04/26/2022 Resolutions 2022-115RESOLUTION 2022-115
WHEREAS, on January 24, 2017, the City of Grand Island entered into a Power
Purchase Agreement (PPA) with Prairies Hills, LLC for a share of the Prairie Hills Wind Project;
and
WHEREAS, the project originally had a Commercial Operation Date (COD) of July
1, 2019, but due to delays in the interconnection agreement process with the Southwest Power Pool
(SPP), this COD was extended to December 1, 2021 and then to December l, 2022; and
WHEREAS, the interconnection agreement is dependent on the final construction of a
large transmission project which has been subject to ongoing litigation, the current timeline of Prairie
Hills is for operation in 2026 or 2027; and
WHEREAS, due to these uncertainties, Prairie Hills has offered to terminate the PPA,
which includes a termination payment of $200,00 to the City.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Termination Agreement with Prairie Hills
Wind, LLC is approved and the Mayor is hereby authorized to sign the agreement on behalf of the
City of Grand Island.
Adopted by the City Council of the City of Grand Island, Nebraska, Apri126, 2022.
Roger G. Steele, Mayor
Attest:
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RaNae Edwards, City Clerk
Approved as to Form �
April 25, 2022 tt City Attorney