Res 2315 3/20/1979RESOLUTION NO. &
RESOLUTION APPROVING THIRD AMENDMENT TO WATER
PURCHASE CONTRACT WITH THE TOWN OF PLEASANT
VALLEY.
BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF
WICHITA FALLS, TEXAS, THAT:
That certain Third Amendment to Water Purchase Contract,
a copy of which is attached hereto, between the City of Wichita
Falls and the Town of Pleasant Valley 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
THIRD AMENDMENT TO WATER PURCHASE CONTRACT
WHEREAS, under date of April 9, 1968 the City of Wichita Falls and the
Town of Pleasant Valley entered into a water purchase contract, by which Wichita Falls
sold water to the Town of Pleasant Valley under the schedule of rates established in
Section B.1. of such contract; and,
WHEREAS, amendments to this contract were approved and dated April 9,
1968 and January 3, 1978 which authorized water rate modification every two year period,
or when the domestic water rate for Wichita Falls' customers is changed, whichever
occurs sooner; and,
WHEREAS, there has been an increase in the costs of providing such water
under this contract and the domestic water rates for Wichita Falls' customers have been
changed, and the parties desire to amend such contract.
NOW, THEREFORE, the parties hereto do hereby agree as follows:
1. Section B.1. of said contract dated April 9, 1968 and amended on
January 1978 is herebyry3, 1 y amended as follows:
Section B.1. : The cost of water purchased by Pleasant Valley
shall be based in accordance with the following schedule:
0.45 per 100 cubic feet
Minimum monthly bill $400. 00
2. Section C.3. of said contract dated April 9, 1968 and amended on
January 3, 1978 is hereby amended as follows:
Section C.3.: This water rate is subject to modification annually
for all water bills rendered after April 30th of each year based upon a
rate making system and formula to be developed by Wichita Falls and
submitted to Pleasant Valley 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 reser-
voir space required to meet Pleasant Valley's future needs, but for water
not actually being taken in the maximum daily amount of 50, 000 gallons
per day.
3. 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
TOWN OF PLEASANT VALLEY
BY:
Mayor
ATTEST:
City Secretary
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