Res 1997-109 - Laserfiche WebLink

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" 'F()G ....--. based on payment by GBRA of its actual share, if any, of the Raw Water Delivery System Project Debt Instruments for the initial phase of the Raw Water Delivery System. For budget years following the date on which GBRA fully pays and retires all of the Project Debt Instruments for the Raw Water Delivery System, the rates charged by GBRA to the .City for conveying raw water to the city via the Raw Water Delivery System shall be based solely upon the City's prorata share, based on relative amounts of water pumped and delivered, of the Operation, Maintenance Expenses of the Raw Water Delivery System. Customers of the City and GBRA shall not be entitled to any equity interest in the Raw Water Delivery System for any reason including, without limitation, the payments made to the City or GBRA under this Agreement or under any agreements between either Party and that Party's customers. Section 23. Payments for Water Treatment and Delivery. Rates charged to GBRA for treatment and delivery of treated water, if any, to GBRA at the Point of Delivery shall be set by the City in accordance with accepted rate-making practices and billed on a monthly basis. The City shall be responsible.for the entire Plant Annual Requirement; except, however, that GBRA shall be responsible for any of the following costs incurred by the City: (1) GBRA's pro rata share of the construction of any treatment capacity above the City's 6 MGD that is requested by GBRA as part of the initial phase of the Plant pursuant to Section 4, above; and -- (2) GBRA's incremental share of the construction of any expansion treatment capacity that is requested by GBRA from time to time pursuant to Section 4, above¡ (3) GBRA's pro rata share of the incremental cost of the construction of any expansion treatment capacity that is requested jointy by GBRA and the City from time to time pursuant to Section 4, above; and (4) GBRA's prorata share of the cost of the real estate acquisition of the Plant Site based upon the percentage ownership interest in the Plant held by GBRA. except further, however, that, GBRA shall also be responsible for GBRA's share of the remainder of the Plant Annual Requirement ( "GBRA ' s Share of Remainder of Plant Requirement"). GBRA's Share of Remainder of Plant Requirement for any given period of time shall be based upon the amount of treated water, if any, actually delivered to GBRA at the Point of Delivery during that time period, relative to the total amount of treated water produced by the Plant -16-