* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*
CITY OF BALTIMORE
COUNCIL BILL R
(Resolution)
Introduced by: President Dixon, Councilmembers Young, Kraft
A RESOLUTION ENTITLED
A COUNCIL RESOLUTION concerning
Title
Baltimore Municipal Electric Company - Preliminary Feasibility Study - Funding
FOR the purpose of requesting the Director of Finance to identify a funding source to advertise Request For Proposals (RFPs ) for qualified engineering and law firms to perform a preliminary feasibility study of establishing a Baltimore City municipal public power utility.
Body
Recitals
On Wednesday, June 28, 2006, the City Council Committee of the Whole heard testimony on Council Bill 06-0160R- Investigative Hearing - Publicly Owned Municipal Electric Company - for the purpose of exploring, with the expertise of the Departments of Finance and Public Works, the feasibility of developing a publicly owned municipal electric utility to provide service to Baltimore City residents at a more reasonable rate than the expected increased rate that current service providers will offer.
The Department of Finance presented testimony that a study of municipal electric aggregation, the method by which the local government buys electric power on behalf of consumers within their borders, should include: (1) analysis of types of electric purchasing and risk tolerance to consumers; (2) in-depth comparison of aggregation options; (3) study of leverage and cost of adding green energy to purchases; (4) investigation of legal authority; (5)...
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