Loading...
12/04/2012 Resolutions 2012-349 RESOLUTION 2012-349 WHEREAS, with its units at Platte and Burdick Generating Stations and share of units at Nebraska City and Hastings, Grand Island Utilities has accredited generation of 323 megawatts to serve a maximum load of 170 megawatts; and WHEREAS,the Municipal Energy Agency of Nebraska(MEAN),is an organization of municipal utilities in Nebraska and surrounding states formed to pool resources to serve its members under varying service agreements, and Grand Island has been a member since 1981; and WHEREAS, MEAN is entering into an agreement to supply power to another customer, and will require additional accredited generation capacity in order to serve this load and proposed to purchase this capacity from Grand Island's surplus capacity; and, WHEREAS,the agreement provides for the purchase of the capacity,and also for the determination of the price of the energy should the right to the capacity be exercised and the unit placed into operation; and WHEREAS the proposal was reviewed by Tenaska Power Services,the City's power marketer, and the terms are considered to be in line with current market conditions. NOW, THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND,NEBRASKA, that the Capacity Agreement with the Municipal Energy Association of Nebraska (MEAN) is hereby accepted, and that the Mayor signs the agreement on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island, Nebrask , December 4, 2012. J.• + av iceh, Mayor Attest: pan_exe_ I RaNae Edwards, City Clerk Approved as to Form 0 5 December 3,2012 n City orney