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04/28/2015 Resolutions 2015-105 RESOLUTION 2015-105 WHEREAS,the Utilities Department has made efforts to be involved in developing technologies regarding renewable energy; and WHEREAS, currently the most cost effective form of renewable energy is wind energy; and WHEREAS, the use of fossil fuels for electricity production is coming under increasing scrutiny at the national level and more restrictions and regulations are likely to be placed upon fossil fuels, particularly coal, and WHEREAS, on May 8, 2012, per Resolution 2012-124, City Council directed the Utilities Department to evaluate additional renewable resource energy opportunities as they arise, and the Utilities Department has been approached by Invenergy regarding a possible wind farm in North Central Nebraska; and WHEREAS, in order for Invenergy to discuss specific pricing information with the Utilities Department,a Confidentiality and Non-Disclosure Agreement was approved by Council at the March 24, 2015 meeting, per Resolution#2015-80; and WHEREAS,the Letter of Intent has been reviewed by Department Management Staff and is recommended for approval by Council. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND,NEBRASKA,that the Letter of Intent with Invenergy for a Wind Project at a Wind Generation Project Complex in Nebraska is hereby approved, and the Mayor is hereby authorized to sign the letter on behalf of the City of Grand Island. Adopted by the City Council of the City of Grand Island,Nebraska, April 28, 2015. J my . J n CYO; Attest: 110 111 RaNae Edwards, City Clerk Approved as to Form II April 27,2015 0 ity Ydorney