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HomeMy WebLinkAboutCity Council Resolution 97-37 RESOLUTION NO. 97- 37 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA ALrrHORIZING THE BULK PURCHASE OF ELECTRICITY THROUGH THE ABAG POWER POOL WHEREAS, The City of Saratoga is currently a participant in the Association of Bay Area Governments (ABAG) program for the pooled purchase of natural gas and related services (P3 Program) since fiscal year 1996-97; and WHEREAS, the P3 Program. achieved s~vings of seven percent (7%); and WHEREAS, on May 6, 1997 the California Public Utilities Commission (CPUC) issued Derision 97-05-040 authorizing customers of, among others, Pacific Gas & Electric (PG&E) to acquire electric :supply and related services from sources other than PG&E; and WHEREAS, the City of Saratoga is currently an electric customer of PG&E; and WHEREAS, the City of Saratoga is a member or cooperating member of the Association of Bay Area Governments; and WHEREAS, ABAG proposes the formation of a pooled purchasing program for the acquisition of electric supply and related services (Electric Program); and WHEREAS, ABAG further proposes that the Electric Program he implemented through a "Joint Exercise of Powers Agreement Creating the ABAG Publicly Owned Energy ResourceS" (ABAG POWER)(attached as Exhibit A) formed by ABAG and other public entities in the PG&E service territory in which such public entities commit to participating in ABAG POWER for at least one(l) year; and WHEREAS, a participant in the Electric Program will acquire electric supply and related services under an agreement between the participant and ABAG (Direct Access Electric Aggregation Agreement) (attaChed as Exhibit B) which will be assigned From ABAG to ABAG POWER upon the formation of ABAG POWER; and WHEREAS, each participant in the Electric Program will be represented on the Board of Directors of ABAG POWER by a director, or in his/her absence by an alternate, appointed by the participant; and WHEREAS, the City of Saratoga finds that it is in its best interest and the public interest to join ABAG POWER and participate in ABAG's Electric Progxam. The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on 17m day September, 1997 by the following vote: AYES: Councilmembers Bogosian, Oacobs, Shaw, Wolfe, and Mayor Moran NOES: None ABSENT: None ATTEST: Deputy City Cl~rk 2