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HomeMy WebLinkAboutCC AG PKT 2009-12-14 #OIli 1 [ 11 1! �il 1 192M - 14:161=1i DATE: December 14, 2009 TO: Honorable Mayor and City Council THRU: David Carmany, City Manager FROM: Vince Mastrosimone, Director of Public Works SUBJECT: RESOLUTION OF THE SEAL BEACH CITY COUNCIL DIRECTING THE CITY MANAGER TO TAKE ALL NECESSARY STEPS TO ADD THE CITY OF SEAL BEACH TO THE LIST OF PARTICIPATING RETAIL AGENCIES IN A MEMORANDUM OF UNDERSTANDING BETWEEN POSEIDON RESOURCES (SURFSIDE) LLC THE MUNICIPAL WATER DISTRICT OF ORANGE COUNTY, AND PARTICIPATING RETAIL AGENCIES SUMMARY OF REQUEST: The City Council is asked to adopt Resolution No. 5952 directing the City Manager to take all necessary steps to add the City to the list of Participating Retail Agencies in a memorandum of understanding between Poseidon resources (surfside) LLC the Municipal Water District of Orange County and Participating Retail Agencies BACKGROUND: Staff has been working with Municipal Water District of Orange County ( MWDOC) and several other Orange County water agencies on the purchase of desalinated water from Poseidon produced from their proposed project in Huntington Beach. In May of 2008, MWDOC and 10 other Participating Retail Agencies executed a Memorandum of Understanding with Poseidon to define how they will interact with each other and with outside parties in connection discussion and negotiation of a long -term water purchase agreement through which some or all of them may purchase water from Poseidon. The current list of Participating Retail Agencies include: ® City of Anaheim Public Utilities Department Agenda Item 0 Page 2 • El Toro Water District • Irvine Ranch Water District • Laguna Beach County Water District • Mesa Consolidated Water District • Moulton Niguel Water District • City of Santa Ana Public Works Agency • Santa Margarita Water District • Trabuco Canyon Water District The MOU does not obligate any party to the MOU to enter into a water purchase agreement with any other party to the MOU and does not provide Poseidon or the other agencies with exclusive negotiating rights or obligations. The MOU provides: • All Participating Retail Agencies will receive the same information from Poseidon o Poseidon agrees not to negotiate with any elected officials 0 Subject to the Public Records Act, preliminary deal points nor details of negotiations between the parties shall be released to the media or any other persons Poseidon agrees to reimburse the Participating Retail Agencies for certain third party due diligence costs Poseidon agrees to offer the Participating Retail Agencies no less favorable terms and conditions than any additional water arrangement entered into at any time Poseidon has approached the City of Seal Beach with the possibility of the City joining the list of Participating Retail Agencies under the MOU. Becoming a Participating Retail Agency would not obligate the City to purchase water in the future, but it would allow the City to access important information needed to explore the feasibility of purchasing desalinated water in the future. To become a Participating Retail Agency, the City Staff would have to execute several documents, including a confidentiality agreement with Poseidon. FINANCIAL IMPACT: There is no direct fiscal impact. RECOMMENDATION: It is respectfully requested that the City Council adopt Resolution No. 5952 directing the City Manager, or his designee, to take all necessary steps to add the City to the list of Participating Retail Agencies in the MOU. Page 3 SUBMITTED BY: NOTED AND APPROVED: U °�7D Vince Mewosimone David Carmany Director of Public Works City Manager Attachments: A. Resolution No. 5952 B. Memorandum of Understanding C. Draft First Amendment to the MOU RESOLUTION NUMBER 5952 RESOLUTION OF THE SEAL BEACH CITY COUNCIL DIRECTING THE CITY MANAGER TO TAKE ALL NECESSARY STEPS TO ADD THE CITY OF SEAL BEACH TO THE LIST OF PARTICIPATING RETAIL AGENCIES IN A MEMORANDUM OF UNDERSTANDING BETWEEN POSEIDON RESOURCES (SURFSIDE) LLC THE MUNICIPAL WATER DISTRICT OF ORANGE COUNTY, AND PARTICIPATING RETAIL AGENCIES WHEREAS, there exists a Memorandum of Understanding ( "Memorandum of Understanding ") between Poseidon Resources (Surfside) LLC ( "Poseidon "), the Municipal Water District of Orange County and 10 other Participating Retail Agencies regarding the