25C - AGMT - WATER PURCHASE ORDER

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11/18/2014 Board Meeting 8 -1 Attachment 3, Page 1 of 4 § 4120. Purchase Order; Purchase Order Commitment. "Purchase Order" shall mean a member agency's written commitment to purchase a specified total volume of water from the District during a specified period, as provided in Section 4404. and "Purchase Order Commitment" shall mean ° but net ..InAe— E), deliveries undef the Ptne ass Order ee ,._mitt. ent the amount of system water a member agency commits to purchase over the term of the Purchase Order. M. I.44812 - March 12,2002; amended by M. I.45249 - March 11, 2003. § 4122. Base Diem- Period Demand; I„ Revised Base Firm Demand; Initial Base Firm Demand. "Base Finn Period Demand" shall mean the amount specified in a member agency's Purchase Order, that is either: the greatef of the member agency's Initial-Revised Base Firm Demand, as specified in this Section: or b) the member agency's highest fiscal year purchases from fiscal year 2003 through 2014: provided, however, that if et-b) -the member agency's teofive- fiscal year rolling average of deliver-ies-purchases of water from the District for the most recent ten -five fiscal year period, excluding, o in either ease; water purchased under an interruptible program. exceeds the member agency's initial Base Period Demand then the member agency's Base Period Demand for each subsequent calendar year shall be increased to the member agency's five -fiscal year rolling age_ , "Initial Base Firm Demand" shall mean the member agency's highest annual delivery of water from the District, excluding water delivered under Long -Term Seasonal Storage Service, Interruptible Service, and Interim Agricultural Water Program Service, during any fiscal year from fiscal year 1989/90 through fiscal year 2001/02. 25C -19 - e _ ■ _ ■ 25C -19