Agenda Item
4.I 22-641 Action on a License Agreement for Silicon Valley Power (SVP) Authorizing the City Manager to:
1. Execute Amendment No. 1 to the current License Agreement with Energy Exemplar, LLC to add third party software used to generate forecast models for timing of power purchases; and
2. Negotiate and execute additional amendments to add or delete services or licenses consistent with the scope of the agreement and allow future rate adjustments not to exceed a fifteen percent (15%) annual increase, subject to appropriation of funds.