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BAWA Resolution - Amendment for Water Rights for Lake Conroe RESOLUTION AUTHORIZING AN AMENDMENT AND ADDENDUM TO APPLICATION TO ACQUIRE THE STATE 'S INTEREST IN LAKE CONROE FROM THE TEXAS WATER DEVELOPMENT BOARD WHEREAS, the Baytown Area Water Authority (the "Authority") has filed an application with the Texas Water Development Board (the "Board") to purchase 20.18% of the water storage space in Lake Conroe; ' WHEREAS, the Board has informed the Authority that it now owns 18. 34% of such Vater storage space and the Au- thority desires to purchase all of such water storage space, or so much thereof as the Board may own at the time the Application is granted; WHEREAS, the Authority deems it necessary and ad- visable to amend and add certain items of information to the Application to the Board. THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE BAYTOWN AREA WATER AUTHORITY THAT: Section 1. The General Manager of the Authority is authorized and directed, for and on behalf of the Au- thority to date, sign, seal, and otherwise execute the First Amendment and Addendum to the Application in substantially the form and substance set forth in Exhibit A, which exhibit is attached hereto and made a part hereof. Section 2. The General Manager of the Authority or the attorneys for the Authority, or either of them, are hereby authorized to file such First Amendment and Addendum to the Application with the Board and with any other approp- riate.- governmental agency, including the Texas Water Rights Commission. s Section 3. The General Manager of the Authority, the attorneys for the Authority with respect to the Appli- cation, Fulbright & Crooker, the consulting engineers for the Authority with respect to the Application, Lockwood, Andrews & Newnam, and the financial advisors for the Au- thority with respect to the Application, Underwood, Neuhaus & Co. Incorporated, and such other officials of the Authority as the General Manager desires to have present, are hereby authorized to appear at any public meeting of the Board, or any other governmental agency, with respect to the i Application. Section 4. The General Manager is authorized to further amend and supplement the Application with facts within the knowledge of the General Manager, at his dis- cretion, at any time which he deems advisable or necessary in connection with obtaining the approval by the Board of the Application, as amended and supplemented from time to time. BEFORE THE TEXAS WATER DEVELOPMENT BOARD IN RE: APPLICATION TO ACQUIRE THE STATE'S INTEREST IN LAKE CONR_OE FROM THE TE S WATER DEVELOPMENT BOARD FIRST AMENDMENT AND ADDENDUM TO APPLICATION OF THE BAYTOWN AREA WATER AUTHORITY 1 . By Application dated August 6, 1974 (the "Original Application") , the Baytown Area Water Authority (hereinafter called the "Authority") , created, organized, and existing under the provisions of Chapter 600, Acts of the 63rd Legislature of the State of Texas, Regular Session, 1973, 63rd Legislature of the State of Texas, Regular Session, 1973, in order that the City of Baytown, Texas (the "City") , and its adjoining areas may be assured of an adequate supply of water, applied to the Texas Water Development Board (the "Board") to pur- chase the State's interest in Lake Conroe. 2. The Original Application and this First Amendment and Addendum to the Original Application (hereinafter collectively called the "Application") was and is presented pursuant to the Rules, Regulations, and Policies of the Board. 3. The Authority's General Manager, and official representative, is Mr. Fritz Lanham, whose address is City Hall , Baytown, Texas, and he is the representative of the Authority to whom correspondence may be directed. 4. The Authority has designated Lockwood, Andrews & Newnam, Houston, Texas, as the engineer for the Application. 5. The Authority's legal counsel for the Application is Fulbright & Crooker, 800 Bank of the Southwest Building, Houston, Texas 77002. 6. The Original Application assumed that the Board owned 20.18% of the water storage space in Lake Conroe; however, the Board has informed the Authority that it now owns an 18.34% undivided interest in Lake Conroe. The Authority desires to purchase all of such water storage space, or so much thereof as the Board may own at the time this Application is granted, at a purchase price equal to the State's Investment ($5,376,035.42) plus statutory interest to the date of such purchase (the "Purchase Price"). 