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537i ORDINANCE N0. ~ 3~ AN ORDINANCE SETTING FORTH AND AUTHORIZING THE EXECUTION OF AN AMENDMENT TO THE SERVICE AGREE- MENT DATED FEBRUARY 2, 1967 BETWEEN ARKANSAS POWER & LIGHT COMPANY AND THE CITY OF WEST MEMPHIS, ARKANSAS, FOR THE PURCHASE OF POWER AND ENERGY BY THE CITY FOR DISTRIBUTION THROUGH ITS ELECTRICAL SYSTEM AND THE SUPPLYING OF POWER AND ENERGY BY ARKANSAS POWER & LIGHT COMPANY, DECLARING AN EMERGENCY, AND Fb R OTHER PURPOSES WHEREAS, the City of West Memphis, Arkansas and Arkansas Power 8c Light Company have heretofore entered into a Service Agreement dated February 2, 1967 pursuant to authority granted in Ordinance No. 520 in the foztn set out in Ordinance No. 520; and WHEREAS, at a lawful meeting of the West Memphis Utility Commission held Jl9~t.~- ~~~~ 1967, the Commission reviewed a proposed form of amendment to said Service Agreement providing for the designation of three points of delivery of the electrical power and energy to be supplied under said Service Agreement and approved the form and content of the pro- posed amendment to said Service Agreement, and recommended to the City Council that the said amendment to Service Agreement be approved; and WHEREAS, the Council and its consultants have reviewed the proposed amendment to the said Service Agreement and find it to be fair and reasonable and in the best interests of the City; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS: Section 1. That an amendment to the Service Agreement dated February 2, 1967 for the purchase of electric power and energy from Arkansas Power 8c Light Company by the City of West Memphis, Arkansas shall be entered into between the City of West Memphis, Arkansas and Arkansas Power & Light Company, and shall contain substantially the following terms and con- ditions, to-wit: FIRST AMENDMENT TO SERVICE AGREEMENT DATED FEBRUARY 2, 1967 BETWEEN CITY OF WEST MEMPHIS AND ARKANSAS POWER 8c LIGHT COMPANY This Amendment to Service Agreement made this 20}~ day of Juice , 1967 between the City of West Memphis, Arkansas (hereinafter called "City"~ and Arka~ as Power ~ Light Company (hereinafter called "Company"~, W I T N E S SET H: WHEREAS, the City and the Company have heretofore made and entered into a Service Agreement dated February 2, 1067 by which the Company agrees to supply and the City agrees to receive and pay for certain utility service; and WHEREAS, the said Service Agreement specifies two points of delivery of the electric power and energy to be furnished under said Agreement, and further provides that additional - 2 - points of delivery may be agreed upon by amendment to said Service Agreement; and WHEREAS, the West Memphis Utility Commission and the City have determined that it is advisable that a portion of such electric power and energy be furnished at a third point of delivery, and the Company hasagreed to a third point of delivery; NOW, THEREFORE, it is agreed and understood between the parties hereto that paragraph numbered 3 of the aforedescribed Service Agreement shall be and is hereby amended so that it shall hereafter provide as follows: "3. Points of Delivery. City will accept delivery of 13.8 kv, 3 phase, 60 cycle electric power and energy as follows: T~noi-inn City's Polk Avenue and Second Street 13.8 kv Switch Station Near SE Cor. SW u, Section 11, T6 N, R8 E, Crittenden County, at a point adjacent to the present city limits Max. KW Provided Service Date 30,000 Now in Service 10,000 Now in Service SE? NEu Section 8, T ~ N, R g E, Critten- den County 10,000 July 12, 1867 and~or any additional points of delivery mutually agreed upon and specified in an amendment to this agreement and City will provide whatever additions to its electric dis- tribution system which may be required to effectively accept and utilize the delivered electric power and energy." - 3 - This Amendment shall become effective on the date service is initiated at the above-described third point of delivery, or the date on which the Amendment is permitted to become effective by regulatory authorities having jurisdiction, whichever is later. Except as herein amended, all terms and provisions of the Service Agreement dated February 2, 1967, shall remain in full force and effect. This Amendment to Service Agreement executed by and between the City of West Memphis, Arkansas by its Mayor and City Clerk and the Arkansas Power 8c Light Company by its Vice President and Assistant Secretary on the 20th day of July 1967• CITY OF IS, ARKANSAS By : / ~. Mayor ATTE City Clerk ARKANSAS POWER 8c LIGHT COMPANY By: Vice President ATTEST: Assistan Secretary Section 2. The Mayor and City Clerk of the City of West Memphis are hereby authorized, directed and empowered to execute the foregoing Amendment to Service Agreement with - ~- - Arkansas Power 8c Light Company for and on behalf of the City of West Memphis, Arkansas, as set forth in Section 1 hereof, and the Mayor, Clerk, Treasurer and other officers of the City are hereby authorized and directed to take such other actions as they deem necessary to effectuate and carry out said Agreement. Section 3. All ordinances or parts of ordinances in conflict herewith are hereby repealed. Section 4. It has been found, and it is hereby declared, by the City Council of the City of West Memphis, Arkansas, that it is necessary in order to properly operate the municipal elec- tric system and provide adequate service to the inhabitants and businesses in West Memphis that a third point of delivery of electric power and energy from Arkansas Power 8c Light Company be established, and that it is imperative, in the interest of the City and its citizens, that there be no delay in entering into the Amendment to the Service Agrean ent he reinabove set forth. Therefore, an emergency is declared to exist, and this ordinance being necessary for the preservation and advancement of the peace, health and safety, shall take effect and be in full force and effect from and after the date of its approval. ADOPTED ~V ~ a.0 ~ , 1967 • APPROVED• ~> Mayor / ~ , ~N ATTEST: yam---~ ;r-_ ~i ~- ~ ' r City Clerk - 5 -