09-01-1987 Meeting - Laserfiche WebLink

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r • • CITY OF HOUSTON Post Office Box 1562 Houston, Texas 77251 Kathryn J. Whitmire, Mayor CrtY COUNCIL MEMBERS: Laity McKoskle • Ernest McGowan. Sr. • George Greanbs • Rodney HIIs • kook O. Mancuso • John G. Goodner • Ctuistln Hartung Dale M. Gorczynski • Ben L Reyes • Jim Wesimorebnd • Eleanor Tinsley' Jim Greenwood • Anthony W. HaI1. Jr. ~ Judson Rabkuon, Jr. • CITY CAhRROLLER: Lance Lakx August 24, 1987 Mr. Robert T. Herrera City Manager City of LaPorte, Texas P.O. Box 1115 LaPorte, Texas 77571 Subject: Capital Cost Sharing Project Contract Southeast Water Purification Plant LaPorte Area Water Authority Dear Mr. Herrera: . In response to our August 3.3, 3.987.. 7neetinq and yoar • Setter c3at~d August 14, t3ie -follo~inq n;aterials are #nrwarded to' you: 1. Comments on your April 9, 1987 draft contract prepared by Bill Beauchamp of the City's Legal Department. 2. A projected "cash flow" for future payments of the capital __ ._. cast of the Southeast Plant, based on our most current estimates .- _. of costs, and assuming an initial payment on or October 1, 1987. 3. An updated summary of capital costs for the project. Please note that Mr. Beauchamp's proposed changes address the issue of the Point of Delivery" (the intersection of the east plant boundary and the northern boundary of the CWA right-of-way) and one of the three payment options previously discussed. You should further explore your distribution line alignment with the Coastal Water Authority to assure that this point of delivery is consistent with their current requirements. While the three payment options presented in previous contract drafts remain viable, I believe that the method proposed in Mr. Beauchamp's material offers significant benefits to both parties at this time.