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HomeMy WebLinkAboutRES2023-025 Purchase Circut Breaker for Spring Creek - CITY OF SEWARD, ALASKA Sponsored by: Bower 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 refurbislunent 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 271h day of February, 2023. THE CITY OF SEWARD, ALASKA L J- !M, C'Ctu t-e 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: h-x� Brenda J. Ballo , MMC City Clerk (City S '1iuu1rrt"r % OF Sj � �111+j�� Q FIP Q 1l e r i C ,l 1J f Ir A ! a-J n/ f ® �1 � f f � � � 'a��• ♦ff i OF ALP' #0 City Council Agenda Statement a Meeting Date: February 27, 2023 t! 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: $ This legislation (✓): Creates revenue in the amount of: $ ✓ Creates expenditure in amount of: $ 118,152.00 Creates a savings in the amount of: $ Has no fiscal impact Funds are (✓): ✓ Budgeted Line item(s): 15351-0000-8103 Not budgeted Not applicable 122 Fund Balance Information Affected Fund (✓): General SMIC Iq Electric Wastewater Boat Harbor Parking Wat F1 Healthcare Motor Pool Other Note: amounts are unaudited Fund Balance/Net position - unrestricted/unassigned $ 7,426,000 Restricted/Unavailable Cash Balance: $ 7,488,105 Available Unrestricted Cash Balance: $ 8,021,034 Total Cash Balance: $ 15,509,139 Note: Unrestricted Net Position represents the total non-capital assets of the fund less anyliabilities while unrestricted cash represents the liquid spendable,portion of these assets on a short-term basis Finance Director Signature: Attorney Review RYes Attorney Signature: Not applicable Comments: Administration Recommendation x Approve Resolution Other: 123