07/23/2019 Resolutions 2019-217�
RESOLUTION 2019-217
WHEREAS, on January 24, 2017, Council approved a Power Purchase Agreement
(PPA) with Prairie Hills, LLC, for a share of the Prairie Hills Wind Project being developed in
Custer County; and
WHEREAS, the PPA includes a twenty-five-year term with annual pricing based on
an escalation factor for energy produced by the project and the cost to the City is for actual energy
produced and does not require any upfront capital cost or on-going operation and maintenance costs;
and
WHEREAS, due to delays in the interconnection agreement process, on July 17,
2018, the City agreed to extend the Guaranteed Commercial Operation Date (COD) and Outside
Commercial Operation Date from July 1, 2019 and December 31, 2019 to December 1, 2020 and
June 30, 2021, respectively; and
WHEREAS, the Prairie Hills Wind Project is still experiencing delays by the
Southwest Power Pool, and AEP Renewables, the paxent company of Prairie Hills LLC, they have
requested another extension of the Guaranteed COD and Outside COD to December 1, 2021 and
June 30, 2022, respectively; and
WHEREAS, the Utilities and Legal staff have reviewed this request and find it
reasonable.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that Amendment No. 2 to the Power Purchase
Agreement with Prairie Hills Wind, LLC is hereby approved and the Mayor is authorized to sign the
Amendment on behalf of the City of Grand Island.
Adopted by the City Council of the City of Grand Island, Nebraska, July 23, 2019.
Attest:
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RaNae Edwards, City Clerk
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Roger G. Steele, Mayor
Approved as to Form tt
July 22, 2019 tt i ttorney