including:

Staff Report & Agenda Item Details

The Board of Directors received a report from the General Manager on operations and finance, including: a. February Financials 2 b. Drought Contingency Plan – The General Manager presented to the Board of Directors with an update on the Drought Contingency Plan, emphasizing the comparison percentages between this month and last month for both Amistad and Falcon Lake, as well as the comparison percentages from the previous year to this month for the same lakes. The current combined water levels for Amistad and Falcon Lake are averaging 25.25%. The district is still in line with our drought contingency plan. At a steady level, the district continues to accept subdivisions and approve meters. c. District Operations Update – The General Manager provided an update to the board on the meeting held at the TWDB meeting on March 31, 2026, regarding the board approval by a resolution a request from Agua SUD for $31,040,000 with financial assistance consisting of $21,040,000 in financing and $10,000,000 in principal forgiveness for the Drinking Water State Revolving Fund for the construction of a water system improvements project. The funding was awarded and Agua SUD will now be working with the financial and bond counsel to close on the bonds, which the process takes approximately 3 to 4 months. Agua SUD continues to work with the engineer Gannet Flemming on the planning and design which consists of the $6,000,000 that was awarded last year and also looking