Laserfiche WebLink
<br />I <br /> <br />I <br /> <br />I <br /> <br />RESOLUTION NO. 2007- 58 <br /> <br />R <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS APPROVING AN INTERMIN <br />FUNDING AGREEMENT WITH THE HAYS CALDWELL <br />PUBLIC UTILITY AGENCY; AND DECLARING AN <br />EFFECTIVE DATE <br /> <br />RECITALS: <br /> <br />1. The governing bodies of the City, the City of Buda, the City of Kyle, and the <br />Canyon Regional Water Authority (collectively, the "Participating Public Entities") have <br />adopted resolutions approving the creation of the Hays Caldwell Public Utility Agency <br />(the "Agency") under Texas Local Government Code Chapter 422, as amended (the <br />"PUA Act"). <br /> <br />2. The City Council has appointed members to serve on the Agency's Board of <br />Directors and has approved the By-Law's for the Agency. <br /> <br />3. In order to conduct the Agency's business for the remainder of the fiscal year, <br />the Participating Public Entities are each entering into an interim funding agreement with <br />the Agency. <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS: <br /> <br />PART 1. The City Manager, Dan O'Leary, is authorized to execute the advance <br />funding agreement on behalf of the City. <br /> <br />PART 2. This Resolution shall be full force and effect from and after its passage. <br /> <br />ADOPTED on the 3rd day of April 2007. <br /> <br />. <br /> <br /> <br />~auo <br /> <br />Mayor <br /> <br /> <br />I; <br />