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R-96-09-12-10A - 9/12/1996RESOLUTION NO. R- 96- 09- 12 -10A WHEREAS, the City Council has determined that it would be prudent for the future of the City to reserve additional water in Lake Stillhouse Hollow, and WHEREAS, the Brazos River Authority has provided the City with a document entitled System Water Supply Agreement Between Brazos River Authority and City of Round Rock ( "System Water Supply Agreement "), which provides for additional reserve water for the City, and WHEREAS, the City Council wishes to approve said System Water Supply Agreement, 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 System Water Supply Agreement, a copy of which is attached hereto as an exhibit. RESOLVED this 12th day of September, 1996. ATTEST: E LAND, City Secretary X:\ NPDOCS \RRSOLVfI \RS60912A.WPD /o1e (d CHARLES CULP P, Mayor City of Round Rock, Texas SYSTEM WATER SUPPLY AGREEMENT BETWEEN BRAZOS RIVER AUTHORITY AND CITY OF ROUND ROCK TABLE OF CONTENTS 1. RECITALS 1 2. DEFINITIONS 2 3. EFFECTIVE DATE 6 4. AVAILABILITY OF WATER 6 5. DATE AND PLACE OF PAYMENTS 6 6. UNCONDITIONAL NATURE OF PAYMENT OBLIGATION; PRICE 7 7. SOURCE OF PAYMENTS 8 8. INTEREST ON PAST DUE PAYMENT; COLLECTION 8 9. REMEDIES FOR NONPAYMENT OR DEFAULT 9 10. DIVERSION RATE 9 11. WITHDRAWAL FACILITIES 10 12. METERING 10 13. REPORTING 11 14. SYSTEM EXPANSION 11 15. CONSERVATION OF WATER 12 16. WATER QUALITY 13 17. SURPLUS WATER 13 18. WATER SALES BY CITY 14 19. INTERBASIN TRANSFER 15 20. AVAILABILITY OF WATER; SHORTAGES AND YEARLY REPORTS 15 21. OPERATION OF SYSTEM 17 22. FORCE MAJEURE 17 23. WAIVER 18 24. NOTICES AND CERTIFICATIONS 18 25. OTHER REQUIREMENTS 18 26. SEVERABILITY 19 27. ASSIGNMENT 19 28. TERM OF AGREEMENT 19 w:lcontUtMdrock.tc SYSTEM WATER SUPPLY AGREEMENT BETWEEN BRAZOS RIVER AUTHORITY AND CITY OF ROUND ROCK AGREEMENT made and entered into this the 4.1 day of 4g 1996, by and between BRAZOS RIVER AUTHORITY c ( "Authority "), a river authority of the State of Texas, and CITY OF ROUND ROCK ( "City ") of Williamson County, Texas. 1. RECITALS. Authority has entered into a contract with the United States of America by virtue of which it has obtained the right to utilize for water supply purposes a portion of the usable storage space below elevation 622 feet above mean sea level in Lake Stillhouse Hollow ( "Lake ") presently being operated by the United States Army Corps of Engineers and located on the Lampasas River in the State of Texas. Authority is authorized by the State of Texas to store State waters in Lake and to make such waters available for beneficial use. As a result of its contract with the United States of America and its authorization from the State of Texas, Authority has water in Lake which can be made available for use by City. Authority is also authorized to operate certain reservoirs, including Lake, in the Brazos River Basin as a System pursuant to an order of the Texas Water Commission (now Texas Natural Resource Conservation Commission "TNRCC ") issued on July 23, 1964 ( "System Operation Order"). The Final Determination Of All Claims Of Water Rights In The Brazos River Basin And The San Jacinto - Brazos Coastal Basin Maintained By The Brazos River Authority, Fort Bend County W.C.I.D. No. 1 And Galveston County Water Authority ( "Final Determination ") issued on June 26, 1985 by the Texas Water Commission (now TNRCC) clarified and amplified the System Operation Order. Under the System Operation Order as adjudicated by the Final Determination, Authority is authorized to operate Possum Kingdom Reservoir, Lake Granbury, Somerville Reservoir, Stillhouse Hollow Reservoir, Lake Belton, Lake Proctor, Lake Granger, Lake Georgetown, Lake Limestone, Lake Aquilla and Lake Whitney as a System to more efficiently utilize the reservoirs in the System to meet the water supply needs of Authority. Authority has now implemented a system -wide pricing methodology using a cash basis cost -of- service consistent with accepted rate making practices of the water industry. City wishes to contract for 10,000 acre -feet of water per Calendar Year under the terms of this Agreement pursuant to the System -wide pricing methodology, and Authority agrees to make water available to City pursuant to the terms and conditions herein provided. 2. DEFINITIONS. A. The term "Agreement" means this agreement. B. The term "Annual Capital Related Costs" shall mean, for any Fiscal Year, the just and reasonable amounts prudently incurred by Authority for the construction, reconstruction, acquisition or replacement of the System including, without limitation, the principal, interest, reserve requirements, paying agent - registrar fees, debt service coverage requirement and other expenses related to any bonds or other obligations issued and outstanding and used for the purpose of financing or refinancing the capital related costs of the System and cash expenditures therefor to the extent said cash expenditures are reasonable and prudent and not otherwise made available from monies received as coverage on bonds allocable to the System. C. The term "Annual System Operation and Maintenance Expenses" shall mean, for any Fiscal Year, all just and reasonable and prudently incurred costs of operating and maintaining, and for repairs and replacement of, the System including (for greater certainty but without limiting the generality of the 2 foregoing) costs incurred for labor, supervision, engineering, accounting, auditing, legal services, energy, supplies, insurance, payments made by Authority in satisfaction of judgments resulting from claims not covered by Authority's insurance, and services and equipment necessary for the proper operation and