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Baypark Industrial Properties, L.P.has approached the City for water service to its15 acre site located <br />immediately north of its existing facility at 13103 Baypark Road (see Area Map). The company plans to <br />create40full-time positions which will require a total of 2,000 gallons per day for domestic uses only. <br />Council has approved a policy forwater service to companies outside the city limits and within the City’s <br />industrial districts.Per the policy, the company isrequired to execute and maintain an Industrial District <br />Agreement (IDA) with the City.Baypark Industrial Properties, L.P. desires to obtain its water service <br />under the terms of thispolicy. <br />Per the policy’s terms,Baypark Industrial Properties, L.P. will pay one and one-half (1-1/2) times the <br />City’s current utility ratefor water serviceandis subject to a one-time administrative fee associated with <br />its Water Service Agreement (WSA) in the amount of $5,000for which paymenthas subsequently been <br />received. Additionally, the company has executed its part ofthenew Industrial District Agreementfor <br />the site (2007-IDA-126). <br />The terms of the company’sIDA and WSAwill expire on December 31, 2019, plus any renewals and <br />extensions thereof. However, the company’s WSAwill automatically expire at such time as there is no <br />effective Industrial District Agreement between the parties, or, if the City exercises its right of <br />termination. <br />Consider approval or other action ofan ordinance authorizing the Interim City Manager to execute an <br />Industrial District Agreement and a Water Service Agreementwith Baypark Industrial Properties, L.P. <br /> <br />