The City of Georgetown and the Lower Colorado River Authority came to an agreement July 24 that would delay a notice of terminiation on the city's wholesale power agreement until Aug. 13 at the earliest.
The agreement also includes six other wholesale utility customers including Fayette Electric Cooperative Inc., Central Texas Electric Cooperative, the City of Seguin, Kerrville Public Utility Board, the City of Boerne and San Bernard Electric Cooperative Inc.
The petition filed in Travis County District Court was in response to a breach of contract notice issued to LCRA on June 28 by the seven utilities.
According to the agreement, a hearing will be held the week of Aug. 27 that will consider LCRA's application for a temporary injunction that could delay ending the utilities' contracts.
Georgetown Assistant City Manager Jim Briggs said in the city will work with attorneys to prepare evidence and testimony for the Aug. 27 hearing.