ORDINANCE AUTHORIZING THE MAYOR
TO SIGN A CONTRACT WITH ACADIAN GAS
PIPELINE FOR THE PURCHASE OF NATURAL
BE IT ORDAINED
by the City Council of the City of Thibodaux in regular session
the City has negotiated with Acadian Gas Pipeline to supply the
City with natural gas for a period of one year through June 30, 2006
with an option to continue the agreement for an additional one year
the rate charged the city would be that rate established by the
I.F. Henry Hub Index plus $0.43 per mmBtu; and
it is necessary to execute a contract with Acadian Gas Pipeline
in order to purchase gas for the period and cost mentioned hereinbefore.
THEREFORE BE IT ORDAINED by the City Council that the Mayor be
and is hereby authorized to execute a contract with Acadian Gas Pipeline
for the purchase of natural gas for the period ending June 30, 2006 as
IT FURTHER ORDAINED that a copy of the said contract is attached
hereto as "Exhibit A" and thereby made a part hereof.
The above ordinance having been submitted to a vote, the vote
And the above ordinance was declared adopted this ______ day of
Tommy Eschete, Council Adm.
Chad J. Mire , President