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1987-11-09 Regular Meeting
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1987-11-09 Regular Meeting
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11/2/2016 12:07:00 PM
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7/31/2025 10:41:34 AM
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City Meetings
Meeting Body
City Council
Meeting Doc Type
Minutes
Date
11/9/1987
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<br />e <br /> <br />e <br /> <br />..... - <br /> <br />prov ided herein: (b) cause its eng ineers to prepare detailed plans and <br /> <br /> <br />specifications for the construction of the Transmission System and <br /> <br /> <br />Distribution System: and (c) obtain the approval of all such plans and <br /> <br /> <br />specifications by the Texas Department of Health and all other govern- <br /> <br /> <br />mental agencies having jurisdiction. <br /> <br /> <br />Section 2.03 The pro rata share of each Participant in the <br /> <br /> <br />actual construction cost of the Transmission System and the Distribution <br /> <br /> <br />System shall be calculated when sufficient engineering and cost data <br /> <br /> <br />are available to the Authori ty. Each Participant, including the Ci ty, <br /> <br /> <br />shall approve the finalized construction cost formula and the City's <br /> <br /> <br />share of the actual construction cost for the Transmission System and <br /> <br /> <br />Distribution System to be paid by the City and the other Participants, <br /> <br /> <br />prior to the .Z\uthori ty' s sale of bonds to finance the Distribution <br /> <br /> <br />System and Transmission System. <br /> <br /> <br />Section 2.04 It is expressly understood and agreed that <br /> <br /> <br />the acquisition of land, easements, and rights-of-way, the awarding of <br /> <br /> <br />Contracts, the approval of plans and specifications and the approval of <br /> <br /> <br />changes in said plans and specifications, and the supervision of <br /> <br /> <br />construction of the Southeast Plant, the Transmission System, and the <br /> <br /> <br />Distribution System are solely within the discretion and control of the <br /> <br /> <br />Authority. <br /> <br />Section 2.05 It is expressly understood and agreed that any <br /> <br />obligation on the part of the Authority to acquire, construct, improve, <br /> <br /> <br />enlarge, extend, repair, complete or operate the Authority's share of <br /> <br /> <br />the Southeast Plant, the Transmission System, and the Distribution <br /> <br /> <br />System shall be subject to: <br /> <br />-8- <br />
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