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HomeMy WebLinkAboutRes 11-08 04/01/2008 sd 03/26/08 RESOLUTION NO. 11-08 A RESOLUTION AUTHORIZING THE VILLAGE MANAGER OF MOUNT PROSPECT TO ENTER INTO ONE OR SEVERAL CONTRACTUAL AGREEMENTS TO SUPPLY ELECTRICAL ENERGY FOR VILLAGE-OWNED WATER AND SEWER PUMPING FACILITIES LOCATED IN MOUNT PROSPECT, ILLINOIS WHEREAS, the electrical energy supply market has been deregulated in the State of Illinois; and WHEREAS, the Village of Mount Prospect is now permitted to secure electrical energy from multiple supply sources; and WHEREAS, it has been determined that the best interests of the Village of Mount Prospect would be served by entering into one or several contractual agreements to supply electrical energy for Village-owned water and sewer pumping facilities through a competitive bid process conducted by the Village. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: The Mayor and Board of Trustees of the Village of Mount Prospect authorize the Village Manager to enter into one or several contractual agreements to supply electrical energy for Village-owned water and sewer pumping facilities. SECTION TWO: This Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: Corcoran, Hoefert, Juracek, Lohrstorfer, Zadel NAYS: None ABSENT: Korn PASSED and APPROVED this 1st day of April, 2008. ,rlf:(~~ I:~ Mayor ATTEST: ?7~~~J2(7 M. Li a ngell ' Village Clerk H :\CLKO\files \WI N\RES\Authcontractual ag reementsforelcelectricalenergyapril2008.doc