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R-88-06 12/11/2006Village RESOLUTION TO AUTHORIZE THE VILLAGE ADMINISTRATOR TO ENTER INTO A CONTRACT WITH A THIRD PARTY VENDOR FOR ELECTRICITY WHEREAS, Com Ed rates will no longer be frozen at the current rates beginning January 2, 2006 due to deregulation; and, WHEREAS, the recent reverse auction held by the Illinois Commerce Commission resulted in significant increases for power from the frozen rates; and, WHEREAS, utilization of the open market allows the Village to contract with a third party supplier at a significant savings to the Village. NOW, THEREFORE BE IT RESOLVED by the President and Board of Trustees of the Village of Lemont that: SECTION 1: That the Village Administrator is authorized to enter into a contract with a third party vendor through Energy Choices. SECTION 2: Effective Date: This Resolution shall be in full force and effect from and after its passage, approval and publication in the manner provided by law. PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF LEMONT, COOK, WILL AND DU PAGE COUNTIES ILLINOIS on this 1116 Day of.,.a)ec bsr , 2006. Debby Blatzer Peter Coules Cliff Miklos Brian Reaves Ronald Stapleton Jeanette Virgilio Attest: AYES NAYS PASSED ABSENT v v v v JOHN PIAZZA, Vill: ge P ident RLENE SM O llage Clerk LEN 1 Conclusion: Exelon Energy > w 0 /\ {9 . 7 f E Da C )\ m\ a= §� 0 \/ 3 2 m P3woO s6wneg = 30ei1u03 4Luow- LL 4MPI L£b`L8£`b eoueialol 6uloueleg z a) \ m m / ƒ\ q \20 � SD 0 0) § a 7 - ƒ f 0) (E 7°EI cm o_2 cn CA) j % / § / § 0 (Apo Alipowwoo) m 0 -I. 5 <z..." 0. 2 c m @ v g� �cpc m �� ; ■ 3 5 o o ea E. 2 -I - 0 0 CD 0 t /3 �k P- b \ CD[ ;$ ) ® �f §7 ± CO 0 f f a G 0 @' ]) =k \ 53 kƒ § 5. $7 E m ■