Loading...
Res 1429 7/3/1973i RESOLUTION NO. /41V9 RESOLUTION APPROVING AMENDMENT TO WATER PURCHASE CONTRACT BETWEEN THE CITY OF WICHITA FALLS AND THE CITY OF BURKBURNETT. WHEREAS, heretofore the City of Wichita Falls and the City of Burkburnett entered into a Water Purchase Contract dated March 19 , 1973, which contract was authorized by Resolution No. 1397 of the City of Wichita Falls; and, WHEREAS, the parties desire to amend such contract, to enlarge the amount of the capacity of the line which will be purchased by Wichita Falls from Burkburnett. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS , TEXAS, THAT: That certain agreement between the City of Wichita Falls and the City of Burkburnett, a copy of which is attached hereto, which amends the Water Purchase Contract dated March 19, 1973, is hereby approved, and the City Manager is author- ized to execute the same for the City of Wichita Falls , Texas. PASSED AND APPROVED THIS THE 3RD DAY OF JULY, 1973. M A O ]t ATTEST: City Clerk f I AMENDMENT OF WATER PURCHASE CONTRACT WHEREAS, heretofore the City of Wichita Falls and the City of Burkburnett entered into a water purchase contract dated March 19 , 1973; and, WHEREAS , the parties desire to amend Section 1. 5 and Section 1.6 of said contract . Now, therefore, for and in consideration of the mutual benefits to be derived by the parties by the amendment of such contract, do hereby agree as follows : 1. Section 1. 5 of said contract dated March 19 , 1973 is hereby amended so that it shall read as follows : Section 1. 5 : City shall purchase the equivalent of an eight inch (8") capacity in the transmission line from Delivery Point to Metering Point. This purchase shall be accomplished by the City paying to Burkburnett the equivalent cost of constructing an eight inch (8") water main from Delivery Point to Metering Point as determined either by bid or the going costs of such construction at the time of bidd- ing. City shall have the right, through its Director of Public Utilities , to authorize connections to the transmission line between Delivery Point and Metering Point (south extra- territorial jurisdiction line of Burkburnett) . " 2. Section 1. 6 of said contract dated March 19 , 1973 is hereby amended so that it shall read as follows : Section 1.6 : Connections to the transmission line by the City as authorized in Section 1. 5 shall be made for total water usage up to and including the estimated capacity of an eight inch (8") water main (1 ,600 ,000 gallons per day) . This amount may be increased or decreased by mutual agreement of both parties . At the time that this ultimate capacity is reached, City may either refuse to authorize further connec- tions into the transmission line between Metering Point and Delivery Point or choose to construct a parallel water trans- mission/distribution line to serve anywhere between the Delivery Paint and Metering Point. If the latter option is chosen, Burkburnett will repay to the City the depreciated value of the equivalent eight inch (8") water line cost. All connections will then be removed from the Burkburnett trans- mission line by the City. Burkburnett may also request the removal of City connections by paying to the City the depreciated value of the equivalent eight inch (8") water line cost with at least a nine (9) month notice of such action. Such action may be taken only when such capacity is needed to meet Burkburnett service requirements. The depreciated value of the equivalent eight inch (8" ) water line shall be determined on a straight line basis as follows : the original value shall be the amount paid by City to Burkburnett as provided in Section 1.5 above, and this value shall be depreciated at the rate of 2% per year from the time Burkburnett starts buying water under this Contract. " IN WITNESS WHEREOF, the parties have caused this agreement to be duly executed this the day of July, 1973. CITY OF WICHITA FALLS , TEXAS By: City Manager ATTEST: City Clerk CITY OF BURKBURNETT, TEXAS By: ATTEST: City Secretary 2 -