Res 1997-109 - Laserfiche WebLink

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FOI?ß G. Annual Adiustment. San l'-'1arcos will pay GBR_~ at its office in Guadalupe County, Texas, or such other place as G3?A may designate ' ....... not later """ the twentieth (20th) day ~n ""r~L.lng, L.nar:. of January of each year, a dollar amount equal to: the stored water rate times the numbe::- of -..... of ""ater used in the acre-reeL. previous calendar year ""hich exceeded the An:1ual Commit;nent applicable during """ , L.naï: year. H. Adiustment of Rates. The p::-ovisions of this Cont::-act pertaining to the rates to be paid by San Marcos for stored water reserved and supplied may be adjusted by GBR.~ at any time and from time to time in accordance with the basin-'..¡ide rate for water f::-om reservoir storage. If GaRA desires to adj u'st the . rates fo::- """ water rese::-ved and sc.pplied pursuant to this L.ne Contract, it shall, at least sixty (óO) days prior to the first day on Tdhich such adjustment is proposed to become effective, give written notice of the proposed adjustment to San Ha::-cos. The rate to be paid for water delivery may be adjusted by GB?.~ at any ...... and f::-om time to'time, provided that -"-no=> basis L.lme .....~ for the rate established by GSRA shall be the cost 0:: ser-"ice including the debt se::-c~'ice requirements "",hich 'dere incur::-ed in connectiort '.-lith the financiDg of the ~':ater delivery system; the expenses incurred in the operation and maintenance of the delivery system including without li::Ü tation the expenses of mate::-ials, supplies, power aDd utilities used in connection ......' ','ll ...n the system; the expenses of repai::-s and replacements and depreciation; the cost of insurance, rentals, licenses, taxes and all other charges of any nature whatsoever related to the PAGE 6 OF 14 OF EXHIBIT 1 6