11/08/2005 Resolutions 2005-321
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RES 0 L UTI 0 N 2005-321
WHEREAS, since 1970, the City of Grand Island has purchased firm power and
associated energy from the federal hydroelectric projects on the Missouri River, the federal bureau
tasked with the operation and administration ofthe hydroelectric projects in the Western Area Power
Administration (W AP A); and
WHEREAS, on March 4, 1991, the original contract was replaced with Contract No.
90-BAO-413, which will expire on December 31,2020; and
WHEREAS, the contract contains provisions for W AP A, under certain conditions, to
reduce the allotment of power and energy, otherwise known as Contract Rate of Delivery (CROD) to
customers; and
WHEREAS, the City of Grand Island has received notice that the Rate of Delivery
will be reduced by 0.164% during the summer months and 0.216% during the winter months; and
WHEREAS, W AP A requests that the City of Grand Island acknowledge this
reduction through the execution of Revision 3 of Exhibit A and Revision 2 of Exhibit B; and
WHEREAS, both exhibits are within the bounds of the existing contract, and such
reductions will not have a major impact on the overall cost of power to Grand Island or a major
impact on the Electric Department's ability to serve its customers.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that Exhibit A, Revision 3 and Exhibit B, Revision
2 to the Western Area Power Administration Contract No. 90-BAO-413 are hereby approved and
accepted.
BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to
execute such revised exhibits on behalf of the City of Grand Island.
Adopted by the City Council of the City of Grand Island, Nebraska, November 8, 2005.
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RaNae Edwards, City Clerk
Approved as to Form Xl .() a. tv-
November 3. 2005 Xl City Attorney