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1995 RES R-75-95
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1995 RES R-75-95
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9i <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />RESOLUTION NO. R-75,95 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, <br />CALIFORNIA, AUTHORIZING THE EXECUTION OF THE <br />INTERCHANGE AGREEMENT BETWEEN THE DEPARTMENT OF <br />WATER RESOURCES OF THE STATE OF CALIFORNIA AND THE <br />CITY OF COLTON <br />WHEREAS, the Department of Water Resources of the State of California, <br />DWR), a State Water Resources Development Agency, is engaged in the generation, <br />transmission, sale and purchase of electric power and energy; and <br />WHEREAS, the City of Colton may from time to time purchase short-term <br />economy energy, and firm power from DWR; and <br />WHEREAS, the City of Colton and DWR desire to enter into an interchange <br />agreement to facilitate the interchange of power and energy between the parties and to <br />establish the terms and conditions for such exchanges. <br />NOW, THEREFORE, BE IT RESOLVED, that the Mayor of the City Colton is <br />authorized to execute said Interchange Agreement between the parties; and the Electric <br />Utility Director, or his designated subordinate, is hereby authorized to enter into future <br />transactions that arise under the Agreement. <br />PASSED, APPROVED, AND ADOPTED this 18th day of July, 1995. <br />ATTEST: <br />Helen A. Ramos, CMC <br />City Clerk <br />7 <br />George V. Fu p <br />Mayor <br />
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