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13-PARIS GENERATION LP (PGEN) WATER SERVICE AGREEMENT
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13-PARIS GENERATION LP (PGEN) WATER SERVICE AGREEMENT
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STATE OF TEXAS <br />COUNTY OF LAMAR <br />§ <br />§ KNOW ALL MEN BY THESE PRESENTS <br />§ <br />WATER SERVICE AGREEMENT <br />This Water Service Agreement (this, "Agreement"), is made and entered into <br />this day of , 2013, by and befinreen the City of Paris, a home rule <br />municipal corporation located in Lamar County, Texas ("CITY") and Paris Generation, LP, <br />a Texas Limited Partnership, with its principle place of business located at 301 Lake <br />Crook Road, Lamar County, Texas ("PGEN"). CITY and PGEN may be referred to <br />herein individually as a"Party" and collectively as the "Parties". <br />WHEREAS, the CITY pursuant to Resolution No. 2006-032, adopted by the City <br />Council of the City of Paris, Texas on February 27, 2006, approved the assignment of <br />that certain WATER SERVICE CONTRACT (the "Assigned Contract"), dated December <br />12, 2005, between CITY and Tenaska III, Texas Partners, Ltd., to Direct Energy, LP <br />("DIRECT ENERGY"); <br />WHEREAS, CITY and DIRECT ENERGY intended to enter into a new Water <br />Service Contract (the "Intended Agreement") to replace the Assigned Contract and in <br />conjunction therewith DIRECT ENERGY desired that the Intended Agreement be <br />between its affiliate, PGEN and CITY, and whereby CITY would sell and supply and <br />PGEN would receive and pay for potable water for use at PGEN'S co-generation plant <br />(the "Plant") located within the city limits of the City of Paris, Texas; <br />WHEREAS, CITY and PGEN desire to enter into this Agreement to replace the <br />Assigned Agreement and the Intended Agreement and to more accurately reflect the <br />needs and demands of PGEN for a supply of water and CITY'S provision of said water <br />and to also implement a revised methodology for assessing rates charged to PGEN for <br />receipt of said water; and <br />WHEREAS, CITY and PGEN agree that this Agreement is in the best interest of <br />the Parties and concur that the terms, conditions and considerations stated herein are <br />fair, just and reasonable and will mutually benefit the Parties and serve the public <br />interest <br />NOW, THEREFORE, in consideration of the foregoing premises and other good <br />and valuable consideration, the receipt and sufficiency of which is hereby <br />acknowledged, the Parties, intending to be legally bound, hereby agree as follows: <br />�* <br />. <br />
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