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HomeMy WebLinkAbout029085 RES - 05/31/2011A RESOLUTION AUTHORIZING THE CITY MANAGER, OR THE CITY MANAGER'S DESIGNEE, TO EXECUTE A FIVE-YEAR NATURAL GAS SUPPLY CONTRACT WITH NATIONAL ENERGY & TRADE, LP, FOR THE PURCHASE OF 100% OF THE CITY'S NATURAL GAS REQUIREMENT FROM JULY 1, 2011, TO JULY 1, 2016. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS, THAT: SECTION 1. The City Manager, or the City Manager's designee, is authorized to execute a five-year natural gas supply contract with National Energy & Trade, LP, for the purchase of 100% of the City's natural gas requirement from July 1, 2011, to July 1, 2016. ATTEST: CITY OF CORPUS CHRISTI Armando Chapa Joeie a -( City Secretary Mayor APPROVED: May 19, 2011 49, df II Iiza•/ h R. Hundley Assis ant City Attorney for the City Attorney EHres287 Gas Supply Agmt 20110519 Page 1 of 2 029085 INDEXED Corpus Christi, Texas 2/5 -L --day ofA/tair, 2011 The above resolution was passed by the following vote: Joe Adame Chris N. Adler Larry Elizondo, Sr. Kevin Kieschnick Priscilla G. Leal John E. Marez Nelda Martinez (I Mark Scott /447—A, Linda Strong --A46dr-1 EHres287 Gas Supply Agmt 20110519 O?9O85 Page 2 of 2 CITY OF CORPUS CHRISTI CERTIFICATION OF FUNDS (City Charter Article IV, Sections 7 & 8) I, the Director of Financial Services of the City of Corpus Christi, Texas (or his/her duly authorized representative), hereby certify to the City Council and other appropriate officers that the money required for the current fiscal year's portion of the contract, agreement, obligation or expenditure described below is in the Treasury to the credit of the Fund specified below, from which it is to be drawn, and has not been appropriated for any other purpose. Future payments are subject to annual appropriation by the City Council. City Council Action Date: Agenda Item: A resolution authorizing the City Manager, or the City Manager's designee, to execute a five year natural gas supply contract with National Energy & Trade, LP, for the purchase of 100% of the City's natural gas requirement from July 1, 2011 to July 1, 2016. Amount Required: $,981,340 Fund Name Account No. Fund No. Org. No. Project No. Amount Natural Gas Purchases 4130 34100 520200 $981,340 Total $981,340 ❑ Certification Not Required Aft Pip),,„/ (--ci Director of Financial Services Date: r' I 9 - i