Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2021-473    Version: 1 Name:
Type: Executive Session - Legal Matters Status: Passed
File created: 11/22/2021 In control: Board of Directors
On agenda: 11/19/2021 Final action: 11/19/2021
Title: Resolution - Amendment to Approval of Purchase of Land in Hays County - E Dauterive
Related files: 2021-416

Title

Resolution - Amendment to Approval of Purchase of Land in Hays County - E Dauterive

 

Other Info

Submitted By: Renee Oelschleger on behalf of Eddie Dauterive

Department: Chief Operations Officer

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

 

Discussion

The Cooperative will consider authorizing an amendment to previously approved resolution 2021-120 for the purchase of real property located in Hays County, Texas as further described in the Term Sheet 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.