Board Meeting Materials
2010 - 2019
4/18/2017 4:25:04 PM
4/18/2017 4:25:03 PM
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WHEREAS, The Southern California Public Power Authority (SCPPA) was <br />created pursuant to the California Joint Exercise of Powers Act (The Act), for the <br />purpose of jointly and cooperatively undertaking the financing, development, acquisition, <br />construction, and operation of projects for the generation or transmission of electric <br />energy, including renewable energy, and for the acquisition of fuel; and <br />WHEREAS, pursuant to the Act SCPPA possesses the power to own <br />interests in facilities for the purpose of promoting electric generation and transmission <br />and to finance these interests through the issuance of bonds or other forms of debt for <br />the benefit of those projects and participants served by those facilities. Under the Act <br />the Authority also has the power to plan, finance, develop, acquire, design, construct, <br />own and operate projects involving the generation and transmission of electric energy <br />and the acquisition of fuel and the development of renewable energy, and to cause such <br />projects to be planned, developed, financed, acquired, designed, constructed, operated, <br />maintained and repaired, and to provide by agreement for the performance and carrying <br />out of such activities, including agreements and instruments associated with financing of <br />such matters; and <br />WHEREAS, the SCPPA has need from time to time for Bond Counsel <br />services in connection with the issuance of bonds, notes, certificates of participation or <br />other forms of debt or other methods for financing of SCPPA projects and interests; <br />and <br />WHEREAS, during 2011 SCPPA carried forth an extensive Request for <br />Proposals process which involved members of the SCPPA Finance Committee and <br />several attorney members from SCPPA participant City Attorney offices. This process <br />entailed an extensive review of written proposals from several law firms possessing <br />substantial capabilities and experience in bond, tax exempt financing and complex <br />financial transactional work. The 2011 Request for Proposals process was designed <br />and carried forth for the purpose of achieving the best value at the lowest cost for <br />SCPPA for these services; and <br />WHEREAS, Curls Bartling P.C. was a firm which had previously carried <br />forth certain co bond counsel work for SCPPA in connection with numerous SCPPA <br />projects and project finance activities; and <br />
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