Title
Resolution - Approval of Authorization for Initiation of Litigation - D Ballard
Other Info
Submitted By: Don Ballard
Department: General Counsel
Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session.
Discussion
The Cooperative may consider initiation of litigation against a governmental entity on the terms discussed this day in Executive Session and permit the Chief Executive Officer, its General Counsel or designees to pursue such litigation.
Body
WHEREAS, the Cooperative is a member-owned electric cooperative that institutes cost-based rates for its members;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE, that the Cooperative is authorized to initiate litigation against Capital Metropolitan Transportation Authority on the terms as described in Executive Session; and
BE IT FURTHER RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE, that the Chief Executive Officer, the General Counsel, or designees, each, is authorized to take all such other actions necessary to implement this resolution.