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Res 2067 1/3/1978RESOLUTION NO. 2067 RESOLUTION APPROVING THIRD AMENDMENT TO RAW WATER PURCHASE CONTRACT WITH ARROWHEAD DEVELOPMENT, INC. 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, which amends that certain water purchase contract dated March 5, 1971 between the City of Wichita Falls and Arrowhead Development, Inc., is hereby approved, and the City Manager is authorized to execute the same for the City of Wichita Falls. PASSED AND APPROVED this the 3rd day of January, 1978. MAYOR ATTEST : City Clerk THIRD AMENDMENT TO RAW WATER PURCHASE CONTRACT WHEREAS, under date of March 5, 1971, the City of Wichita Falls and Arrowhead Development, Inc. entered into a raw water purchase contract, by which Wichita Falls sold raw water to Arrowhead Development, Inc. for a commodity rate as set forth in Section 2. 0 of said contract, which rates are subject to modification at anytime the established raw water rates charged by the City are modified; and, WHEREAS, there has been a modification of the established raw water rates charged by the City, and the parties desire to amend such contract. NOW, THEREFORE, the parties hereto do hereby agree as follows: 1. The first sentence of Section 2. 0 of said contract dated March 5, 1971 is hereby amended in accordance with the following schedule of rates: First 6,000 gallons per month $2.40. Next 94,000 gallons per month at 2L4 per 1, 000 gallons. All over 100,000 gallons per month 18c per 1, 000 gallons." 2. The effective date of this amendment shall be January 1, 1978. IN WITNESS WHEREOF, the parties hereto have caused this agreement to be executed this the 3rd day of January, 1978. CITY OF WICHITA FALLS, TEXAS BY: City Mana r ATTEST: iL y Clerk ARROWHEAD DEVELOPMENT, INC. BY: President ATTEST: Secretary