The Lockhart City Council convened on July 15, 2025, to discuss several key agenda items, including a memorandum of understanding (MOU) with the Guadalupe-Blanco River Authority (GBRA) regarding a significant water supply project, financial reports, and upcoming resolutions.

The meeting began with a discussion on the proposed MOU between GBRA and the city concerning the Water Secure project. This initiative aims to address future water supply needs, projecting a demand for between 4.82 million gallons per day (MGD) and 7.03 MGD by 2045. The project, estimated to cost around $6 billion, involves a combination of raw and treated water sources, including aquifer storage and recovery. The MOU is non-binding and serves to gauge interest from various entities in participating in the project, which could influence the overall cost of water. GBRA plans to finalize interested parties and explore funding options by October 2025, with a project kickoff anticipated in May 2026.

Following the water supply discussion, the council reviewed the third quarter fiscal year 2025 investment report. As of June 30, 2025, the city's investment portfolio totaled $38 million, reflecting a decrease of $6.6 million from the previous quarter due to capital expenditures. The city reported a total return on investment of $460,000 for the quarter, maintaining a passive investment strategy.

The council also addressed Resolution 2025-23, which seeks to suspend a proposed gas utility rate increase by Texas Gas Service, effective August 19, 2025. This resolution allows for a 90-day suspension of the rate change, with the city planning to hire legal representation to navigate the application process.

Additionally, the council discussed Resolution 2025-22, which delays action on an ordinance for issuing combination tax and revenue certificates of obligation not to exceed $20 million. This delay is necessary to meet notification requirements as advised by the city’s bond council.

The meeting concluded with a review of the minutes from previous council meetings held in July 2024. The council's discussions reflect ongoing efforts to secure water resources and manage city finances effectively, with further actions planned for the upcoming meetings.