25B - AGMT ORANGE COUNTY WATER - Laserfiche WebLink

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JDK:bc: 10/10/88 using Project Water in lieu of groundwater, RETAILER shall sell Project Water to each Groundwater Customer at a rate equal to the variable groundwater production cost, including any Replenishment Assessment and additional Replenishment Assessment imposed by OCWD pursuant to Sections 27 and 27.1 of the OCWD Act, as shown in the most recent OCWD Engineer's Report prepared pursuant to Section 31.5(a) of the OCWD Act. 6.3 RETAILER shall read the Project Water meter for each Groundwater Customer at the same time during each sixty (60) day cycle, and shall perform the same customer service functions for Groundwater Customers that RETAILER performs for Project Customers pursuant to paragraph 4.3 hereinabove. 6.4 Within sixty (60) days after reading the meters of Groundwater Customers as set forth in paragraph 6.3 hereinabove, RETAILER shall forward to OCWD a statement indicating, for each Groundwater Customer, the current meter reading, the previous meter reading, and the total quantity of Project Water delivered and sold to RETAILER for resale to such Groundwater Customer during the billing period, together with payment for the Project Water purchased by all Groundwater Customers during the preceding month. The payments to be made by RETAILER to OCWD herein shall comprise the amounts actually owed by each Groundwater Customer to RETAILER, less a sum representing ten dollars ($10.00) for each acre foot of Project Water purchased by the Groundwater Customers from RETAILER. Commencing in the year in which Project Water deliveries commence under this Agreement, the 25B,2i3 EXHIBIT 1