Meeting Time: June 07, 2022 at 4:00pm PDT

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.

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