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Section 2. That City Manager Michael E. Malone is hereby charged to confirm that: (a) the <br />winning bid to supply CAPP's load will economically benefit the City when measured against service <br />from the affiliated REP of the incumbent utility and (b) to work with CAPP in the finalization of the <br />contracting process and commitment of specific electric accounts of the City to the aggregated load. <br /> <br /> Section 3. That City Manager Michael E. Malone is authorized to sign the necessary power <br />supply contracts or agreements ratifying the City's participation in CAPP after confirming economic <br />benefit to the City. <br /> <br />Section 4. That this resolution shall be effective from and after its date of passage. <br /> <br />PASSED AND APPROVED this 10th day of September, 2001. <br /> <br />Michael J. Pfiester, Mayor <br /> <br />ATTEST: <br /> <br />Mattie Cunningham, City Clerk <br /> <br />APPROVED AS TO FORM: <br /> <br />Larry W. Schenk, City Attorney <br /> <br /> <br />