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The term Sponsors shall mean the "Sponsors" described in the recitals to this Resolution.
<br /> The term Phase lA Project shall mean the design and construction of facilities to
<br /> interconnect the Cities of Kyle and Buda water systems. The Project will use the Phase IA
<br /> Project facilities to deliver Carrizo water into the Buda system. Facilities include a possible water
<br /> pump section, pumps, ground storage tank, chlorine treatment system, yard piping necessary to
<br /> receive and pump water, fee simple purchase of property for the pump station and new
<br /> transmission pipeline.
<br /> The term Phase 1B Improvements Project shall include design, construction and
<br /> equipment of multiple wells drilled and installed; the primary collection line from the well field
<br /> to the treatment plant along with the individual collection lines; a sand filter water treatment
<br /> plant including filters, disinfection equipment, high service pump station, and clearwell storage;
<br /> plant construction in phases with Phase 113 expected to provide a treatment capacity of
<br /> approximately 5 MGD, with an ultimate plant buildout of approximately 35 MGD; and
<br /> transmission mains from the water treatment plant to the Project's Phase 1A infrastructure all as
<br /> further set forth in the Authority's application to the Texas Water Development Board.
<br /> The term Project shall mean, collectively, the Land Interests and the Facilities as
<br /> described in the recitals to the Contract and in the Engineering Report.
<br /> The term Project Costs shall mean and includes, without limitation, the following costs
<br /> incurred for the Project by or on behalf of the Authority or the Sponsors: (i) the cost of
<br /> acquisition of the Land Interests, including appraisals, closing costs and title insurance policies;
<br /> (ii) the cost of acquisition, construction, repair, replacement, improvement or decommissioning
<br /> of the Facilities, and any structure, item of equipment, or other item, used for, or in connection
<br /> with, the Project; (iii) the cost of site preparation of the Land Interests, including demolition or
<br /> removal of structures and improvements as necessary or incident to accomplishing the Project;
<br /> (iv) the cost of engineering, legal, architectural or other related services; (v) the preparation cost
<br /> of plans, specifications, studies, surveys, cost estimates, and other expenses necessary or incident
<br /> to planning, providing, or financing the Project; (vi) the cost of machinery, equipment,
<br /> furnishings, and facilities necessary or incident to placing the Project in operation; (vii) finance
<br /> charges and interest before, during, and after construction as permitted by the laws of the State;
<br /> (viii) costs incurred in connection with financing the project, including, without limitation: (1)
<br /> financing, legal, accounting, financial advisory, rating Authority, and auditing fees, expenses
<br /> and disbursements; (2)the cost of printing, engraving, and reproduction services; and(3)the cost
<br /> of a trustee's or paying agent's initial or acceptance fee and subsequent fees; (ix) all costs, fees
<br /> and expenses of litigation of all kinds; (x) the cost of property casualty and public liability
<br /> insurance; (xi) the fees and costs of the anticipated Purchaser of the Note (or purchasers of
<br /> Bonds), including underwriting services, if applicable; (xii) reimbursement of the costs
<br /> previously incurred by the Sponsors with respect to the Project; and (xiii) other costs generally
<br /> recognized as a part of Project construction costs.
<br /> The term Project Engineer shall mean such engineer or engineering firm selected by the
<br /> Authority.
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<br /> ARWA\BAN\2023:Authorizing Resolution
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