May 14, 2015 - Special Meeting

Special Meeting of the City Council
Thursday, May 14, 2015, ~ 5:30 p.m.
Council Chambers
Municipal Administration Building, 306 E. Colonial Avenue
Elizabeth City, NC
Agenda


1. Call Meeting To Order

2. Invocation

3. Pledge of Allegiance

4. Agenda Approval

5. Discussion – To deliberate the Adoption of an Ordinance that:
     • Approves the sale of the North Carolina Eastern Municipal Power Agency (NCEMPA) generating assets to Duke Energy Progress (DEP); and
     • Approves the execution of three contracts between NCEMPA and Elizabeth City, as follows: Power Sales Agreement Termination Agreement,   Full Requirements Power Sales Agreement and Debt Service Support Contract
     • (PLEASE NOTE: No action will be taken during this meeting. Action is deferred until after the required Public Hearing is held on May 26, 2015 at 7:30 p.m.)

6. Adjournment