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HomeMy WebLinkAbout~Master - Coal Transportation Contract with Williams Bulk Transfer, Inc. RESOLUTION NO. 04-327 RESOLUTION APPROVING THE FIVE-YEAR COAL TRANSPORTATION CONTRACT WITH WILLIAMS BULK TRANSFER,INC. FOR THE CITY OF AMES WHEREAS, the current coal contract with Cargill Power Markets, LLC,providing for both the supply and transportation of coal to the Ames Power Plant, expires on August 30, 2004; and, WHEREAS,in anticipation ofthis deadline,the Electric Services Department sought proposals for these two services; and, WHEREAS,on May 11,2004,the City Council approved a new five-year coal supply contract with Peabody COALTRADE, Inc.; and, WHEREAS,after reviewing the two proposal received by the City,the City Council authorized the staff, on March 23, 2004, to negotiate a five-year coal transportation agreement with Williams Bulk Transfer, Inc. (a division of Alliant Energy Transportation Company); and, WHEREAS,the proposed agreement includes provisions for the rail transportation of the coal from Wyoming to Williams, Iowa, as well as the trucking of the coal from Williams to the Ames Power Plant; and, WHEREAS,this agreement requires the Utility to purchase at least 225,000 tons of coal each year; and, WHEREAS, given the anticipated benefits derived from securing a source of coal over an extended period at a relatively stable cost,approval of this agreement is the preferred course of action. NOW,THEREFORE,BE IT RESOLVED by the City Council ofthe City ofAmes,Iowa, that the five-year Coal Transportation Agreement with Williams Bulk Transfer,Inc., is hereby approved. ADOPTED THIS 27th day of July, 2004. Diane R. Voss, City Clerk Ted Tedesco, Mayor Introduced by: Wirth Seconded by: Mahayni Voting aye: Goodhue, Goodman, Mahayni, Vegge, Wirth Voting nay: None Absent: Cross Resolution declared adopted and signed by the Mayor this 27ffi day of July, 2004.