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<br /> G. Annual Adjustment. San Marcos will pay GBRA at its <br /> <br /> office in Guadalupe County, Texas, or such other place as GBRA <br /> may designate in writing, not iater than the twentieth (20th) day <br /> of January Of each year, a dollar amount equal to the stored <br /> water rate times the number of acre-feet of water used in the <br /> previous calendar year which exceeded the Annual Commitment <br /> applicable during that year. <br /> H. Adjustment of Rates. The provisions of this Contract <br /> <br /> pertaining to the rates to be paid by San Marcos for stored water <br /> reserved and supplied may be adjusted by GBRA at any time and <br /> from time to time ïn accordance with the basin-wide rate for <br /> water from reservoir storage. If GBRA desires to adjust the <br /> rates for the water reserved and supplied pursuant to this <br /> Contract, it shall, at least sixty (60) days prior to the first <br /> day on which such adjustment is proposed to become effective, <br /> give written notice of the proposed adjustment to San Marcos. <br /> The rate to be paid for water delivery may be adjusted by <br /> GBRA at any time and from time to time, provided that the basis <br /> for the ::-ate established by GBRA shall be the cost of service <br /> including the debt service requirements which were incurred in <br /> connection with the financing of the water delivery system; the <br /> expenses incurred in the operation and maintenance of the <br /> delivery system including without limitation the expenses of <br /> materials, supplies, power and utilities used in connection with <br /> the system; the expenses of repairs and replacements and <br /> depreciation; the cost of insurance, rentals, licenses, taxes and <br /> all other charges of any nature whatsoever related to the <br /> 6 <br />