RES 1175 10/13/1998 RESOLUTION # 1175
A RESOLUTION TO PERMIT THE CITY OF CIBOLO TO LEASE INTERIM EDWARDS
AQUIFER AUTHORITY WATER RIGHTS
WHEREAS, the City of Cibolo owns interim 1998 and 1999 water rights from the Edwards Aquifer
Authority, and
WHEREAS,the City of Cibolo may not use its entire annual water rights allocations, and
WHEREAS,the City of Cibolo's annual interim water rights for 1998 and 1999 will expire on December
31 of each year, respectively, and
WHEREAS, the City of Cibolo may, if desired, secure a return on its asset by selling, leasing, or
transferring all or part of its annual allocations,
THEN BE IT RESOLVED BY THE CITY COUNCIL OF CIBOLO TEXAS:
The City of Cibolo, acting through its City Administrator, may seek a party or parties to lease all or part
of its annual interim water allocations for 1998 and 1999, at competitive rates.
APPROVED AND ADOPTED ON THIS 13TH DAY OF OCTOBER, 1998
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J er, Mayor Pro Tem
ATTEST:
Thomas A.Newman, City Secretary