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<br />1]8 <br /> <br />I <br /> <br />RESOLUTION NO. 2006- 121 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS AUTHORIZING AND DIRECTING <br />PUBLICATION OF NOTICE OF THE INTENT OF THE CITY <br />(ALONG WITH THE CITY OF KYLE, THE CITY OF <br />LOCKHART AND THE CANYON REGIONAL WATER <br />AUTHORITY) TO CREATE THE HAYS CALDWELL PUBLIC <br />UTILITY AGENCY; AND OTHER MATTERS IN <br />CONNECTION THEREWITH <br /> <br />WHEREAS, Texas Local Government Code Chapter 422, as amended (the "PUA <br />Act"), authorizes public entities to create a public utility agency to plan, finance, <br />construct, own, operate, or maintain facilities necessary for the conservation, storage, <br />transportation, treatment, or distribution of water and wastewater, including a plant site, <br />right-of-way, and property, equipment, or right of any kind useful in connection with the <br />conservation, storage, transportation, treatment, or distribution of water and wastewater; <br />and <br /> <br />I <br /> <br />WHEREAS, under Section 422.054 of the PUA Act, each of the public entities <br />electing to participate in the creation of a public utility agency must publish a notice of its <br />intention to create the public utility agency prior to the adoption of a resolution approving <br />the creation of the public utility agency; and <br /> <br />WHEREAS, the City of San Marcos, Texas (the "City"), the City of Lockhart, <br />Texas, the City of Kyle, Texas, and the Canyon Regional Water Authority (collectively, <br />the "Participating Public Entities") each have the authority to engage in the conservation, <br />storage, transportation, treatment, or distribution of water; and <br /> <br />WHEREAS, the Participating Public Entities have determined that forming a <br />public utility agency for the joint financing, acquisition, construction, ownership, <br />operation, and maintenance of a project to secure rights to water and to produce, <br />transport, treat, store and distribute water (the "Project") will achieve economies of scale <br />in providing essential utility services to the public, will promote the orderly economic <br />development of the State of Texas (the "State"), and will provide environmentally sound <br />protection of the State's future water needs; and <br /> <br />WHEREAS, the City is a public entity as defined in Section 422.001(3) of the <br />PUA Act, and the City Council of the City (the "Council") wishes to authorize and direct <br />the publication of the notice of the City's intention to create the Hays Caldwell Public <br />Utility Agency; NOW, THEREFORE, <br /> <br />I <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS: <br />