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HomeMy WebLinkAboutRESO 9618160721 jb 6053799 RESOLUTION NO. 9618 [Amending and Correcting Resolutions 9552 and 9580] Resolution of the Council of the City of Palo Alto Amending and Correcting Resolutions 9552 and 9580 to Correctly State the Prices and Program Limits for the Palo Alto Clean Local Energy Accessible Now (CLEAN) Program RECITALS A. On October 5 9552 correcting Resolution 9512 and include Exhibit A­1 to the Resolution, which was inadvertently omitted in Resolution 9512. Exhibit A­1 contained then­current CLEAN Program Eligibility Rules and requirements necessary to implement changes to the Palo Alto CLEAN Program. B. Recital A(ii) of Resolution 9552 May 27, 2015 action regarding the contract price for solar energy resources in the CLEAN Program. At its May 27, 2015 meeting, contrary to the title and Recital A(ii) of Resolution 9552, Council voted to continue the CLEAN Program price for solar energy resources at 16.5 c/kWh for both 20 and 25 year terms. C. On March 28, 2016, the City Council adopted Resolution 9580: a. Adopting revised Palo Alto CLEAN Program Eligibility Rules and Requirements and authorizing the City Manager or his designee to sign contracts for resources meeting those Rules and Requirements, b. Maintaining the Palo Alto CLEAN Program price for local solar energy resources at 16.5 c/kWh for both 20 and 25 year terms and continuing with a Program limit of 3 megawatts (MW), c. Reducing the Palo Alto CLEAN Program price for local non­solar eligible renewable energy resources to the updated avoided cost of such energy ($0.081/kWh for a 20­year contract term, or $0.082/kWh for a 25­year contract term), from the prior avoided cost projection ($0.093/kWh for a 20­ year contract term, or $0.094/kWh for a 25­year contract term), and continuing with a separate Program limit of 3 MW specifically for local non­ solar eligible renewable resources; and d. Approving the amended CLEAN Program Power Purchase Agreement (PPA) to implement the recommended changes. D. The title and Recital F of Resolution 9580 inadvertently carried forward the misstated solar resource contact price from Resolution 9552. DocuSign Envelope ID: 09AFBE1C-C54D-4D18-8BA4-318C23F3B864 160721 jb 6053799 E. Based on the foregoing, the City Council of the City of Palo Alto finds and determines it advisable to amend Resolutions 9552 and 9580 to correctly state the prices and Program limits for the CLEAN Program. NOW THEREFORE, the Council of the City of Palo Alto RESOLVES AS FOLLOWS: SECTION 1: The title of Resolution 9552 is hereby amended to Council of the City of Palo Alto Amending and Correcting Resolution No. 9512, Maintaining the Contract Price for Palo Alto Clean Local Energy Accessible Now (CLEAN) Program at 16.5 c/kWh, Expanding the CLEAN Pr ­Solar Renewable Energy Resources and adding a 25­year Contract Term Option and Adopting Revised Palo Alto CLEAN Program Eligibility Rules and Requirements . SECTION 2: Recital A(ii) of Resolution 9552 is hereby amended to stat Palo Alto CLEAN Program for solar energy resources, maintaining the contract price of 16.5 cents per kilowatt­hour, and continuing with a CLEAN Program limit for solar energy resources of 3 megawatts (MW). SECTION 3: This resolution supplements, amends, and corrects the original resolution No. 9552 only to the extent necessary to correctly state the price for solar projects as 16.5 c/kWh and, except to the extent specifically amended by this resolution, the original resolution 9552 shall remain in full force and effect. SECTION 4: The title of Resolution 9580 is hereby amended to state: Resolution of the Council of the City of Palo Alto Maintaining the Contract Price for Palo Alto Clean Local Energy Accessible Now (CLEAN) Program at 16.5 c/kW and Decreasing the Contract Rate for Non­Solar Renewable Energy Resources to 8.1c/kWh to 8.2c/kWh Based on the Reduced Avoided Cost of SECTION 5: Recital F of Resolution 9580 is her wants to continue the CLEAN Program for solar resources at 16.5c/kWh for both 20 and 25 year terms and continue with a Program limit of 3 megawatts (MW). Additionally, the City wants to reduce the price for local non­solar eligible renewable energy resources to the updated avoided cost of such energy ($0.081/kWh for a 20­year contract term, or $0.082/kWh for a 25­year contract term), and approve the amended CLEAN Program Power Purchase Agreement (PPA) to implement SECTION 6: SECTION 1 of Resolution 9580 is hereby amended adopts revised Palo Alto CLEAN Program Eligibility Rules and Requirements, set forth in Exhibit 1 attached to this Resolution; (2) maintains the Palo Alto CLEAN Program price for local solar energy resources at 16.5 c/kWh for both 20 and 25 year terms and continues with a Program DocuSign Envelope ID: 09AFBE1C-C54D-4D18-8BA4-318C23F3B864 160721 jb 6053799 limit of 3 megawatts (MW); (3) reduces the Palo Alto CLEAN Program price for local non­solar eligible renewable energy resources to the updated avoided cost of such energy ($0.081/kWh for a 20­year contract term, or $0.082/kWh for a 25­year contract term), from the prior avoided cost projection ($0.093/kWh for a 20­year contract term, or $0.094/kWh for a 25­year contract term); (4) continues with a separate Program limit of 3 MW specifically for local non­solar eligible renewable resources; and (5) approves the amended CLEAN Program Power Purchase Agreement (PPA) to implement the recommended changes . SECTION 7: This resolution supplements, amends, and corrects the original resolution No. 9580 only to the extent necessary to correctly state the prices and Program limits for CLEAN projects and approve the amended PPA, and except to the extent specifically amended by this resolution, the original resolution 9580 shall remain in full force and effect. // // // // // // // // // // // // // // DocuSign Envelope ID: 09AFBE1C-C54D-4D18-8BA4-318C23F3B864 160721 jb 6053799 SECTION 8: The Council finds that the adoption of this resolution is not subject to California Environmental Quality ACT (CEQA) review under California Public Resources Code section 21080(b)(8), because the rate adopted reflects the reasonable cost of the CLEAN d Requirements is not a project under CEQA, and therefore, no environmental assessment is necessary. INTRODUCED AND PASSED: August 22, 2016 AYES: NOES: ABSENT: ABSENTIONS: ATTEST: City Clerk Mayor APPROVED AS TO FORM: APPROVED: Senior Deputy City Attorney City Manager Director of Utilities Director of Administrative Services DocuSign Envelope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