RE 2013-0423.2
RESOLUTION NO. 2013-0423.2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COPPELL, TEXAS, APPROVING THE TERMS AND
CONDITIONS OF SETTLEMENT AND RELEASES BY AND
BETWEEN THE CITY OF COPPELL, TEXAS AND LUMINANT
GENERATION COMPANY LLC; AUTHORIZING THE CITY
MANAGER TO SIGN, WHICH IS ATTACHED HERETO AS
EXHIBIT 1 AND EXHIBIT 2, FOLLOWING REVIEW BY THE
CITY ATTORNEY; REPEALING ALL RESOLUTIONS IN
CONFLICT; PROVIDING A SEVERABILITY CLAUSE; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS,
the City has entered into settlement and releases with Luminant
Generation Company, LLC; and
WHEREAS,
the City Council find it is in the best interest of the City of Coppell and its
citizens to approve said contract.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF COPPELL, TEXAS THAT:
SECTION 1.
The City Council hereby approves the terms and conditions of Settlement
Agreement by and between the City of Coppell and Luminant Generation Company, LLC. and
hereby authorizes the City Manager to execute said releases, as provided in Exhibit 1 and Exhibit
2, which is attached hereto and incorporated herein by reference.
SECTION 2.
The City Manager of the City of Coppell, Texas, is hereby authorized to
execute said agreement, which is attached hereto as Exhibit 1 and Exhibit 2.
SECTION 3.
Any prior resolution of the City Council in conflict with the provisions
contained in this Resolution are hereby repealed and revoked.
SECTION 4.
Should any part of this resolution be held to be invalid for any reason, the
remainder shall not be affected thereby, and such remaining portions are hereby declared to be
severable.
SECTION 5.
This resolution shall take effect immediately from and after its passage,
and it is duly resolved.
[Signature page to follow]
TM 60130
DULY PASSED and approved by the City Council of the City of Coppell, Texas, on this
them ay ofq:N , 2013.
APP "OVE 1 .
`� 1' iI ,
K. en Selbo Hunt, I.yor
ATTEST:
•
ristel Pettinos, City ecretary
APPROV 1 • :I j,
Robert E. Hager, City At . ey
(REH/mpm)
TM 60130
Exhibit 1
TM 60130
Exhibit 2
TM 60130