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Res 068-99 7/15/1999RESOLUTION NO. CQ -�i RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, AUTHORIZING AN EXTENSION AND AMENDMENT TO THE CONTRACT FOR THE OPERATION AND MAINTENANCE OF THE JOINTLY -OWNED LAKE AND CANAL SYSTEMS, ENTERED INTO BY AND BETWEEN THE CITY OF WICHITA FALLS AND THE WICHITA COUNTY WATER IMPROVEMENT DISTRICT NO. 2; FINDING AND DETERMINING THAT THE MEETING AT WHICH THIS RESOLUTION WAS PASSED WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW. WHEREAS, the City of Wichita Falls and the Wichita County Water Improvement District No. 2 have maintained an agreement for the operation and maintenance of Lake Kemp, the diversion reservoir, main canals, laterals, and other facilities used in connection therewith for many years; and, WHEREAS, it is desirable to amend said agreement at paragraphs 5 and 6 so as to extend the agreement for a period of ten (10) years from October 1, 1998, and also to add clarifying language to paragraph 6. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: SECTION 1. The proposed amendments to the operation and maintenance contract for the jointly -owned lake and canal systems between the City of Wichita Falls and the Wichita County Water Improvement District No. 2 are hereby approved, and the City Manager is authorized to execute such amendments on behalf of the City. SECTION 2. It is hereby officially found and determined that the meeting at which this resolution was passed was open to the public as required by law. PASSED AND APPROVED this the 15th day of July, 1999. ATTEST: City Clerk )MAYOR . , , STATE OF TEXAS § COUNTY OF WICHITA § AMENDMENT AND EXTENSION TO CONTRACT FOR THE OPERATION AND MAINTENANCE OF JOINTLY -OWNED LAKE AND CANAL SYSTEMS This amendment and extension to the contact for the operation and maintenance of jointly -owned lake and canal systems, made and entered into by and between the City of Wichita Falls and the Wichita County Water Improvement District No. 2 this I'4 +n of July, 1999, WITNESS ET H: WHEREAS, the City of Wichita Falls and the Wichita County Water Improvement District No. 2 have executed an operation and maintenance agreement for the jointly- owned lake and canal systems; the latest extension of said agreement dated the 30th day of September, 1998; and, WHEREAS, it is desirable to amend said agreement at paragraphs 5 and 6 to provide an extension of the agreement, and further to clarify the intent of the parties as to consideration to be paid by City. I NOW, THEREFORE, the parties hereto do hereby agree as follows: "The term of this agreement shaff be for a period of ten (.z 0) years from and after October 1, 1998 subject to the provisions of paragraph 6. Paragraph 6 of said contract referenced herein is amended to read as follows: "6. Further, as a part of the consideration for this agreement, City shall pay to District $157,500.00 per year for each year of the contract. Such payments shall be made in monthly installments of $13,125.00 each; the first such monthly installment shall be paid on or before October 15, 1998, and a like monthly installment shall be paid on or before the 15th day of each month thereafter duringthe term of this agreement. ft is further the intent of the parties that in any future extension of this agreement beyond October 1, 2008, revenues derived from the safe of water to Archer Power Partners L.P., will not be factored into the amount of consideration paid by the City to the District under this section. ff the sale of water does not equal or exceed revenue from the sale of water to the West Texas Utilities, this contract shaft end on October 1, 2003. " IN WITNESS WHEREOF, the parties have caused this agreement to be executed by their duly authorized officers on the date specified above. City of Wichita Falls, Texas es BerzXa, City Marra'& Attest: City Cler Wichita County Water Improvement District No. 2 By: J mmy Ban s, General Manager Attest: ',"& /J,�- Secr ry, Board of Directors