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HomeMy WebLinkAbout0279.095.. '~. ·;. o City of Palo Alto City Manager's Report BONORABU: CITY COUNCIL CITY MANAGEIt 19 .\jlpI9oaI1II C-.d willi Depu bwU III J!DeoIf .... Ilopw:IuwDt 111'--r ... JIaaBdag III ~ ......... PIal RewIDd I'rojeI:t REOUEST This rq>Oi1 requests thai Council approve and authorize Ibe Mayor to execute • contract with !be DepanmenI of Energy's Westem Area Power Adrnlnistration and Ihc Departme!ll cf Interior's Bu.""". of R«lamatloo fo< Furxfmg cf M.inte~ Work at Shasu PowetplaDt. TOI.II financing from Palo Alto o'.r a four year period is $1,601,825 with !be fund, being Rpaid with interest over a nine year period. On JaI1IW}' 4, 1995, !he Palo Alto Utilities Advisory Commission voted unanDnoosIy 10 =mend Coond approval cf this ConIrxt. SfWMMlrjNPATIONS SIaIf rec<JmIIlClIds !hat Council aulhorize tbc Mayor to execute tbc attached contract betweea !be Depar!menf: of Encrv" W..u:no Area Power Admini.stI1ltion (WAPA) ancIlbe DepartmenI of Interior's Bureau of R«lanuItion (Bureau) and 15 W AP A customers inc~.><fmg Palo Alto for funding 0( malnknance """" .t Shasta Power Plant (Cootract). PQUCV IMI'LlCATIONS This Contract makes • sborI term multi~ revolving loan to !he B:rreau 10 fund overdue gemntor maintenance and 10 incmLo;e ge""tolor ClIpacity at tbc ShastA Po"' .. Plant. h supports Ill< City'J policy 0( being an active partner with the electric utility's major power . supplier, W APA. JOO!',C(]'fJyf; SUMMARy W AP A "'" been unsua:essfuI in getting the _ Coug=sioual OOdget appropriation I1III>oriIy for 521.175 milliou 10 fund _ deferred maintecance ""ad: and 10 increase genen.tinj capacity Oil !he ShastA Dam 1lydroelectric generators. Congress expects W AP A power <:usIOmCnI to loan tbe money needed 10 perform the ,.art. This wad: will increase tbe capaclIy 0( tbe Shasta generators and, tberefore, mluce tbe level {J( bigbet <oot capacity purcIlascs during peal periods. ' .. ";-" ' , j . -'-... ) -..... -.. . - o fuDds lent 10 tbc Bumlu for this sIlort "'nn (approximately ann",,!) revclving loan would be returned with inleresI as bill credir. on our momhly WAPA bill. Therefore, tbc funds ,..ouk! be \ess liquid dwI OCher investmelllS !hal could be readily sold on short ootiu. For this _ staff bas recommended Iimhing Palo Alto', <hare of tbc loan t.o 35.9 pe~. so that tbc Utility lC30Nes arc not recluc<d belo ... !he minimum target set by CounciL Over !he e>pe<Ied five year COUl"lie of !he ",ark, staff will reque<I Budget Amendmelll Ordinances anl!!or inclusions in !be oot"IIJa! """set processes 10 male funds av.a.ble 10 meet !he ConIract funlling cub calls. llepaymenlS .. m be made 10 Palo Aho as credits on IOOmhly power billJ from WAPA-EYeD it WAPA is sold, !he loan will be repaid prio< 10 2004. DSCAI. IMrACf Due 10 !be n:volving nature o! !he loan with cash calls in SlDaJ'l stepS and an eq>ecled quick reNa o! prim:ipaI aod interest, tbc maximum oulStanlfmg balance for any month is cq>ecled 10 be \ess than $10.000,000 for !he entire loan from all 15 WAPA customers_ Since Palo A!Io', staff recommencIed 35.9 pen:enl. participation, !he maximum expected OUISWlIfmg bat"""" sbouId not •• cecd $3,600,000 in any month_ However, unplanned evelllS, such as defaulting customers, could drive that up by 25 POrcelli; and ccmtnJctionIfuncrmg scbedu1c: shifts could also vary !he maximum O'Jtstanding amount up 10 2S """",IlL ENVIRONMENTAL ASSESSMENT No e>Mromnenlal .. ,es""'Ml is _ by Palo Alto_ The maintenonc<: and uprating sbou!d produao environmental bencfils in IermS 0( o!Jsetling peaIdng gencratioil and providing additional capacity without siting new power plants or burning fUeL ATIACHMENTS; Contract for Funding of M.jnlom"", Wad< at Sbasta Power Plant 11419S M=orandom 10 Utilities Advisory Commission Prepared by: Tom Kabat. Senior Resoun.:e PIanoer Tom fubasbi, AssWnI Director o! Utilities Department Head Appro .. l, City Manaser Approval: • :> . TO: ROM: DATE: -'." C~'" "~_;~).~ ''': MEMORANDUM UtiliPes Acfvbor} Commissioa UtiJilies ~t 1anuary 4. 1m BEmMMENDAIJONS: .- 7. L 'Ibis tepor! requests that !he UtiliPes """isocy Commissioo (IJ AC) recommend City Council appr<N>l of Palo Alto EIccIric Utility participatio!! '" Ihe final ~tract 'IIlth Western Arr:a Power AdminislIatioo (WestenI) fOr FUNDING OF REWINDS AND UPRA res AT SHASTA POWERPLANT, a dI2ft 0( ,.hlc~ is attacbed. 'Ibis request is being made 10 aI10w Palo """"'s Electric UtiliI)' lO lend approxinw.ely $4 10 51 million from its eIe:tric reserve fund in • \oan 10 WCSlenl 10 allow !he United Stll.!<s B=aa 0( RccJarnatioo (Bureau) 10 proceed 'IIl1h approxinw.ely S 19.875 miJlioa in needed &ei>eraIor rcfwtisluncnt and uprating at !he Shasta l'owetplant. Tbe range: from $4 million 10 51 aIiIIico reflects the uncertainty surrowtd"lIl, wbether OIl1er Westeno customen can commit 10 fund !he loan. la order 10 IIlCCI the BuTeau'. scbedule fOr financing sta.-ting April 24, 1m, Commission appro."al of !his 4rut ac=rnent is being mj,ucsted at the lanuary lIAC.-lng. " BACKGROUND; W_ and !lie BUreau bav. been unsuccessful at getting !he needed Corgressicnal budg", appropriation authority fOr S19.815 million needed 10 fund rewind and uprating wo<k on !he Shastt Dam Hydro;,Tectri<: gener.olOn. Westen! has approached their customers 10 request • lCCIn 0( !he money \0 perform !he work. poucr 1MPJ1CATIONS; 1M C"1Iy w not previously participated in • loan arrangement suc:~ as !he one outlined in this proposol. J,Wting. significant share 0( Ihe \oan requesled by Westera woo1d put the C"tty in a partncrs!Iip 'IIlJlt its larJeot supplier and assists with the f;JW1cing 0( the project thai suppr;es the bulk 0( Ihe City'. power. Makin, the \oan 0( these fwIds ,",ou1d enable the Bureau 10 p1"OCCed 'IIltll !he rewinds and efiminate I generator failure C<JfItingcncy that !he utility bad built these reserves 10 add~. thereby using reserves proactively rather than reactively. " .. < .:-'; : ... . ,,"C.-'C,.-_ :.~_~ -::''\ ,~.~-; ," o , :> , DtSO§5ION; Conpess .. pects Wcstetll customers 10 provide a Ioa~ 10 Western for L'ti. maintenan~ and 1IpI>.fu1& ltaougl> ~ Conlrib"~ hnds Act. We=!> ... approacbed it! custOO\erS to lSk for an InIerOSl-bearing loan of S 19.875 million 10 fund !his wark. The int= rate """,Id be adj~ periocf.:aIJy 10 reflect current 15 yeM U.S. Trcasut)' bond rates. Monthly payments 10 participaIin& W= customers would be in !he form of cflIlOCt I>iJling credits as • line item on !he cust<>mer', Westen> bill. WesIenI is requesting. loan at CUSUlmcr funds SIlfficierll 10 """inc! &. uprate units 3, 4, &: S from 9S MW 10 IlS MW taeb Illd insWI •• \!IlMost bearilIgs &: core. for units 2,3,4, &. S w.-.. staff indicates Ibat L~' benefits of !he wor>: wi1l include improvements 10: System Reliability· present windIng. are on !be verge of foilu", Ol'enuion t1exibility • Ihrust bcar'.ng improvements Pealdne t1exibility • during "t!ler Brut forced outages Added capacity to med. daily Project Dependable Capacity Additior.aI energy during higb inflow re!= r .... benefits ",oold be inCDrpcr.!t<d inta t!le ~"tral VaTh!y Project sYS!em and woold be SlIared by an custom ..... Palo Alto Staff feel tI1at this Is a beneficW proje<;l, a safe loan (minimal c!efault risk or interest ",to: risk), and ..... y '0 c!emonstrate 10 Congress L'W Palo AIIo is • partner with WesIe!t. Additionally ~ $UCCUS of Westen> al Raising. tlo""""" loan for lho Shasta gencalOr work will signal Congress IIlat Westera Cllstomers de value and rely on Shasta g"""tor output and !hat Westem ""stomen are dcing tbeir part 10 maintain Ibis federal.".,t h wO'Jld also signal Congnoss !hat cootinued support for the Shasta Temperature Control Device would be warranted. A possible bendil: 10 contributors may .rise from a noo-transferable Right of FlfSI: Refusal (ROF.R) \0 • p«rrata po.-:;oa altho .ppm"mately 41 MW al new pealdng capaci<y that may be created as a side benefit of the needed malnten.ance work. Thi. ROFlt could only be ~""'ised eacll year that Western determines there is systeml'ide .. cess peal<in; l'OWer avail.able to be mark.ted. The amount of ROF.R peaking po ... r created """,Id depend on, among <>!her thing', !he water level or bydraulic bead available at " certain dale In Sl1ast:a Reoervoir. Staff believes this unccrtai. pcal<ing capacity will be of ooJy minor value to Palo AI", and has DOl assumed any value for it in making • recommcndatioo to proceed. The ROF.R 'llouid run from date of completion 10 date of lermination of • .;,;nng Con= (I213lJ2OO+'). The City Treasurer currently invests. the Electric Utilities funds (commingted wiu': other City funds) in U.S Treasury instruments of varying short 10 medium lerms to achieve minim.al 2 , '. , . ., defauII risk and low infere3l rate risk as ",ell as ad«j<l8lc li<juid1ty. LencflJlg. ponioo 0( die tIIill6es .-vet 10' U.S: government agency frOID ",boa> ..... annually buy "pwards 0( $2S miIIioft ~ 0( power would keep OIl!' ~ in~ in U.S. government accoonts and so woWd _ jeopMcfue the safety 0( 0\lI capital. The loan wou1d be made in S plweo as 00ItIined in Exhibit A. Ea<:It pIwe 0( the loan would be IqlOid within approldrna/dy 12 mooths 0( Ibc dale it is made and therefoR will JeSemble III inltRSt earning revoIvin.g fund taIher !han • Ion, """ amortized loan. AJ.1'EBNAID'ES: M an allemalive II> making 1l1is S year revoMng loan 0( Utility reserves II> Western and the llumm, Palo Alto coold bow ~ 0( Ibc projec\ and forgo tile good will benefits .. 'Id ROFIt baIefiu. III 1IIat.,..,., the S&<:ramenlo Municipal UtiliI)' District (SMUD) and other Westen! CIlStOIIlerS have offered ID -'Iep up Iileiz participatior> 10 see IlIat die loan is made. F1')CAI. IMPACT; Funds lent 10 Westen fOr Ihi$ ~ pIwe 4 year ",valving fund loan .,iould be returned willi interal as bill omlilS "" our """,lilly Western bill. The funds "'OllIe! therefure be less liquid than OCher investments 1Ila! coold be readily sold O<l >hon notice. Fo< Ihls muon, Staff =_ limiting Palo Alto', ~ 0( !he loan so t!",at die UtiliI)' RSeTVCS .", DO( Rd"""" below die mWmum target set by Council.. Inve$llng Electric Utility reserves 10 fund up 10 57 million 0( the loan ID Westen>. would DOt in iIse!f bring =ve levers doW1I cme to minimum levels set by Council and 1lIOIllc! DOt alter die scIledtJle 0( rate adjustinenlS. This level 0( commitment 10 die revolving fund would enable.Palo Alto 10 fund up 10 60~ of /lie project C05t if other Westem cUSlomen .", unable II> assist witl! die loan. ENyIRONMENTA L ASSESSMENJ: No ..,vironmcnlal assessment is n<eded by Palo Alto. The mainll:nance and uprating should produce environmental benefits in terms 0( offsetting peaking generalioo and providing additional e""'EY ..... thout siting ""'" power plan ... or burning fuel. . STEPS FOllOWING APPROVAL; F"ma1 draft 0( die agr.:ement will be developed by fur1ller customer, Westen! and &rean efforts. The final ag=menlwill go to council. fOr apprtJYaI witlloot further U AC review proYidecIlIO subslaJltive c!wIges = made. Upon approval, the agreemenlwill be impIemecl<d and die project Ereasurer will contact the City ..... 111 cash can requests and proper bill omlilinl will lake ~ over !he four years 0( tllIs agreement AUACBMD!1'SIEXHIlIrIS; Weob:B·, December 19, 1994 d<aft of the proposed CON1"RACT fOR fUNDING Of REWINDS AND UPRATES AT SHASTA POWERPLANT W_·. Draft "Embit A" ANTiClPA TED SCHEDULE fOR SMAST A REWINDS "AItIdunent ." ESCROW AGREEMENT •.•• ) -'<'::-. ~. --- ·j • -4 0-~.tr.ct Woo 94-SAO-OO041 UNITE\) STAlES otPAATKEIIT Of EMEllG~ WESTERN ARiA POWER ADMIWISTRA1IOK AIIll DEPARillElil OF IH£ IWlERIOR BUREAU Of ~fClAKATION (OOm rAlUY PROJ£tT. tAllFO!UII,I. 8,1., AREA RAPID TRANSIT DISTRICT (IT"! Of lOilI cln Of PALO AI. TO (In Of REIlOING UTY Of RO' •• HIllE (lTl Of SAIIT,. ClAAA SACRAllEWlO MICIPAl ITTi1iTI DIS1.1CT TIlRU)CK IRIUrJo.TIOfi DISTaltl • Draft December ,q. 1994 . _-',-, ._"-'.,; . "", . . . " ; -, '. ;. • @,tract ~o. 94.SAO.0004]"' UNITED SIll itS DEPARTMENT Of ENERGY WEm~ AREA P\l\IER ADMINISTRATION AND DEPARTMENT Of illTERIOiI BURfAll Of REClAMATION CENTRAl fALLEY PROJtCl. CALIfORNIA CONTRACT FOil FUNDING OF R'WINg~=U !!:}~tl!lIil~:'~AT SliASTA BAY AREA RAPID TRANSIT DISTRICT (lTY OF lOOI (ITY Of PALO ALTO CITY Of REDO ING CITY Of RCSttlLLE UTY OF SANTA ClARA SACRAMENTO MUNICIPAL UTILITY DISTRICT TURlOCK IRRIGATION DISTRICT Tab,. of Contents Section • I. l. 3. 