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<br />.. <br /> <br />.:' <br /> <br />.~~ <br /> <br />,., <br /> <br />~-. <br /> <br />. <br /> <br />. <br /> <br />Reso rut i orf" No. 15-63 <br />Page 1 of 2 <br /> <br />RESOLUTION <br /> <br />WHEREAS, the City of La Porte, as a result of <br /> <br />the development now under way, in and adjacent to the <br /> <br />City of La Porte, f.eels that it must make adequate provi- <br /> <br />sions for water for all purpos.es; and <br /> <br />WHEREAS, the City of La Port.e has outstanding <br /> <br />water and sewer revenue bonds, which bonds restrict La <br /> <br />Portels abili~y to finance any major sourCe of supply; <br /> <br />and <br /> <br />WHEREAS, the Bayahore Industrial Water Company <br /> <br />was recognized and franchised with the full approval and <br /> <br />at the request of the City of La Porte; and <br /> <br />WHEREAS; the Bayshore Industrial Water Company <br /> <br />has agre.ed to meet demands for water in the City of La <br /> <br />Porte as a first call on any water that is made available; <br /> <br />and <br /> <br />WHEREAS, the City of La Portels franchiae with <br /> <br />the Bayshore Industrial Water Company gives the City the <br /> <br />right to take over all of the assets of the Bayshore Indus- <br /> <br />trial Water Company on a fair and reasonable basis; and <br /> <br />WHEREAS, the Bayshore Industrial Water Company <br /> <br />has adequate funds ava11abl~ to finance the purchase of <br /> <br />and delivery of water from the San Jacinto River Authority <br /> <br />to the City of La Porte, <br /> <br />NOW, THEREFORE, the City Commission of the City <br /> <br />of La Porte respectfully urges the San Jacinto River Authority <br /> <br />to negotiate a contract with the Bayshore Industrial Water <br />