HomeMy WebLinkAboutFort Worth Contract No. 4947 Agreement for Water Service 1964 with Amendment 1987 (2)FIRST AMENDMENT TO CITY SECRETARY CONTRACT N0. 4947
This Agreement entered into this 28th day of ~e~ mhPr 1987, by and
between the City of Fort Worth and City of North Richland Hills.
WHEREAS, the City of Fort Worth and City of North Richland Hills entered into
a contract for water service dated March 19, 1964, same being City of Fort Worth
City Secretary Contract No. 4947;
and
WHEREAS, the City of Fort Worth and City of North Richland Hills are desirous
of amending said City of Fort Worth Secretary Contract Number 4947;
NOW, THEREFORE, the City of Fort Worth and City of North Richland Hills agree as
follows:
1.
Paragraph 5, Section 3(b), is hereby amended and, after having been so amended,
shall read as follows:
"b. Commodity Charge and Rates of Use Charge.
"Except for fiscal year 1987-1988, the rate shall be reviewed and
adjusted every five (5) years beginning in fiscal year 1988-1989. The cost
related to the production and transmission function of distributing treated
water to the Fort Worth city limits in wholesale quantities plus a service
charge shall be determined in accordance with the methods herein. Such costs
shall be projected through the City of Fort Worth fiscal year 1991 to establish
the fair rate for water to be charged during the period October 1, 1988, to
September 30, 1993. The adjusted rate shall be made effective October 1, 1988.
A similar review and rate adjustment shall be made for each succeeding five
year period for the term of this contract. For the rates for the five (5)
years beginning 1988-1989, the Touche Ross study dated September, 1987, and
computer model included therewith shall be used by Fort Worth to project the
rates to be charged for said five (5) year period.
"For the period October 1, 1987, to September 30, 1988, the
rates indicated and the detail methodology used in the study conducted by
Touche Ross & Co., dated September 1, 1987, will be adopted."
2.
Every other term, condition and/or covenant contained in City of Fort Worth
City Secretary Contract Number 4947 not amended hereby shall be unaffected hereby
and shall continue in full force and effect.
ATTE
Cit
APPROVED AS TO FORM AND LEGALITY:
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//~ amity At rney
Date: ~1- ~ ~jZ
ATTEST:
C" Secretary
APPROVED AS TO FORM AND LEGALITY,:
CITY OF FORT WORTH
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BY:
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Cantract Authorization
Data
CITY OF NORTH RICHLAND HILLS
By:
Date: `% .~,)^~,~
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ORDINANCE N0. 1491
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF NORTH RICHLAND
HILLS, TEXAS, that:
1.
The Mayor be, and is hereby, authorized to execute the attached
document entitled "First Amendment to City Secretary Contract No. 4947" as
the act and deed of this City.
PASSED AND APPROVED this 28th day of September, 1987.
Mayor
ATTEST:
C' y Secretary
APPROVED AS TO FORM AND LEGALITY:
rney for