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R2001-199 AUTHORIZING AGREEMENT
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R2001-199 AUTHORIZING AGREEMENT
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Last modified
1/21/2016 1:29:39 PM
Creation date
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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Legal Department Memorandum 2001-21 <br /> November 1, 2001 <br /> Page Two <br /> actually used, which was the intent of the parties from the beginning, and conditions for <br /> withdrawal of water were modified to guarantee ADM sufficient quantity but within the limits <br /> deemed reasonable by City staff. Finally, the cost of the raw water was adjusted upward and the <br /> scope of matters regarding lake improvement for which ADM would be partly responsible was <br /> increased - this was necessary because the original cost and the original scope of such matters <br /> were rendered obsolete due to the length of time from signing to closing. <br /> The approval of these amendments will permit the closing of this sale, and(as stated) it is <br /> hoped that the closing will occur November 8. <br /> STAFF REFERENCE: John Smith (424-2833), Keith Alexander (424-2863) or John <br /> Couter(424-2807). <br /> JWC:ps 'I <br /> cc: Wendy L. Morthland <br /> Steven G. Jones <br />
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