O-2004-2692 - Laserfiche WebLink

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. . REQUEST FOR CITY COUNCIL AGENDA ITEM Appropriation Requested By: 2004 Agenda Date Requested: Source of Funds: N/A Account Number: N/A Department: Planninl! Amount Budgeted: N/A Report: _Resolution: _Ordinance: l Amount Requested: Exhibits: 1. Ordinance 2. Water Service Agreement Extension Budgeted Item: _YES -X-NO SUMMARY & RECOMMENDATION Summarv: The City is in the process of reviewing current utility service agreements with its industrial district customers to determine which agreements have expired or are due to expire within the coming months. Southern 10Dies, Inc. has an Industrial District Agreement (IDA) with the City that is valid through December 31,2007. However, the term of its current Water Service Agreement (WSA) with the City expired on Februmy 9, 2003. It is the City's desire to create concurrent tenus for both of the agreements. In order to achieve this, renewal of Southern 10Dies WSA will be considered at the time of its IDA renewal in January of 2008. It is anticipated that each agreement will share the same seven (7) year term depending on the City's ability to continue to supply water. Staff has contacted Southern 10Dies regarding extending the current term of its WSA. Southern 10Dies has responded favorably and has signed an agreement to extend its current WSA through December 31, 2007. Recommendation: Staff recommends approval of an ordinance to extend the current term of Southern 10Dies, Inc. Water Service Agreement through December 31, 2007. Action Required of Council: Consider approval of an ordinance authorizing the City Manager to enter into an agreement with Southern 10Dies, Inc. to extend the terms of its current Water Service Agreement through December 31,2007. Approved for City Council Al!enda i~~t~ / -& -04 Date