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R-00-02-08-10B2 - 2/8/2000A A CITY OF ROUND ROCK r Mayor Robert A. Shako, Jr. Mayor Pro-tem Martha A. Chavez Council Members Tom Nielson Earl M. Hairston Rick Stewart Earl Palmer Jimmy Joseph City Manager Robert L. Bennett, Jr. City Attorney Stephan L Sheets April 5, 2000 Mr. Tom Ray Brazos River Authority P.O. Box 7555 Waco, TX 76714 -7555 Dear Mr. Ray: erely, Joanne Land Assistant City Manager/ City Secretary Enclosures Fax: 512- 218 -7097 221 East Main Street Round Rock, Texas 78664 512. 218 -5400 The Round Rock City Council approved Resolution No. R- 00- 02- 08 -10B at their regularly scheduled meeting on February 8, 2000. This resolution addresses the Amendment of Agreements Respecting Construction and Operation of Williamson County Raw Water Line. Enclosed is a copy of the resolution and two original agreements. Please return one of the original agreements, to my attention, after it has been fully executed. If you have any questions, please do not hesitate to contact Steve Sheets (512) 255 -5805. 1 -800- 735 -2989 TDD 1- 800 -735 -2988 Voice www.ci.round- rock.tx.us DAVID B. KULTGEN Ms. Christine Martinez City of Round Rock Administration 221 East Main Street Round Rock, Texas 78664 Re: Brazos River Authority Dear Ms. Martinez: LAW OFFICES BEARD & KULTGEN CENTRAL TOWER, SUITE DOI S400 BOSOUE BLVD. WACO, TEXAS 70710 February 29, 2000 We are attorneys for Brazos River Authority. At the direction of Ron Anderson, we mail herewith two (2) clean copies of the latest Amendment of Agreements Respecting Construction And Operation of Williamson County Raw Water Line to replace copies previously furnished to the City of Round Rock. sio„ , 6 5 r � CI 7W(\' oei 1 1 Yours very truly, RECEIVED MAR 0 2 2000 P.O. BOX 21117 WACO, TEXAS 76 702 -1 11 7 PHONE: 254 -776 -5500 E davldbkullgencjuno.cam TELECOPIER: 266-776-35.1 Brazos River Authority April 24, 2000 Ms. Joanne Land Assistant City Manager /City Secretary City of Round Rock 221 East Main Street Round Rock, Texas 78664 Dear Ms. Land: Pursuant to Section 4 of the "Amendment Of Agreements Respecting Construction And Operation Of Williamson County Raw Water Line ", I certify that all parties, City of Georgetown, City of Round Rock, Jonah Special Utility District, Chisholm Trail Special Utility District, Brushy Creek Municipal Utility District and Brazos River Authority, have executed this Amendment. The effective date of this Amendment is April 17, 2000. In executing their copy of the Amendment, Jonah Special Utility District entered the date of February 17, 2000, on page one. This is the date of Jonah's execution, but the effective date remains April 17, 2000 for all parties. Also, the signature block for the City of Round Rock incorrectly stated "President" rather than "Mayor ". This error was corrected by hand on Round Rock's copy. Please find enclosed an original of the Amendment for your files. Thank you for your cooperation in this matter. I look forward to working with you in constructing the Williamson County Raw Water Line and completing this vital project. Sincerely Gary G General I4nager GG:jwj Enclosure w: \corr\gwyn \round rock wm co agrmt Itr.doc RECEIVED APR 2 8 20011 4400 Cobbs Drive • P.O. Box 7555 • Waco, Texas 76714 -7555 254- 776 -1441 • FAX 254 - 772 -5780 QUALITY • CONSERVATION • SERVICE AMENDMENT OF AGREEMENTS RESPECTING CONSTRUCTION AND OPERATION OF WILLIAMSON COUNTY RAW WATER LINE This Amendment of Agreements Respecting Construction And Operation Of Williamson County Raw Water Line ( "Amendment of Multiple Agreements ") made and entered into this /7 day of a j , 2000, between and among BRAZOS RIVER AUTHORITY ( "Authority"), a river authority of the State of Texas, CITY OF GEORGETOWN ( "Georgetown "), a home rule city of Williamson County, Texas, CITY OF ROUND ROCK ( "Round Rock "), a home rule city of Williamson County, Texas, JONAH SPECIAL UTILITY DISTRICT ( "Jonah "), a special utility district of Williamson County, Texas, BRUSHY CREEK MUNICIPAL UTILITY DISTRICT ( "Brushy Creek "), a municipal utility district of Williamson County, Texas, and CHISHOLM TRAIL SPECIAL UTILITY DISTRICT ( "Chisholm Trail "), a special utility district of Williamson County, Texas. 