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Res 126-82 8/3/1982r p RESOLUTION NO. /J/_- RESOLUTION APPROVING AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE FOURTH AMENDMENT TO THE CITY'S TREATED WATER SUPPLY CONTRACT WITH THE CITY OF IOWA PARK. BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS , TEXAS, THAT : That certain Fourth Amendment to Water Purchase Contract , a copy of which is attached hereto, between the City of Wichita Falls and the City of Iowa Park, is hereby approved, and the City Manager is authorized to execute the same for the City of Wichita Falls. PASSED AND APPROVED this the 3rd day of August, 1982 . M A Y O R ATTEST: City Clerk r 1 FOURTH AMENDMENT TO WATER PURCHASE CONTRACT WITH CITY OF IOWA PARK This Fourth Amendment to Water Purchase Contract made and entered into this the 3rd day of August, 1982 , by and between the City of Wichita Falls, Texas and the City of Iowa Park, Texas, WITNESSETH: WHEREAS, the City of Wichita Falls and the City of Iowa Park entered into a water purchase contract, dated January 10 , 1972 , and the parties desire to make a fourth amendment to such contract. NOW, THEREFORE, the parties hereto do hereby agree as follows: 1. Section 2. 0 of said contract, dated January 10 , 1972 , is hereby amended to provide that Iowa Park shall pay for all water delivered after January 1 , 1982 under this contract at the rate of 40. 68 cents per 100 cubic feet; future changes in such water rate may be made in accordance with the Memorandum of Agree- ment executed in 1980 by Wichita Falls, Iowa Park and other certain entities purchasing water from the City of Wichita Falls. All other provisions in such Section 2. 0 shall not be affected by this Fourth Amendment. 2. Upon the execution of this Fourth Amendment, Iowa Park shall pay to Wichita Falls in cash the sum of $2 ,485. 76 , which represents the difference between the total payments paid by Iowa Park for water service from January 1 , 1982 through May 31, 1982 , and the total amount which is due for such water service on the basis of the new rate of 40. 68 cents per 100 cubic feet, plus interest on this money which should have been paid at monthly intervals during this period. • IN WITNESS WHEREOF, the parties hereto have caused these presents to be executed as of the day and year first set out above. CITY OF WICHITA FALLS By: ATTEST: City Clerk CITY OF IOWA PARK By: ATTEST: City Secretary