RES 83385 - Laserfiche WebLink

later than ten the product of ($625,000.00), the difference (10) (a) and between the number of days after demand, an amount equal to Six Hundred Twenty-Five Thousand Dollars (b) a fraction, the numerator of which is gallons of average day dry weather capacity Assignees and Three Hundred Thousand flow sewage average day dry weather flow and the Three Hundred Thousand (300,000). allocated to Prudential and (300,000) gallons denominator of which is 17. Further Capacity. (a) City's Good Faith Efforts. City and Prudential recognize that City's present sewage capacity is insufficient to serve the anticipated needs of per- sons who presently desire, and persons who in the future will desire, to utilize the City's sewer system. It is in the interest of City to expand City's sewage capa- city. To promote City's interest, City shall take the initiative and use good faith efforts to obtain all gov- ernmental approvals which are required of City and other governmental authorities, subject to the right of future City Councils to determine how much and in what manner to pursue additional approvals. (b) Prudential Funding of Costs. To assist City in expanding the sewage capacity presently avail- able to City, Prudential shall fund, to the extent agreeable to City and Prudential, the expenses, such as the expenses of studies, of the expansion. Funding by 30. K234-20-A/Sep08