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Title:
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APPROVE A FIFTY-YEAR ELECTRIC SERVICE CONTRACT AND AN AMENDED AND RESTATED IMPLEMENTATION AGREEMENT FOR 30 MW OF HYDROELECTRIC POWER FROM THE BOULDER CANYON (E.G. HOOVER DAM) PROJECT WITH WESTERN AREA POWER ADMINISTRATION, BUREAU OF RECLAMATION - ESTIMATED $800,000 FIRST YEAR COST
That the Board of Public Utilities recommend that the City Council:
1. Approve the Electric Service Contract between the United States Department of Energy Western Area Power Administration and City of Riverside to continue the electric service from the Boulder Canyon Project (Hoover Dam) from October 1, 2017, through September 30, 2067;
2. Approve the Implementation Agreement amongst the United States Department of Energy Western Area Power Administration, Bureau of Reclamation, and City of Riverside;
3. Authorize the City Manager or his designee, to execute any documents necessary to administer the Electric Service Contract and the Implementation Agreement; and
4. Authorize the City Man...
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