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� SILVER LAKE WATER DISTRICT <br /> �� WA?F.{`6 SEWER SEHVICE <br /> May 1? 19J2 <br /> Gray 8c Osborne I <br /> Attn: Tim Osborne I <br /> 701 Dex.er Ave N. #200 <br /> Seattle,WA 98109 <br /> SUBJECT: EVERETI'ASSUMP'IION OF SIL'VER LAKE WATER DiSTRICT <br /> CUSTOMFR C <br /> Dcar Tan, <br /> In accordance wi[h rxeat dixussions wi�h Mr. Clair Olivers, [he Ciry aF Evere[t tes <br /> ezpressed iu desire to a.ssume certain District customers ia tbe area generally southeast of <br /> the Bothell-Everett Highway aad 100thStmt S.E. <br /> The subject area (map attached hereto)is presendy located within the Ciry of Everett service <br /> area bnt is present}y serviced by the Silver L.a�e Water District. <br /> By agreement, the Ciry is convacmally oblignted to rcrmburse the Disuict iu proportionate <br /> share of bonded indebtcdness as well as its value of utilities. <br /> As I see it, there are nvo issues per�aining [o the assump[ion of those customers. Fitst, <br /> compeasacion to the Districs of those water and sewer cuscomers to Everett. Secondly, <br /> determining a surcharge (operation and main[enaace) for Everctt sewer customers utilitiag <br /> District facili�ies. <br /> In conclusion, I would ask [hac you rcview and determine Everett's payment to the District <br /> for the acquisi�ion of those custome:s, as well as some mathodology for wheeling sea•er, of <br /> Evere[t customors, throueh the District's sewerage rystem. <br /> Sincerely, <br /> ,�� ' <br /> Bruce A. Nelson I <br /> Gzaeral Manager � <br /> sdo <br /> Enclosurc 1 <br /> � <br /> 2210 • �32nd SL S.c. • ��iere�t. WA 98208•7t99 • (206) J37•�6a7 • FAX (2061 737•s3oo ; <br /> ••..newYc:iie...�. ' <br />