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Austin Utility Rates, Land Deals, and Legal Insights

Thursday, August 17, 1995 special called
  • Strategic Utility Review:

    Leaders discussed city electric utility finances, rate comparisons, and navigating competition in the power industry.
  • Key Land Dealings:

    Engaged in discussions regarding a lease amendment with the Trust for Public Land and other real estate matters involving the Uplands Tract.
  • State Policy Compliance:

    Received legal counsel on the implementation of a significant piece of state legislation, Senate Bill 10.

Full Transcript

Y OF AUST 日 に FOUNDED 1839 Austin City Council MINUTES EXECUTIVE SESSION August 17, 1995 OFFICE OF THE MAYOR 10:00 Α.Μ. EXECUTIVE SESSION (No Public Discussion on These Items) Executive session held at 10:23 to 10:52. The City Council will announce it will go into Executive Session, if necessary, pursuant to Chapter 551 of the Texas Government Code, to receive advice from Legal Counsel, to discuss matters of land acquisition, litigation and personnel matters as specifically listed on this agenda. The City Council may also announce it will go into Executive Session, if necessary, to receive advice from Legal Counsel regarding any other item on this agenda. Real Estate - Section 551.072 1. Discuss the negotiation and execution of a lease amendment with Trust for Public Land (TPL). Advice of Counsel - Section 551.071 2. Seek legal advice on implementation of Senate Bill 10. Staff Briefing - Section 551.075 3. Staff briefing on the electric revenue requirements, rate comparisons, and competition in the electric utility industry. (City Council deliberation is not permitted under Section 551.075) 4. Staff briefing on real estate issues regarding the Uplands Tract. (City Council deliberation is not permitted under Section 551.075)