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EVERETT CITY COUNCIL AGENDA ITEM COVER SHEET <br /> r{ <br /> V <br /> PROJECT TITLE: <br /> Alderwood Water District— Consent COUNCIL BILL# <br /> Water Supply Contract XX Action Originating Department Public Works <br /> First Reading Contact Person Tom Thetford <br /> Second Reading Phone Number 8824 <br /> Third Reading. FOR AGENDA OF Jan. 26, 2005 <br /> Public Hearing <br /> Initialed by: <br /> Department Head -`1'11 <br /> CAA <br /> Council President <br /> Location Preceding Action Attachments Department(s)Approval <br /> Alderwood Water Contract Legal <br /> District <br /> Amount Budgeted - 0 - <br /> Expenditure Required - 0 - Account Number(s): <br /> Budget Remaining - 0 - <br /> Additional Required - 0 - <br /> DETAILED SUMMARY STATEMENT: <br /> This contract is for the long-term delivery of water to the Alderwood Water District,which is the City <br /> of Everett's largest wholesale customer.The term is for 50 years and the conditions of delivery are <br /> spelled out in the contract.This is essentially a "buy-sell" agreement whereby, the City is agreeing to <br /> supply water to Alderwood at a rate set by the City and Alderwood is agreeing to buy this water. <br /> Even though our existing 50-year agreement with Alderwood goes for another five plus years,we need <br /> a new agreement at this time because of a very large (i.e.42 inch) connection near Snohomish for their <br /> Clearview system. <br /> RECOMMENDATION (Exact action requested of Council): <br /> Authorize the Mayor to sign a 50-year water supply contract with the Alderwood Water and <br /> Wastewater District. <br /> S:\#Common\clerical\JIM.M\AlderwoodContractCC Agenda.DOC <br />