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HomeMy WebLinkAboutResolutions - No. 2007-12RESOLUTION NO. 2007-12 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER AND ELECTRIC UTILITY DIRECTOR TO ISSUE A REQUEST FOR BIDS, DETERMINE THE BEST BID, AND EXECUTE A CONTRACT FOR A 25 MEGAWATT BASELOAD POWER PURCHASE FOR FISCAL YEARS 2008 THROUGH 2010 AT A COST NOT TO EXCEED $68 PER MEGAWATT HOUR NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the City Manager and Electric Utility Director to issue a request for bids, determine the best bid, and execute a contract for a 25 megawatt baseload power purchase for fiscal years 2008 through 2010 at a cost not to exceed $68 per megawatt hour. Dated: January 17, 2007 I hereby certify that Resolution No. 2007-12 was passed and adopted by the City Council of the City of Lodi in a regular meeting held January 17, 2007, by the following vote: AYES: COUNCIL MEMBERS - Hitchcock, Katzakian, and Mayor Johnson NOES: COUNCIL MEMBERS - None ABSENT: COUNCIL MEMBERS -- Hansen and Mounce ABSTAIN: COUNCIL MEMBERS - None 1� RANDI JOHL City Clerk 2007-12