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The co»tractillg process for the blend and extend agreement is exactly like the process used in the <br />last several contracting periods. The City Council would need to approve the attached resolution in order <br />to enter into an amended agreement with Next Era. <br />PLEASE NOTE: Passage of the attached resolution does not guarantee that the Next Era <br />contract will be extended. That will only happen if the TCAP Board concludes that significant near-tenn <br />savings and fixed prices wi11 result. Passage of a resolution just ensures Paris the right to participate in <br />the blend and extend agreement, if it is finalized, approved, and recammended by the TCAP Board. <br />151 <br />