Loading...
HomeMy WebLinkAbout11-25-19-2e - Resolution - 11/25/2019RESOLUTION NO. 11-25-19-2e A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS, AUTHORIZING THE CITY MANAGER OR THEIR DESIGNEE, TO BE THE SIGNATORY AUTHORITY FOR ALL STANDARD AGREEMENT DOCUMENTS RELATED TO THE ELECTRIC RELIABILITY COUNCIL OF TEXAS (ERCOT); CONGESTION REVENUE RIGHTS (CRR); GAS HEDGING BIDS; AND ANY OTHER POWER SUPPLY RELATED TRANSACTIONS, EXCLUDING POWER SUPPLY CONTRACTS; FOR THE CITY OF COLLEGE STATION. WHEREAS, The City of College Station is required by ERCOT to complete standard form agreements as ERCOT Protocols are revised; and WHEREAS, the City of College Station is required by ERCOT to designate an individual authorized to bind the City of College Station; and WHEREAS, the City of College Station is a Transmission and Distribution Service Provider (TDSP) and a Load Serving Entity (LSE) as defined in the ERCOT Protocols; and WHEREAS, all standard form agreements from ERCOT cannot be amended except through changes in the ERCOT Protocols; and WHEREAS, ERCOT is the Independent Organization certified under §39.151 of the Texas Public Utility Regulatory Act for the ERCOT Region; and WHEREAS, the management of the City of College Station’s Power Supply contracts requires ongoing bids and commitments executed by the City of College Station’s authorized individual; now therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION THAT: PART 1: The matters set forth in the preamble are true and correct. PART 2: The City Council of the City of College Station hereby authorizes the City Manager, or their designee, to execute standard form agreement documents with ERCOT; CRR; gas hedging bids; and any other power supply related transactions, excluding Power Supply Contracts; for the City of College Station, Texas. PART 3: This Resolution shall be effective immediately upon its adoption. ADOPTED this the 25th day of November, 2019. ATTEST: APPROVED: ______________________________ _________________________________ City Secretary MAYOR APPROVED: _____________________________ City Attorney