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<br /> <br />Houston-Galveston Area Council <br /> <br />Office of the Executive Director <br /> <br />PO Box 22777. 3555 Timmons. Houston. Texas 77227-2777. 713/627-3200 <br /> <br />April 18, 2001 <br /> <br />The Honorable Norman Malone <br />Mayor, City of La Porte <br />P.O.Boxl115 <br />La Porte, Texas 77572-1115 <br /> <br />Dea~:-"- <br /> <br />I am writing to request that the City of La Porte join with the Houston-Galveston Area Council in <br />forming the H-GAC Energy Purchasing Corporation. <br /> <br />As you know, state law restructures the electric industry and deregulates rates at the retail level <br />effective January 1,2002. Local governments will need to make decisions about how to purchase electric <br />power in this new deregulated environment. <br /> <br />State law permits local government to join together to purchase electric power through a non- <br />profit corporation. H-GAC's Board of Directors has approved formation of the H-GAC Energy <br />Purchasing Corporation as means to aggregate demand and thereby leverage local government purchasing <br />power. Councilman Sutherland will be Chairman of the new corporation. <br /> <br />The authorizing legislation specifically requires that two or more political subdivisions join <br />together in forming the corporation. We are requesting that the City of La Porte join H-GAC as the <br />initial, creating political subdivisions. <br /> <br />Attached to assist you in taking action on are-I) a resolution indicating that La Porte joins in <br />participating in the corporation, 2) articles of incorporation, and 3) corporation bylaws. As drafted, the <br />resolution does not specifically require La Porte to make a decision on purchasing electricity through the <br />corporation until later this year. In addition, H-GAC is bearing all expenses associated with forming the <br />corporation. <br /> <br />If the City decides to join in forming the corporation, we would appreciate your executing article <br />12 of the articles of incorporation and returning the articles and your resolution to H-GAC. If you have <br />any questions about this please feel free to call me or Steve Howard at 713-627-3200. <br /> <br />Sincerely, <br /> <br />._'_'0) <br />..j/ /'.. <br />< /~~:?" <br />'~7- <br />Jack Steele <br /> <br />(..../' <br /> <br />/:...;. r' ._7.' <br />, '-.J, /-;',;:;';-' . /. ,4 <br />".,- _~~:J <br /> <br />/~\ <br /> <br />~ <br />6- <br /> <br />cc: Guy Sutherland, City Councilman <br />Robert Herrera, City Manager <br /> <br />Enclosures <br /> <br />o <br /> <br /> <br />Recycled <br />