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HomeMy WebLinkAbout7047RESOLUTION NO. 7047 011MMA-111 My go LANNY1 I 190111004 - - - -- 11----.--------- WHEREAS, the City derives the majority of its water supply from three primary sources: the Santa Ana River, Mill Creek, and groundwater wells, and the right to use surface water sources has been acquired by the City through both direct ownership of water rights and through the ownership of mutual water company stock; and WHEREAS, the City has entered into agreements with local water companies to allow the City to receive water from local mutual water companies on behalf of their shareholders, and as part of these agreements the shareholders are required to pay all assessments and delivery charges; and WHEREAS, the aforementioned arrangement allows the City to minimize its expenses by not having to pay increased assessments on water company stock owned by the City to make costly repairs to its aging systems, and in addition, all unused shareholder entitlement water is delivered to the City at a significantly reduced cost; and WHEREAS, because of this arrangement, the City receives significantly more water than it delivers to the water company shareholders; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redlands as follows: Section 1, The City Council of the City of Redlands hereby authorizes the Mayor, or any Councilmember, to execute agreements to exchange entitlement water substantially in the form hereto as Exhibit "A." I I i Pete "Agui ar, Mayor Sam lhr�wr—in, City - erk 1Acc1erk\Resolutim&,Res 7000-7099\7047 Entitlement Water Agreement,doc 1, Sam Irwin, City Clerk of the City of Redlands, hereby certify that the foregoing resolution was adopted by the City Council at a regular meeting thereof held on the 3rd day of September, 2013 by the following vote: AYES: Councilmembers Harrison, Foster, Gardner, Gilbreath; Mayor Aguilar NOES: None ABSTAIN': None ABSENT: None City Clerk lAcclerk'kResolutions'Res 7000-70919\7047 Entitlement Water Agree ment.doc 2 M This water entitlement exchange agreement ("Agreement") is made and entered into this . .... day of , 201_ ("Effective Date"), by and between the City of Redlands, a municipal corporation ("City") and ("Owner"). City and Owner are sometimes individually referred to herein as a "Party" and, together, as the "Parties." RECITALS WHEREAS, the City and the Water Company have entered into an agreement dated to exchange irrigation water, a copy of which is attached hereto as Exhibit "A;" and WHEREAS, Owner is a shareholder of record of shares of Water Company stock identified as Nos. (the "Shares"); and WHEREAS, Owner wishes to take advantage of the opportunity to receive water from the City's domestic water system in exchange for Owner's assignment of the Shares to the City; NOW, THEREFORE, in consideration of the mutual promises contained herein, the City of Redlands and I agree as follows: Uffilavokyll I. Owner hereby assigns and shall cause all irrigation water entitlement derived from Owner's Shares to be delivered to a City water treatment facility. In exchange, Owner will receive an equal amount of potable water from City through City's domestic water system. 2. Owner shall comply with the provisions of City's agreement with Water Company. 3. City agrees to ftmiish water under the conditions and in the amount indicated in compliance with City's agreement with Water Company. 4. This Agreement constitutes the entire agreement between the Parties regarding the subject matter hereof. Any prior written or verbal agreements or representations respecting the subject matter of this Agreement not expressly set forth herein are null and void. 5. In the event any action is commenced to enforce or interpret the terms conditions of this Agreement the prevailing Party shall, in addition to any costs and other reli be entitled to the recovery of its reasonable attorneys' fees, including fees for use of in-hou counsel by a Party. lAcclerkkResolutions\Res 70W7099N7047 Entitlement Water Agreement.doe 3 6. This Agreement may be amended only by written instrument, executed by the IN WITNESS WIIEREOF, the Parties have executed this Agreement as of the Effective Date. CITY OF DLANDS OWNER BY: BY: Mayor ATTEST: City Clerk L\eclerklResolutmns\Res 7000-7099\7047 Entitlement Alater Agreement,doc 4