HomeMy WebLinkAbout07-70
:;i
'~
e
e.
RESOLUTION NO.
7-70
A RESOLUTION authorizing the City's entering a contract
with Bonneville Power Administration and Washington
Public Power Supply System.
WHE REAS, Bonneville Power Administration (Bonneville) and
the utilities of the Pacific Northwest have developed the Ten Year Hydro-
Thermal Program under which Bonneville will acquire energy from thermal
generating plants developed by nonfederal entities to meet the future power
requirements of its preference and other customers of the region; and
WHEREAS, in accordance with the Hydro-Thermal Program Wash-
ington Public Power Supply System (Supply System) has proposed to finance,
construct, operate and maintain a nuclear generating project (the Project) in
southwest Washington for net billing by the Administrator; and
WHEREAS, the City of Port Angeles proposes to participate in
the ,Hydro-Thermal Program along with other preference agencies in the
Pacific Northwest by entering into an agreement with Supply System and
Bonneville under which the City of Port Angeles will purchase project
capability from Supply System for assignment to Bonneville under net billing
procedures; and
'I WHEREAS, entering into net billing agreements for the Project
I with Supply System and Bonneville will benefit the City of Port Angeles by
making additional amounts of low cost power and energy available to it from
Bonneville to serve the customers of the City of Port Angeles in the future;
NOW, THEREFORE,
IT IS RESOLVED that the City Light, subject to arrangements
acceptable to and approved by formal action of the Governing Body, will
enter into contracts with Bonneville and Supply System to implement the
Hydro-Thermal Program by purchasing power from the WPPSS nuclear power-
plant in amounts to be deSignated in such contracts, for as signment to
',.-.
.,
.
.
Bonneville un der net billing concepts, provided that such contract s are
executed prior to July I, 1971. In any year the estimated amounts to be
paid by the City of Port Angeles under such contract shall not exceed
the amounts estimated to be paid in such year by the City of Port Angeles
to Bonneville less 15%.
IT IS FURTHER RESOLVED that a copy of this resolution be
immediately forwarded to the Bonneville Power Administrator and the
Managing Director of Supply System.
ADOPTED by the City Council of the City of Port Angeles
on this
/? -;(4
d,ay of
February
, 1970.
" ."
_, .0'
......- :
/"
Attest:
...............
rf!J4710 ~
City Clerk
AP~g~O:!y~