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<br />THIRD AMENDMENT TO WATER PURCHASE CONTRACT <br />BETWEEN CITY OF SAN MARCOS, TEXAS AND <br />GUADALUPE-BLANCO RIVER AUTHORITY <br />This Third Amendment (the "Third Amendment") to the Water Purchase Contract <br />between the City of San Marcos, Texas and the Guadalupe-Blanco River Authority dated <br />October 10, 1989 (the "1989 Contract") is made and entered into as of this /3^ day of <br />tmacm , 2009, but effective on April 1, 2009 (the "Effective Date") by and between the City <br />of San Marcos, Texas (the "City") and the Guadalupe-Blanco River Authority ("GBRA"). <br />WHEREAS, on October 10, 1989 the City and GBRA entered into the 1989 Contract whereas <br />the City agreed to purchase 5,000 acre-feet of raw water from GBRA pursuant to GBRA's <br />Canyon Lake water rights; <br />WHEREAS, on July 1, 1997 the City and GBRA entered into the First Amendment (the "First <br />Amendment") to the 1989 Contract to extend the term of the 1989 Contract to July 1, 2047; <br />WHEREAS, on December 9, 2003, but effective on January 1, 2004, the City and GBRA by <br />Letter Agreement amended the 1989 Contract (the "Second Amendment") to establish the <br />framework under which the City could request to increase its Annual Commitment under the <br />1989 Contract for an additional 5,000 acre-feet of raw water per year for a total Annual <br />Commitment of not to exceed 10,000 acre-feet of raw water per year; <br />WHEREAS, on August 31, 2007 GBRA pursuant to the Second Amendment notified the City <br />that the "Availability Expiration Date," as determined by GBRA is April 1, 2009; <br />WHEREAS, on October 3, 2007 the City provided written notice to GBRA of the City's desire <br />to increase its Annual Commitment, as defined in Paragraph A of the 1989 Contract by an <br />Additional Amount of 5,000 acre-feet of raw water per year as defined in Paragraph 7(a) of the <br />Second Amendment. <br />NOW THEREFORE, in consideration of the foregoing recitals and of the mutual benefits and <br />provisions thereinafter contained in this Third Amendment, the City and GBRA agree to amend <br />the 1989 Contract, as amended, as follows. All other terms and conditions of the 1989 Contract, <br />as amended, not expressly amended by this Third Amendment shall continue in full force and <br />effect. <br />1. Paragraph A. Quantity is amended to read as follows: <br />GBRA shall furnish the City, at the point or points of delivery hereinafter specified, <br />during the term of this contract or any renewal or extension thereof, untreated water <br />released from conservation storage in Canyon Reservoir under Certificate of <br />Adjudication 18-2047, as amended, or other reservoir storage or other water sources <br />available to GBRA in such quantity as may be required by the City not to exceed the <br />Annual Commitment. Prior to the initial delivery of water from a new source other than <br />Canyon Reservoir and in conformance with Section 13 (2) of that First Amended and <br />Restated Regional Project Agreement between the City and GBRA dated KPMH f 2009,