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Res 1986-128
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Res 1986-128
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8/28/2007 9:07:39 AM
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8/28/2007 9:07:39 AM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Purchase
Number
1986-128
Date
10/27/1986
Volume Book
83
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<br />Exhibit 3 attached to this Agreement and incorporated herein by <br /> <br />reference. <br /> <br />(d) <br /> <br />All maps, drawings, and engineering records, and <br /> <br />office records which relate exclusively to the electric business <br />connected with the properties herein contracted to be conveyed by <br /> <br />LCRA to CITY. <br /> <br />An inventory of the items described in this para- <br /> <br />graph is marked as Exhibit 4 attached to this Agreement and incor- <br /> <br />porated herein by reference. <br /> <br />(e) <br /> <br />All of the contracts, leases, licenses and the <br /> <br />Certificate of Public Convenience and Necessity granted by the <br /> <br />Public Utility Commission of Texas connected with and arising out <br /> <br />of the operation of the electric facilities and Properties <br />described in Section 2.02 subsection (a) above as to be conveyed <br /> <br />by LCRA to CITY, including without limitation all contracts, obli- <br /> <br />gations, leases and licenses connected solely with the operation <br />of the Properties described in said subsection (a), and said <br /> <br />contracts, leases and licenses shall be assigned and transferred <br /> <br />to CITY subject to the terms and conditions contained therein and <br /> <br />upon which they were acquired and are now held. <br /> <br />CITY, as assignee <br /> <br />thereof, agrees that upon said assignment be i ng made to it, it <br />will assume, as of the Closing Date, all obligations imposed upon <br />LCRA by reason of said contracts, leases and licenses and each of <br /> <br />them, and CITY agrees that it will, after the Closing Date, hold <br />LCRA harmless from all obligations under and liabilities arising <br /> <br />therefrom. <br /> <br />An inventory of the items described in this paragraph <br /> <br />s. <br />
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