Res 0899 1/21/1969RESOLUTION NO. X99
WHEREAS, by contract dated May 25th, 1948 between
the City of Wichita Falls and Texas Electric Service
Company, the City in consideration of Fifteen Thousand
Dollars ($15,000 . ) annually agreed to maintain and operate
a canal from Lake Wichita to the Reservoir of the Company
and relieve the Company from all responsibility and liability
in respect thereto; and,
WHEREAS, by contract dated April 14th, 1958, the
original contract was extended for a period of one year
beginning June 1st, 1958, and said Company was granted the
option to renew and extend the same from year to year for
ten years ; and,
WHEREAS, such contract will expire on May 31st, 1969,
and said Company desires to extend the contract for ten
additional option periods of one year each.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN
OF THE CITY OF WICHITA FALLS, TEXAS, THAT:
There is hereby approved a contract which shall renew
and extend the original contract beginning June 1st, 1969
for a period of one year thereafter, and at the expiration of
said term said Company shall be granted the option to renew
and extend the same from year to year for a period of not more
than ten successive years from and after June 1st, 1970 ; the
Mayor is hereby authorized and directed to execute such
contract for and on behalf of the City of Wichita Falls.
PASSED AND APPROVED THIS THE 21ST DAY OF JANUARY, 1969.
M A Y O R
ATTEST:
CITY CLERK