Meeting Time: April 13, 2022 at 4:00pm PDT
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Agenda Item

V.-5 22-0632 Approval by the Board of Education of Resolution No. 2122-0212 - Declaring the Futility of Public Bidding for Electricity Service and Approving a Contract for that Purchase, the Electricity Service Agreement by and between the District and East Bay Community Energy Authority, Oakland, CA, for the latter to provide favorable, fixed electricity rates discounted from EBCE's standard electricity rates for the District's direct access-eligible electric energy services agreements as consideration for the District's long-term commitment as an electricity customer of EBCE, with an Initial Term to begin on May 1, 2022, and end on April 30, 2024, for a two (2) year total amount not to exceed $1,500,000 to $2,500,000 for the Initial Term, a non-binding estimate based on the District's historic electricity usage trend; if the District's electricity usage increases significantly during the Initial Term, the range would similarly increase.