HomeMy WebLinkAboutCity Council Resolutions (R-11-3312)-01/19/2011RESOLUTION R-11-3312
A RESOLUTION OF THE CITY OF COLLEYVILLE, TEXAS, AUTHORIZING THE
TEXAS COALITION FOR AFFORDABLE POWER (TCAP) TO NEGOTIATE AN
EXTENSION TO THE CURRENT ELECTRIC SUPPLY AND NECESSARY RELATED
SERVICES AGREEMENT WITH NEXT ERA FOR A FIXED PRICE PER KWH THAT
IS LOWER THAN CONTRACT RATES FOR 2011-2013, SAID EXTENSION TO
CONTINUE UNTIL DECEMBER 31, 2018; APPROVING TCAP CONTRACTING WITH
NEXT ERA AND AUTHORIZING THE CITY MANAGER TO SIGN A CONTRACT
WITH TCAP FOR THE CITY'S ELECTRICITY NEEDS FOR THE PERIOD
BEGINNING JANUARY 1, 2011 OR AS SOON AFTER FINALIZATION OF A
CONTRACT AS POSSIBLE AND EXTENDING UP TO DECEMBER 31, 2018;
COMMITTING TO BUDGET FOR ENERGY PURCHASES AND TO HONOR THE
CITY'S COMMITMENTS TO PURCHASE POWER THROUGH TCAP FOR ITS
ELECTRICAL NEEDS THROUGH DECEMBER 31, 2018
WHEREAS, the City of Colleyville, Texas (City) is a member of the Texas Coalition for
Affordable Power ("TCAP"), a nonprofit political subdivision corporation
dedicated to securing electric power for its political subdivision members
in the competitive retail market; and
WHEREAS, the City's current contract for power with Next Era arranged through TCAP
expires December 31, 2013; and
WHEREAS, the TCAP Board of Directors is currently considering a blend and extend
contract with Next Era with indicative retail energy prices that will reduce
the prices under the current contract for the next three years and extend a
fixed price for energy through December 31, 2018; and
WHEREAS, the current contract is a master agreement between TCAP and Next Era
endorsed by contract with individual TCAP members; and
WHEREAS, the City must assure TCAP that it will budget for energy purchases and
honor its commitments to purchase power for its electrical needs through
TCAP for the period beginning January 1, 2011 or as soon after
finalization of a contract as possible, and extending through December 31,
2018; and
WHEREAS, TCAP intends to continue to contract with Next Era (power supply) and
Direct Energy (billing, administrative and other customer services); and
Resolution R-11-3312
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WHEREAS, the current contractual
Direct Energy have bee
and the City.
relationships between TCAP and Next Era and
n beneficial and cost effective for TCAP members
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1. THAT the TCAP Board and its consultants and advisors are agents
authorized to negotiate for the City's electric power needs as a member of
TCAP and extend the current supply agreement through December 31,
2018.
Sec.2. THAT the City will execute a contract with TCAP that permits the
Chairman of TCAP to sign a Commercial Electricity Supply Agreement
("CESA") for the City's electricity needs and related, necessary services
extending up to December 31, 2018, as a member of TCAP and commits
its load for the same period pursuant to the contract recommended and
approved by the TCAP Board of Directors, provided that the energy price
to be paid per KwH in 2011-2013 is less than the current contract price for
2011-2013 resulting in savings for the City and that the fixed price for the
period 2011-2013 will continue through December 31, 2018.
Sec. 3. THAT the City will budget and approve funds necessary to pay electricity
costs proportionate to the City's load under the supply agreement
arranged by TCAP and signed by the Chairman of TCAP on behalf of all
TCAP members for the term extending up to December 31, 2018.
Sec. 4. THAT a copy of the resolution shall be sent to Mary Bunkley with the City
Attorney's office in Arlington and Geoffrey M. Gay, legal counsel to TCAP.
AND IT IS SO RESOLVED.
APPROVED BY A VOTE OF AYES, ~ NAYS AND ~
ABSTENTIONS ON THIS THE DAY OF 2011.
,-,
ATTES .
. ~
Cynthia Singleton, TRMC, C
City Secretary
CITY OF COLLEYVILLE
David Kelly
Mayor