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HomeMy WebLinkAboutResolution 640 Seminole Utility Company RESOLUTION NO. 640 A RESOLUTION OF THE CITY OF WINTER SPRINGS, FLORIDA, AUTHORIZING AND INSTRUCTING THE MAYOR OR CITY MANAGER, AS APPROPRIATE, AND THE CITY CLERK TO EXECUTE AND DELIVER SUCH DOCUMENTS OR INSTRUMENTS AND TO DO OR CAUSE TO BE DONE ANY AND ALL SUCH OTHER ACTIONS AS ARE NECESSARY TO EFFECTUATE THE ACQUISITION OF SEMINOLE UTILITY COMPANY IN ACCORDANCE WITH THE PREVIOUS VOTE AND FINDINGS OF THE CITY COMMISSION. WHEREAS, the City of Winter Springs, Florida, has heretofore examined the feasibility of the acquisition of Seminole Utility Company and has voted to acquire said utility. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, FLORIDA: SECTION I: The City of Winter Springs, Florida, hereby authorizes the execution of all documents, papers, or instruments, and any and all such other actions advisable or necessary to effectuate the acquisition of Seminole Utility Company and to facilitate the orderly closing on the acquisition of the same. SECTION II: The Mayor or City Manager, as appropriate, and the City Clerk are hereby authorized and instructed to execute any and all documents, papers, or instruments, and to do or cause to be done any and all such other actions advisable or necessary to effectuate the acquisition of Seminole Utility Company, to facilitate the orderly closing on the acquisition of the same, to carry out the purposes and intent of the Agreement of Settlement of Condemnation Lawsuit, as amended, and to enable the City to fully and promptly perform all of its obligations under said Agreement. SECTION III: All resolutions or parts of resolutions encompassed by this resolution are hereby repealed. SECTION IV: This resolution shall take immediate effect upon its passage and approval. Passed and adopted this 23rd day of April, 1990. CITY OF WINTER SPRINGS LEANNE M. GROVE, MAYOR ATTEST: Mary T. Norton CITY CLERK