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Council adopts LOGIC participation and amends water conservation ordinance; consent agenda approved
Summary
The Woodway City Council voted to apply for participation in the LOGIC local government investment trust, unanimously adopted an amendment to the city water-conservation code at TCEQ’s request, and approved its consent agenda.
The city council approved three formal items at the meeting.
Resolution R2422: Council moved to adopt Resolution R2422 to approve an application for participation in the Local Government Investment Cooperative (LOGIC) trust for a portion of the city’s long-term capital projects fund. Staff said the roughly $2 million currently in a money-market account would be placed into LOGIC to seek higher returns; staff cited a five‑year performance comparison in which LOGIC returned about 5.2% versus TexPool at approximately 5.01% and Texar at about 5%. The measure was adopted by voice vote.
Ordinance 24‑11: Council re-adopted an amendment to Section 18.105.8 (Article 5) of the city code — the water conservation plan — to incorporate an additional sentence requested by the Texas Commission on Environmental Quality (TCEQ) clarifying that Waco is the wholesale provider. Staff described the change as ministerial and the ordinance was adopted unanimously.
Consent agenda: The council approved the consent agenda, which bundles routine, noncontroversial, budgeted items. No member removed an item for separate consideration and the consent agenda passed by voice vote.
Votes and motions noted in the transcript did not record individual member vote tallies or the names of the members who made and seconded each motion. The record shows the motions were moved, seconded and carried by voice vote.
