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SOLUTION NO. 2015-171R <br />A RESOLUTION OF THE CITY COUNCIL OFT E CITY OF SAN <br />MARCOS, TEXAS APPROVING A LEASE WITH MARTIN MARIETTA <br />MATERIALS SOUTHWEST, INC. LEASING THE CITY'S RIGHT TO <br />WITHDRAW 165 ACRE FEET OF WATER FROM THE EDWARDS <br />AQUIFER DURING THE LEASE TERM BEGINNING ON DECEMBER 1, <br />2015 AND ENDING ON DECEMBER 31, 2015 IN EXCHANGE FOR <br />TOTAL PAYMENT TO THE CITY IN THE AMOUNT OF $78,705 <br />CONSISTING OF A LEASE PAYMENT TO THE CITY OF $64,845.00 <br />AND REIMBURSEMENT TO THE CITY OF E WARDS AQUIFER <br />MANAGEMENT FEES IN THE AMOUNT OF 13,860 AND DECLARING <br />AN EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS: <br />PART 1. The attached Lease of Edwards Aquifer Groundwater with Martin Marietta <br />Materials Southwest, Inc. (the "Lease") is hereby approved. <br />PART 2. The City Manager is authorized to execute the Lease on behalf of the City. <br />PART 3. This Resolution shall be in full force and effect immediately from and <br />after its passage. <br />ADOPTED on December 1, 2015. <br />(,M ie1 ue.�,,.�.-.� <br />Mayor <br />Attest: <br />