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S-1314 - 06/14/2011 - GOVERNMENT LEGISLATION - OrdinancesORDINANCE 2011 -GL- ELEC -S -1314 AN ORDINANCE AUTHORIZING AN ELECTRICITY AGGREGATION PROGRAM PURSUANT TO THE ILLINOIS POWER AGENCY ACT WHEREAS, the Illinois Power Agency Act, 20 ILCS 3855/1 -1 et seq. (the "Act"), authorizes the corporate authorities of a municipality to adopt an ordinance authorizing a program to aggregate electrical loads of residential and small commercial retail customers and to solicit bids and enter into service agreements to facilitate the sale and purchase of electricity and related services and equipment for those electrical loads ( "Program "); and WHEREAS, pursuant to Section 1 -92 of the Act, the Village may, if authorized by referendum, operate the Program as an "opt -out" program that applies to all residential and small commercial retail electrical customers who do not affirmatively choose not to participate in the Program; and WHEREAS, at the April 5, 2011 election, the public question of whether to authorize the Village to proceed with the Program as an "opt -out" program was presented to the electors of the Village, who voted to authorize the operation of the Program as an "opt -out' program; and WHEREAS, prior to soliciting bids and awarding proposed agreements for the provision of electricity and other related services pursuant to the Program, the Act requires the Village Board to adopt an ordinance authorizing the Program and to develop and approve a plan of operation for the Program ( "Plan of Operation "); and WHEREAS, pursuant to Section 1 -92 of the Act, the Village President and Board of Trustees must conduct two public hearings to consider and develop the Plan of Operation and are to receive assistance from the Illinois Power Agency in developing the Plan of Operation; and WHEREAS, the Village President and Board of Trustees have determined that it is in the best interests of the Village and its residents to adopt this Ordinance to authorize the Program and to direct the Village Manager to establish public hearings for the purpose of developing the Plan of Operation as provided in this Ordinance; NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS, as follows: Section 1: Recitals. The foregoing recitals are incorporated into, and made a part of, this Ordinance as the findings of the Village President and Board of Trustees. Section 2: Authorization of Electricity Aggregation Program. Pursuant to Section 1 -92 of the Illinois Power Agency Act, 20 ILCS 3855/1 -92, the Village President and Board of Trustees hereby authorize the establishment of an Electricity Aggregation Program as an "opt -out' program for the purpose of aggregating electrical loads of residential and small commercial retail electric customers in the Village. Section 3: Authorization and Direction to Consider Plan of Operation. The Village Manager is hereby authorized and directed to notice two public hearings for the purpose of allowing the Village President and Board of Trustees to develop and consider a Plan of Operation for the Program pursuant to the Act. Ordinance 2011 - Authorizing an Electricity Aggregation Program Pursuant to the Illinois Power Agency Act Page 2 of 2 Section 4: This Ordinance shall be in full force and effect from and after its passage, approval and publication as required by law. Ayes: APPROVED THIS 14`h day of June, 2011. President PASSED THIS 14th day of June, 2011. Trustees Aktipis, Manzo, Moy, Wolin, Yusuf and Zannis None None 7', EIT: Charlotte K. Pruss Village Clerk 2