HomeMy WebLinkAboutRESO 8040~ I
RESOLUTION NO. 8040
RESOLUTION OF THE COUNCIL OF THE CITY OF PALO
ALTO AUTHORIZING THE CITY MANAGER TO EXECUTE THE
ENFOLIO® MASTER FIRM PURCHASE/SALE AGREEMENT
WITH ENRON NORTH AMERICA CORP .
. WHEREAS, the City of Palo Alto ("City") is a municipal
corporation and a charter city, duly and validly created,
organized and existing under the constitution and. laws of the
State of California;
WHEREAS, the City has the full legal right, power and
authority to execute contracts for the purchase of electricity
and natural gas under California law, the Charter of the City of
Palo Alto and the Palo Alto Municipal Code;
WHEREAS, the
Enron North American
utility customers;
City wishes to procure natural
Corp. (" Enron") for consumption
gas
by
from
its
NOW, THEREFORE, the Council of the City of Palo Alto
does hereby RESOLVE as follows:
SECTION 1. The Council hereby authorizes the City
Manager to execute the Enfolio® Master Firm Purchase/Sale
Agreement ("Agreement") and related exhibits ~ith Enron, and to
undertake all actions necessary, to exercise its rights and
perform its obligations, under the Agreement.
II
II
II
II
II
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010320 syn 0071988
SECTION 2. The Council finds that the adoption of this
resolution does not constitute a project under the California
Environmental Quality Act and the CEQA Guidelines and,
therefore, no environment assessment is required.
INTRODUCED AND PASSED: March 12, 2001
AYES: BEECHAM, BURCH, FAZZINO, LYTLE, OJAKIAN, WHEELER
NOES:
ABSENT: EAKINS, KLEINBERG, MOSSAR
ABSTENTIONS:
APPROVED AS TO FORM:
b~
Senior Asst. City Attorney
010320 syn 0071988