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File #: 130642.    Version: Name: Power Purchase Agreement: Equitable adjustment for change in law
Type: Discussion Item Status: In Committee
File created: 1/14/2014 In control: Audit and Finance Committee
On agenda: 11/17/2015 Final action: 11/17/2016
Title: City Attorney Memorandum re: Equitable Adjustment for Change of Law of the Power Purchase Agreement (B)
Attachments: 1. 130642A Equitable Adjustment for Change of Law of PPA 20151117.pdf, 2. 130642B GREC LLC Dispute - Equitable Adjustment Analysis (Outside Attorney) 20151117.pdf

Title

City Attorney Memorandum re: Equitable Adjustment for Change of Law of the Power Purchase Agreement (B)

 

Explanation

This item was referred by the City Commission on January 16, 2014 to the Audit and Finance Committee to be taken up as part of the pending December 5, 2013 referral concerning an audit of GRU.  The scheduling of this item was briefly reviewed at the Audit and Finance Committee meetings of July 29, 2015 and September 15, 2015.  The Committee would like to have the Equitable Adjustment and the recommendations from the City Attorney's Memo readdressed at the next Audit and Finance Committee meeting.

 

Recommendation:

The Audit and Finance Committee review the status of the referral and take appropriate action.

 

 




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