12/07/2010 Resolutions 2010-343RESOLUTION 2010-343
WHEREAS, the City of Grand Island, the Nebraska Public Power District and other
electric utilities have participated in the development of a wind energy project by Laredo Ridge Wind,
LLC (Laredo); and
WHEREAS, Nebraska Public Power District has entered into a Power Purchase
Agreement with Laredo Ridge Wind, LLC, for the output of the project, and is re-marketing portions
of that power to other electric utilities; and
WHEREAS, the parties desire to enter into a Power Sales Agreement to receive
electric energy produced by Laredo Ridge Wind, LLC, according to the terms and conditions
outlined in the Power Sales Agreement; and
WHEAREAS, the City Attorney's office has reviewed and approved the agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Power Sales Agreement for Laredo Ridge
Wind, LLC, by and between the City of Grand Island and Nebraska Public Power District be, and
hereby is, approved in accordance with the terms of the agreement.
BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to
execute such agreement on behalf of the City of Grand Island.
Adopted by the City Council of the City of Grand Island, Nebraska, December 7, 2010.
Attest:
RaNae Edwards, City Clerk
Approved as to Form ~
December 6, 2010 ~ City Attorney