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Res 2405 10/2/1979RESOLUTION NO. ca RESOLUTION APPROVING THIRD AMENDMENT TO WATER PURCHASE CONTRACT WITH WICHITA VALLEY WATER SUPPLY CORPORATION. BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: 1.That certain Third Amendment to Water Purchase Contract, a copy of which is attached hereto, between the City of Wichita Falls and Wichita Valley Water Supply Corporation is hereby approved and the City Manager is authorized to execute the same for the City of Wichita Falls, Texas 2.Resolution 2309 adopted on March 20, 1979 is hereby repealed. PASSED AND APPROVED this 2nd day of October, 1979. 4 J MA YOR ATTEST: Q •P City Jerk ty,4370-6191 9/11 THIRD AMENDMENT TO WATER PURCHASE CONTRACT WHEREAS, under date of March 19, 1974, the City of Wichita Falls and Wichita Valley Water Supply Corporation entered into a Water Purchase Contract by which Wichita Falls sold water to Wichita Valley Water Supply Corporation under the schedule of rates established in Section 2. 0 of such contract, which rates are subject to modification every 5 years on the basis of demonstrated increase or decrease in the cost to provide raw water; and, WHEREAS, this contract was amended on April 8, 1974 and September 3, 1974; and, WHEREAS, Wichita Falls contends that there has been a demonstrated increase in the cost of providing such raw water under this contract, which contention Wichita Valley Water Supply Corporation disagrees with, however, the parties desire to amend such contract. NOW, THEREFORE, the parties hereto do agree as follows: 1. Section 2.0 of said contract dated March 19, 1974 is hereby amended to read as follows: The cost of water purchased by corporation shall be based on the following schedule: 0. 14 per 1,000 gallons Minimum monthly bill $250. 00 This water rate is subject to modification every five (5) years on the basis of demonstrated increase or decrease in the cost to provide raw water. " 2. The effective date of this amendment shall be for all water bills rendered after September 1, 1979. IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed on this the A{;/ day of September, 1979. CITY OF WICHITA FALLS, TEXAS by Gerald G. Fox, City Manager ATTEST: Wilma J. Thomas, City Clerk WICHITA VALLEY WATER SUPPLY CORPORATION by c . c e, E. Wells, President ATTEST: 7/c f ecretary 2-