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Last modified
5/20/2025 4:49:05 PM
Creation date
9/16/2024 10:55:11 AM
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Contracts
Company Name
METROPOLITAN WATER DISTRICT
Contract #
A-2004-072
Agency
Public Works
Council Approval Date
4/19/2004
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Section 2. That said readiness -to -serve charge shall be in an amount sufficient to <br />provide for payment of debt service and other appropriately allocated costs, for capital expenditures <br />for projects needed to provide standby and emergency storage service needs. <br />Section 3. That such readiness -to -serve charge for July 1, 2008 through and <br />including December 31, 2008 shall be a water rate equal to $47.65 per acre-foot and for January 1, <br />2009 through and including December 31, 2009 shall be a water rate equal to $52.03 per acre-foot, <br />which shall be charged on a historic basis for each acre-foot of water, excluding water used for <br />purposes of replenishing local storage and agriculture as defined by the Administrative Code, <br />included in Metropolitan's average water deliveries to its member agencies for the applicable ten-year <br />period identified in Section 8 below. The aggregate readiness -to -serve charge for the period from <br />July 1, 2008 through and including December 31, 2008 shall be $41,000,000 and for the period from <br />January 1, 2009 through and including December 31, 2009 shall be $92,000,000. <br />Section 4. That in the alternative, and without duplication, the readiness -to -serve <br />charge shall be an availability of service charge pursuant to Section 134.5 of the Act. <br />Section 5. That the readiness -to -serve charge for July 1, 2008 through December 31, <br />2008 shall be allocated among the member public agencies in proportion to the average of deliveries <br />through Metropolitan's system (in acre-feet) to each member public agency during the ten-year period <br />ending June 30, 2006, and the readiness -to -serve charge for January 1, 2009 through December 31, <br />2009 shall be allocated among the member public agencies in proportion to the average of deliveries <br />through Metropolitan's system (in acre-feet) to each member public agency during the ten-year period <br />ending June 30, 2007. Metropolitan sales of reclaimed water under the Local Projects Program, <br />groundwater under the Groundwater Recovery Program, and deliveries under the Replenishment and <br />Interim Agricultural Water Service Programs are not included in the readiness -to -serve charge water <br />sales calculation. The allocation of the readiness -to -serve charge among member agencies is based <br />on sales data recorded by Metropolitan and shall be conclusive in the absence of manifest error. <br />The amount of the readiness -to -serve charge to be imposed on each member public <br />agency effective July 1, 2008, is as follows; <br />3 <br />
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