Res 1986-128 - Laserfiche WebLink

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Lower Colorado River Authority Post Office Box 220 Austin,Texas 78767 AC 512 473.3200 July 8, 1986 A. C. Gonzalez City Manager City of San Marcos City Hall 630 East Hopkins San Marcos, Texas 78666 Dear Mr. Gonzalez: This letter confirms the supplemental agreement between the Lower Colorado River Authority (lILCRAII) and the City of San Marcos (IICITY") in connection with the purchase of certain facilities and property by the C ITV from LCRA as follows: 1. In order to provide CITY the opportunity to extend and/or expand its system in an orderly manner, LCRA shall cooperate with the CITY and make any surplus capacity in its existing transmission facilities available to CITY for the purpose of establishing new delivery points. 2. In the event of any disputes arising under this Agreement with respect to LCRA's rate schedule then in effect for service rendered to the CITY, the CITY shall, during the pendency of the dispute, pay LCRA in accor- dance with the rates and charges applied by LCRA in accordance with the Wholesale Power Agreement. Upon final resolution of the matter, LCRA will refund to the CITY any amounts, including interest at the prime rate quoted at the time of refund by the MBank, Austin, N.A., that have been determined to have been incorrectly billed. 3. The provisions of page 10 of Exhibit C to the Wholesale Power Agreement, applicable to City, shall be as stated therein, except: a. The accuracy standard shall be 1% instead of 2%; and b, The period the adjustment will be made in City's bills for the period the inaccuracy existed, if not determinable, shall be one- half of the period, not to exceed six months (instead of three months), since the last pr"evious meter test.