06/09/2015 Resolutions 2015-143 RESOLUTION 2015-143
WHEREAS, on May 8, 2012 Council approved a resolution to direct the Utilities
Department to evaluate potential renewable energy projects and provide to Council recommendations
for participation as needed to maintain a balanced energy portfolio ; and
WHEREAS, on March 24, 2015 Council approved execution of a Non-Disclosure
Agreement with Invenergy to begin discussions regarding a wind energy project, and on April 28,
2015 approved execution of a Letter of Intent with Invenergy for a non-binding agreement to
purchase wind energy; and
WHEREAS, City Administration and Department staff has held discussions with
Invenergy regarding a Power Purchase Agreement(PPA)between the City and Invenergy's Prairie
Breeze Wind Energy III Project; and
WHEREAS,this information was presented during a hearing of the Nebraska Power
Review Board on May 22,2015 for the Project based on need and cost,and the Project was approved
contingent on the execution of a PPA between Invenergy and the City.
NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, approve the Power Purchase Agreement with
Invenergy,doing business as Prairie Breeze Wind Energy III LLC, for the Prairie Breeze III Project.
Adopted by the City Council of the City of Grand Island, Nebraska, June 9, 2015.
Al ........... L. .t ..
limy Jent , Mayor
Attest:
or)
c.;) « , 1 e_
RaNae Edwards, City Clerk
Approved as to Form 0 —w j'4
June 8,2015 0 City .rney