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City council approves payment of $269K for ancillary service charges

The Brownwood City Council on Tuesday approved making a one-time payment of $269,238.54 to ERCOT for ancillary service charges. The impact of the February winter storm resulted in high ancillary services costs that are billed to the City under its agreement with Gexa Energy. The council was presented three options of payment: Pay the entire amount by June 4, 2021. Pay the charges monthly beginning with the invoice for June 2021 usage and continuing through December 2022. The monthly additional charge would be $14,493.63. This amount over the term would cost the city a total of $275,389.42, which includes interest in the amount of $6,150.88. Pay the charges monthly beginning with the invoice for June 2021 usage and continuing through December 2028. The monthly additional charge would be $4,049.08 and would cost the city a total of $368,466.28, which includes interest in the amount of $99,227.74.

BMDD Board to Meet Tuesday

Sales Tax – Paid in April Unemployment numbers Project Updates and Activity Item  7.  The BMDD Board may convene into a closed executive session in the        Haynes Conference Room, pursuant to the provisions of the Open Meetings Law, Chapter 551, Government Code Vernon’s Annotated, in accordance with the authority contained in the following section: Section 551.071 – Consultation with Attorney Section 551.087 – Deliberations regarding economic development negotiations Discussion regarding a Building Improvement Incentive Program (BIIP) grant application for a downtown business. Discussion regarding a Building Improvement Incentive Program (BIIP) grant application for a downtown location with multiple commercial tenants. Discussion regarding a Building Improvement Incentive Program (BIIP) grant and infrastructure incentive for a new business.

Brownwood City Council Schedules Tuesday Meeting

5. Introductions, Announcements, and Recognitions 6. Citizen Presentations Any citizen who desires to address the City Council on a matter not included on the agenda may do so at this time. The City Council may not deliberate on items presented under this agenda item. To comply with the provisions of the Open Meetings Act, the Council respectfully requests that prior to addressing Council that each person submit a citizen presentation form that is located at the entryway to the Council Chambers, stating your name, address, and topic of presentation. All presentations are subject to a five (5) minute time limit. 7. Approval of Minutes

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