Legislation Details

File #: 26-1616    Version: 1 Name:
Type: Resolution Status: To Be Introduced
File created: 10/13/2026 In control: City Council
On agenda: 10/27/2026 Final action:
Title: 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)
Sponsors: Corpus Christi Water
Attachments: 1. (26-1616)_Agenda Memo_Formosa Water Sales Contract_2026.10.21, 2. 26-1616 Resolution with Clean Draft of Formosa FPC TX - City of Corpus Christi Raw Water Agreement 10-8-2026, 3. 26-1616_Presentation Formosa Raw Water Sales Contract_2026.10.27
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

Title

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)