R2021-108 Resolution Authorizing the Execution of an Agreement for the Electricity Supply for the City of Decatur Electric Accounts

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RESOLUTION NO. M RESOLUTION AUTHORIZING THE EXECUTION OF AN AGREEMENT FOR THE ELECTRICITY SUPPLY FOR THE CITY OF DECATUR ELECTRIC ACCOUNTS WHEREAS,the City of Decatur has numerous electric accounts across the City facilities and operations; and WHEREAS, such electric accounts have historically been supplied with an alternative supplier; and WHEREAS,because electricity is a commodity for which supply bids typically are good for about 24 hours, the City of Decatur must act promptly to accept any such desired bid in order to contractually guarantee a per kilowatt hour electric rate for its accounts, and WHEREAS,the City of Decatur City Council finds that the best interests of the City of Decatur are served by authorizing the Decatur City Manager to receive and review bids and to accept the bid most beneficial to the City of Decatur, and NOW THEREFORE,BE IT RESOLVED by the Decatur City Council of Decatur Illinois,Macon County,Illinois, as follows: SECTION 1. The statements set forth in the preamble to this Resolution are hereby found to be true and correct and are hereby incorporated into this Resolution as if set forth in Section 1. SECTION 2. The corporate authorities of Decatur Illinois hereby authorize and direct the City Manager or his/her designee to receive and review bids and accept the bid most beneficial to the City of Decatur without further action of the Decatur City Council. The City Manager or his/her designee is hereby authorized to execute a service agreement with the bidder who submits the bid most beneficial to the City of Decatur for the supply of electricity for the City of Decatur electric supply needs, without further action of the Decatur City Council, with said execution and attestation to take place within the applicable time constraints required by the bidder,provided,however, that the energy price to be paid per kilowatt hour pursuant to the service agreement is less than the default rate currently in effect, resulting in cost reduction for City of Decatur electric accounts. SECTION 3. The provisions of this Resolution are hereby declared to be severable, and should any provision of this Resolution be determined to be in conflict with any law, statute, or regulation by a court competent jurisdiction, said provision shall be excluded and deemed inoperative, unenforceable and as though not provided for herein, and all other provisions shall remain unaffected,unimpaired, valid and in full force effect. SECTION 4. This Resolution shall be effective immediately and shall remain in effect until rescinded by the City of Decatur, and shall remain in effect for the current bid and any and