maintenance of the System. Operation and maintenance of the System shall include (for greater certainty, but not by way of limitation) activities related to water supply, streamgaging, water quality monitoring, efforts to control salt pollution, planning related to water supply and water quality, all payments made by Authority to the United States of America or others pursuant to the Federal Contracts, all expenditures made by Authority to generally protect the quality of water in the Brazos River or its tributaries, cost of improvements required by the State of Texas, the United States of America or any State or Federal agency, amounts to cover Authority's general and administrative expense allocable to the System and amounts required to prudently maintain appropriate reserves for insuring continuous, reliable and adequate operation, maintenance, repair and replacement of the System. D. The term "Authority" shall mean Brazos River Authority. E. The term "Board" shall mean the Board of Directors of Brazos River Authority. F. The term "Calendar Year" shall mean the period from January 1 through December 31 of any particular year. G. The term "City" shall mean Round Rock. H. The term "Federal Contracts" shall mean those contracts with the United States of America whereby Authority has acquired, is acquiring, or may acquire conservation storage capacity in Federal Reservoirs. I. The term "Federal Reservoirs" shall include the following: Aquilla Dam and Reservoir Belton Dam and Reservoir Georgetown Dam and Reservoir Granger Dam and Reservoir 3 ti Proctor Dam and Reservoir Somerville Dam and Reservoir Stillhouse Hollow Dam and Reservoir Whitney Dam and Reservoir J. The term "Fiscal Year" shall mean Authority's fiscal year from September 1 through August 31, or such other annual fiscal year period as Authority may later determine. K. The term "Highest Lawful Rate" shall mean the maximum rate which Authority may charge on obligations payable under this Agreement without violation of any applicable law or any applicable lawful regulation of any agency of the State of Texas or of the United States having jurisdiction of the matter. L. The term "System" shall mean the Authority's Water Supply System and shall include certain of Authority's facilities and properties insofar as they are related to water supply, to wit, as follows: Morris Sheppard Dam and Possum Kingdom Reservoir, DeCordova Bend Dam and Lake Granbury, Sterling C. Robertson Dam and Lake Limestone, and Authority's conservation storage in the Federal Reservoirs, together with all future extensions, improvements, enlargements and additions to and replacements of the System, and all replacements thereof, specifically added to the System by resolution of the Board; provided that, notwithstanding the foregoing, the term System shall not include (i) any of Authority's facilities and properties not specifically included in the System by the terms of this Agreement or not added by a subsequent resolution of the Board adopted pursuant to Section 14, below, and (ii) any water supply, wastewater or other facilities which have been or are declared not to be a part of the System and which are acquired or constructed by Authority with the proceeds from the issuance of "Special Facilities Bonds ", which are hereby defined as being special revenue obligations of Authority which are not secured by or payable from the revenues of the System but which are secured by and payable solely from special contract 4 revenues or payments received from any persons or other legal entity or entities in connection with such special facilities. M. The term "System Operation Order" shall mean that certain order of the Texas Water Commission (now TNRCC) or its predecessor dated July 23, 1964, as adjudicated by order of the Texas Water Commission (now TNRCC) or its predecessor on June 26, 1985, in the Final Determination Of All Claims Of Water Rights In The Brazos River Basin And The San Jacinto - Brazos Coastal Basin Maintained By The Brazos River Authority. Fort Bend County W.C.I.D. No. 1 And Galveston County Water Authority. N. The term "System Rate" shall mean the rate per acre -foot of water established by Authority from time to time under the system -wide pricing methodology for water made available to City from the System under this Agreement. O. The term 'Total Annual Budgeted System Costs" shall mean the amounts approved by Authority as estimated costs of the System in the annual budgets adopted by Authority for a given Fiscal Year including, without limitation, amounts budgeted to meet Annual System Operation and Maintenance Expenses and Annual System Capital Related Costs. P. The term 'Total System Billing Units" shall mean the total amount of water (expressed in acre -feet per Calendar Year) determined by Authority under accepted engineering practice as necessary to be reserved from firm yield produced by storage in the System to fulfill its commitments for which Authority receives payment under long term (in excess of five years) water sales contracts with City and Authority's other customers; provided, however, such term shall not include amounts of water required by appropriate governmental authority to be reserved in the System for use for bay and estuary purposes, in- stream uses, or for other similar environmental, public or beneficial uses to the extent Authority is not adequately compensated for any such requirement. 5 3. EFFECTIVE DATE. The effective date of this Agreement is September 1, 1996. 