AGENDA ITEM SUMMARY
Consider approval to allow MEAG Power to continue, as in years past, to make voluntary deposits of off-system energy sales into the City of Griffin Flexible Short Term Portfolio and authorize Chairperson/City Manager to complete election form for same. Electric Director Bill Bosch will address.
SPECIAL CONSIDERATIONS OR CONCERNS: |
100% of those funds are designated for deposit into the Flexible Short Term Portfolio for the power supply year 2016.
Staff Recommends approval.
As normal voluntary monthly sales occur during the power supply year 2016, those amounts will be 100% deposited into the Short-Term Portfolio Flexible Operating Account. Any outside sales by the Electric Director will be directed by individual agenda items. |