Title
A Resolution accepting the bid of Centerpoint Energy Services, establishing a Fixed Price Contract for natural gas supplied pursuant to Columbia Gas of Ky., Inc.’s Delivery Service Tariff, at a price not to exceed NYMEX plus $0.21 per Decatherm, for the Div. of Community Corrections, and authorizing the Mayor, on behalf of the Urban County Government, to execute any necessary Agreement related to the bid. [Div. of Community Corrections, Ballard]
Summary
Authorization to enter into a two year contract for natural gas supplied under Columbia Gas of Kentucky’s Delivery Service tariff as long as the price does not exceed NYMEX plus $.35Dth. (L488-12) (Ballard/Mason)
This is a request to enter into a two year contract beginning August 1, 2012 for natural gas supplied under Columbia Gas of Kentucky’s Delivery Service tariff as long as the price does not exceed NYMEX plus $.35Dth. The fiscal impact for FY2013 will be $240,000. Funds are budgeted.
Budgetary Implications: Yes
Advance Document Review: Law/Risk Management
Fully Budgeted: Yes
Account Number:1101-505401-5411-72102
This Fiscal Year Impact: $ 0.00
Annual Impact: $ 240,000
Project:
Activity:
Budget Reference: 2013
Current Balance: FY 2013 Mayor’s Proposed Budget amount is $334,910
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That the bid of Centerpoint Energy Services, establishing a fixed price contract for Natural Gas supplied pursuant to Columbia Gas of Kentucky, Inc.’s delivery service tariff, at a price not to exceed NYMEX plus $0.21 per Decatherm, for the Division of 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, and that the Mayor, on behalf of the Lexington-Fayette Urban County Government, is hereby authorized to execute any necessary agreement related to the bid.
Section 2 - That this ...
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