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05/10/2022 Resolutions 2022-127RESOLUTION 2022-127 WHEREAS, to ensure a reliable electric supply grid, electric utilities are required by federal and regional agencies to maintain accredited electric generation facilities in an amount to meet their maximum load requirements, plus a reserve to support outside needs in an emergency grid situation; and WHEREAS, with its units at Platte, Burdick, Prairie Breeze III, and a share of units at Nebraska City, Hastings, and WAPA, the Utilities Department currently has accredited generation that is forty-nine Megawatts in exceedance of what is required to serve the existing City load; and WHEREAS, Tenaska Power Services proposes under the terms of Amendment #4 to the Energy Management and Settlement Service Agreement to buy surplus capacity from the Department and sell to a third pariy which needs accredited capacity from June 2023 through May 2028. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that Amendment #4 to the Energy Management and Settlement Service Agreement with Tenaska Power Services is approved, and the Mayor is hereby 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, May 10, 2022. R R r G. Steele, Mayor Attest: i�a�o.e_ ��.c,�ar�, RaNae Edwards, City Clerk Approved as to Form tt May 9, 2022 � City Attorney