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HomeMy WebLinkAboutCity of Tamarac Resolution R-79-198Introduced by: Temp. #1384 1 2 3 4 5 6 7 8 9 10 13 0El 15 76 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 CITY OF TAMARAC, FLORIDA RESOLUTION NO. 79-198 A RESOLUTION AUTHORIZING EXECUTION OF A PURCHASE AND SALE AGREEMENT FOR THE ACQUISITION OF THE ASSETS OF TAMARAC UTILITIES, INC. WHICH AGREEMENT WOULD BE FINALLY EFFECTIVE UPON SATISFACTION OF ITS TERMS AND CONDITIONS. WHEREAS, negotiations have been held concerning the acquisition of the assets of Tamarac Utilities, Inc., and WHEREAS, the fruit of said negotiations is the Purchase and Sale Agreement attached hereto and made a part hereof, and WHEREAS, the Tamarac City Council deems it to be in the best interest of the health, safety and welfare of the customers and of the citizens of Tamarac to acquire the Utility according to the terms and conditions set forth in the Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TAMARAC,. FLORI DA : SECTION 1: The appropriate City officials are authorized and directed to execute the Agreement of Purchase and Sale for the assets of Tamarac Utilities, Inc. as shall be consistent with this resolution and subject to further legal, accounting and engineering reports. SECTION 2: This Resolution shall become effective immediately upon its enactment. PASSED, APPROVED AND ADOPTED this "- ATTEST:-'' CITY CLERK I HEREBY CERTIFY that I have approved the form and correctness of this RESOLUTION KCORD OE COUNCIE WYE ,M"YOR: dISTRICT I. DISTRICT 2: DISTRICT 3: DISTRICT 4: