HomeMy WebLinkAboutResolution - 2020-R0173 - Ashley and Fagan water transfer to LAHWDResolution No. 2020-R0173
Item No. 7.8
May 26, 2020
RESOLUTION
WI-IF1tE'AS, the City of Lubbock (hereinafter the "City") and Ashley and Fagan Investments
Company, Inc., Lyndell J. Ashley and Lawayne Fagan, Oak Canyon Estates Homeowners
Association, Inc., and Itio Brazos Estate Homeowners Association (hereinafter the
"Company") entered into the COMPROMISE SETTLEMENf AGREEMENT on February
27, 2006 entitling [lie Company to twenty (20) acre feet of raw water per year at no cost to
Company upon completion of certain contemplated facilities;
WHEREAS, (lie Company seeks to assign its right to the twenty (20) acre feet of raw water
to Lake Alan I lenry Water District:
WHEREAS, the Company and Lake Alan Henry Water District seek the City's approval for
such assignment,
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
LUBBOCK:
THAT the City of Lubbock hereby approves assignment of the Company's right to the no -
cost 1, venty (20) acre feet of raw water described in the COMPROMISE SETTLEMENT
AGRFl:MENT to Lake Alan Henry Water District and THAT the Mayor of the City of
Lubbock BE and is hereby authorized and directed to execute for and on beliall'of the City
ofLubbock, this resolution approving such assignment.
Passed by the City Council on May 26, 2020
L,.— �
DANIEL M. POPE, MAYOR
ATTEST:
- G? L�v te�
Rebe ca Gana, City Secretary
APPROVED AS TO CONTENT:
Aubrey A. S Or, P.E., Dire for of Water Utilities
APPROVED AS TO FORM:
Amy Leg s, gep6ty City Afforney