Title
Resolution - Approval of Old Eighty-One Substation Construction Contract - J Greene
Other Info
Submitted By: Jonathan Greene
Department: Engineering
Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session.
Discussion
As part of the 2024 Capital Improvement Plan, approved by the Board in November 2023 (2023-333), Pedernales Electric Cooperative, Inc. (Cooperative) included a project to construct a new substation in the Kyle area. This project provides the ability to serve additional growth in the area, increases contingency to improve reliability, and offloads distribution circuits from Lehigh Substation, Kyle Substation, and Goforth Substation.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Cooperative is authorized to execute a construction contract to build a new substation in the Kyle area consistent with the discussion in Executive Session; 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.