discussion and negotiation of long -term purchases of desalinated water from Poseidon; THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES HEREBY RESOLVE: Section 1. The Council hereby authorizes and directs the City Manager or his designee to do any and all things, and to take any and all actions, and execute and deliver any and all documents that he or his designee deems necessary or advisable in order to add the City of Seal Beach to the list of Participating Retail Agencies in the Memorandum of Understanding and to give effect to or comply with the terms and intent of the Memorandum of Understanding. PASSED, APPROVED AND ADOPTED by the City Council of Seal Beach, at a meeting hereof held on the 14th day of December , 2009 by the following vote: AYES: Council Members NOES: Council Members ABSENT: Council Members ABSTAIN: Council Members Mayor ATTEST: City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } SS CITY OF SEAL BEACH } I, Linda Devine, City Clerk of Seal Beach, California, do hereby certify that the foregoing resolution is the original copy of Resolution Number 5952 on file in the office of the City Clerk, passed, approved, and adopted by the City Council of the City of Seal Beach, at a regular meeting thereof held on the 14th day of December , 2009. City Clerk First Amendment to Memorandum of Understanding THIS FIRST AMENDMENT ( "First Amendment ") TO THE MEMORANDUM OF UNDERSTANDING dated May 22, 2008 ( "MOU ") is made by and between all the original signatories to the MOU, to wit, Poseidon Resources (Surfside) LLC and its affiliates (collectively, "Poseidon "), the City of Anaheim Public Utilities Department, El Toro Water District, Irvine Ranch Water District, Laguna Beach County Water District, Mesa Consolidated Water District, Moulton Niguel Water District, City of Santa Ana Public Works Agency, Santa Margarita Water District, South Coast Water District, Trabuco Canyon Water District (collectively "MOU Retail Agencies "), and the Municipal Water District of Orange County ( "MWDOC "). WHEREAS, Poseidon, the MOU Retail Agencies and MWDOC previously executed the MOU to define how they will interact with each other and with outside parties in connection with discussion and negotiation of a long -term water purchase agreement or multiple long -term water purchase agreements through which some or all of them may purchase water from Poseidon's Huntington Beach Desalination Project ( "Project "); and WHEREAS, numerous other public and private water retailers have developed an interest in joining these discussions and negotiations with Poseidon on an equal basis with the MOU Retail Agencies; and WHEREAS, the MOU (1) does not obligate any party to the MOU to enter into a water purchase agreement with any other party to the MOU, and (2) does not provide Poseidon, the MOU Retail Agencies or MWDOC with exclusive negotiating rights or obligations; and WHEREAS, currently the interests of all parties to the MOU appear to be served by expanding the number of MOU Retail Agencies under the MOU, which will expand the potential market for Project water, increase efficiency in the dissemination and analysis of Project information by and among Orange County water retailers, and spread certain fixed costs of the negotiation process among a greater number of potential participants; and WHEREAS, in the interest of avoiding the cost, delay and inefficiency of repeated written amendments signed by all parties, as currently required by Section XI(b) of the MOU, the undersigned wish to amend the MOU to allow additional potential water purchasers to join the MOU by a simple amendment approved and executed only by Poseidon and the potential water purchaser, with notice to all other parties and subject to objection by any party within 30 days; NOW, THEREFORE, in consideration of the foregoing recitals and the terms, covenants and conditions contained herein, Poseidon, the MOU Retail Agencies, and MWDOC agree as follows: FIRST AMENDMENT TO POSEIDON MOU Page 1 I . The introductory paragraph of the MOU is hereby amended as follows, with all new text underscored: Poseidon Resources (Surfside), LLC and its affiliates (collectively "Poseidon "), the Participating Retail Agencies, and MWDOC (each hereinafter referred to as a "Party" and collectively the "Parties ") desire to enter into this Memorandum of Understanding (the "MOU ") to define