4. AVAILABILITY OF WATER. While this Agreement remains in force, Authority agrees to make available to City for withdrawal from Lake an amount of water not to exceed 10,000 acre -feet of water per Calendar Year. While such water will be withdrawn from Lake, it may be accounted for by Authority as provided by the System Operation Order, as modified by the Final Determination. City represents, and Authority relies on such representation, that all water to be made available by Authority under this Agreement to City shall be used solely for municipal purposes. 5. DATE AND PLACE OF PAYMENTS. Payments to be made hereunder shall be made at Authority's office in Waco, McLennan County, Texas. Authority contemplates that by September 1 of each Fiscal Year it will have adopted budgets for Authority for said Fiscal Year and established the System Rate for said Fiscal Year. Payments for each Fiscal Year may be made under one of three payment options from which City will select at the beginning of each Fiscal Year. Annual payments shall be made on or before September 15 each Fiscal Year. Quarterly payments shall be made on or before September 15, December 15, March 15, and June 15 each Fiscal Year. Monthly payments shall be made on or before the fifteenth of each month each Fiscal Year. Quarterly payments or monthly payments shall include a multiplier to be applied to the annual payment to allow the Authority to recover interest lost on any unpaid balance plus a service charge for administrative costs, including but not limited to costs involving the billing, accounting and collecting for the quarterly or monthly payments. The multiplier to recover lost interest revenue and the service charge for administrative costs shall be determined on an annual basis by the Board at the time the Board sets the System Rate and shall be just and reasonable. 6 If the Authority increases the payment due from City during a Fiscal Year, it shall notify City of any increased amount of payment due for the remainder of the Fiscal Year and the increased amount shall be paid by City (i) within 30 days after receipt of notice of the increase if City has already paid all amounts otherwise due to the Authority for such Fiscal Year, or (ii) in approximately equal installments added to any further installment amounts owed by City for the remainder of such Fiscal Year if City has selected a payment option which resulted in City still having payments due to Authority during the remainder of such Fiscal Year. 6. UNCONDITIONAL NATURE OF PAYMENT OBLIGATION; PRICE. A. City unconditionally agrees to pay Authority annually for the water made available to City hereunder at a price equal to the product of multiplying the System Rate times 10,000 acre -feet of water per Calendar Year agreed to be made available to City by Authority from the System pursuant to this Agreement regardless of whether, or how much of, said water is diverted and used by City. B. The System Rate has been established by the Board at a rate of $20.21 per acre -foot of water made available annually to City from the System. The Authority may, and it specifically reserves the right to, revise the System Rate from time to time (usually prior to the start of each Fiscal Year) to reflect changes in Authority's cost of service to make water available from the System and to reflect changes in the number of Total System Billing Units. Authority shall not increase the System Rate other than on a Fiscal Year basis except for reasons sufficiently unforeseeable and of such a magnitude so as to make such mid - Fiscal Year increase necessary in order to avoid jeopardizing the viability of Authority's System operations. Such reasons include Force Majeure, government legislation or regulation, or permit requirements. 7 C. The System Rate shall be calculated from time to time (usually prior to the start of each Fiscal Year) by the Board using accepted rate making principles; shall be ascertained by utilizing the cash basis to determine an annual revenue requirement considering the Total Annual Budgeted System Costs and the Total System Billing Units as of the date the System Rate is adopted by the Board; shall be based on Authority's cost of service as evidenced by Authority's approved budgets; and shall be just, reasonable and non- discriminatory. 7. SOURCE OF PAYMENTS. The payments to be made hereunder by City shall constitute operating expenses of City's water works system or City's combined water works and sewer system. City shall charge rates for services of its water works system or its combined water works and sewer systems that will be sufficient to pay the operating and maintenance expenses thereof, including the payments provided for hereunder, and the interest on and principal of, as the same come due and mature, obligations issued by City now or hereafter payable from the revenues of said system or systems. 8. INTEREST ON PAST DUE PAYMENT; COLLECTION. In the event of failure of City to make any payment to Authority provided to be made in this Agreement at the time when same shall be due, the past due payment shall bear interest at the lesser of the highest rate allowed by applicable law or 10 percent per year. Regardless of any other provision contained in this Agreement, Authority shall never be entitled to receive, collect, or apply as interest under this Agreement any amount of money determined at a rate which exceeds the Highest Lawful Rate. If Authority ever charges, receives, collects, or applies as interest an amount in excess of that permitted by application of the Highest Lawful Rate, then any such amount which would be excessive interest shall be deemed a partial prepayment of amounts payable 8 under this Agreement which do not constitute interest and shall be treated hereunder as such; and if all other obligations payable under this Agreement shall have been paid in full, then Authority shall refund the amount of such excessive interest. 