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HomeMy WebLinkAboutR-2006-24 authorize signatory authority/participation in HGAC Energy Purchasing Corporation E REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: Seotember 25. 2006 Requested By: Susan Kellev ;1 ~ Aoorooriation Source of Funds: Various Department: Purchasinl: Account Number: Various Report: Resolution: X Ordinance: Amount Budgeted: $1,560,551 Exhibits: Resolution Authorizing Signatory Authority Amount Requested: $ Exhibits: Budgeted Item: YES NO Exhibits: SUMMARY & RECOMMENDATION On September 25" 2006, staff presented information concerning various electricity aggregations, including H-GAC Energy Purchasing Corporation, General Land Office (GLO), and a Gulf Coast version of Cities Aggregation Power Project (CAPP), During the workshop sessions, Council agreed to renew the current contract with H-GAC. At the City's request, H-GAC will obtain pricing from pre-contracted vendors and GLO, This process will ensure CGP Solutions verifies all City ESls, monitors the market on a daily basis, and recommends the optimum time to obtain pricing. Staff Recommendation: Approve a resolution authorizing signatory authority to the City Manager or Assistant City Manager to execute a contract for the supply of electricity, Action Required bv Council: Authorizing the City Manager, Assistant City Manager, or their designated representative the authority to obtain pricing and contract terms and enter into an agreement with an electricity provider through H-GAC Energy Purchasing Corporation, A )"/fL Date / ((es . :< CD~.2 4 Resolution Authorizing Signatory Authority for Participation in the H-GAC Energy Purchasing Corporation The governing body of the City of La Porte grants authorization to the City Manager, Assistant City Manager and/or their designated representative to act in behalf of this entity to review H-GAC approved pricing offers from contracted vendors or any requested provider and execute a favorable contract for the supply of electricity, r+S '"JA4-e (\ vYl c,~ /)tG r.utA-e1 Printed Title J I 0 J tt, 0\1 Date l-i