4. S. 6. 1. 8. 9. IQ. II. !l. 13. 14. 15. 16. H. 18. U. 29. 19. PREAH8l.E ..... . lkPlANATORY RECITALS A6REfMtNT • . . . . • TERM Of CONTRACT ..•.•. {)(fl.1TION Of TERMS •••• , .~ WORK TO BE PERfORKED AT SHASTA fUNDING fOR VCR( AT SHASTA . . REPAYMENT AND ACCOU~TING FOR CONTtlBUTfD f,~DS UPRATED CAPACITY •..•. RAUS ..••..•....• AUVil AND OVERSIr,HT R!GH1S SUCCESSORS AND ASS! G.~S ••• ENfO!!CEABIlITY .... PERfORMANCE OBLIGATIONS O(fAutT .•.•.... SEVERABILITY ..•.. GENERAL PMR CONTRACT PROVISIONS. ATTACHMENTS AND EXHIBiTS ~ PART Of CONT~~CT OE(YTlQII II to""HEIt'~~l i " Draft December • 1994 .~~ ".: !.~., ~-"." "_'~"""'~"_:_; _:..~_>,>.i .<~~:P.:: -.,: ... ~.:, ..: (o.tract No. '4-SAO-OOO" Z 3 IIIHTED STATES DEPARtKEMl Of EHERGY 4 VESTERN ARE.l POVER AIlMIHISTRATlOII A/ID 5 DEPARDIEHT Of IMlERIOR BUREAU Of REtlAllATlIlfl , CENTRAl ' ... IHl PllOJttl, CAlIFORNIA 7 COIHAAU fDR FUNDING Of IIfWIN9S "'ill ~i'AAm ~~f;[JA@I)~T SHASTA P<M:RPI.AII1 e , Ie II 12 JJ 14 15 J1 18 It 2Q 21 2Z 21 24 25 26 11 28 BAY AREA RAPID TWlsn OISUlET CITY Of lOOI (ITY Of PALO Al. TO tlH Of REOOI"G C[TI Of ROSEVIllE CITY Of SANTA tlMA SACRAMtKTO HUNICIP~ UT[LITY DIST~ICT TURtOCK IRRI&ATIIlfI DISTillT I. P1!EAM!!lE: nis Contrat! is •• de this ___ d,y of _____ _ 1995, purs.a.t t. the Acts of (o.gr.ss apprDved June 11. 1902 (12 Stot. 388); A"9uSt 26, 1931 {SO St.t. 844); August 4, 1939 {53 Stat. IIS1}: August 12. 1955 {69 Stat. 119); ~tober 23. 1962 (1~ Stat. 1113); and August 4. 1911 (91 St.t. 5,5); and Acts a .. nd,tory Dr ,uppl.mentar) t. tbe foregQlng Acts; belvee. the UNITED STATES Of AMERICA (United St,te,). (1) ,ctlog by and throogh the AdmInistrator. Vester. Are. Power AdDilistraticft. De~aTtment of Energy. berilftafter c~11ed ~ester*. repres"ted by the officer exec.ting this (ontract, or a 6"1, appoi.ted SUCCtSSQl', 2lereilla~ter~ called t~e Contracting Offi.cer, an~ {ii) acting by and tbrough the Commissioner. Bureau Gf Reclamatfo~. OepartmeDt of the later;ar. ~erel"after called Re,1amation. represented b) the Region,1 Director. Mid-heific Region; iio~~tj~t,~:~.fJ!iJ!j.,~1! l1,!:;r~;JI~1Jil1",~~~UlttIII!l,~~_m:r~~'.~:Aa:<!f.;:,~;~!~~!' ~1JMl!~~[iW;~lli~~~~~!~~I\;:~~!~i/l;!~t~~j'! I Dnft December • 1994 ;. 1 2 3 'fNfRAl PQW£ICOHTRACT PROVISIONS (JANUARY 3, 19l19) 4 EXJHlIT A {fSTIMATfO FUNDING SCHfOOlf) EXHIBIT • (REP~YKENT SCHfDOlE) 5 , 1 8 • 19 11 12 Il 14 i5 I. 17 l! 19 2Q 21 22 23 H 2S 26 27 28 ii Draft December • 1994 I 2 1 4 5 6 Z. J e 9 19 \1 Il Il 14 15 16 J1 18 l' lQ 21 22 2J 24 25 26 27 28 ~ll Qrg~"lzo4 and existlog ""der the la •• of the St.te .f'C.,lforal.; herel •• fter called the ( •• trlbutors Ind all c.ll.ctl,ely cal 104 the Plrti ... EXP!.A/!AIDRl RECITAlS: 2.1 Shasta Dm and Po~ • .,.,1ant (Shastl) ~,~l~ i_flm~;iffl~,\t!t~iiiJ:{~Jl1l1§I.ro '.aluros .f t.le SkiSt. tlhJs1on. Central '11 le)' Project (tVPH:. a:~d ·.ere aw\Jileriu' lsy t"e e.e'geRet ReHef l'\f"''I'pjdisA5 'Jd sf 1935 (49 Stal. Hi). 2.2 Reelam.lio, is responsible, .m<~ ot"or thio1', for plan,fog, designing, c.nst'"ctlng. o~.r.ting. and aal.tailing the elettTital po_er generating facilities at Shasta. 2.3 Vester. is responsibl. for ~.rket'n9 the power produced It Sh"h:;~;;;~};!~t~,~~~~t,ijs,il· 2.4 Shasta cootafns fi.e {S) generatfng units ~.ving a combined gen.r.ting capacity of 578 ~gawatts (NO). 2.5 Oue to age. ~onma1 W!ir. a~d dtterjoratjQ~, the statDr windings for gener.ting units 3. 4, and 5 at Shasta should be replaced, and certii. ~ther ~ilDter.ance _Drk should be performed t~ imp~~e reH.bil it! and incr .... operational n.xlbilItJ. 2.S ReclaMation, onder the tenos of t~is Contract. ~lJ ~wt,~ .. (~!~.~SIIli~i)i!W'~P\ ~~~.!~:liI!i~;J("'i 11 r.,l.ce the stator windings 'or generollng "nits 1. 4, and 5, I.stall new thrwst bearfngs. 'igh pressure lubrication systems for such bearfftgs~ Ind exc.tltions sY$tems. and perfor. other ~o~\ necessar1 tD restor. the generating units .t Sh.st. t. good oper.ti.g condition. • l Draft December '-'. 1994 . ~, I 2.1 no CD"tributors wl!leh I.e fiFlle, I. this &,ol ••• ! w111 2 Idvance the D,c.ss'~1 fynds for Reclamation to perfOMl the wcrk required 3 I>y th1s Controct, and will ~ ... the right of first r.f ••• l t. purchas. 4 the exc ... c.p.cHJ~7j!!~~jiilI';~jj~~f~~~;i~,Iir!!~~.de "'.Ih~le 5 UP.w,tt Petll aeeF&e!lt ef Ute stahp windf~!5 wHh IIRAS:fligs af JtiS'Aete- i .ap.e;I". 1 3. A&REEXEN!: Th. Partie. agree t. the tenos and conditions .et forth 8 here' •. 9 4. IE!!!! OF C1l!!TWI: nls Contract shall beco.e effective o. ____ , II 5. DEFINITION OF TERMS: As •• ed herei', the following term, have the 12 fGllQWi~g ~a"ings ~eA used wlth iaftfal ~Ipitalization, ~~ether 13 SiD5Iuhr-(IT ph:ril: 14 5.1 Cash. Call: A req1Jest foY' funds sent to ecce {;cntTibuto," froll ]5 time te UN by th.e Pruject Treasurer. S.Z Contributor: A Party t, tiis Contract that provides funds 17 for the work to be perfonned by Reclamation .nd.r thIs (ontrlct. 22 S.3 Escrow Account: An ~.ttrest belri~g ~cco~nt estib'lshed by II tht PrQje~t lr@asurer It I Federal', insured bint for tht purpose Df Z~ holding the <c~t'ibotors' f~nds until all disDursemeRts aTe made t~ 25 Ret1-amaHon and th& ... ork set forth ill t'!Jis Contract lS complete. 50.4 P .... oject Trnsurer: The iAEI-i-..hh.a1: en~n)' selected b)' the 27 Contributors to establ ish the {$-Crow Aacuntt issue U1e (ash Calls. and 28 3 Draft Deco mber ,1994 -: ,- -, _7 ~"".-- 2 l 4 5 6. 6 J I 9 10 11 12 13 14 15 15 11 18 U 20 21 22 23 24 25 26 21 28 .. ~ '". < , perfo .. other flna""hl c!"tles as •• , b ... q"lr.~ for the Shish ... f.' ••• je~·)I!J:rji'M~\ll1tit;~~·[!:l!PtM. n. ".,.Ihhps h ... ~y WORk II IE rElfDIftED AT SHASTA: Reclamation .hal1 ~ .01.1, res~on.ib1. for the folloortng wort It Shast.: 6.1 Prepar. specifications for the work to ~ perfonoed at Shast •• 6.2 Award and ad.loister contract!.} for vort at Shasta i. accordance wit) Feder.l acq"isitlon regulatIons. Sa!d co,troct!s) shall E8~taiR ''II' ul .e Hllited ta ~--"'fM!·'~!~;:~to01i-· ':-'-'---'-:~!Jl'l:jUWi.'-n-:lt • !:!,.\l'L,... w, .•...• ,. ..~.. . ,.",", •. : .. .> •••••• tj!l>~i!ii:the f.llowlng requir.ment.! 1.2.1 Submittal of drawings ana technic.l d.t. ror all equIpment to be f"r.i,hed and lo.t.lled; 5.2.2 Submittal of de.ign data. test report •• calib<ation certfficates~ certtfi~ inspection reports, payment jBformatfon~ and 1aber stlndard~ dati as reQufred fl the speeiffcltians. &.2.3 Fyraishins all necessary material, eq~ipme~t, and labor far the replacement of t~e stator core, stltor winding, protective relays and assocfat!d bus rings~ excitition s~stems, tail generator lfad nexible connectors be-twelll. the generator -.aiR leads. Ind the existing segregated pb.s. bus structure. and bigh'pres,ure tJPe lub,ic.ted tbr.st bearings for generatf~g units )~ 4, and S; and 5.2.4 Replacing or reinsalati~g the generator ~a;1 field windings. '~J Review and deteraine responsi~eness of bids. 4 Draft December 21. 1994 2 3 4 5 6 1 8 S 10 11 12 13 14 IS 16 11 18 19 20 21 l. 22 23 24 25 2E 21 2& ." . ~ -~,,~-. . ', ~ ~-~-. " 1.4 Review .11 bid. submitted for coopllo,," ~;t~ <pee Hic.ll0.s. 1.5 I •• peet .. nufocturer', f.e!litles and mo.itorproductlo ••• d testing. 1.1 Witness testing at •• ""factur.r's focl1ltle. a. requIred. 6.7 Review ~anufacturer's yalaa engineering ~ropo$a's, ;nd apprQve is deemed appropriate. i.a I,spect Inst,11.tion of equipment. 6.' Vitness ItceptanCt testiDg of equfpment~ &.10 Revlew acceptance test res~lts lnd approve ;s 6ecessary_ i.11 Vitness lo.peclions. 6.1~ Disassemble the Ynlts 11 preparation for th! removal of the eXlstfng stator ~nding, and fnstil1atio~ " a new stator windlDg~ and other work needed on the units. E.ll Reassemble t~. units after cempleti" of tne rMnd 000 other ~r~ O~ the ~nits. 6.14 Purc~ase n~ t~rwst bearing fDr un1t 2 and new core iran for un;! I. 6.1~ Prepare QuarterlJ progress reports to be distributed to each Contributor. Fli!I!II1G fOR lIORK ... J SHASTA, Th!oto~h:llllit.r.lI.""'.pPoI~!!d"~ S~ ... tlQ4"io}ctp~1\1lnmDi.~rtc.t' {~}.,. tIil!Pro~!!i;;i~"fer ~.$I'II,J!} ... h.~ Ac"ept~qili<:1o.~t"t.oient: The Project Tr .. surer .~.1J establ~sb the t~rowAccountt deposit tach Contrlbutor5~ funds in the t$Cro.Acc~unt. and mai~ti11 an adequlte ba1ance fa the Escrow Account during the term ~f t~i$ Contract to fund the work qenera11, descr1bed 11 Section 5. The estimated funding $(~edule~ is developea by Reclamatfon, 5 Draft De~mber ~ , 1994 2 l 4 5 , 7 S , 10 II 12 13 14 15 !6 --/' 11 18 n 20 21 22 !J 24 2S 21; 27 28 f.~ deposIto t., and withdraw.l. from, the Escrow Account is shewn f. Ex~lblt A •• tt"hed horet. and •• de • part hereof. The \6\,1 m,!'@ llIOunt te be funded Ii1IiiJrai!ml!§if¥oIunder thl. Ccntroct Is shawn II [Xhl~it A, and shill not be fncr •• sed fl subsequent re.lslons t. [xhiblt A unless, reed b all 'ortle •. -cl'i~'''iliir«f~&~';~ 9 1 I,ft;t .. ",-":,<:",,,,~e:..,~., IJL:\: i~:,-" .... "","" n' ",).",;' ,i.i!.~ i.'O\,,&~~~"""-_,·:~,·.-ltIigljj~' H~~~~~~,,1~~,_ ' ".,"1.!L"'z:::G:«"';""od\':<,',!:"x,',d,, s~al1 Jti~. 111 tREPease~ fR tatll ".je6\ Easts 11 e~eeS5 .f '~e letal slls_ 11 W!lIit " WBleSS 1!~eFW45e IfF!!" .y 'he Pa .. Ues. The Pr~ject Tre .. urer .. "talsh.ll ~stibllsll en its books ef accounts, subaccounts identifiEd for each tontributor ~Ich will show deposits to. and withdrawals from~ eac~ subaCCQUnt3 and iuter~st accrued on funds i~ e.c~ subacc",'!. lbe Project Treisurer sball Issue Cas~ Calls when neeeS$arl to ~imtlll a" adequate balance fl the Escrow AccQunt as provided I. this Section 1. Any <osts inc,rred by the Project Treasur.r h eshblis~i"9 !!II~c;!!.Vi~!iJif!9:the (scrow Account as c.arged by the ff". nc i.l i .st It' t f 0 ";cp'f~;~!;~i!ln~(;~!fJi:~f~i~11~f!,'~ t~~J:i~"!iII9!It!!,,>h.lI be billed t. each Contributor il oceo-rd.nco ~H~ Its percentage shown I. Exbiblt B hereof. 1.1 lb. Escrow Account ••• 11 be established I. a fi.onci.l institMtlO~ that fs a commercill bank Dr trwst company or national banking associotl •• doing busines. and ha.ing its principal .ffice i, "ew 'orl~ New rort~ Chicago. 1111nQ1s~ lGS Angeles , (alifor.fl. or San fronclscI, C.1iforoia, .nd ba.\.g capillI sto(\ an;.:",r,lus 099"9at.1n9 ., ',-- at leost fiftJ .illio. dollars ($50,000,000). if \he.e •• 'such a '~r~ill bank or tr.st company or ~ati~nal bankiaq associatioD ,. 6 Draft December . 1994 ·il11~9 ~nd able te Iccept th! icca~nt an reasonable ind c~stomiYY l to"". 3 , 11 '.1!i~H .\ lie'!!.'. 'he FFejee~ T,eUtI'f'eF sl'1all i.Uije 'i ,~s" 'an '\8 " Nt): Gafltr1'8whr EIJ:IHll te tl'1e 't'8 ... e\ sf the GefttFt~nJt&1"'s ,ereantiit S she"'" tft ixJl~'ei\ I; l%taE~ed llepeta aft!! .ide Ii ,aFt Ilepeef, ;,,,d Ue a ""~:[,/f-~··~"""~~~;m'l"'-Gal·""t!-m>=w,·t :J~' .... Ab !p;;,..,gm!1!11r~~t£j~~t.,,", c.wd;,l!;"~:j~"""," .... ~~"'L,,.. .. ~,,,,xo',,ox~,",,,,,,,"~ 0' .,:..1. p 9 ~3li!Bl'iI~l~ftfjifA~J!lif[~a~l$)(,~~;:>!·~tl!ll'~!;!:~ lG g;'Y:'If~~~;~·~:~!!@."rt~~'r~il;li!f~·~~~fIe II ~iii!~~~!t~,~!~~l.i\i~: ~¥>!!>.;i~:~'bJ~·,'.i'·.\!ai1l~, .)i!;jtif:!\iif,?iadf'~ 11 mt;~!J~~~tl'lg~jilit!i)fl"'· f~ff~~ •. i'i<l f~r~1ICli4a~,)s ,shCWil 13 li~.\!lcTh!~~~~ 14 l~ the Project ITusu .. r yjt~1a fiHee. tiHij1tj'l~} diYs of receipt of 16 suc; C,.1I C.ll. 11 l' be ateount94 for 1. tiC' ContTib~tor's subcccount~ and $tal\ be 1. d:e.posited (a,to t" ... £s.ct"1N Account is soon as possiblf. but in no 2vent 2a lItor tb. t~re. (1) bosine .. days f.1I'''''',9 receipt there.f. ,,@ 'f\>.t II C<!nlrl¥prs', . U. Pt'Oj~t 1' ..... ""' .... sh~l r.i.sSiretll~ .. C.~.'SaI IS ••. ~~~ t4 f~. t •. Sllbs«tlOll 1.t.,xib~~~.ti\f!!itor~·~'11 ~~ui:!\l:"-<lil:.l}s)~ 2S ~.t f'ortII. J.SllbseeUo..J ,k'fr •• ti ... to ii •• as r.~.ir.~ '1 He 27 '''e Pnje:e\ tPeullPer ~i:H iss\:Ie {ash talls fa¥' the peE:essQf:) JlI!:Fl:ds it 1 Draft December • 1994 -' .... !/! -' . ./:- Je~at '~fpt1 (3GJ 1a~5 fa ad,aRe! If t~e date the f~A~5 .,e nee'ed. 2 tal" '&8{;,;I .. I'., Sotllll ,It, ttl! _!~'Al;s "Hell 6HhtB f,rhea (Ii) fa".s 3 If rEuijit If 5i161t Cas" 'all 'hi uUP'daFlee w!th , .. ltuetial't 1.3 lIel'ee', 4 J:he '",,'s reeekell ., the P"jet' T,easure, ShlH lie aeeeJYI\ed 4'." .~d 5 'e,nUs. il 'he her,w 'SUl:ut't is ,'B'Iitled fa EYllseetieR 7.' "epeef •. 1.6 Prior t. Ottob6r 1, of each y •• r until tbe work set f.rt~ 1 beref. is coaplete, Reclcm.tion s~.11 update the l.fannat! •• II Exhibit a A b.