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HomeMy WebLinkAbout024-R-20 Authorizing the City Manager to Execute a Six-Month Extension to the City's Electric Service Agreement with Dynegy Energy Services2/21 /2020 24-R-20 A RESOLUTION ION Authorizing the City Manager to Execute a Six -Month Extension to the City's Electric Service Agreement with Dynegy Energy Services NOW BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: The City Manager is hereby authorized and directed to sign the Extension to the City's Electric Service Agreement (the "Agreement") by and between the City and Dynegy Energy Services, Inc. for a six-month term. The Agreement is attached hereto as Exhibit 1 and incorporated herein by reference. The City Manager is also authorized to negotiate a renewal of the City's Electric Service Agreement to be presented to the City Council for review and approval at a later date. SECTION 2: The City Manager is hereby authorized and directed to negotiate any additional conditions of said Agreement that he deems to be in the best I interests of the City. The Agreement will be in a form acceptable to the Corporation Counsel. SECTION 3: This resolution shall be in full force and effect from and after its passage and approval, in the manner provided by law. 24-R-20 Stephen H. agert , a Attest: Appro v Ad as to form: Devon Reid, City Clerk Kell Gand�irski, C oration Counsel A l ,J Adopted: MafG"r� 9 , 2020 -2- 24-R-20 EXHIBIT 1 Electric Service Extension Agreement -3-