12-13-2011 CC RPT 50 - Laserfiche WebLink

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City Council Memorandum TO: HONORABLE MAYOR AND CITY COUNCILDATE: December 13, 2011 FROM: PUBLIC UTILITIES DEPARTMENT ITEM NO: WARDS: ALL SUBJECT:AMENDED AND RESTATED SECOND AMENDED SAN ONOFRE OPERATING AGREEMENT BETWEEN CITY OF RIVERSIDE, CITY OF ANAHEIM, SAN DIEGO GAS AND ELECTRIC AND SOUTHERN CALIFORNIA EDISON ISSUE: That the City Council consider approval of the Amended and Restated Second Amended San Onofre Operating Agreement among the City of Riverside (“Riverside”), the City of Anaheim (“Anaheim”), San Diego Gas and Electric Company (“SDG&E”) and Southern California Edison Company (“SCE”). RECOMMENDATIONS: That the City Council: 1. Approve the Amended and Restated Second Amended San Onofre Operating Agreement (“Amended and Restated OA”); 2. Authorize the City Manager, or his designee, to execute the Amended and Restated OA; and 3. Authorize the City Manager, or his designee, to execute any future amendments. BOARD RECOMMENDATION: The Board of Public Utilities unanimously approved this item at their regularly scheduled meeting on December 2, 2011. BACKGROUND: The San Onofre Nuclear Generating Station (SONGS) is comprised of three (3) generating units: Unit 1, which permanently ceased operation in 1992, is jointly owned by SCE and SDG&E; and Units 2 and 3 which are jointly owned by SCE, SDG&E, Anaheim and Riverside. In accordance with the agreement governing SONGS ownership, Riverside holds 1.79% interest in all plant facilities of Units 2 and 3, and 1.49% interest in facilities which are common to all three (3) units.