9. REMEDIES FOR NONPAYMENT OR DEFAULT. Should City fail to make any payment to Authority when due hereunder or otherwise be in default under this Agreement, Authority at its sole option and in addition to and without impairing any other remedy available to it on account of the default, may elect to either (I) terminate the supply of water to City under this Agreement until the nonpayment or other default is fully cured in accordance with the terms of this Agreement or (ii) terminate this Agreement by providing written notice of such nonpayment or other default and a statement of Authority's election to either terminate the supply of water to City or terminate this Agreement by reason thereof delivered to City on or before 30 days before the date specified in said notice for cancellation, provided that the nonpayment or other default with respect to which notice of termination of water supply or of this Agreement has been given, shall not be cured by the date thus specified in such notice. Nothing in this Agreement shall be construed in any manner so as to abridge, limit or deprive either party hereunto of any means which it would otherwise have of enforcing any right or remedy either in law or in equity for breach of any of the provisions hereof. 10. DIVERSION RATE. The water to be made available to City under this Agreement may be diverted from Lake at daily rates desired by City provided that Authority shall not be required to make water available for diversion by City at a daily rate in excess of five times the average daily rate which would result in diversion during a Fiscal Year of the total number of acre -feet of water per year then agreed to be made available for diversion by City. 9 11. WITHDRAWAL FACILITIES. The provision of facilities for diversion from Lake of the water agreed to be made available by Authority to City hereunder shall be solely the responsibility of City. Authority shall use reasonable efforts to assist City in obtaining an easement for right -of -way for any new diversion facilities across United States Government lands at Lake at no cost to City subject to the conditions that the design and location for such facilities be approved by the District Engineer, Fort Worth District, U.S. Army Corps of Engineers; that City shall prepare and furnish all documentation necessary for City obtaining the easement or right -of -way, including a map of convenient size locating the new point of diversion by course and distance from a survey corner or other identifiable points, which map shall at that time be made a part of this Agreement as Appendix I; and that City shall operate and maintain the facilities located on United States Government lands in a manner acceptable to the District Engineer, Fort Worth District, U.S. Army Corps of Engineers. 12. METERING. City agrees that, at its sole cost and expense, it shall install, operate and maintain meters for the accurate measuring of all water diverted by City from Lake in order to aid Authority in accurately reporting actual water usage to the TNRCC as required by applicable law or regulation. Such meter or meters shall be tested and calibrated for accuracy by and at the expense of City once each Calendar Year at intervals of approximately 12 months, and a report of such test and calibration shall be furnished to Authority. Authority shall be given at least two days prior notice of the time of any test and calibration of City's meters, or any of them, and Authority shall have the right to have a representative present at each test to observe the test and any adjustments found thereby to be necessary. Authority shall have the right to inspect and check the accuracy of City's meter or meters at any time during usual business hours after not less than one nor more than five days notice. In the event any question arises at any time as to the accuracy of any such meter, 10 such meter shall be tested promptly upon demand of Authority, the expense of such test to be bome by Authority if the meter is found to be correct and by City if it is found to be incorrect. Readings within 2% of accuracy, plus or minus, shall be considered correct. If, as a result of any test, any meter is found to be registering inaccurately (i.e., in excess of 2% of accuracy, plus or minus), the readings of such meter shall be corrected at the rate of its inaccuracy for any period which is definitely known and agreed upon, but in case the period is not definitely known and agreed upon, then the shorter of the following periods shall be used as the basis for correction: (a) a period extending back either 60 days from the date of demand for the test or, if no demand for the test was made, 60 days from the date of the test; or (b) a period extending back half of the time elapsed since the last previous test; and the records of readings shall be adjusted accordingly. Following each test of a meter, City shall cause the same to be calibrated to register accurately. 13. REPORTING. City agrees that it will keep accurate records of the daily readings from the meter or meters installed pursuant to Section 12, above. These records shall be subject to inspection by Authority at reasonable times and places. City shall submit reports to Authority by the 10th day of each month showing the amount of water withdrawn from Lake each day during the preceding month (with daily diversions shown, if possible). 