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05/08/2012 Resolutions 2012-124RESOLUTION 2012-124 WHEREAS, State Statute requires that public utilities in Nebraska provide its customers with adequate electric service at as low of an overall cost as possible, consistent with sound business practices; and WHEREAS, The Grand Island Utilities Department has taken an approach in its energy supply strategy to incorporate multiple facilities using a blend of fuel sources; and WHEREAS, due to developing environmental concerns, the State's utilities have been developing facilities with renewable energy sources, primarily wind generation, and Grand Island Utilities has participated in some of these projects to learn more of the details of wind generation costs and operational issues, and WHEREAS, to continue to provide the lowest overall cost power based on sound business practices, alternative or additional energy sources will need to be evaluated, and WHEREAS, a balanced energy portfolio should contain renewable energy sources. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF — THE CITY OF GRAND ISLAND, NEBRASKA, that the Utilities Department will evaluate potential renewable energy projects and provide to the Council recommendations for participation as needed to maintain a balanced energy portfolio. Adopted by the City Council of the City of Grand Island�Nebraska, May 8, 2012. Attest: t� c�_.. l,� RaNae Edwards, City Clerk /'�' . . c � ay avrice , Mayor Approved as to Form � May 8, 2012 II Ci orney