Title
Resolution - Approval of Purchase of Land in Williamson County - C Powell
Other Info
Submitted By: Christian Powell
Department: Compliance & Regulatory
Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session.
Discussion
The Cooperative is considering the purchase of real property located in Williamson County, Texas on such terms and conditions as further described in Schedule 1 provided in Executive Session.
Body
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that the Cooperative is authorized to purchase real property in Williamson County as described in Schedule 1, subject to satisfaction of any terms as discussed by the Board during Executive Session, with certain details of any such purchase to be publicly available upon public filing of instruments memorializing the transfer; and
BE IT FURTHER RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE that all actions taken prior to the date herein by the officers and duly authorized agents of the Cooperative in connection with the subject of the foregoing, be ratified, confirmed, and approved; 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.