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05/22/2012 Resolutions 2012-130RESOLUTION 2012-130 WHEREAS, Grand Island Utilities Department currently buys and sells power via bilateral transactions; and WHEREAS, in 2014, a new Integrated Market will be deployed by the regional grid operator, Southwest Power Pool; and WHEREAS, it was determined that the best way for Grand Island to participate in this integrated market is via a third party; and WHEREAS, a Request for Proposal was developed and sent out to several companies, and it was determined that Tenaska of Arlington, Texas, offers the best marketing proposal; and NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the proposal submitted by Tenaska for Marketing Services for the Grand Island Utilities Department, is hereby approved. Adopted by the City Council of the City of Grand Island, Nebraska, May 22, 2012. Attest: t�.R.,.��1 C.�(�J�a� RaNae Edwards, City Clerk Approved as to Form II May21,2012 � City omey