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01/26/2010 Resolutions 2010-33RESOLUTION 2010-33 WHEREAS, in May of 2009, the Utilities Department began receiving power fromthe Omaha Public Power District (OPPD) Nebraska City Unit #2 (NC2); and WHEREAS, the City of Grand Island is one of multiple participants in this major addition of base load capacity in the state; and WHEREAS, the Nebraska City Unit #2 is located inside the OPPD Control Area, and the Utilities Department has approached OPPD regarding the potential of power sales to the regional electric grid directly from the NC2 plant from the OPPD Control Area; and WHEREAS, an agreement has been drafted that would allow Grand Island the option of using OPPD as a marketer of Grand Island's NC2 generation share; and WHEREAS, the agreement defines the terms and conditions for various power transactions and is OPPD's standard Power Purchase and Sale Agreement used to conduct business with other utilities; and WHEREAS, OPPD also provided a Joint Marketing/Services Agreement that applies solely to Grand Island's NC2 generation and specifies each party's responsibilities in detail; and WHEREAS, the Power Purchase and Sale Agreement requires each partyto designate an Authorized Representative to act on its behalf with respect to matters included in the contract. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Mayor is hereby authorized, on behalf of the City, to execute the Power Purchase and Sale Agreement and the Joint Marketing/Services Agreement between the City of Grand Island and Omaha Public Power District, in accordance with the terms and conditions generally described above, and does authorize the Utilities Director to appoint an Authorized Representative as required by the Power Purchase and Sale Agreement contract terms and conditions. Adopted by the City Council of the City of Grand Island, Nebraska, January 26, 2010 Margaret Hornady, Mayor Attest: RaNae Edwards, City Clerk Approved as to Form p January 25, 2010 n City Attorney