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HomeMy WebLinkAboutContract 16807 CITY SECRETARY CON.T,RAC,t pto.�6 SECOND AMENDMENT TO CITY SECRETARY CONTRACT N0. 5 5 1 0� This agreement entered into this � day of 1988, by and between the City of Fort Worth and Benbrook Water & Sewer Authority. WHEREAS, the City of Fort Worth and Benbrook Water & Sewer Authority entered into a contract for water service dated July 13 , 1966 , same being City of Fort Worth City Secretary Contract No. 5572; and WHEREAS, on December 10, 1987, the City of Fort Worth and Benbrook Water & Sewer Authority entered into an amendent of City of Fort Worth City Secretary Contract No. 5572, same being City of Fort Worth City Secretary Contract No. 16131; and WHEREAS, the City of Fort Worth and Benbrook Water & Sewer Authority are desirous of amending said City of Fort Worth City Secretary Contract Numbers 5572 and 16131; NOW, THEREFORE, the City of Fort Worth and Benbrook Water & Sewer Authority agree as follows: 1. Paragraph 5 , Section 3B, of City of Fort Worth City Secretary Contract No. 16131 is hereby amended and , after having been so amended , shall read as follows: "b. Commodity Charge and Rates of Use Charge. "Except for fiscal year 1988-1989, the rate shall be reviewed and adjusted every three (3) years beginning in fiscal year 1989-1990. The cost related to the projection and transmission function of distributing treated water to the Fort Worth city limits in wholesale quantities plus a s rvice . OFFICIAL RECORD -1- CITY SECRETARY FT. WORTH, TEX. charge shall be determined in accordance with the methods herein. Such costs shall be projected through the City of Fort Worth fiscal year 1991 to establish the fair rate for water to be charged during the period October 1, 1989, to September 30, 1992. The adjusted rate shall be made effective October 1 , 1989, A similar review and rate adjustment shall be made for each succeeding three year period for the term of this contract. For the rates for the three (3) years beginning 1989-1990 , the Touche Ross Study dated September, 1987, and computer model included therewith shall be used by Fort Worth to project the rates to be charged for said three (3) year period. The following rates are hereby established for the period October 1, 1988, to September 30, 1989: OUTSIDE Volume Rates (Per 1000 gal . ) DISTRICT Treatment, Pumping and Transmission $.3183 Raw Water $.6191 Total Volume Rate $,9374 Maximum Day Rate (Per MGD in excess of average day) $62,974 Maximum Hour Rate (Per MGD in excess of maximum day) $29,450 Meter Charge ($/meter/month) $25 2. Every other term, condition and/or covenant contained in City of Fort Worth City Secretary Contract Numbers 5572 and 16131 not amended hereby shall be unaffected hereby and shall continue in full force and effect. -2- ATTEST: CITY OF FORT WORTH 2 C By City Secretary Assistant City Manager APPROVED AS TO FORM AND LEGALITY: /),�City Attorney Date: ATTEST: WATER AND SE1hIER AUTHORITY By: APPROVED AS TO FORM AND LEGALITY: I Attorney - F., �.� �utbori z I Contras r r D Date: Date -3- P City of Fort Worth, Texas I'Mayor and Council cill C®mniunication DATE REFERENCE SUBJECT: AMENDMENT TO THE WHOLESALE PAGE NUMBER WATER CONTRACTS t or—_.__ 1 11-10-87 **C-10646 Recommendation It is recommended that the City Council authorize the City Manager to execute contract amendments with the wholesale water customers, a sample of which is attached, which provides that the Touche Ross rate methodology and wholesale water rates be implemented in fiscal year 1988, and the 1987 Touche Ross wholesale water rate study and the computer model be used to project rates for the five-year period beginning in 1989. Discussion Beginning in May, 1987, the Fort Worth Water Department staff and the Wholesale Water Advisory Committee met to select a rate consulting firm, discuss potential wholesale water contract revisions, and review the 1987 Touche Ross Wholesale Water Rate Study. As a result, the Water Department staff proposed, and the Mayor' s Council approved, a contract amendment which implements the rate methodology and rates of the 1987 Touche Ross Wholesale Water Rate Study in fiscal year 1988. In addition, the amendment provides that the Touche Ross rate study and computer model will be used by Fort Worth in fiscal year 1989 to project rates to be charged for the five-year period beginning in 1989. The contract amendment is viewed by the Fort Worth Water Department staff as a first-step in renegotiating the wholesale water contracts which expire in the period from 1993 to 2002. It is expected that the amendment would be a temporary measure prior to revision of the wholesale water contracts in 1988. Although the amendment is a temporary measure, it benefits the City in two ways: 1) It immediately requires a rate review in 1989, whereas, the current contract allows rate adjustments only every five years; and 2) It serves as an inducement to renegotiate the contracts for the long-term. As of November 4, 1987, nineteen of the twenty-four billed wholesale water customers have signed the contract amendments. Upon receipt of signed contract amendments from all wholesale water customers and execution of the amendment by City Council , the Fort Worth Water Department staff will proceed with contract negotiations. APPROVER BY RAM:wl CITY COUNCIL Y 10 19P SUBMITTED FOR It-IL DISPOSITION BY COUNCIL: FIR CESSED BY CITY MANAGER'S OFFICE BY: Ruth Ann McKinne APPROVED �r CRIi;INATING OTHER (DESCRIBE) DEPARTMENT HEAD: Richard Sawe CITY SECRETARY . FAR ADDITIONAL INFORMATION Qdty f port Ww1h, wmo CONTACT. S . Nunn-8202 'DATE