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Res 1990-115
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Res 1990-115
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Last modified
7/30/2007 4:37:00 PM
Creation date
7/30/2007 4:37:00 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Amendment
Number
1990-115
Date
9/24/1990
Volume Book
100
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<br /> '.2 During the ter. of this Agreement, LCRA will <br /> own, oper.te and maintain the 138/12.5kV step4own facilities, <br /> at LèRA's sole expense, necessary to provide .afe and adequate <br /> service to CITY at reasonable cost, <br /> '.3 At the time this Agreement expire., CITY .hall <br /> have the right to purchase the 138/12.5kV stepdown facilities <br /> from LCRA, in good condition, at value equal to the original <br /> cost less acc~ulated provision for depreciation at the time <br /> this Agreement expires. <br /> '.4 In the event LCRA's transmission .ystem, <br /> including 138/12.5kV stepdówn facilities, serving CITY requires <br /> additions, extensions or improvements during the term of this <br /> Agreement in order to provide safe, reliable, economic and <br /> efficient service to CITY, LCRA shall provide luch additions, <br /> extensions and improvements at its lole expense. At the <br /> termination of this Agreement, CITY Ihall have the right to <br /> purchase such additions, extensions and improvements, in good <br /> condition, at value equal to the original cost less acc~ulated <br /> provision for depreciation, provided that luch additions, <br /> extenlionl, improvements and facilities .re not part of LCRA'I <br /> overall transmision Iystem. <br /> -2'- <br />
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