1978-08-02 Regular Meeting - Laserfiche WebLink

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• -3- IV. The Parties recognize that the water distribution system in operation by Spenwick is presently not an individually metered system. Therefore, it is agreed that the basis of the charges by City to Spenwick hereunder, shall be 1508 of Spenwick's pro- rata portion, based on metered output, of City's actual total costs of sanitary sewerage treatment. City's actual cost of treatment per thousand gallons shall be determined by taking the total cost of operation, maintenance, and replacement attribut- able thereto, divided by the total gallonage treated. Such cost determination shall be made by City, based upon its most recent •` fiscal year audit, effective the first day of the calendar year immediately following the end of City's fiscal year. It shall be the responsibility of Spenwick to handle all billings and collections from its own customers. City will render its bill to Spenwick on the last business day of each service month, based upon the formula contained in this paragraph, and such bill shall be payable by Spenwick to City, without discount, on or before the 25th day of the following calendar month. Spenwick shall be liable for payment to City based on connections certi- fied to be in service, regardless of whether Spenwick collects the same from its own customers. V. Provisions for Metering - Spenwick will install at its cost, • ~ and City shall operate and maintain as a part of the system, ,the necessary equipment and devices of standard type for properly measuring all sewage discharged into the system. Spenwick shall have access to such metering equipment at all reasonable times for inspection and examination, but the reading, calibration and adjustment thereof shall be done only by employees or agents of City, and Spenwick shall have access to the record books kept by • City at .its office during reasonable business hours.