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2020-18 - RATIFYING EXECUTION OF AN AGREEMENT WITH CONSTELLATION NEW ENERGY - GAS DIVISION FOR GAS SUPPLY SERVICES - 04/20/2020 RESOLUTION 2020- 18 A RESOLUTION RATIFYING EXECUTION OF AN AGREEMENT WITH CONSTELLATION NEW ENERGY—GAS DIVISION FOR GAS SUPPLY SERVICES WHEREAS, the Village of Buffalo is a home rule unit pursuant to the Illinois Constitution of 1970; and WHEREAS, the Village engaged Kenneth J. Kogut& Associates to monitor pricing for Natural Gas Supply and Service for the Village; and WHEREAS, it is in the best interest of the Village to execute an agreement with Constellation New Energy—Gas Division LLC. NOW THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS,as follows: SECTION 1. The foregoing recitals are hereby adopted and incorporated and made a part of this Resolution as if fully set forth herein. SECTION 2.The Village Board ratifies the execution of an extension to the agreement with Constellation New Energy—Gas Division LLC. SECTION 3. If any section, paragraph, clause or provision of this Resolution shall be held invalid, the invalidity thereof shall not affect any other provision of this Resolution. SECTION 4. This Resolution shall be in full force and effect from and after its passage and approval. AYES: 66—Stein, Weidenfeld Johnson Smith Pike NAYES: 0-None ABSENT: 0-None PASSED: April 20,2020 APPROVED: April 20, 2020 APPROVED: aLt4 Aljju� Beverly Suss Village President ATTEST: Jane . Sirabian,Village Clerk