Title
Resolution - Determination and Approval of Necessity and Public Use for Acquisition of Easements for the Wirtz to Mountain Top Transmission Line Rebuild and Upgrade; and Authorization of the Cooperative to Use Eminent Domain to Acquire Property for the Wirtz to Mountain Top Transmission Line Rebuild and Upgrade - P Lochte
Other Info
Submitted By: Audri Nelson
Department: Engineering
Financial Impact and Cost/Benefit Considerations: As discussed in Executive Session
Discussion
The Cooperative will consider the necessity and public use for acquisition of easements located in Blanco and Burnet Counties, Texas for a transmission line rebuild and upgrade from Wirtz to Mountain Top substations (the "Wirtz to Mountain Top Project") and acquisition of the said property through eminent domain proceedings. Pedernales Electric Cooperative, Inc. ("PEC" or the "Cooperative") is a Texas electric cooperative corporation. PEC finds it is necessary to acquire easements in order to carry out its purposes authorized by the Texas Utilities Code and other applicable law. The properties are more particularly described in Exhibit "A," attached hereto (collectively, the "Property") and such Exhibit A to be publically available at such time as such transfers have occurred or as otherwise determined. PEC has determined that the Wirtz to Mountain Top Project is necessary for a transmission line rebuild and upgrade for its electric utility system serving its members and the electric grid for the State of Texas. PEC has delivered initial offers, in accordance with Chapter 21 of the Texas Property Code, to affected landowners. In the event PEC is unable to acquire the easement interests in the Wirtz to Mountain Top Project through negotiation and purchase, the Cooperative will seek to acquire the Property through its power of eminent domain.
Body
WHEREAS, the Board of Directors of PEC, pursuant to Texas Utilities Code, Section 161.125 and Chapter 21 of the Texas Property C...
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