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Item No. 13 <br />memorandum <br />TO: City Council <br />FROM: John Godwin, City Manager <br />SUBJECT: TWDB PHASE III <br />DATE: June 17, 2016 <br />BACKGROUND: At its July 13 meeting the city council approved accepting final payment and <br />closing out of the 2013 Texas Water Development Board low interest loan program, including <br />accepting all completed construction. <br />STATUS OF ISSUE: In order to formalize the closure of the loan program, the TWDB requires <br />approval of the attached resolution which they have provided for council action. <br />BUDGET: NA. <br />RECOMMENDATION: Approve attached TWDB resolution. <br />