1. DEFINITIONS. Terms used in this Amendment of Multiple Agreements shall have the meanings ascribed to them in the definitions provided in Multiple Agreements (hereinafter defined). In addition, as used herein, the following terms shall have the following meanings: (a) "Base Agreement" shall mean the agreement, as amended, among Authority, Georgetown, Round Rock and Jonah dated June 30, 1986, known as "Williamson County Raw Water Line Agreement ", providing for construction and operation by Authority of Williamson County Raw Water Line. (b) "Brushy Creek Agreement" shall mean the agreement between Authority and Brushy Creek dated October 1, 1998, known as "Participation Agreement With Respect To Williamson County Raw Water Line" providing for use of Williamson County Raw Water Line to transport water for Brushy Creek. (c) "Chisholm Trail Agreement" shall mean the agreement between Authority and Chisholm Trail dated March 15, 1999, known as "Chisholm Trail Participation Agreement With Respect To Williamson County Raw Water Line ", providing for use of Williamson County Raw Water Line to transport water for Chisholm Trail. (d) "Discount Rate" means a rate equal to the yield to maturity rate on First Construction Issue. (e) "Financial Advisor" shall mean First Southwest Company, Authority's financial advisor. (t) "First Construction Issue" shall mean the first issue of Bonds made after the date of this Amendment. (g) "Issue Date" shall mean the date on which Authority shall sell the First Construction Issue. (h) "Multiple Agreements" shall mean Base Agreement, Brushy Creek Agreement and Chisholm Trail Agreement, collectively. 2 2. RECITALS. Subsection 5(b) of Base Agreement, Subsection 6(b) of Brushy Creek Agreement and Subsection 6(b) of Chisholm Trail Agreement each contain provisions respecting the amount of and each Participant's share of the Debt Service part of each Monthly Charge. It has now been determined that the financial situation and water rates of Round Rock are such that it can support payments of Monthly Charges which include accelerated amounts of Debt Service in the years immediately following Issue Date with revenues from anticipated water rates in those years. This is not the case with Georgetown and may not be the case with the other Participants. On this account, it is in the interest of Georgetown to defer a portion of the Debt Service parts of Monthly Charges otherwise allocable to it under Base Agreement. It may be in the interest of other Participants to obtain similar deferrals. Round Rock is agreeable to arrangements for such a deferral of Georgetown's obligations and possibly those of other Participants, provided that the present value of the payments which it is required to make as its share of the Debt Service parts of Monthly Charges over the life of First Construction Issue is not increased. The purpose of this Amendment of Multiple Agreements is to amend each of Multiple Agreements to accommodate the needs of Georgetown and possibly those of other Participants by making possible deferral of a portion of its (their) payments with respect to the Debt Service part of each Monthly Charge in the early years during which such payments are required through (i) increasing the amounts of the payments initially required of Round Rock, (ii) decreasing those required of Round Rock in later years, (iii) 3 decreasing the payments initially required of Georgetown and possibly those of other Participants, and (iv) increasing the payments required of Georgetown and possibly those of other Participants in later years, all without changing the present value of those payments to be made by each over the life of First Construction Issue. 3. AMENDMENT OF SECTIONS 5(b) and 6(b). Subsection 5(b) of Base Agreement and Subsection 6(b) of each of Brushy Creek Agreement and Chisholm Trail Agreement are amended so that each of such Subsections reads as follows: "(i) The Debt Service part of the total of all Monthly Charges each month shall be an amount which, when multiplied by the number of months between the dates on which the last and the next installments of Debt Service are payable by Authority, will result in a product which shall be sufficient to produce the amount of money which will be needed by Authority to pay the next installment of Debt Service when due. (ii) Except as hereinafter provided, each Participant's share of the Debt Service part of the Monthly Charge for each month shall be a percentage of total of the Debt Service part of all Monthly Charges for such month which is equal to the percentage of the total amounts of water available to all Participants under Stillhouse Supply Agreements which is available to such Participant. The amounts of water available to each Participant each year and the percentages which the individual amounts represent of the total available under the Stillhouse Supply Agreements are as set forth in the following table: PARTICIPANT WATER PERCENTAGES Georgetown 15,448 (at) 36.885% Round Rock 18,134 (at) 43.299% Jonah 2,439 (af) 5.824% Brushy Creek 4,000 (af) 9.551% Chisholm Trail 1,860 (af) 4.441% TOTAL 41,881(af) 100% 4 (iii) The foregoing provisions of this Subsection (b) notwithstanding, Authority shall, immediately following the sale of First Construction Issue, cause Financial Advisor to analyze the debt structure, the water rates and other relevant factors respecting each Participant for the purpose of recommending a schedule for allocation of the Debt Service parts of Monthly Charges for each month over the life of First Construction Issue among