A RESOLUTION OF THE CITY OF RICH HILL, MISSOURI, AUTHORIZING THE MAYOR, ON BEHALF OF THE CITY, TO ENTER INTO A CONTRACT FOR PURCHASE AND SALE OF DISTRIBUTION FACILITIES BETWEEN THE CITY OF RICH HILL, MISSOURI AND OSAGE VALLEY ELECTRIC COOPERATIVE ASSOCIATION; AND AUTHORIZING THE MAYOR AND OTHER CITY OFFICIALS TO EXECUTE ANY AND ALL DOCUMENTS NECESSARY AND TO TAKE ALL ACTION NECESSARY, TO COMPLETE AND PERFORM SAID CONTRACT.
WHEREAS, the Voters of the City of Rich Hill, Missouri approved Question 2 on the April 6, 2021 election ballot by more than two-thirds vote authorizing the City of Rich Hill to sells its city-owned electrical distribution system to Osage Valley Electric Cooperative Association to engage in the sale, supply, and delivery of electric services at retail within the City, including the right to use and occupy the right-of-way for the location, construction, erection, operation, maintenance of said system; and
WHEREAS, the Mayor and the Board of Aldermen have determined that the terms and provisions of the proposed contract between City of Rich Hill, Missouri and Osage Valley Electric Cooperative Association for these services will serve the best interests of the City.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF RICH HILL, MISSOURI, AS FOLLOWS:
SECTION 1. The City of Rich Hill, Missouri, shall enter into a Contract for Purchase and Sale of Distribution Facilities between City of Rich Hill, Missouri (“City”) and Osage Valley Electric Cooperative Association, Inc. (“OVEC”) for the sale of the city’s electric distribution facilities to OVEC and for City to grant OVEC a franchise to engage in the sale, supply, and delivery of electric services at retail within the City. A true and accurate copy of the proposed said Contract is attached hereto as Exhibit A and incorporated herein by reference.
SECTION 2. The Mayor and City Clerk are hereby authorized to execute the above-mentioned Contract on behalf of the City, and the Mayor and other City Officials are authorized to take all action necessary to complete and perform the said Contract.
SECTION 3. This resolution shall be in full force and effect from and after its passage and approval.
PASSED BY THE BOARD OF ALDERMEN AND APPROVED BY THE MAYOR OF THE CITY OF RICH HILL, MISSOURI THIS 21ST DAY OF JULY, 2021.
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Jason Rich, Mayor
ATTEST:
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Casey Crews, City Clerk