Ordinance 1997-1257 - Laserfiche WebLink

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i oulder County t,erk Cu * bb.00 1693164 Page: 1 of 13 04/24/199708:47A D 0.00 WATER SERVICE AGREEMENT THIS AGREEMENT is made this /5/J day of 10a , 1997, by and between the CITY OF LOUISVILLE, a' Colorado municipal corporation (hereinafter referred to as the "City"), and COLUMBINE LAND RESOURCES, INC., a Colorado Corporation, whose address is P.O. Box 17130, Boulder, Colorado, 80308-0130 (hereinafter "Columbine"). W ITNESET H: WHEREAS, Columbine is the owner of certain real property located in Boulder County, Colorado, and more particularly described on Exhibit A, attached hereto and incorporated herein by this reference, which property consists of three legal lots lying outside of the municipal boundaries of the City (hereinafter referred to individually as "Parcel 1", "Parcel 2", and "Parcel 3" or collectively as the "Property"); and WHEREAS, the City owns and operates the City of Louisville Water Activity Enterprise to provide water service in accordance with the laws of the State of Colorado and municipal ordinances and policies of the City, and this Agreement is entered into pursuant to those laws and ordinances: and WHEREAS, in the operation of its water system, the City has the authority to provide extraterritorial water service to properties located outside the Citv's municipal boundaries; and WHEREAS, the City is willing to extend water service to Parcels 1-3 upon the terms and conditions of this Agreement; and WHEREAS, Columbine and the City desire to set forth their mutual understandings concerning Columbine's use of the City water system, and related matters. NOW, THEREFORE, for and in consideration of the recitals, promises and covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Columbine and the City agree as follows: 1. Water Tabs Approved. The City approves the purchase by Columbine of three (3), three-quarter inch (3/4") domestic residential water taps for service to Parcels 1-3 at the outside City tap fee rate in effect at the time application is made for a tap permit for the first tap. (By way of example, if application for the first tap is made in 1997, Columbine shall pay the 1997 outside City tap fee of $16,920 each, for a total tap fee of $50,760.00.1 The City further agrees to provide City water service to Parcels 1-3 subject to this Agreement, and all applicable ordinances, rules and regulations of the City as may exist from 1