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08/06/2024
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Correspondence - Non-Agenda
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City Clerk
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8/6/2024
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55695.00001\33485367.1 <br />4 <br />2.1.10 To issue revenue bonds and other forms of indebtedness; <br />2.1.11 To apply for, accept, and receive all licenses, permits, grants, loans, or other <br />assistance from any federal, state, or local agency; <br />2.1.12 To submit documentation and notices, register, and comply with orders, <br />tariffs, and agreements for the establishment and implementation of the CCA Program and <br />other energy and climate change programs; <br />2.1.13 To adopt rules, regulations, policies, bylaws, and procedures governing the <br />operation of the Authority; <br />2.1.14 To receive loans, gifts, contributions, and donations of property, funds, <br />services, and other forms of financial assistance from persons, firms, corporations, and any <br />governmental entity; <br />2.1.15 To make and enter into service agreements relating to the provision of <br />services necessary to plan, implement, operate and administer the CCA Program and other <br />energy programs, including the acquisition of electric power supply and the provision of <br />retail and regulatory support services; <br />2.1.16 To receive revenues from sale of electricity and other energy-related <br />programs; <br />2.1.17 To partner or otherwise work cooperatively with other CCAs on the <br />acquisition of electric resources, joint programs, advocacy and other efforts in the interests <br />of the Authority; and <br />2.1.18 To the extent not specifically provided in this Agreement, to exercise any <br />powers authorized by the member agencies to achieve the Authority’s objectives and such <br />further powers not specifically mentioned herein, but common to Parties, and authorized <br />by the California Government Code. <br />2.2 Additional Powers to be Exercised. In addition to those powers common to each <br />of the Parties, the Authority shall have those powers that may be conferred upon it by law and by <br />subsequently enacted legislation. <br />2.3 Manner of Exercising Powers. The powers specified in subsections 2.1 and 2.2 <br />shall be exercised by the Board (as defined in subsection 3.1, below), unless otherwise delegated <br />to a committee of the Board or the Chief Executive Officer of the Authority in accordance with a <br />Board adopted policy or action. All such powers shall be exercised in the manner set forth in this <br />Agreement. <br />2.4 Limitation on Exercise of Powers: The powers of the Authority are subject to the <br />restrictions upon the manner of exercising power possessed by the City of Irvine, California and
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