~f shcwhg .n) <hang .. 1. the tl .. ing "ft' ...... ~. of hnds n •• ded , t~r<>ugb t~. end Gf t~. period r.qulrO<! for tne c""",ittlon of tno lIort 10 described il Section 6 hereof, ond sh.ll submit s~h upd.ted laforo.tlon II t. the P,..,Jec\ Tr ... urer Ind I{esterl. If Iccel.rote<! fundiog Is It re~ulrtd b) Reclamat'o~ during ~~, ,ear, 1 stlt!m@nt ef t~t relsons J3 ~r""Ptfog the icc.lerated f~ndi"... and the amount Df funding .o.ded. 14. shall be submitted by Reclamation t. the ProSect Tr •••• r.r and ~.st'r1. 15 Ve.te .. _s~.ll revise the fundfog schedule ia ~;blt A IS necesslry and 16 prD"~' the Project Tr.asur.r. ~ •• c~ tDntr; butDr ........ -t-Iw>. 18 J.1 Prior to Janua~y I, ef eac\ year until t~e ~r\ set fQrt~ U bere,. Is complet., Red .... Uon shan pro,lde t. the ~~!~::l'F6Je.t 2Q TpeasdPep ilftd the (8fl\Fih'fteFs~ neJJ .... eseAhti','e an accQ;unting of the 21 f,nds expended ror the work ~l!t~~escrib.d II Secti •• 6 bereof. If 22 requestE'ri by the G8R,,,Hu.t BFS f' Re,FeseAtathe ,j~');J'~9 23 A«l ... tlo. will proylde document.tion shoving the payments .. de t. each 24 "o.tnctor, a doscrlptl~o of the vorl ~ft!\tlii!li-bJ .. c~ contractor, 25 and Iny bal.nce t. complete the work for e.c. contr.ctor. Reclamation 2i t1il;shlll ~jye in .ccounting of funds upended for work done by 21 Reel ... t; •• , • descripti ••• f the work performed b1 Recl .. atlon, and the Z8 8 Draft December ,1994 I bal."," to c~l.t. t~e .ork required to be perfonned by Recl ... tion. Z Cop'.' .f t~.s •• ccountlng' 'hill be ~istributod to e.c~ Contributor by 1 the ca"tpib~ta1'5' Re,t'esedathe ~j'~(Ll~~!#t:!f~ 4 1.8 Any Contributor not ~akiog the required payments ~ •• due 5 pursunt fa Subsection 1.3~ ........ 7.S bereof~ will be issued ill htE notice 6 by the Project Tr ... urer. Tha Pl"oject Tre.surer ~Js,o;'J<ll1 ~,end • 1 copy of 'UC~ 1.te ootlce to eac\ other "rt,. Such Contrit.rtor .h.ll 8 hav. te, (It) dlYs i. ~ich t. ~a~. the payment icvoiced i. the C.s~ 9 e,ll. If the I,t. ~.yment ;s not ~ad. by the ele,enth (11th) dOl, the ID Project Tr •• surer 'hall .Hoc,to the ,,,,,unt of the p.yment due on , II ,~.~~:>~.:~r~~f·a~~~l!t!'o.flij>cIl~ 1 ~ll j)'~1~".~.~tii9,11~ J~ 12 ~~,;,~MI~~,~f ·a~f.IIJlJ'=t~~l91J".e<f h'jJl~~$it~e 13 !!'~i/jI'Pi~ial:~{c'tl!eil~~!i~tlfliieetlrig'~O_~ Cash hll for suc~ 14 amounts. The Contributors shall ~ale the ~ayment requlred by the IS ,applement.l Ca,b C,11 to the Project Treis.rer w1thin five IS) .ay, of 16 receipt of the ,uppleme.t.1 'as. C.lI. 11 1~' Any Contributor failing t~ make payments -meA due i~ IS l'Ccordance with Uis Section 1 s1tall be considered ill default. A notice l~ Qf default dEcliTl~g the terwination of partiCipation ie t~is Contract ZQ s~all be seGt to t~e defiu'tf~g C~ntributQr by tne {e~tFlb~t9'5~ 21 Rep ••••• talh. Preject Tr'e~~l:£:!::.nth ~opi .. t •• n P.rties forty-five l2 days after the due date ~f i payment t~it is not ~ade. A revised 23 contributor percentage table shall be prepared by t~e CeAtFjB~\9r5' 24 ne~Fe5eAhH1e ~f'lT~J$)l~f',ind sent to Westers. A revised Ex~i-bit 25 ! ,h.ll ~e prepared ~J lieste" and ,h.lI b. ,eot to each PirtI; ."~ t~. 26 Ce8tfi~yta~5' RepreseAtlti/e. The defa~ltin9 Contrib~tor shall fD~f!it 2' its Tight of first refwsal to ex~ess capacity 9urs~aMt tG SecttQ~ 9 28 Draft December ,1994 ) 2 1 4 S. S , 1 8 9 10 11 U '13 \4 IS l' 11 18 It 20 21 ZZ lJ l4 25 26 21 28 bereof. Provided. Th.t such C.ntr\botor sb.ll rtt,l. Its rlg~t to repayme.t by Mest ... af Its co.lrib.lloe prior t. def.ult. with I.tlre.t, pursu.nt t. Se<tlon !. WAY!If!!I All! ACCOI!ITIIIG EO!! CDIITIll!lrED f1IIIS: Contrlb,tors"l11 be "'_"""""'_ ..... ",£", ..... '._';w re111\bUrsed for funds ''''i!iflEd ~!I,J~!".;IMi~'!<:-~.,,,~=;;~.tk~ ~~~~urs •• nt to S.,tio. 7. wit~ fotlr.,t IS approprl.te, through credits by lieslen on their CYP p .... r 'Ills. ~!g~ ""'"':~"~-P"""~--~;*itil""""'·=£'~"·itie'f.~""'·-:o,,,, ~d;::iiMfi2~~~:,.t"","_"".,2~Z~02~,,',,,<_,"o,.;~~~,.';;f"'" .. <,.«., ':'.bf._.",,,,,,,, ,,"'''''',,' _ £~~~~,*,l n~ ... 'm'iIi"··."","".:""~~~",,:o~llifti·*,,,,,,_ fiiL" . ,,~~'~~~.~i~~_t&.~:3h?,::::: ~tJ!!!'"::""',",_'k":""""'''_''''''':'_.,-",",,..<~,-i~ R;~l~o;"-t~~l?~j;~~~~~~"i~r~!:cr::@:~ mo;r\~;";~~itj!il~~~f!l!'~Iiji~~trIfflT'i.]ns m~~!Jll!!t:Z@J~.j~~:<i#.n !Oil'M::1t:W"'.~:~ ~;f!!!.i<t~;;b.i:o,m:~ft!~~ 9.) The Project Tr •• surer shill proyl6. a copy of .11 tasn C.l1s to Yest.rl and Reclamltlon s~.wfn9 the total aDOunt of t~. Cash Call, and the aeountJ invoiced to eac~ Pirty. responsible for deter.iatng the in~i~)dual (ontFibutQr~s rltio of the tot.l amount to be contrlbutod as stated i. Exhibit B. West.r. shall 'pply the perc.ntago, cal,.lated rer e.ch Contributor t. the amount of witMriWils lIade by ReclUlatfon dY{l'fR~ aft] Eille~dap' fldlRer ~!iIf!;~' ~~]to i~riye at eac\ <ontributor's bill cred't. If any tontrlbutar, at InJ time du,ing the to .... 8f tllis Contract: (I) fs d.t ..... I •• <I h bE f. defa.lt and t~.r.by DO longer a PartJ t. tills C •• tr.ct; or ttl fncreases their pro rat. share .f the tot.l contribution; or (3) decreases their pro ratl 5~are; the Praject Trelsurer s~al1 deteralRe the revised ratiO Ind nottf, ~este .. , ;. wrttfDg wlthi. ten (10) workiDg JG Draft December' • 1994 ",....~-=c..,....,"".'C--: ~"c:. :'.,; 2 l 4 5 , 1 & 9 IB II 1Z 11 14 H 16 11 18 19 10 21 22 23 24 9. ZS 26 21 28 ., ... -;'. d.y. ~f such r •• lslo.. Upe. receipt .f such .otlce V.stero will •• vls' Ex~fbit I and distribute such E.~ibit t. each P,rty1 'Ad the e.l lb. ~fll credit dotermlned f. accord.nce .Ith Subse,tfan 8.2 sh'll be applIed by iest.ra to •• c' CODtributor's power bill .,ch month uotl1 such credit ~.s be •• ,.11, refunded. Bill credits will begl. t~e first f.ll tilling DOath following notlfic,tlon by the ProS.ct Tr.asurer of R.c~ ... tloo·s withdrav>l 'raa the ("row Actaunt. 6.C Simpl. I.t.rest .~.Il accrue on bill credits vh!ch are due, ,.t not f.ll, refunded, ot • rtt. t~.t sbtll not exceed the ,v.r'g. rite (or fre.i.$ury SecurU;:u of 15 years ~~,~,jJf:Or more~ is used ,a t-M ""'Stm';CC' .... r r. iJ1!'OOt st.dJc~·tM"\!ati"cf;\ihli"",,,',t"rtiiii·tlfi .. ·.' ..",,_'", .••. ni,9 p M.'·"".,',.·"'"..... ..", .... " .",., ~~ •. ~~~~bll\><lillili •. nUllti\.f!'l'! .. ~~ . 8,S As .ocess.y}, V.ster. "all ,.spend .11 other bill crediting pTQ9Tams a~d imoynts deterained by Westerl t. be Dwed te the tont~jbutnrs ~ile the CT!dits hereunder iTe IP91fed. Sh~~'d Vest,ra ewe I Contributor ~u'tiple credtts 3 thE credit under this C~ntrict shall be Ipplfed first until suc~ credit ~as beeD fwll, satisfi2d~ I~terest s~al1 not accrue on an, ether bill <rediting program biTi~ce. Vestera will resume other bill crediting programs is soon is practicable lfter the total amount adva",ed by the Contributa" ioO 'lri.tlldri.linJroiit"the E~,c.r""'<Jc~ii~"t.!>y~.cl~U8li ~as be •• credited an the appropriate Contributors' CVP bill. IISlltrtngsSYPRmp CAPACITY: teyfildtiis aM 1¥ry'i}liis't1I~ ."""pl.t'r~~[II~~, <If .~h#h·""lts .. )., f ••... ~5.J. gSI!I( "ijrii#Y~~fQ.' 9i b' of ..• WH>I~t.l1· .7~ .. io Ue ·c~.dtl.~1 .• jJ.bl •• fSh~.5t' ~~.rpla1lt~'.!he Ot""age.18· SIIiStal.k •• ~" .. 6Q;6.lIlllf •. ~.:~e feet II Draft December. • 1994 I " ~or tho ters ef Ufs (ODtrlctl the (.ntrlbute .... Ill ~ glv .. "2 right ef flr.t r.f.sal for purch;" .f oxc ... cap.cltAtf!iP~)§~~j!Ir~ 3 troll t~. {yp '~5tell If and wl1 •• Veste ... det .... '.es ex<." capacity "Is 4 •• allib,. 'Of' Slle. Sod rIght of first refo •• l sh.ll te Helted t. an 5 lIIOunt of .xces,copaclty up t. the amount or capac't1 detenolned to be I • res.1t of the uprotfngs of Units 3, 4, and 5, t. be specIfIed 11 1 ExIli~it ( .i\!!;:PJlJ:lt!!_l~iill!! upon c""",letl.n of the r ... indsr~ 8 _1:!I8!gf~1~~. SDC_ ,;gM of first r.f"sol sban 0." 9 app1, if Shash take st.rage hvel Is fmi~~:i~t~l\ftli@J~,!I~t. I;e 10 ioh.e m;~,13.5 IIHlf •• MFe Feet (!!AFt .t the time of the .ffer fer 11 Silt Qf eJcess capacftY4 The determination ~f the ewseS5 ea,aefty 1Z ... nability !~stgruf;~tt~:.nd t ..... s .f the offerT ,.;11 ~ 13 'ete .. !o.t ~~1 Vestern ot the ti .. of the .ff.r and shill aprll to 14 .11 excess capacity sales. I,~ West.",,', .is",tI,. t!he Contributors IS must ... t the aorketlo9 crit.ri. set (ort~ by Vestera for t~e •• cess Ji .capacAt1 sa.1e" inclt:1dfng any trlnSl'IIlsSlorl requirements. "11 10. Mill; The Contributor s~.' I Pl, for the excu. capacity p"rc~ .. ed is • 18 res~lt Df the right Df first ref~sil purs~ant to Sectfon , bereof. il 19 iccordance with t~e r~tes, c~arges, ~nd c1nditions set fort~ f. 20 Yesterl~s Dot;'e of iva1Jabiltt, fer !xcess capacit,. 21 11. AWIT MIl OVERSIGHT lIGHTS, 22 11.1 A ' •• t.i~.toF ~Pl1' io ~lt.' •. ,.rcls. of .p~ropf"te l3 . fi"ancill cODtnls .. Ilay request tf!ie CeAtf';-lIijh,'s ~ep'f'eSeRtta'1ve ~$m 24 l;~rl't. cau •• an audit to be conducted of the costs of the work set 25 fortl '0 Sect, on 5 of t~is Contract. Sac\ .odits s~.ll nat be conducted 26 more DfteR than every two (2J yeirs. Such .udit mal examine records 27 ~ic~ rel.t. t. varL associated wit. thi. Co.tract incl.ding. but not 28 Draft December • 1994 1 C 1 4 5 5 1 6 ! II II II 13 14 15 16 17 18 19 ll. lC 1I 22 23 24 25 25 27 <18 . " --,,- .' o If.Hed to, t~. ft.anchl lnd contract records of ~;~1{c;1;li,/:~~,i!f!lr; WesternI and Rec'amatlon. Tne cost" inc10ding re.,onabl. co,t. Incurred by !m~~\1tl!r~;7W .. ter.~ and/or Rochm.tloD I. t~. 90r'.",a.c. of the audit, s~.l1 be p.id by the ,.,t.; .. ,".(,} ~mnl req".,till9 the a,J<!I1- !I.Z The ,"_"I his .. l;;~~11sllall b. afforded the o~portunltl to obtlfs faforeat;Qb concerai~g work perfcr=ed under t~fs Contract throU9h ru,ooab .. roquests to the , •• t,j~.to .. • A.,.e ••• t.til'e l!i!!$!iS! ~g. Tlie 'aAt,.j'lItllsp's' R2jJl'ese"tati te _~j~o":~I~Ii~~-sl1all obtaf. t~e i.formation necessa~1 and respond tl the Contrjbut~r{sJ requesting the I.fonn.tion. If any Contributor(,) cesires greater f~volvement than t~at .fforded by the above process, D~ if tne amount cf iilfM1llatfon desirEd' ~comes excessive. ~_ a~~~t,~Jj,("I(~cst~rih "~H"'~lf9!<alidI.ttpe;Pl'ej~.lr~~~!. tn. '.ot,lb.t ••• ' ~I!jIF •• e'tat;'e ~~"1 .... ~~)~ .• 1l iof.,.. tn, requesHng (oDtributor{s) of same, and shall make ~rrangements to secure the f.fonaatio~ requested it the s~1e expense cf the req~est'~9 (eAt'i~~taF ~ttj{s). SUCCESSORS AND ASSIGNS: r,js Contract sh.11 i.ure to tne be.efi! of and be binding upoc the Parties ~ereto and their respective su<cessors. No firtJ shall assign its interest f= this Contratt, i~ whole or \1 part, w{t~out tne ;rfor written consent of t~E other Parties. ]~ nD e~ent $~alJ any Party assi9~ this Contract to -anI Part} whfc~ is ~ot fi~anciill, responsible pr ~ich cannot perForR its obligatfons purs~ant t~ this Contract,noT shall an1 Part~ assign t~is Contract O~ an1 ter;s It varian(e from those set forth in this (o~tri(t. No permftted assignment or transfer s~all change t~e duties Qf t~! Parti~s. or impair Draft December , 1994 -\ I t~. c~anc.s of obtliling 90rfonoanc. under t~l. Contract •• cept t. t~e 2 •• t.nt s.t forth',. such ponoltt.d os,lgn .. "t and opproved I. wrlling by 3 tho firtles. No Port, sh.ll lsslgn Its rignts of first ref.sll t. f exce .. capaclt1 under this C.ntract •. 5 13. E!!F~EfIIILlTY: It Is Mt the htent of the POTtieS thl t~fs Contract & cDnvey 0'1 right. 10 t~lrd plrtl., t •• ,'orco the provls!ons of the 1 Centrict. 1\ls C •• tract can only be enforced by Vestero, ReClamation, 9 suetf. s sars. 10 14. PERfORMANcE O8lI6AT!QMS: Reclam.tion sh.ll >s. its .t.Dsl effort. and 11 sh&11 dilige~t~, endea~or to complete the ~ork described i. Se<tion 6 by 12 tft, d'ite[sJ agree. h #itt! Oe c:a"triht.,'s AejiFeSellhthe ~~i;!~~::f! 11 ~Ml,Mi;~1e!~{l!;iir!11:Mt;~;,~!'l!'~~ ~.~~l!t!::~~~.n 14 U!!':'\\flo;IM·.t:\!B:!":u~Jfod!t;{pJ'!Il.U>f! .. ~.!$. .. ~·.~~·~"~ u ilim'!'1t@m. Ii 15. DEfAULT: The failore of anI Party t. perfo ... any of Its respecUoe 11 obligations .nder this (ont.a<t s~all c •• stit_te • defa.lt undeT this 18 (ootr.cl; Pr.vided. however. lh.t the '.rtl .gal,.1 who. the defaall is 19 as,erted sh.ll not be deemed i. d.fa.lt if ll) it cur', the ass.rted 20 def,ult ~y rendering the Dec.,sary perfonr.,"c. w1t~i. ten (10) days II f.l1owing writt •••• t;ce fro. an, other Party. Wh;c~ notice s~al1 set . 