AGENDA CAPTION:
Title
Consider approval of Resolution 2024-237R, approving an amendment to a water sharing agreement with the City of Kyle to allow the City of San Marcos to re-acquire some of the water rights at its request and with mutual agreement; authorizing the City Manager, or her designee, to execute the amended agreement on behalf of the city; and declaring an effective date.
Body
Meeting date: December 3, 2024
Department: Utilities, Director - Tyler J. Hjorth
Amount & Source of Funding
Funds Required: n/a
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Fiscal Note:
Prior Council Action: 2024-069R executed May 2024 for the sale of water rights to the City of Kyle; 2023-154R, and 2022-277R authorizing similar water sales.
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Background Information:
The City entered into an agreement to temporarily sell water rights from its Edwards Aquifer Authority permitted water supply for 500 acre-feet per year for 2024-2026 to the City of Kyle. This amendment would allow San Marcos to re-acquire some or all these water rights, at its request and with mutual agreement. This provides San Marcos with more flexibility in managing its water supply portfolio.
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