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08/10/2010 Resolutions 2010-210RESOLUTION 2010-210 WHEREAS, in 2000, Grand Island Utilities entered into an agreement with Nebraska Public Power District (NPPD) designating NPPD as the sole marketer and seller of excess power produced by Grand Island Power Plants; and WHEREAS, in May, 2009, Omaha Public Power District's (OPPD) Nebraska City #2 (NC2) power plant began commercial operation; and WHEREAS, Grand Island is a participant in this plant with a maximum share of 34 MW; and WHEREAS, the Participation Power Agreement between Grand Island and OPPD allows for power to be marketed and sold directly from the plant without needing to bring it to Grand Island first; and WHEREAS, on January 26, 2010, Council approved a marketing agreement with OPPD to allow them to market and sell any excess of Grand Island's share of power produced by NC2 directly from NC2; and WHEREAS, a trial period with OPPD has expired with a desire to continue the arrangement; and WHEREAS; NPPD has determined that the Joint Marketing Agreement between Grand Island and NPPD is no longer necessary and has submitted a letter requesting termination. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the discontinuation ofthe Joint Marketing Agreement between Grand Island and NPPD is hereby approved. Adopted by the City Council of the City of Grand Island, Nebraska, August 10, 2010. ~~ ~Z~z z.~-~--~e Margaret ornady, Mayor Attest: ~~~ ~~~ RaNae Edwards, City Clerk Approved as to Form n August 10, 2010 p City Attorney