Laserfiche WebLink
ITS*87UJAre7iklZl:•Z T119i6IIR <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 SCPPA member utilities (Participants) are engaged in <br />the analysis of certain financial matters and in the provision of electrical energy to their <br />retail customers through various power purchase, acquisition and financing related <br />transactions and arrangements; and <br />WHEREAS, certain of SCPPA's members have requirements for skilled analysis <br />of certain financial matters by financial specialists and require financial advisor related <br />services in connection with these matters; and <br />WHEREAS, SCPPA has the ability to provide these services, including <br />those services relating to a wide variety of financial advisor related services through its <br />existing professional services agreement with Public Financial Management (PFM); <br />and <br />WHEREAS, Certain SCPPA members have asked that SCPPA make <br />available to these members certain financial advisor related services of Public Financial <br />Management for the purpose of assisting in finance related matters (the Services); and <br />WHEREAS, Public Financial Management (PFM) is presently under <br />contract to SCPPA and is well qualified to provide these 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 />