14. SYSTEM EXPANSION. City and Authority understand that Authority may be requested to supply water to other future customers in a manner or in an amount which may necessitate expansion or enlargement of or additions to the System and that in connection with any such expansion, enlargement or 11 addition, Authority may incur additional costs. City and Authority agree that Authority may enter into any such additional long -term water sales contracts and incur costs to expand, enlarge or add to the System to effect such sales so long as Authority has conducted detailed engineering studies to accurately reflect the cost of the expansion, enlargement or addition. The reasonable and prudent costs incurred by Authority related to such expansion, enlargement or addition shall be costs of the System. 15. CONSERVATION OF WATER. It is the intent of the parties to this Agreement to provide to the maximum extent practicable for the conservation of water, and City agrees that it is a condition of this Agreement that it shall maintain and operate its facilities in a manner that will prevent unnecessary waste of water. Authority, in accordance with applicable law or regulation, may from time to time adopt reasonable rules and regulations relating to water conservation. City agrees to abide by the "Brazos River Authority Drought Contingency Policy" adopted by the Board on January 16, 1989, or any subsequent Drought Contingency Policy duly adopted by the Board and any Drought Contingency Plans developed under the Drought Contingency Policy. If required by applicable law or regulation or by Authority, City agrees to implement a water conservation and drought management program in accordance with a water conservation plan and that the water diverted by City pursuant to this Agreement will be used in accordance with such conservation plan. If required by applicable law or regulation City agrees that, in the event City furnishes water or water services to a third party that in turn will furnish the water or services to the ultimate consumer, the requirements relative to water conservation shall be met through contractual agreements between City and the third party providing for the establishment and implementation of a water conservation program in compliance with such applicable law or regulation. 12 16. WATER QUALITY. As a further condition of this Agreement, City also agrees that it will comply with applicable water quality standards of the State in the diversion, use, reuse or discharge of water made available hereunder. Should City be determined by any competent legal authority to have degraded the quality of water of the State or to have violated any water quality standard established by law or lawfully adopted regulation, and subsequently fail to take action with reasonable diligence to correct such deficiency as directed by competent legal authority, such failure shall constitute an event of default under this Agreement. Authority, in accordance with applicable law or regulation, may from time to time adopt reasonable rules and regulations relating to water quality protection. If required by applicable law or regulation, City agrees to implement appropriate water quality protection measures including, without limitation, a non - point source water pollution abatement program in accordance with a non -point source water pollution abatement plan. 17. SURPLUS WATER. City may not unilaterally cancel this Agreement or reduce the amounts of water it is obligated to pay for under the terms of Sections 4 and 6, above. However, should City ever determine that it has water surplus to its anticipated needs from water to be supplied by the Authority under this Agreement, and upon City's notification to Authority of the quantity of water City designates as surplus water, Authority will use reasonable efforts to find another party who is able and willing to purchase such surplus water upon terms and at a price not less favorable to Authority than the price and terms under this Agreement. Should Authority succeed in finding such a party and enter into a contract for sale of the surplus water at such price and upon such terms, then City's obligation to pay for such surplus water shall be cancelled, and the parties shall thereupon have no further obligations to one another with respect to such surplus water. Should Authority fail to find such a party at such price and 13 on such terms, City may make a written request to Authority that Authority reduce the amounts of water for which City is obligated to pay. If such request is refused by Authority and if City is able to identify another party which is willing to buy any part of the water supply designated by City as surplus, Authority shall, unless it determines in good faith on the basis of judgment of the Board, reasonably exercised, that there are valid reasons not to do so, sell the water available as such surplus or the amounts thereof for which such party is willing to pay at such price or prices and for such periods of times as such party and City shall agree upon and shall apply all payments received from such party against City's obligations to make payments to Authority under the provisions of this Agreement. Except to the extent that City's obligations for payments to Authority under the provisions of this Agreement are discharged by application of payments from other parties pursuant to the sentence next preceding, or as a result of cancellation of part of such obligation pursuant to this Section 17, City's obligations to make payments to Authority shall not be reduced by the provisions of this Section 17 unless Authority, in its sole discretion, grants City's request to reduce City's obligations under this Agreement. City agrees that if Authority shall in its discretion grant a request by any other purchaser of water from the System to reduce its obligations that City will not impose any objection of any nature thereto. 