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HomeMy WebLinkAboutRes2018-093 Sponsored by: Bridges CITY OF SEWARD,ALASKA RESOLUTION 2018-093 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AFFIRMING THE SUPPORT OF THE FORMATION OF A TRANSCO WHEREAS,the City of Seward Electric Utility,along with all the other Railbelt utilities, have conducted extensive analysis and study concerning the benefits and detriments to Railbelt ratepayers of forming a Transco to operate, maintain and, as necessary, improve the Railbelt's transmission infrastructure; and WHEREAS,the City of Seward,Matanuska Electric Association(MEA),Homer Electric Association (HEA), Chugach Electric Association (Chugach), the City of Anchorage Municipal Light and Power(ML&P),Golden Valley Electric Association(GVEA)and American Transmission Company Development Incorporated(ATC)are developing cooperative approaches for sharing the costs,capital and operational responsibilities of the Transco; and WHEREAS,A term sheet with the Railbelt Utilities and ATC that delineates the initial and' long-term allocation of transmission costs,operational responsibilities and capital obligations in a manner equitable and favorable to the interests of City of Seward and its members has been negotiated and presented to the City Council,and WHEREAS,incorporation of the Transco will require a Certificate of Public Convenience and Necessity(CPCN)and will be regulated by the Regulatory Commission of Alaska(RCA);and WHEREAS,on April 9,2018 the City Council passed Resolution 2018-37 authorizing the City Manager to file, in partnership with ATC and interested Railbelt Utilities an application for a Transco CPCN with the RCA. NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD,ALASKA that: Section 1. The Seward City Council hereby reaffirms Resolution 2018-037,supporting the Transco concept and authorizing the City Manager to enter into negotiations with other railbelt utilities and American Transmission Company in the formation of such an organization; and Section 2. The City Manager shall bring forward an additional resolution to council for final approval,prior to any transfer of utility assets,and Section 3. This resolution shall take effect immediately upon its adoption. CITY OF SEWARD,ALASKA RESOLUTION 2018-093 PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 10th day of December, 2018. THE CITY OF SEWARD, ALASKA `\--r\rc e ve Sue McClure, Vice Mayor AYES: Towsley, Horn, Lane, Osenga, McClure NOES: None ABSENT: Seese, Squires ABSTAIN: None ATTEST: //, /, :renda J. Ballo( MC City Clerk (City Seal)**y OF� Se ..,Ae, 0•.. SEAL i a • • t. • • r 39 Res 2018-093 40