7. The Authority will propose to issue its revenue bonds in a total principal amount now contemplated to be $ 6,000,000 (the "Bonds") , and de- liver the Bonds to the Board as the payment for the Purchase Price. The Bonds would be secured pursuant to the terms of a contract between the Authority and the City, which contract is conditioned upon approval of the voters in an election by the qualified voters of the City to be called in the near future. Payments made by the City pursuant to such contract would be from the revenues generated by the City's waterworks and sewer system. The proposed debt service schedule for the Bonds is attached hereto as Annex I, and incorporated by re- ference herein. 8. Since the Bonds would be used solely to pay the Purchase Price, no major facilities or other items needed to make use of the facilities will be acquired. However, additional bonds would be issued by the Authority for such purpose after acquisition by the Authority of the State's interest re- quested herein. E X H I B IT "A" 9 . The Authority requests that the Board grant to the Authority a preliminary approval of the Application so that it may proceed to call the above referred to election and to prepare a proposed transfer agreement. 10. The Authority will supplement the Application from time to 'time with factual information, the results of the election held by the City, and related matters as such events occur. Meanwhile, as above requested, the Authority requests that the Board commence its consideration of the Authority's request to purchase the described conservation storage space in Lake Conroe, and to make such investigation and such studies as the Board may determine to be necessary or advisable. WITNESS THE HAND OF THE GENERAL MANAGER OF THE AUTHORITY, pursuant to a Resolution duly adopted by the Board of Directors of the Authority on the -_.�JZ day of September, 1974. BAYTOWN AREA WATER AUTHORITY By Fritz La ham, neral Manager (AUTHORITY'S SEAL) BD 104 C Mr 2 r N. \C f\Q N j\j C) NO C., U, U L C- C, C. C-' C-; Q�) k-� C; C;, C) 4: C_. Cj F. ry G) k..., r. IN U. C . 1. Q' I,j L*, C. u t, C, _r 1%, r 0, IV N: UI —J U, CN —1 c, C C \C, \C. O- C., CP c C sk Co NJ K CO o, I-,. C-) 41. 'o N! C. Ili b ANNEX I c 9 3 Z a IC CERTIFICATE FOR RESOLUTION AUTHORIZING AN AMENDMENT AND ADDENDUM TO APPLICATION TO ACQUIRE THE STATE'S INTEREST IN LAKE CONROE FROM THE TEXAS WATER DEVELOPMENT BOARD THE STATE OF TEXAS § COUNTY OF HARRIS § BAYTOWN AREA WATER AUTHORITY § WE, the undersigned officers of the Board of Directors of the Baytown Area Water Authority (hereinafter called the "Board") , hereby certify as follows : 1. The Board convened in special session on the 16th day of September, 1974 , at the disignated meeting place, and the roll was called of the duly constituted officers and members of the Board, to-wit: E. C. Kimmons, Jr. , President Robert L. Gillette, Vice President Paul R. Jason, Secretary Tillman D. O'Brien, Jr. , Director I . J. Butrick, Director and all of said persons were present, thus constituting a quorum. Whereupon among other business, the following was transacted at said Meeting: a written RESOLUTION AUTHORIZING AN AMENDMENT AND ADDENDUM TO APPLICATION TO ACQUIRE THE STATE 'S INTEREST IN LAKE CONROE FROM THE TEXAS WATER DEVELOPMENT BOARD was duly introduced for the consideration of the Board and read in full. It was then duly moved and seconded that such Resolution be adopted; and, after due discussion, said motion, carrying with it the adoption of such Resolution, prevailed and carried by the follow- ing votes: AYES : All Board members present as stated above voted "Aye. " NOES : None 2. A true, full, and correct copy of the aforesaid Resolution adopted at the Meeting described in the above and foregoing paragraph is attached to and follows this Certificate; such Resolution has been duly recorded in the Board' s minutes of such Meeting; the above and foregoing paragraph is a true, full, and correct excerpt from the Board' s minutes of such Meeting pertaining to the adoption of such Resolution; the persons named in the above and foregoing paragraph are the duly chosen, qualified, and acting officers and members of the Board as indicated therein; each of the officers and members of the Board was duly and sufficiently notified officially and personally, in advance, of the time, place, and purpose of such Meeting, and that such Resolution would be introduced and considered for adoption at such Meeting and each of said officers and members consented, in advance, to the holding of such Meeting for such purpose; and such Meeting was open to the public, and public notice of the time, place, and purpose of such Meeting was given, all as required by Article 6252-17, Vernon' s Texas Civil Statutes, as amended. SIGNED ND SEALED this 17th day of September, 1974 . 14• f Secretary, Board of Directors Pre i e and of Di ec (SEAL)