18. WATER SALES BY CITY. It is the understanding of the parties hereto that City is entering into this Agreement to obtain a supply of surface water to be treated by City and delivered to City's customers as potable water. City may not, without written consent of Authority, sell to others the water agreed to be supplied to it under this Agreement except as potable treated water, provided, however, that if City desires to make all or a portion of the water available for resale as raw water on an interim basis prior to the time when it shall be needed by City, Authority will, upon written request from City, use reasonable efforts to sell such water and will apply the proceeds of any such 14 sale in excess of Authority's costs in making such sale and any additional costs of supplying the water sold against the obligations of City to make payments to Authority under this Agreement. If Authority fails to arrange such a sale within a reasonable time after receipt of such written request and City is able to identify another party which is willing to buy any part of the water which City desires to make available as raw water on an interim basis, Authority shall, unless it determines in good faith on the basis of the judgment of the Board, reasonably exercised, that there are valid reasons not to do so, sell such part of such interim surplus water as such party is willing to pay for at such price or prices and for such periods of time as such party and City agree upon and shall apply all payments received from such party against City's obligations to make payments to Authority under the provisions of this Agreement. Except to the extent that City's obligations for payments under this Agreement are discharged by application of payments received from other parties pursuant to the sentence next preceding, City's obligations to make payments to Authority shall not be released by the provisions of this Section 18. No interim sale will be made which will result in an increase in cost to City under this Agreement. 19. INTERBASIN TRANSFER. Water supplied under this Agreement shall not be transferred or used outside of the Brazos River Basin unless City obtains the express written consent of Authority and obtains all required governmental approvals. 20. AVAILABILITY OF WATER; SHORTAGES AND YEARLY REPORTS. Authority makes no guarantee that water will be available at any particular time or place or that Lake will be maintained at any specific level at any particular time. It is fully understood by the parties hereto that the level of Lake will vary as a result of weather conditions beyond the control of Authority, the use of water from Lake by other water customers of Authority and as a result of releases made by the U.S. Army Corps of Engineers and that this instrument is 15 merely an agreement to require Authority to make available water when and if water is present in said lake, and to allow City to make withdrawals of the water subject to the general law on distribution and allocation of water during shortages of supply and in conformity with Authority's water rights from the Texas Water Commission (now TNRCC) and the System Order. Authority covenants that it will not sell or release any water from the storage space in Lake or other parts of the System which would impair the ability of Authority to furnish to City the quantities of water agreed to be provided herein. In the event of a drought of greater severity than that previously experienced, or if for any other reason water in Lake or the System becomes in short supply, Authority agrees, and City covenants, that Authority may fairly and equitably apportion and ration the available water supply from Lake or the System among all its several customers, including City. Authority, if requested, agrees to provide to City, on an annual basis, information indicating the amount of water that Authority has committed from Lake and the System and the amount of uncommitted water that Authority has available for contract on a long -term basis from Lake and the System. Additionally, Authority, if requested, will provide to City copies of Authority's yearly audited financial reports and budgets as they are completed and approved and made available to Authority. Unless otherwise required by emergency or urgent public necessity (as determined in the sole discretion of the Board, exercised in good faith), Authority shall provide reasonable notice, not to exceed 40 days, to City of any meeting of the Board to consider: (i) adopting annual budgets of the Authority related to the System; (ii) changing the System Rate; 16 (iii) authorizing the issuance of any bonds related to the System or expenditures for major capital improvements to the System if the issuance of such bonds or expenditures of monies for such capital improvements was not identified within the budgets or rate studies identified in (i) and (ii) above. In connection with such notice, if requested in writing by City, Authority also shall promptly provide City with copies of any annual budgets, rate analyses, official statement or expenditure summary to be considered by the Board at such meeting. 21. OPERATION OF SYSTEM. The right of Authority to maintain and operate the System and at any and all times in the future to impound and release waters therefrom in any lawful manner and to any lawful extent Authority may see fit is recognized by City; and, except as otherwise provided herein, there shall be no obligation hereunder upon Authority to store or not to store or to release or not to release any impounded waters at any time or to maintain any waters at any specified level or to operate the System in any manner not in compliance with applicable laws or regulations, Authority's water rights and System Order. Authority makes no representation as to the quality of the water in Lake or elsewhere in the System. 