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HomeMy WebLinkAboutContracts & Agreements_19-1967 A G R E E M E N T THIS AGREEMENT, executed by and between the City of Redlands, herein- after called "City" and the Redlands Heights Water Company, hereinafter called "Company" is entered into this First•, day of August , 1967. R. EC 1 T A L S 1 The Company desires to relieve itself of the burden of maintaining pipelines in many areas where the usage is not sufficient to warrant large expenditures for such maintenance. 2. The City, being a substantial stockholder in the Company, deems it in the public interest to assist in the discontinuation of as many unnecessary and little used pipelines as possible. 3. Many of the Company's points of delivery may be served from the City's domestic water system. 4 The physical means exist for the City to receive water from the Company in exchange for water delivered by the City to Company stockholders. C O V E N A N T S For and in consideration of the mutual covenants set forth herein. Company and City agree as follows- 1. The Company shall determine the size of connection required to serve each stockholder from the city system, and pay for installation of such connections, which shall serve also as the domestic connection to shareholders entitled to receive water service. 2. The Company, at its expense, shall make any connection to the irrigation system from the domestic system of a customer. 3. During irrigation months only, the customer may receive his stock entitlement through the domestic meter and all water thereafter shall be charged by the City at the domestic rates established by City ordinance or resolution. 4. Company agrees to deliver or have delivered to the City, all water entitlement due to any stockholder that is connected to the City's system in accordance with this agreement. All water shall be delivered in potable condition or to a City facility capable of makaxng the water potable. All assessment and service charges for stock entitlement to such water shall be paid by the stockholders. 5. The City shall have the right to 1a_mit the maximum rate of delivery in order to maintain adequate service to domestic consumers. 6. The City shall make the exchange provided herein only for such services and under such circumstances as, an the judgement of the City, will result in the elimination of a substantial portion of the Company's transmission lanes. 7. The Company shall pay the City ten cents (.10) per MID delivered In this manner and a bookkeeping charge of five dollars ($5000) per year per delivery point connected to the City's system. Billing shall be made monthly. 8. The Company shall maintain a service charge for providing service to each point of delivery irrespective of the quantity of water delivered. These charges shall be divided equally among points of delivery of all stock- holders and shall include but not be restricted to. a. Office Expenses. b. Zanjero Expenses. c. Administrative Expenses. d. Bookkeeping charges from the City. e. Taxes. IN WITNESS WHEREOF, the parties have hereunto subscribed their names the day and year hereinabove written. REDLANDS HEIGHTS WATER COMPANY By / Pres' eee,�, Vice Pres'aen� CITY OF REDLANDS r J B ayor