional shares available for consideration. In light of the relative economic attractiveness of the WGI proposal compared to other renewable resource offerings, staff is seeking Council authority to participate in up to 5 average MW of the project even though preliminary estimates are that Palo Alto's nominal share is likely to be about 2.8 MW (11.28% times 25 MW). More output may materialize for Palo Alto in two ways: it is possible some members may decrease their share giving Palo Alto a chance to increase its share, and it is possible the steam field may be more productive than estimated. Even if Palo Alto were able to get 5 average MW from the WGI project, the City would still need 8 more average MW to reach its renewable energy procurement goals for 2015. CMR: 141:08 Page 2 of4 The Third Phase Agreement has been reviewed by staff and approved by the City Attorney's Office (Attachment 8). The Pro Forma Power Purchase Agreement between NCPA and WGP has also been reviewed (Attachment C). Western GeoPower is a relatively small company that does not have a credit rating by Moody's or Standard and Poor's. Since energy deliveries will be tied to a specific generator at a specific location, as opposed to market contracts whose deliveries are often backed by financial strength or collateral rather than a physical asset, staff recommends that Council waive the investment- grade credit requirement for public agency contracts required under Section 2.20.340 (d) of the Palo Alto Municipal Code. This conforms to Council action on prior renewable resource contracts (CMR: 461 :04). This waiver is intended only for small companies that do not have credit ratings. The PPA was reviewed by NCPA staff, Palo Alto Utilities staff, and Palo Alto's Energy Risk Manager to determine that the combination of value, price, terms, credit worthiness of provider, and any credit assurances warrant Palo Alto's participation. RESOURCE IMPACT The cost of renewable supplies under the Agreement is expected to be $46 million over 20 years. This assumes that Palo Alto's participation level and the plant output would provide 2.8 aMW (about 2% of Palo Alto's load). If, however, Palo Alto is able to get an increased allocation of the project up to a maximum of 5.0 average MW, then the cost is estimated to be $86 million. In ether case, the incremental rate impact will remain within the 0.5¢/kWh limit adopted by Council. POLICY IMPLICATIONS Adoption of this resolution allows the City to participate in the NCPA Third Phase Agreement to purchase renewable energy and thereby is consistent with the Council Top Four Priority of Environmental Protection. Participating in the Agreement is also consistent with the following City policies and guidelines: 1. The Council-approved Climate Protection Plan adopted December 3, 2007 containing Utilities Goal 2: Reduce carbon intensity of energy supply provided by Utilities; 2. The Council-approved Utilities Strategic Plan with regard to employing balanced environmental solutions; 3. The energy risk management policies; 4. The rate impact limits and the renewable portfolio targets in LEAP Guideline #6; 5. The portfolio diversification goals in LEAP Guideline #3; and 6. The City'S Sustainability Policy Statement, adopted April 2, 2001 (CMR 175:01) and revised June 18, 2007 (CMR 260:07), the Green Government Pledge, adopted July 19, 1999 (CMR 284:99); 7. The US Mayors' Climate Protection Agreement; 8. The Comprehensive Plan, specifically: a. GOAL N-9: A clean, efficient, competitively-priced energy supply that makes use of cost-effective renewable resources. b. POLICY N-44: Maintain Palo Alto's long-term supply of electricity and natural gas while addressing environmental and economic concerns. c. POLICY N-48: Encourage the appropriate use of alternative energy technologies. CMR: 141:08 Page 30[4 ENVIRONMENTAL REVIEW Execution of the agreement does not meet the definition of a project, pursuant to section 21065 of the California Environmental Quality Act (CEQA). However, the City and other participating members intend to receive output from projects that will constitute a project for the purposes of CEQA. Project developers will be responsible for acquiring necessary environmental reviews and permits on projects to be developed. ATTACHMENTS A: Resolution approving NCPA Third Phase Agreement for Western GeoPower Power Purchase Agreement