Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2023-367    Version: Name:
Type: Executive Session - Contract and Competitive Matters Status: Passed
File created: 11/15/2023 In control: Board of Directors
On agenda: 12/15/2023 Final action: 12/15/2023
Title: Resolution - Approval of the Materials Alliance Contracts - K Jones/V Maldonado

Title

Resolution - Approval of the Materials Alliance Contracts - K Jones/V Maldonado

 

Other Info

Submitted By: Kat Jones

Department: Finance

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

 

Discussion

The Cooperative previously approved two (2) alliance agreements vendors in January 2017 (2017-9) and executed an additional material alliance contract in December 2021 (2021-460).

 

Body

BE IT RESOLVED BY THE BOARD OF DIRECTORS that the Chief Executive Officer, or designee, is hereby authorized and directed to negotiate, execute, and deliver a 5-year period contract with the vendors as described in Executive Session in the amount described therein; and

 

BE IT FURTHER RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Chief Executive Officer, or designee, is authorized to take all such other actions necessary to implement this resolution.