Laserfiche WebLink
File Number: 16-590 <br />·Board of Directors. The EBCE Board of Directors would consist of a representative from <br />each member agency and an alternate director from each member agency, both of whom <br />must be members of the City Council or Board of Supervisors. <br />·Community Advisory Committee (CAC). The Agreement establishes a Community <br />Advisory Committee consisting of nine members to advise the Authority Board of Directors <br />on matters relating to the operation of the Authority. The chairperson of the CAC would be <br />a non-voting member of the EBCE Board of Directors, and the vice-chairperson of the <br />CAC would be a non-voting alternate on the EBCE Board of Directors. <br />·Voting. The EBCE Board of Directors can act by a majority of directors voting in favor of an <br />item. Following an affirmative vote, if three directors so request, an EBCE action must also <br />be approved by a “voting shares vote,” where each director’s vote represents that share of <br />EBCE’s overall electrical load represented by the member entity. In two circumstances - <br />amending the Agreement or changing the voting requirements - super majority votes are <br />required. <br />·Business Plan. The Agreement obligates EBCE to create a Business Plan describing the <br />Authority’s operations and strategies. The Business Plan would include a description of <br />how the EBCE will contribute to fostering local economic benefits, such as job creation and <br />community energy programs. Additionally, the Business Plan would identify opportunities <br />for local power development and how EBCE can achieve its equity and local job creation <br />goals. Finally, the Business Plan would include specific language detailing employment <br />and labor standards <br />·Withdrawal. The Agreement provides a process for member agencies to withdraw, and <br />provides that, in the event of a member agency’s withdrawal, that member agency will <br />reimburse EBCE for any stranded (unavoidable) costs incurred by EBCE due to the <br />member agency’s withdrawal. <br />·Powers. The Agreement provides for a number of powers for the Authority, including the <br />contractual authority to purchase electricity, enter into agreements to implement EBCE <br />programs, and to submit documentation and compliance forms to ensure regulatory <br />compliance. In addition, EBCE has the power to issue revenue bonds and other forms of <br />indebtedness, to acquire property by eminent domain, and to negotiate project labor <br />agreements, community benefit agreements, and collective bargaining agreements. <br />Funding for Steering Committee, Consultant Support, Related Studies and Startup <br />Funding for the Steering Committee, consultant support and related studies to date have been <br />funded exclusively by the County of Alameda. None of this funding, nor remaining startup <br />costs, would be assessed against cities participating in EBCE. Phase I costs were <br />approximately $1.33 million. The second and third phases to establish and launch EBCE are <br />estimated to be an additional $2.41 million, which includes the costs associated with JPA <br />formation and program development. <br />The Agreement explicitly provides that the County will be reimbursed for its actual incurred <br />expenses in creating both the Authority and the CCA program. All start-up costs associated <br />with this project are fully reimbursable from revenue generated by ratepayers during the first <br />three years. At the October 4, 2016, Board of Supervisors meeting, the County approved the <br />steps necessary to secure the needed funding to complete Phase II and Phase III. <br />EBCE is expected to seat its Board of Directors in early 2017 and initiate early stages of <br />Page 4 City of San Leandro Printed on 11/16/2016