|
. .
<br /> •
<br /> •
<br /> the event it waa authorized by the voters of Everett to iseue and eell
<br /> and'could and did Bell ita bon.for the conatruct Ion of an enlarged water
<br /> eystem,amd,
<br /> tent'ormAot n:nTiXy'lLt:esrarnde=eh:;I'llrmilagatmw:=ant°1=;
<br /> WHERSAS,the party•of.the.eecond part now desires a.the party of the
<br /> fir.part ie willing that for a period of one year,to-wit: Prom.arch 1,
<br /> 1931,to liar.1,1932,an enlarged minimum supply of water for an enlarged
<br /> minimum price per month be agreed upon,and, '2 •
<br /> WEERE.,as a inducement to the party of the second part to conetruct
<br /> and add a second unit to its present pulp and/or paper plant in.s City of
<br />• Evemett,whi.will a.roximately double ite preeent capacity,the party of
<br /> the first part is willing to Offer a reduced rate to the party of the second
<br /> part by reaeon of said additional.use of water that would be req.red for
<br /> the operation of said additional unit to said pulp and/or PaPer Plan,
<br /> DOW,THH.PORE,in consideration of the premises and as.inducement
<br />•
<br /> to the party of the second part to construct and.d to ite present pulp
<br /> and/or paper pl.t in the City of Everett,an additional unit that will
<br /> approx.ately double its present capacity and output and for the benefits
<br /> that would thereby accrue to the city and its inhabitante a.for the con-
<br />• siderations herein specified it is-mutually agreed..e.the Par..
<br /> hereto au follow.
<br /> • •
<br /> 1. Por a.period of one year beginning on karch 1,1.1,and ending on
<br /> larch 1,1932,the second patty agrees to purchase from.e par.a
<br /> mini..of 420,000,000 gallons of water per month for the eum of Sive Thous-
<br />. ead W.W.12indied Dollars(Do600.003 per mantn•whi.sum aemand Par.okra.
<br /> PPY:all water in excess of the minimum provided for above ahall be paid
<br /> for at the rate of one cent per one 11.dred cubic feet. Provided,however
<br />• that eaid party of the oecond part shall be allowed a eh...privilege of
<br />• not to exceed two wee.in the year above mentioned,during which two weeks
<br />•
<br />• Period of slaut-down,ea.eecond party ehall be required to pay to the float
<br /> party,the sem of•Two Hundred fifty.4250.00 Dollara.
<br /> a• it ie Understood and agreed between the parties hereto that the maxi-
<br /> 10.4111 ema sayOnir.;t tllebpeany,og.=:1.,p1tonliert shall be required to furnish in any
<br /> 3. It is agreed that If.e pea.k demand Ma'water used at the plant of
<br /> the second party ell.1 exoeed the rate of 20,000,003 gallone per day ad any
<br />•
<br /> time,then the c.pany will immediately install a water tank of sufficient
<br /> size and capacity to regulate the peak demand no that It.11 not exceed
<br /> the rate of 20,000,000 gallons per day at any time.
<br /> 4. It is further uaderetood and agreed that if the party of the second
<br /> part,will:within a period of twelve months from the date hereof,mnetruct
<br /> an a.dditional unit to its present pulp and/or paper plant in the City of
<br /> 1.erett,that will approximately doh..ita Pre..caPaeitY aod outPat end .
<br /> will thee eater into an agreement with the party of.e fir.part for the
<br /> purchaee of not lees than 600,000,000 gallon',of water per month from the
<br /> party of the first part for the remainder of the period covered by the con-
<br /> tract entered into between the.partiee hereto under.te of:Parch 9,1929,
<br /> that then and in that event,tale party of the first part will agree to
<br /> luillILIW:Upict;e:Ntrge*feenll'gr:Idacrn=t!r'" '''t'""'
<br /> 5. This contract may be aeeigned by and with the consent of.e City of
<br /> Everett.
<br /> 6. It as expressly understood that this agreement elapplemental to
<br /> that certain.reement hereinbefore referred to of Mar.9,19.,between
<br /> the parties hereto and that such original agreement,except ah herein modi-
<br /> fied,continue::in full force and effect according to the original terms.
<br />
|