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Res 2312 3/20/1979RESOLUTION NO. 11/"...l RESOLUTION APPROVING SECOND AMENDMENT TO WATER PURCHASE CONTRACT WITH DEAN DALE WATER SUPPLY CORPORATION. BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: That certain Second Amendment to Water Purchase Contract, a copy of which is attached hereto, between the City of Wichita Falls and Dean Dale Water Supply Corporation 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. M A Y O R ATTEST: City Clerk SECOND AMENDMENT TO WATER PURCHASE CONTRACT WHEREAS, under date of March 2, 1977 the City of Wichita Falls and the Dean Dale Water Supply Corporation entered into a water purchase contract, by which Wichita Falls sold water to the Dean Dale Water Supply Corporation under the schedule of rates established in Section 2.0 of such contract, which rates were subject to modi- fication every two years, or when the domestic water rate for Wichita. Falls' customers is changed, whichever occurs sooner; and, WHEREAS, the first amendment to this water purchase contract was ap- proved on January 3, 1978; and, WHEREAS, there has been an increase in costs of providing water under this contract and the domestic water rates for Wichita Falls' customers have been changed, and the parties desire to amend this contract. NOW, THEREFORE, the parties hereto do hereby agree as follows: 1. Section 2. 0 of said contract dated March 2, 1977 and amended on January 3, 1978 is hereby amended as follows: Section 2. 0: The cost of water purchased by Dean Dale Water Supply Corporation shall be based in accordance with the following schedule: 0.45 per 100 cubic feet Minimum rate will be $400.00 per month 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 Dean Dale Water Supply Corporation 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 Dean Dale Water Supply Corpor- ation future needs, but for water not actually being taken in the maxi- mum daily amount as contained in Section 1.8 of this contract. 2. The effective date of this amendment shall be for all water bills rendered 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 DEAN DALE WATER SUPPLY CORPORATION BY: President ATTEST: Secretary 2-