OTHERONGOING

Meadow Lake Water Control and Improvement District No. 1 Special Meeting Agenda April 2026

City of Seguin and District Ink Nolte Dam Funding Pact

Up to $5,000,000 City Contribution (first installment $1,360,000)MEADOW LAKE WCID 1CITY OF SEGUIN TEXASApril 2, 2026

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Description

The City of Seguin and Meadow Lake WCID No. 1 entered into an interlocal cooperative agreement effective April 2, 2024 to finance repairs to the Nolte Dam. The City will contribute up to $5 million, including an initial $1.36 million installment, while the District issues bonds for its share of the estimated $20.8 million project.

Contract Details

Contract Amount

Up to $5,000,000 City Contribution (first installment $1,360,000)

Vendor

CITY OF SEGUIN TEXAS

Agency

MEADOW LAKE WCID 1, TX

Contract Type

OTHER

Document Date

April 2, 2026

Contract Term

Effective April 2, 2024; terminates upon project completion, failure to secure funding, or inability to secure conveyance of Nolte Dam

Renewal Date

2026-10-28

Renewal Info

Agreement terminates upon project completion, inability to secure adequate funding, or failure to secure conveyance of the Nolte Dam from the Guadalupe-Blanco River Authority. Agreement may be amended only by written instrument executed by both parties. If construction has not commenced by 2026-05-01, the District must repay City contributions within 180 days and no further City payments are required.