Res 1521 4/8/1974r
RESOLUTION NO.
RESOLUTION APPROVING AMENDMENT TO WATER
PURCHASE CONTRACT WITH WICHITA VALLEY
WATER SUPPLY CORPORATION.
BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
That certain Amendment to Water Purchase Contract, a
copy of which is attached hereto, between the City of
Wichita Falls and Wichita Valley 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 8TH DAY OF APRIL, 1974 .
1` AT /A/ ( I
O M A Y O R
ATTEST:
CITY CLERK
AMENDMENT TO WATER PURCHASE CONTRACT
This Amendment to Water Purchase Contract is made and
entered into this the 8th day of April, 1974, by and between
the City of Wichita Falls, Texas, hereinafter called "City" ,
and Wichita Valley Water Supply Corporation, hereinafter
called "Corporation
WITNESSETH:
WHEREAS, by Resolution No. 1517 , adopted on March 19th,
1974, the Board of Aldermen of the City of Wichita Falls
approved a certain Water Purchase Contract with Wichita
Valley Water Supply Corporation; and,
WHEREAS, the parties hereto do hereby desire to amend
such Contract.
NOW, THEREFORE, for and in consideration of the mutual
covenants herein contained, the parties hereto do hereby
agree as follows:
Section 8 . 0 of the Water Purchase Contract above re-
ferred to is hereby amended to read as follows:
Section 8 . 0: This Contract shall not be assignable
without the approval of the City, except Corporation may
assign and/or mortgage this Contract to the United States
of America, acting through the Farmers Home Administration.
However, in the event of any occurrence rendering Corpora-
tion incapable of performing under this Contract, any
successor of Corporation, whether the result of legal pro-
cess, assignment, or otherwise, shall succeed to the rights
of Corporation hereunder. "
Except insofar as such Water Purchase Contract is
amended herein, the same shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have caused
these presents to be executed as of the day and year
first above set out.
CITY OF WICHITA FALLS, TEXAS
BY:
CITY MANAGER
ATTEST:
CITY CLERK
WICHITA VALLEY WATER SUPPLY
CORPORATION
BY:
PRESIDENT
ATTEST:
Secretary
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