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1243RESOLUTION NO. I,Z ~{ 3 ~? A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS, ARKANSAS AUTHORIZING AND DIRECTING THE EXECUTION OF SECOND AMENDMENT TO AGREEMENT FOR ELECTRIC PEAKING POWER SERVICE BETWEEN ARKANSAS POWER AND LIGHT COMPANY AND THE CITY OF WEST MEMPHIS, ARKANSAS; AND FOR OTHER PURPOSES WHEREAS, by withdrawing from certain litigation at the Federal Energy Regulatory Commission, the City of West Memphis, Arkansas (West Memphis) has been offered a Second Amendment to Peak Power Agreement by Arkansas Power and Light Company (AP&L); and, WHEREAS, West Memphis is desirous of amending the First Amendment to Agreement for Electric Peaking Power Service between AP&L and West Memphis dated December 18, 1986; and, WHEREAS, such Second Amendment to Peaking Power Agreement will extend the term of Agreement for Peaking Power Service, and provide more favorable terms for electric service by fixing peak power charges and methods of charge therof. NOW, THEREFORE BE IT RESOLVED, by the City Council of West Memphis: Section 1. The Manor, or i.z~i his absence, the Vice- Manor, and the Cite C_lerl~ are hereby directed to execute said Second Amendment. to Peaking Power Agreement by and between AP&L and West Memphis in a form substantiallS~ similar to that presented and attached hereto. 5ection_2._ `T'his Resolution shall be in full force and effect from and after i.ts passage and approval. PASSED: API FEBRUARY_ 21 L__1991______ - -- _ Mai A`I'r CITY CL RK 4