Section 106-520; Ord. 18682; Authorizing the City Manager to execute a unit power purchase agreement with the Missouri Joint Municipal Electric Utility Commission


Ordinance No.           18682                       Council Bill No.            B 332-05           

AN ORDINANCE

authorizing the City Manager to execute a unit power purchase agreement with the Missouri Joint Municipal Electric Utility Commission; and fixing the time when this ordinance shall become effective.

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBIA, MISSOURI, AS FOLLOWS:

    SECTION 1.    The City Manager is hereby authorized to execute a unit power purchase agreement with the Missouri Joint Municipal Electric Utility Commission for the purchase and sale of capacity and energy from the Iatan 2 unit.  The form and content of the agreement shall be substantially as set forth in "Exhibit A" attached hereto and made a part hereof as fully as if set forth herein verbatim.

    SECTION 2.    This ordinance shall be in full force and effect from and after its passage.

    PASSED this 6th day of September, 2005.