July (pdf) - New York Power Authority

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July 26, 2011 The following resolution, as submitted by the President and Chief Executive Officer, was unanimously adopted. RESOLVED, That the Trustees authorize the President and Chief Executive Officer, the Chief Operating Officer, the Acting Senior Vice President – Energy Services and Technology or such officer designated by the President and Chief Executive Officer to execute agreements and other documents between the Authority and EME Group, WSP Flack & Kurtz, and Horizon Engineering, such agreements having terms and conditions approved by the executing officer, subject to the approval of the form thereof by the Acting General Counsel, to facilitate the development of the Governmental Customers Energy Services Program (“GCESP”); and be it further RESOLVED, That in accordance with the Guidelines for Procurement Contracts adopted by the Authority and the Authority’s Expenditure Authorization Procedures, that $25 million be allocated from previously approved funding for contracts for EME Group, WSP Flack & Kurtz and Horizon Engineering in the amounts and for the purposes listed below: Commercial Paper Program/ Operating Fund/POCR Ceiling Termination Date 1. EME, WSP Flack and $25 million (aggregate) * 07/31/2014 Kurtz and Horizon AND BE IT FURTHER RESOLVED, That the Authority’s Commercial Paper Notes, Series 1, Series 2 and Series 3 and Operating Fund monies may be used to finance GCESP; and be it further RESOLVED, That the Authority’s Commercial Paper Notes, Series 1, Series 2 and Series 3 and Operating Fund monies may be used to finance GCESP costs; and be it further RESOLVED, That the Acting Senior Vice President – Energy Services and Technology is authorized to determine which projects in the GCESP will be deemed to be energy services projects within the meaning of Section (7) of Part P of Chapter 84 of the Laws of 2002 (the “Section (7) POCR Legislation”) to be funded in part with Petroleum Overcharge Restitution (“POCR”) Funds allocated pursuant to the Section (7) POCR Legislation; and be it further RESOLVED, That POCR funds allocated to the Authority by the Section (7) POCR Legislation may be used to the extent authorized by such legislation, in such amounts as may be deemed necessary or desirable by the Acting Senior Vice President – Energy Services and Technology to finance projects within the GCESP; and be it further RESOLVED, That the Chairman, the Vice Chairman, the President and Chief Executive Officer, the Chief Operating Officer and all other officers of the Authority are, and each of them hereby is, authorized on behalf of the Authority to do any and all things and take A total of $25 million will be allocated to EME, WSP Flack & Kurtz, and Horizon. The allocation will be determined as GCESP project work is assigned. The initial award will be $5 million to each contractor. 42
July 26, 2011 any and all actions and execute and deliver any and all certificates, agreements and other documents to effectuate the foregoing resolution, subject to the approval of the form thereof by the Acting General Counsel. 43
Page 1 and 2: MINUTES OF THE REGULAR MEETING OF T
Page 3 and 4: July 26, 2011 Minutes of the Regula
Page 5 and 6: July 26, 2011 Introduction Chairman
Page 7 and 8: July 26, 2011 a. Approval of the Mi
Page 9 and 10: July 26, 2011 “Following a review
Page 11 and 12: July 26, 2011 3. a. Report of the P
Page 13 and 14: July 26, 2011 b. Report of the Chie
Page 15 and 16: July 26, 2011 4. Proposed Expansion
Page 17 and 18: July 26, 2011 average of 15.1 new j
Page 19 and 20: July 26, 2011 RESOLVED, That the Ch
Page 21 and 22: July 26, 2011 Section I Non-Complia
Page 23 and 24: July 26, 2011 Recommendation: Staff
Page 25 and 26: July 26, 2011 Niagara LaSalle Corpo
Page 27 and 28: July 26, 2011 The Carriage House Co
Page 29 and 30: July 26, 2011 RESOLVED, That the Ch
Page 31 and 32: July 26, 2011 commitments. Thus, cu
Page 33 and 34: July 26, 2011 7. Increase in Hydroe
Page 35 and 36: July 26, 2011 (f) Use of the RSR fo
Page 37 and 38: July 26, 2011 “The proposed actio
Page 39 and 40: July 26, 2011 RESOLVED, That the Se
Page 41 and 42: July 26, 2011 work, is capable of c
Page 43: July 26, 2011 “On May 24, 2011, n
Page 47 and 48: July 26, 2011 “The window replace
Page 49 and 50: July 26, 2011 11. Amended and Resta
Page 51 and 52: July 26, 2011 13. Amendments to the
Page 53 and 54: July 26, 2011 15. Motion to Conduct
Page 55 and 56: July 26, 2011 17. Election of Actin
Page 57 and 58: July 26, 2011 19. Next Meeting The
Page 59 and 60: July 26, 2011 EXHIBITS For July 26,
