12/04/2012 Resolutions 2012-354 RESOLUTION 2012-354
WHEREAS, with the upcoming Integrated Market, daily generation and load
transactions will be considered separately by the Southwest Power Pool(SPP), which will result in
significant financial obligations on a transaction basis; and
WHEREAS, in order to conduct these transactions, SPP requires a copy of those
authorized to conduct a transaction and the financial limit of that authorization; and
WHEREAS, Utilities Department Staff developed recommendations for authorized
positions' term of transaction and financial limits based on cases that City load requirements must be
met upon the purchase of power from outside sources either because the loss of generating sources or
because of possible transaction billing methods by SPP; and
WHEREAS, in order to conduct normal operational requirements of the City of
Grand Island electric system, power supply transactions and associated financial commitments
must be performed by Utilities Department staff with the Regional Transmission Operator and
associated electric utilities; and
WHEREAS, these cases are intended to reflect the normal operations of ensuring
power is available to the City up to a month; and
WHEREAS, approval for all transactions greater than the above financial limits or
durations shall require City Council approval.
NOW, THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND,NEBRASKA, that the Utilities Department Power Transaction
Authorization Policy dated December 5, 2012 is hereby approved.
Adopted by the City Council of the City of Grand Island, Nebraska December 4, 201.2.
r _
Vavilicek. Mayor
Attest:
RaNae Edwards, City Clerk
Approved as to Form n ea-
December December 3,2012 II Cit dVorney