Participants in a manner that will result in ability of each Participant to meet its obligations with minimum disturbance of its rate structure for treated water while allocating to each a percentage of the present value of the total amount of Debt Service over the life of First Construction Issue (determined in the judgment of Financial Advisor) which is equal to the percentage available to the Participant of the total amount of water available to all Participants set forth in the above table. Authority shall deliver a copy of the proposed schedule to each Participant. Should all of Participants so agree by written notice to Authority given by each within 25 days after receipt of the schedule, the Debt Service parts of Monthly Charges for each Participant for each month thereafter during the life of First Construction Issue shall be those shown in the schedule. (iv) Failing receipt of such written notices from all Participants within such 25 day period, Authority shall cause Financial Advisor to prepare a second schedule for allocation of the Debt Service parts of the Monthly Charges for each month over the life of First Construction Issue. The second schedule shall be so designed that (A) the sum of the payments to be made each month by each of Georgetown and Round Rock for Debt Service shall, as closely as is practical given the limitations of the computer capability available to Financial Advisor in dealing with Bonds in denominations of multiples of $5,000, equal 80.184% of the Debt Service parts of the total of all Monthly Charges for such month and (B) in the judgment of Financial Advisor, the present value of the Debt Service parts of Monthly Charges shown for each of Round Rock and Georgetown over the life of First Construction Issue shall, in the case of Georgetown, equal 36.885% of the present value of the Debt Service parts of Monthly Charges for all Participants over the life of First Construction Issue and, in the case of Round Rock, shall equal 43.299 %. Should both Round Rock and Georgetown so agree by written notice to Authority given by each within 45 days after receipt of the second schedule, the Debt Service parts of Monthly Charges relating to First Construction Issue to be made by each of Round 5 Rock and Georgetown shall be those shown by the second schedule. Otherwise, the Debt Service parts of Monthly Charges for each shall be determined by application of the percentages shown in the above table. (v) Pending receipt of the written notices of agreement required for the effectiveness of either of the above described schedules or expiration of the time provided for the delivery of such written notices, the Debt Service parts of Monthly Charges becoming payable shall be determined by the application of the percentages shown in the above table. (vi) Should either of the above schedules prepared by Financial Advisor become effective and should Authority thereafter become obligated to supply or deliver additional water through Project, Authority shall, with the advice of Financial Advisor, make such revisions in the effective schedule as are determined by it to be just and equitable under the then existing circumstances. (vii) In determining the present value of amounts payable in the future, Financial Advisor shall use Discount Rate." 4. MULTIPLE COUNTERPARTS. Circulation of counterparts of this Amendment of Agreements among Customers to obtain the signatures of all Customers on the same copies hereof would be inconvenient and result in delay. Therefore, this Amendment of Agreements has been prepared in multiple copies with two copies being prepared for signature on behalf of Authority, on the one hand, and on behalf of each Customer, alone, on the other hand. When all copies have been signed on behalf of Authority and each of the copies prepared for the signature of each Customer has been signed by such Customer, Authority shall give written notice of such fact to all Customers and this Amendment of Agreements shall thereupon become effective. Authority shall retain possession of one copy of this Amendment of Agreement executed by it on the one 6 hand and each Customer on the other hand. Each Customer shall receive possession of one copy executed by Authority on the one hand and by it on the other hand. This Amendment of Agreement, when it becomes effective, shall be binding on Authority and all Customers and subject to enforcement by any party against any other. BRAZOS RIVER AUTHORITY ATTEST Assistant Secretary ATTEST: Secretary [D.