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<br />water will supply 90% of our average daily usage or 50% of our <br />historic peak. <br />On September 8, 1990, the City of San Marcos held a bond election <br />with a proposition seeking voter approval of the issuance of <br />$8,500,000 in water revenue bonds for the construction of a <br />surface water treatment plant. This proposition was approved by <br />the people of San Marcos by a vote of 877 to 509, or 63.3%. <br />San Marcos is currently in the planning phase of the surface water <br />treatment plant project. <br />The City of San Marcos requests assistance from the Edwards <br />Underground Water District to provide funding for the purchase of <br />surface water from the Guadalupe-Blanco River Authority of 5,000 <br />acre feet per year for the first five years of the project <br />beginning in 1995. Our contract cost for stored water with GBRA is <br />$44.76 per acre foot. The estimated annual cost is $223,800 and <br />the cost over five years is $1,119,000. <br />The City of San Marcos anticipates acquiring additional water <br />rights from the Guadalupe-Blanco River Authority in the future. <br />We request consideration of assistance from the Edwards <br />Underground Water District in the purchase of such additional <br />surface water used to reduce withdrawals from the Edwards Aquifer. <br />