AGENDA CAPTION:
Title
Consider approval of Resolution 2020-03R, approving the purchase of a transformer for the Rattler Substation operated by the San Marcos Electric Utility from Texas Electric Cooperatives in the amount of $777,772; authorizing the City Manager or his designee to execute all appropriate documents to complete the purchase; and declaring an effective date.
Body
Meeting date: January 7, 2020
Department: Public Services Department - Tom Taggart, Director (By Lynda Williams, Purchasing Manager)
Amount & Source of Funding
Funds Required: $777,772.
Account Number: FY146 51538163.70200
Funds Available: $5,600,000
Account Name: Rattler Substation
Fiscal Note:
Prior Council Action: 2019-05 allocating a not to exceed budget of $8,250,000 to design and construct Rattler Substation; 2019-161R approving the engineering design of Rattler Substation;
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Background Information:
The City entered into a Chapter 380 Economic Development Incentive Agreement with Urban Mining in April 2017 for a high technology manufacturing facility located on Clovis Barker Road near Leah Avenue. In January 2019, the City amended the Chapter 380 Economic Development Agreement with Urban Mining. Section 3.04 of the amended Agreement provided for the dedication of approximately 2.4 acres of land to the City for the construction and operation of Rattler Electric ...
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