Title
Consider a resolution authorizing the President to execute an Amended and Restated Master Contract for the Financing, Construction and Operation of BCRUA Regional Water Treatment and Distribution System with the cities of Cedar Park, Leander and Round Rock. (BCRUA-2025-008)
Body
The primary reason for the Amended and Restated Master Contract (AMC) was to incorporate the language from the seven amendments into the original 2008 Master Contract (MC), do a comprehensive review, cleanup and update of all needed areas in the agreement with the end result being one amended and restated agreement. The MC only provided for the construction of Phase 1, which was referred to as “the Project.” Therefore, to make it a “forever agreement” the term “Project” was replaced with the “System.” The definition of System now includes the raw water system that delivers raw water to Cedar Park and Leander treatment plants and the BCRUA plant, the BCRUA treatment system, and the treated water distribution system. A summary of the amended contract is as follows:
· Significant amounts of duplicative language were removed resulting from combining the seven amendments into one document.
· Recitals have been updated.
· All exhibits have been revised/updated and reduced to 7 exhibits:
Exhibit A - System
Exhibit B - Delivery Points
Exhibit C - Raw Water Delivery System Capacities and Cost Allocation
Exhibit D - Treatment System Capacities and Cost Allocation
Exhibit E - Treated Water Distribution System Capacity Allocation
Exhibit F - Reserved Capacity in System Components built with Phase 1A
Exhibit G - Operations and Maintenance Expense Allocation
· New and improved exhibits include Delivery Points, Treatment System Capacities/Cost Allocations, and Distribution System Capacity Allocation.
· Updated/clarified/new definitions for Annual Budget, Capital Improvements, Capital Expenses, Capital Improvements Budget, Emergency Repairs, Engineering Reports, Expansion, Plans and Specifi...
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