HomeMy WebLinkAboutRES2023-025 Purchase Circut Breaker for Spring CreekSponsored by: Bower
CITY OF SEWARD, ALASKA
RESOLUTION 2023-025
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, AUTHORIZING THE CITY MANAGER TO PURCHASE FROM
TITAN ENERGY ASSETS ONE 1,200 AMP GAS CIRCUIT BREAKER FOR
INSTALLATION IN THE SPRING CREEK SUBSTATION IN A NOT -TO -
EXCEED AMOUNT OF $118,152, AND APPROPRIATING FUNDS
WHEREAS, the Electric Department engineering consultant, Electric Power Consultants,
reached out to multiple vendors and Titan Energy Assets responded with the lowest bid while also
meeting all operational specifications; and
WHEREAS, the gas circuit breaker is part of the substation refurbishment effort occurring
with the City's larger transmission infrastructure project; and
WHEREAS, the circuit breaker is an electrical safety device designed to protect an
electrical circuit from damage caused by overcurrent; and
WHEREAS, the basic function of the circuit breaker is to interrupt current flow to protect
equipment and to prevent risk of fire.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA that:
Section 1. The City Manager is hereby authorized to purchase from Titan Energy Assets
one 1,200-amp gas circuit breaker for installation in the Spring Creek Substation.
Section 2. Funding in the not -to -exceed amount of $118,152.00, including a packaging and
shipping fee, is hereby appropriated from the System Infrastructure Project budget via the
approved Revenue Bond from Electric reserves account no. 15351-0000-8103.
Section 3. This resolution shall take effect immediately upon adoption.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 27th
day of February, 2023.
THE CITY OF SEWARD, ALASKA
Sue McClure, Mayor
CITY OF SEWARD, ALASKA
RESOLUTION 2023-025
AYES: DeMoss, Wells, Finch, Barnwell, Calhoon, Osenga, McClure
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
Brenda J. Balloi MMC
City Council Agenda Statement
Meeting Date: February 27, 2023
To: City Council
Through: Janette Bower
From: Rob Montgomery, General Manager Electric
Subject: Resolution 2023-025: Authorizing The City Manager To Purchase From Titan
Energy Assets One 1,200-Amp Gas Circuit Breaker For Installation In The
Spring Creek Substation In A Not -To -Exceed Amount Of $118,152.00, And
Appropriating Funds
Background and justification:
In 2022, a $10 million revenue bond was approved to complete work over the next 2-4 years to
replace aging transmission infrastructure in Seward and upgrade the system's voltage capacity from
69kV to 115kV. Part of this work will include the refurbishment of substations and the equipment
inside the substations. This 1,200-amp gas circuit breaker, which is safety device to protect
electrical circuits from damage, will be installed at the Spring Creek Substation. The basic function
of the circuit breaker is to interrupt the flow of electric current to protect equipment and prevent
risk of fire.
While the installation of this gas circuit breaker is not scheduled until late summer or early fall,
ordering the circuit breaker now is necessary to meet supply chain deadlines. The price shown
above does include a 10 percent fee for packaging and crating.
Comprehensive and Strategic Plan Consistency Information
This legislation is consistent with (citation listed):
Comprehensive Plan: 3.7.1.4 "Continue to upgrade and expand utilities to meet existing needs and
encourage future development."
Strategic Plan:
Other:
Certification of Funds
Total amount of funds listed in this legislation:
Th s legislation (✓):
Creates revenue in the amount of:
Creates expenditure in amount of:
Creates a savings in the amount of:
Has no fiscal impact
Funds are (✓):
v
v
$
$
$ 118,152.00
$
Budgeted Line item(s): 15351-0000-8103
Not budgeted
Not applicable
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Fund Balance Information
Affected Fund (✓):
General
Boat Harbor
Motor Pool
SMIC
Parking
Other
v
Electric
Water
Wastewater
Healthcare
Note: amounts are unaudited
Fund Balance/Net position — unrestricted/unassigned $ 7,426,000
Restricted/Unavailable Cash Balance:
Available Unrestricted Cash Balance:
Total Cash Balance:
$ 7,488,105
$ 8,021,034
$ 15,509,139
Note: Unrestricted Net Position represents the total non -capital assets of the fund less any liabilities
while unrestricted cash represents the liquid spendable portion of these assets on a short-term
basis.
Finance Director Signature:
Attorney Review
x
Yes
Attorney Signature:
Not applicable Comments:
Administration Recommendation
x
Approve
Resolution
Other:
123