Update on Seven Seas Project.

Staff Report & Agenda Item Details

Update on Seven Seas Project. Mr. Kasy Stinson representing Seven Seas distributed copies of his presentation and provided an update on the project. He reported that injection wells have been added to the scope of the project resulting in an adjustment to the contracted rate of $4.40 to $5.15 per thousand gallons. Two injection wells are included with potential for another if needed. The expected water delivety date has been pushed out seven months. A geophysical scan of the land in the proposed area is ongoing to determine the location of drilling. A report should be available within a couple of weeks. Mr. Graveley announced that the Board would convene in Closed Session at 5:38 p.m. pursuant to Section 551.071 of the Government Code to receive legal advice from counsel regarding the water supply contract with the City of Corpus Christi and an alternate source of water for the Authority. STWA Regular Meeting Minutes October 27, 2025 Page 2 20,

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.5/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.