HomeMy WebLinkAbout~Master - Approving Agreement to Purchase Power (Capacity) from Mid-American Energy Co. RESOLUTION NO. 00-229
RESOLUTION APPROVING AGREEMENT TO PURCHASE
POWER(CAPACITY) FROM MID-AMERICAN ENERGY CO.
FOR THE CITY OF AMES, IOWA
WHEREAS, as a member of the Mid-Continent Area Power Pool (MAPP), the City of Ames
is required to maintain a 15%reserve beyond the projected system demand; and,
WHEREAS,by pooling these reserves,MAPP can maintain regional reliability when there is
a loss of a generating resource; and,
WHEREAS, on May 11, 1999, City Council approved an agreement to purchase 12 MW of
power(capacity) from Muscatine Power and Water to fulfill AMES and ISU needs for the year 2000;
and,
WHEREAS,last summer was a very hot summer and AMES exceeded its load forecast of 107.8
MW by 4 MW, setting a new peak load of 111.8 MW; and,
WHEREAS, a new capacity analysis has been completed, and staff is now predicting the need
for additional capacity for this summer; and,
WHEREAS, Muscatine Power and Water does not have additional capacity available at this
time; and,
WHEREAS, Mid-American Energy Co. was contacted, and they indicated that 4 MW of
capacity is available for a price of$121,320 ($30,330/MW).
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa, that
the Power Sales Agreement with Mid-American Energy Co.in the amount of$121,320 for 4 megawatts
of Peaking Participation Power is hereby approved.
ADOPTED THIS 16th day of May, 2000.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Campbell
Seconded by: Hoffinan
Voting aye: Campbell, Cross, Goodhue, Hoffman, Quirmbach, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 16th day of May, 2000.