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G61-11 Ordinance No. G61-11 AN ORDINANCE PROVIDING FOR THE SUBMISSION TO THE ELECTORS OF THE CITY OF ELGIN; KANE AND COOK COUNTIES, THE QUESTION WHETHER THE CITY SHOULD HAVE THE AUTHORITY UNDER 20 ILCS 3855/1-92 TO ARRANGE FOR THE SUPPLY OF ELECTRICITY FOR ITS RESIDENTIAL AND SMALL COMMERCIAL RETAIL CUSTOMERS WHO HAVE NOT OPTED OUT OF SUCH PROGRAM WHEREAS, on January 1, 2010, the Illinois Power Agency Act, Chapter 20, Illinois Compiled Statutes, Act 3855, was amended to include Section 1-92 entitled Aggregation of Electrical Load by Municipalities and Counties (hereinafter referred to as the "Act"); and WHEREAS, under the Act if the City of Elgin ("City") seeks to operate the aggregation program under the Act as an opt-out program for residential and small commercial retail customers, then prior to an adoption of an ordinance to establish a program, the City must first submit a referendum to its residents to determine whether or not the aggregation program shall operate as an opt-out program for residential and small commercial retail customers. If the majority of the electors voting on the question vote in the affirmative, then the city council may implement an opt-out aggregation program for residential and small commercial retail customers: and WHEREAS, the city council of the City hereby finds that it is in the best interest of the City of Elgin to operate the aggregation program under the Act as an opt-out program and to submit the question to the electors in a referendum pursuant to the Act. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, as follows: Section 1. The city council of the City of Elgin finds that the recitals set forth above are true and correct and incorporates the recitals into and as part of this ordinance. Section 2. The city council finds and determines that it is in the best interests of the City of Elgin to operate the aggregation program under the Act as an opt-out program. Section 3. The city clerk of the City of Elgin is directed to immediately certify and submit the following question to all appropriate election authorities to be placed on the ballot for the general election to be held on March 20, 2012, in the following form: Shall the City of Elgin have the authority to YES arrange for the supply of electricity for its residential and small commercial retail customers NO who have not opted out of such program? Section 4. In the event such question is approved by a majority of the electors voting on the question at the regular election on March 20, 2012; the City Council may implement an opt-out aggregation program for residential and small commercial retail customers and if the City Council adopts the program the City shall comply with all the terms and provisions of the Act. Section 5. That this ordinance shall be in full force and effect upon its passage and approval in the manner provided by law. r David J. Ka ain, ayor Presented: December 21, 2011 Passed: December 21, 2011 Vote: Yeas: 7 Nays: 0 Recorded: December 21, 2011 Published: December 22, 2011 • r Attest: Az��fA�� Kimberly Dewis; eity Clerk i