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HomeMy WebLinkAboutResolution No. 2005-17 RESOLUTION NO. R2005-17 A RESOLUTION OF THE CITY OF FRIENDSWOOD, TEXAS, AUTHORIZING THE CITY OF FRIENDSWOOD TO CONTINUE ITS PARTICIPATION IN THE TEXAS CONFERENCE OF URBAN COUNTIES AGGREGATION PROJECT, INC. (dba/Public Power Pool or P3). � � � * � WHEREAS, the City Council of the City of Friendswood has previously approved the articles of incorporation and bylaws of the Texas Conference of Urban Counties Aggregation Project, Inc. (Public Power Pool), thereby incorporating and joining the Public Power Pool in order to seek to obtain the lowest cost of electricity available in the restructured competitive retail electric market which opened in Texas in January 2002; and WHEREAS, the City Council of the City of Friendswood has reviewed the benefits of its participation in the Public Power Pool; and WHEREAS, the Bylaws of the Public Power Pool require its members to opt out of its next electricity procurement project if they do not desire to participate by March 31, 2005 or as soon thereafter as possible. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD THAT: The City of Friendswood hereby elects to continue its participation in the Texas Conference of Urban Counties Aggregation Project; and PASSED, APPROVED AND ADOPTED, this 4th day of April 2005 at a regular City Council meeting of the City of Friendswood. c �-�(/ , ` Kimball W. Brizendine Mayor City of Friendswood ATTEST: ��F FR�ENO�,� �, � . � v � * eloris McKenzie, TRM City Secretary �� qr� O� ?�.�P