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HomeMy WebLinkAboutContract 23304 SUPPLEMENTAL WATER SUPPLY AGREEMENT TRINITY RIVER AUTHORITY OF TEXAS ^,1TY SECRETARY CITY OF FORT WORTH 6NTRACT NO. � STATE OF TEXAS COUNTY OF TARRANT TI S CONTRACT AND AGREEMENT is made, executed, and entered into this ,t,� . day of , 1997, by and between the TRINITY RIVER AUTHORITY OF TEXAS, a conse,vation and reclamation district created by and functioning under Chapter 518, Acts of the 54th Legislature of the State of Texas, Regular Session, 1955, as amended, pursuant to Article XVI, Section 59 of the Texas Constitution (hereafter called "AUTHORITY"), and the CITY OF FORT WORTH, a municipal corporation of the County of Tarrant, State of Texas(hereafter called "CITY") acting by and through its duly authorized Assistant City Manager. W' SSETH WHEREAS, this Interlocal Agreement is made under the authority granted by and pursuant to V.T.C.A., Government Code, Chapter 791, known as the Interlocal Cooperation Act; and; WHEREAS, the AUTHORITY has provided at its own expense and now owns, operates, and maintains the arrant County Water Supply Project, for the purpose of supplying treated water to Bedford, Euless, Colleyville, and portions of Grapevine and North Richland Hills; and, WHEREAS, the CITY has provided at its own expense, and now owns, operates, and maintains facilities for processing and distributing a large supply of surface water, and is qualified' to furnish and deliver treated water, both within and without the corporate boundaries of the City of Fort Worth; and, WHEREAS, due to the interconnection of the AUTHORITY's and CITY's system, the AUTHORITY and CITY desire to enter into a mutually satisfactory agreement whereby either party may assist the other to meet their future supplemental water supply needs. NOW THEREFORE, the foregoing parties to this AGREEMENT agree as follo4��: Section 1. CONDITIONS PRECEDENT. At the request of the Regional Me.,.,, ; Northern Region, of the AUTHORITY, or the Director of the Fort Worth Water Depa ,t, water may be provided on a supplerrental basis to either pasty. The determination of the extent that water is available shall be in the sole discretion of the party which will provide the water supply. Prior to any activation, both parties shall agree in writing on the volume, rate of delivery, duration of any event, and the method of compensation. Compensation shall be based on either of the following methods. (1) An exchange of a like volume of water to be repaid in p a sr.f:sequent time period which is mutually agreed upon at the time of activation, or (2) Payment within 30 days of billing, on a unit cost per 1000 gallons at a rate c' which does not exceed either parties' then current wholesale treated water costs or official rates. Pf 'L7 J