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The purposes for which such joint operating agency is to be formed are:

A. To determine as nearly as possible the future requirements of the members of the joint operating agency and of other publicly-owned utilities in Oregon, for electrical energy and capacity;

B. To plan, and, if deemed necessary by the joint operating agency, to participate, subject to the limitations set forth in Chapter 722, Oregon Laws, 1973, in constructing and operating generation and transmission facilities as are needed to assure adequate supplies of energy and capacity for the publicly-owned utilities in Oregon; and

C. To develop programs to encourage the conservation and wise use of electrical and other energy resources. (See Ord. 3717 §3, 1974). (Ord. 4987, 2015).