22 fDrth the acts ind omissions ybicn <onstltwte t~e asserted defiult Dr 23 (II) it i' proceeding with rel.onabl. diligence to cur •• uc. default or 24 t. contest II an appropriate 'DrU" and il gDod f.;t~ the .s.ertioo I~.t 25 • default has occurred. U IS. SEYMIlITY: If any clause. sentence. paragrapb Dr part .f Uls 27 Cootract .hDU1d for lny re.,o< be finalll adjudged by any court of 28 Draft December .• 1994 -, ~~;) ~'-- ·-", - competent Jurisdiction to be unconstlt.tional Dr I.yali~, such judgment 1 shan not affect. Imp.lr or !oy.lidat. the rem.inder of t~fs Contract I but shan be confined h Its operatIon to the chus., seotence, .. pariigrapl'l or Inl put thereof di:recU, illvolnd in the contro'Wersl fa 5 ""lck the judgment Is rendered. , 17. 6EN£RAl PQVE& CONTRACI 'RO~ISIOMS: The 6ener.1 Power Contract I Previsions., effec.t'."'Ie January 3, 1989. attached hereto. art. bereby ... ad.e. a a part of thh Contract, the same as jf they h<l been expre"ly set 9 forth ~er.\.. @O St\1\ ... d to c~!Ck for applicable j;pt"s. @O 10 IS. ATTACHKEHIS AND EXHIBITS RADE PART Cf CONTRACT: I.asmuch as the II Estimated Funding Senedule and the Repayment Sehedule und.r thiS 11 Contract ~'J cllange during t~e tent hereof, t"e! Yill be sot forth ift 13 Exhibits 4 i .. d B. rosp!Ctlv.ly .. hch of uid exhibit. shan become a 14 part of tus ContTlct during the to"" fhed by its preyjsfons. [X~ibits 15 4 anc! ! are attached beret., and •• c~ 5~all b. i. forc. and effect fo 16 accordance wiUJ its tel'"lls until respecthtell superseded' 111 i 5ubseq,uent 11 exhibit. 2'0 ;'if'llt effect is if eae" PiFt,. !lad' s'igAed all sUte, eal:i~teF'afts~ _ II 20. J.iiTHQflITY 1'0 (QN:rIV'T: rae ... peF5u lZ~eeI:lHI!' this-CaAtFaE:t 8B lJeJlal f af 22 i Pit=t:f! tllitFfiAts U\a\ the:! a'Fe d'dlJ al:itRsFTze4 ta eltte!'" hit! Uth 2. U;'ii ·1l£L\TlOHSI!! fOf,PART! rs: +T1I~~~~e1i""ts iOb!!9"tlOii~·,i.M 1 !.~nm~#··!.f 25 tft"p.rtiefa"';f.ten<!edh~)~v.r~!~"d ji~t:J<!ral~'<:cn~"fty~ ariO 2i n~Wn9h.r'.ei • .c~tain.d.!I.iln~ef~'Cojl~.~~.ti~~~{" ~n 27 ~Soc! l.l i~~s joipt. we-torf". Jisi$tOfp!r!n\ir~f'i~rt&,!IIpO~".~llJi~t . 28 15 Draft December '. • 1994 I 3 4 s 14 15 ~:;i>f:fffl'.~iiJI}m:t~j'~itf,.!;~.)U~~i~~~':! 'i I" WITNESS WHEREOf, t~e Parties bave c.used t'is Contr.ct t. be executed II t~e Ifay Inc! le1r first aboye writt... The signatories ~eret. represent tht is the1 have been .ppropriat.11 authorized t •• ,ter foto t~is Co,tract on beh.lf 19 of the Party for wh ... Uel sign. 20 21 22 23 Z4 25 2i 21 28 IIIOST[R.~ MEA POI/'iR AOMI~ISTRATION ~: ----------------------- lith: Nfl Pla.!'Iager Addr.,,: lell Sell Street. Soit. 105 Sacrament •• CA 958?1 BUREAU Of RECtMATlOfj Sy: ____________________ ___ 16 Draft December ~" J 994 --­, --'../ i (i) 1 Title: Regi2ni1 girect~ 2 Address: l Sltf<lftl4nt& I 0. 4 5 {Se.,} un Of lOOt , By: 1 AltO$\: nth, a 'y: Addr .. s, 9 lItl.: 10 II (SuI) CITY fJf PALO ALTO 1Z By, 13 Attest: Title: 14 B" . Address: IS Title: 16 11 tS.al} C iT! Of REOO! NG 18 By: U Attest: Title: 20 By: Address: 21 Titl.: 22 23 (SuI) (Ill Of ROSEYlU£ . 24 B,., 25 Attest: Titl.: 2~ B,. : Address :- 21 Titl.: 28 11 Draft Decembe r .;. 1994 -0 . I (50111 ( ITl Of SAKT" (LARA 2 Iy: 3 Athsl: Titl.: 4 8y: Address: 5 Titlt: 6 7 (Su1) SAClWlfNTO JCJljICIPAl UTILITY DISTRICT 8 8y, , Attest: litle: 10 8y: Addr ... : )I Title: U 13 (5 •• 1) SAIl FRANCISCO B~! AREA RAPID lRANSIT ~ISTRlt! 14 IS By: _'Uest: Title: 16 8,: Address: 11 Title: IS 19 2Q (Se.') TURLOCK IRRIGATION OISTRltl BI: 21 "ttest: Ht',: ZZ By: Address: U title: Z4 25 Z6 21 28 18 Draft December !!, 1994 I E SOL U 1 f 0 8 NO. SE IT RE$OO.VEO rv THE CITY COUNCIl Of THE CITV OF , __ • l _, The Is lothorized, "' l>eb.lf of tbe CH, .f _____ , t .... cute this Contract wit~ V •• tor. Mea p""", MOjlted: ______ ~ ___ _ . < Exhibit A C •• tOiller NiIl!IE Contract No. 94·SAO· __ {Est la-ted FundIng I. Til. Exhi~lt A. to be .ffectl •• under lnd os 0 pirt of CO.t.lct NO. 94· SAOc. (heret •• f'.r cilled the ( •• troct) sholl become efftctivI a. --• 199 • and Sblll r .... !. 10 effect until supersede<! by lnother Exhibit A-Qr tenolnatlon Qf the Contract. 2. eto.e :k.eciur:WioB .... Ycarl, Aaivl.ti'el r,; __ 'oIelt Unit" IDstalS C 4 eta • Unit , • JDbIe Uait 4 Di 1 Ie tJalt S Oi wbJ.eUaitJ '-II Comt>ao=>ts • Umt 1 r .... c ... C9MPIUJON DAII Ap< 15,190$ S<pc. 30, 1m _ 10· Feb. '", 1996 Fell. 19, 1996 Fob. 19· ,.., IS, 1996 _ " ....... 7.1996 Oct. , -N~. is. 1996 S<pc. I • "" I. 1997 0cL l. 1997 • ho. 29, 1995 Ju. 29. 1998 ·MM. 10, 1998 I of I $4.611,000 5 400,000 $5.150,000 $5,750,000 $19,&7S,OOCI Draft December • 1994 . HHIIlT B hMbft e C; tl of U::--"'7i7,....,;;;r. Contract No. 9J·SA~·20062 (~ep.yme.t Schedule Ind Contributors Percentages) 1. T~ls [X\i~!t B. to be effective under lnd IS a part of CDntroct No. 94· SAO-__ (he.ef.after called the CDntrict) .ba" become effective on . • 199 •• nd shall reoal. I •• ffect until superseded by ooother txhlblt B Dr ten-i.ation of the Contract. Z. The f.llowing hblo .~ .... the Contrib<Jtors Per,o,tage t. b ... ed as the basi. for colc.l.tl>9 the credits t. be aade t. the Contrib<Jtor' CVP bills . PA.~T1CIPAATS GR9 iii SHAAE • 11 . I .f 1 Draft December • 1994 --.'-" -eatIBn'D . ESCROW ~ AMONG 1BE 1J-mn:D ST. ... n:s t)EPAll'D4ENT ()f mE OO'ElUOR BUREA.u OF no ~no.'I, BA.'« OF AMERICA. NT.tSJ.. . --- AND ~ wtno.1aPAI.. Ul1ll1Y PiSI'RICr CONCIiR.1IIING PROlECF OONS'Iltt.1C1lON WORX i'DIANal'i"G FOR nm SHASTA PO'WElU'LANr PllOlEcr Co.) (b) (e) n=~d~~~~~~Wb'=~ Co.} "Woa;q F=IS' __ the <Iol!ar .......... ~ ~ l!"r!:!7!"';an from 1Im.o .. time (i) To pr".;&, at oil Iimeo ., rffidert fwIIlI 10 ..,.,.. ctID'tIIt apen5d aIld apeII5CS ilia! trill he W:m:n4 """'" IIIe mb$e,,_ three (3)1Ik!I!:Ih period fix.n L! ,. P-I """" • ..-d willi CUiISl:Iao:i.m oodrities apptO¥Cd lirfia:mcfaa by <be ~ pmooom '" 11M: 0m!saI:t fer I'II1>I!ma tI RewilId! md Uprateo ar Sbas!a Powe:;>Iam <Mtract No. 9S­ SAO-'oetftn 1he PatJXjp&uls,. Rec1ama ti"" IIId w~m;- For ~ to obIiC* UIIdcr Fc&nl 4rqtDmion ~_CId .u.s. Depctlmeilt dlDlcrlcr (001) "",,'arjons to IIIis(y COllInCIIIal aNiptinn """,.-.1 tor fInancin& by lbe Pani.c;;paDts pmsa112:1110 0>tmacI Por F1mdiDs tI R.ewizxIo IlId tlpnIes .. swa ~ CocIn<t No. 9S-SAO-• """"""" _ 'II'iIbbeId !10m ~ P"""''''' ",""1501 procm= tqu1a1ions mniI rf± ) a>mpieti<m d I .-.'-" (1)) ," (" !' -.>--._>-"-"',,;c' . ",/ J, _Inc! ~"" (cooC"aaO< boldbaok)'; aDd For " .... m,rion '" ob!ipte w:d« F<Ll.nI ~ """,la6on:; mol US ~ of lD:erio< (l?O!) ~ 10 sm.fy coctt:w:m:t! ob;;p;nas opproved for IinI1l<"ins by tile ~ pa=ant '" Co!It=t Fe< FUIl4in& d Itowicds IDI! UjRIeS at _ ~Jam: Coalnct No, 9J.~ __ .bcn 'IIilhhdo! fmm l"'Y"""" If 1> ........ marl<>ri •• ~ -~ 0ltIIT3i:Ulr's ..,. wn:in""'<l prior 10 compIcIioa 0( COIIIra<:! ~ {~oa liabili2y).1 "£1:0: .. Fv:r;M means tile <loll:Ir amoam ci!llcr paid !If SMUD II> !he A.:xaa:>t er a=ed '" tile ~ Wbi.e1 " in.,..... cl tile req.mUl_ for W<>dW>g Funds as dem..d m ~ (a) of !his section. PrcmpCly 1!pOC =~QJI of 1lJis F.seaw A,jrecmont by the portks bemo land !be =e;pt of the =~ O:ml:ract Fo< F~ 0( RowiDd5 ."d \Jp<aIes at Sbas:a ~ Cc:In:: No, 9S-SAO-__ by the BaDkJ, the Bam; o!JaII opelI and ....mtam OIl ._ in the _ of ~ Sa...-.nx:nll> M1mjd;>ol UtiIDy D!sa5cI {!lie "Aa:oImf'). ~ as ~ prooided .. this ~ !lie kcoWrt sbolI be ~ accorq '" the Ba!Jk's cmmIt 5WI4lard = and COIlditio", aD<! --'wsisrca: witlt ~ 1IlUInalIy~ 1>ySMUD aDd R.",,~ The />#:aWI1 -..ill cons;" of WoaiDg _ md En= Flz<u!s IS do!i=d in S=iD1l2 of thk Apeeme!1t. Tho ioitia! 4cpooit sbzD. be in the bm <If C!5h or eligible ~ as cSefined in S¢Q0Il , ol!his ~ AI! in .. osa .... :ds aDd /Imds ill Ibe Ac:outtt olIZll_ be ~ pope '1 tI. SMUD. but. -.n~ tbe pttmsiom 0( SectioR S{b} IIcn:!Il, """" m-eot and imd5 _ ~ 10 the sole ri&l>1 of Rodamep '" abIipte and mW 1ri!lIdnnoals in ~ to meet Re-'am a6oo'. COJIll'aCIIW obfiptioris !IlIdor CoIl!<aa Fer Fundiag ot Rewinds and Upnres 81: Shasra Powctpbn! Cotllr2<I No>. 9>sAQ. __ • 4.. DEPOSlI'S 10 lEE ACOXlNI'; AI SMUD pay=!> pcnail:IiDg '" ~OD obliptioo =mpIatod by the Oomrad For ~ <If ~ md Upatcs at SIlo5Ia l'o.,~:plom Cc>ntn.:t No. ~~ shall bODOdonk be d<posh:d in the .... """""" acepc '" may be S!" 'S:a1ly otbczwi5c ogrce4 by 1>ed>m'oo" aD<! SM'IJ!), Pf"" '" !be ~ tI. this ~ Reclamatioll sbaIJ prtMcle '" SMUD ... ~ 0I.:he deposits III 'n. _ ;, ... ~., 1>0 ~ ,.;c die ,.".,. """P" .... 1riIl> ur DOl ~ __ !lc __ ofa..~~ z >~., '<t\:,' ,~ , -- , . '-', :'- I» made by SMUI> ;,u" lk AccouDI In orc!er 10 ftlnd Rt-1 om a lioa. ~ ...n, IlI4 SMUD .. sh.lImale a.posiIJ iIu!> Il:e """'WI! it! :Ia:O<dan"" Wh the _ ....s ~ set fonh ill Scaioo:l1 d. tilt 0mII¥t For l'w>dill& of Rewiuds lind ~ "' SI>asto ~ Omaad No. 95-5.1.0-__ , 1'be Bank sb,all1l<l<if:1 RedtIMd"" aDd SMUD of !lie IIDOIalI offlmds depQsir.ed iIlIo 1be ~ opca receipt of SDdIlt.Dds. IRcc!amaIion mq m"u tile CSlim4tM ~ and timiQr p!OricW Illu IIIe 1CtaI """""" 6oeo "'" ...-I S b J<edamapn" t3peD!es Dd$ rar_~J s. WUHlJiVl.WAlS FllQM TH£ ACCOL1'fT: (a) (1)) (e) (4) Eu:epc IS prcrri.ded b ~ .miJclrawaIs from dle Aa:comI sbaI! IIOI1IIa!ly be made by JW!om'';'''' on 1I'Ii!!r:D lI!mnotiolrs from R. I or-OIl 10 IIIe BW:; eazpI. Iha% Ii3De4 facsimile ~ are ~ I( fc>IIc>ooccI by wriIso:o. copies. W"lIbdnwoIs willl!<llmally be rrnode II>DIrlllIT for: Jt.eda:natiao."l "PC"'" a!I4 .. ~ed '" FJ c:cmxac1<>r;. t1poQ request of M.lD 10 .....set e=:;s Fwods from tho AIxoomt.. RecbDta%ioa sbal! ~ the Bani: ~ and Jhal! promptly taU aD SIq>S C ) !D """P\r 1I'i!ll SMUO'J ""'l"= !lie A=1um sbal! be dosed oaIJ on receipt 117 '.he B&Dt of IIIe 'R:!.tta !eque&l ofbolh Redvn",;oc 0ll.Il SMUD, The liaWIco oClIIe kaxmt shall ~ be IA.!lSfeucol;:omptly 10 Ill]' ocbc:r """""'" 00 the booi<$ at d>e 8lUll.,. 10 &111 ~ 1-in IN UaitecI S!aIec as SMUD mzy cIiIIl<:. 'I\Ihm the A=wIt is cbed, dIis ~ slIalIlIIIGaIaIica!ly >enninate. the BIlIk alai <:limp din:aIy 10 SMUD IIIf 1ISI1II and .. ""'C!'aI7 "PC ..... iD<:m'...r In COIDIeeIian willi Ihc opciatiw of the "=>aD( WIde< dds ~ 6. lNVES'D!ENTS: Up"" """"0" <i dIis ~ R~b sbaI! provide 10 SMlJD III esrjma'= ~ ><bcdule foe Il:e to:rm of !be C<nzt=t Par F1IDding <i ltAiads ODd Upra1a at SlIasta ~ Com=! No. 9S-SAl). --' wbid!. shall be 1JPd=d J!101I!II!r. lIoftoez, acIDal wiI!Jdrawoh from IIIe A<a:amluc !lOt IimiI-d 10 the =IDBWI ~ JCIIc4aIe. III a4diIi<m, J!ec!amari01l slIalI_ be liable for :my. ol iDIeresI 0< imem;l P"""ltj ... iDam'ood clue III early w!thdnw.al of bids &<1m !lie Aa:mmt. Ca> Fnnds ill Il:e ~ will be iDvesIe<! in 5CCIIrlIia in • III:aIlIW' fateocIecIlo u· -pj'e Il:e ra!e of relmll of tbe lImds Ia Ibc: ~ ~ wi%h IIIe ..m...w clrzw<lown ~ prorided 117 R ....... afioa. Speci&: '- ;} , . ,". ~ '. ' .. "'. ~ >h:>lI bo pravide4 by SMUD. (b) E!ipbIe m..stmew: (l) (ii) (v) 00=igbI tim< Ifeposils issued or ~ by me BalIk ol America, NT&SA; l.Jni=l S= Tr<aSaZ)' Bill:! &DC! No!<$; T>mt ~ c:rd!!c:ues ot dopooit,lIld boDk::>' acc:cptaDOeS l<oued ar ~ by ..... ot file 6fl11atp wodd banh (~ by doposiIs)1th<Isc s&on ImIl oblipl!oas are nled A·l by Stlmdanl &:. Pooc'. and Pol by MoodY. i:zvesIOIt S<moe; C rniol pope: issued by UniI=l States ~ lIavIug IO<3l 8SSeIS ill c=ss olliv. bwl<t.",j miIlioA doIlan ($5OO,OOO,ooo.OO) and """Ii ....... 1 by SUzld2Ill a: '00(5 mil '·1 by Mooc!f.lz-.sIM Semce; ~. nmjmnm IIlOlli1i1J shall be ISO days: "'teres! ~ BoDk of Ame:;a Care A=utlt; (A) Vir ... ...,en! Qblipliam. 10 die ~ ol whlch the furl ram. aDd credit ol die ins=;, ~ ot A!f'! State dille UnI1Z:d Swes, oc: Cl;Y poIiti<al ~ ~ aDd (B) b<mds. !IDleS, ..... -rzms, .,.. O<bct ~ ollDdebudoea of '"'Y loc&I _ ol.", 5bIlo ol lbe umu.! s.m. 0< Cl;Y poliilco! ~ Ilmeo!. in<:lndma lIoa<ls ~. solei] OIl! olille m=IH:S J:am a r..-...-proc!udna: ~ ~ ~ or cpc:t2Ie4 by !be :-:0.1 "If'DCT. or "by a oJcp;u l@AIO IloanI. ageDq'. or 8III!Jori9 lIItreO( or ;my ~ . .,.. il$:umentalitJ 1IIcreoC -. ill the cae ol ....wti.es 4cscrli>ed in eiIl>et (A) or (ll) abaoc, at die lime ol iD=tmeat is nile<! by MoocIJ'l &J 'P-l", YMlG-1.JDG.1. Q[ .......... be!tc. or by Swld:ad and Poor as ·A. .. t .. • ... "SP-l+" or •. v.... or beP...a;, 'Dp 10 a .,axirmm 0( $:lO,ooo.OOO; ( .. 3) O!!:er __ lD1!Iu2lIy agreed npon in .. riting by SM1.JD aDd Pedamazign (e) l=lme accrumg OD izJ,ocauw1l 01 fands in Ill< A<=mt wm be ~ by !be BalIk 10 !he Aaooan1. AmomhIy s:z=em:i:llti<2lil:! imae: inetm!e earned durlnc!be moDIl:! and <UmUIa!ive ir.!erea =:d for 1IIe y= will bo prcpatcd by the Bant and im:Iw!ed in die moutbIy .