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HomeMy WebLinkAboutresolution.council.045-19 RESOLUTION# 045 (Series of 2019) A RESOLUTION APPROVING AMENDMENT NUMBER 1 TO THE THIRD REVISED SUPPLEMENTAL AGREEMENT TO SERVICE SCHEDULE M AND AMENDMENT NUMBER 2 TO THE THIRD SUPPLEMENTAL AGREEMENT FOR WIND-GENERATED ENERGY PURCHASES BETWEEN THE CITY OF ASPEN, COLORADO, AND THE MUNICIPAL ENERGY AGENCY OF NEBRASKA (MEAN), TO SIMPLIFY AND CLARIFY BILLING AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID CONTRACT WHEREAS, there has been submitted to the City Council an amendment to the third revised supplemental agreement between the City of Aspen, Colorado, and MEAN, a copy of which is annexed hereto and made a part thereof, WHEREAS, there has been submitted to the City Council an amendment to the third revised supplemental agreement for wind-generated energy purchases between the City of Aspen, Colorado, and MEAN, a copy of which is annexed hereto and made a part thereof, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: That the City Council of the City of Aspen hereby approves the amendments to the agreements between the City of Aspen, Colorado, and MEAN, regarding changes to the Service Schedule M rates and charges, a copy of which is annexed hereto and incorporated herein, and does hereby authorize the City Manager of the City of Aspen to execute said contract on behalf of the City of Aspen. Dated: 1 ;7-2, 20( q Steven Sk dron, Mayor I, Linda Manning, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held Z7,70 l 1 Lina Ni4nmng, ity Clerk Amendment No.1 To Third Revised Supplemental Agreement between Municipal Energy Agency of Nebraska And The City of Aspen,Colorado This Amendment No. 1 ("Amendment")to the Third Revised Supplemental Agreement executed August 25, 2015("Agreement")between Municipal knergy Agency of Nebraska("MEAN")and the City of Aspen, Colorado("City") is dated the'Z"2-- day of 20 by and between MEAN and the City. RECITALS WHEREAS,the parties mutually desire to amend certain contractual terms within the Agreement; NOW,THEREFORE, in consideration of the mutual promises and covenants contained herein, the Parties do mutually agree to the following amendments to the Agreement: Section 1.shall be deleted in its entirety and shall be replaced by the following: 1. The parties have executed standardized contracts governing the sale of electric capacity and energy by MEAN to Aspen.These Agreements are the Electrical Resources Pooling Agreement (Pooling Agreement), dated June 25, 1984, the Service Schedule M Total Power Requirements Power Purchase Agreement (Schedule M Agreement), dated June 25, 1984, the Second Supplemental Agreement for Wind-Generated Energy Purchase, dated August 4, 2005 (collectively referred to as the Preexisting Power Agreements),which are incorporated herein by this reference. In the event of any conflict or contradiction between the provisions of one or more of the Preexisting Power Agreements, and the provisions of this Agreement, this Agreement shall govern and control. Section 2 shall be deleted in its entirety and shall be replaced by the following: 2. The City of Aspen,Colorado owns and operates the Ruedi hydroelectric plant under a permit issued by the Federal Energy Regulatory Commission(FERC)with a rated capacity of five megawatts and a hydroelectric project known as Maroon Creek with a rated capacity of.5 megawatts; and Aspen has acquired an interest in a portion of the output of the Ridgway Hydropower Project(Ridgway);which projects are used to supply capacity and energy to Aspen for resale to its customers,or in the case of Ridgway,the output is managed and used by MEAN as described herein. MEAN is fully aware that Aspen is planning and may construct itself, or jointly with third parties one or more of the additional proposed hydroelectric projects listed in Exhibit B to this Agreement that may also be used to supply capacity and energy to Aspen. Aspen has received a Western Area Power Administration (WAPA)demand allocation under the Post 2004 Resource Pool of 988 kW in the summer season and 1,560 kW In the winter season. The parties acknowledge that Aspen's purchases under the Schedule M Agreement have been modified by the Second Supplemental Agreement for Wind-Generated Energy Purchase dated August 4, 2005, and the Third Supplemental Agreement for Wind-Generated Energy Purchase dated July 27,2015.The parties agree that Aspen's purchases under the Schedule M Agreement shall be further reduced by certain Aspen resources as described in this Agreement; notwithstanding the foregoing, the parties expressly agree that the hydropower output credited to Aspen under this Agreement for each unit shall be limited and is deemed not to exceed generation associated with the capacity amount listed for each respective unit on Exhibit B to this Agreement. Section 3.B.shall be deleted in its entirety and shall be replaced by the following: B. Energy Charge. Monthly Billing Energy is determined as follows and will be billed at the Energy Charge rate set forth in the then-current Exhibit B,Schedule of Rates and Charges,to the Schedule M Agreement,except as provided in subsection 1 below:On an hourly basis, MEAN will reconcile the load and generation for Aspen. For each hour,the amount of supplemental energy supplied by MEAN under the Schedule M Agreement shall be actual metered energy minus the sum of energy