R-2016-3347 - 4/14/2016RESOLUTION NO. R-2016-3347
Resolution authorizes the Mayor to execute one or more power supply contracts during tis
11 Jill III Iq IiIiIII 11111 11111 1 111 1
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS,
Section 1® During the current fiscal year, the Mayor may execute, on behalf of the City,
one or more contracts to purchase power between the City and a Retail Electric Provider in
Section 2: The Mayor may only execute an electric power supply contract ("Contract")
(i) the term of the Contract is no less than six (6) months and no more than three (3)
years;
(ii) the price per kilowatt-hour KWH shall be competitive, considering the terms of
the Houston Galveston Area Council of Governments ("HGAC") negotiated
Contract;
"iii) the REP recommended by CGP Solutions was selected in a competitive process in
k
which the recommended REP offers the "Best Value" Contract to the City when
considering the following factors:
(b) the amount, if any, of premiums to be paid by the City for using either less
or more electrical power than its historic demand data; and
I 1111111111 11111 111111111111111 illyll JIJIIIIJIlJJIIIjMffU3E�
0112.1604; 00354838/ss2
111 i 111111 11111!11111111111 !1111 11 !1 � I 14NU3=0M=0
the subject matter hereof were discussed, considered and formally acted upon, all as required I
RESOLVED this 141h day of April, 2016.
SARA L. WHITE, City Clerk
,F)
ALAN MCGRAW, Mayor
City of Round Rock, Texas