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53-01 O - Amending Texas Power and Light Franchise Agreement Ordinace No and Minutes Pertaining G � ' to ;:ts Enactment. THE STATENOF TEXAS COUNTY OF COLLIN TOWN OF RROSPER. The Town Commission= of the Town of Prosper, convened bn Called Session, at the office of the Mayor, in Prosper State Bank, in Prosper, Texas, at 3.00 P.M. on February 25th,- 1953, pursuant td call of the meeting by the Town Secretary, Mr. C.W.Harper. The following were present, U.N.Clary, Mayor, Commissioners W.H.Field and Roy Shelton, constituting a quorum, none being absent. Commissioner W.H.Field introduceda proposed Ordinance, whic') was read in full, and Commissioner Roy Skelton made a motion that the rule requiring Ordinances be read`% mote than one meeting be suspended, which motion was secohded by Commis- sioner W.H.Field an was carried by the following vote, Ayes: Coeamis- sioner.s W.H.Field and Roy Skelton and Mayor U.N.Clary, Nores, None. Commissioner W.H.Field made a motion that the Ordinance be passed finally, which motion was seconded by Commis- sioner Roy Skelton. The motion was carried by the following rote, Ayes, Commissioners W.H. field and Roy Skelton, Mayor, U.N.Clary, Noes, None. The Mayor then announced the Ordinance had finally passed, and that a copy of th same would be made a part of the minutes ofthis meeting the Ordinance being entitled as follows; AN ORDINANCE AMENDING AN ORDINANCE GRANTING TO TEXAS POWER & LIGHT COMPANY, ITS SUCCESSORS AND ASSIGNS, AN ELECTRIC LIGHT, } AT AND POKER FRANCHISE ADOPY D BY TH . CIT COMMISSION OS PROSPER, WWI, 8N t 24th DAY OF MARCH, 1924, SO AS TO XEXTEND TH-Li TERM OF SAID FRANCHISE 29 YEARS FROM ITS PRESENT -XPIRATION DATE. PASSED AND APPROVED, This the 25th day of February, 1953. There being no further business a�� adjourned. ATTEST:ATTEST: G2 ' - j Mayor.0 'uA/ City Secret , . THE STATE OF TEXAS, .,, COUNTY OF COLLIN TOWN OF PROSPER. I, C.W.Harper, Town Clerk of the Town of Prosper, do hereby certify that the above and foregoing is a true and correct transcript of the minutes ef a Called Ses- sion of the Commissioners of the Town of Prosper, which is of record in the Minutes of the Town Commission, in Vol. 1, Page 191, said meeting held on Feb. 25th, 1953. Witness my hand and the seal of the said Town of Prosper, this the 25th day of February, 1953. . Town Cleric, own of Prosper, Texas/ or City Secretary. ( �1 --.. AN ORDINANCE AMENDING AN ORDINANCE GRANTING TO TEXAS POUTER & LIGHT CO 1PANY, ITS SUCCESSDRS AND ASSIGNS, AN ELECTRIC LIGHT, HEAT AND POWER FRANCHISE ADOPTED BY THE CITY COMMISSION OF PROSPER, TEXAS, ON THE 28th DAY OF MARCH, 1924, SO AS TO EX- TEND THE TERM OF SAID FRANCHISE 29 YEARS FROM ITS PRESENT EXPIRATION DATE. BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF PROSPER, TEXAS: Section 1: That the electric light, heat and power franchise heretofore granted to the Texas Power & Light Company by ordinance adopted by the City Commission of the City of Prosper, Texas, on March 28, 1924, be extended for a period of twenty-nine (29) years from and after the expiration date named therein, so that the term of such franchise will extend to March 28, 2003. Section 2: The grantee in such franchise, to-wit, Texas Power & Light Company, shall file its written acceptance of this extension of said franchise within sixty (60) days after the passage and approval of this ordinance. PASSED AND APPROVED this the 25th day of February 1953. ATTEST: yor ,U City Secre