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Res 173-94 11/1/1994RESOLUTION NO.` RESOLUTION TO APPROVE PROPOSED AMENDMENT TO WATER PURCHASE CONTRACT WITH WICHITA VALLEY WATER SUPPLY CORPORATION WHEREAS, the City of Wichita Falls and Wichita Valley Water Supply Corporation have a Water Purchase Contract that authorizes the purchase of raw water from Lake Kickapoo by the Corporation; WHEREAS, Corporation recently has requested authority to purchase treated water from the City to supplement the Corporation treatment and distribution system, said treated water to be provided from a tap to be installed on FM Highway 369; WHEREAS, the City may, in the future, annex an area generally between Turtle Creek Road and FM Hwy. 369 and between the Seymour Hwy. and Wichita River, said area being located within the State - approved certificated area where Wichita Valley Water Supply Corporation has exclusive right to serve water; WHEREAS, should the annexation action be taken, City desires to have the exclusive right of water service within the annexed area, and to purchase the Corporation rights and distribution system; WHEREAS, the City staff and Corporation staff have negotiated a methodology to define the cost and procedures for Corporation relinquishing its right and distribution assets in the potential annexation area and for City to assume the water service responsibilities; and, WHEREAS, the Council has reviewed a proposed second amendment to the Water Purchase Contract with Wichita Valley Water Supply Corporation to effect the treated water tap and the purchase methodology. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS, TEXAS, THAT: That certain stated Second Amendment to the Water Purchase Contract between the City of Wichita Falls and Wichita Valley Water Supply Water Corporation is hereby approved, and the City Manager is authorized to execute the amendment for the City. PASSED AND APPROVED THIS THE 1st day „_o ovember, M A Y O R ATTEST: (� q W- n wul') CITJ CLERK