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A RESOLUTION ~RIZING THE CITY MANAG~ TO SION A CONTRACt WI~4 <br />ViRGINTA ~.~ur~IC A~D POWER CC~PANY FOR ~4E ~ OF ~.~;n~ICITZ igAD <br />~T.VCi2IC SERVICES FOR Tii~ CITY OF PO~. <br /> <br /> WHEREAS, the current contract between the City and. Virginia Elec- <br />tric and Power C~any for electricity and electric service has expired; <br /> <br /> NHE~FAS, the terms of a new agreement with Virginia Electric and <br />Power C~nny for the period of July 1, 1976 to June 30,- 1979 have been <br />negotiated as set forth in the agreement for %he purchase of electricity <br />and electric services by municipalities and counties of the C~Luonwealth <br />of Virginia dated April 29, 1977, and are hereby approved. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED by the Council of the City of <br />Portsmouth, Virginia, that the City Manager be, and he hereby is, <br />authorized to sign a contract with Virginia Electric and Power Ou~gany <br />for the purchase of electricity and electric services for the City of <br />Portsmouth. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia, ara <br />meeting held June 14, 1977. <br /> <br />City Clerk <br /> <br /> <br />