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16 . <br /> CENTRAL PUGET SOUND WATER SUPPLIERS FORUM <br /> FUNDING AGREEMENT - 2006. <br /> This FUNDING AGREEMENT ("Agreement"), is made and entered into by <br /> and among the City of Seattle; the City of Everett (also on behalf of the North <br /> Snohomish County Water Utility Coordinating Committee and the Everett Water <br /> Utility Coordinating Committee); the City of Tacoma; the Pierce County Regional <br /> Water Association; the East King County Regional Water Association; the South <br /> King County Regional Water Association; the Cascade Water Alliance; the <br /> Snohomish River Regional Water Authority; Snohomish County; King County; <br /> and Pierce County, each individually referred to as a "Party" and collectively <br /> referred to in this Agreement together as the "Parties." <br /> Recitals <br /> WHEREAS, the Central Puget Sound Water Suppliers Forum (hereinafter <br /> "Forum"), that includes the entities and organizations above identified, is <br /> engaged in the update of the Regional Water Supply Outlook, the development <br /> of a Water Resource Management Strategy, drought response coordination, <br /> water conservation initiatives, and various other projects to further the Forum <br /> members' mutual interests in future water issues, and <br /> WHEREAS, the Forum members previously entered into a Project <br /> Funding Agreement to cooperatively fund an identified list of Action Items in 2004 <br /> in accordance with an identified budget and identified contribution levels, which <br /> agreement also provided that Tacoma would undertake to administer the Forum <br /> funds and consulting contracts, and <br /> WHEREAS, the 2004 Project Funding Agreement has expired, yet the <br /> Forum wishes to continue to develop and cooperatively fund additional activities <br /> consistent with the mutual interest of the Forum's members, and <br /> WHEREAS, the Forum recognizes that consultant assistance will be <br /> required from time to time to complete anticipated activities and projects, and <br /> WHEREAS the members of the Forum executing this Agreement believe <br /> that continued administration of Forum funds and consulting contracts by <br /> 97 <br /> Central Puget Sound Water Suppliers Forum <br /> Funding Agreement <br /> Page 1 <br />