1. Consideration and approval of Inter local Cooperation Agreement between Hidalgo County and the Hidalgo County Drainage District No. 1 for the purchase of the South Detention Basin property

2.  Approval of budget amendments  to transfer available budget  from 2013 bond projects and place into System Acquisition budget as needed for the first payment of the purchase of the Penitas Drain Basis from  Hidalgo County. Funds for purchase are being obtained from the following 2012 Bond projects:
    a. Transfer from Precinct 3 Rural Drainage Development $ 736,622.82
    b. Transfer from the South Main Drain Weir No. 5  $ 256,903. (Construction not required)
    c. Transfer from the North Main Drain Weir No. 3   $ 253,866.  (Construction not required)
    d. Transfer from the North Main Drain Weir No. 1   $ 100,532.42.  (Project Completed)
    e. Transfer from the Main Flood Water Channel Weir No. 5 $ 55,055. (Project Completed)
    f.  Appropriate from Interest Earned on the 2013 bond series proceeds into System Acquisition an  amount of $132,784.39

3. Approval of payment in the amount of $2,575,787.84 from the 2012 Bond Referendum-2013 Series System Acquisition budget.

2013 Bond Project for System Acquisition currently has an available budget  of $1,040,124.21.  This amount along with the amendments listed with equal $2,575,787.84.