Page 61 and 62: July 26, 2011- NYPA Trustees’ Mee
Page 63 and 64: July 26, 2011- NYPA Trustees’ Mee
Page 65 and 66: Exhibit “A” Economic Developmen
Page 67 and 68: served by the 51 municipal and coop
Page 69 and 70: Generation revenue in June was $176
Page 71 and 72: In June, NYPA finalized a position
Page 73 and 74: GLOSSARY 1 Net Generation - The ene
Page 75 and 76: as a single regional compliance mar
Page 77 and 78: Report of the Chief Financial Offic
Page 79 and 80: RESULTS OF OPERATIONS Net Income Si
Page 81 and 82: RESULTS OF OPERATIONS 140 120 100 8
Page 83 and 84: RESULTS OF OPERATIONS 180 O&M Expen
Page 85 and 86: CASH AND LIQUIDITY INVESTMENT PORTF
Page 87 and 88: DEBT Unhedged Variable Rate 12% Deb
Page 89 and 90: Exhibit 1: Average August to Decemb
Page 91 and 92: New York Power Authority Financial
Page 93 and 94: New York Power Authority Exhibit "4
Page 95 and 96:
APPLICATION SUMMARY Expansion Power
Page 97 and 98:
July 26, 2011 Exhibit “4-B-1” P
Page 99 and 100:
WHEREAS, the Customer has completed
Page 101 and 102:
R. Replacement Power (or RP) is 445
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the Service Tariff shall govern. In
Page 105 and 106:
X. Transition of Allocation to WNY
Page 107 and 108:
XVII. Waiver A. Any waiver at any t
Page 109 and 110:
SCHEDULE A TO AGREEMENT FOR THE SAL
Page 111 and 112:
United States Department of Labor (
Page 113 and 114:
APPENDIX TO SCHEDULE B Base Employm
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The POWER AUTHORITY OF THE STATE OF
Page 117 and 118:
D. Electric Service is the Firm Pow
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C. The Contract Demand for the Cust
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Charges associated with the Allocat
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B. Except where otherwise herein sp
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AGREED: TRY-IT DISTRIBUTING CO., IN
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SCHEDULE B TO AGREEMENT FOR THE SAL
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eduction of the Contract Demand to
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July 26, 2011 Exhibit “5-A-1” C
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Page 137 and 138:
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July 26, 2011 Exhibit “A-2” Com
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New York Power Authority Preliminar
Page 155 and 156:
New York Power Authority 2011 Preli
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Discussion The attached preliminary
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Added to the O&M for ratemaking pur
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The capital costs (both debt- and e
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2012 to 2014 costs, respectively. T
Page 165 and 166:
The proposed demand and energy rate
Page 167 and 168:
NEW YORK POWER AUTHORITY HYDROELECT
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Table 1 EMBEDDED COSTS FOR ANCILLAR
Page 171 and 172:
Table 3 EMBEDDED COSTS FOR BLACK ST
Page 173 and 174:
Table 5 EMBEDDED COSTS FOR OPERATIN
Page 175 and 176:
TABLE OF CONTENTS Page ARTICLE I DE
Page 177 and 178:
“Commercial Paper Rate Mode” me
Page 179 and 180:
“Term Rate Mode” means the mode
Page 181 and 182:
Chairman, President and Chief Execu
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Beneficial Owners to receive paymen
Page 185 and 186:
(l) any other provisions deemed adv
Page 187 and 188:
306. Delivery of Bonds. Except as o
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(a) The General Resolution has not
Page 191 and 192:
APPENDIX A [FORM OF BONDS] No. 2011
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To the extent and in the manner per
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IN WITNESS WHEREOF, POWER AUTHORITY
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FORM OF ASSIGNMENT ASSIGNMENT FOR V
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POWER AUTHORITY OF THE STATE OF NEW
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Implementation of any refunding wil
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under the Securities Exchange Act o
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executing officer deems in his or h
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EXHIBITS Exhibit 1: Amended and Res
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$___,___,000 Series 2011 A Bonds SE
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[This page intentionally left blank
Page 213 and 214:
Rate Covenant......................
