Explanation
BACKGROUND: This ordinance authorizes the Director of Public Utilities to execute a FIRST AMENDMENT TO THE 2014-2016 POWER SALES SCHEDULE between American Municipal Power, Inc., and the City.
The parties have previously entered into a 2014-2016 Power Sales Schedule a schedule to the Master Services Agreement between American Municipal Power, Inc., and the City. The parties desire to amend the 2014-2016 Power Sales Schedule to update the applicable delivery points, address the appropriate treatment of the City's O'Shaughnessy Hydro generator, confirm cost responsibilities between the two parties, and make other technical corrections.
All other terms and conditions of the 2014-2016 Power Sales Schedule shall remain in full force and effect.
Amount of additional funds to be expended: $0
Contract Compliance Number: 310943223, expires 01/12/2014.
FISCAL IMPACT: This modification will not have any fiscal impact on the existing budget.
Title
To authorize the Director of Public Utilities to execute a first amendment to the 2014-2016 Power Sales Schedule between the City of Columbus, Ohio and American Municipal Power, Inc., in order to update the applicable delivery points, address appropriate treatment of the City's O'Shaughnessy Hydro generator, confirm cost responsibilities between the two parties, and make other technical corrections.
Body
WHEREAS, the City and American Municipal Power, Inc. entered into a 2014-2016 Power Sales Schedule, a schedule to the Master Services Agreement between American Municipal Power, Inc., and the City; and
WHEREAS, the parties desire to amend the 2014-2016 Power Sales Schedule to update the applicable delivery points, address the appropriate treatment of the City's O'Shaughnessy Hydro generator, confirm cost responsibilities between the two parties, and make other technical corrections; now, therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Public Utilities be and is hereby authorized to execute a first amendment to the 2014-2016 Power Sales Schedule between the City and American Municipal Power, Inc., in order to update the applicable delivery points, address appropriate treatment of the City's O'Shaughnessy Hydro generator, confirm cost responsibilities between the two parties, and make other technical corrections.
SECTION 2. That this Ordinance shall take effect and be in force from and after the earliest period allowed by law.