\ Brazos \Chisholm Trail P,mendment.wpd] i BY IL_. W.:JAW Gary G General M/ager CITY OF ROUND ROCK 7 "Authority" "Round Rock" RESOLUTION NO. R- 00- 02- 08 -10B2 WHEREAS, the Brazos River Authority ( "BRA ") the City of Georgetown ( "Georgetown "), the City of Round Rock ( "City "), and the Jonah Water Special Utility District ( "Jonah ") entered into that one certain Williamson County Regional Raw Water Line Agreement ( "Base Agreement ") on June 30, 1986, as amended by Amendment No. 1 and Amendment No. 2, and WHEREAS, the above named parties to the Base Agreement wish to amend same to customize the City's financing with the BRA, and WHEREAS, BRA has prepared a document entitled Amendment of Agreements Respecting Construction and Operation of Williamson County Raw Water Line, which the City Council wishes to approve, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS, That the Mayor is hereby authorized and directed to execute on behalf of the City the Amendment of Agreements Respecting Construction and Operation of Williamson County Raw Water Line, a copy of which is attached hereto and incorporated herein for all purposes. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to K: \ waaacs \wssommTI \0002 az.wna /aa the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended, and the Act. RESOLVED this 8th day of February, 2000. ATTEST: ZaAtzb E LAND, City Secretary 2 ROBERT A. STLUKA, 3K., Mayor City of Round Rock, Texas AMENDMENT OF AGREEMENTS RESPECTING CONSTRUCTION AND OPERATION OF WILLIAMSON COUNTY RAW WATER LINE This Amendment of Agreements Respecting Construction And Operation Of Williamson County Raw Water Line ( "Amendment of Multiple Agreements ") made and entered into this day of , 2000, between and among BRAZOS RIVER AUTHORITY ( "Authority"), a river authority of the State of Texas, CITY OF GEORGETOWN ( "Georgetown "), a home rule city of Williamson County, Texas, CITY OF ROUND ROCK ( "Round Rock "), a home rule city of Williamson County, Texas, JONAH SPECIAL UTILITY DISTRICT ( "Jonah "), a special utility district of Williamson County, Texas, BRUSHY CREEK MUNICIPAL UTILITY DISTRICT ( "Brushy Creek "), a municipal utility district of Williamson County, Texas, and CHISHOLM TRAIL SPECIAL UTILITY DISTRICT ( "Chisholm Trail "), a special utility district of Williamson County, Texas. 1. DEFINITIONS. Terms used in this Amendment of Multiple Agreements shall have the meanings ascribed to them in the definitions provided in Multiple Agreements (hereinafter defined). In addition, as used herein, the following terms shall have the following meanings: (a) "Base Agreement" shall mean the agreement, as amended, among Authority, Georgetown, Round Rock and Jonah dated June 30, 1986, known as "Williamson County Raw Water Line Agreement ", providing for construction and operation by Authority of Williamson County Raw Water Line. (b) "Brushy Creek Agreement" shall mean the agreement between Authority and Brushy Creek dated October 1, 1998, known as "Participation Agreement With Respect To Williamson County Raw Water Line" providing for use of Williamson County Raw Water Line to transport water for Brushy Creek. (c) "Chisholm Trail Agreement" shall mean the agreement between Authority and Chisholm Trail dated March 15, 1999, known as "Chisholm Trail Participation Agreement With Respect To Williamson County Raw Water Line ", providing for use of Williamson County Raw Water Line to transport water for Chisholm Trail. First Construction Issue. (d) "Discount Rate" means a rate equal to the yield to maturity rate on (e) Authority's financial advisor. (f) made after the date of this Amendment. (g) "Financial Advisor" shall mean First Southwest Company, "First Construction Issue" shall mean the first issue of Bonds "Issue Date" shall mean the date on which Authority shall sell the First Construction Issue. (h) "Multiple Agreements" shall mean Base Agreement, Brushy Creek Agreement and Chisholm Trail Agreement, collectively. 2 2. RECITALS. Subsection 5(b) of Base Agreement, Subsection 6(b) of Brushy Creek Agreement and Subsection 6(b) of Chisholm Trail Agreement each contain provisions respecting the amount of and each Participant's share of the Debt Service part of each Monthly Charge. It has now been determined that the financial situation and water rates of Round Rock are such that it can support payments of Monthly Charges which include accelerated amounts of Debt Service in the years immediately following Issue Date with revenues from anticipated water rates in those years. This is not the case with Georgetown and may not be the case with the other Participants. On this account, it is in the interest of Georgetown to defer a portion of the Debt Service parts of Monthly Charges otherwise allocable to it under Base Agreement. It may be in the interest of other Participants to obtain similar deferrals. Round Rock is agreeable to arrangements for such a deferral of Georgetown's obligations and possibly those of other Participants, provided that the present value of the payments which it is required to make as its share of the Debt Service parts of Monthly Charges over the life of First Construction Issue is not increased. The purpose of this Amendment of Multiple Agreements is to amend each of Multiple Agreements to accommodate the needs of Georgetown and possibly those of other Participants by making possible deferral of a portion of its (their) payments with respect to the Debt Service part of each Monthly Charge in the early years during which such payments are required through (i) increasing the amounts of the payments initially required of Round Rock, (ii) decreasing those required of Round Rock in later years, (iii) 3 decreasing the payments initially required of Georgetown and possibly those of other Participants, and (iv) increasing the payments required of Georgetown and possibly those of other Participants in later years, all without changing the present value of those payments to be made by each over the life of First Construction Issue. 