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[Roll Call Vote] <br />RESOLUTION NO. 2000-7 <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 SAN JUAN <br />POWER PROJECT REVENUE BONDS AND THE ISSUANCE OF CERTAIN <br />SAN JUAN POWER PROJECT REVENUE BONDS AND (11) THE <br />EXECUTION AND DELIVERY OF AN AGREEMENT WITH BONDHOLDER <br />COMMUNICATIONS GROUP FOR SERVICES RELATING TO SUCH <br />TENDER OFFER PROGRAM <br />WHEREAS, on February 17,2000, the Board of Directors ofthe 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 San Juan Power Project Revenue Bonds, 1993 Series A (the <br />"Tender Offer Program") and (ii) the sale and issuance of San Juan Power Project Revenue Bonds <br />(the "2000 Bonds"), proceeds of which will be used to purchase bonds tendered pursuant to the <br />Tender Offer Program; and <br />WHEREAS, the Board of Directors of the Authority desires to enter into certain <br />agreements relating to the Tender Offer Program and the issuance of the 2000 Bonds. <br />NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Authority <br />as follows: <br />1. Public Financial Management, Inc. ("PFM) is hereby 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 ("BCG) is hereby authorized to perfom <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 the Executive Director of the Authority is hereby authorized to <br />execute and deliver such letter agreement.