CONTRACT FOR FINANCING AND OPERATION OF LAKE PLACID DAM AND HYDROELECTRIC FACILITIESContract for Financing and Operation of Lake Placid Dam and Hydroelectric Facilities • October 9th, 2020
This Contract for Financing and Operation of Lake Placid Dam and Hydroelectric Facilities (this “Contract”) by and between Lake Placid Water Control and Improvement District No. 1, a conservation and reclamation district of the State of Texas organized and operating as a water control and improvement district under Chapters 49 and 51 of the Texas Water Code (the “WCID”) and Guadalupe-Blanco River Authority, a conservation and reclamation district and political subdivision of the State of Texas organized and operating by special act of the Texas Legislature (“GBRA”) is made and entered into effective as of the last date of execution below (the “Effective Date”). The WCID and GBRA are individually referred to herein as a “Party” and collectively as the “Parties.”
