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<br />~40 <br /> <br />TUESDAY <br /> <br />FEBRUARY 8, 1977 <br /> <br />report on the beginning of negotiations with Appalachian Power Company on <br /> <br />a new contract between that utility and the City for the City's purchase <br /> <br />of power (under a wholesale tariff) from Appalachian. Upon reconvening <br /> <br />into its regular session, Council (upon motion, duly seconded and unanimously <br /> <br />carried) authorized the employing of an appraisor to establish a value upon <br /> <br />certain tracts of City-owned lands within the Industrial Park. As to the <br /> <br />item of business concerning a new power contract with Appalachian Power <br /> <br />Company, Council indicated that it has reached no conclusion thereon and, <br /> <br />therefore, no action is now required. <br /> <br />Council was adjourned. <br /> <br />\ <br />":",", .t:'~-l -, <br />W. H. ~eam~ Clerk of Council <br />