Title
Consider adoption of a non-binding Resolution of Intent to allow the County of Monterey's continued participation in the formation of a proposed Monterey Bay Community Power Joint Powers Authority; and, consider providing staff direction to modify the Resolution of Intent to include provision for weighted voting for specified matters.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Adopt a non-binding Resolution of Intent (Attachment D) to allow the County of Monterey's continued participation in the formation of a proposed Monterey Bay Community Power Joint Powers Authority; and
b. Consider providing staff direction to modify the Resolution of Intent to include provision for weighted voting for specified matters.
SUMMARY:
Monterey Bay Community Power (MBCP) is a proposed regional Community Choice Energy (CCE) initiative for local jurisdictions to form a Joint Powers Authority (JPA) to purchase electric energy on behalf of customers. The MBCP proposal includes the Counties of Monterey, Santa Cruz, and San Benito, and the 18 cities within their boundaries. These entities, in partnership with Monterey Bay Unified Air Pollution Control District, Salinas Valley Solid Waste Authority, and Monterey Regional Waste Management District are investigating the potential viability of the proposal.
MBCP project staff have drafted a non-binding resolution of intent to determine local agency interest in the project. The Resolution of Intent outlines the proposed governance structure and anticipated finance provisions for the formation of a Joint Powers Authority (JPA) for the project. In order to continue more specific negotiations on formation of the JPA, MBCP has requested that all interested jurisdictions place a resolution of intent on their respective governing board agendas for consideration.
As directed by the Board of Supervisors' Alternative Energy and Environment Committee, Staff has begun the process of conducting a survey ...
Click here for full text