06/09/2020 Resolutions 2020-131RESOLUTION 2020-131
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 with Amendment #1 to the Agreement; and
WHEREAS, the Prairie Hills Wind Project was still experiencing delays by the
Southwest Power Pool, and AEP Renewables, the parent company of Prairie Hills LLC, and they
requested another extension of the Guaranteed COD and Outside COD to December 1, 2021 and
June 30, 2022, respectively with Amendment #2 which was approved by Council on July 23, 2019;
and
WHEREAS, the interconnection process for the Prairie Hills Wind Project is still
experiencing delays by the Southwest Power Pool, the regional grid operator, and AEP Renewables,
the parent company of Prairie Hills LLC, they have requested another extension of the Guaranteed
COD and Outside COD to December 1, 2022 and June 30, 2023 respectively.
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 #3 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, June 9, 2020.
Attest:
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RaNae Edwards, City Clerk
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Roger . Steele, Mayor
Approved as to Form tt
June 9, 2020 tt Ci Attorney