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Title:
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Ordinance authorizing execution of a Groundwater Rights Purchase and Sale Agreement with Nancy Fleming Shelton, Trustee of the Nancy Fleming Shelton Trust u/w/o Roger Fleming, Zorilla-Malone Properties, Ltd, Lynn O’Connor Carter, Nancy O’Connor and T. Michael, each Individually and as Co-Trustees of the Mary Madeline O’Connor Family Exempt Trust and the Mary Madeline O’Connor Family Non-Exempt Trust for purchase of Li Ranch as part of the Evangeline Groundwater Project in an amount up to $38,000,000.00; and amending the FY 2026 Capital Budget, with FY 2026 funding available from Water Capital Fund.
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