Res 98-062RESOLUTION NO. 98 - 062
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POWAY, CALIFORNIA
AUTHORIZING THE EXECUTION OF MEMORANDUMS OF AGREEMENT WITH
ASSOCIATION OF CALIFORNIA WATER AGENCIES (NEW ENERGY VENTURES)
AND SAN DIEGO AREA GOVERNMENTS (COMMONWEALTH ENERGY
CORPORATION) FOR JOINT POWERS PARTICIPATION IN DISCOUNTED
ELECTRIC POWER CONSORTIA
WHEREAS, Association of California Water Agencies (ACWA) and San Diego Area
Government (SANDAG), based on the recommendations of each respective agency's
study committee dealing with California Electricity Utility Restructuring (AB1890), have
authorized the formation of joint powers' agreements to implement the purchase of
discounted electric power and related services on behalf of interested municipal agencies;
and
WHEREAS, ACWA has selected New Energy Ventures and SANDAG has selected
Commonwealth Energy Corporation though a competitive bidding process; and
WHEREAS, ACWA has negotiated a master contract with New Energy Ventures
and SANDAG has negotiated a master contract with Commonwealth Energy
Corporation, both contracts will provide guaranteed savings on the monthly City of
Poway's electricity bills; and
WHEREAS, the City of Poway understands that there are no costs and no risks
involved in participating in these respective joint powers.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Poway
as follows:
Section 1: The City Council authorizes the execution of these respective
Memorandums of Agreement with ACWA and SANDAG to implement the
purchase of discounted electric power and related services; and
Section 2: The City Council authorizes the execution of contracts with New
Energy Ventures and Commonwealth Energy Corporation for guaranteed
savings on the City of Poway electricity bills; and
Section 3: The City Council authorizes the City Manager to sign the necessary
Memorandums of Agreement and Contract documents on behalf of the City
Council.
Resolution 98 - 062
Page 2
PASSED, ADOPTED, and APPROVED by the City Council of the City of Poway
at a regular meeting thereof this 16th day of June, 1998.
Don Higgin~t~,t, Mayor
nne Peoples, Assist~ant City Clerk
STATE OF CALIFORNIA )
)ss
COUNTY OF SAN DIEGO )
I, Lori Anne Peoples, Assistant City Clerk of the City of Poway do hereby certify,
under penalty of perjury, that the foregoing Resolution No. 98 -062 , was duly adopted
by the City Council at a meeting of said City Council held on the 16th day of June 1998,
and that it was so adopted by the following vote:
AYES:
CAFAGNA, EMERY, GOLDBY, REXFORD, HIGGINSON
NOES: NONE
ABSTAIN: NONE
ABSENT: NONE
Lori Anne Peoples, A~sist~nt City Clerk