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<br />153 <br /> <br />RESOLUTION 1999 - 34 R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF <br />THE CITY OF SAN MARCOS, TEXAS <br />APPROVING THE LEASE OF TRANSFORMER <br />CAPACITY AND A TRACT OF LAND AT THE <br />CITY OF SAN MARCOS RANCH ROAD 12 <br />ELECTRICAL SUBSTATION TO PEDERNALES <br />ELECTRIC COOPERATIVE, INC.; AND <br />DECLARING AN EFFECTIVE DATE. <br /> <br />RECITALS: <br /> <br />1. Pedernales Electric Cooperative, Inc. ("PEC") has requested to lease transformer <br />capacity and ground area of approximately 150 square feet within the City's Ranch Road <br />12 Electrical Substation. <br /> <br />2. PEC wishes to transfer power from the Lower Colorado River Authority delivery <br />point located within the substation to PEC's distribution system. <br /> <br />3. The lease will be executed by all parties no later than 30 days after Council approval. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />PART 1. The attached Lease of City-owned property located within the Ranch <br />Road 12 Electrical Substation to PEC for the purpose of transferring electrical power from <br />the Lower Colorado River Authority delivery point is approved. <br /> <br />PART 2. The City Manager, Larry G. Gilley, is authorized to execute the lease <br />on behalf of the City. <br /> <br />PART 3. <br />passage. <br /> <br />That this Resolution shall be in full force and effect from and after its <br /> <br />ADOPTED this 22nd day of February 1999. <br /> <br />Att~st:: , ~\ /1 <br />jll/ . ..' i~/;;'\ '. } <br />/11 itlVHJl VI' 'J I O)v'l/~#,.e)) / <br />JJ~i's K. Womack <br />City Secretary <br /> <br />