HomeMy WebLinkAbout1962-04-23 119-P ORDERIntroduced by Councilor Crops, April 23, 1962 %19-P
CITY OF BANGOR
(TITLE.) VYITIi¢r,......Anthorizing.. hire ...City .-Benagersur.. andonbehalf of.. _.
&..ty..oP...&angni.....t¢ axaouto.. Agrooment with_the baor Water pzatrlct.
Bb epe Oty CouucH of a My of Bangor:
' OBBEEED,
q THAT the City Manager for and on behalf of the City of
1"Bahgor(bxecute the Agreement with the Bangor Water District here -
ho AttSched and made a part of this order.
119-P
RECelvzp ORDER
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MAINE ..Maomaer..aa. ExecuTa..Agreement
un me_,ean9or water District
IN CITY COIMCIL
April 23, 1962
Paso
AGREEMENT
This Agreement made this day of 1962, by
and between the City of Bangor, a municipal .corporation located
in Penobscot County, State of Maine, and Bangor Water District,
e corporation lawfully created and duly existing by virtue of
• special Act contained in the Private & Special laws of Maine,
1957, creating the said Bangor Water District, located in said
Bangor.
WITNESSETH THAT:
1. The Bangor Water District agrees to install water
lines and all appurtenances in that area known as the STILLWATER
PARK OUR RENEWAL PROTECT approximately as shown on the attached
Map #12, which said Map #12 is incorporated herein and made a
part of this agreement.
2. In consideration of such expenditures by the
Bangor Water District, the City of Bangor agrees to reimburse
the Bangor Water District for such capital expenditures as
shall exceed ten tinea the estimated net yearly revenue in-
crease accruing to the Bangor Water District from the facilities
so installed.
3• Said parties hereto agree that the net increase
in hydrant rental shall not be less than $700 per year under
rates to be filed for approval with the Maine Public Utilities
Commission, said amount reflecting a net increase of fourteen
hydrants in the renewal project area, and said parties further
agree that the average net yearly revenue from all other types
of service will be $3,774.36 at existing filed rates, making a
total of $4,474.36, justifying a Bangor Water District capital
expenditure of $44,743.60.
4. The required capital expenditure estimate is
$148,260.00 including engineering and supervision. The City
of Bangor and the Bangor Water District are in agreement that
ledge excavation, as required, may increase the aforesaid required
capital expenditure by a sum up to $309000.00.
5. The City of Bangor agrees to reimburse the Bangor
Water District for actual construction cost less the sum of
$44,743.60. Such reimbursement shall be made monthly as con-
struction progresses.
IN WITNESS WHEREOF, the said City of Bangor has caused
in its name this instrument to be signed and its corporate
seal to be hereunto affixed by Joseph R. Coupal, Jr., its City
Maztagei, duly authorized by vote of the City Council of the
City of Bangor at its regular meeting duly called and held on
April 23, 1962, and the said Bangor Water District has caused
in its name this instrument to be signed and its corporate
seal to be hereunto affixed by George W. Hawkes, Jr. hereunto
duly authorized, on the day and year first above ,written.
Signed, Sealed and Delivered
in Presence of
CITY OF BANGOR
Approved as to form:
City Solicitor
by
City Manager
BANGOR WATER DISTRICT
by
Chairman