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HomeMy WebLinkAboutContract 7955 .CITY SECRETARY CONTRACT. CONTRACT AMENDMENT THE STATE OF TEXAS COUNTY OF TARRANT � THIS CONTRACT AND AGREEMENT made and entered into as of the day of , 1974, by and between the City of Fort Worth, a municipal corporat ated in Tarrant County, Texas, acting by and through it duly authorized City Manager and the Trinity River Authority of Texas, a governmental agency of the State of Texas, acting by and through its duly authorized Board of Directors, and the City of Hurst, a municipal corporation acting through its duly authorized City Council , and the City of North Rich- land Hills, a municipal corporation, acting through its duly authorized City Council , hereinafter called "Purchasers," W I T N E S S E T H WHEREAS, the parties hereto have entered into an agreement by contract dated April 18, 1969 for -the provision of sanitary sewer service in the Walker- Calloway Branches drainage area of Tarrant County Texas; and WHEREAS, those parties deem it advisable to amend the said contract in order to improve the provision of sanitary sewer service in the areas affec- ted thereby, KNOW ALL MEN BY THESE PRESENTS: That the third paragraph of Section 3 (a) of Item III of the April 18, 1969 contract is hereby amended to read and provide as follows: The next adjustment of the charge rate following the initial adjustment as set out above shall be effec- tive October 1 , 1973, and charge rate adjustments shall be made each year thereafter in accordance with the procedures developed by the City of Fort Worth as a result of the rate consultant's study. IN TESTIMONY WHEREOF, after proper action by the respective governing bodies for the parties hereto, we have caused these presents to be executed in OFFICIAL IRFC4qD multiple copies , each of which is considered to be. an original , and.the seF;ls of the respective parties to be hereto affixed as of the date above written. CITY 01= FORT WORTH: BY ATTEST- CITY h��1hJAGER ATTEST CITY SECRETARY APPROVED AS 70 FOR(•1 Af`dD LEGALITY: TY AT'fOR(dEY A P OVA COMM -DQq.- DI E F RT WORTH MATER DCfIAA'1RMUT (SEAL) TRIN�IRIVER TJiOR T� O�S: BY / •/�/ GENERAL 11ANAGER ATTEST: ASST. SECRETARY, BOARD OF DIRECTORS (SEAL) CITY OF HURST: BY OR ATTEST CITY SECRETARY , Assistant (SEAL) CITY OF NORTH RICHLAND HILLS: BY c <i MAYOR ATTEST: CITY SECRETARY (SEAL) City ®f Fort Worth Texas 4 y or and Counctll Communicat ; DATE ` R5FERENCE SUBJECT: Annual Adjustment of Rates fOT PAGE N ,ftBER 5�2077G Sewage Treatment Customer Cities 1,oP C-2810 Thy City of ,Fort' Worth has Tong term sanitary sewer service -contr sets with 20 . customer cities The contracts specify that the charge rate will be reviewed i aril ;adjusted each; five years.. Each. five years, cost trends -including the average rate', of increase or decrease in the annual costs of operation are to be ; pro�ected _to determine .a fair adjusted charge rate. The City .staff reviews 'the projected costs ' ndthe wastewater treatment service payments from the C.ity'. and i.ts -20 customer c ties'.for the next five year period. The weighted average coat foie opeati�r� is ;determined for that period and the rate is established; The ad justed tacos h'eve l ee x determined for the period beginning October `1, 1973. .' th ough SepteMVet 309, 1978. Due to the difficulty oi:1projecting operating and,maintenance costs for a , priod of five years ahead during this period of rising costs and changing , standard for sew Age, treatment operations by regulatory agencies, the City staff h'a: popmsod to-<' ts customer cities that they agree to executing a Letter of Agreement whereby the charge rate would be adjusted annually. Each.year when the Water Departm�rit budget is approved, the customer cities will be:advised of t�Ze naxt'year's charge rate. It was considered that this procedure would be' to . the , est''interest 'of both parties. At this date, , nine "Letters':of Agreement" ' have been reigned and `returned to the Water Department. Other cities have indi�` cta' ed they will also sign the Letters of Agreement. The staff"will review the accounts of those cities that wish to continue o�z tie e;ye'ar rate 'adjustment basis, When cumulative payments to the City of- F�r Worth do nat .meet the cumulative 'co%st of service, it will .be necessary to acv�se tTios.e cities' of the, necessity of a rate adjustment. f RecommeMation It 'is recommended :that'.the City Manager be authorized to sign the I,etters.'of , Agreement with. those cities who agree to the annual adjustment of 'the: at sewage re 4W.kr 1 � SUBMlTTCD 0Y DISPOSITI BY COUNCIL: PRO SSED BY. APPROVED 0 OTHER (DESCRIBE) ��. C SECRETARY: DATE CITY mANAmn'