City Council

May 7, 2018 STATE OF ALABAMA, LIMESTONE COUNTY, CITY OF ATHENS. The City Council of the City of Athens, Alabama met in special session at the Athens Municipal Building, 200 Hobbs Street West in the said City on May 7, 2018, at 8:30 a.m. The meeting was called to order by Councilman Chris Seibert, President of the Council. Upon roll call the following were found to be present: Councilmember Chris Seibert, Harold Wales, Frank Travis and Wayne Harper. The Chairperson stated that a quorum was present and that the meeting was open for transaction of business. Councilman Wales introduced the following resolution: RESOLUTION NUMBER 2018-1575 A RESOLUTION AMENDING RESOLUTION NO. 2018-1573 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ATHENS, ALABAMA on May 7th, 2018 at 8:30 a.m. as follows: 1. Section 2 of Resolution No. 2018-1573 (entitled “A RESOLUTION OF THE CITY OF ATHENS, ALABAMA, AUTHORIZING THE PURCHASE OF NATURAL GAS FROM THE MUNICIPAL ENERGY ACQUISITION CORPORATION; APPROVING THE EXECUTION AND DELIVERY OF A GAS SALES CONTRACT RELATING TO SAID PURCHASE; AND CONSENTING TO THE ASSIGNMENT OF CERTAIN OBLIGATIONS UNDER THE GAS SALES CONTRACT IN CONNECTION WITH THE ISSUANCE OF BONDS BY THE SOUTHEAST ALABAMA GAS SUPPLY DISTRICT”) is hereby amended and restated as follows: 2. The Gas Sales Contract shall be in substantially the form submitted, which is hereby approved, with such completions, omissions, insertions, and changes as may be approved by the officers executing said Agreement, their execution to constitute conclusive evidence of their approval of any such completions, omissions, insertions and changes; provided, however, that the Gas Sales Contract shall not be for a term longer than 31 years, shall provide for a natural gas purchase obligation not to exceed an average of 3,500 MMBtu per day, and shall provide for a minimum projected discount, taking monthly and projected annual savings into account (the “Minimum Discount,” as defined in the Gas Sales Contract), of 15 cents ($0.15) per MMBtu. ADOPTED and APPROVED this, the 7th day of May, 2018. /s/ Chris Seibert PRESIDENT, CITY COUNCIL,  CERTIFICATION OF CITY CLERK STATE OF ALABAMA ) LIMESTONE COUNTY ) I, Annette Barnes, City Clerk of the City of Athens, Alabama, do hereby certify that the above and foregoing is a true and correct copy of a Resolution duly adopted by the City Council of the City of Athens, Alabama, on the 7th day of May, 2018. Witness my hand and seal of office this 7th day of May, 2018. ____________________________________ Annette Barnes, City Clerk The motion was seconded by Councilman Travis and was unanimously carried. * * * There being no further business to come before the meeting, the same was, upon motion by Councilman Travis and seconded by Councilman Wales, duly and properly adjourned. /s/ Chris Seibert PRESIDENT, CITY COUNCIL ATTEST: /s/ Annette Barnes CITY CLERK