25B - AGMT ORANGE COUNTY WATER - Laserfiche WebLink

Home Browse Search

JDK:bc: 10/10/88 costs of groundwater production as listed in the most recent OCWD Engineer's Report prepared pursuant to Section 31.5(a) of the OCWD Act, plus the replenishment assessment imposed by OCWD pursuant to the authority contained in Section 27 of the OCWD Act, and any additional replenishment assessments which may be imposed by OCWD pursuant to the authority contained in Section 27.1 of the OCWD Act, which replenishment assessments and additional replenishment assessments are established in April of each year but do not become effective until the following July of each year. The parties mutually recognize and agree that the area groundwater cost may change each year during the term of this Agreement, as a function of changes in the cost of operation and maintenance, energy, the replenishment assessment levied by OCWD, and the levy of any additional replenishment assessment by OCWD. 2.6 The governing body of RETAILER shall establish the rate for the resale of Project Water to each Project Customer, in an amount not to exceed eighty percent (80%) of the "potable water" rate established by RETAILER. 2.7 RETAILER shall read the Project Water meter for each Project Customer on a sixty (60) day cycle. The Project Water meter reading date shall coincide with RETAILER'S reading of the meter which measures the quantity of potable water delivered by RETAILER to the Project Customer that month. Within sixty (60) days thereafter, RETAILER shall transmit to OCWD a statement setting forth the Project Water rate established by RETAILER pursuant to paragraph 2.6 during 25813 EXHIBIT 1