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RESOLUTION NO. 2013-011 <br />RESOLUTION OF THE SOUTHERN CALIFORNIA <br />PUBLIC POWER AUTHORITY AUTHORIZING THE <br />EXECUTIVE DIRECTOR TO EXECUTE AN AGREEMENT <br />WITH BURNS & McDONNELL ("BURNS"), AND <br />PROVIDING FOR ADDITIONAL CONTRIBUTIONS TO <br />THE AUTHORITY'S REVOLVING GENERAL FUND, AND <br />TAKING CERTAIN RELATED ACTION <br />(RESTRUCTURING) <br />WHEREAS, the Southern California Public Power Authority ("SCPPA" or "the <br />Authority") at the request of and for the benefit of its members ("Members") desires to host a <br />seminar on the concept of electric utility rate making principals and overall rate study process <br />with a focus on the impacts of power supply costs ("Services"); and <br />WHEREAS, SCPPA and Members have identified Burns as a well-qualified <br />professional consultant that is capable of providing such Services; and <br />WHEREAS, the Authority is willing and able to (i) retain Burns to provide <br />Services and (ii) bill all expenses and costs of retaining Burns for providing Services to the <br />Members receiving said Services; and <br />WHEREAS, the cost for Services will be distributed among Members based upon <br />the number of attendees where the total cost for Services will be divided equally among each <br />Member staff attending the sessions for Services; and <br />WHEREAS, the Board of Directors of Authority, in its Resolution No. 1990-15, <br />established a revolving general fund (the General Fund) for the payment of costs and expenses <br />incurred by the Authority from time to time in carrying out its purposes; and <br />WHEREAS, the Board of Directors of the Authority, in its Resolution No. 1992- <br />1, provided for the continuation of the General Fund and established a procedure to be followed <br />with respect to additional contributions to the General Fund; and <br />WHEREAS, the Board of Directors of the Authority, in its Resolution No. 1995- <br />2, provided for a separate bank account (the Joint Planning Account) to hold and disburse the <br />additional contributions to the General Fund with respect to joint planning matters; and <br />WHEREAS, the Board of Directors of the Authority, in its Resolution No. 1995- <br />13, changed the name of the Joint Planning Account to the Restructuring Account; and <br />WHEREAS, the Board of Directors of the Authority wishes to provide for <br />additional contributions to the General Fund, and certain Members of the Authority are willing to <br />make such additional contributions. <br />NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the <br />Authority as follows: <br />