22. FORCE MAJEURE. Notwithstanding anything herein to the contrary, neither party hereto shall be under any liability or be deemed in default with respect to its obligations under this Agreement for any failure to perform or for delay in performing such party's obligations hereunder (except for the obligation to pay money) where such failure or delay is due to force majeure, while and to the extent that such performance is prevented by such cause. The term force majeure means acts of God, fire, storm, flood, war, riots, sabotage, drought, lack of availability of water due to sedimentation, low inflows of water to, or lack of 17 water supply in Lake or other parts of the System, strikes or other differences with labor (whether or not within the power of the parties to settle same), decrees or orders of the courts or other governmental authority, or other similar or dissimilar causes not within the reasonable control of such party and not due to negligence of such party. Each party shall use due diligence to resume performance of any obligation suspended by force majeure at the earliest practicable time. 23. WAIVER. Any waiver at any time by any party of its rights with respect to default under this Agreement shall not be deemed a waiver of such rights with respect to any subsequent default or matter. 24. NOTICES AND CERTIFICATIONS. Notices and certifications provided for in this Agreement shall be in writing. The same shall be delivered by mailing certified mail, postage paid, return receipt requested, to the respective parties at the following addresses: Authority: Brazos River Authority P.O. Box 7555 Waco, Texas 76714 -7555 City: City of Round Rock 221 East Main Street Round Rock, Texas 78664 Either party may change its address as shown above by written notice to the other party. Notices shall be deemed to have been delivered on the business day following their deposit in the United States mail, postage paid and properly addressed and certified. 25. OTHER REQUIREMENTS. This Agreement is subject to all conditions, provisions and limitations included in Authority's water rights from the 18 Texas Water Commission (now TNRCC) and the System Order. Further, this Agreement is subject to all applicable Federal, State and local laws, and any applicable ordinances, rules, orders and regulations of any local, State or Federal governmental authority having jurisdiction. However, nothing contained in this Agreement shall be construed as a waiver of any right to question or contest any law, ordinance, order, rule or regulation of any governmental authority. 26. SEVERABILITY. The provisions of this Agreement are severable, and if for any reason any one or more of the provisions contained in this Agreement shall be held to be invalid, illegal or unenforceable in any respect, the invalidity, illegality or unenforceability shall not affect any other provisions of this Agreement and this Agreement shall remain in effect and be construed as if the invalid, illegal or unenforceable provision had never been contained in the Agreement. 27. ASSIGNMENT. This Agreement may be assigned by City only with the written consent of Authority, which consent shall not be unreasonably withheld or delayed. 28. TERM OF AGREEMENT. The term of this Agreement shall be for a period ending August 31, 2036. This Agreement shall be extended thereafter at the written request of City for so long as, and to the extent that, Authority continues to have the right and ability to use storage in Lake for water supply purposes sufficient to supply the amount of water to be made available to City hereunder. 19 CITY OF - OUND ROCK BRAZOS RIVER AUTHORITY By: Name: Title: ATTEST: ATTEST: w:lcont\lt\rndrock.swa 20 a zia,f By: Roy A. Roberts, P.E. General Manager Secretary (Assistant) POLICY MEMORANDUM DATE: April 29, 1996 NUMBER 87 1. PURPOSE: BRAZOS RIVER AUTHORITY WACO, TEXAS Water Sale Policy To adopt a comprehensive water sale policy to ensure that sound public policy is adhered to in an equitable distribution of scarce raw water resources. 2. BACKGROUND: As a water conservation agency of the State, the Brazos River Authority has statutory responsibility to develop and conserve water supplies and make those supplies available for beneficial use. To ensure beneficial use, Brazos River Authority has traditionally restricted resale of raw water. As population growth continues, resulting in increased demands on limited supplies, the Authority will need to take additional steps to ensure beneficial and equitable use of those limited supplies. While the Brazos River Authority currently has plentiful raw water supplies for the Brazos River Basin as a whole, certain reservoirs, such as Stillhouse Hollow Reservoir, Lake Proctor, Lake Granger and Lake Limestone, may soon have demands in excess of supply, and certain reservoirs are already fully committed, such as Lakes Belton and Georgetown. Therefore, the Board of Directors of Brazos River Authority deems it prudent to adopt a water sale policy that will assist the Authority in meeting its regional water supply planning functions and will limit the possibility of raw water speculation. 3. POLICY: It is the policy of Brazos River Authority to encourage the proper planning for and wise use of the raw water resources of the Brazos River Basin. Therefore, the following procedures are adopted to help ensure that sound public policy is adhered to in making an equitable distribution of scarce raw water resources. 