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<br />Texas Water Development Board ("TWDB '')- The state agency which administers state <br />law regarding water resources including groundwater. <br /> <br />Section 2. Operation of the Management Council <br /> <br />The Management Council shall meet from time to time as necessary to implement these <br />ROPES and the Interlocal Agreement. A quorum of the Management Council shall be <br />required for all Council actions. A quorum shall be three (3) Council members. A <br />majority vote of three (3) Council members shall be required for all Council actions. <br />Should the Management Council require administrative support, it shall be the <br />responsibility of the Administrator and Agent to provide such support. <br /> <br />Section 3. Chairman of Management Council <br /> <br />The members of the Management Council shall elect one of their members as Chairman. <br />The Chairman shall be empowered to call meetings of the Management Council as <br />necessary and shall act as the primary public spokesman for the R WRDG. <br /> <br />Section 4. Election of Management Council <br /> <br />The Management Council shall be elected at the first meeting of the R WRDG <br />participants after the minimum ten (10) participants have enrolled as required by Section <br />3.1 of the Interlocal Agreement and subsequent elections shall be held at four-year <br />intervals. Membership in the Management Council shall be on an individual basis. <br />Should a member of the Management Council no longer be willing or able to serve, a <br />new Management Council member representing the same constituency will be elected by <br />the RWRDG participants at their next general meeting pursuant to the procedures set <br />forth at Section 3.1 of the Interlocal Agreement. A Management Council member elected <br />pursuant to this provision will serve out the remainder of the unexpired term and shall be <br />eligible for reelection <br /> <br />Section 5. Amendment of ROPES <br /> <br />The Management Council shall have the power to amend these ROPES. Should the <br />Management Council determine that amendment of the ROPES is necessary, the <br />Management Council shall communicate proposed amendments to the Administrator, <br />which shall notify all R WRDG participants in writing of the amendments at least thirty <br />(30) days prior to the Management Council's acting on the amendment. <br /> <br />Section 6. Semiannual Determination of Target Prices for Edwards Aquifer <br />Groundwater Withdrawal Rights Acquisition Strategy Categories <br /> <br />Agent shall be responsible for continually advising the Management Council as to market <br />conditions so as to permit the Management Council to make informed pricing decisions <br />and to react to changing market conditions. On a semiannual basis, the Management <br />Council shall establish Edwards Aquifer groundwater withdrawal rights acquisition <br /> <br />\ \COSER VER\DAT A \LEGWP\PBB\ACQUISITlropes.j99.doc 3 <br />