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19-640�!Mlc AN ORDINANCE OF THE CITY OF DENTON AUTHORIZING THE CITY MANAGER, OR DESIGNEE, TO EXECUTE A CONFIDENTIALITY AND NON -DISCLOSURE AGREEMENT BETWEEN THE CITY AND HELENA WIND, LLC., AND A CONFIDENTIALITY AND NON -DISCLOSURE AGREEMENT BETWEEN THE CITY AND ONPEAK POWER, LLC; PROVIDING FOR A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Helena Wind, LLC., ("Helena") is Delaware limited liability company with offices in Chicago, Illinois; WHEREAS, Onpeak Power, LLC., ("Onpeak") is Delaware limited liability company with offices in Austin, Texas; 1191111=4=0 WIN I IM fA KFAU If I M I SHIN W97% 10 11 OWN0910A 1 WHEREAS, Helena and Onpeak are responders to a City request for proposals for the purchase of electric power and capacity generated from renewable resources; WHEREAS, DME desires to interact with Helena and Onpeak regarding the RFP issued by the City as a potential supplier of renewable electric power; WHEREAS, Helena and Onpeak require that DME execute a confidentiality agreement prior to sharing and discussing detailed data and information to ensure that any information shared will be kept as confidential; WHEREAS, the City Council finds it is in the public interest for the City Manager, or his designee, to execute the attached Confidentiality and Non -Disclosure Agreements after approval of the same by the City Attorney, or his designee. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The findings and recitations contained in the preamble of this Ordinance are incorporated herein by reference. SECTION 1 The City Manager, or his designee, is authorized to execute the Confidentiality and Non -Disclosure Agreement with Helena, (attached as Exhibit "A" and incorporated herein for all purposes) and the Confidentiality and Non -Disclosure Agreement with Onpeak, (attached as Exhibit "B" and incorporated herein for all purposes) after the same have been approved by the City Attorney, without further authority, guidance, or direction from the City Council- and is further authorized to carrivp out the ... ....... obli, ations and resitonsibilities of the City under the agreements. .SFC'JjON 3. If �i.my 1..)aragraph, sciutenee, claUSe., plinise i',)r �%Iord in tlis ordnanc(_,, on- app licaiion. thereol'to any ircLiinslances is hc�d im�al'd by ancoin nto . f' persoi� or c r conipeter�[,Wrisd�cfloii, SUch holding Shall �wt a[f , ect the validit,y of 01C ren1a611rq.1 portiollis o'tfiis ordinance. atid thaaa City CMAICil 01'dW City oil' I)cnton, Texas, hereby deepares it a,�!mdd �iavc enacted such remaining portions despite any such invalidity. SECTION 4. This Ordinance shall become effective immediately upon ils passage and approval. 11icz.zz�zta����zp�ppr�,��.;�tGs (-za•(➢�z�,.zazce ��� zs du���zlthz����z�lz�"mcc v�� pasz�cl �.a nd"I plz°���r�,¢lz��l secol'I "bed 1 yr r e tlzc 1,611o),vizi , vt.zte; Chris Watts, Mayor: Gerard Hudspeth, District 1: Keely G. Briggs, District 2: Don Duff, District 3: John Ryan, District 4: Deb Armintor, At Large Place 5: Paul Meltzer, At Large Place 6: Aye Nay V/ Abstain Absent PASSED AND APPROVED this the day of Ap- -i1, 201 ,h -----w ......: .... "111'Is wATTS, MAYOR ATTEST: ROSA RIOS, CITY SECRETARY BY. u APPROVED AS TO LEGAL FORM: AARON LEAL, CITY ATTORNEY BY a. -- ................ Z.._._ CONFIDENTIALITY AND J AT lei %Ui%UF1 'U'UN 01 IIIM,411111 111IJUMVIIJ UL III A. rai(I j-PIT., STITE 51T, CflTUffgUYj7b11,b and the City of Denton, a Texas home -rule municipal corporation with its principal office at 2 E. McKinney St. Denton, Texas 76201 ("DentorII referred to collectively as "Partiesa individually as "Party." WHEREAS, Denton owns and operates an electric utility which operates under the tra. name of Denton Municipal Electric ("DME") and, for purposes of this Agreement, Denton a DME are one and the same; and ITAEREAS, the Parties desire to exchange certain proprietary or confidential information for the purpose of discussing energy supply arrangements for electric power generated by renewable generation facilities within the Electric Reliability Council of Texas ("ERCOT") (the "Proposed Transaction"); and WHEREAS, the Parties are willing to provide such information for such purpose in ,-=ordance with the terms hereof; [Moog_III "I. a. "Denton" shall include any of Denton's subsidiaries or affiliates. b. "Confidential Information" shall mean all written, recorded, electronic or oral . ................. 