Open Session Items for Post Exccutive Session Action -~ The Board of Directors will

Staff Report & Agenda Item Details

Open Session Items for Post Exccutive Session Action -~ The Board of Directors will convene in Open Session and take action on (1) the agenda items listed below, (2) any. other items on this agenda that were postponed or tabled until after Executive Session, and (3) any Executive Session Agenda Items. 15.a. Discuss and take action to approve Second Amended and Restated Water Supply Agreement by and between South Texas Water Authority and Seven Scas Water (STWA)USA, LLC. The Board reconvened in Open Session at 6:56 p.m. No action was taken during Closed Session. Mr. Graveley made a motion to approve the Second Amended and Restated Water Supply Agreement by and between South Texas Water Authority and Seven Seas Water USA, LLC with such approval being subject to approval by the President of the Board of Directors and Counsel for STWA to a rewrite of Paragraph 10.5 (€) to provide that STWA shall maintain a reserve fund STWA Regular Meeting Minutes March 9, 2026 Page 5 only until such time as Seven Seas begins to deliver water to STWA pursuant to the Agreement. Ms. Garcia seconded. The motion passed on a vote of 5 to 0. Mr. I. Morales abstained.