Board Meeting Materials
2010 - 2019
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RESOLUTION NO. 2011-029 <br />RESOLUTION OF THE SOUTHERN CALIFORNIA PUBLIC <br />POWER AUTHORITY PROVIDING FOR AN ADDITIONAL <br />CONTRIBUTION TO THE AUTHORITY'S REVOLVING <br />GENERAL FUND, AND TAKING CERTAIN RELATED <br />ACTION (GOVERNMENT AFFAIRS MANAGER) <br />(ADVOCACY) <br />WHEREAS, the Board of Directors of the Southern California Public <br />Power Authority (the "Authority") in its Resolution No. 1990-15 established a revolving <br />general fund (the "General Fund") for the payment of costs and expenses incurred by <br />the Authority from time to time in carrying out its purposes; <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 />WHEREAS, the Board of Directors of the Authority, in its Resolution <br />No. 1992-2, provided for a separate bank account (the "Resolution No. 1992-2 <br />Account") to hold and disburse the additional contributions to the General Fund with <br />respect to advocacy matters and joint planning matters; and <br />WHEREAS, the Board of Directors of the Authority in its Resolution No. <br />1995-8 has provided for a separate bank account (the "Advocacy Account") to hold and <br />disburse contributions to the General Fund with respect to advocacy matters; and <br />WHEREAS, the Board of Directors of the Authority wishes to provide for <br />an additional contribution to the General Fund, and Members of the Authority are willing <br />to make such additional contribution. <br />BE IT RESOLVED by the Board of Directors as follows: <br />1. The Board of Directors hereby provides for an additional <br />contribution to the General Fund. Such additional contribution, <br />(a) shall be solely for the purpose of reimbursing the Revolving <br />Fund for costs and expenses incurred by the Authority' Government Affairs Manager; <br />and pending application for such purpose the contribution shall not be expended to pay <br />costs or expenses properly allocable to one or more projects as provided in Section 3 of <br />Resolution No. 1992-1; <br />(b) shall be in the aggregate amount of $295,200, with the <br />portion thereof to be contributed by each Member to be the amount set forth with <br />respect to it on Exhibit A to this Resolution; and <br />
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