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CITY OF SEWARD,ALASKA
RESOLUTION 2020-022
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, AUTHORIZING THE CITY MANAGER TO ENTER INTO
AN AGREEMENT WITH FINANCIAL ENGINEERING COMPANY FOR
AN ELECTRIC RATE STUDY IN AN AMOUNT NOT TO EXCEED
$39,850,AND APPROPRIATING FUNDS
WHEREAS, the City desires to ensure that electric rate payers are not paying too much
for their electric rates; and
WHEREAS, the City desires to ensure the utility is sufficiently collecting revenues to
cover expenses; and
WHEREAS, the City would like to investigate the impacts and implementation of an
industrial rate class; and
WHEREAS, Financial Engineering Company has performed rate studies for the Electric
Utility Department during the previous two budget cycles and has familiarity with Seward's
unique circumstances, such as transitioning to the seasonal rate and the Cost of Power
Adjustment(COPA)rate design; and
WHEREAS, this resolution complies with Seward City Code SCC 6.10.115 and
6.10.120.8 which allows the exemption of competitive procurement procedures for professional
services, including financial consultation.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF SEWARD,ALASKA that:
Section 1. The City Manager is hereby authorized to enter into an agreement with
Financial Engineering Company for an Electric Rate Study in an amount not to exceed of
$39,850, and appropriating funds.
Section 2. Funding in the amount of $39,850 is hereby appropriated from the Electric
Enterprise account no. 15000-3000-7009.
Section 3. The Seward City Council hereby finds that it is in the public's interest to
exempt from competitive procurement these services.
Section 4. This resolution shall take effect immediately upon adoption.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this
23rd day of March, 2020.
CITY OF SEWARD, ALASKA
RESOLUTION 2020-022
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THE CITY OF SEWARD, ALASKA
FAILED
Christy Terry, Mayor
AYES: Osenga
NOES: Baclaan, Crites, McClure, Butts, Seese,Terry
ABSENT: None
ABSTAIN: None
ATTEST:
Brenda J. Ballou, MMC
City Clerk
(City Seal) r
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