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<br /> 34 <br /> RESOLUTION 1996- 176 R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS, APPROVING AN AMENDMENT TO THE <br /> LETTER OF INTENT BETWEEN THE CITY AND ELiM WATER <br /> COMPANY, INC. (ELlM) FOR THE CITY'S ACQUISITION OF <br /> ELlM'S CAPITAL STOCK; AUTHORIZING THE CITY MANAGER TO <br /> EXECUTE THE AMENDMENT ON BEHALF OF THE CITY; AND <br /> ! DECLARING AN EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: <br /> PART 1. That the Amendment to the Letter of Intent attached to this Resolution <br /> between the City and Elim is approved. <br /> PART 2. That the City Manager, Larry D. Gilley, is authorized to execute this <br /> amendment on behalf of the City. <br /> PART 3. That this Resolution is in full force and effect immediately upon its <br /> passage. <br /> . <br /> ADOPTED this 14th day of October, 1996. <br /> Pi ~. ~ <br /> BiIIY~OOre <br /> Mayor <br /> j <br />