The Eagle Bend Metropolitan District Water Activity Enterprise was
established in 2008 as a "water activity enterprise" and an agency of the
District. The District's Board of Directors serves as the Board of
Directors of the Enterprise. The Enterprise will continue all of the
District's water activities, including water acquisition projects,
facility activities, construction, operation, repair and replacement of
water, wastewater, and stormwater or stormwater facilities using revenues
generated by such water activities and held and managed in the District's
water enterprise fund.