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HomeMy WebLinkAboutFort Worth Agreement for Water Service and Final Adoption Schedules June 28, 2010 Voting Members and Alternates Wholesale Customer Advisory Committee Re: Agreement for Water Service and Final Adoption Schedules Enclosed please find the final draft of the revised Agreement for Water Service. Since my last letter we have met with a group of Customers and made two significant changes: Street Rental – Definition 1.25 establishes the Street Rental percentage at 5%. Street Rental can only be increased one percentage point every five years beginning in 2016 and shall never be increased to exceed the percentage charged to the natural gas franchised utility in Fort Worth or Fort Worth Retail customers, whichever is less. Street Rental will also not be charged on PILOT. Transfers from General Fund – In Section 6.1.2 we struck from the list of items included in System Cost “any lawfully imposed transfers from the General Fund” and instead specifically listed Street Rental and Payment in Lieu of Taxes. We believe these changes have substantially addressed the concerns of a number of Customers. Three copies of the final Agreement are enclosed along with a redline copy showing the changes discussed above. As shown in the attached redline of the agreement, showing changes from the draft that was sent to you on June 11, 2010, we have included several other clean-up changes. We updated the table of contents, added two missing “§” symbols in 2.6; added “including pipelines” to clarify a question about the term “special facilities” in § 3.3; and changed the termination date from September “31” to September 30 in Article 9. We would like for all Customers to take the Agreement to their Governing Bodies in July. We need to have them approved by July 31 so that we may proceed with approval by the Fort Worth City Council. Please contact Skipper Shook at 817-392-8402 or by email at Robert.Shook@fortworthgov.org with your expected Approval Date. Once your Governing Body has approved, please return the three executed copies to him at Water Department, 1000 Throckmorton, Fort Worth, TX 76102. June 9, 2010 Page 2 Please feel free to call me at 817-392-8246, and thank you for your continued work on this process. Yours truly, S. Frank Crumb, P.E. Water Director, City of Fort Worth Cc: Fernando Costa, Assistant City Manager