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HomeMy WebLinkAboutCC Reso No 1997-68RESOLUTION NO. 97- 68 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, TO PARTICIPATE IN THE WRCOG/SANBAG EFFORT TO FORM A POWER POOL. WHEREAS, the State of California Legislature adopted and the Governor signed AB 1890 in 1996 which authorized the restructuriug and deregulation of the electric industry in California; and WHEREAS, the primary objective of AB 1890 was to ultimately reduce the cost of electricity to the consumer; and WHEREAS, the means to accomplish this cost reduction was to deregulate the generation of electric power and authorize consumers to purchase power through direct access to power generators, and WHEREAS, said legislation authorizes local govemments to join together and aggregate their electric loads to form power pools which will enable them to shop more competitively for power generation on the open market; and WHERF..AS, the Western Riverside Council of Governments (WRCOG) and San Bernardino Association of Governments (SANBAG) have joined together to evaluate and consider formation of an aggregation of government agencies for acquisition of electric power generation; and WHEREAS, WRCOG and SANBAG have prepared and adopted a white paper which formally recommends formation of a power pool aggregation, establishes a schedule and budget for the defined work tasks, and eatends an invitation to governmental agencies within the organizational boundazies to participate; and WHEREAS, the cost to complete the tasks necessary to accomplish the aggregation is $150,000 and a tiered cost sharing formula has been developed to distribute the cost among participating agencies; and WHEREAS, those agencies choosing to participate in funding the required tasks will receive their initial investment back from the first savings achieved under the program. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lake Elsinore does hereby resolve as follows: 1. To approve participation in the WRCOG/SANBAG aggregation to create a regional power acquisition pool, and Reso(ution No. 97- 68 To Participate in the WRCOG/SANBAG Effort to Form a Power Pool Page 2 2. To authorize contributing $3,700 as the City's fair share of the cost of the required study. PASSED, APPROVED AND ADOPTED this 25th day of November, 1997, by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: ABSTAIN: COUNCILMEMBERS: ATT~ST: ~~ ~~ ~~- Vicki L. Kasad, Ci±y Clerk APPROVED AS TO FORM AND LEGALITY: i B a Leibold, ity Attorney ALONGI, BRINLEY, KELLEY, PAPE NONE METZE NONE STATE OF CALIFORNTA ) COUNTY OF RiVER5IDE ) SS: C1TY OF LAKE ELSINORE ) I, VICHI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE, CALIFORNIA, DO HEREBY CERTIF'Y that the foregoing Resolution duly adopted by the City Council of the City of Lake Elsinore at a Regular Meeting of said Council on the 25th day of November,1997, and that it was so adopted by the following vote: AYES: COi7NCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNC7LMEMBERS: ALONGI, BRINI.EY, KELLEY, PAPE NONE METZE ABSTAIN: COiTNCILMEMBERS: NONE ~> _ l (~i~^;~U v3CKI`KASAD, CITY CLERK ~:I'Y'~' OF ~..AI~ ELSINORE {SEA~) STATE OF CALIFORNIA ) COiTNTY OF RIVERSIDE ) SS: CITY OF LAKE ELSINORE) I, VICHI KASAD, CITY CLERK OF THE CITY OF LAKE ELSINORE, DO HEREBY CERTIFY t6at the above and foregoing is a full, true and correct copy of Resolution No. 97-68 of said Council, and that the same has not beea amended or repealed. DATE: November 26, 1997 ~ '~ , a:Pl'Y CLERK CPTY ~F LA~ ~LSINORE ;SFAL)