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O-2000-2421
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O-2000-2421
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Last modified
11/2/2016 3:39:05 PM
Creation date
7/27/2006 10:25:39 AM
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Legislative Records
Legislative Type
Ordinance
Date
7/24/2000
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<br />e <br /> <br />e <br /> <br />SECTION 2. Article II, Section 2.01 is hereby amended to read as follows, to-wit: <br /> <br />"Section 2.01 With the full cooperation of the City (and the other <br /> <br />Participants) the Authority agrees to purchase an initial Demand Allocation Factor of <br /> <br />6.5% and an initial Pumping Allocation Factor of 4.875% in the Southeast Plant, in <br /> <br />accordance with the Houston Contract, attached hereto as Exhibit "AD. Each <br /> <br />Participant's share of the initial Demand Allocation Factor and initial Pumping <br /> <br />Allocation Factor are set forth below opposite the name of each party. <br /> <br /> % SHARE SHARE % SHARE SHARE <br />PARTICIPANT OF IDAF* OF IDAF* OF IPAF** OF IPAF** <br />City of La Porte 88.78% 5.77% 88,78% 4.33% <br />City of Shoreacres 4.17% 0.27% 4.17% 0.20% <br />City of Morgan's Point 7.05% 0.46% 7.05% 0.34% <br /> <br />* lOAF -Initial Demand Allocation Factor <br />** IPAF - Initial Pumping Allocation Factor <br /> <br />The above percentages, applied to the lOAF of 120 MGO and the IPAF of 200 <br />MGO, calculate as follows: <br /> <br /> Gallons Gallons <br />PARTICIPANT of lOAF of IPAF <br />City of La Porte 6,925,000 8,656,250 <br />City of Shoreacres 325,000 406,250 <br />City of Morgan's Point 550.000 687.500 <br />Total for Authority 7,800,000 9,750,000" <br /> <br />SECTION 3. Section 2.03 of the Contract is hereby amended to read as follows, to-wit: <br /> <br />"Section 2.03 The pro rata share of each Participant in the actual <br /> <br />construction cost of the Transmission System and the Distribution System is as <br /> <br />follows: <br /> <br />City of La Porte <br />City of Morgan's Point <br />City of Shoreacres <br /> <br />80.30% <br />11.70% <br />8.0% <br /> <br />6 <br />
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