Title
A Resolution accepting the bid of Constellation Newenergy - Gas Div., LLC, establishing a price contract for natural gas supplied pursuant to Columbia Gas of Ky., Inc.’s delivery service tariff, in an amount not to exceed the Natural Gas price at the time of requested delivery based on rates established by the New York Mercantile Exchange (NYMEX) plus $0.00 per decatherm for a term not to exceed 24 months, for the Div.s of Waste Management and Community Corrections; and accepting the bid of Constellation Energy Gas Choice, LLC, establishing a price contract for the supply of natural gas under the SVGTS Tariff (Columbia Gas of Ky., Inc.) At multiple Lexington-Fayette Urban County Government facilities, contingent upon a fixed price not to exceed $4.85 per Mcf for a period of up to 36 months, and authorizing the Mayor, on behalf of the Urban County Government, to execute any documents related to the bids. [Dept. of Environmental Quality and Public Works, Albright]
Summary
Authorization to approve three price contracts for the supply of natural gas, including one CHOICE Contract, and two Delivery Service Contracts within the Division of Environmental Services. Funds are Budgeted. (L0392-20) (Plueger/Albright)
Budgetary Implications [select]: Yes
Advance Document Review:
Law: {Yes, Barberie}
Risk Management: {No}
Fully Budgeted [select]: Yes
Account Number:
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance:
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the bid of Constellation NewEnergy - Gas Division, LLC, establishing a price contract for Natural Gas supplied pursuant to Columbia Gas of Kentucky, Inc.’s delivery service tariff, in an amount not to exceed the Natural Gas price at the time of requested delivery based on rates established by the New York Mercantile Exchange (NYMEX) plus $0.00 per dekatherm for a term not to exceed 24 months, for the Divisions of Waste Management and Community Corrections, be and hereby is accepted and approved as to the specifications and amounts set forth in the terms of the bid, which is attached hereto and incorporated herein by reference.
Section 2 - That the bid of Constellation Energy Gas Choice, LLC, establishing a price contract for the supply of Natural Gas under the SVGTS tariff (Columbia Gas of Kentucky, Inc.) at multiple Lexington-Fayette Urban County Government Facilities, contingent upon a fixed price not to exceed $4.85 per Mcf for a period of up to 36 months, be and hereby is accepted and approved as to the specifications and amounts set forth in the terms of the bid, which is attached hereto and incorporated herein by reference.
Section 3 - That the Mayor, on behalf of the Lexington-Fayette Urban County Government, is hereby authorized to execute any documents related to the bids.
Section 4 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL: