Public Hearing and Introductory Ordinance of the City of Laredo, Texas, granting Medina Electric Cooperative, Inc., its legal representatives, successors, lessees and assigns, as the grantee herein, certain powers, licenses, rights-of-way, privileges and franchise to construct and maintain in the City-of Laredo, Texas, as now or hereafter constituted, an electric power utility system in said city and to use the bridges, other structures, places and public grounds in said city for a period of five (5) years with one (1), five (5) year renewal period subject to renegotiation by the parties; and prescribing certain rights, duties, terms and conditions herein mentioned and providing for the payment to city a percentage of certain receipts of grantee from its operations therein; and providing for the acceptance of this ordinance by grantee; and containing a saving clause, and providing for publications and an effective date.

Committee

City Council

Requested by

Finance

Introduced

July 14, 2025

On agenda

August 4, 2025

Where it was heard

City Council Aug 4, 2025 close and introduce Pass