HomeMy WebLinkAbout08-69
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HHEREAS, the preference customers of the region rely upon the Bonneville
PO\ver Administration to supply their electric pover requirements and it
is now recognized that available power supplies from the Federal system
will be insufficient to meet regional preference customer needs by 1977;
and
HHERElIS, the electric utilities of the region and Bonneville Power
Administration have developed a Regional Ten-Year Hydro-Thermal Plan
Hhich anticipates the construction of thermal generating plants by non-
Federal entities to meet regional pmver requirements at the-> lowest prac-
ticable cost; and
HHEREAS, the Hydro-Thermal Plan includes arrangements Hhercby Bonneville
Pm-ler Administration \-7ill acquire through "net billing" electric- power
from publicly mmed thermal generating plants to meet the needs of
preference customers and industrial customers of the region; and
HHEREAS, \.Jashington Public PO'der Supply System has proposed to undertake
the financing, construction and operation of a thermal generating plant
of a size, at a location and on a schedule which viII meet the objectives
of the Hydro-Thermal Plan and Bonneville PO\;,Ter Administration has recom-
mended that this proposal be implemented by construction of a 1,000 mega-
watt nuclear generating plant with a desired location in Southvest
Washington and to be operational on a date needed to meet load requirements
after 1977; and
\\'HEREAS, the Hashington Public POlder Supply System proposed plant will
require participation by a number of consenting preference customers of.
the region having a net billing capabi.1ity \o1hich exceeds the expected
annual cost of the project; and
HBEREAS, this uti.1ity recognizes its uti.1ityresponsibility for an
adequate low cost power supply and this Hoard finds that participation.
in the planning, financing and construction of a thermal generating
project as proposed by \1ashington Public Power Supply System and recom-
mended by Bonneville POh'er Administration ,.ill provi.de pm.er at 1m"
cost and delay the datE' of Bonneville POHer Adminigtration pOI'ler insuf-
ficiency and that such participation is, therefore, in the best interests
of this utility; and
WHEREAS, based on pO\ver purchases from Bonueville POHer Administration
this utility has a net billing capability ,,,hich would permit participation
to the extent of 3.31 % of the expected annual costs of the plant; and
WHEREAS, the Manager should be authorized to participate in the develop-
ment of suitable contracts and arrangements Hhich "lill implement this
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plan and facilitate the financing, designJ construction and operation
of a thermal pow"er generating facility as proposed herein; NOH". THEREFORE,
IT IS RESOLVED that based on the foregoing, the City of Port Angeles
expresses its desire and intent. subject to
execution of binding contracts and instruments acceptable and approved
by formal action of the Governing Body to enter into appropriate arrange-
ments with the Bonneville Power Administration and Washington Public Power
Supply Systen\ to implement the Regional Ten-Year Hydro-Thermal Plan and
the proposed financing, construction and operation of the thermal power
generating facility proposed to be constructed by Washington Public Power
Supply System; and
IT IS FURTHER RESOLVED that the Manager is hereby authorized to participate
in the development of suitable arrangements and contrac~s to implement the
foregoing purposes, thereafter to be reviewed by this Board; and
IT IS FURTHER RESOLVED that this expression of Intent to Participate in
such project shall not authorize the expenditure or commitment of funds
in excess of the incidental expenses of the Manager in his participation
of the development of said arrangements and contracts; and
IT IS FURTHER RESOLVED that a copy of this resolution be imtnediately
forwarded to the Administrator of the Bonneville POHer Administration and
the Managing Director. of Washington Public Power Supply System.
by its Mayor
Adopted by the City Council and approved/ of Port Angeles
this
17th day of
April
, 1969.
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B. B. McNeece, City Clerk