HomeMy WebLinkAboutRESO 9628160912 jb 6053824
Resolution No. 9628
Resolution of the Council of the City of Palo Alto Approving a
Standard Form Master Agreement for the Purchase and Sale of
Natural Gas
RECITALS
A. On April 23, 2012, the Council adopted Resolution 9244 amending the
Gas Utility LongTerm Plan (GULP) Objectives, Strategies, and Implementation Plan to
discontinue the laddering purchase strategy and implement gas supply rates that
change monthly according to market prices.
B. In accordance with GULP, the City must purchase and, incidental to
purchases, sell gas to meet the needs of its gas customers by contracting for terms
varying from less than one month to one month. The City's Energy Risk Management
Policies provide that the City will purchase only that quantity of gas meeting its load
requirements at the time a transaction is executed.
C. By the ordinance adopted August 15, 2016, Council approved changes
to the Municipal Code specifically streamlining the purchase and sale of wholesale
utility commodities and services and explicitly allowing for standard form Master
Agreements.
D. The standard form Master Agreement is based on the North American
Energy Standards Board, Inc. (NAESB) Base Contract for Sale and Purchase of Natural Gas
2006 version and includes Special Provisions and a Credit Support Addendum.
E. Negotiated Master Agreements with specific natural gas suppliers
will be recommended to Council for approval with maximum expenditure limits and
transaction terms.
NOW, THEREFORE, the Council of the City of Palo Alto RESOLVES as follows: SECTION 1.
The Council hereby approves the attached standard form Master
Agreement.
//
//
//
//
//
DocuSign Envelope ID: 4432CC8E-00B8-4E1C-99D6-E8341D470F49
160912 jb 6053824
SECTION 2. The Council hereby finds and determines that the adoption of
this Resolution does not meet the definition of a project for the purposes of the
California Environmental Quality Act, under Public Resources Code Section 21065 and
CEQA Guidelines Section 15378(b)(5), because it is an administrative governmental
activity which will not cause a direct or indirect physical change in the environment.
INTRODUCED AND PASSED: October 4, 2016
AYES: BERMAN, BURT, DUBOIS, FILSETH, HOLMAN, KNISS, SCHARFF, SCHMID, WOLBACH
NOES:
ABSTENTIONS:
ABSENT:
ATTEST:
City Clerk Mayor
APPROVED AS TO FORM: APPROVED:
Senior Deputy City Attorney City Manager
Director of Administrative Services
Director of Utilities
DocuSign Envelope ID: 4432CC8E-00B8-4E1C-99D6-E8341D470F49
'IVXMJMGEXI3J'SQTPIXMSR
)RZIPSTI-H '' )& )' () (* 7XEXYW 'SQTPIXIH
7YFNIGX 4PIEWI(SGY7MKRXLMWHSGYQIRX 6)73 1EWXIV%KQXJSV4YVGLEWIERH7EPI2EXYVEP+EWTHJ
7SYVGI)RZIPSTI
