Title
Approving an agreement with Manville Water Supply Corporation (WSC) for acquisition of water Certificates of Convenience and Necessity (CCN) areas within the city limits and authorizing the City Manager to execute same.
Summary
The City has been in engaged in intermittent negotiations with the Manville WSC since terms for a water CCN exchange contract was agreed upon in 2015. The parties have been actively engaged to develop a contractual agreement based on these terms over the last several months. The first of two contracts to be considered is for areas of CCN acquisition that are within the Pflugerville City Limits. A second contract will come forward for Council consideration in the next few weeks related to CCN acquisition areas in the city's extraterritorial jurisdiction (ETJ).
The primary reason for this acquisition is to afford both utility providers the opportunity to perform long range planning and development of utilities and system infrastructure. The proposed acquisition areas have been incorporated in the draft water master plan and water impact fee study based on land use assumptions and population projections vetted and approved by the City Council in 2018.
The proposed acquisition area as shown, consisting of 2481 acres within the city limits at a rate of $1400/acre, results in a total consideration of $3,473,400. Upon approval and execution of the agreement by the City and Manville, the Agreement requires the funds to be placed in an escrow account until the transfer of the CCN is approved by the Texas Public Utility Commission (PUC) who administers CCNs. Manville is scheduled to consider this agreement on November 14, 2019.
The proposed acquisition areas, as reflected on Exhibit A, are generally located along either side of SH 45 between Heatherwilde Blvd and FM 685. This area includes an additional 155.1 acres in the former North Travis County MUD 5 but consideration has already been resolved for this component of the total acquisiti...
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