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Res 2013-019/LCRA Participation Agreement w/Thomas C. Ferguson
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Res 2013-019/LCRA Participation Agreement w/Thomas C. Ferguson
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Last modified
4/3/2014 11:18:48 AM
Creation date
1/28/2013 2:51:22 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2013-19
Date
1/15/2013
Volume Book
196
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LGLAL <br />RNMY -COMMUNRY <br />TABLE OF CONTENTS <br />RECITALS 3 <br />ARTICLE1. DEFINITIONS .......................................................................... ..............................3 <br />ARTICLE2. TERM ........................................................................................ ..............................6 <br />ARTICLE 3. OWNERSHIP INTEREST ..................................................... ..............................6 <br />ARTICLE 4. RIGHTS AND RESPONSIBILITIES ................................... ..............................6 <br />ARTICLE 5. REVENUES AND PAYMENT ............................................... ..............................7 <br />ARTICLE 6. INSPECTION, REPORTING AND AUDIT RIGHTS ......... ..............................9 <br />ARTICLE 7. COMPLIANCE WITH LAWS AND GOVERNMENTAL APPROVALS.... 10 <br />ARTICLE8. TAXES ...................................................................................... .............................10 <br />ARTICLE 9. THIRD PARTY LIABILITIES .............................................. .............................11 <br />ARTICLE 10. WINDUP PROCEDURES .................................................... ...............:.............11 <br />ARTICLE11. ASSIGNMENT ...................................................................... .............................11 <br />ARTICLE 12. COVENANTS OF GOOD FAITH AND FAIR DEALING AND PRUDENT <br />UTILITYPRACTICES ........................................................................... .............................13 <br />ARTICLE 13. EVENTS OF DEFAULT; REMEDIES; TERMINATION FOR <br />CONVENIENCE...................................................................................... .............................13 <br />ARTICLE 14. DISPUTE RESOLUTION .................................................... .............................16 <br />ARTICLE 15. LIMITATION OF LIABILITY ........................................... .............................17 <br />ARTICLE 16. FORCE MAJEURE .............................................................. .............................17 <br />ARTICLE 17. MISCELLANEOUS PROVISIONS .................................... .............................18 <br />Exhibit A: Participation Share Calculation <br />Exhibit B: Facility Information <br />Exhibit C: Project Budget <br />Exhibit D: Operating Projections <br />Exhibit E: Insurance Plan <br />Exhibit F: Electronic Funds Transfer Information <br />Participation Agreement between <br />Lower Colorado River Authority Page 2 of 26 <br />and City of San Marcos g <br />
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