Res 1930 3/1/1977RESOLUTION NO. /fJd
RESOLUTION APPROVING FIRST AMENDMENT TO WATER
PURCHASE CONTRACT WITH THE CITY OF IOWA PARK,
TEXAS.
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, which amends that certain
water purchase contract dated January 10, 1972 between the
City of Wichita Falls and the City of Iowa Park, is hereby
approved, and the City Manager is authorized to execute the
same for the City of Wichita Falls.
PASSED AND APPROVED this the //1-e- day of ""7 ieL/,
1977.
7rAYOR /LZ 9/1
ATTEST:
City Clerk
FIRST AMENDMENT TO WATER PURCHASE CONTRACT
WHEREAS, under date of January 10, 1972, the City of
Wichita Falls and the City of Iowa Park entered into a water
purchase contract, by which Wichita Falls sold water to Iowa
Park for a commodity rate of sixteen cents per 100 cubic
feet, plus a demand rate, which rates are subject to modifi-
cation at the end of every five year period; and,
WHEREAS, there has been an increase in the costs of
performance of the 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 January 10, 1972
is hereby amended so that the commodity rate shall be eighteen
cents per 100 cubic feet of water; the demand rate shall re-
main unchanged.
2. The fourth sentence from the end of Section 2. 0 of
said contract dated January 10, 1972 is hereby amended to
read as follows:
The commodity and demand rates are subject to modifica-
tion every two year period, or when the domestic water
rate for Wichita Falls customers is changed, whichever occurs
sooner. "
3. The effective date of this amendment shall be March 1,
1977.
IN WITNESS WHEREOF, the parties hereto have caused this
agreement to be executed this the day of March, 1977.
CITY OF WICHITA FALLS, TEXAS
BY:
ATTEST: City Manager
City Clerk CITY OF IOWA PARK, TEXAS
BY;
ATTEST: MAYOR
City Secretary