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HomeMy WebLinkAbout20180913Supplement Amendment No. 4.pdfl)'ivtsta Avista Corp. 141 I East Mission P.O.Box3727 Spokane. Washington 99220-0500 Telephone 509-489-0500 Toll Free 800-727-9170 September 12,2078 Diane Hanian, Commission Secretary Idaho Public Utilities Commission W . 472 Washington Street Boise, Idaho 83720 Supplement to Amendment No. 4 to City of Cove Power Purchase Agreernent IPUC Case No. AW-E-I8-05 Dear Ms. Hanian: Attached for filing with the Commission is an electronic copy of Avista Corporation, doing business as Avista Utilities ("Avista" or "Company"), Amendment No. 4 to the power purchase agreement ("PPA") with the City of Cove, Oregon ("City"). Amendment No. 4 deletes and replaces Exhibit H to the PPA in its entirety. An original and seven (7) are being provided via overnight mail. Please direct questions on this matter to Michael Andrea at (509) 495-2564 or myself at (509) 495-4975. Sincerely, / t/ L h,td^q, M. G e.rttw[* Senior Manager of Regulatory Policy Avista Utilities linda. gervais@avistacom.com 509-495-4975 :-: r-r -i <- .t- -_* e3*-i-, C.D =.::: rr rr. ria- -tf lil{,..-,r;;:: c)L.{1-. (J) ltrt)r Ii*=: D :#+' - lrr=*t_ (3u>() q? CN 4-()@Z Re: 9/I t/l8 AMIINDMENT NO. 4 This AMENDMENTNO. 4 ("Amendment 4") to the Power Purchase Agreement ("Agreement") between Avista Corporation ("Avista") and the City of Cove, Oregon ("City"), is entsred into by tho Parties and this Amendment shall be effective on September 12,2018, or such other date as set by the Commission, RECTTALS WI-IEREAS, the Pafiies entered into the Agreement, under which the City is to deliver and sell, and Avista will purchase, electric eflergy generated from Seiler's Facility; and WLIEREAS, it has come to the Partie.s attention that cerlain terms of the Agreement are incorrect and need to be coffected: NOW THEREFORE, it is agreed as fcllows: AGREEMENT TO AMTND l, Exhibit H to the Agreement is deleted in its entirety and is replaced by the Exhibil H that is attached hereto as Attachment l, 2. Except as expressly amended by the provisions set forth in this Amendment 4, all of the terms and conditions of the Ageement shall remain in full force and effect following execution of this Amendment 4 and each Party confirms, ratifies and approves the Agreement as amended by this Amendment 4. All capitalized terms used herein and not otherwise defined shall have the respective meanings given to such tetms in the Agreement. For the avoidance of doubt, this Amendment 4 is hereby incorporated in tire Agreement and, as of the effective date of this Arnendment 4, allreferences to the Agreement shall be deemed to be references to the Agreement as amendecl. 3. 'fhis Arnendment 4 may be executed in two (2) or more counterparts, each of which shall be deemed as an odginal and together shall constitute one and the same document. IN WITNESS WltERfl0tr', the Parties have caused this Amendment 4 to be executed by tlieir duly authorized representatives a.s of the date first set lbrth above. CITY OF CO\TE, OREGON AVISTA CORPORATION By:By:o* Printed ritle: /tA.r-; O,.f Yt)0 AMENDMHNTNO. 4 TO POWER PURCHASE AGREEMEN'I' BETWEEN AVISTA CORPORATION AND THE CITY OF COVE, OREGON Y printed Name: *hf i s\a pt e. I}nke litie: Whp\e ;1lt l.Aartcs{ruq hAhAlJr trxhitiit il - [:stimatcd Sccuritl' Deposit by l'car See attached spreadshcct 48.11 Ariturl A{turl Cumulatiw Gereratior:er,u{atior Le!€lired Lrvelir€d Iotal ion't.evelireilon-Lswlire(lofl-Levelire^lon-l-evelhcr,lon-L€velire( Total Curnulgtive €xteis lridton 1 Teison 2 Season 1 Season I Ltveli:ed Avoided CoJl Season I Paynenl Searon 2 Prymett ,lon-Levellret Excess fxcot, Payment Mwh tu]wh S/MWh S./Mwh Prvment SIMWh $/Mwh Seajon l SlMwh 5€a5on ? Pavmnnt Pavmeo! 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'l'' ; Isflt Itrh Ported Erch 510,000 ,50.000 $85,0@ 595,ooo 560,000 t?0,000 s0 5o