Board Meeting Materials
2010 - 2019
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RESOLUTION NO 2011 073 <br />RESOLUTION OF THE SOUTHERN CALIFORNIA PUBLIC <br />POWER AUTHORITY PROVIDING FOR AN ADDITIONAL <br />CONTRIBUTION TO THE AUTHORITYS REVOLVING <br />GENERAL FUND AND TAKING CERTAIN RELATED ACTION <br />RESTRUCTURING APPA <br />WHEREAS the Board of Directors of the Southern California Public Power <br />Authority the Authority in its Resolution No 1990 15 established a revolving general fund <br />the General Fund for the payment of costs and expenses incurred by the Authority from time <br />to time in carrying out its purposes <br />WHEREAS the Board of Directors of the Authority in its Resolution No 19921 <br />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 <br />WHEREAS the Board of Directors of the Authority in its Resolution No 19952 <br />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 <br />WHEREAS the Board of Directors of the Authority in its Resolution <br />No 1995 13 changed the name of the Joint Planning Account to the Restructuring Account <br />WHEREAS the Board of Directors of the Authority wishes to provide for an <br />additional contribution to the General Fund and Members of the Authority are willing to make <br />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 contribution to the General Fund <br />Such additional contribution <br />a shall be solely for the purpose of paying the annual dues to the American Public Power <br />Association on behalf of the Members of SCPPA and pending application for such <br />purpose the contribution shall not be expended to pay costs or expenses properly <br />allocable to one or more projects as provided in Section 3 of Resolution No 1992 1 <br />b shall be in the aggregate amount of 580580 with the portion thereof to be contributed <br />by each Member to be the amount set forth with respect to it on Exhibit A to this <br />Resolution <br />c shall be billed and collected by adding to the Authoritys August 2011 Hoover Uprating <br />Project billing to Anaheim the Authoritys Magnolia Power Project billing to Cerritos and <br />the Authoritys August 2011 Palo Verde Project billing to each other Member the <br />amount set forth with respect to each of them in Exhibit A to this Resolution with such <br />amount designated as Resolution No 2011 073 Charge
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