Ordinance 2022-20: Purchase Supply Of Electricity Starting In May 2023

ORDINANCE NO. 2022-20

AN ORDINANCE AUTHORIZING THE MAYOR OF THE VILLAGE OF ANTWERP TO ENTER INTO AN AGREEMENT FOR THE SUPPLY OF ELECTRICITY TO VILLAGE OWNED BUILDINGS, STREETLIGHTS, AND WELLS WITH CONSTELLATION NEWENERGY, INC. FOR A TERM OF EIGHTEEN (18) MONTHS COMMENCING ON MAY 1, 2023; AND DECLARING THE SAME AN EMERGENCY

WHEREAS, the Village of Antwerp, Ohio (the “Village”) and Constellation NewEnergy, Inc. currently are parties to an Ohio Electricity Supply Agreement for the purpose of the Village buying electricity delivered and used at the various buildings, streetlights, and wells owned by the Village and the same being supplied by Constellation NewEnergy, Inc. at a rate of $0.04253 per kilowatt hour, which agreement will expire on April 30, 2023; and

WHEREAS, the Village desires to enter into an agreement with Constellation NewEnergy, Inc. for the purpose of the Village buying electricity to be delivered and used at the various buildings, streetlights, and wells owned by the Village and the same supplied by Constellation NewEnergy, Inc. for an eighteen (18) month period commencing at the expiration of the current agreement (commencing on May 1, 2023), at the rate of $0.072310 per kilowatt hour; and

WHEREAS, in order to lock in this lower rate for the purchase and supply of electricity for the eighteen (18) month period commencing on May 1, 2023, the Village and Constellation NewEnergy, Inc. must enter into an agreement for the same as soon as practicable as the rates are changing daily.

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 an agreement for the supply of electricity 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, streetlights, and wells owned by the Village and the electricity being supplied by Constellation NewEnergy, Inc. at the rate of $0.072310 per kilowatt hour for an eighteen (18) month period commencing at the expiration of the current agreement (commencing on May 1, 2023).

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 lowest rate available for the delivery and use of electricity at the buildings, streetlights, 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: June _____, 2022.

____________________________________
Jan Reeb, Mayor of the
Village of Antwerp, Ohio
Attest:

______________________________
Aimee Lichty, Fiscal Officer