Laserfiche WebLink
AMENDMENT TERMS AND CONDITIONS <br /> NOW, THEREFORE, in consideration of the mutual covenants, obligations, and benefits <br /> hereunder, the Parties agree the Cost Sharing Agreement shall be amended as set forth <br /> in this Amendment No. 3, including the following: <br /> 1. The facts and recitations contained in the Recitals set forth above are found and <br /> declared to be true and correct and are incorporated into this Amendment. <br /> 2. The first paragraph of the Original Agreement, as previously amended, shall be <br /> amended to add Sedona MUD No. 1 and Sedona MUD No. 2. <br /> 3. The fourth paragraph of the Original Agreement shall be amended to replace <br /> "Sedona Municipal Utility District" with Sedona Municipal Utility District No. 1 <br /> and Sedona Municipal Utility District No. 2. <br /> 4. Exhibit D to Amendment No. 1 is hereby amended as attached to adjust the <br /> Developers' absorption schedules. <br /> 5. Exhibit E to Amendment No. 1 is hereby amended as attached to adjust the <br /> Developers' payment schedules. <br /> 6. Upon the execution of this Amendment 3 by all parties hereto Mulberry shall be <br /> released from the Agreement and shall have no further rights, duties, obligations, <br /> or liabilities under the Agreement. <br /> ARTICLE I DEFINITIONS <br /> The following definition shall be deleted in its entirety and replaced with the <br /> following language. <br /> 21. "LUE Fee" shall mean: (i) the $8,300 per LUE used to calculate the Jones and, <br /> Rattler 2025 payments; (ii) the $7,550 per LUE used to calculate the JLBC 2025 <br /> payment; (III) the $8,600 per LUE that Jones and Rattler agree to pay, or cause to <br /> be paid, to the City in 2026 and subsequent years in accordance to the Payment <br /> Schedule (as hereinafter defined"; (iv) the $8,300 per LUE Fee that Mason and <br /> Cottonwood agree to pay, or cause to be paid, to the City in accordance with the <br /> Payment Schedule; (v)the$8,500 per LUE Fee that Mulberry agree to pay, or cause <br /> to be paid,to the City in accordance with the Payment Schedule; and(vi)the$7,700 <br /> per LUE that JLBC agrees to pay, or cause to be paid, to the City in accordance <br /> with the Payment Schedule. The LUE Fees shall be the only fees required by the <br /> City to be paid for a unit to be connected to the Facilities, except for new account <br /> Amendment No. 3- Regional Wastewater Services & Facilities Cost Sharing Agreement Res. 2026-XXR <br /> Page 2 of 21 <br />