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Resolution 14278CITY OF ALAMEDA RESOLUTION NO. 14 2 7 8 APPROVING AN AGREEMENT WITH AMERESCO BUTTE COUNTY LLC FOR THE PURCHASE OF POWER FROM LANDFILL GAS GENERATION FOR A 20 YEAR TERM WHEREAS, Alameda Power & Telecom has negotiated a renewable energy Power Purchase Agreement with Ameresco Butte County LLC for the purchase of 50% of the output from a new landfill gas -to- energy generation project located near Paradise, California; and WHEREAS, under the terms of the Power Purchase Agreement Alameda Power & Telecom would purchase the plant output for a period of 20- years; and WHEREAS, the price begins at $87.00 per MW -hour and escalates at 1.5% annually over the life of the contract; and WHEREAS, Alameda Power & Telecom staff has evaluated the project and concluded that the specified contract price is economical and that the power will help meet electric loads of the city in a timely, reliable and environmentally beneficial manner; and WHEREAS, Pursuant to the requirements of City Charter Section 12- 1(c), the Alameda Public Utilities Board has reviewed and approved this Purchase Power Agreement and recommends that the City Council ratify its action as required by City Charter Section 12 -2(a). NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that: 1. The Council ratifies the action of the Public Utilities Board approving the renewable energy Power Purchase Agreement between Alameda Power & Telecom and Ameresco Butte County, LLC. 2. The General Manager of Alameda Power & Telecom is authorized to execute the Power Purchase Agreement without material change. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda during the Regular Meeting of the City Council on the 21st day of October, 2008, by the following vote to wit: AYES: Councilmembers deHaan, Gilmore, Matarrese, Tam and Mayor Johnson - 5. NOES: None. ABSENT: None. ABSTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 22nd day of October, 2008. ara Weisiger, City City of Alameda