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[Roll Call Vote] <br />RESOLUTION NO, 2000-4 <br />RESOLUTION OF THE BOARD OF DIRECTORS OF SOUTHERN <br />CALIFORNIA PUBLIC POWER AUTHORITY AUTHORIZING (I) THE <br />EXECUTION AND DELIVERY OF AN AGREEMENT WITH THE <br />AUTHORITY'S FINANCIAL ADVISOR FOR SERVICES RELATING TO A <br />TENDER OFFER PROGRAM FOR THE PURCHASE OF CERTAIN SOUTHElW <br />TRANSMISSION PROJECT REVENUE BONDS AND THE ISSUANCE OF <br />CERTAIN SOUTHERN TRANSMISSION PROJECT REVENUE BONDS, <br />(11) THE EXECUTION AND DELIVERY OF AN AGREEMENT WITH <br />BONDHO1,DER COMMUNICATIONS GROUP FOR SERVICES RELATING TO <br />SUCH TENDER OFFER PROGRAM, AND (HI) THE PERFORMANCE OF <br />LEGAL SERVICES BY THE AUTHORITY'S CO-BOND COUNSEL <br />WHEREAS, on January 20,2000, the Board of Directors of the Southern California <br />Public Power Authority (the "Authority") authorized, among other things, the preparation of all <br />documents necessary or appropriate for (i) a tender offer program pursuant to which the Authority <br />will purchase and cancel certain of the Southern Transmission Project Revenue Bonds, 1992 and <br />1993 Subordinate Refunding Series (the "Tender Offer Program") and (ii) the sale and issuance of <br />subordinate Southern Transmission E'roject Revenue Bonds (the "2000 Bonds"), proceeds of which <br />will be used to purchase bonds tendered pursuant to the Tender Offer Program; and <br />WHEREAS, the Board of Directors of the Authority desires to enter into certain <br />agreements and to authorize the performance of certain services relating to the Tender Offer Program <br />and the issuance of the 2000 Bonds. <br />NOW, THEREFORE, HE IT RESOLVED by the Board of Directors of the Authority <br />as follows: <br />1. Public Financial Management, Inc, ("PFM") is hcreby authorized to perform <br />the services relating to the Tender Offer Program and the issuance of the 2000 Bonds as are <br />described in the letter agreement between the Authority and PFM in substantially the form attached <br />hereto as Attachment A, and each of the President, the Vice President and the Executive Director <br />of the Authority is hereby authorized to execute and deliver such letter agreement. <br />2. Bondholder Communications Group ("BCCi") is hereby authorized to perform <br />certain services relating to the Tender Offer Program as described in the letter agreement between <br />the Authority and BCG, in substantially the form attached hereto as Attachment B, and each of the <br />President, the Vice President and thc Executive Director of the Authority is hereby authorized to <br />execute and deliver such letter agreement.