R-2020-0230 - 8/27/2020RESOLUTION NO. Rm202O=O230
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS
REGARDING FINANCING OF WILLIAMSON COUNTY REGIONAL RAW WATER
LINE; AUTHORIZING THE MAYOR, CITY MANAGER, AND CITY CLERK TO
TAKE APPROPRIATE ACTIONS; AND DECLARING AN EFFECTIVE DATE
WHEREAS, Brazos River Authority (the "Authority") is an agency and political
subdivision of the State of Texas, duly created and lawfully operating under Chapter 8502 Texas
Special District Local Laws Code, as amended the "Authority Act"), all pto and iursuantn
furtherance of the purposes of Article XVI, Section 59 of the Constitution of Texas; and
WHEREAS, pursuant to separate and individual contracts heretofore executed between
the Authority, on one part, and the City of Georgetown ("Georgetown"),, the City of Round Rock
Is
("Round Rock"), and Brushy Creek Municipal Utility District ("Brushy Creek") (Georgetown,
Round Rock and Brushy Creek are collectively referred to as the "Participants"), the Authority
has contracted to make available to such parties water from Lake Sti"11house Hollow and to divert
water from Lake Sti"11house Hollow to Lake Georgetown; and
WHEREAS, the Authority and Participants have previously entered into the
"Williamson County Regional Raw Water Line Agreement", dated as of June 30, 1986, as
amended by a multitude of amendatory and supplemental agreements thereto (collectively, the
" Project Agreements"), which Project Agreements provide for the Authority to design, construct
and operate facilities for transporting water from Lake St1*11house Hollow committed to
Participants to Lake Georgetown (the "Project") for diversion by them for municipal purposes;
and
WHEREAS, the Authority and Participants have determined it is beneficial and i*n the
best interests of the Participants to amend and restate such Project Agreements and to issue the
hereinafter authorized bonds (the "Bonds") in order to refund the Brazos River Authority
Contract Revenue and Improvement Bonds, Series 2011 (Williamson County Regional Raw
Water Line Project) (the "Refunded Obligations" ) and to fund a Copper Ion Generator Project
(defined below); and
WHEREAS, in order to clearly establish, authorize, ratify and confirm the contractual
arrangements entered into by the Authority and the Participants and all actions taken by Round
Rock in reliance on the Project Agreements, it is deemed to be appropriate to adopt this
resolution.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ROUND ROCK:
SECTION 1,, That the City Council of Round Rock hereby incorporates the recitals set
forth in the preamble hereto as if set forth in full at this place and further finds and determines
that said recitals are true and correct.
0 112.2020;00452651
SECTION 2. That the Amended and Restated Williamson County Regional Raw Water
Line Agreement between the Authority and the Participants (the "A&R Project Agreement"), in
the form presented to the City Council at this meeting, is hereby approved with such changes or
modifications as may be approved by the City Manager, and the Mayor and City Secretary of the
City are hereby authorized and directed to execute said agreement in the name of an on behalf of
the City. With respect to the Project Agreements to which Round Rock is a party and the A&R
Project Agreement, the actions of the City Council in authorizing the execution thereof, the
authorization of, and the execution of such agreements by officers, officials and employees of
Round Rock and all actions taken by Round Rock in reliance upon and pursuant to such
agreements are hereby authorized, ratified and confirmed in all respects concurrently with the
adoption of this resolution.
SECTION 3. That the Mayor, City Manager and City Clerk of Round Rock are hereby
authorized and directed to execute, deliver and take all actions necessary and appropriate relating
to the issuance of Bonds by the Authority for the purpose of refunding the Refunded Obligations
and funding the Copper Ion Generator Project (as defined in the A&R Project Agreement),
including without limitation the execution and delivery of a General Certificate and a Closing
Certificate relating to the Bonds, in substantially the forms presented to the City Council at the
meeting at which this resolution has been adopted, with such changes as may be required by the
Texas Attorney General or the underwriters of said Bonds.
SECTION 4. That this resolution shall take effect immediately upon passage and all
ordinances, orders and resolutions in conflict herewith are repealed to the extent of any such
conflict.
RESOLVED this 27th day of August, 2020.
ATTEST:
SARA L. WHITE, City Clerk
CRAIG 1V�'ORGAN�,�ayor
City of Wound Ro k, Texas
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