Page 215 and 216:
Registration of the 2011 Bonds.....
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through purchased power (see ‘‘
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Trust Estate The Trust Estate consi
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and such pledge shall be subordinat
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Optional Redemption The 2011 Bonds
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casualty and life insurance compani
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“OID” is the excess of (i) the
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The specific nature of the informat
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3. The 2011 Bonds have been duly an
Page 239 and 240:
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4. To facilitate subsequent transfe
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circumstances, compliance with this
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year in which the change is made sh
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(vii) modifications to rights of Bo
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IN WITNESS WHEREOF, the parties hav
Page 253 and 254:
APPENDIX D LITIGATION Land Claims (
Page 255 and 256:
the costs of such pending claims, o
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PART 2 of the OFFICIAL STATEMENT of
Page 259 and 260:
TABLE OF CONTENTS FOR PART 2 THE AU
Page 261 and 262:
PART 2 of the OFFICIAL STATEMENT of
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CERTAIN FINANCIAL AND OPERATING MAT
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500-MW Plant and Cessation of Opera
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enefits from cash from operations.
Page 269 and 270:
The Authority may issue additional
Page 271 and 272:
Enterprise Risk management program,
Page 273 and 274:
needs at any point in time. Unless
Page 275 and 276:
NYISO Capacity Requirements Matters
Page 277 and 278:
equirements of certain municipal el
Page 279 and 280:
(a) Industrial Power Programs The 2
Page 281 and 282:
withdrawn by the Authority on Augus
Page 283 and 284:
improved energy efficiency and clea
Page 285 and 286:
development purposes within St. Law
Page 287 and 288:
approved to receive Awards, with to
Page 289 and 290:
transmission facilities tariff on f
Page 291 and 292:
THE AUTHORITY’S FACILITIES Genera
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eservoir, and power transformation
Page 295 and 296:
(6) Out-of-State Power Allocations
Page 297 and 298:
SCPPs To meet potential capacity de
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east from the St. Lawrence Project
Page 301 and 302:
to predict whether any such bills o
Page 303 and 304:
esponsibility for purchasing energy
Page 305 and 306:
Commission in the coming months.[up
Page 307 and 308:
could potentially result in signifi
Page 309 and 310:
discussion does not purport to be c
Page 311 and 312:
Page 313 and 314:
whether negotiable or non-negotiabl
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Operating Expenses means the Author
Page 317 and 318:
Qualified Swap. Rating Agency means
Page 319 and 320:
eimbursement are equal to the amort
Page 321 and 322:
Capital Fund The General Resolution
Page 323 and 324:
(General Resolution, Secs. 801, 802
Page 325 and 326:
APPENDIX 2 BACKGROUNDS OF THE AUTHO
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Eugene L. Nicandri, Trustee Judge E
Page 329 and 330:
Francine Evans, Executive Vice Pres
Page 331 and 332:
Jordan Brandeis, Senior Vice Presid
Page 333 and 334:
Exhibit “12-A” July 26, 2011 GO
Page 335 and 336:
c. Advise the Board of Trustees on
Page 337 and 338:
GOVERNANCE COMMITTEE CHARTER Exhibi
Page 339 and 340:
d. Periodically review and as neces
Page 341 and 342:
Exhibit “13-A” Editing Note: Th
Page 343 and 344:
ARTICLE VII - FISCAL MANAGEMENT 7 S
Page 345 and 346:
Section 2. Annual Meeting The annua
Page 347 and 348:
as he or she may deem necessary in
Page 349 and 350:
are carried out for and reported to
Page 351 and 352:
and shall report on and make recomm
Page 353 and 354:
Section 4. Capital Expenditure Plan
Page 355 and 356:
Exhibit “13-B" July 26, 2011 BY-L
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ARTICLE VII - FISCAL MANAGEMENT 9 S
Page 359 and 360:
Section 2. Annual Meeting The annua
Page 361 and 362:
the general supervision of the busi
Page 363 and 364:
policies of the Authority, supervis
Page 365 and 366:
members of the Board of Trustees. A
Page 367 and 368:
Section 5. Expenditure Authorizatio
Page 369 and 370:
DATE: 07/26/2011 REVISION: 0 POWER
Page 371:
DATE: 07/26/2011 REVISION: 0 POWER
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July (pdf) - New York Power Authority

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