3. AMENDMENT OF SECTIONS 5(b) and 6(b). Subsection 5(b) of Base Agreement and Subsection 6(b) of each of Brushy Creek Agreement and Chisholm Trail Agreement are amended so that each of such Subsections reads as follows: "(i) The Debt Service part of the total of all Monthly Charges each month shall be an amount which, when multiplied by the number of months between the dates on which the last and the next installments of Debt Service are payable by Authority, will result in a product which shall be sufficient to produce the amount of money which will be needed by Authority to pay the next installment of Debt Service when due. Except as hereinafter provided, each Participant's share of the Debt Service part of the Monthly Charge for each month shall be a percentage of total of the Debt Service part of all Monthly Charges for such month which is equal to the percentage of the total amounts of water available to all Participants under Stillhouse Supply Agreements which is available to such Participant. The amounts of water available to each Participant each year and the percentages which the individual amounts represent of the total available under the Stillhouse Supply Agreements are as set forth in the following table: PARTICIPANT WATER PERCENTAGES Georgetown 15,448 (al) 36.885% Round Rock 18,134 (al) 43.299% Jonah 2,439 (al) 5.824% Brushy Creek 4,000 (al) 9.551% Chisholm Trail 1,860 (af) 4.441% TOTAL 41,881(af) 100% 4 (iii) The foregoing provisions of this Subsection (b) notwithstanding, Authority shall, immediately following the sale of First Construction Issue, cause Financial Advisor to analyze the debt structure, the water rates and other relevant factors respecting each Participant for the purpose of recommending a schedule for allocation of the Debt Service parts of Monthly Charges for each month over the life of First Construction Issue among Participants in a manner that will result in ability of each Participant to meet its obligations with minimum disturbance of its rate structure for treated water while allocating to each a percentage of the present value of the total amount of Debt Service over the life of First Construction Issue (determined in the judgment of Financial Advisor) which is equal to the percentage available to the Participant of the total amount of water available to all Participants set forth in the above table. Authority shall deliver a copy of the proposed schedule to each Participant. Should all of Participants so agree by written notice to Authority given by each within 25 days after receipt of the schedule, the Debt Service parts of Monthly Charges for each Participant for each month thereafter during the life of First Construction Issue shall be those shown in the schedule. (iv) Failing receipt of such written notices from all Participants within such 25 day period, Authority shall cause Financial Advisor to prepare a second schedule for allocation of the Debt Service parts of the Monthly Charges for each month over the life of First Construction Issue. The second schedule shall be so designed that (A) the sum of the payments to be made each month by each of Georgetown and Round Rock for Debt Service shall, as closely as is practical given the limitations of the computer capability available to Financial Advisor in dealing with Bonds in denominations of multiples of $5,000, equal 80.184% of the Debt Service parts of the total of all Monthly Charges for such month and (B) in the judgment of Financial Advisor, the present value of the Debt Service parts of Monthly Charges shown for each of Round Rock and Georgetown over the life of First Construction Issue shall, in the case of Georgetown, equal 36.885% of the present value of the Debt Service parts of Monthly Charges for all Participants over the life of First Construction Issue and, in the case of Round Rock, shall equal 43.299 %. Should both Round Rock and Georgetown so agree by written notice to Authority given by each within 45 days after receipt of the second schedule, the Debt Service parts of Monthly Charges relating to First Construction Issue to be made by each of Round 5 Rock and Georgetown shall be those shown by the second