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<br />, <br /> <br />. <br /> <br />REQUEST FOR CITY COUNCIL AGENDA ITEM <br /> <br />Appropriation <br /> <br />Requested By: <br /> <br /> <br />Source of Funds: NtA <br /> <br />Agenda Date Requested: <br /> <br />Account Number: NtA <br /> <br />Department: Planninl! <br /> <br />Amount Budgeted: Nt A <br /> <br />Report: _Resolution: _Ordinance:...x.. <br /> <br />Amount Requested: <br /> <br />Exhibits: <br />1. Ordinance <br />2. Water Service Agreement Extension <br /> <br />Budgeted Item: _YES -LNO <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />Summarv: <br /> <br />The City is in the process of reviewing current utility service agreements with its industrial district customers to <br />detennine which agreements have expired or are due to expire within the coming months. <br /> <br />The Lubrizol Corporation has an Industrial District Agreement (IDA) with the City that is valid through December 31, <br />2007. However, the tenn of its current Water Service Agreement (WSA) with the City expires on November 13, 2005. <br /> <br />It is the City's desire to create concurrent tenns for both of the agreements. In order to achieve this, renewal of <br />Lubrizol's WSA will be considered at the time of its IDA renewal in January of 2008. It is anticipated that each <br />agreement will share the same seven (7) year tenn depending on the City's ability to continue to supply water. <br /> <br />Staff has contacted the Lubrizol Corporation regarding extending the current tenn of its WSA. The Lubrizol <br />Corporation has responded favorably and has signed an agreement to extend its current WSA through December 31, <br />2007. <br /> <br />Recommendation: <br /> <br />Staff reconunends approval of an ordinance to extend the current tenn of Lubrizol Corporation's Water Service <br />Agreement through December 31, 2007. <br /> <br />Action Required of Council: <br /> <br />Consider approval of an ordinance authorizing the City Manager to enter into an agreement with the Lubrizol <br />Corporation to extend the tenns of its current Water Service Agreement through December 31, 2007. <br /> <br />Aoproved for City Council Al!enda <br /> <br /> <br />d-u-04 <br /> <br />Date <br />