26-1616
Resolution authorizing a Temporary Untreated Raw Water Sales Contract with Formosa Plastics Corporation, for City to purchase up to 10,000 acre-feet of untreated raw water from Lake Texana in calendar year 2027 at price of $900.00 per acre-foot of water with take-or-pay quantity of 2500 acre-feet; and authorizing execution of up to two one-year mutual extensions; for an amount of $2,250,000.00 for the take-or-pay quantity of 2,500 acre-feet, with FY 2027 funding available from the Water fund. (6 votes required)
What this record is
- Held by
- Formosa Plastics Corporation 2 records across this site
- Amount
- $2.25M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
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Read automatically from the title of the official record. The source document below is authoritative.
Formosa Plastics Corporation also holds
Resolution to authorize City Manager or designee to execute a Temporary Untreated Raw Water Sales Contract with Formosa Plastics Corporation, for City…- Committee
- City Council
- Introduced
- October 13, 2026
- On agenda
- October 27, 2026
Where it was heard
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