B: NCPA Third Phase Agreement for Western GeoPower Power Purchase Agreement C: Renewable Energy Power Purchase Agreement between Northern California Power Agency and Western GeoPower Incorporated D: NCPA Staff Report and Resolution 08-07 Approving both the 3rd Phase Agreement between NCPA and members for Western GeoPower Power Purchase Agreement and the NCPAI Western GeoPower Power Purchase Agreement PREPARED BY: DEPARTMENT APPROVAL: CITY MANAGER APPROVAL: CMR: 141:08 TOM KABAT Senior Resource Originator VALERIE O. FONG Director of Utilities EMILY HARRISON Assistant City Manager Page 4 of4 247 La Cuesta Drive Portola Valley, CA 94028 (650) 854-0540 fax (650) 854-9702 smobile (650) 619-5500 sherrylund@aol.com TO: FROM: DATE: RE: The Honorable City Council City of Palo Alto Sherry Lund July 30,2009 Proposed Evaluation Criteria for City Manager Attached is a draft of evaluation criteria for the City Manager. This draft was developed with the involvement and input of James Keene. This revised criteria reflects Mr. Keene's leadership style, the broad scope of the job, and elements of generally good leadership and management practice. We look forward to hearing your feedback. At the Monday, August 3 Council meeting, I will be asking for your comments, edits and approval of this proposed criteria and evaluation form. Thank you for your assistance and best regards, Sherry Lund Principal of Palo Alto Se tember 2, 2008 -June 30, 2009 Note: Continue hard copy comments on back or attach pages, if needed. 1. 2008-2009 Goals and Accomplishments (from workplan and previous Council development goals. Note: No official goals were set in the past 9 months.) Out- t dl san ng (See attached self-assessment of goal completIon) Comments: I 2. Vision and Strategy The City Manager: Out- standing Exceeds Expecta- I tons Exceeds Expecta- tions Meets Expecta- I tons Meets Expecta- tions Needs Improve-Unsatis- ment f actory Needs Improve-Unsatls- ment factory • Supports the development of the Council's vision; communicates and fosters it throughout the organization and within the community. • Supports Council's development of a city-wide strategy. • Strikes the right balance of dealing with day-to-day demands vs. attending to long- term strategic interests of the City. • Encourages the City to tackle difficult, but necessary, long-range challenges. • Prevents crises whenever possible but responds to crises when necessary. Comments: Prepared by Sherry L. Lund Associates, Portola Valley, CA (650) 854-0540 Page 1 Exceeds Meets Needs Out-Expecta-Expecta-Improve-Unsatls- r-:----= __ --::-::-=-.".--:--_.,--____ ---. __ -..-=s:::ta:.:.;n:=di:.:.;ns,-g_...:t::.:io:.:.;n:;.s __ ....:ti:;:.o:.::;ns=------, ment factory 13. Council Relationship I I I I The City Manager: • Identifies problems and recommends solutions. • Keeps Council members appropriately and equally informed and does so in a timely manner. • Assures Council has access to information when needed. • Understands and acts on Council agreedwupon priorities. • Demonstrates the appropriate level of leadership/participation during Council meetings. • Assures that staff members' participation in Council meetings demonstrates adequate preparation, clear analysis and appropriate participation. • Demonstrates the ability to listen to performance feedback and translate that feedback into action. • Is respectful, yet forthright in interacting with Council. Comments: Please list any specific Improvement{s) that the City Manager can make to strengthen his/her relationship with Council. 4. Communit Relationshi The City Manager: • Listens openly to public requests and suggestions. • Is responsive to requests from the public, within the context of his job responsibilities. • Manages boundaries and expectations well. • Is engaged and committed to building and sustaining community by fostering strong bonds among different Interests and stakeholders and the City. • Is visible and present In the community. • Is a good representative of the City and a capable communicator. Comments: Prepared by Sherry L. Lund Associates, Portola Valley. CA (G50) 854-0540 Page 2 5. Relationship With Key Stakeholders and Partners The City Manager: • Ensures that management staff is appropriately engaged with Commissions and Advisory Boards. • Maintains the right level of engagement (balancing time and benefit) with other key stakeholders (e.g., government organizations at the local, regional state and federal level; boards and agencies, school districts, Stanford University, the Chamber of Commerce, friends' groups, the media, and other organizations). • Does a good job In representing the City of Palo Alto's interests with key stakeholders (e.g., government organizations at the local, regional state and federal level; boards and agencies, school districts, Stanford University. the Chamber of Commerce, friends' groups, and other organizations). • Is a good negotiator with key stakeholders and partners. Comments: 6. Executive Leadershi The City Manager: • Exercises sound judgment • Sets and models high ethical standards. • Models and leads through mission, values, and personal example. • Fosters the right balance of creativity and Innovation with getting things done. • Moves the organization forward through planning and effective change management. • Effectively manages in an environment of conflicting values and opinions. .. Can build consensus and negotiate differences in a complex environment of conflicting values and opinions. • Is respected and trusted by staff. Comments: Prepared by Sherry L. Lund Associates, Portola Valley, CA (650) 854-0540 Page 3 7. Organization Culture and Effectiveness The City Manager: • Helps create and communicate an Intra-organizational vision that Is aligned with the Council's vision and the needs of the community. • Builds and sustains a strong and capable organization through: o Recruiting and retaining quality employees. o Managing employee and organizational performance. o Reducing unnecessary bureaucracy; simplifying and streamlining systems and processes where needed. o Fostering balanced and considered risk-raking. o Building a culture of service and responsibility. • Attends to the creation and maintenance of a positive work environment, e.g., through open and regular communication, teamwork, cross-departmental collaboration, and employee participation and recognition. • Coaches staff members and assures that employees are engaging in professional development and growth. Comments: 8. 0 erational Mana ement The City Manager: • Attends to the long-term financial health of the City. • Effectively assures competent budget development, execution, and financial controls and monitoring. • Foster competent and accountable personnel management in the organization • Negotiates fairly and effectively on behalf 01 the city with unions, developers and other interests. • Assures the organization gets things done that matter through clear staff goals and accountability to those goals. • Advances the use of technology in the delivery of city services • Encourages high performance and continuous improvement among staff and In all City operations. Comments: Prepared by Sherry L. Lund Associates, Portola Valley, CA (650) 854-0540 Page 4 9. Professional Contribution and Development The City Manager: Out- standing Exceeds Expecta- tions Meets Expecta- tions Needs Improve-Unsatls- ment factory • Is a respected and recognized leader in his field; makes contributions, within a reasonable and prudent level, In the world of local government and public affairs. • Continuously learns and improves his own capability, • Maintains a sensible work/life balance, understanding the demands of this position. Comments: Prepared by Sherry L. Lund Associates, Portola Valley, CA (650) 854-0540 Page 5 110. Overall Strengths: Comments: 1 11. Overall Areas for Developmentllmprovement: Comments: 112. Overall Rating (Circle/highlight one) Outstanding 5 Exceeds Expectations 4 Meets Expectations 3 Needs Improvement 2 Prepared by Sherry L. Lund Associates, Portola Valley, CA (650) 854·0540 Unsatisfactory 1 Page 6 1 13. Suggested City Manager developmental goals for 2009-2010 -list these below Comments: 114. CITY MANAGER COMMENTS (may continue on back or add pages as needed): Signed.~ __________________________________ ___ Mayor Signed ____________________________________ ___ Chair, CAO Review Committee Signed~~~--------------------------------­City Manager Date Date Date Signature does not indicate agreement with review comments. Signature acknowledges that review discussion of comments and ratings took place on date above and that employee has received a copy of evaluation comments. Prepared by Sherry L. Lund Associates, Portola Valley, CA (G50) 854·0540 Page 7