HomeMy WebLinkAbout046-R-20 Authorizing the City Manager to Sign the First Amendment to the Master Agreement to Provide Service to an Aggregated Group Between the City of Evanston and Dynegy Electrical Services5/15/2020
46-R-20
A RESOLUTION
Authorizing the City Manager to Sign the First Amendment to the
Master Agreement to Provide Services to an Aggregated Group
Between the City of Evanston and Dynegy Electric Services
WHEREAS, in June 2017, the City of Evanston ("the City") and Dynegy
Electric Services, LLC ("Dynegy") entered into a Master Agreement to Provide Services
to an Aggregated Group ("the Master Agreement") giving Dynegy the authority to enroll
City residents in an electric supply agreement; and
WHEREAS, the Master Agreement is set to expire in August 2020 ; and
WHEREAS, negotiations between the City and Dynegy on the pricing and
other terms of a new agreement are ongoing ; and
WHEREAS, the City and Dynegy agree that it is in the interest of both
parties to extend the expiration date of the Master Agreement while negotiations on a
new agreement continue; and
WHEREAS, the City and Dynegy have negotiated and agreed to a First
Amendment to the Master Agreement which gives the City a Customer Incentive
Program allocation and extends the Master Agreement's expiration date to June 2021.
NOW BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That the foregoing recitals are hereby found as fact and
incorporated herein by reference.
46-R-20
SECTION 2: The City Manager is hereby authorized and directed to sign
the First Amendment to the Master Agreement, attached hereto as Exhibit A.
SECTION 3: Resolution 46-R-20 shall be in full force and effect from and
after its passage and approval in the manner provided by law.
Attest:
5d,Ko /do Gomez
Eduardo Gomez, Deputy City Clerk
Adopted: Mav 26 .2020
Stephen H. Hagerty, Mayor
Approved as to form:
Kelley A. Gandurski, Corporation
Counsel
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46-R-20
EXHIBIT A
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