My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
R2012-194 AUTHORIZING EXECUTION OF A SERVICE AGREEMENT WITH THE LOWEST RESPONSIBLE BIDDER FOR THE SUPPLY OF ELECTRICITY
COD
>
City Clerk
>
RESOLUTIONS
>
2012
>
R2012-194 AUTHORIZING EXECUTION OF A SERVICE AGREEMENT WITH THE LOWEST RESPONSIBLE BIDDER FOR THE SUPPLY OF ELECTRICITY
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/19/2015 4:33:27 PM
Creation date
8/19/2015 4:32:56 PM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
R2012-194
Res Ord Title
AUTHORIZING EXECUTION OF A SERVICE AGREEMENT WITH THE LOWEST RESPONSIBLE BIDDER FOR THE SUPPLY OF ELECTRICITY
Approved Date
12/3/2012
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
195
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
3.3.2 Notice Negotiation and Early Termination. Upon the occurrence of a Regulatory <br /> Event, the adversely affected Party shall give notice to the other Party that such event has <br /> occurred. The Parties will mutually attempt to negotiate modification(s) to the Agreement so <br /> that the adversely-affected Party may be restored to a reasonably similar economic position that <br /> the adversely-affected Party would have been in but for the occurrence of the Regulatory Event. <br /> If the Parties are unable, within thirty (30) days of entering into negotiations, to agree upon <br /> modification(s) to this Agreement, the adversely affected Party shall have the right, upon thirty <br /> (30) days notice, to terminate this Agreement without liability and close out its obligations <br /> hereunder. <br /> 3.3.3 Regulatory Events Defined. Regulatory changes or rulings, legislative and agency <br /> acts, and judicial rulings covered by preceding Section 3.3.1, include but are not limited to: (i) <br /> material changes affecting FES' ICC Certification applicable to this Agreement/franchise status, <br /> fees, costs, or requirements; (ii) other material changes or clarifications of federal, state or local <br /> government certification, licensing or franchise requirements for electric power suppliers; (iii) <br /> material changes to existing or material new charges, fees, costs, and/or obligations, including <br /> without limitation transmission or capacity requirements or charges, that may be imposed upon <br /> FES by an ISO or a RTO (including the capacity market changes contemplated in FERC docket <br /> ERI 1-4081), independent transmission provider, Electric Utility, federal law or government <br /> agency; (iv) material changes to existing or material new charges, fees, costs, credits, emission <br /> allowance requirements, permitting requirements and/or obligationsations associated with <br /> environmental or energy law and regulations (including, without limitation, alternative energy <br /> requirements, carbon and greenhouse gas, or other similar controls); and (v) other material <br /> changes to, or requirements of, retail electric customer access or aggregation programs in a <br /> manner which will not reasonably allow a Party or the Parties to perform economically <br /> hereunder. <br /> 3.4 Termination Obligations._ Termination of this Agreement shall not relieve either Party of <br /> the obligation(s)to pay amounts owed for actual performance of obligations rendered prior to the <br /> termination of this Agreement. <br /> 3.5 Termination Notices. In the event of termination hereunder, the terminating Party shall <br /> exercise its best efforts to communicate to the non-terminating Party the upcoming possibility of <br /> termination. In the event that this Agreement is terminated prior to the end of the Term, each <br /> individual Participating Customer of the Aggregation Program will be provided written <br /> notification from the terminating Party of the termination of the Agreement at least thirty (30) <br /> days prior to termination, and in compliance with other regulatory or legal requirements and <br /> Participating Customers will also be notified of their right to return to the Electric Utility or to <br /> select an alternate retail electric supplier. All other notification(s) shall be in accordance with <br /> ICC requirements. <br /> ARTICLE 4 <br /> ENERGY SCHEDULING, TRANSMISSION, PRICING AND DELIVERY <br /> 4.1 Scheduling Transmission and Delivery of Power. During the Delivery Tenn, FES shall <br /> schedule Energy as required by the RTO or other transmission provider and the Electric Utility, <br /> and shall arrange for transmission and distribution service to the Participating Customers. FES <br /> will arrange for necessary electric distribution and transmission rights for delivery of such <br /> Energy to provide the Retail Electric Supply hereunder and subject to the understanding that FES <br /> has an obligation to make deliveries to Participating Customer as set forth in Section 2.1 except <br /> 6 <br />
The URL can be used to link to this page
Your browser does not support the video tag.