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<br />d. That the Director of the Board prepare the articles of dissolution for filing with the <br />Secretary of State as set forth. in Article 6~O6 of the Texas Business Corporation Act <br /> <br />:5711 <br /> <br />e. That the Director of the Board is hereby authorized to take all further action necessary and <br />desirable to dissolve the Corporation as soon as practiéable, including necessary filing <br />requirements with the U. S. Internal Revenue Service. <br /> <br />Part 3. Notification to the Texas Natural Resource Conservation Commission to acquire <br />assets of <br />Enm Water Companv. Inc. <br /> <br />a. That the City Manager notify the Commission of the City's intent to merge the water system <br />of the Corporation with that of the City of San Marcos and to request that the requirements of <br />public notice set forth in Section 13.301(a) of the Texas Water Code be waived because of the <br />prior stock transfer notification, the general common knowledge of the transaction in the service <br />area, and the City's desire to incorporate the Corporation's service area within its municipal <br />water system as rapidly as possible due to restrictions imposed by the Texas Constitution and <br />the need to make water rates within the Corporation's service area consistent with the City's <br />rates for other municipal water customers. Said notification and request for waiver of public <br />notice shall commence as soon as practicable. <br /> <br />b. That in the alternative, should waiver of the public notice requirements of Section 13.30 1 (a) <br />of the Texas Water Code be denied, the City Manager provide public notice of the merger of <br />the San Marcos municipal water system with that of the Corporation. Said notification to the <br />Commission and public notice shall commence as soon as practicable. <br /> <br />PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS on this 24TH day of February, 1997. <br /> <br />b~ ~. ~ <br /> <br />Billy G. Moore, Mayor <br /> <br />ATTEST: <br /> <br /> <br />[SEAL] <br /> <br />I <br />'--' <br />