City Council Meeting 101326

At its October 13, 2026 regular meeting, the Lubbock City Council discussed the proposed sale of the city’s Tai Cook gas-generating facility to Adakon Energy. Adakon requested a 45-day extension to the purchase-and-sale agreement, offering an additional $200,000 in consideration; the company had already provided $500,000 in earnest money. After discussion of the buyer’s due diligence and the facility’s sale process, the council rejected the extension, with four votes against and three in favor. The city had previously pursued RFPs and, with assistance from broker NLX, received two bids. The transcript does not establish whether the sale itself was otherwise completed.

The council also considered a reimbursement resolution for expenditures on projects already approved in the fiscal-year budget, to be repaid from future bond proceeds. Staff noted the project list included 146th Street (correcting an error in the meeting materials) and said the city expected to return in January regarding bond financing. A motion and second to approve the resolution are heard, but the transcript ends before the vote or outcome. Separately, council members agreed to proceed with a council-led, open-session review of possible city charter amendments, aiming first for the May 2027 election; no procurement action was identified in that discussion.