-prepared in a.coorcI:mce wUh OIIbsc<:tiolI1(a) beIaw. • 7. GEiERAL PRQVlSIQNS: (a) The IlaDl:: shaI! m>drz a IlIOIIlhIy $t>'emeDt of Acalum 10 SMtJI) ml JI .... m.rimI. ~ ~ of specific iIIvestman bold m>d ;,,,_ eotIIlDgs ODe!, ~ 1hcre is • dJazIge in !be _ baIan<:e, a daily """""tflT (h) &JIll ~ and ~aawiou obalI provide ~ _ 'IIIitk • ~ list d .",l. d PpR"D"'WL (c) The SOU shall baoc DO IlWilliy uDder Il!ls ApomenI c=pt h _ or V'lljssioaol=ldDg Irom its failuno to ozuCse ardiDa:y ...... ~ asr= II> ~~pr~ lab®! of E$GX'!!" Holde; ID ~ UIJ 01. Your .sw; .. =de, these Eoc:oor ~. "IDsI:uctioas", Y au slIaIIllOt bo Ii:IbIc 10 ~ Party for ~ Io3:ses, or es;x=_ CKept for """ .. ~ IX willIullllis<:ondtld Qrl Your pan. y"" sIJall not iDc>r allY 5IIQ HabiHIy for (I) 2IIJI ad. 0< failure to act made· or oaDtt.d.in JOOd faitII. oc (i) any ac60ll tab:a ... ~ in rclim>cc lIpOIIlIIJ inrtllDl4l11. Uxjndjng my _ m"""'lt or a£Uvit ptcvided for .. 1l!c.e ~ that Yoo shall m good Eoit!> ~ to be geIlIJiD<. nor will y"" be ti""", 0\' nsp<mMI' for foraerl.es, fnu4, impm;mIallom. <r de' iiIhliDf IB scope oI.ay qem"1 ambcxit,. In addition, You umy CU!lSOlt wilblepl co<mseI is '""PW"ioI' Wll Yoar GIies lIIldcrtl!cse 1Dswdoas8ll4 Vaa IIIaIl be I'ully P'O-In all!' ad. QbII, SlI&rod. at pe:m!tIed "" 1""" ID P>d faitl.in acx:<m!once _ !he ~ d <IOWlSd. - Fml!l!!~ It IS" D • " ad IIIat Ihd,es ODd asual <!Ia:ps asreee upodor y..,.. scm­ sbolIl>e COZISidcrod '" ... tj"ll far ordiu;ay soma.. .. """'''''PlaIl'<! by these iDstradioco. b!he _ !bat the ~ r4 this .....,., are Do( .. cwpflt fIIlfilIed. ¢< if 1""" :=let aD)' oemcc I!Ot ~ for in tl!cse ~ or if 1he P:ries ~ & ~ 1IIOOi&:aIi<m cl iI5 ,..",., or ;r tI11If _.'.IS} .me.. or i' yOl] lie made • Party to, oc ima ..... ill, aD)' %prion ~ 10 tbiI <SCOW or ill IIIbject mattt:r, YOOI &bali be rasoaaNy ~fAd fer 5IICfl -1Iittal} ~ aDd reim>med far all cosa. Iftomoi. fees, jm:1n.r"" oJ!oc:r*, C>OISIS of. in-boose CIIalISCl, and ezpe1ISCS D ,<zed by IUd 6c:faWts detay. c;Oittwrii:&j!. or fitigarioa ~ You r.halI baocthe right '" ~Wa oJ!. documeu .. ocd/OI! o(bu lbmp r4 .... 1m not prcvIaoIsIy obT"'P"'" by It"""mrion at IllY lime bd4 by y"" In tis """"'" 1UWI suc!l "O"'p'Tntion, z.., ....... """ czpense:s are paid. SMUD s : ... .t:;'; '~-'-'- • pr(lmioco 10 P'''Y chese sums tlpOD c!=allo<I. You """ d<duct S\ld li\m.'S from <he fImcb ~ but not previous!y ob/ipled ~ a.oIamatioo.. U any ~ .ns.. -=: tho Pani .. ", tlIis CSCF'3O<. 01' -.it!-. any ~ p....., . ........,.""'" <!Ie subjca ma= ot: Ois _. its "'"'" 0< ~ You will mot ~ required 10 de"""," .. the CXII!!I'<lY'O!S or '" -IDJ >010II. "'~it. The A.,"C>CJ an4 its respecIiv< ""':as,,:. :!l>!! ~ ~...e 10 inG.-nmiIY """ hold Y OIl """"""" ap!Dst =I :u>d all """"" cWw, """""os,ll.ahiJities, aod eq>"" .... indodin& ~l<: =t3 of ",. ripMn. =sel !=. izl<Juding all«a1ed <:O'5lS of i:H>oose CX>QD!.Cl, and ~ s1w m:J:f be ImpO<ed em You or IDOIa'ed by Yoa ia ~ with the P""""'"""·co of YOI!! dntfes """'" lI!<:se ~ it>cIu<IiIl& m.t I!O( !izI:ited !o ~. Iitigatioo. arisiI!g fn>m Ih= lrlsa-uctioos or imol,"", iIs sobjed _. You IDlIl' ,..;p at a:ay Ws>e Dp<l:I ~ atluot ~ (30) a.,....neG ooac. 10 1lIe Pan;os; proo!dec!, ~. tlIa! DO SlId! rrsignzrion sIxalI be=o efiective taII!l !he apI''';'! ieTJl of a ............. _ balder wIticll sb2D. be ""'O"'pIisbe IS follows: 'nIc Panie3 1IIalI .... IlIeir bes;: <ft"orlj; Ie ~ """ <lila... HX _ 1Io1&:::..,;u,;" 1i>inJ ('SO) da,..ea ,eaJ.iq such IIOIU:& If tho r.mes fa;! 1D agr .. "" • soc:essor ...""... bolder within mel! time, Y""WIl.mv.tbe~ Iooppoiol .... = ............ _~ to do l>osiao:sa m the $_ of CalifuaIia. The S"CO'S'O" escrow hold<:! 1JWl =<V.1Ie &116 &1in:r 10 YOIIIIII idsaum=t aa:=ptin& SlldI app;", !1 1m!; and il shal!, Whout l\mhe:" acrs, ~ __ a 1rith all the -. proper:;.s. rlpns, pow,"", aDd I!uIi.es ol tho prede ........ =" holder os if ~ =d ... .....". hol&r. Yea oh3lI be disc!wc<d from...,-mr.!w ~ wlliabWty ~1br:se~ ljq!mtjpg law Tbese lzIstructioos are 10 be CQ~aDd imeIpre'~ ~ 10 ~ law. (e) This A&t~ ""'-Y be _c,1Ied io three """'!cr,>aZ1S. e:ac:b of wbid. ...00. 10 eucw.d sba!l be decnJed 10 be OIl criginaI, and all of ..,hid!, taba togetber. 5halI Q)llSIiIate 0<Je an4 the !WIle ~ 6 _ 'r J •• -. " .. ---. -. --~ . .... , . .. EFFECrI\<1! DAlE: nus AIr=-obalI _ ImD bee D!l Ihe date oc wIridI tile list ~ ~.Is~ dIcreoa. FOR nm tJNITED S'IATES DEPAImdEN'T OF OOERJOR, Btl~EAU OF ~ 0 .. , mlofE,.,u 1Iatem """" Power AdmWslraiion SM.,. •• ".Iuu ()ff'ia- 1825 lid SVeet. 5Ae las ~ Cllifornil9582S Mr. Edward Mrizel Direc!<Jt of U!i!itieo or,. of Palo Alto Pool 0IIi<>e 80. 10250 Palo Alto. CA 9430) \ -: o Enclosed is an origInal and JI signatUTe pages ofConl,act No_ 94~SA0-00041 rOC' hlnding of Mainte:wx:e Wed: at the Sllasta Powerplant This Contract provides for L'>c funding of replacement ofche stator wi..tid"mgs for generating uniu l~ 4, and S with increased' capa<;ity windings and' rcpfacemenl and insLaDatioo of certain other parts SO rest ore the geuerating units at Shasta PowerplanllO good operating condition (Rewind Project) The West"'" Area Power Administration (West .... ) is pleased 10 be. part of Ihi. impo<1anl portner!IUp amoog WesterJl, its pow ... CU>lomen, and Ibe Bu.reau ofRedamaUoo and recognizes the risk !hat tJ-.e customers are taking by investing in tbe Shasta Re"ind Project al I time when the A4miDistndioo and Congress are re .... iewi.og proposals 10 clefederaflZe WesterL II is West"",'. ioIelIioD thai the CVl' preference power cuslomers receive the fu.I! benefd from lheir inve<lmen!. 10 rocognitioo ofll>is,. W""''''II'''iII. 10 the best ofils ability, ensure Illal lIO)' proposed legislation drafted by the AdminisIralioo'';'' auy ouclI p<oposaI thaI the Administration has input 10, wiD iIIcIude language thai provides for fun neimbursement oflbe investmenl of customen for l"" R£Wind Project ifWestena ISSeIs are acquired by entities other thau the CVl' Preference Power CostomerJ. This Contract is being e.ecuted in counlelparts and wiD constitute. single document wllea .n Parties have o'gned. If the lerms of the Contract are acceptable, please sign and dale .n II original signature poges. have the signatures altested.lpply the appropriate seal, and retura an 11 original signed signature P"8" \0 Zo!a lackson, Assistanl Area Manager for Power Marketing, al this oIlice. Upoo signature by .n Parties, an .. ecuted Contract with original signature pages will be _10 you for your record,. pag. Two w.1ooi: Ib<wotd 10 'IO'O<li:ins willi you as I partner 0. Murel"ojoclJ lfyoo ,",y, any qt>eStiolU, ~ ~ V'lcl<i Pisut (916) 649-4~1. Sincerely, 9-~ c: 2;e:,..- James C. Felder Area Manaser • < , .-. &i?lr3ct No. 94-SAO·Q0041 UNITED STATES DEPAltTMENT OF ENERGY WESTERN }Jl.£.A roV.U ADMlNlSTRA TJON cemtAL V ALLEY PROJECT. CAUFORNIA AND UNITED STATES DEPARTMENT OF THE INTERIOR BUREAU Of RECLA."4A TION CENTRAL VALLEY PROJECT. CAUFORNIA CONTRACT FOR Fm<1XNG Of MAINTENANCE WORK AT $HASTA POWERPUNr WITH CITY OF AlAMEDA CITY OF BIGOS CITY Of GRJD!.EY CITY OF ilEAll)SjjURG ClTYOfLODl CITY Of LOMPOC NORTHERN CAUFORN1A POWER AGENCY CITY OF PALO ALTO PUJMAS..SlERAA RURAL EJ..ECTRlC COOPER ... T1VE, INC. CITY OF REDOING CITY OF ROSEVIllE CITY OF SANTA CLARA SACllAMENTO MUNlCIPAL UTIUiY DlSTlllCT SAN FRANCISCO SAY }Jl.£.A RAPID TRANSIT DlSTRJCT TUiU.OCK IRRJGA TION DlSTIUCT CITY OF UKIAH "0 ,; UNITED STATES DEPARTMENT OF ENERGY WESTERN AREA POWER ADMlNlSTRA TION CENTRAL V AUEY PROIEC'T. CAliFORNIA AND UNITED STATES DEPARTMENT OF INTERIOR BUREAU Of RECLAMATION . CENTRAL VAUEY PROJECT. CAUFORNIA CONTRACT FOR FUNDlNG Of MAINTENANCE WORK AT SHASTA POWERPLANT WITH CITY OF ALAMEDA CiTY Of BIOGS CITY OF GRIDLEY CiTY Of HEALOSBURG CITY OF tOOl CITY Of LOMPOC NORTHERN CAliFORNIA POWER AGENCY CITY OF PALO ALTO PlUMAS-SIERRA RURAL ElECTRIC COOPERATIVE. INC. CITY OF REDOING CITY OF ROSEYILLE CITY OF SANTA ClARA SACRAMENTO MUNICIPAL lmUTY DISTRICT SAN fRANCISCO SAY AREA RAPtO TRANSIT OISTRICT TIJ1lLOCK IRIUGA TION OISTRICT CITY OF UKIAH ) . PREAMBLE.. • • . • . • • . • . . • . . • . . • • . . • • • . . • . . • . . . • • . • • • . . . • . . I Z. EXPLANATORY RECITAlS • • • . • • • . • . . . • . . • • . • • • . • • . . • . . • . • •• 2 3. AGREEMENT • • • • • • • • • • • • . • • • • • • . • • . • • • • • . • • . . • • • • • . • • • •. 3 4. TERM OF CONTRACT .•••..•...••..••..•.•...•.....•...... 3 S. DEflN1110N OF TERMS •.•••.•••..•....•••.••..•.....•...•• 3 6. WORK TO BE PERFORMED FOR SHASTA ••.•.••.....•...•...... ' 4 1. FUNDlNG FOR WORK AT SHASTA. • • . . • • . . . • • . . . . . . • . . . . . . . .• 6 8. REP ... YMENT AND ACCOUNTING FOR CONTRIBUTW FUNDS ..•..•. 11 9. UPRATED CAPACITY. • • • • • • . . • • . • • • . . • . . • . . . . . • . . • • . • . • • . U 10. RATES. •• . • • • . • • • . • • • . • • . . • • • . • • . . . . • • . . . . . • • • • . •. • .. 14 11. AUDIT AND OVERSIGIIT RIGHTS .•••..••.....•.....•.••..... IS 11. Il. 14. 15. 16. 17. II. 19. 20. 21. 22. "--- ,'. -' ".: ". " St.1CCESSO!lS ANLIGNS .•••.••.•.•.....• ~ .•.••••....• ENFORCEABUlTY • . • • • . • • • • . • . • • • . • • . . . . • . . . . . >0 • • • • • • •• PERFORMANCE OBUGA TlONS • • . • . • . . .•.....•.••••..•...•.• DEFAULT •.••..•.••...•..••.••••.••....•.....•.......• SEVERABfiJTY ..•.• : _ • . • • . • • • • • . . . . . . ..••..•.•......•.. GENERAL POWER CONTRACT PROVISIONS ...••••..••.....•..• AtTACHMENTS AND EXHIBITS MADE PART OF CONTRACT .••..•.• "-:;." " .",~ '-::,..."--' .. 16 16 16 16 17 11 17 II.EU. TIONSHIP OF P Alll1ES • . • • . . . . • • . • . . • . . . . . . . • • . • . . • . .. 1& OWNERSHIP RIGHTS .•••.•...••••.••.•.•..••....••.•....• 18 CUSTOMER UABIl1TY . • • . • • • . • • . . . • • • . . . • . . . . • . . . . . • • . . •. 18 EXECUTION IN COUNTEII.i' AllT .......•..••...••....•....... IS IlESOUJTIONS GENERAL POWER CONTRACT PROVlSIONS (JANUARY 3, 1989} EXHIBIT A (ESTIM." TED FUNDING SCHfDUl.1'.) EXHIBIT B (REPA '¥MENT SCHEDULE) EXHIBiT C (SHASTA REWIND INCREMENTAL INCREASE IN CAPACITy) AlTACHMEl';Y I (ESCROW AGRE~ENn " . '. 2 ) 4 S 6 7 Cootra<;l No. 94-SA0-00047 UNITED STATES DEPAllTMENT OF ENERGY WESTERN AREA POWER ADMINISTRATION CENTRAL V ALUY PROJECT AND UNITED STATES DEPARTMENT OF INTERlOR. BUREAU OF ~iATlON CENTRAL VAlLEY PROJECT. C AUFORNlA I 9 CONTRACT FOR FUNDING OF MAINTENANCE WORK AT SHASTA POWE.I1.Pi.ANT 10 II 12 Il 14 IS 16 17 II 19 20 1. V,1TH CITY OF AlA"-fEDA CITY OF BIGGS CITY Of GRlDLEY CITY OF HEALDSBURG crlY OF J..OD( CITY OF WMPOC NORTHERN CAUFORNlA POWER AGENCY CITY OF PAW ALTO PLUMAS-S1ERRA RURAL ELECTRJC COOPElU\ TI\lE. INC. CITY OF REDDING CITY OF R.OSEVIlLE CITY OF SANTA CI.AR.A SACRAMENTO MUNlClPAL 1'1lUIV DlSTRlCI SAN FRANCISCO BAY AREA RAPID TRANSIT DlSTRlCf T\JRLOCX IlUUGATlON DlSTRlCT CITY OF UKIAH PREAMRlE,; This ConlI>cl is made \his __ da, of _ _ ___ • 1995. 21 puauaDllo Ibo: Acts of Coog!>:ss Ipp(O>ed June 17. 1 \102 (32 Stat. 388); August 26, 1937 22 (SO SIaL 844); Angust 4.1939 (53 SIaL 1187); aDd A.gust 4,1977 (91 SlaL 565); aDd Acts 2) ."""",.,,"1 or supplemeDtary 10 Ibo: foRgoing Acts; l>etweea \he UNl1ED S1 A TES OF 24 AMERICA (UDiICd SIaJes). (i) a<:tiIlg &y aDd throug/l\he Administrator, Westera Area Po ... r 2S Administ .. tioo" Departmelll of Eaer81, hereinat1ercalled Western, represerned by the offo«:r 26 e=ting lhis Coutract. or. duly appointe.: ~1C,essor, bereinat1er ca.1Jed the Cootnc'ins 27 Officer. aDd (H) acciDB by aDd through !he Commissioner, Buruu of Reclamation. Department 21 of !be Interior, heteinafter called Reclamation. represented by tI!e Regional Dir<cIO<, Mid- , ..• "C~ • "; - I l'acilic Region; and I!lo CITIES OF ALAMEDA, BIGGS. GlUDU::Y. HEAWSBURG, 2 LODl,l.OMPOC, PALO ALTO. REDDING, ROSE"1ll..E, SANTA ClARA. and UKIAH: l !be NORTHERN CAUfORNJ;\ POWER AGENCY; the SACRAMENTO MUNlCtPAL 4 VTIUTY DISTRICT (SMUD); the SAN fRANCISCO BAY ARE.' RAPID TRANSIT 5 DISTRICT (B.4RJ), • npic! crans~ district esubr"bed pursua~ 10 California PuWi<: Utilii)' 6 Code Section 28SOO et. seq.; the TURLOCK IR.RIGA TlON DISTRICT (TID); and the 1 PWMAS-SlERRA RtRAL EI..ECTiUC COOPERATIVE, an orsanized and • .,.,ing u"""r • the b .... 0( the Stale of California, hereinafter caned tlle CUstomers; and an cO!"'Cfively tailed 9 tbe Parties. 