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Section 6. That the allocation of the readiness -to -serve charge among member <br />agencies set forth in Section 5 above is consistent with the per -acre-foot water rates imposed pursuant <br />to Section 3 above, <br />Section 7. That. it is the intent of the Board that water conveyed through <br />Metropolitan's system for the purposes of water transfers, exchanges or other similar arrangements <br />shall be included in the calculation .of a member agency's rolling ten-year average firm demands used <br />to allocate the readiness -to -serve charge. <br />Section 8. That the readiness -to -serve charge and the amount applicable to each <br />electing member public agency, the method of its calculation, and the specific data used in its <br />determination are as specified in the General Manager's recommendation on rates and .charges to be <br />effective January 1, 2009, which forms the basis of the readiness -to -serve charge. Such <br />recommendation is on file and available for review by interested parties at Metropolitan's <br />headquarters. <br />Section 9. That except as provided in Section 15 below with respect to any <br />readiness -to -serve charge collected by means of Metropolitan water standby charge, the readiness - <br />to -serve charge shall be due monthly, quarterly or semiannually as agreed upon by Metropolitan and <br />the member agency, <br />Section 10. That such readiness -to -serve charge may, at the request of any member <br />agency which elected to utilize Metropolitan's standby charge as a mechanism for collecting its <br />readiness -to -serve charge obligation in FY 1996/97, be collected by continuing the Metropolitan' <br />water standby charge at the same rates imposed in FY 1996/97 upon land within Metropolitan's (and <br />such member public agency's) service area to which water is made available by Metropolitan for any <br />purpose, whether such water is used or not, <br />Section 11. That the proposed water standby charge, if imposed, shall be collected . <br />on the tax rolls, together with the ad valorem property taxes which are levied by Metropolitan for the <br />payment of pre-1978 voter -approved indebtedness. Any amounts so collected shall be applied as a <br />credit against the applicable member agency's obligation to pay a readiness -to -serve charge. After <br />such member agency's readiness -to -serve charge. allocation is fully satisfied, any additional <br />collections shall be credited to other outstanding obligations of such member agency to Metropolitan <br />or future readiness -to -serve obligations of such agency. Notwithstanding the provisions of Section 10 <br />above, any member agency requesting to have all or a portion of its readiness -to -serve charge - <br />obligation collected through standby charge levies within its territory as provided herein shall pay any <br />portion not collected through net standby charge collections to Metropolitan within 50 days after . <br />Metropolitan issues an invoice for remaining readiness -to -serve charges to such member agency, as <br />provided in Administrative Code Section 4507, <br />Section 12. That on February 11, 2008, the Business and Finance Committee of <br />Metropolitan's Board conducted a public hearing at which interested parties were afforded the <br />opportunity to present their views regarding the readiness -to -serve charge in accordance with Section <br />4304(c) of Metropolitan's Administrative Code. <br />Section 13. That no failure to collect, and no delay in collecting, any standby <br />charges shall excuse or delay payment of any portion of the readiness -to -serve charge when due. All <br />amounts collected as water standby charges shall be applied solely as credits to the readiness -to -serve <br />charge of the applicable member agency, with any excess collections being carried forward and <br />credited against other outstanding obligations of such member agency to Metropolitan. <br />5 <br />