My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
AG 1992 04 06
CabarrusCountyDocuments
>
Public Meetings
>
Agendas
>
BOC
>
1992
>
AG 1992 04 06
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/25/2002 4:09:47 PM
Creation date
11/27/2017 12:01:19 PM
Metadata
Fields
Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
4/6/1992
Board
Board of Commissioners
Meeting Type
Regular
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
136
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
specific expansions and improvements to tke Water Treatment <br />Facility (and their estimated costs) that need to be made to <br />acco~odate Fieldcrest's increased water usage. If (2) <br />above is elected and City consents, Fieldcrest will have <br />such expansions and improvements made and will pay for <br />them. City will reimburse Fieldcrest for depreciation on <br />depreciable assets in connection therewith on the same basis <br />as described in Paragraph 3 above, except that City's skare <br />of depreciation shall be calculated by multiplying the <br />monthly depreciation costs on those assets by a fraction, <br />the numerator of which is tko total volume (in gallons) of <br />water treated through the Water Treatment Facility for the <br />month minus the total volume (in gallons) of water drawn by <br />Fieldcrest for that month and the denominator of which is <br />the total volume (in ga~!ons) of water treated through the <br />Water Treatment Facility in that month. City's obligation <br />to pay such depreciation reimbursement shall continue <br />notwithstanding ~ermin~tion of this Agreement for any <br />reason. <br /> <br /> c. Any increase in the cost of operating the Water <br />Treatment Facility as a result of any such e×pansien or <br />improvement shall be included in Total Operating Costs <br />including any necessary purchases of raw water. <br /> <br />d. Notwithstanding any provision herein to the <br />contrary, the costs of all improvements to the Water <br />Treatment Facility necessary to meet direct discharge <br />permitting requirements of any governmental cr regulatory <br />entity in connection with permit applications due during <br />1990 shall be borne as follows: Fieldcrest, 75%; City, 25%; <br />provided, however, that the cost of such improvements shall <br />not exceed $850,000 and that the nature of any such <br />improvements shall be agreed to by both City and Fieldcrest. <br /> <br /> 9. Reimbursement For Operating Expenses. Within <br />thirty (30) days after tke last day of each calendar month (or <br />partial month) during the term of this Agreement, Fieldcrest <br />shall deliver to City a financial report, in reasonable detail, <br />showing the Total Operating Costs incurred by Fieldcrest for the <br />operation of the Water Treatment Facility ("Operating Costs <br />Report") for each calendar month. In addition, Fieldcrest skall <br />also deliver to City a report showing the total water production <br />processed through the Water Treatment Facility for each month and <br />the total withdrawn by Fieldcrest from the Water Treatment <br />Facility for each month. City shall reimburse Fieldcrest within <br />twenty (20) days after receipt of the Operating Costs Report and <br />the water usage report for that portion of the Total Operating <br />Costs of the Water Treatment Facility computed by multiplying a <br />fraction, the numerator of which is the total volume (in gallons) <br /> <br />-7- <br /> <br /> <br />
The URL can be used to link to this page
Your browser does not support the video tag.