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6. Payment. On a monthly basis, the City shall bill the District for water <br /> delivered through pipeline master meters. Said bills shall be payable <br /> within thirty (30) days after issuance of the invoice. Bills delinquent for <br /> any period greater than sixty (60) days after issuance of the invoice <br /> shall be assessed interest in the amount equal to one percent a month <br /> or such greater amount as allowed by City ordinance. The City shall <br /> also bill the District for Reservoir 3 land lease charges on a monthly <br /> basis. In case of billing errors, or errors caused by misadjusted <br /> meters, the City may collect back to date of last meter calibration to a <br /> maximum of twelve months. <br /> 7. Resale or Distribution of Water. After water has passed the points <br /> of delivery and has entered the District's system, said water becomes <br /> the property of the District and under its exclusive authority, subject <br /> only to the following express limitations: <br /> a. The District agrees not to allow any new customer connections to <br /> its water system larger than twenty (20) inches, or supply a new <br /> customer more than five million gallons per day at peak, unless <br /> the District first provides written notification to the City for said <br /> connection. <br /> b. The District will distribute water received from the City in a <br /> manner consistent with the City Water System Plan, and the <br /> District's Water System Plan, as approved by the Washington <br /> State Department of Health if appropriate. <br /> c. The District-shall not serve water received from the City, <br /> pursuant to the terms of this Agreement, in areas outside the <br /> City's approved service area shown in Attachment B attached <br /> hereto, without prior written approval of the City. <br /> d. In the event of annexations of the District's service area, by <br /> Everett, the City reserves the right to assume service to those <br /> customers who have been annexed into the City in accordance <br /> with State law. <br /> 8. Lease of Property. The City agrees to lease to the District, and <br /> District agrees to make lease payments to the City for, all sites leased <br /> to the District as described in this section and shown in Attachments C <br /> & D. The amount due shall be made in monthly payments hereby <br /> established as $5,150.00 per month. The Rent shall be adjusted <br /> annually to an amount equal to the percentage increase or decrease of <br /> the Seattle-Tacoma-Bremerton Consumer Price Index (CPI) for All <br /> 12 5 <br />