HomeMy WebLinkAboutRES 081120-A - Agrmt Shell EnergyRESOLUTION NO. O$ )) & - k
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, AUTHORIZING THE MAYOR TO
EXECUTE AMENDMENT NO. 1 TO THE ENERGY MANAGEMENT
AND QUALIFIED SCHEDULING ENTITY SERVICES AGREEMENT
WITH SHELL ENERGY NORTH AMERICA (US), L.P AND
ESTABLISHING AN EFFECTIVE DATE.
WHEREAS, the City of Georgetown ("City") and Shell Energy North America
(US) LP ("Shell") previously entered into an Energy Management and Qualified
Scheduling Entity Services Agreement on December 11, 2019 ("Agreement"); and
WHEREAS, the City and Shell wish to amend certain terms of the Agreement.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF GEORGETOWN TEXAS:
SECTION 1. The facts and recitations contained in the preamble of this
Resolution are hereby found and declared to be true and correct, and are incorporated
by reference herein and expressly made a part hereof, as if copied verbatim.
SECTION 2. The Mayor is hereby authorized to execute Amendment No. 1 to
the Energy Management and Qualified Scheduling Entity Services Agreement with
Shell Energy North America (US), L.P., and other documents necessary pursuant to said
Amendment.
SECTION 3. The Mayor is authorized to sign this Resolution and the City
Secretary to attest.
SECTION 4. This Resolution shall become effective and be in full force and effect
upon execution by the Mayor.
Resolution No. 4- V I t c'C.! r% Page 1 of 2
Subject. Authorizm' Execativn of Amendment No. 1 Energy Management Agreement with Shell
Date Approved X f i - U-Z-0
PASSED AND APPROVED on the �_ day of W6+ 2020.
ATTEST:
Robyn Densmore, City Secretary
APPROVED AS TO FORM:
Sky ss , City Attorney
CITY OF GEORGETOWN, TEXAS
By: Af, W w
Dale Ross, Mayor
Resolution No. Page 2 of 2
Subject: Authorizing EXeClltiOn of Amendment No. 1 Energy Management Agreement with Shell
Date Approved. Vb - l � —UU�
AMENDMENT NO. 1 TO ENERGY MANAGEMENT AND QUALIFIED SCHEDULING
ENTITY SERVICES AGREEMENT
This Amendment No. 1 to Energy Management and Qualified Scheduling Entity Services
Agreement (this "Amendment No. 1 ") is made and entered into on August , 2020 and effective as of
October 1, 2020, by and between SHELL ENERGY NORTH AMERICA (US), L.P., a Delaware limited
partnership ("Shell Energy") and CITY OF GEORGETOWN, TEXAS ("Georgetown"). Shell Energy and
Georgetown are sometimes hereinafter referred to each individually as a "Party" and collectively as the
"Parties".
WITNESSETH:
WHEREAS, the Parties have previously entered into that certain Energy Management and
Qualified Scheduling Entity Services Agreement dated as of December 11, 2019 (the "Agreement");
WHEREAS, the Parties wish to amend certain terms of the Agreement;
NOW THEREFORE, in consideration of the mutual promises and covenants contained herein,
GVEC and Shell Energy hereby agree as follows:
1. All references in the Agreement to the "Agreement" shall mean the Agreement, as amended by
this Amendment No. 1. All defined terms used herein shall have the meanings given such terms
in the Agreement unless otherwise defined herein.
2. Section 6 of the Agreement, EMA Fees, is amended by deleting "1. Load QSE and Energy
Management Services: $12,000 per month" under "Service Fee" and replacing it with "1. Load
QSE and Energy Management Services: $19,000 per month'.'.
3. Section 8 of the Agreement, Cost Savings Sharing, is amended to read "Total Budgeted
Purchase Power Cost".
4. Section 8(a) of the Agreement is amended by deleting subclause (ii).
5. Section 8(e) the Agreement, Cost Savings Share, is deleted in its entirety.
6. The remaining provisions of the Agreement shall remain in full force and effect, without
modification.
{signature page follows}
IN WITNESS WHEREOF, this Amendment is executed as of the date first set forth above and is
effective as of October 1, 2020.
SHELL ENERGY NORTH AMERICA (US) L.P.
Name:
Title:
CITY OF GEORGETOWN, TEXAS
By: d 't" C��
Name: 5
Title: