Regional Water Supply System Information

Investor Information

Tacoma Water owns, operates, and maintains the Regional Water Supply System (RWSS). It also serves as the ultimate security for financing jointly issued with one or more RWSS participants.

The 2002 Second Supply Partnership Agreement, as amended, outlines each participant’s rights and responsibilities for using and funding the system. These costs include capital expenses, operations and maintenance expenses, and debt service payments. Tacoma recovers these costs through Contract Resource Obligation payments from each RWSS participant. Other key RWSS agreements include the Muckleshoot Indian Tribe Agreement and the Project Cooperation Agreement with the U.S. Army Corps of Engineers.

There are four participants in the Second Supply System, all in Washington State:

• Tacoma Water
• Covington Water District
• City of Kent
• Lakehaven Water and Sewer District

The following are the latest available audited financial statements for the participants in the Second Supply System (other than Tacoma). The financial statements for each participant have been provided by the participant; the City of Tacoma has not independently verified such information and does not guarantee the accuracy or completeness of such information or that such information is the latest available.

Disclosures and disclaimers

Municipal Advisor Disclosure

Tacoma Water intends that market participants receive and use the following Independent Registered Municipal Advisor Disclosure Certificate as disclosure of our representation for purposes of the independent registered municipal advisor exemption to the SEC Municipal Advisor Rule.

Notices & Disclaimers

Use of this site constitutes acknowledgment and acceptance of the following terms and conditions:

The documents referenced in this website are limited in scope. The documents do not constitute an offer to sell or a solicitation of an offer to buy Tacoma’s bonds. Each document listed in this section is dated and speaks only as of that date. Tacoma does not undertake to update, and expressly disclaims any duty to update, any document.

If and when included in these documents, the words “plan,” “expect,” “forecast,” “estimate,” “budget,” “project,” “intends,” “anticipates” and similar words are intended to identify forward-looking statements, and any such statements inherently are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those projected. Any forward-looking statements speak only as of the date they were prepared.

By clicking on the links above, you acknowledge that the documents are limited in scope; are not an offer to sell; are each dated as of a certain date and speaks only as of that date; and have not been updated since that date; and that as a result, the documents may not contain all information material to investors and may contain material misstatements or omissions because of the passage of time or the occurrence of subsequent events.