AMENDMENT NO. 1 TO POWER SALES CONTRACT BETWEEN PUBLIC UTILITY DISTRICT NO. 1 OF CHELAN COUNTY, WASHINGTON AND PUGET SOUND POWER AND LIGHT COMPANY
Exhibit
10.1
AMENDMENT
NO. 1
TO
BETWEEN
PUBLIC
UTILITY DISTRICT NO. 1 OF CHELAN COUNTY, WASHINGTON
AND
PUGET
SOUND POWER AND LIGHT COMPANY
This
Contract Amendment, made and entered into as of the 4th day of
October, 1961, by and between Public Utility District No. 1 of Chelan County,
Washington (hereinafter called the "District"), a municipal corporation
organized and existing under the laws of the State of Washington, and Puget
Sound Power and Light Company (hereinafter called the "Purchaser"), a private
corporation organized and existing under the laws of the State of Washington
(formerly a Massachusetts corporation).
W I T N E S S E T H :
WHEREAS,
the parties hereto entered into a Power Sales Contract dated as of November 14,
1957, which contract is in full force and effect, providing, inter alia, for the
sale of power and energy from the District's Rocky Reach Hydroelectric Project
(Federal Power Commission Licensed Project No. 2145), now under construction and
hereinafter referred to as the "Project"; and
WHEREAS,
as an integral part of the Project, the District has constructed a 230 KV
transmission line to connect the generating station of the Project with the
transmission facilities of Bonneville Power Administration (hereinafter referred
to as "Bonneville") at Bonneville's Columbia Substation, which transmission line
establishes an additional point of interconnection between the transmission
facilities of the Project and the transmission facilities of Bonneville;
and
WHEREAS,
the parties hereto desire to amend said Power Sales Contract to provide for
additional points of delivery of power and energy from the Project to the
Purchaser under said Power Sales Contract from the 230 KV transmission
facilities of the Project and to agree upon other matters made necessary as a
result of the construction of said transmission line.
NOW,
THEREFORE, for and in consideration of the premises and of the covenants and
undertakings of the parties hereinafter set forth, and subject to the provisions
of the District's Bond Resolutions No. 1412 and No. 1860, and to the provisions
of the Federal Power Commission License No. 2145, the parties hereto covenant
and agree that said Power Sales Contract be and the same hereby is amended by
deleting the whole of Section 12 thereof and substituting in lieu thereof a new
Section 12 to read as follows:
"Section
12. Points of
Delivery. The power and energy to be made available to the
Purchaser by the District hereunder shall be delivered at 230 KV and at the
purchaser's request delivered at (a) the Project switchyard at the point or
points of termination of any non-Project transmission lines and/or (b) any point
where the 230 KV transmission facilities of the Project connect with non-Project
facilities and/or (c) other points of delivery as may be agreed upon from time
to time; provided, however, that except as provided in the next succeeding
paragraph of this Section 12 the power and energy to be delivered to the
Purchaser at all points of delivery specified in (b) above shall not exceed the
capacity of Project transmission facilities between the Project switchyard and
all said points of delivery multiplied by the Purchaser's Allotment; the amount
so determined being hereinafter referred to as 'Purchaser's Share of
Transmission Capacity.'
"Each
Purchaser of power and energy from the Project shall have the right, without
additional charge by the District, to use or assign to another such Purchaser
its Purchaser's Share of Transmission Capacity to transmit Project and/or
non-Project power and energy. During any time transmission capacity
is not used or assigned by a Purchaser entitled to the same or any transmission
capacity is made available by opposed power flow, such capacity shall be divided
among Purchasers desiring the same in proportion to their Purchaser's
Allotments."
IN
WITNESS WHEREOF, the parties hereto have hereunto set their hands and seals as
of the day and year first above written.
|
PUBLIC
UTILITY DISTRICT NO. 1 OF CHELAN COUNTY, WASHINGTON
By /s/ ▇▇▇▇ ▇.
▇▇▇▇▇▇▇
|
|
|
President
|
|
|
(SEAL)
|
|
|
ATTEST:
|
|
|
/s/
▇. ▇.
▇▇▇▇▇▇▇▇▇▇
Secretary
|
|
|
PUGET
SOUND POWER AND LIGHT COMPANY
By /s/ ▇. ▇.
▇▇▇▇▇▇
Vice President
|
|
|
(SEAL)
|
|
|
ATTEST:
|
|
|
/s/ ▇▇▇▇▇ ▇.
▇▇▇▇▇
Secretary
|