06/28/2016 Resolutions 2016-153RESOLUTION 2016-153
WHEREAS, on Apri128, 2015 the City of Grand Island entered into a contract with
Cloud Peak Energy to purchase 375,000 tons of coal far 2016 for the Platte Generating Station; and
WHEREAS, during 2016 there has been an abundant supply of natural gas and wind
generation and the market price of power fell below the cost to produce power at the Platte
Generating Station; and
WHEREAS, to account for the extended time Platte Generating Station did not run,
the contract for the coal supply needed to be extended into 2017; and
WHEREAS, Utility staff contacted Cloud Peak Energy to extend the contract from
December 31, 2016 to January 31, 2017 to allow the carryover of two trainloads of coal and the
carryover will allow for the flexibility of purchasing power when it is more economical than running
Platte Generating Station.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the coal contract with Cloud Peak Energy is
hereby extended to January 31, 2017.
Adopted by the City Council of the City of Grand Island, Nebraska, June 28, 2016.
Attest:
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RaNae Edwards, City Clerk
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Approved as to Form A
June 27, 2016 tt ity A ney