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1985-028-RES WHEREAS, the City of Paris and Lamar County Water Supply District, hereinafter referred to as LCWSD,
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1985-028-RES WHEREAS, the City of Paris and Lamar County Water Supply District, hereinafter referred to as LCWSD,
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8/18/2006 4:34:51 PM
Creation date
6/2/2005 2:04:57 PM
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CITY CLERK
Doc Name
1985
Doc Type
Resolution
CITY CLERK - Date
4/15/1985
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<br />_.-~..... ~. <br /> <br />2. LCWSD will have the right to treat such <br /> <br /> <br />water itself if the City does not agree to do so <br /> <br /> <br />ac an annual cost as set out in paragraph I above. <br /> <br /> <br />3. For raw water taken which is delivered <br /> <br /> <br />to the City for treatment or which is not treated <br /> <br /> <br />by the City, LCWSD will pay the City its Pat Mayse <br /> <br /> <br />storage costs including applicable debt service <br /> <br /> <br />therefor plus 6.5%. <br /> <br /> <br />4. Raw water may be purchased by LCWSD in <br /> <br /> <br />the least increments permissible by the U.S. Corps <br /> <br /> <br />of Engineers or its successor, if any, in the <br /> <br /> <br />operation of Pat Mayse Reservoir. <br /> <br /> <br />5. The Debt Service for such water will <br /> <br /> <br />include all interest accrued for the increment <br /> <br /> <br />purchased, the incremental original construction <br /> <br /> <br />costs and interest thereon. The amortization of <br /> <br /> <br />accrued interest and original construction cost <br /> <br /> <br />shall be completed on/or before the expiration of <br /> <br /> <br />this contract. <br /> <br />V. <br />CHARGE FOR TREATED WATER DELIVERED TO LCWSD <br />A. This water will be charged by the City to <br />LCWSD and LCWSD will pay to the City the following: <br />1. A capital recovery charge will be made <br />by City in the sum the annual Water Production <br /> <br />10 <br />
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