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Board recommends renewal of natural gas purchasing and price risk management agreement
Summary
The board voted 4-0, with Member Wilson absent, to recommend City Council authorize staff to renew and extend the Natural Gas Purchasing and Price Risk Management Agreement with Houston and Associates after an overview by Jeff Shanahan.
Jeff Shanahan gave an overview of the Natural Gas Purchasing and Price Risk Management Agreement with Houston and Associates and answered board questions. Member Taylor moved and Member Fryklind seconded a recommendation to City Council to authorize staff to renew and extend the agreement; the motion carried 4-0 with Member Wilson absent.
The transcript records this action as a recommendation to City Council rather than final approval; staff will proceed to place the renewal on the council agenda for final authorization. The board did not record any dissenting votes among present members.
