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Louisville Pipeline be interrupted. If alternative means of conveying Lafayette's water are <br /> utilized, Lafayette shall be responsible for all conveyance losses and carrying charges. <br /> 7. Existing Treatment Capacity. Lafayette agrees to utilize all of its existing <br /> water treatment capacity, as that capacity exists now or in the future, prior to the use of <br /> any Louisville treatment capacity. Lafayette's current treatment capacity is 6.0 million <br /> gallons per day. Of that amount, 1.7 million gallons per day are treated at the Marshall <br /> Water Treatment Plant which is considered unreliable for firm capacity purposes and is <br /> subject to short term interruptions in service and may be taken out of service permanently. <br /> 8. Water Quality. Louisville shall deliver treated water to the Point of <br /> Connection which meets or exceeds Colorado Primary Drinking Water Regulations as <br /> established by the Colorado Department of Health and as may be amended from time to <br /> time. Louisville will not be responsible for the quality of the treated water after the Point <br /> of Connection or otherwise within Lafayette's water system. Lafayette shall periodically test <br /> the water at the Point of Connection and shall provide Louisville copies of the results of <br /> the tests conducted. <br /> If during the duration of this agreement new water quality regulations are established by <br /> authorized State or Federal agencies and Louisville cannot meet the regulations in the time <br /> period or to the extent required it shall not be required to provide water to Lafayette <br /> meeting such requirements if Louisville is providing the same quality of water to Louisville's <br /> own water users. If new water quality regulations result in a rating downward of Louisville's <br /> existing 13 million gallons per day of treatment capacity, Lafayette shall take a proportional <br /> reduction in its contracted capacity. <br /> 9. Option to Purchase Marshall Lake Shares. Lafayette hereby grants to <br /> Louisville the right and option to purchase 7.865 shares of Marshall Lake stock that <br /> Lafayette currently owns at the price of $10,000 per share adjusted to reflect inflationary <br /> increase from the date of this agreement to the purchase date using the Denver area CPI. <br /> The term of the option shall be effective upon execution of this agreement and remain in <br /> effect during the life of this agreement. If Louisville exercises the option to purchase the <br /> Marshall Lake Shares, Lafayette shall retain the right to use any water available from those <br /> 5 <br />