HomeMy WebLinkAboutRES 123024-1.A - Authorizing Execution of Water Supply Agreement with Gatehouse LLCRESOLUTION NO. ! a3Wq — t .
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, AUTHORIZING THE MAYOR TO
EXECUTE A WATER SUPPLY AGREEMENT WITH
GATEHOUSE WATER LLC AND ESTABLISHING AN
EFFECTIVE DATE.
WHEREAS, the City has determined that securing adequate water supply is
necessary to preserve or protect the public health or safety of the municipality's residents; and
WHEREAS, the City has further determined that it is in the City's best interests to
contract with a private entity to supplement and diversify its existing and projected water
inventory; and
WHEREAS, Gatehouse Water LLC has proposed to implement a water supply
project that will consist of the production, treatment, delivery and sale to the City of 18,500 acre-
feet per year of potable water on a long term basis, based on the utilization of existing water rights
and the design, construction, rehabilitation (with respect to existing wells), financing, operation
and maintenance of production wells, pumping stations, raw water collection and transmission
pipelines, storage tanks and appurtenant facilities; and
WHEREAS, the City desires to purchase and take delivery of, and Gatehouse Water
LLC desires to produce, transport, make available and sell potable water in accordance with this
Water Supply Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF GEORGETOWN, TEXAS:
SECTION 1. The facts and recitations contained in the preamble of this Resolution
are hereby found and declared to be true and correct, and are incorporated by reference herein
and expressly made a part hereof, as if copied verbatim.
SECTION 2. The Mayor is hereby authorized to execute the Water Supply Agreement
with Gatehouse Water LLC, attached hereto as Exhibit A.
SECTION 3. The Mayor is authorized to sign this Resolution and the City Secretary to
attest.
SECTION 4. This Resolution shall become effective and be in full force and effect upon
execution by the Mayor.
Resolution No. 12; 21.1— 11_pt Page l of 2
Subject: Authorizing Execution of Water Supply Agreement with Gatehouse Water LLC
Date Approved: OQs . 3
PASSED AND APPROVED the of � , 2024.
ATTEST: CITKshS
GETOWN, TEXAS
By:
Robyn D smore, �Cityecretary eder yor
APPROVED AS TO FORM:
Skye ass n, City Attorney
Resolution No. —; , Page 2 of 2
Subject: AuthorizingExecution of Water Supply Agreement with Gatehouse Water LLC
Date Approved:,A ZPZtA