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Resolution 2025-103Resolution No. 2025-103 A RESOLUTION OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS, APPROVING AN AGREEMENT WITH MC SQUARED ENERGY SERVICES, LLC WHEREAS, the United City of Yorkville, Kendall County, Illinois (the "City") is a duly organized unit of governinent of the State of Illinois within the meaning of Article VII, Section 10 of the 1970 Illinois Constitution; and WHEREAS, in January 9, 2024, the City approved a Master Power Supply Agreement (the "Agreement") with MC Squared Energy Services, LLC ("MC Energy") to implement a municipal electric aggregation grant program for the benefit of the City; and WHEREAS, pursuant to the Agreement, the City was eligible for a monthly civic grant upon the enrollment of approximately one-third of Yorkville households in the aggregation program; and WHEREAS, the Agreement expires in December of 2025 and a request has been made for a two-year extension pursuant to the terms and conditions of the Extended Term Agreement No. 1 (the "Extension") attached hereto; and WHEREAS, the Extension provides for an increase in the monthly civic grant from $25,000 per year to $36,000 per year over the term of the Extension; and WHEREAS, the Mayor and City Council have reviewed the Extension and believe it to be in the best interest of the residents of the City to approve the Extension as hereinafter set forth. NOW, THEREFORE, BE IT RESOLVED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. The foregoing recitals are incorporated in this Resolution as the findings of the Corporate Authorities. Resolution No. 2025-103 Page 1 Section 2. That the Extended Term Agreement Amendment No. 1 by and between the United City of Yorkville, Kendall County, Illinois and MC Squared Energy Services, LLC, attached hereto as Exhibit A and made a part hereof by reference, is hereby approved, and the Mayor and City Clerk are hereby authorized to execute on behalf of the United City of Yorkville. Section 3. That this Resolution shall be in full force and effect from and after its passage and approval as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this 231 day of September, A.D. 2025. C Y CLERK KEN KOCH AYE DAN TRANSIER AYE ARDEN JOE PLOCHER AYE CRAIG SOLING AYE CHRIS FUNKHOUSER AYE MATT MAREK AYE RUSTY CORNEILS AYE RUSTY HYETT AYE APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois this241�pday of �jem , A.D. 2025. S'L� CIO CLERK Resolution No. 2025-103 Page 2 EXTENDED TERM AGREEMENT AMENDMENT NO. 1 This Extended Term Agreement Amendment No. I (hereinafter the "ETA No. I"), is entered as of this 23" day of September 2025 between the United City of Yorkville, Kendall County, Illinois, an Illinois municipal corporation (hereinafter the "City") and MC Squared Energy Services, LLC (hereinafter the "Supplier") (each a "Party" and collectively, the "Parties"). WHEREAS, Supplier and City are the Parties to a Master Power Supply Agreement dated January 9, 2024 and amended on September 23, 2025 (hereinafter the "MPSA" which is hereby incorporated by reference). WHEREAS, pursuant to the terms of the MPSA, including Section 5.1, the Parties mutually wish to extend the term of the MPSA. NOW, THEREFORE, the Parties agree as follows: 1. The Parties agree to replace Exhibit A with Amended Exhibit A to reflect the mutually agreed extended term of twenty-four (24) months. 2. The Parties agree that by executing this ETA No.1, Extended Term will last until December 2027, subject to future mutual extensions. 3. The Parties agree that Supplier has the right to conduct subsequent opt -out cycles to add eligible customer accounts to Supplier Service and/or return eligible accounts to ComEd's Tariffed Service during the spring months of March through June and fall months of October through December. 4, Article 2.20 will remain "Power Supply Bid" means the bidding process conducted by Progressive Energy on behalf of the Municipality." IN WITNESS WHEREOF, the Parties have duly executed this Agreement to be effective on the date first written above. Supplier: MC Squared Energy Services, LLC Signed: Printed/Typed Name: Charles C. Sutton Title: President Municipality: United City of Yorkville Signed: Printed/Typed Name: John Purcel I Title: MOINOC Date: Date: Attest: Signed: Printed/Typed Name: Sharon Alegado Title: Vice President, Sales and Marketing Attest: Signed: Printed/Typed Name:qof t UL,- ri Title: AMENDED EXHIBIT A PRICE AND TERM Eligible Customers as defined in Section 2.11 includes all residential and small commercial Aggregation customers within the Municipality excluding customers served by other alternative retail electric suppliers (ARES) including pending "with RES" status, and customers served under ComEd's Hourly Tariffed supply service (Rate RRTP). Eligible Customers in the initial and subsequent opt -out cycles will be placed on Supplier Service or Tariffed Service as defined in Section 2.37 of the Agreement (i.e., ComEd default tariff supply service) based on Supplier's criteria including the customer's usage patterns and wholesale market conditions. Eligible Customers will be assessed the same Customer Class Price and will continue to receive monthly invoice statements from ComEd without regard to whether they are served by Supplier or on Tariffed Service. Eligible Customer Class Price: Variable rate equal to the ComEd published tariff supply service costs including the Purchased Electricity Charges (PEC), Transmission Service Charges (TSC) and the Purchased Electricity Adjustment (PEA) for each applicable month for the Term of the Agreement. Termination Fee for Withdrawing Customers: No Early Termination Fees - $0 (zero) per utility account Delivery Term: Twenty-four (24) months December 2025 — December 2027 Percent of RECs: Zero Civic Contribution: $3,000 / Monthly Supplier will provide a monthly $3,000 civic contribution to the Municipality for the term of the agreement. The Civic Contribution will be payable to the Municipality within 30 days after the last meter read cycle of each delivery month (i.e. December 2025 payment would be paid in February 2026). Supplier: MC Squared Energy Services, LLC Municipality: United City of Yorkville Signed: Printed/Typed Name: Charles C. Sutton Title: President Date: Signed: Printed/Typed Name: '1oh n P w Title: mm1-f Date: `"1 W Wa T Attest: Printed/Typed Name: Sharon Alegado Title: Vice President. Sales and Marketing Attest: Signed: a�n V,,eAUa Printed/Typed Name: Title: