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HomeMy WebLinkAboutResolutions - No. 2005-222RESOLUTION NO. 2005-222 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO EXECUTE ADDENDUM TO THE PROFESSIONAL SERVICES AGREEMENT WITH BORISMETRICS, INC. TO INCREASE FUNDING TO PROVIDE SUPPORT OF ELECTRIC UTILITY DEPARTMENT'S RATE ANALYSIS AND RESOURCE ACQUISITION NEEDS ($50,000) WHEREAS, the Electric Utility Department faces a number of current issues related to the Department's resource position and volatile energy market; and WHEREAS, on May 4, 2005, the City Council authorized the hiring of Boris Prokop of Borismetrics, Inc., through a professional services agreement to perform rate analysis and resource acquisition needs; and WHEREAS, Borismetrics, Inc. is highly qualified to provide the needed expertise by virtue of its direct experience and familiarity with the issues facing the City of Lodi and the electric industry; and WHEREAS, in order to address the recent issues in the areas of rates and power supply for the City of Lodi and given the rapid change in the electric utility industry, there is a need to expand the services by authorizing an increase of $50,000, and WHEREAS, this increase will cover the additional work associated with resource procurement, rate analysis, rate design, and detailed analysis associated with customer frequency distribution relating to energy use for work through the end of June 2006, which may or may not be utilized at the discretion of the Electric Utility Director. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager to execute an addendum to the professional services agreement with Borismetrics, Inc., thereby increasing funding for this contract by $50,000, to cover the additional work associated with resource procurement, rate analysis, rate design, and detailed analysis associated with customer frequency distribution relating to energy use for work through the end of June 2006, which may or may not be utilized at the discretion of the Electric Utility Director. Dated: October 19, 2005 I hereby certify that Resolution No, 2005-222 was passed and adopted by the Lodi City Council in a regular meeting held October 19, 2005, by the following vote; AYES: COUNCIL MEMBERS ® Hansen, Hitchcock, Johnson, Mounce, and Mayor Beckman NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS None ABSTAIN: COUNCIL MEMBERS -- None 2005-222 City Clerk