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RESOLUTION NO. 2013-017 <br />RESOLUTION OF THE SOUTHERN CALIFORNIA PUBLIC <br />POWER AUTHORITY AUTHORIZING THE EXECUTIVE <br />DIRECTOR TO PROVIDE FOR THE SERVICES OF <br />WILLIS GROUP CONSULTING AT THE REQUEST OF <br />SPECIFIC MEMBERS RELATED TO COMPLIANCE WITH <br />THE DODD-FRANK ACT, AND PROVIDING FOR <br />ADDITIONAL CONTRIBUTIONS TO THE AUTHORITY'S <br />REVOLVING GENERAL FUND, AND TAKING RELATED <br />ACTIONS (RESTRUCTURING) <br />WHEREAS, the Southern California Public Power Authority ("SCPPA" or <br />"the Authority") owns interests in various generation and transmission projects, the <br />output of which has been sold to Members of the Authority (Members); and <br />WHEREAS, certain Members engage transactions typical of publicly - <br />owned electric utilities and have need for expert advice with regard to compliance with <br />laws and regulations associated with their financial transactions, and in particular the <br />Dodd—Frank Wall Street Reform and Consumer Protection Act enacted in 2010, and <br />regulations promulgated thereunder ("the Dodd -Frank Act"); and <br />WHEREAS, at the request of certain Members, SCPPA issued a Request <br />for Proposals ("RFP") in October 2012 seeking consultants skilled in advising publicly - <br />owned utilities in such compliance matters; and <br />WHEREAS, Willis Group Consulting ("Willis Group") was among several <br />firms that responded to the RFP and, after interviews conducted by staff and Member <br />representatives, has been selected as their first choice to provide such services; and <br />WHEREAS, the Authority is willing and able to make these services <br />available to SCPPA members requesting such services and bill all expenses and costs <br />of providing such services to the Members receiving said Services; and <br />WHEREAS, the Board of Directors of Authority, in its Resolution No. <br />1990-15, established a revolving general fund (the General Fund) for the payment of <br />costs and expenses incurred by the Authority from time to time in carrying out its <br />purposes; and <br />WHEREAS, the Board of Directors of the Authority, in its Resolution <br />No. 1992-1, provided for the continuation of the General Fund and established a <br />procedure to be followed with respect to additional contributions to the General Fund; <br />and <br />WHEREAS, the Board of Directors of the Authority, in its Resolution <br />No. 1995-2, provided for a separate bank account (the Joint Planning Account) to hold <br />and disburse the additional contributions to the General Fund with respect to joint <br />planning matters; and <br />