(SGYQIRX4EKIW 7MKREXYVIW )RZIPSTI3VMKMREXSV
'IVXMJMGEXI4EKIW -RMXMEPW /MQ0YRX
%YXS2EZ )REFPIH
)RZIPSTI-H7XEQTMRK )REFPIH
8MQI>SRI 98'
4EGMJMG8MQI 97
'EREHE
,EQMPXSR%ZI
4EPS%PXS'%
OMQFIVP]PYRX$GMX]SJTEPSEPXSSVK
-4%HHVIWW
6IGSVH8VEGOMRK
7XEXYW 3VMKMREP
41
,SPHIV /MQ0YRX
OMQFIVP]PYRX$GMX]SJTEPSEPXSSVK
0SGEXMSR (SGY7MKR
7MKRIV)ZIRXW 7MKREXYVI 8MQIWXEQT
%Q]&EVXIPP
%Q]&EVXIPP$'MX]SJ4EPS%PXSSVK
7IRMSV(ITYX]'MX]%XXSVRI]
'MX]SJ4EPS%PXS
7IGYVMX]0IZIP )QEMP%GGSYRX%YXLIRXMGEXMSR
2SRI
9WMRK-4%HHVIWW
7IRX 41
:MI[IH 41
7MKRIH 41
)PIGXVSRMG6IGSVHERH7MKREXYVI(MWGPSWYVI
%GGITXIH %1
-( H IGFHIJ G HIE
)H7LMOEHE
IHWLMOEHE$GMX]SJTEPSEPXSSVK
%WWMWXERX'MX]1EREKIV
'MX]SJ4EPS%PXS
7IGYVMX]0IZIP )QEMP%GGSYRX%YXLIRXMGEXMSR
2SRI
9WMRK-4%HHVIWW
7IRX 41
:MI[IH 41
7MKRIH 41
)PIGXVSRMG6IGSVHERH7MKREXYVI(MWGPSWYVI
2SX3JJIVIHZME(SGY7MKR
-(
0EPS4IVI^
0EPS4IVI^$'MX]SJ4EPS%PXSSVK
'LMIJ*MRERGMEP3JJMGIV
'MX]SJ4EPS%PXS
7IGYVMX]0IZIP )QEMP%GGSYRX%YXLIRXMGEXMSR
2SRI
9WMRK-4%HHVIWW
7MKRIHYWMRKQSFMPI
7IRX 41
:MI[IH 41
7MKRIH 41
)PIGXVSRMG6IGSVHERH7MKREXYVI(MWGPSWYVI
2SX3JJIVIHZME(SGY7MKR
-(
.EQIW/IIRI
NEQIWOIIRI$GMX]SJTEPSEPXSSVK
'MX]1EREKIV
'MX]SJ4EPS%PXS
7IGYVMX]0IZIP )QEMP%GGSYRX%YXLIRXMGEXMSR
2SRI
9WMRK-4%HHVIWW
7IRX 41
:MI[IH 41
7MKRIH 41
)PIGXVSRMG6IGSVHERH7MKREXYVI(MWGPSWYVI
%GGITXIH 41
-( JIEE GFFH EG I
7MKRIV)ZIRXW 7MKREXYVI 8MQIWXEQT
4EXVMGO&YVX
TEXVMGOFYVX$GMX]SJTEPSEPXSSVK
1E]SV
'MX]SJ4EPS%PXS
7IGYVMX]0IZIP )QEMP%GGSYRX%YXLIRXMGEXMSR
2SRI
9WMRK-4%HHVIWW
7MKRIHYWMRKQSFMPI
7IRX 41
:MI[IH 41
7MKRIH 41
)PIGXVSRMG6IGSVHERH7MKREXYVI(MWGPSWYVI
2SX3JJIVIHZME(SGY7MKR
-(
&IXL1MRSV
&IXL1MRSV$'MX]SJ4EPS%PXSSVK
'MX]'PIVO
'MX]SJ4EPS%PXS
7IGYVMX]0IZIP )QEMP%GGSYRX%YXLIRXMGEXMSR
2SRI
9WMRK-4%HHVIWW
7MKRIHYWMRKQSFMPI
7IRX 41
:MI[IH %1
7MKRIH %1
)PIGXVSRMG6IGSVHERH7MKREXYVI(MWGPSWYVI
2SX3JJIVIHZME(SGY7MKR
-(
-R4IVWSR7MKRIV)ZIRXW 7MKREXYVI 8MQIWXEQT
)HMXSV(IPMZIV])ZIRXW 7XEXYW 8MQIWXEQT
%KIRX(IPMZIV])ZIRXW 7XEXYW 8MQIWXEQT
-RXIVQIHMEV](IPMZIV])ZIRXW 7XEXYW 8MQIWXEQT
.ERIX&MPPYTW
.ERIX&MPPYTW$'MX]SJ4EPS%PXSSVK
'PEMQW-RZIWXMKEXSVW
'MX]SJ4EPS%PXS
7IGYVMX]0IZIP )QEMP%GGSYRX%YXLIRXMGEXMSR
2SRI
9WMRK-4%HHVIWW
7IRX 41
'SQTPIXIH %1
)PIGXVSRMG6IGSVHERH7MKREXYVI(MWGPSWYVI
%GGITXIH %1
-( HJI J JFFJ G
1EVMXIW;EVH
1EVMXIW;EVH$'MX]SJ4EPS%PXSSVK
%HQMRMWXVEXMZI%WWMWXERX
'MX]SJ4EPS%PXS
7IGYVMX]0IZIP )QEMP%GGSYRX%YXLIRXMGEXMSR
2SRI
9WMRK-4%HHVIWW
7IRX 41
:MI[IH %1
'SQTPIXIH %1
)PIGXVSRMG6IGSVHERH7MKREXYVI(MWGPSWYVI
2SX3JJIVIHZME(SGY7MKR
-(
.ERMGI7ZIRHWIR
.ERMGI7ZIRHWIR$'MX]SJ4EPS%PXSSVK
.ERMGI7ZIRHWIR
7IGYVMX]0IZIP )QEMP%GGSYRX%YXLIRXMGEXMSR
2SRI
9WMRK-4%HHVIWW
7IRX 41
'SQTPIXIH %1
)PIGXVSRMG6IGSVHERH7MKREXYVI(MWGPSWYVI
2SX3JJIVIHZME(SGY7MKR
-(
'IVXMJMIH(IPMZIV])ZIRXW 7XEXYW 8MQIWXEQT
'EVFSR'ST])ZIRXW 7XEXYW 8MQIWXEQT