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HomeMy WebLinkAboutRES 890256 - Revise Agmt Wholesale PowerRESOLUTION NO. OqO9617 A RESOLUTION TO APPROVE A REVISION TO AN EXISTING AGREEMENT BETWEEN THE CITY OF GEORGETOWN, TEXAS AND THE LOWER COLORADO RIVER AUTHORITY FOR CONSUMPTION OF WHOLESALE POWER, DATED JUNE 25, 1914, AND AUTHORIZING THE MAYOR TO EXECUTE THE SAME; WHEREAS, the City of Georgetown, Texas, is the major supplier of electrical utilities within its corporate limits; and WHEREAS, the City Council finds that safe and efficient distribution and production of electricity is essential to the operation of the City's Public Utilities Department; and WHEREAS, The Lower Colorado River Authority and the City of Georgetown have combined to create a five year planning criteria for electrical consumption levels within the City of Georgetown as shown on exhibit A and authorizing the Mayor Co execute the same; WHEREAS, The City Council has found that this action implements Utilities, Energy, Policy III of the Century Plan policy plan element and is not found to be inconsistent or in conflict with any other Century Plan policies as required by Section 2.03 of the administrative chapter of this policy plan; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS: Section I. That the City Council find the recitals set forth above are true and correct and are incorporated herein. Section II. That the City Council approves the changes to the June 25, 1974 Wholesale Power Agreement between the City of Georgetown and the Lower Colorado River Authority providing for five year projected consumption level as shown on exhibit A which is attached hereto and incorporated herein as a fully set forth at length; Section III. That the Mayor is hereby authorized to execute the Contract Documents and City Secretary to attest. PASSED AND APPROVED this oq'?/h day of ttlnu 198 V APPROVED: ATTEST: Mayor City Secretayl---"/