06/26/2012 Resolutions 2012-161 RESOLUTION 2012-161
WHEREAS, Grand Island is a participant in the Public Power Generating Agency
(PPGA), a group of public power utilities organized under a Interlocal Agreement for the
construction and operation of the coal fired power plant located in Hastings,Whelan Energy Center
(WEC) 2; and
WHEREAS,originally the power participants entered into a marketing agreement to
facilitate wholesale power sales for excess power from WEC2 with MEAN as the marketer; and
WHEREAS, in order to better market wholesale power from all of Grand Island's
generating units,on May 22,2012,Council approved an agreement with Tenaska Power Services to
provide marketing services which includes the City's share of WEC2,therefore,the agreement with
MEAN to provide WEC2 marketing services is no longer required; and
WHEREAS, the provisions of the agreement with MEAN allow for termination
subject to notification and payment of administrative fees due until the transfer ofmarketing services
is completed and MEAN has provided an agreement and recommend it's execution; and
WHEREAS,Utilities and legal staff have reviewed this agreement and recommend its
execution.
NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, the agreement with MEAN to terminate the
original marketing agreement is approved.
Adopted by the City Council of the City of Grand Island,Nebraska, June 26, 2012.
AilL
of avric,k, Mayor
Attest:
C°1;)01/4 as_ c_12CA)* 0—
RaNae Edwards, City Clerk
Approved as to Form Dr.,X11
June 25,2012 a City''ney