Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2022-287    Version: 1 Name:
Type: Executive Session - Real Estate Matters Status: Passed
File created: 7/20/2022 In control: Board of Directors
On agenda: 7/15/2022 Final action: 7/15/2022
Title: Resolution - Approval of Purchase of Land in Kimble County - E Dauterive
Related files: 2022-245

Title

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

 

Other Info

Submitted By: 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 Kimble 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, that the Chief Executive Officer or designee is authorized to take all such actions as needed to implement this resolution.