supplied from WAPA and the energy generated from the hydropower projects listed on Exhibit B. Monthly Billing Energy equals the net of the amounts determined on an hourly basis for the current month, less applicable transmission losses as specified in the PSCo Contract, the Holy Cross Contract and the Tri-State Generation and Transmission Association,Inc.'s network transmission service agreement for MEAN's delivery of Ridgway,for the current month. In the event Aspen's resources from the hydropower generation from the facilities listed on Exhibit B, plus the Second Supplemental Agreement for Wind-Generated Energy Purchase dated August 4,2005,and Schedule M Agreement purchases equivalent to the energy which was generated to create the environmental attributes that City purchases under the Supplemental Agreement for Purchase of Landfill Gas Energy Environmental Attributes dated August 25,2015(LFG Agreement)exceed the City's total electric power and energy requirements MEAN will credit the City for the excess amounts at the MEAN Energy Charge rate set forth in the then-current Schedule of Rates and Charges to the Schedule M Agreement.Notwithstanding anything to the contrary in this Agreement,no provision of this Agreement shall reduce,modify or affect the amounts to be charged to Aspen for purchases under the following agreements between MEAN and Aspen: the Second Supplemental Agreement for Wind-Generated Energy Purchase,dated August 4, 2005, the LFG Agreement, and as provided in the Third Supplemental Agreement for Wind-Generated Energy Purchase dated July 27,2015,Schedule M Agreement purchases equivalent to the energy which was generated to create the environmental attributes that City purchases under the LFG Agreement;those amounts will be charged notwithstanding any excess generation from Aspen's hydropower projects on Exhibit B or WAPA. In addition, in the event that for any month the amount of WAPA firm energy purchases exceeds the amount of City's Total Metered Energy,as that term is defined in the then- current Schedule of Rates and Charges to the Schedule M Agreement, minus any wind- generated energy delivered under a supplemental agreement between City and MEAN, MEAN will credit the City for the excess amounts at the then-current WAPA energy rate. 1. The Parties acknowledge that energy purchases under the Third Supplemental Agreement for Wind-Generated Energy Purchase dated July 27, 2015, will be calculated and billed as provided therein in lieu of the calculation in Section B above. Terms used but not defined in this Amendment shall have the meaning ascribed thereto in the Agreement. This Amendment No. 1 shall take effect as of April 1,2019. All other provisions of the Agreement shall remain the same and continue in full force and effect throughout the remaining term of the Agreement. [SIGNATURE PAGE FOLLOWING] IN WITNESS WHEREOF,the undersigned parties have duly executed this Amendment No. 1 to the Third Revised Supplemental Agreement as of the date below. MUNICIP L ENERGY AGENCY OF NEBRASKA By Printed Name Robert L. Poeh ing Title Executive Director EO Date May 9, 2019 CITY OF ASPEN,COLORADO By Printed Name Q- 'acr, C`r� - Title Cha" Date April 22, 2019 K:}Lego1kKIMEANyERPAjAspen,[O�AspenCOAmendmentNolToThirdRevisedSupplementolAgmtFINAL20190121.docx Amendment No.2 To Third Supplemental Agreement For Wind-Generated Energy Purchase Between Municipal Energy Agency of Nebraska And The City of Aspen,Colorado This Amendment No. 2 ("Amendment") to Third Supplemental Agreement for Wind-Generated Energy Purchase between Municipal Energy Agency of Nebraska ("MEAN") and the City of Aspen, Colorado ("City") is dated the 7 day of 20_4_ by and between MEAN and the City. RECITALS WHEREAS, MEAN and the City entered into that certain Third Supplemental Agreement for Wind- Generated Energy Purchase executed as of August 25, 2015 and an Amendment No. 1 thereto executed as of December 12,2017(collectively referred to as the"Agreement");and WHEREAS,MEAN and the City desire to amend certain provisions of the Agreement;and NOW,THEREFORE,in consideration of the promises and agreements contained herein,the Parties do mutually agree to the following amendments to the Agreement: SECTION 2.Oblinations of the Parties. Section 2.A shall be deleted in its entirety and shall be replaced by the following: 2.A. MEAN shall generate or cause to be generated wind-generated electrical energy,or,as permitted by this subsection A.,MEAN shall generate or cause to be generated electrical energy and shall acquire equivalent amounts of Environmental Attributes,as defined below ("Contract Wind Energy"), and shall cause to be delivered to City equivalent amounts of electrical energy,in amounts sufficient to serve City's total power requirements in excess of the following resources,which are listed in no particular order of priority and shall be applied to City's invoices from MEAN in the order previously agreed under such agreements: City's allocation of firm power and energy from the Western Area Power Administration, resources listed in the then-current Exhibit B to the SSM Third Revised Supplemental Agreement, City's purchases from MEAN under the Second Supplemental Wind Agreement, and City's purchases from MEAN under the Service Schedule Agreement, which will be calculated in an amount equivalent to the energy which was generated to create the environmental attributes that