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HomeMy WebLinkAboutReso 2015-137 RESOLUTION NO. 201�-137 RESOLUTION OF THE CIT1' COUI�'CIL OF THE CITY OF CHULA VISTA APPROVI?�'G COI�TTII�'UATION OF ELECTRICITY COA4A40DITY PURCHASES FROA4 SHELL ENERGY Ai�'D AliTHORIZIi�'G THE CITY 1�4ANAGER TO E�ECUTE ALL DOCUMENTS II�' CONJLT?�'CTION R'ITH THE PURCHASES �'HEREAS. the Califomia Public litilities Commission began implementation of Assemblv Bill 1890 in 1998 to make the eeneration of electricit}� more competiti��e in California throush the creation of"Direct Access Service." and R'HEREAS. Direct Access allo���s commercial, industrial, and aericultural customers to purchase electricit�- from a third-party Electric Service Provider. instead of from the local Investor-O�rner Utilit��: and �i'HEREAS. Direct Access allo���s these customers to potentiallv neeotiate better electricit�- commodin� rates or higher renewable energy power mi�es from the open marker. and WHEREAS. Cin� of Chula Vista has four electricim accounts that are under Direct Access Sen�ice with Shell Energy; and �i'HEREAS. under the contract ���ith Shell Enera��. the Cit�� "locks-in" electricitv procurement rates for certain time periods throueh a Confirmation Letter to minimize utilitv cost flucmations: and VV'HEREAS. the Cit��'s current Confirmation Letter and associated rates are expiring: and �l'HEREAS. the ne�a rates are similar to last vear and appro�imateh� 30% lo«�er than historical commodin-prices. NOR'. THEREFORE. the Citv Council of the Citv of Chula Vista does herebv resol��e that it: l. Approves continuation of electricit�� commodit�� purchases from Shell Energ��; and 2. Authorizes the Cit�= A9anager, or his designee, to execute an up to 1-}�eaz Confirmation Letter ti�ith rates up to $44.49 per A4eeaH�att Hour, in the form presented, ��ith such modifications as ma}� be appro�ed or required by the Cit�� Attome�.�to be kept on file in the office of the Cin� Attomey, and authorizes and directs the Mayor to e�ecute same. Resolution No. 2015-137 Page No. 2 Presented by Approved as to form by ' �� -`-�-- \ Richard A. Hopkins en R. G gins � Director of Public Works �ty Att y PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 16th day of June 2015 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, McCann, Miesen and Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None � � Mary S as, Mayor ATTEST: �.�._ -� ,�,�,�.� Donna R. Norris, CM , Cit}� Clerk STATE OF CALIFORNIA ) COUNTY OF SAN D1EG0 ) CITY OF CHULA VISTA ) 1, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 201�-137 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council he]d on the 16th day of June 2015. Executed this l bth day of June 201�. � �%� Donna R. Norris,�MC,City Clerk