how the Parties will interact with each other and with outside parties in connection with discussion and negotiation of a long -term water purchase agreement or multiple long -term water purchase agreements. ( "WPA" and "WPAs" respectively) through which some or all of the Participating Retail Agencies may purchase water from Poseidon's Huntington Beach Desalination Project ( "Project "). Other potential purchasers of Project water may join the list of Participating Retail Agencies at any time with full rights and obligations under the MOU, without written approval of other Participating Retail Agencies or MWDOC, by executing an "Amendment to List of Participating Retail Agencies" in the form attached hereto as Exhibit A and giving written notice to all Parties. This right is subject to objection by any existing Participating Retail Agency as provided herein, 2. Section I of the MOU is hereby amended as follows, with all new text underscored: I. Term aa) The term of this MOU (the "Term ") begins on the date the MOU is executed by the Parties and terminates on June 30, 2011, unless otherwise terminated pursuant to the terms herein or extended by mutual written agreement of the Parties. b) The Term for any new Participating Retail Agency Joining this MOU by execution of an Amendment (see Exhibit A) shall commence 30 days after the last date written notice of the Amendment is received by any existing Participating Retail Agency. Within the 30 -day period following receipt of such written notice of the Amendment, any existing Participating Retail Agency may deliver a written Notice of Objection to the Amendment to MWDOC, which shall forward it to all Participating Retail Agencies and the agency submitting the Amendment. The Notice of Objection shall state a reason for the objection, and upon receipt by MWDOC it shall immediately render the Amendment null and void. For purposes of this section, written notice of the Amendment and of any Objection must be made through an overnight delivery service. FIRST AMENDMENT TO POSEIDON MOU Page 2 Section X of the MOU is hereby amended as follows, with all new text underscored: Nothing in this MOU establishes or implies an exclusive arrangement between Poseidon and the Parties, or any of them. This MOU does not prohibit any Party from reviewing, participating in or developing other potential water supply projects, nor does it prohibit Poseidon from discussing and negotiating with other potential purchasers of water from the Project in addition to Participating Retail Agencies and MWDOC. Poseidon shall provide a copy of the MOU to other such potential purchasers of water from the Project and notify, them in writing that they may become a signatory to the MOU subject to the right of each then existing Participating Retail Agency to object as provided herein Prior to entering into any binding arrangements or WPA with such parties ( "Additional Water Arrangements "), Poseidon will notify the Participating Retail Agencies and MWDOC of the terms and conditions of such Additional Water Arrangement and the identities of such potential purchasers of water from the Project. Poseidon agrees to offer the Participating Retail Agencies no less favorable terms and conditions than any Additional Water Arrangement entered into at any time. It is mutually understood by the Parties that this provision excludes up to 3,360 acre feet per year of water sold to the City of Huntington Beach as agreed to in the City of Huntington Beach entitlement process in 2006. 4. Section XI(b) of the MOU is hereby amended as follows, with all new text underscored: b) This MOU shall be governed by the laws of the State of California, United States of America, and may only be amended in a writing signed by all Parties except as expressly provided in this MOU, as amended Any legal action filed to enforce this MOU shall be brought in state or federal court, as appropriate, in the State of California. 5. Upon full execution of an "Amendment to List of Participating Retail Agencies," notice to all Parties, and expiration of all rights to object to the Amendment, Poseidon shall provide all new Participating Retail Agencies with copies of any and all materials previously distributed to the Participating Retail Agencies under Section IV of the MOU, "Uniform Disclosure of Project Information." 6. Each party to this First Amendment represents and warrants that (a) it is an entity duly organized, validly existing and in good standing under the laws of the jurisdiction in which it is organized and is qualified to do business in all jurisdictions where it is required to be qualified; (b) it has the necessary power and authority to enter into and perform its obligations under this First Amendment and the MOU, as FIRST AMENDMENT TO POSEIDON MOU Page 3 amended; (c) the person(s) signing this First Amendment is duly authorized to execute this First Amendment on behalf of the party represented; (d) upon execution, this First Amendment and the MOU, as amended, will be enforceable against each party in accordance with its terms, except as such enforceability may be inconsistent with applicable laws concerning bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting creditors rights generally; and (e) the execution and delivery of this First Amendment and performance by the executing party under this First Amendment and the MOU, as amended, is not known to conflict with any agreement, law, rule, regulation, order, judicial decree or administrative code to which such party is subject. ACKNOWLEDGED AND AGREED: Poseidon Resources (Surfside) LLC By: Name: Title: City of Anaheim Public Utilities. By: Name: Title: Laguna Beach County Water Authority By: Name: Title: Mesa Consolidated Water District By: Name: Title: El Toro Water District By: Name: Title: Irvine Ranch Water District By: Name: Title: Moulton Niguel Water District By: Name: Title: FIRST AMENDMENT TO POSEIDON MOU Page 4 Santa Margarita Water District By: Name: Title: Trabuco Canyon Water District By: Name: Title: Municipal Water District of Orange County By: Name: Title: South Coast Water District By: Name: Title: City of Santa Ana Public Works Agency By: Name: Title: FIRST AMENDMENT TO POSEIDON MOU Page 5 EXHIBIT A AMENDMENT TO LIST OF PARTICIPATING RETAIL AGENCIES THIS AMENDMENT TO THE LIST OF "PARTICIPATING RETAIL AGENCIES" DEFINED IN THE MEMORANDUM OF UNDERSTANDING DATED May 22, 2008 ( "MOU "), AS AMENDED, is made by and between Poseidon Resources (Surfside) LLC and its affiliates (collectively, "Poseidon ") and 1. Pursuant to the First Amendment to the MOU, executed by all original Parties to the MOU, [Name I is hereby added as a full "Participating Retail Agency" under the MOU, as amended. No express approval or authorization by the governing boards of the previously existing Participating Retail Agencies is required. 2. [Name ] shall be responsible for sending written notice and a photocopy of this Amendment to all previously existing Participating Retail Agencies within 10 days of the date of final execution of this Amendment. [Name _ ] shall request an updated list of Participating Retail Agencies from the Municipal Water District of Orange County. 3. [Name ] understands and agrees that within 30 days of receipt of such written notice, any of the existing Participating Retail Agencies may assert an objection to this Amendment pursuant to the terms of the MOU, and that upon timely objection this Amendment shall be null and void. 4. Each party to this Amendment represents and warrants that (a) it is an entity duly organized, validly existing and in good standing under the laws of the jurisdiction in which it is organized and is qualified to do business in all jurisdictions where it is required to be qualified; (b) it has the necessary power and authority to enter into and perform its obligations under this Amendment and the MOU, as amended; (c) the person(s) signing this Amendment is duly authorized to execute this Amendment on behalf of the party represented; (d) upon execution, this Amendment and the MOU, as amended, will be enforceable against each party in accordance with its terms, except as such enforceability may be inconsistent with applicable laws concerning bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting creditors rights generally; and (e) the execution and delivery of this Amendment and performance by the executing party under the MOU, as amended, is not known to conflict with any agreement, law, rule, regulation, order, judicial decree or administrative code to which such party is subj ect. FIRST AMENDMENT TO POSEIDON MOU Page 6 ACKNOWLEDGED AND AGREED: Poseidon Resources (Surfside) LLC [RETAIL AGENCY] By: By: Name: Name: Title: Title: FIRST AMENDMENT TO POSEIDON MOU Page 7