District Leases Water Rights to Corpus Christi with Cost Reimbursement

Not to exceed $1,736,000.00 (reimbursement cap)

OTHER

3 years initial term from Commencement Date, with automatic 3-year renewals unless 180-day notice

Initial 3‑year term beginning on the Commencement Date, with automatic successive 3‑year renewal terms unless a party gives written notice of intent to discontinue at least 180 days before the end of the then‑current term; termination rights also tie to the status of the related treated water supply agreement (WSA).

Agenda