CCP 04242023 - Laserfiche WebLink

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SECTION 1.02 Term This agreement shall commence as of May 25, 2004 and shall remain in force and effect until December 31, 2027. At least two (2) years before the expiration of the term, of this Agreement, representatives of the Parties agree to meet, review the Board’s performance and costs, and discuss in good faith whether to continue their contractual relationship. 2. Section 6.01 is hereby replaced in its entirety with the following: SECTION 6.01 Rates A. The rates for water sold by the Board to Roseville under this Agreement (“Charges”) shall consist of two components: 1) Water Service Base Fee The Water Service Base Fee is intended to recover the fixed costs incurred by the Board for its provision of water to Roseville. The Water Service Base Fee shall be charged monthly in accordance with the following yearly schedule. 2023 $64,600/month (totaling $775,200) 2024 $69,100/month (totaling $829,200) 2025 $74,000/month (totaling $888,000) 2026 $77,700/month (totaling $932,400) 2027 $81,500/month (totaling $978,000) 2) Water Volume Charge The Water Volume Charge is the product of a rate equal to 60% of the lowest seasonal rate per one hundred (100) cubic feet charged to retail water customers in the City of Saint Paul and the volume of water provided to Roseville at the Point of Delivery. The Water Volume Charge shall be charged at the same time and frequency as the Water Service Base Fee. B. The parties agree to review the Charges every five (5) years or if a significant change to the Board’s retail billing structure is implemented. This review shall include a cost-of-service study, which shall review the return on Board assets, asset allocations and other economic factors. All costs for this review shall be shared equally by the Board, its other wholesale customers, and Roseville. C. Notwithstanding the above, if, whether as a result of such review or otherwise, the Board changes its retail billing structure in any way, either of its own accord or at