Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2024-224    Version: Name:
Type: Executive Session - Real Estate Matters Status: Passed
File created: 7/9/2024 In control: Board of Directors
On agenda: 8/16/2024 Final action: 8/16/2024
Title: Resolution - Approval of Purchase of Land in Williamson County - J Urban

Title

Resolution - Approval of Purchase of Land in Williamson County - J Urban

 

Other Info

Submitted by: JP Urban

Department: External Relations

Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session.

 

Discussion

The Cooperative will consider authorizing the purchase of real property located in Williamson County on such terms and conditions as further described in Schedule 1 as provided in Executive Session.

 

Body

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Cooperative approve the purchase of real property, subject to satisfaction of any terms as discussed by the Board during Executive Session of this meeting, with certain details of any such purchase to be publicly available upon public filing of instruments memorializing the transfer; and

 

BE IT FURTHER RESOLVED that the Chief Executive Officer or designee is authorized to take all such actions as needed to implement this resolution; and

 

BE IT FURTHER RESOLVED that this resolution supersedes and replaces any other resolution adopted by the Board with respect to the subject matter herein.