1920RESOLUTION NO. ~ ~ a ~
A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO
ENTER INTO THE POWER SUPPLY AGREEMENT WITH NRG
POWER MARKETING, LLC., IN ORDER TO ALLOW SAID COMPANY
TO SUPPLY POWER FOR THE CITY OF WEST MEMPHIS, AND FOR
OTHER PURPOSES.
WHEREAS, the current power supply agreement with Constellation Energy
commodities Group, Inc., expires December 31, 2010; and
WHEREAS, the West Memphis Utility Commission (WMUC} issued a power
supply Request for Proposals (RFP) on December 5, 2008; and
WHEREAS, a number of bidders submitted proposals in response to the WMUC
RFP; and
WHEREAS, the Engineers and Counsel have recommended to the WMUC,
which has also recommended that the City Council authorize the contract with NRG
POWER MARKETING, LLC., for the supply of wholesale power; and
WHEREAS, the City Council finds that it is in the best interest of the City of
West Memphis that NRG POWER MARKETING, LLC., be chosen as said power
supplier.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF WEST MEMPHIS, ARKANSAS:
SECTION 1. That the Mayor and the City Clerk are hereby authorized to enter
into a power supply agreement with NRG POWER MARKETING, LLC., and the Mayor
is hereby authorized to make any modifications, amendments or changes that maybe
necessary in the ongoing process of finalization of the contract terms. Said agreement is
hereby approved and is attached hereto and incorporated herein as Exhibit A.
SECTION 2. That this Resolution shall be in full force and effect from and after
its passage and approval.
PASSED AND APPROVED this 12th day of May, 2009.
,ice y~~
WILLIAM H. JOHNSO ,MAYOR
ATTEST:
Q,I~Ut,
P ILLIP PARA, CITY ERK
SPONSORED BY: