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CASE # <br />CONSIDER APPROVING <br />MUTUAL RELEASE AGREEMENT <br />• WITH CONNEXUS ENERGY <br />By: William K. Goodrich, City Attorney <br />Background: <br />As Council is aware, the City has directed that the utility billing agreement the City has with <br />Connexus dated October 13, 1999, be terminated. Staff has negotiated a Mutual Release Agreement <br />with Connexus which provides for the termination, outlines the terms of transition and requires <br />Connexus to provide three quarters of billing services to the City, at no cost. The Mutual Release <br />Agreement is attached for Council's review. <br />Enclosure: <br />Mutual Release Agreement <br />Recommendation: <br />Staff recommends that the City Council enter into this agreement. <br />Funding Source: <br />• Connexus, per the October 1999 agreement, is obligated to pay all expenses incurred in <br />transitioning the utility billing to the City's new billing service. Therefore, this action requires no <br />City funding. <br />Council Action: <br />Motion to enter into the attached Mutual Release Agreement with Connexus Energy and to direct <br />the Mayor and City Administrator to execute said agreement. <br />Reviewed by: <br />City Administrato <br />City Finance Offic <br />City Attorney <br />CC: 02/12/08 <br />