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<br />162. <br /> <br />RESOLUTION 2002- 86 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS, APPROVING THE TERMS AND CONDITIONS OF A LETTER <br />AGREEMENT BETWEEN THE CITY AND KBS ELECTRICAL <br />DISTRIBUTORS, INC. TO EXTEND A CONTRACT FOR THE PURCHASE <br />OF POLE MOUNTED TRANSFORMERS; AUTHORIZING THE CITY <br />MANAGER TO EXECUTE THE AGREEMENT ON BEHALF OF THE CITY <br />AND DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. On June 11, 2001, the City Council of the City of San Marcos approved a <br />contract for the purchase of pole mounted transformers (the "Contract") with KBS Electrical <br />Distributors. <br /> <br />2. Both parties agree to an extension of the Contract for an additional year. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />PART 1. The attached letter agreement between the City of San Marcos and <br />KBS Electrical Distributors to extend the term of the Contract is approved. <br /> <br />PART 2. The City Manager, Larry D. Gilley, is authorized to execute the letter <br />agreement on behalf of the City. <br /> <br />PART 3. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br /> <br />ADOPTED this the 13th day of May <br /> <br />2002. <br /> <br /> <br />David Chiu <br />Mayor <br /> <br />Attest: <br /> <br /> <br />K. Womack <br />City Clerk <br />