schedule. Otherwise, the Debt Service parts of Monthly Charges for each shalt be ., determined by application of the percentages shown in the above table. (v) Pending receipt of the written notices of agreement required for the effectiveness of either of the above described schedules or expiration of the time provided for the delivery of such written notices, the Debt Service parts of Monthly Charges becoming payable shall be determined by the application of the percentages shown in the above table. (vi) Should either of the above schedules prepared by Financial Advisor become effective and should Authority thereafter become obligated to supply or deliver additional water through Project, Authority shall, with the advice of Financial Advisor, make such revisions in the effective schedule as are determined by it to be just and equitable under the then existing circumstances. (vii) In determining the present value of amounts payable in the future, Financial Advisor shall use Discount Rate." 4. MULTIPLE COUNTERPARTS. Circulation of counterparts of this Amendment of Agreements among Customers to obtain the signatures of all Customers on the same copies hereof would be inconvenient and result in delay. Therefore, this Amendment of Agreements has been prepared in multiple copies with two copies being prepared for signature on behalf of Authority, on the one hand, and on behalf of each Customer, alone, on the other hand. When all copies have been signed on behalf of Authority and each of the copies prepared for the signature of each Customer has been signed by such Customer, Authority shall give written notice of such fact to all Customers and this Amendment of Agreements shall thereupon become effective. Authority shall retain possession of one copy of this Amendment of Agreement executed by it on the one 6 hand and each Customer on the other hand. Each Customer shall receive possession of one copy executed by Authority on the one hand and by it on the other hand. This Amendment of Agreement, when it becomes effective, shall be binding on Authority and all Customers and subject to enforcement by any party against any other. BRAZOS RIVER AUTHORITY ATTEST: Assistant Secretary ATTEST: Secretary [D,\Brazos \Chisholm Trail Amendment.wpd] BY Gary Gwyn, General Manager 7 "Authority" CITY OF ROUND ROCK "Round Rock" hand and each Customer on the other hand. Each Customer shall receive possession of one copy executed by Authority on the one hand and by it on the other hand. This Amendment of Agreement, when it becomes effective, shall be binding on Authority and all Customers and subject to enforcement by any party against any other. BRAZOS RIVER AUTHORITY ATTEST: ATTEST: Assistant Secretary Secretary [D \Brazos \Chisholm Trail Amendmentwpd] BY Gary Gwyn, General Manager "Authority" CHISHOLM TRAIL SPECIAL UTILITY DISTRICT BY President 7 "Chisholm Trail" hand and each Customer on the other hand. Each Customer shall receive possession of one copy executed by Authority on the one hand and by it on the other hand. This Amendment of Agreement, when it becomes effective, shall be binding on Authority and all Customers and subject to enforcement by any party against any other. BRAZOS RIVER AUTHORITY ATTEST: ATTEST: Assistant Secretary Secretary tDAarazos \Chisholm Trail Amendment.wpd] BY Gary Gwyn, General Manager "Authority" BRUSHY CREEK MUNICIPAL UTILITY DISTRICT BY President 7 "Brushy Creek" hand and each Customer on the other hand. Each Customer shall receive possession of , one copy executed by Authority on the one hand and by it on the other hand. This Amendment of Agreement, when it becomes effective, shall be binding on Authority and all Customers and subject to enforcement by any party against any other. BRAZOS RIVER AUTHORITY ATTEST: ATTEST: Assistant Secretary Secretary [D:\Brazos \Chisholm Trail Amendment.wpd] BY Gary Gwyn, General Manager "Authority" JONAH SPECIAL UTILITY DISTRICT BY President 7 "Jonah" hand and each Customer on the other hand. Each Customer shall receive possession of one copy executed by Authority on the one hand and by it on the other hand. This Amendment of Agreement, when it becomes effective, shall be binding on Authority and all Customers and subject to enforcement by any party against any other. BRAZOS RIVER AUTHORITY ATTEST: ATTEST: Assistant Secretary Secretary [D:\Brazos \Chisholm Trail Amendment.wpd] BY Gary Gwyn, General Manager "Authority" CITY OF GEORGETOWN BY President 7 "Georgetown" DATE: February 4, 2000 SUBJECT: City Council Meeting —February 8, 2000 ITEM: 10.B.2 Consider a resolution authorizing the Mayor to execute an amendment of agreements respecting construction and operation of Williamson county raw water line. This amendment allows the participants in the raw water line being constructed between Lake Georgetown and Lake Stillhouse to tailor debt service schedules specifically to the needs of each participant.