6��o 0 0 �.......... information or data (including without limitation research, developmental, engineering, manufacturing, technical, marketing, sales, financial, operating, performance, cost, business and process information or data, know-how, and computer programming and other software and software techniques) provided (whether such confidentiality or proprietary status is indicated orally or, whether or not the specific words "confidential" or "proprietary" are used) by one Party (a "Disclosing Party") to the other Party (a "Receiving Party") in the course of the exchange of such information or data between the Parties. d. Person" shall be broadly interpreted to include, without limitation, any corporation, company, partnership, other entity or individual. e. shall mean as to each Party, its directors, officers, employees, agents and advisors (including, without limitation, financial advisors, potential equity investors, attorneys and accountants). r Ctwllll(� $I iaht "Ind Noii-Usc. In consideration of each Party's providing Confidenti-aT Information, the Parties agree as follows: ExNbit A a. The Receiving Party shall hold confidential and not disclose to any Person, without the prior written consent of the Disclosing Party, all Confidential Information provided to it by the Disclosing Party and any information about the Proposed Transaction, or the terms or conditions or any other facts relating thereto, including, without limitation, the fact that discussions are taking place with respect thereto or the status thereof, or the fact that Confidential Information has been made available to the Receiving Party or its Representatives; provided, however, that the Receiving Party may disclose such Confidential Information to its Representatives who are actively and directly participating in its evaluation of the Proposed Transaction or who otherwise need to know the Confidential Information for the purpose of evaluating the Proposed Transaction; b. Each Party shall cause all its Representatives to observe the terms of this Agreement and shall be responsible for any breach of the terms of this Agreement by it or its Representatives; and C. The Receiving Party shall return or destroy all Confidential Information (including all copies thereof), within 30 days of receipt of a written request therefore, excepting (subject to all restrictions on disclosure of this Agreement) such Confidential Information that exists only as part of regularly generated electronic backup data, destruction of which is not reasonably practicable. d. In addition to the foregoing, each Party will not use the Confidential Information (a) in any way detrimental to the other Party's shareholders or (b) for any purpose other than in connection with the Proposed Transaction between the Parties. 3, J,' ��11!ions to dirt Cosilit'Llitiou ,usd Non-usc Obhgqljons. The obligations imposed by AK - - .. .......... ........... W ft " - - - - -.1. 1 1, --1--... --- Section 2 hereof shall not apply, or shall cease to apply, to any Confidential Information if or when, but only to the extent that, such Confidential Information: a. was known to the Receiving Party prior to the receipt of the Confidential Information; or b. was, or becomes through no breach of the Receiving Party's obligations hereunder, known to the public; or C. becomes known to the Receiving Party from sources other than the Disclosing Party under circumstances not involving any breach of any confidentiality obligation; or d. is independently developed by,the Receiving Party, as evidenced by the written records thereof. It shall not be a breach of the confidentiality obligations hereof for the Receiving Party to disclose Confidential Information where, but only to the extent that, such disclosure is required by applicable law or regulation, provided in such case the Receiving Party shall (i) give the earliest notice possible to the Disclosing Party that such disclosure is or may be required and (ii) cooperate in protecting such confidential or proprietary nature of the Confidential Information which must so be disclosed. Exhibit A Notwithstanding any other provision herein, the Parties understand that Denton is required to comply with the Texas Public Information Act (Chapter 552 of the Texas Government Code) ("TPIA") when responding to records requests made under the Act. Pursuant to the requirements of TPIA, if Denton receives a request for information which Helena has marked or identified as being confidential, trade secret, commercial, financial or proprietary information, Denton will respond to the request in accordance with the procedures set forth in Section 552.305 of the Act. Specifically, Denton will notify Helena of its receipt of the request and request an attorney general decision identifying the exception(s) to disclosure believed to apply. The Parties acknowledge that TPIA requires a brief to be submitted to the attorney general explain why the claimed exceptions apply to the information in issue. Denton shall not be obligated to submit the brief supporting those claimed exceptions. Helena shall be solely responsible for submitting the brief and the documents in issue to the attorney general. 