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EVERETT`CITY COUNCIL AGENDA ITEM COVER SHEET <br /> PROJECT TITLE: <br /> Supplemental Agreement Consent COUNCIL BILL# <br /> between Public Utility District X Action Originating Department Legal <br /> No. 1 of Snohomish County First Reading Contact Person Ned Johnston <br /> and the City of Everett Second Reading Phone Number 8727 <br /> Third Reading FOR AGENDA OF Oct. 17, '07 <br /> Public Hearing <br /> Initialed by: <br /> Department Head <br /> CAA <br /> Council President <br /> Location Preceding Action Attachments Department(s)Approval <br /> Agreement Legal <br /> Utilities <br /> Amount Budgeted <br /> Expenditure Required $10,885,611.81 Account Number(s): 401-5100119932XXX <br /> Budget Remaining 0 <br /> Additional Required 0 <br /> DETAILED SUMMARY STATEMENT: <br /> The City of Everett and Snohomish County Public Utilities District have recently reviewed the Joint Jackson <br /> Project contractual relationship as part of the FERC re-licensing for the Jackson Hydroelectric Project. The <br /> City and PUD will continue with their partnership in the Sultan Basin. This is the third major review of the <br /> contractual relationship, which will take us through the next 50 years and beyond. The City and PUD have <br /> agreed on modifications to the Agreement during each review. The proposed amendments to the agreement <br /> will allow both agencies to focus on their respective roles as water and electricity purveyors. <br /> RECOMMENDATION (Exact action requested of Council): <br /> Authorize the Mayor to sign a Supplemental Agreement between Public Utility District No. 1 of Snohomish <br /> County and the City of Everett. <br />