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Ordinance No. 6,017910926 -16 ORDINANCE NO. 6017 AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION OF AN AMENDMENT TO THE WHOLESALE WATER SUPPLY CONTRACT BETWEEN HARRIS COUNTY FRESH WATER SUPPLY DISTRICT NO. 27 AND BAYTOWN AREA WATER AUTHORITY; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby approves and authorizes the execution of an amendment to the wholesale water supply contract between Harris County Fresh Water Supply District No. 27 and Baytown Area Water Authority. A copy of the above referred to amendment is attached hereto, marked Exhibit "A," and made a part hereof for all intents and purposes. Section 2: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown, this the 26th day of September, 1991. ATTEST: EILEEN P. HALL# City Clerk J eaSNACIO RAMIREZ, ., City Attorney C:1:73:7 SECOND AMENDMENT TO THE WHOLESALE WATER SUPPLY CONTRACT (TREATED WATER) BY AND BETWEEN THE BAYTOWN AREA WATER AUTHORITY AND THE HARRIS COUNTY FRESH WATER SUPPLY DISTRICT 127 THE STATE OF TEXAS S COUNTY OF HARRIS This Second Amendment (^'Amendment") to that certain "Wholesale Water Supply Contract, "Treated Water" between the Baytown Area Water Authority and the Harris County Fresh Water Supply District #27 dated February 1, 1983, and amended November 1, 1984, is made by and between the same parties on the date hereinafter last specified. WITNESSETH WHEREAS, the Baytown Area Water Authority ( "Seller") and Harris County Fresh Water Supply District #27 ( "Buyer") did enter into a Wholesale Water Supply Contract, Treated Water on February 1, 1983, and amended on November 1, 1984, ( "Contract"); and WHEREAS, the Seller and the Buyer now desire to make provisions for the connection of Buyer's water systems and the use of certain storage facilities for treated water by Buyer; NOW THEREFORE, for and in consideration of the premises and the mutual covenants and agreements herein contained, the parties hereto do hereby mutually agree as follows: EXHI& s A I Unless a different meaning clearly appears from the context, words and phrases as used in this Amendment shall have the same meaning as in the Contract. II The provisions of Article III of the Contract are hereby repealed, and a new Article III is hereby inserted in its entirety as follows: Article III Rate and Prices 3.1 As a contribution to the capital investment for ground storage facilities of the Seller and in consideration for connection of Buyer's water system, Buyer shall pay to Seller $15,000.00. In addition thereto Buyer shall pay to the City of Baytown $50,000.00 as a capital buy -in fee for elevated storage capacity. 3.2 Payment of the above described capital buy -in fees and connection fee shall be made to Seller at Seller's address, and Seller shall forward the appropriate amount due to the City of Baytown. Buyer shall pay to Seller the sum of the above described fees, being $65,000.00, with interest from October 1, 1991, at the rate of 5.00% per annum until paid. Principal and interest shall be payable in monthly installments of Six hundred eighty -nine and 43/100 dollars ($689.43) commencing on the 1st day of November 1991, and continuing on the first day of each month thereafter until October 1, 2001, on which last mentioned date the entire unpaid balance of principal and interest then - 2 - owing shall become immediately due and payable. The interest shall be paid monthly by apportioning for that purpose out of each monthly payment when made, a sum sufficient to pay said interest; interest to be computed on the unpaid principal balance at the beginning of each monthly interval; the balance of the monthly payments after such apportionment to interest, shall be credited on the principal thereof. 3.3 Failure to pay any installment as required, shall at the election of the Seller, mature all of the principal without notice, and all of the principal, and then accrued interest shall at once become due and payable. Furthermore, such failure to pay any installment shall be a breach of this contract and entitle Seller to terminate any and all of its obligations under this contract. The Buyer reserves the right to prepay the balance of the amount due at any time without prepayment penalty. The amount required under this section is in addition to the charge for the water purchased by Buyer under this contract. 3.4 All water sold and delivered by Seller to Buyer for which Buyer is obligated to pay for hereunder shall be sold to Buyer from Seller at the rate of $1.10 per 1000 gallons of water utilized by Buyer. 3.5 Additionally, Buyer understands and agrees that Seller may at any time, by order duly enacted, increase or change the price or prices for treated water as set forth in Section 3.4; provided, however, that except where an independent rate analysis conducted by a qualified concern indicates that a certain rate increase is required, the price or prices for treated water shall - 3 - not be increased percentagewise to Buyer during any 12 -month period of this contract in excess of the percentage rate increase in Seller's water rates to other purchasers of treated water during the same period. 3.6 The total price or charge to Buyer for water hereunder shall be the price or prices for water referred to in Sections 3.4 and 3.5 above. III The provisions of the Second Amendment and the provisions of the Contract should be read together and construed as one agreement provided that, in the event of any conflict or inconsistency between the provisions of this Second Amendment and the provisions of the Contract, the provisions of this Second Amendment shall control. IN WITNESS WHEREOF, the parties hereto have executed this Amendment in multiple copies, each of which shall constitute buy one and the same Amendment, this the day of 1991, the date of execution by the President of the Baytown Area Water Authority. ATTEST: Secretary BAYTOWN AREA WATER AUTHORITY By President - 4 - ATTEST: ecretary 5:5:19:9 HARRIS COUNTY FRESH WATER SUPPLY DISTRICT 127 By President {SEAL} - 5 -