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Res 2307 3/20/1979RESOLUTION NO. c 'rff 7 RESOLUTION APPROVING FIRST AMENDMENT TO WATER PURCHASE CONTRACT WITH THE CITY OF ARCHER CITY. 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 is hereby approved, and the City Manager is authorized to execute the same for the City of Wichita Falls. PASSED AND APPROVED this the 20th day of March, 1979. 7 . ed.: 00",.44./.4t71/ M A Y O R ATTEST: J.:2-e Ae- City Clerk FIRST AMENDMENT TO WATER PURCHASE CONTRACT WHEREAS, under date of September 21, 1976 the City of Wichita Falls and the City of Archer City entered into a water purchase contract, by which Wichita Falls sold water to the City of Archer City under the schedule of rates established in Section 2.0 of such contract, which rates are subject to modification after two years to twice the actual cost of providing raw water; and, WHEREAS, a first amendment to the water purchase contract was approved by Resolution 2228 which implementation was later postponed by the Board of Aldermen; and, WHEREAS, there has been an increase in the costs of providing such raw water under this contract, and the parties desire to amend such contract. NOW, THEREFORE, the parties hereto do hereby agree as follows: 1. Section 2. 0 of said contract dated September 21, 1976 is hereby amended as follows: Section 2. 0: The cost of water purchased by Archer City shall be based in accordance with the following schedule: 0.14 per 1, 000 gallons Minimum monthly bill $500. 00 This water rate is subject to modification annually for all water bills rendered after April 30th of each year based upon a rate making sys- tem and formula to be developed by Wichita Falls and submitted to Archer City by January 1, 1980. The schedule of rates beginning with all water bills rendered after April 30, 1980 could also include a reservoir capacity charge" designed to cover the cost of reservoir space required to meet Archer City's future needs, but for water not actually being taken in the maximum daily amount as contained in Sec- 1. otion2of this contract.0 2. Resolution 2228 approving a first amendment to this water purchase contract is hereby repealed. 3. Effective date of this amendment shall be for all water bills rendered II after April 30, 1979. IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed on this the day of 1979. CITY OF WICHITA FALLS, TEXAS BY: City Manager ATTEST: City Clerk CITY OF ARCHER CITY, TEXAS BY: Mayor ATTEST: City Secretary 2-