4. PROCEDURE: Any water purchase request received after April 1, 1996, for 250 acre - feet or more of water per year under a long -term agreement, whether from a specific reservoir or from the reservoir system, will be evaluated by staff to determine if an actual, foreseeable beneficial use of the water can be demonstrated. The evaluation process will differ slightly for a municipal use request to which the Texas Water Development Board (TWDB) projections would apply and for requests for industrial, mining, or irrigation uses. For municipal use requests, staff will review the latest version of TWDB water demand projections for the service area (identified by the requesting entity) associated with the request and information concerning long -term need provided by the entity. If TWDB projections and /or information concerning long -term need provided by the entity confirm the need in the entity's service area, staff will then further examine and confirm the entity's ability to provide service to areas associated with the purchase request. For industrial, mining, or irrigation use requests, the requesting entity must provide documentation to show Tong -term need for the entity's business operations and that no unreasonable waste of water is associated with those business operations. Should the staffs evaluation result in a determination that the purchase request is not reasonably likely to result in the purchased raw water being put to beneficial use by the purchaser in a reasonable time frame or will result in unreasonable waste of water, staff will recommend that the purchase request not be approved. All such staff determinations will be brought to the Board of Directors of Brazos River Authority for final action. w:lpoticieslpol 87.doc 2 ROY A. ROBERTS, P.E. General Manager Policy Source: Board Meeting April 29, 1996 Brazos River Authority Mr. Robert L. Bennett City Manager City of Round Rock 221 East Main Street Round Rock, Texas 78664 Dear Mr. Bennett: RECEIVED AUG .1 21996 9400 Cobbs Drive • P.O.Box7555 • Waco, Texas 76714-7555 817-776-1441 • FAX 817 - 772-5780 QUALITY • CONSERVATION • SERVICE August 8, 1996 Pursuant to your letter of July 11, 1996, please find enclosed duplicate originals of the System Water Supply Agreement Between Brazos River Authority And City Of Round Rock. Please note the System Rate for Fiscal Year (FY) 1997 is $20.21 an acre -foot of water per year. After holding the System Rate at $19.72 an acre -foot of water per year for FY 1995 and FY 1996, the Authority's Board of Directors approved a 2.5% increase for FY 1997. Since the inception of the System Rate five years ago, the average annual increase has been 1.1 %, well below the rate of inflation for that period. Also, please find enclosed a copy of the Water Sale Policy recently adopted by the Authority's Board. The Policy requires staff evaluation of requests for long- term water contracts in excess of 250 acre -feet of water per year. Staff is to determine if actual, foreseeable beneficial use of the requested water can be demonstrated. Fortunately, the North Central Region Trans -Texas Studies being conducted by the Texas Water Development Board (TWDB) provide data to evaluate requests made by Williamson County entities. A preliminary review by staff shows the TWDB projections support the City's request for the purchase of 10,000 acre -feet of water per year. Therefore, I am sending copies of the System Agreement that are ready for execution by the City. Please have the appropriate people sign for the City and return both originals to me. After staff has completed its review of the TWDB projections and the City's ability to provide service to areas associated with the purchase request, and if such review supports a determination that the City's request meets the guidelines enumerated in the Authority's Water Sale Policy, the Authority's General Manager will execute both originals and return one to you for the City's files. Mr. Robert L. Bennett Your attention is called to Section 24, page 18 of the System Agreement where the City's mailing address is given. If you wish correspondence to be sent to another address, please let me know and I will change that page of the System Agreement. Also, in Section 28, page 19 of the System Agreement, I have made the term of the agreement 40 years, ending August 31, 2036. If this is not satisfactory, please let me know and I will change the term. If you have any questions concerning the System Agreement, please contact me. Thank you for your assistance in this matter. MEF:jwj Enclosures w:lconticortkndrock.ltr Sincerely, MICHAEL E. FIELD Executive Counsel August 8, 1996 Page 2 DATE: September 10, 1996 SUBJECT: City Council Meeting, September 12, 1996 ITEM: 10.A Consider a resolution authorizing the Mayor to execute an agreement with the Brazos River Authority for additional reserve water in Lake Stillhouse Hollow STAFF RESOURCE PERSON: Jim Nuse and /or Steve Sheets STAFF RECOMMENDATION: Approval of the resolution The City needs to reserve additional water in Lake Stillhouse Hollow. The attached agreement provides for the reservation of an additional 10,000 acre feet of water. C. \WPDOCS\ ACITY \SLOSSWSS \SLUSW88T.WYp /e1e Brazos River Authority Mr. Robert L. Bennett, Jr. City Manager City of Round Rock 221 East Main Street Round Rock, Texas 78644 Dear Mr. Bennett: D ECEIVED NOV 2 0 1996 QUALITY • CONSERVATION • SERVICE November 13, 1996 I am enclosing an executed original of the System Water Supply Agreement Between Brazos River Authority And City Of Round Rock for your files. If you have any questions, please contact me. Thank you for your assistance in this matter. MEF:jwj Enclosures w:Iconticorr mdrek.ret Sincerely, MICHAEL E. FIELD Assistant General Manager and Executive Counsel 4400 Cobbs Drive • P.O.Box7555 • Waco, Texas 76714 -7555 817 - 776-1441 • FAX 817-772-5780