R134 RESOLUTION NO. 134
A RESOLUTION OF THE CITY OF KENNEDALE, TEXAS
AUTHORIZING THE MAYOR OR 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
WHEREAS, the City of Kennedale, 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;
WHEREAS, CAPP has received bids from qualified bidders to serve approximately 70
CAPP members more than 700 million kWh annually;
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;
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;
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;
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 KENNEDALE, TEXAS:
Section 1. That Mark S. Wright, Mayor or Ted Rowe, City Manager 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. That Mark S. Wright, Mayor or Ted Rowe, 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.
PASSED AND APPROVED, this the 13` day of September, 2001.
• Of KEN/y ,,,, APPROVED:
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17% `. �` Ili Mayor, Mark S. Wright
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Kathy Turn r, City Secretary