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Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2023-157    Version: Name:
Type: Executive Session - Real Estate Matters Status: Passed
File created: 4/20/2023 In control: Board of Directors
On agenda: 5/19/2023 Final action: 5/19/2023
Title: Resolution - Approval of Purchase of Land in Burnet County - E Dauterive

Title

Resolution - Approval of Purchase of Land in Burnet County - E Dauterive

 

Other Info

Submitted By: Cody Moos on behalf of Eddie Dauterive

Department: Facilities and Real Estate

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

 

Discussion

The Cooperative will consider authorizing the purchase of real property located in Burnet County, Texas on such terms and conditions as further described in Schedule 1 as 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 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; and

 

BE IT FURTHER RESOLVED, that his resolution supersedes and replaces any other resolution adopted by the Board with respect to the subject matter herein.