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HomeMy WebLinkAbout2021-022 - ResolutionRESOLUTION NO. 2021-022 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, TO ADOPT A RESOURCE ADEQUACY PROGRAM UPDATE FOR RANCHO CUCAMONGA MUNICIPAL UTILITY WHEREAS, the City of Rancho Cucamonga desires to ensure that there will be adequate electric resources to serve all of its Municipal Utility customers; and WHEREAS, the State of California's Independent System Operator (CAISO) has required that Load Serving Entities (LSEs) provide a Planning Reserve Margin for resource planning to serve their customers; and WHEREAS, the City of Rancho Cucamonga's Municipal Utility (RCMU), which as a LSE, has developed a Resource Adequacy Program that will guide the purchase of capacity resources that are adequate to serve the Municipal Utility's customers. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, HEREBY RESOLVES AND FINDS AS FOLLOWS: SECTION 1: The City Council does fully support the implementation of a Resource Adequacy (RA) Program update that will provide for adequate electric resources to serve all RCMU customers. SECTION 2: The City Council for the City of Rancho Cucamonga, California ("City") hereby adopts the following RA Program for its Municipal Utility ("RCMU"). Capitalized terms not otherwise defined herein shall be defined as set forth in the Master Definitions Supplement of the California Independent System Operator Corporation ("CAISO"). This RA Program shall remain in effect, subject to modification by the City Council. Resolution No. 2021-022 — Page 1 of 2 PASSED, APPROVED, and ADOPTED this 215t day of April 2021. ATTEST: ofinll.'F� I'C' &qXA>� J nice C. Reynolds, dty Clerk STATE OF CALIFORNIA COUNTY OF SAN BERNARDINO ) ss CITY OF RANCHO CUCAMONGA ) I, Janice C. Reynolds, City Clerk of the City of Rancho Cucamonga, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, at a Regular Meeting of said Council held on the 215t day of April 2021. AYES: Hutchison, Kennedy, Michael, Scott, Spagnolo NOES: None ABSENT: None ABSTAINED: None Executed this 22"d day of April, 2021, at Rancho Cucamonga, California. nice C. Reynolds, City Clerk Resolution No. 2021-022 — Page 1 of 2