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Title:
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FIVE-YEAR POWER SALES AGREEMENT BETWEEN SOUTHERN CALIFORNIA PUBLIC POWER AUTHORITY AND THE CITY OF RIVERSIDE FOR 0.8 MEGAWATTS FROM THE AMERICAN RENEWABLE POWER-LOYALTON BIOMASS PROJECT TO COMPLY WITH SENATE BIILL 859 – ESTIMATED $620,000 ANNUAL COST
That the Board of Public Utilities:
1. Approve the five-year Power Sales Agreement between Southern California Public Power Authority and the City of Riverside to provide renewable biomass energy and renewable energy credits from the American Renewable Power-Loyalton Biomass Project;
2. Authorize the City Manager or his designee to execute or terminate the Power Sales Agreement, as well as future amendments to the Power Sales Agreement, under terms and conditions substantially similar or superior to the Power Sales Agreement; and
3. Authorize the City Manager or his designee to execute any documents necessary to administer the Power Sales Agreement.
(presentation by Danny Garcia – 10 min)
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