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05-09-2022 BPU RPT 03
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05-09-2022 BPU AGENDA
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<br /> <br /> RIVERSIDE PUBLIC UTILITIES <br /> Board Memorandum <br /> <br />TO: BOARD OF PUBLIC UTILITIES DATE: MAY 9, 2022 <br />FROM: WARDS: ALL <br /> <br />SUBJECT: AUTHORIZE AN INCREASE IN EXPENDITURES BY $150,000 TO CONTINUE <br />TO RETAIN HOLLAND AND HART TO REPRESENT THE CITY FOR THE <br />NEGOTIATION OF POWER PURCHASE AGREEMENT MATTERS FOR A <br />TOTAL EXPENDITURE AUTHORIZATION OF $200,000 <br />ISSUES: <br />Authorize an increase in expenditures by $150,000 to continue to retain Holland and Hart to <br />represent the City for the negotiation of power purchase agreement matters for a total expenditure <br />authorization of $200,000. <br />RECOMMENDATIONS: <br />That the Board of Public Utilities recommend to the City Council: <br />1. Approve an increase in expenditures by $150,000 to continue to retain Holland and Hart to <br />represent the City for the negotiation of power purchase agreements, for a total authorized <br />expenditure of $200,000. <br />2. Authorize the City Attorney to execute Engagement Letters to retain Holland and Hart for the <br />negotiation of power purchase agreements. <br />BACKGROUND: <br /> <br />Council shall have control of all legal business and proceedings and may employ other <br /> <br />On March 2, 2021, the City Council authorized the addition of the law firm Holland and Hart to the <br />approved attorney panel and authorized an initial expenditure of $50,000 to assist with the <br />negotiation and drafting of power purchase agreements. <br />- SamePowers and dutiesthe Board <br />uthorize . . ., within the limits of the budget of the Department of <br />Public Utilities, any purchase of equipment, materials, supplies, goods or services, or any <br />acquisition, construction, improvement, extension, enlargement, diminution, or curtailment of all <br /> <br />
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