City purchases under that certain Supplemental Agreement for Purchase of landfill Gas Energy Environmental Attributes between MEAN and the City("LFG Agreement"). True-Up.In the event that in any year the energy generated by the sources listed on Exhibit C hereto is not sufficient to allow MEAN to fulfill its contractual obligations for such year regarding sales of wind-generated electrical energy from 1 the sources in the MEAN Wind Resource Pool, for reasons including but not limited to events of force majeure, MEAN shall be permitted to acquire Environmental Attributes to fulfill its obligations under this Agreement for such year as described above.MEAN agrees not to enter into this Agreement with the sole intention of fulfilling this contractual obligation by purchasing Environmental Attributes. For any year in which MEAN purchases Environmental Attributes to fulfill its obligations hereunder,MEAN shall provide City with written notification of such purchase.Such notification shall state the amount of energy generated by the MEAN Wind Resource Pool for the applicable period of time,the amount of Environmental Attributes purchased to fulfill MEAN's contractual obligations to all participants in the MEAN Wind Resource Pool for the applicable time period, and the justification for such purchase. SECTION 3. Charges. Section 3.A shall be deleted in its entirety and shall be replaced by the following: A. City agrees to pay all monthly charges,as set forth in Exhibit A of this Agreement, associated with generation and delivery of the Contract Wind Energy. The charges and costs are subject to change from time to time. Written notice of changes to the wind energy output charge,listed on Exhibit A of this Agreement, shall be provided by issuance of a revised Exhibit A to City within thirty(30)days of approval by the MEAN Management Committee or the MEAN Board of Directors. SECTION 3. Charges. Section 3.1)shall be deleted in its entirety and shall be replaced by the following: D. Except with regard to the energy charge,for which an alternative rate is specified above,all provisions of the then-current Schedule of Rates and Charges for the Service Schedule Agreement shall apply to City through the term of this Agreement. Section 6. Relationship to Other Agreements.Section 6 shall be deleted in its entirety and shall be replaced by the following: 6. Relationship to Other Agreements.This Agreement shall be separate from and in addition to the Second Supplemental Wind Agreement, the LFG Agreement, the Service Schedule Agreement, the ERPA and the SSM Third Revised Supplemental Agreement thereto.Termination or expiration of this Agreement shall not impair, amend, or change such other agreements,City's then-current Service Schedule Agreement for firm power service, the SSM Third Revised Supplemental Agreement thereto, or the LFG Agreement, and nothing in this Agreement shall limit the rights of MEAN to enforce such other agreements. Exhibit A. Exhibit A to the Agreement shall be deleted in its entirety and shall be replaced by the attached Exhibit A. Terms used but not defined in this Amendment shall have the meaning ascribed thereto in the Agreement. 2 This Amendment No.2 shall take effect as of April 1,2019. All other provisions of the Agreement shall remain the same and continue in full force and effect throughout the remaining term of the Agreement. IN WITNESS WHEREOF, MEAN and the City have caused this Amendment No. 2 to the Third Supplemental Agreement for Wind-Generated Energy Purchase between Municipal Energy Agency of Nebraska and the City of Aspen,Colorado to be executed by these duly authorized officers,the day and year shown below. MUNICIP L ENERGY AGENCY OF NEBRASKA By Printed Name Robert L. POehl •ng Title Executive Director/ Date May 9, 2019 CITY OF ASPEN,COLORADO 1312, '�- Printed Name `- a o, �• o 1� Title-Lr. "r G i 1�N I"YJ�.►�Ag e-� Date K.•I Legall KI MEANT Wind 1 AspenCOAmendNo2to3rd5uppAgmtForWind-GeneratedEnergyPurchoseFINA110190121.docx 3 THIRD SUPPLEMENTAL AGREEMENT FOR WIND-GENERATED ENERGY PURCHASE EXHIBIT A Monthly Charges: 1. Wind Energy Output: $46.00/MWh,subject to change from time to time by action of the MEAN Management Committee or the MEAN Board of Directors. 2. Transmission Charges: Charged at the City's transmission provider's then-current transmission rate. 3. Other Charges: Other charges shall be those directly attributable to the MEAN Wind Resource Pool,including but not limited to such things as energy imbalance charges,ancillary service charges,and scheduling fees. Other charges will be assessed at the transmission provider's then- current rates. 4. Adjustments: The rates and charges shall be adjusted to reflect the impact of any governmental imposition,such as changes in or additions to sales tax,property tax,energy use tax or other governmental or regulatory fees,which are adopted,implemented or enforced after the execution of the Third Supplemental Agreement for Wind- Generated Energy Purchase or which occur as a result of a change after the execution of the Third Supplemental Agreement for Wind- Generated Energy Purchase in the interpretation or enforcement by the governmental or regulatory body of an existing governmental imposition. Point(s)of Delivery: One or more of the resources in the MEAN Wind Resource Pool Effective date of this Exhibit A: April 1,2019 Supersedes Exhibit A dated effective: August 1,2015 4