AGENDA CAPTION:
Title
Consider approval of Resolution 2026-191R, approving the Alliance Regional Water Authority’s issuance of contract revenue bonds for the City of San Marcos in an aggregate principal amount not to exceed $15,360,000.00 including approval of the Bond Resolution and other related matters in connection with the Regional Water Supply Contract Project; authorizing the City Manager, or her designee, to execute any necessary related documents; and declaring an effective date.
Body
Meeting date: October 20, 2026
Department: Director of Utilities, Ekaterina Fitos
Amount & Source of Funding
Funds Required: $543,837 for FY27
Account Number: 22033620 – Debt Service
Funds Available: Yes
Account Name: W-WW Debt Service
Fiscal Note:
Prior Council Action: Council approval in 2008 for ARWA project participation; 2017-154R, 2019-203R, 2020-224R, 2022-237R, and 2023-208R, 2024-209R approval of approximately $152,900,000 of debt, and 2025-207R for issuance of contract revenue bonds in the aggregate principal amount of $12,015,000 and other resolutions related to engineering services, etc.
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Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Water Master Plan
Background Information:
The City approved and executed the Regional Water Supply Contract effective January 15, 2008, for the financing, construction and operation of the Regional Water Supply...
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