R-1990-9-01RESOLUTION NO. 1990-9-OI(R)
' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, AUTHORIZING THE CITY MANAGER TO SIGN AN
ELECTRIC SUPPLY AGREEMENT WITH THE WINNING BIDDER FOR THE
ELECTRIC LOAD OF CITIES AGGREGATION POWER PROJECT, INC., UPON
CONFIRMATION OF ECONOMIC BENEFIT TO THE CITY; AND PROVIDING
AN EFFECTIVE DATE.
WHEREAS, the City of Allen, Texas ("City"), is a member of Cities Aggregation Power Project, Inc.
(CAPP), a nonprofit political subdivision corporation dedicated to securing electric power for its members in
the competitive retail electric market effective January 1, 2002; and,
WHEREAS, CAPP bas received bids from qualified bidders to serve approximately 70 CAPP members more
than 700 million kWh annually; and,
WHEREAS, CAPP has the expectation of negotiating with one or two bid finalists while simultaneously
working with a designated representative from each member City to establish and maximize economic
benefit; and,
WHEREAS, CAPP has provided a window of opportunity for its member cities to confirm that the winning
bid provides economic advantage to each member when the pricing and terms of the winning bid are
compared to perpetuation of service from the affiliated provider of the incumbent utility with price to beat
rates and independent economic advantage with regard to the pricing of large non -price to beat accounts; and,
WHEREAS, it is necessary for the City to act expeditiously within the period between the announcement of
the winning bid and the signing of power contracts; and,
WHEREAS, it is necessary for the City to have a contract for the supply of electricity in the new competitive
environment.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN,
COLLIN COUNTY, TEXAS, THAT:
SECTION 1: The Community Services Director is hereby charged to confirm that: (a) the winning bid to
supply CAPP's load will economically benefit the City when measured against service from the affiliated
REP of the incumbent utility; and (b) to work with CAPP in the finalization of the contracting process and
commitment of specific electric accounts of the City to the aggregated load.
SECTION 2: The City Manager is authorized to sign the necessary power supply contracts or agreements
ratifying the City's participation in CAPP after confirming economic benefit to the City.
SECTION 3: This resolution shall become effective immediately upon its passage.
DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN
COUNTY, TEXAS, ON THIS THE 20M DAY OF SEPTEMBER, 2001.
' APPRO ED:
Stephen erre%MAYOR
A^�TTEST:%1�F/t �,a,B-s—
//1L,
Ju,dy Mor son, CMC/AAE. CITY SECRETARY