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160202/26/1999 16:49 5013764491 ZACHARY RESOLUTION 1 ~~ ~ A RES LION OF THE CITY COUNCIL OF THE CITY OF ~~~, ARKANSAS EXPRESSING THE SUPPORT OF THE CITY COUNCIL OF THE CITY OF WEST MEMPHIS , ARKANSAS FOR THE PROPOSED "ELECTRIC CONSUMER CHOICE ACT OF 1999' SENATE BILL 585, AND OPPOSITION TO SENATE BILL bbl A COMPETING PROPOSAL OF THE RURAL ELECTRIC COOPERATIVES; AND FOR OTHER PURPOSES WHEREAS, 5S 585 sponsored by Senators Kennedy and Hooftnan, the "Electric Consurrkr Choice Act of 1999" contains terms and provisions protecting municipally owned electric utilities systems; and WHEREAS, SB 585 the proposed "Electric Consumer Choice Act of 1999" comprehensively deals with many issues associated with electric utility industry restructuring; and WHEREAS, SB 585 the "Electric Consumer Choice Act of 1999" is supported by diverse utility and consumer groups in the State of Arkansas; and 1~,REAS, S$ 661, a competing version of electric utility restructuring legislation preparod by rural electric cooperatives delays implementation of customer choice, disenfranchises citizens of cities owning electric systems, imposes unneeded and unwanted regulatory burdens on municipal electric systems, hampers the growth of cities in Arkansas, focuses on issues irrelevant to the resweturiag of the electric utility industry, and is patently unlawful by retroactively locking in clahic service areas; NOW THEREFORE, BE IT RESOLVED BY THE City Council of the City Council of the City of WPCt M~rNii s ,Arkansas: SECTION 1: This Resolution shall be the formal advice and recomnnendation to the Arkansas Gettet~al Assembly for passage of SB 585 the "Electric Consumer Choice Act of 1999", and opposition to SH bbl by the City Council of the City of ~ N~rphls ,Arkansas. SECTION 2: The Mayor and City Clerk are hereby authorized and directed to provide copies of this Legislation to appropriate members of the General Assembly, and to actively vie for the passage of SB 585 on behalf of the City of West Memphis ,Arkansas. 03/05 . , 02/26/1999 16:49 5013764491 SECTION 3: This Resolution shad be in full force and effect from and after its passage and approval. DATE: /H P~a.~a t~~ ATTEST: APPROVED: City Clerk Mayor RECEIVER°7 CIiY CLERKS OFFICE ~~ DATE 3 - 1 - q ~ ;3o nM FROM~~-k.GO... .