Title
Resolution - Approval of Purchase of Land in Travis County - B Gedrich
Other Info
Submitted By: Brian Gedrich
Department: Engineering
Financial Impact and Cost/Benefit Considerations: As Discussed in Executive Session and outlined in the Term Sheet provided during Executive Session.
Discussion
The Cooperative will consider authorizing the purchase of real property located in Travis County, Texas as further described in the Term Sheet provided in Executive Session.
Body
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COOPERATIVE, that the Board approves 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.