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6. Regular Meeting November 25, 2002 Page 6 rate study. Mr. Mihalkanin moved to table approval of the Ordinance on first reading until the Regular Meeting on December 9, 2002 and Mr. Mayhew seconded the motion, which passed unanimously. Mayor Habingreither introduced for consideration adoption of a Resolution, the caption which was read as follows: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING PRICE $ELLECT OPTIONS FOR THE PURCHASE OF WHOLESALE POWER FROM THE LOWER COLORADO RIVER AUTHORITY¡ AUTHORIZING THE CITY MANAGER TO EXECUTE A PRICE $ELECT 2003 SELECTION FORM ON BEHALF OF THE CITY¡ AND DECLARING AN EFFECTIVE DATE. Mr. Mayhew moved for adoption of the Resolution and Ms. Narvaiz seconded the motion. Mr. O'Leary stated San Marcos chose not to deregulate. The City's job is to distribute to our customers and annually determine the price cost. LCRA is asking the City to consider a key account pricing option for large commercial, industrial and institutional customers on a trail basis. The program requires the bills to be split up as to the costs of providing services as though deregulated. He stated the savings will be passed onto those large customers. Ned Brown, LCRA, stated the Pricing Options before the Council tonight will educate those large customers to components. He stated San Marcos is eligible to participate because of the metering we have. Thirty co-ops of LCRA participating. Ns. Narvaiz inquired whether other customers would see an increase. Mr. Brown stated there would not be an increase to other customers. Ms. Tatum inquired whether there were price options in the future for average households. Mr. O'Leary stated there will be some in the future. The Council voted unanimously for adoption of the Resolution. Mayor Habingreither introduced for consideration approval of minutes of the Regular Meeting held November 4, 2002, approval of minutes of the Special Meeting held November 12, 2002, adoption of four Ordinances on third and final reading, adoption of seven Resolutions, and approval of Change Order No.1 to Holloman Construction, Co. in connection with the Columbia, Earle, Bishop Wastewater. The Council removed Item 13, adoption of Ordinance on third and final reading, Item 18, adoption of Resolution to be considered separately. Ms. Tatum moved for approval of minutes of the Regular Meeting held November 4, 2002, approval of minutes of Special Meeting held November 12, 2002, adoption of three Ordinances on third and final reading, adoption of the remaining six Resolutions and approval of Change Order No.1 to Holloman Construction, Co. in connection with the Columbia, Earle, Bishop Wastewater C.I.P., by consensus, and Mr. Mayhew seconded the motion, which passed unanimously. The captions of the Ordinances and Resolutions read as follows: Adoption of Ordinances on third and final reading: