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HomeMy WebLinkAboutRESO 6162ORIGINAL RESOLUTION. NO. 6~62 RESOLUTION OF THE COUNCIL OF T~H~E-C~I~T~Y OF PALO ALTO APPROVING AN INCREASE IN FINANCIAL COMMITMENT OF NCPA A..~D THE CITY RELATING TO THE LICENSING OF 1.'HE FEATHER RIVER PROJECT WHEREAS, the Northern California Power Agency (NCPA), Sacramento Municipal Utilities Di::":rict and several southern California cities have e~1tered into a Feather River Licensing Application Agreement to pursue a joint application with the Federal Energy Regulatory ComJDission (FERC) for a license for the constructed Rock Creek-Cresta Project No. 1962 (known as the •Feather River Project•) 1 and WHEREAS, NCPA baa authorized the filing of such a joint applica- tion with the FERC1 and WHEREAS, Palo Al to is actively pursuing participation in the Fe~ther Project1 and WHEREAS, NCPA has entered a Second Phase Agreement with City of Palo Alto and other NCPA members for relicensing of the Feather River Project (hereafter •The Agreement•) dated May 15, 1981; NOW THEREFORE, the Council of the City of Palo Alto does RE- SOLVE as follows: SECTION 1. The City of Palo Alto hereby approves the increase in f inanclal colllllitment of NCPA under Section 6 of The Agreement from approximately $184,575 to $500,000, (the City's pro rata share of which increase is from approximately $68,000 to approximately $183,400). INTRODUCED AND PASSED: July 25, 1983 AYES: Bechtel, Cobb, Eyerly, Fazzino, Fletcher, Klein, Levy, Renzel. Witherspoon NOES: None ABSTENTIONS: None ABSENT: