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<br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: Seotember 25. 2006 <br />Requested By: Susan Kellev ;1 ~ <br /> <br />Aoorooriation <br /> <br />Source of Funds: <br /> <br />Various <br /> <br />Department: <br /> <br />Purchasinl: <br /> <br />Account Number: Various <br /> <br />Report: <br /> <br />Resolution: X Ordinance: <br /> <br />Amount Budgeted: $1,560,551 <br /> <br />Exhibits: Resolution Authorizing Signatory Authority <br /> <br />Amount Requested: $ <br /> <br />Exhibits: <br /> <br />Budgeted Item: YES NO <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />On September 25" 2006, staff presented information concerning various electricity aggregations, including H-GAC <br />Energy Purchasing Corporation, General Land Office (GLO), and a Gulf Coast version of Cities Aggregation Power <br />Project (CAPP), <br /> <br />During the workshop sessions, Council agreed to renew the current contract with H-GAC. At the City's request, H-GAC <br />will obtain pricing from pre-contracted vendors and GLO, This process will ensure CGP Solutions verifies all City ESls, <br />monitors the market on a daily basis, and recommends the optimum time to obtain pricing. <br /> <br />Staff Recommendation: <br /> <br />Approve a resolution authorizing signatory authority to the City Manager or Assistant City Manager to execute a <br />contract for the supply of electricity, <br /> <br />Action Required bv Council: <br /> <br />Authorizing the City Manager, Assistant City Manager, or their designated representative the authority to obtain pricing <br />and contract terms and enter into an agreement with an electricity provider through H-GAC Energy Purchasing <br />Corporation, <br /> <br />A <br /> <br /> <br />)"/fL <br />Date / <br />