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<br />. <br /> <br />e <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: <br /> <br />October 13. 2003 <br /> <br />Appropriation <br /> <br />Requested By: Susan Kellev <br /> <br />Source of Funds: Various <br /> <br />Department: Purchasine <br /> <br />Account Number: Various <br /> <br />Report: <br /> <br />Resolution: X Ordinance: <br /> <br />Amount Budgeted: $1,038,700 <br /> <br />Exhibits: <br /> <br />Resolution <br /> <br />Amount Requested: $1,038,700 <br /> <br />Exhibits: <br /> <br />Budgeted Item: YES NO <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />On October 22,2001, City Council passed a Resolution and Supply Agreement as a fmn commitment to participate with <br />H-GAC Energy Purchasing Corporation. On January 1, 2002, TXU became the City of J,.a Porte's electrical provider <br />through this agreement. The contract term was for a two (2) year period and the City's contract with TXU will expire on <br />December 31, 2003. H-GAC has provided an estimation of 22% savings for all facilities over the duration of the <br />contract. <br /> <br />Several aggregates and Retail Electric Providers (REP) have submitted information and requested to become our <br />electrical provider. After research and review of the docwnentation received, I focused my evaluation to two (2) <br />providers, H-GAC Energy Purchasing Corporation/TXU and General Land Commission's State Power ProgramlReliant <br />Energy. Based on an evaluation of advantages/disadvantages, I recommend renewing our contract with H-GAC!fXU. <br /> <br />Due to the fluctuating market and large increase of fuel fees, TXU is monitoring the retail market and will update City <br />staff on market conditions and submit pricing plans and term options they believe to be advantageous. City staff will <br />then analyze the options and choose the plan and contract term that best benefits the City of La Porte. <br /> <br />Staff Recommendation: <br /> <br />Renew the City's participation with H-GAC Energy Purchasing Corporation and sign an agreement to purchase <br />electricity from TXU, our current provider. <br /> <br />Action Reauired bv Council: <br /> <br />Pass a Resolution authorizing the City Manager and Assistant City Manager or Purchasing Manager authority to sign an <br />agreement with H-GAC Energy Purchasing Corporation. . <br /> <br />Approved for City Council Aszenda <br /> <br /> <br />/p/e, jp,:$ <br />Dati { <br />