10 11 1. EXpt,ANATORV REcrrA.LS! 12 2.1 Shasta Dam and P.werplanl (Shasta) and the associated .lectrical power I) 8eueratin8 facilities are features of the Shasta Division. Central Valley Project (eW). 14 15 2.2 Roclam.ation is teSpOnsibk, lIIIOn8 0Iher !bing., lor planning. designing, 16 <:ODSlnJCtiDg, operating. and mauuaWng 1be .~ power senora.ing facili.ies al 17 SbasIa. II 19 2.l Westero is n:sponsibk for marketing 1be power produced al Shasta whicb ill DOt 20 required lor CVP project ..... 21 22 2.4 SIIasta c<lntlins five (5) main genera!i"s ~nits baving I combined generaling n c:apaciIy of 578 Megawatts (MW). 24 25 2.5 Due 10 ag., 00<m.IlI wear. and deterioration. !he stalor .. inding. for B,ner.ting 26 IIJIiU J, 4, and 5 If SbaN shook! be replaced. and certain oIher maintenance work 27 _ be pedonned 10 improve reOability and increase operaUona/ flnil>ility. 28 2 3 4 , 6 1 I 9 10 11 12 J) 14 IS i6 11 II '.-: 3. -• ~'-_ ~ tt -'<:" ! 2.6 'I)Ie CUsromer> lave oIferod 10 eDter into • conlnbuted funds agroemen! to fund the SbasIa ~wiD:I project and Reclamatioo. und.r the lenns or !his (''()Il!TICt. has agreed 10 IDlI!enUl: and complete the Shas~ rewiD:! project. wbicb includes replac.:me .. oC the IIIlIIOr wiD:Iings for seDOlllWlg units 3, •• and 5 wjlh increased rapacky wincflllgS. insIaIlmoo of new IIl!Ust bearings and lrigb preOsl;re lubrication systems for such bearings. exciwiOn 5)'steIBS, and performa"ce or other work, as geD<,.lly set ronb in Se<;tioo 6 he...,c. oeeessary to _o<e the go""r>ting units " SIwIa.1O SO<><l operating conditio ... 2.1 The Cust""""" thal ... ilI advance the necessary funds for Reclamation 10 perform the wO<lc. required by this Contract. will have the riBIl! or r .... refusal'" purchase the el«:eSS capacky as defined herein. and .. ill he rop,id the funds advanced. with interest. Ihrough cree'" OD "" .... r bill< as described herein. Pursualll 10 43 U.S.C. §§ 395. 397., .'>e funds received from the Customer> slJaD he Ivailable for expenditure for the specifIC pwpose foe whiek cootributed as set forth in Section 6 in • like IIWlOOt as if said sums bid bees speciflCany appropriated foe said ~. AGREEMENT· 19 'I)Ie Pa1tki 18= 10 the terms and concfrtioos se' forth he,ein. 20 21 (. 1E8M OF CXlNTR4CT: 22 Thfs c-sbaII become eff«tive on __ _ 23 IlIIIiI midDiglil of December 31, 2004. 24 25 S. DF:nNITION OF.1'EB.M.S: 26 AJ used herein. the following lel11lS !!.ave the fuIIowing meaning. "heD used with initial 27 capiializatioa, _ther singular or plural: 21 • .' •. ,--:. ! 1 3 4 5 6 1 • 9 10 II 12 13 14 IS 16 " ---' ~'I ~ .-:::"-:, --, -~ ~ ;..-.. , .' . -." ~. S.l c .... c..n, A r<quest for func!. ",nt'lO each CUSl0~r from time 1<> time b, Il>e Pro)e<t Treasurer. S.l Otslorncr: pcrfcnned by Reclamation uncler lhis CODlnIct. S.3 F.scmw ArcDlnt: An inletest bearingllCCOOnt established by tI1e PrQ)e<t T~ It • Fedc:...n, insured bark for the purpo<e 0{ holding tI1e Custome,,' fund, ami! an alSbursemmts ue made 10 Reclam.ooa Ind II>e wort set rorth ia this Contract iscomp_. 5.4 ProF'1'reasur r " The enl.it:,)' selected bJ the ClJstomers lO establish the Escrow AccounI, issue II>e Cash Can., and perionn other financial duties as may be n:quired for the work performed unc!er \his COOttac,L WORK TO BE PERroRMEP mR~JlYIlPRO!F£T, 17 R.c:clam#Iioa sball be solely respoosibI< for tI1e foIIowinB "'ock for the Sbas .. re .... ind projecl II 19 6.1 ~ specifications 0{ the ",ork '" be perfocmed for II>e SbasIa rewind 20 projecl 21 22 6.2 Award and administer <ontract{.) for the ",ock for the SbasIa rewind project in 23 ><XOnlaJx:c willi Federal acquisitioll regulations. Said cootrac!{ s) sbalI requ ire the 24 eJllily 10 ,.,bam !be colllraCl('j is .warded 10 perform at re.st the following 2S requiremenls: 26 27 21 6.2.1 SabmitlallO Reclamation 0{ drawinB' and teclmic.l da .. (0< an • . ' , " :'_, -: .-1.. 1 2 1 4 S -." ---<--~-,.' 6.2.2 SubmklaI to Reclamation of design cia ... \est reports. calibration certifio.ttes. certifled iflspection reports. paymeDl infonruo.ion. and tabo< , . sIandardt data as required iii the 5p«ifICllOOIlS; 6.2.1 Furnishing of.n oecessary malerial. equipmeDl, and !abo< lOr the " 1 "'l'!aC'"l1enl of the stator core. stalor .. inding. ring bu •• prOiecti •• relays and • 9 10 II 11 11 14 IS 16 l.SSOCi .. ~ equipmcnt~ now meters, t~dtatioD systems, maia geoeratc..r lead flexWle conneclOn beto'eeo the go"",.,o< main leads and !be .~istin8 "greg.1td phase bus structute. and bigh·pressu~ 1)'1'< lubricated thrust beari",. r(J( ' .... ra6na uni .. 1. 4. and S; 5.1.4 Reptacemenr. of ()( n:.ins,uiating the ger.eratoc main fK':kl windings; l!ld 6.1.5 Furnishing of ...... Ihrust bearing lOr unit 2 and DCW c"'. iron for I1Di1 I. 17 Ii.} Revie ... and cIeW"mine n:sponsi.elJCSS of bids. I' 19 6.4 Review aD bids submiued IOrcomplianc<O ",ith 5p«if",ations. 20 21 6.S!nspecI1IlallIlfacwren f""iIiOO and monitor produclk;" and testinJ. 12 ZJ 6.6 WIIDeSOIeSting II manufacturers facilities as reqWrcd. 2~ 2S 6,1 Review value <nJinoering proposals. and approve .. dee.ned appropriate. 26 27 6.I!nspecI installation 01' equiptnen<. 28 • J 6.9 W.,.... ~ testing of equipment. 2 J 6.10 Rev;'" "'*pWx;< 1<:<1 JeSUhs and Ipp1'OV< IS nccess"I)'- 4 j 6.1l "'"""""' inspections. 6 7 6.12 Dis.weml>1e the unilS in preparatioo for <he remoYal 0{ <he uiscing .!alOt' I wlPding, installation of a new SUlOf' .. 1txfmg. and other wort. needed ()Q the units. 9 10 6.11 Russcmble <be: .nils afier<ompletion of the work 011 L"" unil>. II 12 6.14 I'tepaR quaI1erly progress repolls L'ld o<hei OOcumenlation required by Ibi. 11 CoIllJ'aCl and cflSlfibule 10 each Cuswmer. 14 is 7. FIlNDING IiOR WORK AT SfUSTA: 16 Tho C\>sIomen have appointed <be: Nortbolll California Powe, Agency (NCPA) IS !he Project 17 Treasurer and NCPA lias accopltd S>J<lI appointmenl. II 19 7.J The Projed Trasurer ,baD esiabnsb <be: Escrow Accoull(, deposit each 20 Customer', funds in <be: Escrow A<count, and issue Cash Call, sumcielll 10 mainlllln an 21 adequale baIaace in.<be: Escro ... Accoo", during \he lerm of Ibis Colllr.l<t ro fund the 22 ,.ort geooraDy described in SectioII6 hereof. The estiinaled funding schedule, IS lJ de",,1opod by Rcdamatioo, for deposits 10. and witbdrawili by ReclatDBtioo from, <he 24 Escrow AccOWlI is shown in Exhibit A, attacbed hereto and ~ • P'lrt hereof. lS Reclamotioo sIIalI DO( award the cootracl{') associaled with <be: work set forIh in 26 subscctioa 6.2 boreoC wilboul .grcemelJl of all PlU1ies if <be: selecled bid exceed< <be: Z7 vilhle shoo in <be: estiinaltd liuJdiog scl>edulc set forth i. E.wibit A . 2. • • "'~".; .. , " .. . . :.",-.. . '._-.-. @ '.2 The Proje<:l T= als<l .!!all establish 0<, iU books ol "",ounts. su1>accOUIltS 1 idenIif.:d I<x each Customer IIlat .. 'm sIIow deposits to. and withdnw.l. rrom, each 1 subaccounl, and ~ occrued 00 fimds in each sul>accoont. The Project Trea ...... r ~ sbaIl issue Cash CaII5 "be. necessary 10 maintain ill lIdequ.te balance in the Escrow , AccoonIIS prov',ded in this Section 7. 6 1 'J.3 Rtdanutico. iIi its besi efforts 10 minimize 1he time betwee 11 the deposit of I funds into and the ,..kh<kawol ollbose fund5 rrom the Escrow ACCO<IIll. ... ill Coorcflll.ate 9 wi!!! !he Project Trcaswu the timing ol1be deposirs and withc!n.w.Js rrom the Escrow to Accounr:. The Project Treasurer .. -in coordinate socb timing .... ith tJ-.e Cus:omerJ.. As II SOO<I as practic.al>1e after R£clamaUoD .ward •• 'Ie initial coolracl I<x 1be work 10 be 12 performed under this CoDl!act. Exhibit A will be revised \0 reflect the CODlracl .ward. \] Unless OIbetwise ag=d by an Parties, the maximum aroounl 10 be funded by lhe 14 CUstome .. under this Contncl as ,bowD in Exhibit A shan not be increased in IS su~d revism 10 Exhibil A, nnless the conIraCt{S) awarded by Retlamation I<x If; the ,..odt set fonh in subse£tion 6.2 be~ is~nninaled by "z=me'" of," Parties. 11 1& 1." Fundo advanced by the Customen; sIJalI only be -.1 by Retlamation for the 19 wad: gene<al1y described in Soctio. 6 bereof. The Parties expect th!l1be CUstome .. • 20 funding ,.iIl be adequate to ,omple~ the wod as generally "'t fonh in Ihi, Contract 21 Any additiooaJ 00>lS incurJe<I by R£clamation !hat are in addition \0 tbose co<u funded 22 by advances from !be CUstomers for 1be activities associated will! !he wort perfO<med 23 under this CoorracI sI>aII be funded Ihroogb existing 0< new appropriatiollS by 24 Coogress. 2S 26 7.S Upon &grCemelll olIn CUstomers, the CUstomer1 may requestlllat Reclamation 21 _Ie the ",oct remaining 10 be performed under thIs Colllraci foe any reasoo. In 21 the evellllbe wodt is \0 be tenninated, the CUstomen sltaD I>e RSponsible for the cOOl I -'. -. ~.' I \ I 2 \ 1 4 I I 5 I 6 1 • 9 10 II 11 Il 14 IS 16 11 18 19 20 21 22 23 24 25 .25 27 21 .", . -:.-~ 1. ~' _J ,', --'",:c.o ,.;:-" '~""" 0{ r.enninaIioa JlIlrSUaDIIO 5cdion 1 hereC'f. Re<:!amatioo shaD furnish. flSl C'f I(;tiv~ in~. activities oot5tand'mg. CQSt.s as.';OCiated witb k:nniN:ring t.'le cOC>l:tlCl> wiIb oIher COOt1lctOrs •• nd IlIe ..mru.1. of lime fO< fIno.ftzing !be lennination. Upoo agreemem by all Custoroef1, a.,clamalion shan commellC<O II>< lermlnation proc:=. 1.6 Reclama600 will pru .... idc WeSlcra with lhc Jermt!lalion schedule and costs,.ard apdales for rev;' ioo of E"hib~ A. Reclarnation will US<: its be.t efl"o<U 10 provide ... IIl!lclt advva DOI:i«: as poss illi. of !he funds necled 10 renniNl. wad. Upon compktioo C'f all r.ermination ... od and paY"",lll C'f an obr.galions for wO<1c perf"""-'<f under !his Contract. any funds rem.1"lins in !he Escrow kcO\lnr will he relUIDed to !he CUlMmm. 7.1 The ac""" AccOUlll shaD he e. .... br.sbed by the Project Treasurer in I rlllancial instillltio<! IIlaI is • CQIllIDercial bank or InJSI company or nalional banking association oom, busirl<$r and .baving its principal office in New Yod. Ne,. YO<!<; Chlcag<>. IDioois; Los ADs.Ieo. California; or SaD Francisco, California~ and having capilal Slocl and smpw. aggregatiD& aJ IeasI fifty million don"" (S50,OOO,()()()), if "lei •• ~iaJ bini or trUSt COOlpan)' or national baniing association is willing and .I>!. 10 ac.cepIlhe F.scrow Account OIl ,.,...,.,.bl. and customary IeIrnS. 7.' Alleast dlirty (30) day •• but 1>0\ 010'" Illan forty-five {4S} clay •• prior 10 each FWlCfID8 Dale shows in Exhibit A he~, !he Project Treasurer sbaIl issue • Cas!> Call '" _~ CUstomer. The CUll Calls issued 10 each Customer shaD equallhe product of IlIe CuIIoroer', per<:enlage "",",a in E"hibil B and the amoont 0{ Ille fund. required for "",II dare as sIIon in Exhib~ A. pillS anI cOSIS woci.aled ",ilb establishing and mai ... jnins Ille acrow ACCOWlIIS <barged bI Ille r1llAoci.l insUlUtion, plus ac<:ounting and """"'Y lllaIl&iement C&.IU of seveD hnndred lI>.nty doD.,. ($720.00) per year and , '. --. ,-_. ---'.'--t~·· "-- 0CC0UlItiDc costs 0( three hundn:d fIfly doUars (S3SOJ)O) per Cosh Can, minus any 2 interC$l earned by each Customer since the last C",b CalL l 4 7 _ 9 EaclI Customer ,ban remit the omoonl 0( each CL<h can 10 the Project 5 T_r ... ithln twenty (20) <!.~. 0( r=ipl 0( S\lC~ Cash Cart 6 1 "'_10 Any and.n funds recei,o~ b} the Project Treasurer shan be ac"oonl~ "..-in • eack Customer"s subaccount,. and sRan be dePOSiled inlo the Escrow Accour.c: a5 soon IS 9 possible, but In DO eveollater than three (3) business days following receipt thereof_ io II 1.11 Prior 10 October 1 0( ea"h year until the ,.orIc. generaDy descrilJeJ In Section 6 12 bereol is compiete, Reclamation sian advise Weslera and the Project Treasurer 0( any 13 necessary changes in the timing of funds oeeded through the end 0( the period required 14 for the c""'-pletion of the 'IIor1c., and shan submit sucb upd .. e~ informatioo I<l the IS Project Treasurer and Wes/efll. If IICttleraled funcftng is ne<:e,S3I)' during any year, a 16 ... _ 0( the reasom prompting the acc<lerated funding and the amounI and 11 schedule 0( the funding oeeded shall be submitted by Reclamalion 10 the Project 18 Treasurer IIld Westefll. Westelll sian revise the funcftng scbedule in Exhibil A as 19 """""y and provide the Project Ttusurer and eacb Cuslomer, such revised 20 Exhibit A. The Project Treasurer wn issue • Cosh Can 10 each CU<lomer as provided 21 in subsectioa 7_3 bereol. 