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RES 98021
City of Pleasanton
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CITY CLERK
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1990-1999
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RES 98021
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3/20/2012 2:38:13 PM
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1/8/1999 4:05:31 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
3/17/1998
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I 4.2 It is assumed that projects covered by this section are not covered by <br />2 EBDA's Renewal and Replacement Fund Program. It is further assumed that projects are <br />3 required due to the age of the facilities or damage from natural or unnatural causes. <br />4 Costs attributable to LAVWMA would be exclusive of fUnds received from insurance, or <br />5 state and federal relief. <br />6 4.3 LAVWMA cost sharing shall be as identified in Exhibit "A", attached hereto <br />7 and made a part hereof as though fully set forth herein. <br /> <br />8 5. Capital Buy-In Fee <br /> <br />9 5.1 LAVWMA shall pay a capital buy-in fee of $10,000,000 payable according <br /> <br />0 to the following schedule: <br />I 5.1.1 Subject to Paragraph 18, LAVWMA shall pay $3,000,000 on or before <br />2 December 31,1999. <br />3 5.1.2 LAVWMA shall pay the remaining $7,000,000 plus accrued interest <br />4 commencing on July 1, 2000 and annually each July 1, through and including July 1, <br />5 2030. In the event that EBDA is terminated on or before July 1, 2030, payments shall be <br />6 made to EBDA's successor(s) as provided for in EBDA's Joint E~ercise of Powers <br />7 Agreement. <br />8 5.2 In addition to the fee set forth in Paragraph 5.1, LAVWMA shall share in the <br />9 capital costs for recent and current projects at the Oro Loma and San Leandro Pump <br />0 Stations. LAVWMA shall pay 10.43% of the total costs of the following: <br />I 5.2.1 Replacement of the diesel engines at the Oro Loma Pump Station <br />2 5.2.2 Replacement of the electric motors at the Oro Loma Pump Station <br />3 5.2.3 Replacement of the variable frequency ddve units at the Oro Loma <br />4 Pump Station <br /> <br /> EBDA/I. AVWMA 199..,.8; Agreement, 6 February 18, 1998 <br /> <br /> <br />
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