STWA Investment Policies:

Staff Report & Agenda Item Details

STWA Investment Policies: a) South Texas Water Authority General Fund b) South Texas Water Authority Debt Service Fund ¢) South Texas Water Authority Capital Projects Fund Mr. Marez informed the Board that their review and approval of STWA’s Investment Policies is required every year and added that there have been no changes to the Policies since last year. e recommended adoption of Resolutions 25-30, 25-31 and 25-32 approving the STWA General Fund, Debt Service Fund and Capital Project Fund Investment Policies. 12, Resolutions 25-30 through 25-32. Resolutions approving the following South Texas Water Authority Investment Policies: a) South Texas Water Authority General Fund b) South Texas Water Authority Debt Service Fund ¢) South Texas Water Authority Capital Projects Fund Mr. Graveley made a motion to adopt Resolutions 25-30, 25-31 and 25-32. Ms. Garcia scconded. All voted in favor. 13, Extension of depository agreement with Prosperity Bank. ‘The Board reviewed a letter from Prosperity Bank for a two-year renewal of the Depository Contract between South Texas Water Authority and Prosperity Bank based on the current terms. Mr. D. Morales made a motion to accept the renewal of the Depository Services Contract with Prosperity Bank. Mr. Rodriguez seconded the motion and all voted in favor. STWA Regular Meeting Minutes September 24, 2025 Page 4

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.6/10). 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.