HomeMy WebLinkAboutRes 2007-12-01 Approving Articles of Incorp and Bylaws of Cities Aggregation Power Proj.pdfCITY OF ANNA
RESOLUTION NO. 2007-12-01
A RESOLUTION APPROVING THE ARTICLES OF INCORPORATION
AND BYLAWS OF CITIES AGGREGATION POWER PROJECT, INC., A
POLITICAL SUBDIVISION CORPORATION; ACCEPTING
MEMBERSHIP IN SAID CORPORATION; APPOINTING A
REPRESENTATIVE TO SERVE ON BEHALF OF CITY OF ANNA;
APPROVING PAYMENT OF AN INITIAL MEMBERSHIP FEE.
WHEREAS, Chapter 304 of the Texas Local Government Code, entitled Energy
Aggregation Measures for Local Governments, allows political subdivisions to form a
political subdivision corporation to act as an agent to negotiate the purchase of
electricity, or to likewise aid or act on behalf of the political subdivisions for which the
corporation is created, with respect to their own electricity use for their respective public
facilities; and
WHEREAS, Cities Aggregation Power Project, Inc. is a political subdivision
corporation organized under said Chapter, and
WHEREAS, the negotiation for electricity by the corporation should result in
lower electricity costs to the City of Anna; and
WHEREAS, the TXU Cities Steering Committee has participated in numerous
rate proceedings and rule -makings over the course of the last decade and having
investigated the impacts of electric deregulation, recommends participation of cities in
aggregation projects and creation of a political subdivision corporation to maximize
opportunities for cost savings;
WHEREAS, the TXU Cities Steering Committee has facilitated the creation of
Cities Aggregation Power Project, Inc.; and
WHEREAS, the City of Anna seeks to become a Member of Cities Aggregation
Power Project, Inc.; and
WHEREAS, the By -Laws of Cities Aggregation Power Project, Inc. require an
initial membership fee of 1/2 of 1% of the total annual electric bill of the last full year of
billing information available prior to membership application. Such fee shall not exceed
$14,000.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ANNA, TEXAS:
Section 1. The recitals contained in the preamble of this Resolution are
determined to be true and correct and are hereby adopted as a part of this Resolution.
Res. No, 2007-12-01 Approving Articles of Incorporation & Bylaws ofCities Aggregation Power Project, Inc. 12-11-07
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Section 2. The Articles of Incorporation and Bylaws of Cities Aggregation Power
Project, Inc., a political subdivision corporation, attached hereto and incorporated herein
for all purposes as Exhibits A and B respectively, are hereby approved.
Section 3. The City of Anna ("City") accepts Membership in Cities Aggregation
Power Project, Inc.
Section 4. The City approves payment of an initial fee assessment equivalent to
Aurin. rhe Tact full
Section 5 The City hereby appoints its City Manager to serve as the City's
representative to the corporation and to act on the City's behalf.
Section 6. All Resolutions and parts thereof in conflict herewith are hereby
expressly repealed insofar as they conflict herewith.
Section 7. This Resolution shall take effect immediately from and after its
adoption and it is accordingly so resolved.
Section 8. A copy of this Resolution shall be sent to Jay Doegey, CAPP Board
Chair, c/o City of Arlington City Attorney's Office, MS 63-0300, P.O. Box 90231,
Arlington, Texas 76004-3231, along with the initial assessment fee.
PRESENTED AND PASSED on this the 111' day of December, 2007, by a vote
of 6 ayes and 0 nays at a regular meeting of the City Council of the City of Anna, Texas.
ATTEST: APPROVED:
t`OFayor, Kenneth Pelham
Res. No. 2007-12-01 Approving Articles of lncmpomtion & Bylaws of Cities Aggregation Power Project, Inc. 12-11-07
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