Section 110-221; Res. 98-09; Accepting the terms of a settlement with SERC Reliability Corporation relating to NERC reliability standards; authorizing the City Manager to negotiate and execute a settlement agreement with SERC Reliability Corporation


Council Bill No. R 98-09

    A RESOLUTION

accepting the terms of a settlement with SERC Reliability Corporation relating to North American Electric Reliability Council (NERC) reliability standards; and authorizing the City Manager to negotiate and execute a settlement agreement with SERC Reliability Corporation.

BE IT RESOLVED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS FOLLOWS:

    SECTION 1.    The City Council accepts the settlement terms set forth in a letter from the SERC Reliability Corporation, a copy of which, marked “Exhibit A,” is attached to and made part of this resolution.

    SECTION 2.    The City Manager is hereby authorized to sign Exhibit A and return it to the SERC Reliability Corporation.  The City Manager is also authorized to negotiate and execute a settlement agreement with the SERC Reliability Corporation.

    ADOPTED this 4th day of May, 2009.