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Res 2228 9/19/1978RESOLUTION NO. L® RESOLUTION APPROVING FIRST AMENDMENT TO WATER PURCHASE CONTRACT WITH ARCHER CITY TO INCREASE THE RATE PAID FOR WATER. BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: That certain First Amendment to Water purchase Contract, a copy of which is attached hereto, between the City of Wichita Falls and the City of Archer City, which increases the rate paid by Archer City for water purchased from Wichita Falls, is hereby approved, and the City Manager is authorized to execute the same for the City of Wichita Falls. PASSED AND APPROVED this the 19th day of September, 1978. M A Y O R ATTEST: lcf^lzzll/ _2 Ci y Clerk FIRST AMENDMENT TO WATER PURCHASE CONTRACT This agreement made and entered into this the day of 1978 , between the City of Wichita Falls, Texas, and the City of Archer City, WITNESSETH: Section 2. 0 of that certain Water Purchase Contract dated September 29, 1976 between the City of Wichita Falls and the City of Archer City is hereby amended to read as fol- lows: Section 2. 0: Archer City shall pay to City for water purchased hereunder at the rate of seventeen and one-half cents ($0. 175) per one thousand gallons. This water rate is subject to modification prior to January 1, 1979 based upon a contract water rate study now under way. Thereafter, the price shall escalate ten percent annually beginning January 1, 1980. " This amendment shall be effective November 1, 1978 IN WITNESS WHEREOF, the parties hereto have caused this contract to be executed as of the day and year first set out above. City of Wichita Falls, Texas By: City Manager ATTEST: City Clerk City of Archer City, Texas ATTEST: By: M A Y O R City Secretary