File #: AI 13-2318    Version: 1 Name: Riff springflow protection agreements
Type: Action Item Status: Passed
File created: 2/4/2020 In control: Board of Directors
On agenda: 2/11/2020 Final action: 2/11/2020
Title: Consider recommendation from EAA staff to 1) rescind two Aquifer Storage and Recovery Springflow Protection leases and one Aquifer Storage and Recovery Springflow Protection Forbearance Agreement with Lyle N. Riff, Trustee of the Gertrude S. Riff Family Trust (P100-925); 2) enter into two Aquifer Storage and Recovery Springflow Protection leases and one Aquifer Storage and Recovery Springflow Protection Forbearance Agreement with Lyle N. Riff (P109-123); and 3) enter into two Aquifer Storage and Recovery Springflow Protection leases and one Aquifer Storage and Recovery Springflow Protection Forbearance Agreement with Michael J. Riff (P109-124), all in support of the Edwards Aquifer Habitat Conservation Plan.
Attachments: 1. ASR_Lease_Template, 2. ASR_For_Template

Title
Consider recommendation from EAA staff to 1) rescind two Aquifer Storage and Recovery Springflow Protection leases and one Aquifer Storage and Recovery Springflow Protection Forbearance Agreement with Lyle N. Riff, Trustee of the Gertrude S. Riff Family Trust (P100-925); 2) enter into two Aquifer Storage and Recovery Springflow Protection leases and one Aquifer Storage and Recovery Springflow Protection Forbearance Agreement with Lyle N. Riff (P109-123); and 3) enter into two Aquifer Storage and Recovery Springflow Protection leases and one Aquifer Storage and Recovery Springflow Protection Forbearance Agreement with Michael J. Riff (P109-124), all in support of the Edwards Aquifer Habitat Conservation Plan.

Body
STAFF RECOMMENDED MOTION:

Move the board: 1) rescind two Aquifer Storage and Recovery Springflow Protection leases and one Aquifer Storage and Recovery Springflow Protection Forbearance Agreement with Lyle N. Riff, Trustee of the Gertrude S. Riff Family Trust (P100-925); 2) enter into two Aquifer Storage and Recovery Springflow Protection leases and one Aquifer Storage and Recovery Springflow Protection Forbearance Agreement with Lyle N. Riff (P109-123); and 3) enter into two Aquifer Storage and Recovery Springflow Protection leases and one Aquifer Storage and Recovery Springflow Protection Forbearance Agreement with Michael J. Riff (P109-124), all in support of the Edwards Aquifer Habitat Conservation Plan, and authorize the General Manger to execute the rescission and the subsequent agreements.


SUMMARY:

The purpose of this agenda item is for the board to consider an EAA staff recommendation to approve nine transactions in furtherance of springflow protection measures. A recent probate matter has necessitated the rescission of three springlfow protection contracts and the establishment of six new springflow protection contracts. Specifcally, it has become necessary to rescind two existing ASR springflow protection leases and one existing ...

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