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<br /> 73 <br /> RESOLUTION 1994- 77 R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS, APPROVING THE TERMS AND CONDITIONS <br /> OF A LETTER AGREEMENT BETWEEN THE CITY AND SOUTH <br /> WAY ELECTRIC UTILITY SERVICE, INC. TO EXTEND THE <br /> TERM OF A CONTRACT FOR THE PURCHASE OF SURGE <br /> ARRESTERS FOR ONE YEAR; AUTHORIZING THE CITY <br /> MANAGER TO EXECUTE THE AGREEMENT ON BEHALF OF THE <br /> CITY AND DECLARING AN EFFECTIVE DATE. <br /> RECITALS: <br /> 1. On July 15, 1992 the City of San Marcos <br /> entered into a contract with South Way Electric Utility <br /> Company, Inc. for the purchase of surge arresters. <br /> 2. On June 28, 1993 the City approved an <br /> extension of the original contract for an additional year. <br /> 3. Both parties agree to an extension of the <br /> original contract for a final year. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF -THE CITY OF <br /> SAN MARCOS, TEXAS: <br /> PART 1. That a letter agreement between the City <br /> of San Marcos and South Way Electric Utility Company, Inc., <br /> to extend the term of a contract for the purchase of surge <br /> arresters, a copy of which is attached to and incorporated in <br /> this Resolution for all intents and purposes, is approved. <br /> PART 2. That the City ManageT, Larry D. Gilley is <br /> authorized to execute the agreement on behalf of the City. <br /> PART 3. That this Resolution shall be in full <br /> force and effect immediately from and after its passage. <br /> ADOPTED this the 9th day of May 1994. <br /> l~lìß . ~ <br /> Mayor <br /> Att~ ~~ <br /> ~s K. Womack <br /> City Secretary <br /> I <br />