Reapprove an order authorizing the purchase and acquisition of certain personal property and the financing thereof; approving certain installment purchase terms under the authority of Section 271.001 et seq., Local Government Code and Section 56.242, Texas Water Code; authorizing a maximum loan in the principal amount of four hundred six thousand nine hundred eighty dollars ($406,980) payable from available funds from Hidalgo County Drainage District No. 1, subject to annual appropriation; prescribing the terms and form thereof; providing for the payment of the principal thereof and interest thereon; and approving other matters incident thereto.