Ordinance 2018-13: Constellation Newenergy Sales Agreement

ORDINANCE NO. 2018-13

AN ORDINANCE AUTHORIZING THE MAYOR OF THE

VILLAGE OF ANTWERP TO ENTER INTO AN OHIO ELECTRICITY SUPPLY AGREEMENT WITH CONSTELLATION NEWENERGY, INC. FOR A TERM OF TWENTY-FOUR (24) MONTHS COMMENCING IN MAY 2019; AND DECLARING THE SAME AN EMERGENCY

 

WHEREAS, the Village of Antwerp, Ohio (the “Village”) and Champion Energy Sales, LLC currently are parties to an agreement for the purpose of the Village buying electricity delivered and used at the various buildings and wells owned by the Village and the same being supplied by Champion Energy Sales, LLC at a rate of $0.0505 per kilowatt hour, which agreement will expire in May 2019; and

 

WHEREAS, the Village desires to enter into an Ohio Electricity Supply Agreement with Constellation NewEnergy, Inc. for the purpose of the Village buying electricity to be delivered and used at the various buildings and wells owned by the Village and the same supplied by Constellation NewEnergy, Inc. for a twenty-four (24) month period commencing at the expiration of the current agreement (in May 2019), at the rate of $0.04302 per kilowatt hour; and

 

WHEREAS, in order to lock in this lower rate for the purchase and supply of electricity for the twenty-four (24) month period commencing in May 2019, the Village and Constellation NewEnergy, Inc. must enter into an agreement for the same in August 2018.

 

NOW, THEREFORE, BE IT ORDAINED by the Council of the Village of Antwerp, County of Paulding, and State of Ohio:

 

Section 1.  The Mayor of the Village of Antwerp, Ohio, is hereby authorized to enter into the Constellation NewEnergy, Inc. Ohio Electricity Supply Agreement by and between the Village and Constellation NewEnergy, Inc. for the purpose of the Village buying electricity to be delivered to and used at the various buildings and wells owned by the Village and the electricity being supplied by Constellation NewEnergy, Inc. at the rate of $0.04302 per kilowatt hour for a twenty-four (24) month period commencing at the expiration of the current agreement (in May 2019).  A true and accurate copy of said Agreement is attached hereto and incorporated herein by reference.

 

Section 2.  It is found and determined that all formal actions of the Council of the Village of Antwerp, Ohio, concerning and relating to the passage of this Ordinance were adopted in an open meeting of the Council, and that all deliberations of the Council and any of its committees that resulted in such formal action, were in meetings open to the public, and in compliance with all legal requirements.

 

Section 3.  This Ordinance is hereby declared to be an emergency measure necessary for the immediate preservation of the public health, safety and welfare of the Village and to allow the Village to lock in the lower rate for the delivery and use of electricity at the buildings and wells owned by the Village.  This Ordinance shall take effect and be in force immediately after its passage and approval; otherwise, it shall take effect and be in force from and after the earliest period allowed by law.

 

 

PASSED: August _____, 2018.

 

____________________________________

Ray Delong, Mayor of the

Village of Antwerp, Ohio

Attest:

 

______________________________

Aimee Lichty, Fiscal Officer