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R2001-199 AUTHORIZING AGREEMENT
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R2001-199 AUTHORIZING AGREEMENT
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1/21/2016 1:29:39 PM
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1/21/2016 1:29:37 PM
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Resolution/Ordinance
Res Ord Num
R2001-199
Res Ord Title
AUTHORIZING AGREEMENT - ARCHER-DANIELS-MIDLAND COMPANY - NORTH WATER TREATMENT PLANT
Approved Date
11/5/2001
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that amount of water taken from the Lake less that amount of water returned to the Lake, for any <br /> given billing period, as measured by the meters installed pursuant to Section 3 of this <br /> Agreement. The City and ADM agree to implement reasonable alternate billing procedures <br /> during periods of flooding or other events that disrupt normal metering. The City's initial rate <br /> for raw water sold to ADM under this Agreement shall be $0.35 per 1,000 gallons. Any increase <br /> or decrease in this rate shall be of the same percentage as any increase or decrease in annual <br /> operation and maintenance expense ("O & M") of the City respecting Lake Decatur. However, <br /> no increase ar decrease may exceed the annual increase or decrease in the Consumer Price Index <br /> for All Urban Customers for Chicago for the comparable year. The City will bill ADM monthly <br /> for raw water provided under this Agreement. All bills will be due and payable thirty (30) days <br /> after their date. In the event ADM fails to make payment when due, ADM shall pay a late <br /> payment charge of one and one-half percent (1 1/2%) per month. In addition, upon five (5) days <br /> actual notice or eight (8) days mailed notice, the City may disconnect the raw water supply for <br /> nonpayment and make a charge as determined by the City Council for disconnection and <br /> reconnection. <br /> 9. Lake Improvement. In the event that the City determines to enhance or restore <br /> the available capacity of Lake Decatur, whether by dredging, by supplemental pipeline supply or <br /> by other means, ADM shall pay its pro rata share of the cost of such work which share shall be ' <br /> calculated as follows: ADM's share shall be calculated as a ratio whose numerator shall be the �' <br /> total of ADM's average daily withdrawal from the Lake plus ADM's average daily take of I <br /> potable water from the City and whose denominator is the total of ADM's average daily � <br /> withdrawal from the Lake plus the City's average daily withdrawal from the Lake. In all events, <br /> the numerator and denominator shall be measured based on average daily withdrawal during the <br /> 6 <br />
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