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Res 142-2007 10/2/2007 RESOLUTION NO. 142-2007 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, APPROVING THE ASSIGNMENT OF A WATER SALES CONTRACT BETWEEN THE CITY OF WICHITA FALLS AND THE DEAN DALE WATER SUPPLY CORPORATION TO THE DEAN DALE SPECIAL UTILITY DISTRICT; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, on December 1, 1998, the City entered into a water sales contract with the Dean Dale Water Supply Corporation; and, WHEREAS, the Dean Dale Water Supply Corporation seeks to transfer its assets, liabilities and contracts to a newly formed Dean Dale Special Utility District; and, WHEREAS, Section 10.1 of the existing contract requires the City to consent to any assignment of the existing contract. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The City of Wichita Falls hereby consents to the assignment of the December 1, 1998 contract befinreen the City of Wichita Falls and the Dean Dale Water Supply Corporation to the Dean Dale Special Utility District. The City Manager is hereby authorized to execute the necessary documents to evidence the City's consent. SECTION 2. It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 2nd day of October, 2007. � MAYOR ATTEST: , y Clerk