22 23 7.12 /uJy Customer DOC making the required payments ,.ben due pursualll 10 this 24 Section 1 will be issued. late notice b) the Project Treasuret. The Project Treasurer 25 will also send I copy of~!ate notice 10 eack <>ther Party. Such Customer sian bave 26 Ie!! (10) day. from the issuance of the late notice in whick 10 make the paymclll 27 invoiced in the Cosh can foe ... hiek paymeol is !ate. If the lale paYOlCnt is DOC made by 21 the .leveDlll (Ilth) day,. notice 0( default decr .. ;,,, the IerminAlion 0( participalioa in • "" ......... '::>.< ~""': "---;.' , . ..--":" . --' .;~ -. -.---, .,,:.:.~:.{ -.-.'": ,~' '" .... ~ ", ;:-.'""~·7~ » ' ~, €I !his CooIract IIIalI be sent 10 !be def.ul'ing Customer by !be ProjeCl Treasurer ",jib 1 cop;" '" all Parties within forty-five (45} days, but DO earlier tlwI.leven ill} day •• 3 a/I.er !he originall!ue dale of • paymclll that i5 no( made. "revised customer 4 pen:en!ag. table sbalI be I'fCl"red by the Project Treasurer ard sclll \0 Western. " 5 revised Exhibit B sbalI be prepared by Western and shan be sent to each Party_The 6 defaultlng fu<tomer shaIl fu<feil its rigb! of fir>! refusal \0 •• cess capacily pursuanllO 1 Section 9 hereof; PrOyided, That suck Customer shan retain its Iighl k) Iep41~I!lCM by • WesIenI 0( its toolrlbutio. prio< \0 default, with interest. pursuanl \0 subsection 1. \3 9 and & bereo(, The Project T~r sbalI .lkatelh£ JJ1\OOnI 0( the paymelll duo 10 to \be remaining Customers based en their per::entage share. The ma"Jmum i.'1Crease {l( It ut" c."omer·, paymelll f<>< the term 0( "'to cont."ICI.!tan oote<ceed twenty-five 12 percent (25 t,} 0( such customer', ocIginal percentage .. 'Jar<. The ProjeCI Treasurer 13 ohal! issue a suWleme.t11 Cash Call to oath remaining CUSlOn,er roc L>,e amooDl in 14 mean. faclI CUstOmer sitar. malt. !be paymelll required by the supplemecUlI Cosh ! SCalI", tbe Project Treasurer withi. lea (J 0) days 0( receipt 0{ tbe suWlementll Cash l~ CaD. If!be supplcmental Cash CaD docs JlO( psovide !he required funds I!ue to !he 17 !inU1lI00n on paymenl inc ....... described herein.. the Project Treasurer shall discuss !he II acOOo to be raken with the Partie1 as soon IS practicable after !be lllS'.dflCiency 0{ 11-., 19 suWlemental Cash Call is tnoWlL 20 21 1-13 Any defaulting Cnstomcr sIlAIJ be held liable roc lea pe""m' (10%) 0( its 21 remaining obfiSalioo based CD its original percentage .!tare 0( !he IoO!I cost as 1-::f'!C3ted 23 in Exhib~ B I_bed heteIo. and ad"JUSIIIleIlt5 fo< sucll amounts shoD be relle<led in 24 revisions 10 Exhibit B. 25 26 1_ [4 Upoa completion 0( aD 1IIod: ,enerally described In Section 6, and paymelll b) 21 RecJ·mation 0( any OIItstand'lIlf obligations, RecIamatico sltaD nodf, !he Project 21 Treasurer 0( IUC. and '"'IIJCSt!he Escrow AcCOUill be closed. The Projecl Treasurer · . ~ .. ; ~~'.:I WII!hen aotiIJ !be fmanciaJ instiDltioo thai the Escrow Ace""", is being closd ond 2 remn. 10 each Customer any funds remainIng in thai Cuslomer·1 suhKcount. 3 4 .. ~ QIsIomers ",ill be reimbursed roc funds WillxlnlWII from the E.ocro,,' Accounl by Reclamarion 6 (>I.Ir1UIm 10 Section 1. wiIh appropriate interest os provided roc in subse<;tioo 8.3. rhrougli 1 • ...rlll bY Wes!enI OD each Cus!omer's CVP PO"'.' bill>. Reclarnarioc,.ill an""",. !be I .ppropria .. 5bare 0( Ihc loW Rpliyment cost, il!<;!uding !be cos! 0( funding. roc aD} genera,O£ 9 R"il'ound pursuatt to \hi! Co.~ k> the Jl:ppropr1ate CVP waler users for repayment in 10 atCO<daIu 'IIit11the CVP cost anocation methodology. II i2 8.1 The Project rrea..mr sbalI provide I copy 0( all Cash Calls Ie Westefll ond 13 RecWruitioo showing the WtaI amount cl the Cash Can, .nd <he amounts invoiced !O 14 eacll Customer. The Project rreasuror .. \all also ptovide to Wes"'", tbe amount and IS cIak 0( any withdrawals by Reclamatioo from !be E.ocrow Account ond all casu 16 i!Icumd in cslablishing and maintaining the E.ocro1i' Account thar are ~ by 1be 11 Customess. II 19 8.2 &gillning !he fJ(Sl full month following no!iflCation by the Project Treasurer 0( 20 RecWruitioo', 'I'ithdrawal from !he E.ocrow AcCOWll, Westenl shan apply biD C...rIlS 10 21 eacll Cus!omet's CVP POll/or bili roc !he Custcmer', pen:onIage share 0( the I!IlOWlI: 22 ~ plus interest ond 6SOCiated ""'" in !be IDlIMer described .. follows: 23 24 25 26 27 28 a.2.1 10 !he amoonI 0( funds withdraw. by ReclllJI>.ali<Jn pursuanI 10 noIi(lCatioD by the Project Treasurer .. set fO<1h in .ubse<OOD 8.1 hereof. Inreresl shan be computed using Ibe annual interest ra'" delennined by Westera in accordance wkII su1>oecdon 8.3 hereof. " --.-.-----~--.-. -.--------;'-- 1 1 4 5 6 , • ~ 10 II Il Il 14 IS 16 11 \I 19 20 21 n n '. 24 lS 26 21 28 --'" -.' . o •. 1.2 Western shaD multiply "'" pertentages from "'" ""'D-CUm:~ E>hibit B ccnespond"ms 10 eacb Customer \0 ll1e sum of; i) .. c~ "i1Mn.wa! by :a.clamailoo from "'" Escrtw A<:COU!ll, ii) 'ntereS! co\cubled)" Parag ... ph S.l.1 bereof; and iii} 8D. costs incurred in esubtisbing iOO maintaining the Escrow A<:cou... SocII amount shall be awned as • bill cr«fll \0 "'" respective ev.tomen on ""'it power bills; PmYidal That, W,5Icfllshall not pay any costs, including intecest. '" the ClJstomen ,greOltr:f than lOOse costs that llIould have beeR incurred for "'" "ork ,'''''lin, described be«:in if said SUIll5 had beeR specifically .ppropriated for said plllJ>O'Os. S.1.3 W .... ", shall apply"'" ''''''''fiIS <a\cul.1ed pursuant 10 Paragraph 8.1.2 IS • ".«flt on cae. Customer'. power bill; 2=£ided That, W~ shall 00( apply. "wrlt amoo~ greal.r than \he amoont owed 10 WesImI in ""f mondt. If "'" """'"nt o .. ed Weslenl is less thaD "'" cmf" due "'" customer in ~ monlh. Western shall carryov.r \he credit due cae' IDOOlh WlIil any baI>n<e is reduced 10 zero. Interest shan be compotod on "'" arnoulll due "'" ev.tomer ... .mg \he annual intorest 11'" clelennined by W ....... in ao:cooIaoce wiIh sub5ection 8.3 hereof. S.! lnleresl on funds withdn...,. from "'" Escrow A<:count shall be computed at • rail: !bat shall be at \he Iverase tale for T~ Socuritie. of 15 years maturiIJ 0< 1lY.lR, IS .....s in Weslem's power repaymenl stUdy, prorated for "'" number of day. from \he dale of Reclamatioo', withdrawal from \be Escrow A<:cOllili 10 "'" dale of "'" ctecflt 011 \be CUstomer', po .... r bill. No int<-re.st shall be applied \0 the costs incurred in _lish;"1 and maintaining"'" Escrow Accoont. 8.4 As -.ssary, Westena shall suspend all o<het bill crediting programs and amounI& clelennined by WeslelB \0 be owed \0 "'" Customers "bile the credia 12 _ r •• --' . . bcrewlder .... 'Wlied. Should Western owe. Customer multiple credit.!, tile crea~ 1 uoder lItiJ COIll11Ict sI'..oII be .pplkd flfSl unlil such credit bas ""e. funy .. tisfIcl. ) lTaIess COiIIracIlIlIOy pro,ided, interest slllIn no! ""rue 00 lOY other Nil crearting .. program baIaDa. Westera will re!ume other bill creditir.g programs as SOOD as S practicable after lh<; lOIIIamoo III ad,,1lCed by the Custo"",,, .nd ",illldrawa from !he 6 Escrow Aa:0W1I by Ite<;Iam.atioo has bee. credi«d on the appropriate Custome ... • c\'P 7 power bills. I 9 10 II 12 " RJGHT TO D(cI!SS CAPACITV: .Reclamation Us determined that rewinding and increasing the namepla\C ratings of Shasta: wtits 3,. 4, and S up 10 125 MW each is expected 10 result in I k>tal iocrea..o;: of appro.timalely 47 MW in the capacily .vailable It ShIsla Powerplant wbe. tbc storage in ShasY Lake u<eeds 11 3.6 millioD acre feel (MAF). As !<quested by tile Customers. Recl.mation,..ill increase I!le 14 ~leCIriCaI capacity of the units 10 142 MYA as part of the work generally ckscribed in Section U 6 !!em>f. TIle a<!ditional electrical capacity .bove 125 MW is expected \0 be utilized ",ben the 16 lWtines OR ",pIaa:d. Upon complelioll of Il1e ",ork generally described in SectioD 6!!ereof. 11 Reclm>aUoo shall oo!lfy WostenI of the IIIlOWlI of additional capacily available from Shasta. II R.clm>atioll shall provide Westeno witlllbe revised Shasta Powerplant capacity available as. 19 fimctiOD 0( Shasta LoIr:e nler storage and reservoir ."'>ltions. Weste", slllItt Dse lItiJ 20 information 10 update Exhibit C att:acbed !!erelO ",hie) ,bo",. the increrncntal increase in 21 S11l1Sb1 capacily at certain Shast .. LoIr:e .. ater stonge and mervoir e1e-.tions. After 21 cumplclloa of the work IS generally provided WIder thi, C~t and foc the lenn pf this 23 Coo!racI, the CUsIomen wiD be siven I riglll of flCSl refusal foc purchase 0( eXCess capacity up 24 10 47 MW from the CVP in """",,,nee willt this Section 9. 2S 26 9.1 Hand wbea Wes[etll delermines e.cess capacity is available for We from the 21 CVP (system wide). Weslero ,hall issue • notice 0( availability of excess c.pacily 10 an 28 CVP power customen. The deienninalioo of tile Ivailabilily of ex.cess c.apacily and' !l • ----------~~- '., ..... ~, :,: c<:-' Z 1 4 5 6 1 • 9 10 II 12 13 H 15 16 17 il 19 20 1 •• lonna o(!he offer "ill be made by W~m II II1e time 0( !he offer .nd .. ""II apply 10 all e:<cess capacity sales. Western is under 00 obligalion os a result of trus Contract 10 decIar= excess capacity IYilflabte+ Tbe: Customers must meet the mark~t1ng crileria set fortb by Western. for !be ucess capacity sa.!e. including any trarumission requiremeots. Ex ..... c.apacily ",1<1 10 ony Party punuanllO 1his CooL...,. will be schedoled in accon!ance with !he appropriate schedoflllg arrangements. 9.2 If Sb.asIa Lake stonge leve! is forecuted ~y Reclamation Ie ex<..,~ 3.0 MAf during the time of !he .va~.bir""JI or excess capacity, each Customer sian bave!he rigbI 0( flCSt refusal 10 pw<:~ .... , 00 I seasot'.al basis, Us pro rata .. 'lan:. as speoif" .. d in :Exhibit B, of 1he excess capacity .1' 10 1he amouDl specified in Exhibit C. If the Customer does-not exercise its right 0{ flfSt refusal for seasonal e:r,;;cess capx-ily 9.'itbin ~ time-frame and under !he terms offered byWeste ..... W .. tern may seD the .. a~ eJ.<:eSS ""pacity 10 any eligible pu..,ltaser under \he same terms .nd condition.. If Westera does IJO( market all of lhe available u<xu .. pocky on I seasonal basis, Wesreno may offes ex .... capacity on IlOOnJltly basis. Eacb Cuslomcr shan hove the right 0( firs! refusal 10 purc1tase irs pro rata share 0( 1he moruhly ucess capacKY CO<IeSpODIflllg 10 !he ... alef storage levels specified in Exhibit C. 21 The CUsIomcr IhaIl pay for !he "teSS capacity purchased as I result 0( Ibe rigb! 0( rO'" refusal 22 ~ 10 Section 9 hereof, in accordance wi!l! 1he rates, cwg ... Ind conditions ses fo<th in 2J We.tera'. _ 0( availability for excess <lpacky. The rates and other tenns under whic!! 24 socII excess capacky ;'ill be offered .ltaD be consistenl with WesteIR maBeting plans and nt. 25 setting guider ...... 26 17 28 .' . . .. -, .'.-.~,:t:..:··\: - .-. 11. AIlDIT ANO OVERSIGHT RIGHTS: 2 11.1 Prior 10 1anuary I ol each year UDl~ the work set Fonh !>erein is <ompleu:, J Reclamation shall provide 10 the Panies In l«oulllinB 0( "' .. funds expended for the 4 wort ,.,.. .. 0, ae.cribecl in Stction 6 hereol. [f requested by the Project Treasurer, S R<c1al!l.a00l! ,..;n provide documentatioo showing the payments made 10 ea<b 6 rootrackJf, • cr..criptiO!l ol!he wad: performed by each <""traClor. and any balance 10 7 comp'fe1.e ~ wad. for each coo:.ractor, RecTamatfoo also shodf ~i"'1: im 3C(;ocnting of • funds expended for ..,ort cIooe by ReclAmation, I des;;ripricn ol <be ,.ock performed by 9 Reclamltion, and !he Mance 10 <O!Ilj>1e1e !he ",,,,t required 10 he performed by 10 R<clamation. Copies olthese l<Xoolllings shan be dislribuled ID ~""" Customer by !he II Project Trusurer. 12 Il 11.2 A i'a11J, in its e .. ",is< ofapprnpria'" financial toWols, flllIy request !he 14 ~ Treasu:er 10 cause an IUQ~ 10 be coooucieJ ol the costs ol the ,,'on: set forth in 1 S Soction 6 oflhis Contracl Such .uc!il$ shall DOt be coooocled more often !han every [6 fwo (2) ycars. SocIo.udlt may elWDine recO<d. which relare 10 wort •• "acialed wilh 11 this CootnCt iacluding, bIK bOt limited 10, the fmaneial and contrac"1 retards of the II Pr<>jecI r........,.., WesIcriI, and Reclal!l.ation. The COSIS. intlu<fing reasonable COSIS 19 incwred by !he Project Treasurer. Western. andfor R<clarrulOOl! in the pelfornlance of 20 the auQ!t, shall be paid by !he Party( ... ) requesting the .OOlt. 2[ '22 11.3 A Party shall be afkrded the opportunily 10 oblain information <onceming work 23 perfunned UDder Ihis CootracI through reasonable requests 10 Recl""",tion. IT the 24 arDOW1I of information desired becomes excessive. as delermined by Reclamation. 