4. No I os l,lier gN �qtcw�� k� N Jeretyider. No joint venture or partnership shall be inferred by this Agreement, and the Parties hereto shall be independent entities. Neither Party nor any parent, subsidiary or affiliate thereof, shall be under any obligation to enter into any further agreements with the other signatory hereto or its parents, subsidiaries or affiliates of any nature whatsoever as a result of this Agreement. The Parties shall be free at all times to hold negotiations or enter into agreements with any other persons whatsoever (including with respect to projects under discussion by the Parties hereto) in addition to or in lieu of the discussions hereunder and any such activities shall not be a breach of this agreement or any obligations owed to the other Party hereunder. Each Party hereto reserves the right, in its sole discretion, to decline and make, to retract or to reject at any time any proposal which has not yet become legally binding by execution of a written agreement between the Parties with respect thereto or with respect to any further agreements or business arrangements with the other Party hereto, its parents, subsidiaries or affiliates and to terminate all further discussions and negotiations. Vic)Agjjrq crj lmons agd Wwtr .ies/ No,mj jcense The Parties make no representation or warranties, express or implied, of any kind to the other with respect to the Confidential Information, including without limitation with respect to the accuracy or completeness thereof. Any representations or warranties shall be made thereby, if at all, only in definitive written agreements that may be entered into hereafter. Nothing contained in this Agreement shall be construed as granting or conferring any right or license, express or implied, in or to any Confidential Information disclosed to the Receiving Party, including without limitation any patent, trademark and/or copyright. 6. i t_����at� t�� �7,y...t ntu� �i art, of �, bli&.it c n"'. Unless sooner terminated by mutual written Agreement of the Parties hereto, this Agreement and the obligations hereunder shall terminate two (2) years from the date hereof. 7< l�ritire Agm eN��ot. This Agreement represents the entire understanding and agreement of the Parties and supersedes all prior communications, agreements and understandings between the Parties relating to the subject matter hereof. Parol or extrinsic evidence shall not be used to vary or contradict the express terms of this Agreement, and recourse shall F':;xNill A not be had to alleged prior dealings or course of performance to explain or supplement the express terms of this Agreement. 8. mw _"'mlt�ttII�toni_S p��as s. This Agreement , wtw_ Ire- may not be modified, amended or waived except by a written instrument duly executed by both Parties. No failure or delay by either Party in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any right, power or privilege hereunder. This Agreement may not be assigned by either Party without the prior written consent of the other and shall be binding on, and inure to the benefit of, the respective successors of the Parties thereto. This Agreement may be signed in two or more counterpart originals, each of which shall constitute an original document. For purposes of this Agreement, use of a facsimile, e-mail, or other electronic medium shall have the same force and effect as an original signature. 9. t:�wwvew rw�� I'm This Agreement is made subject to and shall be construed under the laws of the State of Texas, without giving effect to its principles or rules regarding conflicts of laws, and that the state courts located in Denton County, Texas or federal courts situated in the Eastern District of Texas, shall have exclusive jurisdiction to resolve any disputes with respect to this Agreement or the Confidential Information with each Party irrevocably consenting to the jurisdiction thereof for any actions, suits or proceedings arising out of or relating to this Agreement or the Confidential Information, and each Party irrevocably waives its rights to jury trials with respect thereto. In the event of any litigation hereunder, the prevailing Party shall be entitled to costs and reasonable attorney's fees. 10. I' , ;�,.t�edies. Each Party, in regards to its confidentiality obligations herein, acknowledges that the other Party would be irreparably injured by a breach of this Agreement, and the non -breaching Party, in addition to any other remedies available at law or in equity, shall be entitled to relief, including injunctive relief and specific performance, in the event of any breach of the provisions of this Agreement by the breaching Party. Any such relief shall be in addition to, and not in lieu of, money damages or any other legal or equitable remedy available to the non -breaching Party. [SIGNATURE PAGES TO FOLLOW] ExNbit By its sole aini ' Lincoln Clean Energy, LLC By: . . . . . ......... Name: Joseph Condo . ........... . . . ....... ... Name: Title: t wq ye nwcr"IAS . .... 1 0 FORM: CITY ATTORNEY CITY OF DENTON, TE AS ATTEST: CITY SWRETARY CITY OF DI NI'ON'T BY: � 11�: x I A CONFIDENTIALITY This Confidentiality andi Non -Disclosure Agreenient ("Agreeivient") is entered into as of 2019i, by and between OnPeak Power, LLC, a Iiinited liability compan.y, organized tj he laws of'Delaware and located at 2028 F!', Ben WhiteBlvd., STE 240-88i33, Austin, TX 78741 ("OnPeak"), and the City of Denton, a Texas home -rule municipal corporation with its principal office at 215 E. McKinney St. Denton, Texas 76201 ("Denton"), referred to collectively as ' 1 individually as ' WHEREAS, Denton owns and operates an electric utility which operates under the trade name of Denton Municipal Electric ("DME") and, for purposes of this Agreement, Denton and DME are one ! and WHEREAS, the Parties desire to exchange certain proprietary or confidential information for the purpose of discussing energy supply arrangements for electric power generated by renewable generation Reliability Council1 ("ERCOT") "Proposed Transaction"); and WHEREAS, the Partieswillingto provide information 1 ! purpose accordance with the terms hereof; 1' 1 engineering,b. "Confidential lnfbrmation�' shall mean all written, recorded, electronic or oral information or data (including without limitation research, developmental, manufacturing, technical, marketing, sales, financial, operating, performance, cost, business and process information or data, know-how, and computer programming ! other software1 softwaretechniques) used)(whether such confidentiality or proprietary status is indicated orally or, whether or not the specific words "confidential" or "proprietary" are b one Party "Disclosing ' 1 the otherParty "Receiving r courseof exchangeof such information or data between the Parties. d. "Person" shall be broadly interpreted to include, without limitation, any corporation, company, partnership, other entity or individual. e. shall mean as to each Party, its directors, officers, employees, agents and advisors (including, without limitation, financial advisors, potential equity investors, attorneys and accountants). 2. Coiill'iticiiititilily,,,ii)A,,,N��)t,li.l,,Jse. In consideration of each Party's providing Confidential information, Partiesagree as follows: EIlifbit a. The Receiving Party shall hold conMential and not disclose to any Person, without the prior written consent of the Party, all Confidential Inforniation „d'1 !,it by theDisclosingParty:!IMDisclosing I,i: information aboutIi' Proposed Transaction, i, or the terms or conditions or any other facts relating,I ' .i , including, withoutI the fact that discussions g place with respect thereto or the status thercot or I Confidential 'i 1 hasbeen made available o the Receiving g Party or f i provided, howevcr,Receiving Party may disclose such Confidential Inffiffnation to its Representatives who are actively and directly participating in its evaluation of the Proposed Transaction 4 who otherwise need to know the Confidential Information for the purpose of evaluating e Proposed Transaction; Ia, Each Party shall causeRepresentatives 1 observe Ae terms of i '! and i i, : be responsible for any breach of i, . termsof 1 by or its Representatives; anI G. h, Receiving Partyor destroy all Confidentiali (including all copies i Ii 30 days of p,.. of i therefore, excepfing (subject .i all i ii in disclosure of this Agreement) IiConfidential Information that exists only as part of regularly generated electronic backup data, destruction of which is not reasonably practicable. d. In addition to the foregoing, each Party will not use the Confidential Informatioi (a) in any way detrimental to the other Party's shareholders or (b) for any purpose other than in connection with the Proposed Transaction between the Parties. 3. 6N , . �gR5s ,t � :f �s� g.t tt ,k c�. 9 t� m Us . )ml�.�'u ��4ti,(����. The obligations imposed by Section 2 hereof shall t apply, or shall cease to apply, to any Confidential Information i or when, but only to the extent that, such Con-ridential Information: a. was known to the Receiving Party prior to the receipt of the Confidential Information;or b. was, or becomes through no breach of the Receiving Party's obligations bereunder, known o the public; or C. becomes i to the Receiving Party from sources other I,I; the DisclosingP under circumstances not involving any breach of any confidentiality obligation; or L is independentlydeveloped I the Receiving .. „iu, Party, i . i, by ii recordsI o:. . Or,M MUMVPVT I . - !1f a i .,.1 4 `fIt Ali i comply with the Texas PublicInformation (Chapterof the Texas Government Code) responding torecordsmade f IL" Pursuant to the requirtwientsof f ' f i : requestor inBormation which / 1 'a has marked or identified as being confidential,trade i f 11 or proprietary information, Denton will