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Item Coversheet Page 2 of 2 <br /> PRIOR COUNCIL ACTION: <br /> The current contract with MidAmerican Energy Services,LLC was approved with City Council adoption on May 16,2016 and <br /> expires in October,2018. <br /> POTENTIAL OBJECTIONS: There are no(mown objections to this resolution. <br /> INPUT FROM OTHER SOURCES: <br /> CQI Associates was engaged providing energy advisory services for the RFP and supplier selection process. <br /> STAFF REFERENCE: Gregg D.Zientara,City Treasurer&Director of Finance <br /> BUDGETITIME IMPLICATIONS: <br /> It is in the best interest of the City to secure supply services prior to the expiration of the current contract so as not to expose the <br /> City to potential"default rate"pricing.It is also advantageous for the City to secure future rate pricing before entry into the rising <br /> usage periods that may impact offered supplier pricing. <br /> https://decatur.novusagenda.com/AgendaWeb/CoverSheet.aspx?ItemID=1535 5/16/2018 <br />