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09-01-1987 Meeting
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09-01-1987 Meeting
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4/24/2017 3:00:49 PM
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City Meetings
Meeting Body
La Porte Area Water Authority Board
Meeting Doc Type
Minutes
Date
9/1/1987
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• • <br />EWB192 <br />Changes based on La Porte Draft <br />of~ 4/9/87 <br />0 1.04 "Billing Period" means a three (3) month month period <br />ending at 8:00 o'clock A.M. on the first day of October, <br />January, April and July or such other three month periods <br />mutually agreeable to the Director and the Authority. <br />0 1.18 - capitalize "Billing Period" <br />1.20 - capitalize "Billing Period" <br />0 2.02 (iv) ~d7 <br />(f) Houston may enter into appropriate agreements with: the <br />Coastal Water Authority to provide capital financing or <br />construction for the surface water transmission facilites~and <br />for the continued operations and maintenance of the raw <br />surface water transmission facilities portion of the Project. <br />The CWA contract for the construction of ..Line B as depicted on <br />.. - 3:zhibit "C' :awarded :_ in June 1987, :is a ~, record of :CWA <br />and has been reviewed and approved by the Authority. <br />0 2.04 (i) & (ii) - Replace with: <br />i. Authority shall pay to Houston Hundred <br />Thousands and No/100 ($ ) Dollars on or.l~afore <br />thirty (30) days following the date of execution of.this <br />Contract. <br />ii. Houston shall invoice the Authority for payment Qf its <br />share of capital costs at the expiration of each c~tleadar <br />quarter (December, March, June, September)... Each <br />quarterly payment hereunder shall be the amount necessary <br />for the Authority to "catch up" its pro rata contribution <br />under this Contract. ("Catch-up" asp used herein means <br />that the percentage of the pro rata share of estimated <br />Construction Costs paid by the participant equals-`--the <br />,, percentage of the estimated Construction costs paid for <br />1ii21~y~~ ~ ~ ~~-construction of the Project. <br />3.04 There shall be furnished and installed by Authority, as <br />~,,s ~)~~ ~~e~part of the Project. <br />~qo <br />~'`~~- i~ Y o 4.02 (i ) middle of q: ,." ...plus Excess Production and Pumpage <br />.~~{~ s Fees, if applicable... <br />_ - ~ - ; G <br />~~.~.~ < <br />
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