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• � � � . <br /> SILVER LAKE WATER DISTRICT <br /> �� W4TEA i SEWER SENVICE <br /> May 12, 1992 <br /> Gray&Osborne <br /> Attn: Tim Osborne <br /> 701 Dezter Ave N. �200 <br /> Seattle, WA 98109 <br /> SUBJECT: EVERETT ASSUMPII.)N OP SILVER LAI{E WATER DISTRICI' <br /> CUSTOMERS <br /> Dear Tmm, <br /> In ar ordance with nceat dixussions wi�h Mr. Clair Olive:s, [he Ciry of Everett has <br /> ezj:rcued its desire to assume certain District customers ia the arsa generally southeast of <br />, tha Bochell-Evcrett Highway and 100thStmt S.E. <br /> he subject area(map attached hereto) u pr�cn:l�io.;ated within the Ciry of Everett scrvice <br /> arra bnc is pRsent}y serviced Sy che Silver L,ake Water District. <br /> BY a��emeat, the Ciry is convactuallv obligated to rcimbu�se the District iu proportionace <br /> share of bonded indebtedness a�well as its value of utilities. <br /> As I see it, there are cwo issua pertai:ring to the assump[ion of �hose customers. Fust, <br /> compensadon [o the District of those wa�er and sewer customers to Ever�ct. Secondly, <br /> determining a surcharee (operation and maintenanc:) for Everztt sewer customers utilizing <br /> District facilities. <br /> In c�nclusion, I would ask [hat you rcview aad detornLne Everoa's paymenc to the District � '' <br /> for the acquisitiou of those rus[omen, as well as some meihodology For wheeling sea•er, of <br /> Everett customers, rhrou¢h the Distnct's xwezage rystem. <br /> SincerelY� <br /> ,,\ / '..I�CQ <br /> Bruce A. Nclso� <br /> Generzl Manager <br /> sdo <br /> Enclosure <br /> 2270 • 732nd SL S.c. • Everett. WA 98208•7199 • 12061 337•36a� • FAX (2061 J37•�399 <br /> ••..nco.qra�o.u�. <br />