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1998R06A- AUTHORIZING CONTINUANCE OF THE CURRENT (GVEC) , . RESOLUTION NO. ~Y--~- 0f1 BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS AUTHORIZING CONTINUANCE OF THE CURRENT GUADALUPE VALLEY ELECTRIC COOPERATIVE (GVEC) FRANCHISE AGREEMENT, ORDINANCE NO. 276, FOR AN ADDITIONAL 60 DAYS. WHEREAS, the City of Schertz currently has a Franchise Agreement with GVEC which took effect November 9, 1972 and is due to expire May 23, 1998; and, WHEREAS, the City of Schertz and GVEC are still in the process of negotiating a new Franchise Agreement; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: THAT, the City Council is hereby authorized to continue the current Franchise Agreement with GVEC for an additional 60 days and such continuance will expire on July 19, 1998. PASSED, APPROVED AND ADOPTED this the 19th day Mayor, City of Schertz, Texas ATTEST: ~ (llf-L~~ City Secretary, City of Schertz (SEAL OF CITY)