HomeMy WebLinkAbout~Master - Approving Revisions to Transmission Agreement for Participation Power and Energy Between the City of Ames and Iowa State University RESOLUTION NO. 99-168
RESOLUTION APPROVING REVISIONS TO
TRANSMISSION AGREEMENT FOR PARTICIPATION POWER
AND ENERGY BETWEEN THE CITY OF AMES
AND IOWA STATE UNIVERSITY
WHEREAS,the City of Ames currently has an agreement to sell electric capacity to Iowa State
University(ISU) during 1999; and,
WHEREAS,ISU is seeking the City's assistance in helping to meet their electric needs through
April 30, 2005, with the following amendments to our existing agreement:
1. A Participation Power and Energy Schedule(Schedule I of ISU Agreement)will be added
to the City's Agreement with ISU. This Schedule establishes rates for capacity, energy,
and transmission that will allow the City of Ames to recoup costs incurred from the City's
transactions with Muscatine Power&Water Municipal System and MidAmerican Energy
Company to satisfy ISU's needs.
2. An Interruptible Power and Energy Schedule (Schedule J of ISU Agreement) will be
added to the City's Agreement with ISU whereby ISU has agreed to interrupt, or curtail,
its purchase of specified amounts of power and energy when Ames needs the capacity
during summer peak load conditions.
WHEREAS, it is necessary for the Board of Regents to authorize the proposed revisions to the
City's existing agreement with ISU.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the amendments to the Ames/ISU Transmission Service Agreement, specifically Schedule I and
Schedule J, are hereby approved contingent upon the Board of Regents' approval of the said revisions.
ADOPTED THIS 1 lth day of May, 1999.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Parks
Seconded by: Cross
Voting aye: Campbell, Cross, Hoffinan, Parks, Quirmbach, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 1 lth day of May, 1999.