Laserfiche WebLink
• • <br />Page Two <br />LPAWA Minutes <br />April 1~4, 1987 <br />~4. Cary Burnley reported that the Coastal Water Authority appears <br />to not have any problem with the LPAWA using CWA right-of-way <br />for their transmission lines. <br />David Fetzer spoke on the bond money and that the funding would <br />come in two phases: 1) the water treatment facility that would <br />have no interest escrowed and the City of Houston would pay the <br />bond rate until the facility is complete, 2) the transmission <br />line money would have one years interest escrowed. David also <br />spoke on the possibility of the rates being charged be <br />sufficient to build a one year reserve in 5 years. <br />5. Rick Matthews made a motion to authorize Moroney Beissner to <br />apply to the Texas Water Development Board for funding. Passed <br />unanimously. <br />6. This item was covered under Item ~k4. <br />In other business, John Armstrong reported on his meeting with Baker <br />& Botts on the entity contracts. Everything is in order with few <br />minor changes needed. <br />7. There being no further business the meeting was adjourned at <br />2:00 P.M. <br />Respectfully Submitted, <br />Rick Matthews, Secretary/Treasurer <br />PASSED AND APPROVED: <br />ON THE ~ DAY OF ~ , 19 g"~ <br />r B rnley, resi en <br />