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HomeMy WebLinkAboutResolution No. 2001-33 RESOLUTION NO. R2001-33 A RESOLUTION OF THE CITY COUf�tCIL OF THE CITY OF FRIENDSWOOD, TEXAS, APPROVING THE REVISED BYLAWS DATED JUNE 7, 2001 OF THE TEXAS CUC AGGREGATION PROJECT, INC. * * * * * Whereas, the City of Friendswood has previously approved the articles of incorporation and bylaws of the Texas CUC Aggregation Project, Inc., thereby incorporating and joining TCAP in order to obtain the lowest cost of electricity available in the restructured competitive retail electric market scheduled to open in Texas in January 2002; and Whereas, retail electric providers have indicated that they would prefer that the TCAP bylaw provision that provides TCAP with clear authority, under Section 303.001, Texas Local Government, to contract on behalf of inember political subdivisions for electric power, be even more clear; and Whereas, the TCAP Board, on June 7, 2001, has adopted revised bylaws for TCAP that make the existing provisions in question completely clear; and Whereas, statutes require that the revised bylaws be re-approved by the City of Friendswood; and Whereas, nothing in the revised bylaws changes the right of the City of Friendswood to withdraw from TCAP before the date TCAP begins the procurement process. Therefore Be It Resolved that the City of Friendswood hereby adopts the TCAP Bylaws (dated June 7, 2001) as presented. PASSED, APPROVED AND RESOLVED this the 2"d ay of July, 2001. Harold L. Whitaker Mayor ATT ST: . Deloris McKenzi , TRM City Secretary