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03/08/2011 Resolutions 2011-52RESOLUTION 2011 -52 WHEREAS, Grand Island is a participant in the Public Power Generating Agency (PPGA) which is a group of public power utilities organized under the Interlocal Agreement provisions of state law; and WHEREAS, the purpose of the PPGA is the construction and operation of a base load, coal fired power plant that will provide electric power to the project participants to meet future load growth; and WHEREAS, the plant is located in Hastings, being built on the same site as the current Hastings power plant, Whelan Energy Center (WEC) #1, the new unit is termed WEC #2; and WHEREAS, with the addition of this facility, there will be opportunity for increased wholesale sales of electric energy to the regional grid, when that generation resource is not needed to serve Grand Island's native load; and WHEREAS, a marketing agreement is needed to facilitate wholesale power sales; and WHEREAS, the Municipal Energy Agency of Nebraska (MEAN) is the wholesale marketing and electricity supply organization of the Nebraska Municipal Power Pool, and a participant in the WEC #2 power plant project; and WHEREAS, the Nebraska Participants, MEAN, Nebraska City, Hastings Utilities and Grand Island have developed an agreement with MEAN to jointly market the available excess power from WEC #2 with MEAN as the marketer. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Mayor is hereby authorized, on behalf of the City, to execute the Agreement for Marketing Services for WEC2 Energy between the City of Grand Island and the Municipal Energy Agency of Nebraska (MEAN). Adopted by the City Council of the City of Grand Island, Nebraska, March 8, 2011 Attest: RaNae Edwards, City Clerk Jay Vay%icel1, Mayor �- I Approved as to Form n Y March 7, 2011 13 City Attorney