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17-Deliberate and act on a Resolution approving an Agreement between the COP and Lamar County Water Service District for release of Daisy Farms property
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17-Deliberate and act on a Resolution approving an Agreement between the COP and Lamar County Water Service District for release of Daisy Farms property
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8/22/2012 3:40:10 PM
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4/23/2010 4:11:37 PM
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CITY CLERK
Doc Name
17
Doc Type
Agenda
CITY CLERK - Date
4/26/2010
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~ <br />' _ ' ~ ~F tT ~ ~~..t~V Agmt ~S~ <br />~ , ~ ~ <br />March 11, 2010 <br />Mr. Kevin Ward, Executive Administrator <br />Texas Water Development Board <br />1700 N. Congress Avenue <br />Austin, Texas 78701 <br />Re: $1,385,000 Lamar County Water Supply District <br />Water Revenue Bonds, Series 2009 <br />Dear Mr. Ward: <br />This letter is to advise you that the City's Wholesale Treated Water Contract with Lamar County <br />Water Supply District, dated May 8, 2006, contains in Article V an initial term of 20 years which <br />expires on May 8, 2026, and contains four 5-year renewals with the consent of the parties to the <br />Water Contract for extensions. This letter serves to advise the Texas Water Development Board <br />that the City will not oppose the renewal of the Wholesale Treated Water Contract and its <br />extensions for as long as District remains in compliance with the terms of the Contract and the <br />District's Water Revenue Bonds, Series 2009, referenced above, remain outstanding. <br />We appreciate very much the Texas Water Development Board's financing the District's bonds <br />at such a favorable term. <br />If you need any other information from the City please feel free to contact us. <br />CITY OF PARIS, TEXAS <br />Jesse James Freelen, Mayor <br />P.O. BOX 9037 • PARIS, TEXAS 75461-9037 •(903) 785-7511 • FAX (903) 782-9721 <br />Page 128 <br />~~q <br />
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