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HomeMy WebLinkAboutResolution 2765A Resolution NO. ~,~ ,~ RESOLUTION WITHDRAWING AUTHORIZATION FOR TEXAS CUC AGGREGATION PROJECT, INC TO NEGOTIATE AND EXECUTE AN AGREEMENT ON BEHALF OF THE CITY OF FORT WORTH FOR THE PURCHASE OF ELECTRICITY BEGINNING IN JANUARY 2002 WHEREAS, on. January 9 2001, the City Council adopted Resolution. No 2697 pursuant to which the City of Fort Worth ("City's joined Te~cas CUC Aggregation Project, Inc. ("TCAP") for the purpose of TCAP's aggregating the purchase of electricity on behalf of the City and certain other governmental entities (an "Aggregation"); and WHEREAS, in accordance with Section l.b of TCAP's bylaws, prior to the initiation of any competitive procurement process, the City Council must designate the specific City electric accounts that TCAP is authorized to Aggregate; and WHEREAS, TCAP is preparing to uutiate a competitive procurement process for the supply of electricity to its members for a period beginning in January 2002, and WHEREAS, the City has independently entered into an agreement to purchase electricity for the period between January 2002 and May 2003 NOW 'PHEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH That the City Council hereby withdraws authorization for TCAP to aggregate any City electricity accounts until further notice. ~ AFPR©VED Adopted this o~-/ day of August, 2001 ~%~T Y COI~~I.~~L AUG 21 200t l ~~~ ~~~ City Secretar~F Bf tha Ciiq at F oxt ~lI'orC#t, ~'exas