HomeMy WebLinkAbout1999-03 Agreement Extending the Present Franchise with Holy Cross EnergyRESOLI ON NO. 3
SERIES OF 1999
A RESOLUTION AUTHORIZING THE TOWN MANAGER TO ENTER INTO AN
AGREEMENT EXTENDING THE PRESENT FRANCHISE WITH HOLY CROSS
ENERGY.
WHEREAS, the Town of Vail, by Ordinance No. 49, Series of 1978, as amended by an
agreement entered into with the Holy Cross Electric Association, Inc. dated March 2, 1981,
entered into a Franchise Agreement which expires on February 28, 1999; and
WHEREAS, the Town of Vail through its Town Manager has been negotiating with
Holy Cross Energy as to the terms and conditions appropriate for granting a franchise to Holy
Cross Energy upon the expiration of the present Franchise Agreement.
NOW, THEREFORE, be it resolved by the Town Council of the Town of Vail, Colorado:
1. The Town Manager is hereby authorized to enter into an agreement with Holy
Cross Energy extending the present Franchise Agreement which expires on
February 28, 1999 for a period not to exceed ninety (90) days.
This resolution shall take effect immediately upon its passage.
INTRODUCED, READ, APPROVED AND ADOPTED this /0 day of February,
1999.
ATTEST:
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Donaldson,1Town Clerk
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Robert E. Ford, Mayor