2S Reclamatioo 5ba0 inform !he requestinB CUslomcr(s) of same, and shan make 26 arrangemeDl.l1O provide !he information requested at the sole e.pensc olthe requesting 11 Pany( ... ). 21 IS .~. . ".' .. -,,"., -" :: T"; .. :;~.: ,,_.' e." ./ . , .", \ I z l 4 S 6 7 I 9 10 II 12 IJ 14 IS 16 17 II 19 20 21 22 23 24 25 26 Z7 2. -. . 12. Slrc&SSORS AND ASSIGNS: This Contract sba!I inure 10 the bener. of and be binding upon the p.rues berdo and their feS9CC!lve tuCCeSSOn. No Party shan lSSig. its in'"eSl in Ihls Cootrocl. in 1IIhole or "' part, wilbout the prior written Cilnselll of the OIher PaJties. In no evelll ...... U any Party assigD this ColllraCt 10 any Party dial is DOl fmaneiaDy responsible or .'hich can.'lOI perf""" its ooligations pw1UInI to Ihls Ccruracc. nor shall any Party assign Ihls Contract on Iny !emil! '" .. riance rrom Ibose set forth in this Contract. No permitted assigrunertl or triI....~(er shan change the <JuUe< of !he Parties. or impair the cllance! of obWning perfortnarK:< uoder this Contract euept 10 .ne e-xlenA set forth_ in suclI permitted assignment and approved' in .. "riling by the Parties. No Party sba1J assi.811 its tigbu of f~ refusalro uc:tSS Clpa-..: it, under this Contract. 13.. ENfDRCEABU.rry; It is DOl the inJelll 0( the Parties IIlat this Contract coovey aoy rigl.1S 10 Ihird parties 10 enforce the provisions of the CcDtract. This Contract can only be enforced by the Panies or their successors. 14. PERFDI!M4NCE OBI.roATlONS! It<clamation shall use lis utmost efforu and sbaII diligently endeavor kl cOOIplc1e the work cIescribed in Se.:tion 6 by the date(s) set IOOh in Exhibit A. It<c!amation ",ilIllO( be oofiga!ed 10 <omplc1e sucll 'IIorI< if the maximum fuocfmg sellOOh in EAhibij A is DOl advanced by the Customers. IS. DEF.\IJJ.T· The I'aiIure 0( any ""'~ 10 perknn any of its respective oofigatloos uoder this Contract shaD WIlSIitule • default uDdu Ihls Cootract; £ro!lided, That the Party against ",hom the default is IWeI1<d sIlaII DOl be deemed in default if it C'.n1:S the asser!ed def.uk by reoderlns the . " ><-:.' .. ' -," -, "" .- ".-,~-' 1 ntceSIU1 pe!fomwlce wilhin len (1 (y) days futlowing "ritte. notice fram iOy o<l>er Party. 1 ... bich notice shan set ronh the acts and om\sslons which constitute the I..~ned dl!fa.~lt. 1 4 ". SEVE!u.I!." lTV: S If lllY cJ.,..." 5enIen<:e, pangAph. ()( part 0( Illis Contract shoo1d r", any reason be Hnany 6 MfJll!.!zed by "'1 cO\lrt 0( ooropetent jurisQlCtion I<> be unconstirutional 0< in valid, suc1l 1 judsment >ball not aff<ct, impair or invarldate the remainder 0( !his C<Jatnd 00t shaft be S confme4 in its 0jle!ll00n I<> the clause, sentence, p.ra~rapb. or pa."1 thereof directl1 involved in 9 the COIlIrovcrsy in ... hiclt the judgment is rendered. U "",It judgment modifIes or bol~' involid ) 0 any material terms or conditions 0( this Contract in such • manner that any Party is required 10 II incur "'''I' or differo>! obligations 001 •• pressly provided herein or forego benefits "hick iI J2 ..... otherwise entided 10. the Parties sbaH in good raith renegotiate the .. nns l!Jld conditions 13 .ffO<l<d by the judgment so as I<> restore _~ oeiginal hal.DCe 0( benefits and Ixtrdens ) 4 cOOlelllp4ted by the Parties as 0( the effective cf4t. 0( this Contract. Such renegotiated terms 15 IDd conditions slIaII be in the form 0( an amendment.., this Contract "'hie. sllan be .ffective 16 0j>0fI «ecutieD by the Parties. The original Conlnct shall remain in ruQ force l!Jld dfec't, as 11 mO<fi(Jed by said judgment. unlilthe negotiation process for the 1I1l<00me1ll is complete. II 19 11. GRNF.RAT. roWER mNTRMT PROVISIONS: 20 Articles I, 28. 29, and 31 through 43 or the GeDeIal Po ... , Contract Provisions, effective 21 laouary 3,1989. &lta<bed beIeIo. an: hereby made. part o(this Contract, the same as iCthey 22 bad beell expr=ly .set forth herein. 23 24 18. 25 lnasmuc ... the Eslimated FWlIfmj! Schedule, the Repayment Schedule, Irod the Shasta Rewind 26 Incrementalla:rnse in Cal""'iIJI code, :!Us CODlract may cbange dl\ring the lenn hereof, they 17 will be set fofth in Exhibits A. B. and C. respectively. Each 0( said exhibits shaD become. 21 part 0( this CO/llrllCI cIw:ini til: term rued by its proyisi<lns. fuhibits A. B. and C are -\ -. ~ . . ...:., I atlathe4 _. an<! each Wll be in foree .nd effe<:1 in >ccord,not ",ith its \emu \lnl~ 2 f"ped,ely $Upe~ by • sub<equent _xh,bi!. J 4 It. REI.lTIONS!UP or PA.RTlES, -'. .,. 5 The covenanu. obfig'Ii0n5. and f1.bilh"ie, 0{ !he partIes ~ inlended 10 be several and not joint E 0< collective, and noIhing berein contained sIla/l e.er be cOll5!nled kJ erea'" an association. 1 joinI venrure, \IlJSl or partnership. cr lO impose a U"Ust or partnenhip co"enal1l~ obHgations and • rw,ilities GIlder Ellis 0>0IIact. No fL"Y sIlafl be under !he <OQ!ro/ 0{ (){ sIlaU be deemed kJ <J ccruoI any odIer Porty. No Party shall be !he 'ienl 0{ or have • rig~ or po .... r \0 bind any 1-0 omer Party wilho4:K its elt.p£"s wrinea COfU;Cnt, except: as npn:s.s!y provided in this C!Wlt.racl. II 12 10. OWNERSHIP RIGHTS: U The ownership 0('. \be tide to. and t.!le -operation J.nd maintenance responsibility foe a.ny 14 equipmenlll=isllod with fund •• dYJ.llCed by !he OIsIomers under !he terms 0{ lhis Ccntract I S shall be in !he name o{!he UNITID STATES. 16 17 %1. CllSTOMER U4.BU.rrY, j I This O>nttact does no! coofer any r .. bility upon !he Customer> for any claim. action or 19 judgIDODl >gains; Reclamation. arising out of '" in collJlCClion ..,ith !he work ge""Any 20 clescribcd in Section 6. 1I 22 22. EXfClrrtON lNCOIINTERP4.117:: 23 This CooIract may be executed in. number of coooteq>arts and sIlaH cooslitllle • single 24 document with !he same forte and effect as if taclo Party had signed .n adler counterparts. 2S 26 27 28 II -. IN WiTNESs WHEREOF. olIe Parues b:ivo t.osed this CODtratllO be •• ecute<llhe 2 day !114::-.or r ... Ibo •• written. The sigm[ories berelO "'l'resentlll.at olley b:ivc !>ceQ ] ap:-::~~ IUlboclzed 10 CDtel inJo till! Contract OD behalf 0( Ihe Party for ""born !bey siglL .. ';.' , S WESTERN AREA POWER ADMlJI<1STRA noN 6 1 I 9 10 II 11 U 14 i5 16 11 IS 19 20 21 22 n 24 25 26 11 11 (Seal) AIle&I By: TICIe: (Seal) "'- 8y:- Title: By: -- Title :---An::a._Ma nag er Add=:~Stn:et.Suik..lCt.1_ ___ Sacwnon!Jl CA 9Sl!U __ BUREA V OF RECLA.1I.1A TlON 8y: ______ _ Addre!s: ________________ _ CITY 01' ALAMEDA By: -------- TitIe: ______________ _ AddresL________ ___ ______ _ -------------- CITY OF moos By:--- TitIe: _____________ _ ------------- (Sea/) 2 A_ 1 4 8)1: S T;II.,, __ 6 (Sea/) 7 I A_ 9 By:---- 10 ntle: II (Sea!) J2 Il A_ 14 8)1: IS Tille: 16 11 (Sea.I) II AIIest 19 20 Br. Tille: 21 22 (Seal) 23 AIIest 24 2S By- 26 Tille: 27 28 , ~ -",' " - -~~ .. CITY Of GRIDLEY By:-----.. - CITY OF HEA~~G By:------- TiIIe: _______ _ CITY Of LOOI Add ..... : __ ._ ... ______ . __ CITY OF LOMPOC . By:-- Title: _________ _ .a.ddress: ______________ _ NORTHERN CAUFORNlA POWER AGENCY By;---------.-- Tille: ___ . __ .. _ Address: ________ ._ .... __ .. 2 ) • By:---- 5 6 1 (Seal) • 9 Attest 10 11 12 IJ 14 IS 16 17 II 19 2() 21 22 11 24 25 26 27 28 By:-- TiI!e: _______ _ (Seal) By' Tido: (Seal) AlI<O! By: Tdle: (Seal) AIIesI By: Tille: CITY Of PALO ALTO By:--- TiIle: ____ ~ ___ ~ AddIess: ___ ~ _____ . __ ~~_ ..... __ PLUMAS-SIERRA RURAL EUCTRlC COOPERATIVE By: _~_~ __ TilIe: ____ ~ Address: __ ~ CITY Of REDOING By:_~ __ _ TilIe: __ -----.. ---- Add",,.:, __ _ CITY OF 1l000VlUf. By: ______ ._ TitIe: __ ~ Addn:ss:~ __ CITY Of SANTA cu.R.A By: ____ ~__~ TIlIe:_ Addn:ss: ___ ~_ (Seal) 2 3 Aaest 4 By: 5 Tille: 6 1 (Seal) , 9 Attest 10 By:--~ -------------- II TILTe: ------ 12 (Seal) n 14 Auest IS By'--- 16 TsIe, 11 II {ScaI} 19 Attest 20 21 8y: Tille; 22 23 24 25 26 27 2i SACRAMENTO MUNICIPAL UTJUTY I>lSTRJCT By:_ ... _-- Tille·._~ ___ _ Add, .. s:_~_ SAN FRANCISCO B~" Y AREA RAPID TRANSIT I>lSTRJCT By:-~--- Tille: __ ~~_~ __ Address; TlJRLOC J( lRJUGA TION I>lSTRJCT --~-~--~~---- Tidc: ______ _ Address: __ _ CITY OF UKIAH By: --~---------.. - TIIIe;_~ _______ _ AddIeu: __ _ -----~- ------~ ------- 12 RES 0 L UTI 0 N NO. _____ _ SF. IT RESOLVED BY THE ______ _ Of -,-____________ is IUdlorized. on behalf of 10 uC\:utt:: this Conlrac1 with the WestCrB Area Po..,.. Administration titled Contnct No. 94·SA()..OO()47. AdoPted: -------- .. -, {. \<.,:: ~; .,,:'. Ewbir A 10 C~I~"~SA~7 E.XHlBI.I..A (Estimated Funding and Proj«t Work Sc~",dule) I. n.;. Exhib~ A. 10 be .ffecti,e under and os • part 0{ COOlraCl No. 94·S."O-OOO4 7 (lleteinaftcr adled lIIe Contract) sIIAlI become effec-Jvc cooincidcntaUy 1IIilll lIIe Contracl, and sbalI mnafu in effect until eilller supeneded by allOIbt, Exhibit A or upon lermination o{!be Contract. 2. The lJIIicipated schedule foe !he .. art ,entrany set fot1h in Sa.1ioo 6 ,00 !he f"nUillB foe oucIt ",art is set forth IS follows: FUNDING ACTIYl:IY COMPI.ETlON.DA.'IE _.DA'IE_ Initial COlllribution Due Ju114.lm JuI 14, 1995 Award Bid Oct 19 -Nov n, 1995 ~ Disassemble Unit' Apr I ,May 10,1996 DelriOI)' 0{ Materials ~ Nov 20. 1995· Sep 2S. 1996 In>CalI C<>mpooents • Unit " Scp 26. 1996 • Mar 21, 1991 Reassemble Unit , Mar 14· May 16, 1991 Disassemble Unit S Au, B ' Scp 24, 1997 Delivery of Materials ! Apr 1. 1991 • Feb 12, 1998 Instal! ~ -Unit S Feb 13· Aug 4,1998 Rassomble Unit S Aug S • Sep 30, 1991 Disassemble Unit } Dec 3(}, 1998· Feb II, 1999 Dellvery of MalOOaIs ! .\0119. 1998·:run 28, 1999 In>CalI <AmpooenU • UDit } :run 29 • Dec 20, 1999 ~bleUait3 Dec 11. 1999· Feb 11, 2000 Contingem:ies Tolal Cost ~ Fund"mg Dates 10 be added upon .ward 0{ cootracl{s} by Reclamation. ~ ~miaI r .. Id winding "'~ is in<:luded in !he materials coRso FUNDING NEEDED Sl8,OOO 5142,860 S5 ,117 ,J3(} $1,558,000 S!90,48Il S142,860 $3,965,3:10 $1,538,000 SI90,430 S142,860 $3.9:15,330 SI,543,OOO 5190,410 u.500.!lOO Sll,17S,OOO • ----".'~ -"11-· , .-~ .. . . " Tbc estimaJcd b=koowu of the costs ror L"" ",oct generaDy sel foC'.h in !his C_ are IS rooo..'S: COOInICt Cosu ~1lInict hg;oo.I Engineering Cootract AdmIrustration hclamatioo Tecbnka! C.nler Concract Inspeclioo Local O&M Staff additional worit Sub Tota! Contingencies (IS" oCCoDlncl amounl) Total .... SO,OOO SO,OOO 105,000 17Q,ooo LOOO.ooo SI1,300,OOO U75,ooo uoo..oao $21,175.000 £dlibiI 110 COIIDItCt S(,. 94-SA0-(X)'J41 EXHIBUB (RlopaymeDl SdJeduJ. and C\I'WIIlC(S PercC"",ges) I. This Exhibit B. '" be eff«uve uDder and as I part oCCoa~-act No. 94--SA0--Q0047 (bercinafter caJled!be Contract) shaD bc<:omc effective eoiocidenLany ..,ilh the Cootra<:t. and sball rcmaio in eflea WlIlI eitbcr superseded ty at10lber Exhibit B 01 upoo ",rmwOOo of !he Coarract. 2. lbc foDowlng table sl!o .... each Customer'. Percenlllgc 10 be used as !he basis fo£ calcul~ amounts 10 be advanced by oaell Customer and !he credils 10 be made on .. ell CusIomer • CVP power bills. PARTICIPANTS Pf.RCENTAGE SHARE CALCULATED DOLLAR AMOUN1' BART 1.0'" 211.7SO NCP~ (5.1 ") Turlod: 0.3 '" 63,S25 Alameda 1.4 % 296.450 Bi ... 0.2 " 42.350 GridleY 0.4 ,. S4,1W Q.2 " 42.350 Lodi 0.8 " 169,400 • 0.4 " 8-4.700 Plulnas Sierra 1.1" 232.925 Ukiah a.s " 105.815 PIloAllo~ 35.9 " 1,601825 ItbcId'IDlI 10.0 " 2.111.500 Roseville 5.0 " l.(lS8,7SO SMUD 30.0 " 6,3St,500 S30ra Claro!' 12.8 " 2.710.400 TOTAL 100.0 " $21,17S,000 " Subjc<:t 10 fmal participatioo by NCPA Members. 1 of 1 ---'. ..' -- EXHlBU..C Exhibil C to Centrad No. 94-SA.0-{l0047 (Sbasa Rewind In<;,cmenW locrusc in Cap""ily) ~ I. This Exhibil C. 10 be effe<uve Dode, and IS I pm 0( Cmlr".:t No. 94-SAO-OOO4 7 (bereinafter called the Con1nct) wn become e ffecuve coincidcntany willi the Contract. and shall ...... m ill effect until either supm;eded by anomer &bibil C '" upen ~rmlnation of the Comract. 2. 1'he foUo","inC table shows I.be incremental increase in ~pacitJ .ner C"omple~ioo of the . "cd g ...... UJ set _ in Section 6 nl the Contract. • STORAGE CAPACITY I,Q(IO ACRE FEET MW )6()() 47 3500 41 3400 35 3300 26 3200 24 3100 22 3000 20 Based 00 existing c:apacily of 118 MW for g.nerating unit 3 and lOS MW for generating unilS 4 U¥! S. t of I .. -