Pedernales Electric Cooperative – Board of Directors Meetings

File #: 2019-120    Version: 1 Name:
Type: Executive Session - Contract and Competitive Matters Status: Agenda Ready
File created: 3/12/2019 In control: Board of Directors
On agenda: 4/12/2019 Final action: 4/12/2019
Title: Resolution - Approval of Transfer Equipment with LCRA TSC

Title

Resolution - Approval of Transfer Equipment with LCRA TSC

 

Other Info

Submitted By: Brian Gedrich

Department: Engineering

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

 

Discussion

PEC and LCRA TSC wish to accomplish an asset transfer in order to provide PEC control of the protection of PEC-owned transmission assets, and to clean-up ownership of facilities within substations.

 

Body

BE IT RESOLVED, BY THE BOARD OF DIRECTORS OF THE COOPERATIVE, that the Cooperative approve the asset transfers between LCRA TSC and PEC.

 

BE IT FURTHER RESOLVED, that the Chief Executive Officer or designee is hereby authorized to take such actions as needed to implement this resolution.