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<br /> 94 <br /> RESOLUTION 1985-77R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE <br /> CITY OF SAN MARCOS, TEXAS, STATING THE <br /> INTENT OF THE CITY OF SAN MARCOS TO ENTER <br /> INTO NEGOTIATIONS WITH ELIM WATER SUPPLY <br /> COMPANY REGARDING SAID CITY'S ACQUISITION <br /> OF ASSETS AND INTERESTS OF ELIM WATER <br /> SUPPLY COMPANY; AND DECLARING AN EFFEC- <br /> TIVE DATE. <br /> WHEREAS, it is in the interests of the citizens of <br /> San Marcos for the City of San Marcos to consider ac- <br /> quiring the Elim Water Supply Company; and, <br /> WHEREAS, Elim Water Supply Company has expressed an in- <br /> terest in entering into negotiations with the City of San <br /> Marcos regarding the City's acquisition of its assets and <br /> interests; now, therefore, <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS: <br /> PART 1. That the City of San Marcos hereby expresses <br /> its intention to enter into good faith negotiations with <br /> Elim ~\Tater Supply Company regarding the City's acquisition <br /> of the assets and interests of Elim Water Supply Company. <br /> PART 2. That this Resolution shall be in full force <br /> and effect from and after its passage. <br /> ADOPTED this 23 day of , 19J1L. <br /> <br /> Emmie Craddock <br /> Mayor <br /> Att~ ¿r~ <br /> ~is K. ~mack <br /> City Secretary <br />