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HomeMy WebLinkAboutRESO 9093) Resolution No. 9093 Resolution of the Council of the City of Palo Alto Approving an Amendment to the Northern California Power Agency Green Power Project Third Phase Agreement to Allocate Shares from Existing Participants to an Additional Member, City of Gridley 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 WHEREAS, the City, along with other members of NCP A, entered into THE NORTHERN CALIFORNIA POWER AGENCY GREEN POWER PROJECT (NGPP) THIRD PHASE AGREEMENT for the purpose of procuring electrical power and environmental attributes ("Green Power") from NCPA's NGPP; and WHEREAS, the NGPP Third Phase Agreement provides for NGPP project participants to purchase Green Power from renewable resources and/or to develop or acquire physical renewable generation assets; and . WHEREAS, the NCP A Green Power Pool took steps to begin developing a Solar PV Project (the "Project") for the benefit of its members; and WHEREAS, the City of Gridley ("Gridley") is not a member of the NGPP or a signatory to the NGPP Third Phase Agreement; and '- WHEREAS, Gridley now wishes to become a member of the NGPP and a signatory to the NGPP Third Phase Agreement; and WHEREAS, in accordance with Section 7.2 of the NGPP Third Phase Agreement, no NCP A member may become an additional party to the NGPP Third Phase Agreement unless one or more of the Participants elect to allocate a portion of its Participant Percentage to such Member; and WHEREAS, the NGPP Participants, including the City, now wish to allocate a portion of their participation percentages to Gridley, so that Gridley may become a member of the NGPP and a signatory to the NGPP Third Phase Agreement. NOW, THEREFORE, the Council of the City of Palo Altodoes hereby RESOLVE.· .. as follows: SECTION 1 .. The CoUncil hereby approves the Amended Northern California Power Agency Green Power Project (NGPP) Third Phase Agreement, including the amended ExhibitA, which allocates 0.0912 percentage points of Palo Alto's 23.4375% participation interest in the 1 100729 jb 0073408 ~ ~ 2" !:t. g -o j,... ~ tr.I ~. a' ..... ~ > NGPP. Participant Election (aMW j NGPP Participant Election (%) . (" aMW = Capacity in Average MW) NGPP Participant Election (aMW j NGPP Participant Election (%) . ("_aMW= CapacitvinAveraae MIN) NGPP 3rd Phase Aareement Panlclpandon -Without Gridley . Total . Ukiah] AnnaMW BART Healdsburg Lodi Lompoc Palo Alto Plumas· SVP 64.0 ·7.0 2.0 5.0 5.0 15.0 2.0 25.0 3'~1 100.00% 10.9375% 3.1250% 7.8125% 7.8125% 23.4375% 3.1250% 39.0625% 4.6875% NGPP 3rd Phase AgreernentPardciPantion -Acgusted to Reflect Grldl~Pardci-,-atlon Total Ann arvrN BART Healdsburg Lodi .Lompoc· . Palo.Alto Plumas SVP Ukiah 84.25 7.0 2.0 5.0 5.0 15.0 ··2.0 . 25.0 3.0 100.00% . 10.8949% 3.1128% 7.7821% 7.7821% 23.3463% . 3.1128% 36.9105%· 4.6693% Gridl~ O·~I .0.3891% > ~ .. ~ tr.I Z .I-i .~ o HI-i O;:c: . e; ~ ~O ==3 .. ~ ...... ~ . 0...:.:1 Z~ >;a ~b .~.~ . ·900 tr.ItI:1 . ~> §~ o~ I':tj~ °H i:E >-4. ·~o f;;>. '-<b o (') > .. td. 00 ;:c: .> ~. ·00 ~ .~ e ""'3 >