Loading...
Resolution 2020-12 RESOLUTION NO. 2020-12 A RESOLUTION OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, AUTHORIZING PARTICIPATION PROGRESSIVE ENERGY GROUP (PEG) AND AUTHORIZING THE CITY ADMINISTRATOR TO APPROVE A CONTRACT WITH THE LOWEST COST ELECTRICITY PROVIDER BY RATE CLASSIFICATION FOR A PERIOD UP TO 60 MONTHS. WHEREAS the United City of Yorkville, Kendall County, Illinois ("the City") is a duly organized and validly existing non home-rule municipality and political subdivision of the State of Illinois created in accordance with the Constitution of the State of Illinois of 1970and the laws of the State; and, WHEREAS, on January 2, 2007, the State of Illinois implemented a plan to deregulate Commonwealth Edison; and, WHEREAS, as a result of this deregulation, electricity may be purchased based on market price and Commonwealth Edison will no longer be the sole supplier of electricity in Northern Illinois, resulting in new electricity suppliers being able to compete against Commonwealth Edison, and create competitive market forces dictating the price of electricity; and, WHEREAS, the City has selected Progressive Energy Group (PEG) to serve as the City's non-exclusive broker relative to the acquisition of electrical energy for City facilities,due to PEG's municipal experience in Illinois and being a licensed broker with the Illinois Commerce Commission (ICC); and, WHEREAS, there is no cost to the City of Yorkville if the City chooses the PEG electricity supplier, being built into the prices of the electricity bid, so there will be no direct payment made to PEG by the City; and, WHEREAS the City has been working with PEG on Natural Gas procurement since 2011, and the City has enjoyed a good working relationship with PEG; and WHEREAS, Commonwealth Edison no longer offer a fixed energy rate for large or medium sized commercial accounts and would instead charge based on a floating hourly rate and the City desires to enter the market to secure a fixed rate, up to 60 months in term. Resolution No.2020-12 Page 1 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, AS FOLLOWS: Section 1. That the Progressive Energy Group (PEG) is hereby appointed the City's non-exclusive broker for purposes of obtaining an electricity supply for the City's municipal needs. Section 2. That the City Administrator is authorized to negotiate energy rates directly with suppliers in an effort to secure lower energy costs. Section 3. That in light of the time constraints and procedures required, applicable to the acceptance of a competitive bid for a supply of electricity, once the bids are received by PEG, the City Administrator is hereby authorized to sign the contract with the most optimal bidder and report the results to the City Council after the contract is executed. Section 4. That the City Administrator is authorized as the City's authorized representative in matters concerning the bid. Section 5: The Resolution shall be in full force and effect from and after its passage, approval, and publication, as provided by law. Resolution No.2020-12 Page 2 Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this 24th day of March, A.D. 2020. orzet. ? . CITY CLERK) KEN KOCH AYE DAN TRANSIER AYE JACKIE MILSCHEWSKI AYE ARDEN JOE PLOCHER AYE CHRIS FUNKHOUSER AYE JOEL FRIEDERS AYE SEAVER TARULIS ABSENT JASON PETERSON AYE APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois this o27' ay of J1 ARC{ , A.D. 2020. MAYOR Resolution No.2020-12 Page 3