respond to the request in accordance with the Ills of its receiptof the requestIf request attorney 1 decision 1:' 1 �g the exception(s) ti o disclosure `, believed to apply. The Parties i acknowledge that TPIA requires 51 f 4 i` s Y1,WWt t ii Ae;, tjuity "' (: ` fi: f 1`fi If :f+1 ly i± the information in issue. Denton 1anot 1' obligated to submit the briefffi '." those claimed exceptions.OnPeak shallbe solelyfor submittingthe brief and the documentsi'the attorneygeneraL 1 joint venture or partnership finferred F this Agreement, and 1' Parties! shall be independent entities. NeitherPartyit parent 11 1: r or :thereof,shallbe under any obligationto enter into any further agrcements 1 the other hereto or parents,1'if or of 11 nature whatsoever i of g Parties shall be ftee at all times to hold negotiations or f 4 agreements with any other persons 11. '1(including with respect to projects under discussion by the Parties hereto) in addition to or in lieu of ' discussions hereunderand any such activities 5ll not be . breachof this agreement or f�` obligations owed other Party ! hereunder.fi 1 theright,in its ole discretion,fdecline ilflato retract or to reject at anyme any proposal which has becomebinding i;:::execution ofa writtenagreementbetween theParties respectwith !' 4 or I respect to any agreements or business n h the other Partyhereto, its parents, ! ! or i and toterminate discussions I f....... negotiations. Parties make no representation or warranties,f(" or implied, of any If to the other with respect to the Confidential Information, without I i respect i the accuracy or completeness thereof.Any n'. f or warranties shall 1"'.made thereby, if at all,only f definitive written agreements that may be entered into hereafter. Nothing contained in this Agreement shall be ;# 1 1 as granting�iconferring any f' 1license, M 1 1 • f II i it any ConfidentialInformation r disclosed i 14. Receiving Inincluding without limitation any patent,trademark 1 .'i 1 . Unless sIff`i terntinitted by n of Parties hereto, this Agreement5/1.: the obligations terminatetwo from date hereof. f'. ±r` ,,.1 f 1 f ti f`• i! "' f 1: M tl 1 il, 1. .. f � i� !" �! f �: 1... f 1 1 1 •" 1 .. I I f � � •,. 11 I! ti. f �. `f: khW't I . not be had to alleged prior dealings or course of performance to explain or supplement the express terms of this Agreement. 8, AnWaiygM,.�Nj len �( ,oun C p sj?Lt�.�L gp� ;This Agreement may not be modified, amended or waived except by a written instrument duly executed by both Parties. No failure or delay by either Party in exercising any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise thereof preclude any other or fi3rther exercise thereof or the exercise of any right; power or privilege hereunder. This Agreement may not be assigned by either Party without the prior written consent of the other and shall be binding on, and inure to the benefit of, the respective successors of the Parties thereto. This Agreement may be signed in two or more counterpart originals, each of which shall constitute an original document. For purposes of this Agreement, use of a facsimile, e-mail, or other electronic medium shall have the same force and effect as an original signature. 9. Ls'This Agreement is made subject to and shall be construed under the laws of the State of Texas, without giving effect to its principles or rules regarding conflicts of laws, and that the state courts located in Denton County, Texas or federal courts situated in the Eastern District of Texas, shall have exclusive jurisdiction to resolve any disputes with respect to this Agreement or the Confidential Information with each Party irrevocably consenting to the jurisdiction thereof for any actions, suits or proceedings arising out of or relating to this Agreement or the Confidential Information, and each Party irrevocably waives its rights to jury trials with respect thereto. In. the event of any litigation hereunder, the prevailing Party shall be entitled to costs and reasonable attorney's fees. M R Each Party, in regards to its confidentiality obligations herein, acknowledges M that the other Party would be irreparably injured by a breach of this Agreement, and the non -breaching Party, in addition to any other remedies available at law or in equity, shall be entitled to relief, including injunctive relief and specific performance, in the event of any breach of the provisions of this Agreement by the breaching Party. Any such relief shall be in addition to, and not in lieu of, money damages or any other legal or equitable remedy available to the non -breaching Party. Exhibft I I I I- � . 4 p 'o"ligm iswvo AWAII IF 7M F74 I I PAT) v UP it; lols ONPEAK POWER, LLC By: Nwne- IFZ dA . �, C—, Z Title: CITY OF DENTON Name: 'ji le Yv-- Title. iL4 L/ 1 0 FOMA' CITY ATTORNEY CITY OF DENTOKI,EXAS BY: ATTEST: CITY SECRETARY CITY OF P,1YN1"ON, T!��As BY:,