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City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2023
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081523 SPECIAL
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8/9/2023 1:51:10 PM
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8/9/2023 1:51:03 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
8/15/2023
DESTRUCT DATE
15Y
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all of which will be consistent with Pleasanton's Procurement Forecast. Pleasanton will give notice to <br /> ABAG POWER within such period whether it accepts the Transaction Confirmation if it is a bilateral <br /> transaction or desires to participate in an ABAG POWER facilitated Transaction Confirmation. ABAG <br /> POWER will propose participation in a particular transaction opportunity based on the Participants that <br /> best fit the opportunity in its reasonable judgment and no Participant will have the right to participate in <br /> an opportunity without ABAG POWER's consent. Although Pleasanton will have the right of final <br /> approval with respect to each Transaction Confirmation, Pleasanton acknowledges that ABAG POWER <br /> will be relying on the Procurement Forecast to negotiate and arrange transactions and that if Pleasanton is <br /> consistently unwilling to enter into a Transaction Confirmation that meets the criteria set forth in the <br /> Procurement Forecast, ABAG POWER reserves the right to termination Pleasanton's participation in the <br /> RNG Program. <br /> 4.3 From time to time, ABAG POWER may present Pleasanton with procurement <br /> opportunities that have terms outside of the Procurement Forecast, including participation in long term <br /> generation projects for RNG. The participation of Pleasanton in such projects will be on a voluntary basis <br /> upon mutually acceptable terms between ABAG POWER, Pleasanton, other Participants and the RNG <br /> provider. <br /> 4.4 Once a Transaction Confirmation has been executed by Pleasanton (either with <br /> ABAG POWER or directly with a provider), Pleasanton agrees to comply with its obligations under such <br /> Transaction Confirmation, including all payment obligations, whether or not Pleasanton remains as a <br /> Participant in the RNG Program. In no event will ABAG POWER be responsible for complying with any <br /> obligation of Pleasanton under a Transaction Confirmation. <br /> 4.5 Pleasanton will have the right to enter into its own negotiations and transactions for <br /> RNG and/or Compliance Credits, provided that such transactions will be in addition to the volumes that <br /> Pleasanton has submitted pursuant to any then current Procurement Forecast. <br /> 5. Agency Relationship. Pleasanton authorizes ABAG POWER to act as its agent for the <br /> RNG Program and does hereby constitute and appoint an authorized officer or agent of ABAG POWER <br /> to act on its behalf as its lawful agent for the implementation of the RNG Program and the negotiation of <br /> Transaction Confirmations, subject to the final approval and execution of Transaction Confirmation <br /> pursuant to Section 4.2. This authorization shall include the right to do and perform all acts contemplated <br /> in this Agreement, including, but not limited to: <br /> 5.1 Aggregating the supplies of RNG and/or Compliance Credits of Pleasanton with <br /> those of other Participants pursuant to the terms and conditions of the RNG Program and the Transaction <br /> Confirmations to which Pleasanton is a party; <br /> 5.2 Making all filings necessary to ensure that Pleasanton is allocated RNG and/or <br /> Compliance Credits in accordance with the SB 1383 compliance requirements or other regulatory <br /> compliance programs; <br /> ABAG POWER <br /> Renewable Natural Gas Program Member Agreement <br /> Page 5 of 12 <br />
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