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<br />18. <br /> <br />RESOLUTION NO. 2002- 206 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, APPROVING PRICE $ELECT OPTIONS <br />FOR THE PURCHASE OF WHOLESALE POWER FROM THE <br />LOWER COLORADO RIVER AUTHORITY; AUTHORIZING <br />THE CITY MANAGER TO EXECUTE A PRICE $ELECT 2003 <br />SELECTION FORM ON BEHALF OF THE CITY; AND <br />DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. The City purchases electric power from the Lower Colorado River Authority ("LCRA") <br />under a Wholesale Power Agreement dated July 8, 1986, as amended by the Amendment to <br />Wholesale Power Agreement dated June 24, 1996. <br /> <br />2. LCRA uses a Price $elect option program to allow its wholesale customers to choose <br />among pricing options for the purchase of wholesale electric power, and the City wishes to select <br />Price $elect wholesale electric power pricing options for calendar year 2003. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />P ART 1. The pricing options for the purchase of electric power from the LCRA as shown <br />on the City's Price $elect 2003 Selection Form are approved. <br /> <br />PART 2. The City Manager, Dan O'Leary, is authorized to execute the City's Price $elect <br />2003 Selection Form on behalf of the City. <br /> <br />PART 3. In accordance with Resolution No. 200l-l95R, the City's Price $elect 2003 <br />Selection Form relates to "power supply pricing, proposals and contracts," and therefore constitutes <br />"competitive information" under Section 552.131 of the Texas Government Code. The City's Price <br />$elect 2003 Selection Form is not public information and is not subject to disclosure to the public. <br /> <br />P ART 4. This Resolution is in full force and effect immediately from and after its adoption. <br /> <br />ADOPTED on <br /> <br />November 25, <br /> <br />2002. ~ R./~ <br /> <br />Robert B. Habingreither <br />Mayor <br /> <br />Attest: <br /> <br />