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Agmt75 South Bayside System Aut - Silicon Valley Clean Water
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Agmt75 South Bayside System Aut - Silicon Valley Clean Water
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Last modified
6/12/2014 4:18:50 PM
Creation date
3/25/2004 12:12:50 PM
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Template:
Agreement
Contractor Name
South Bayside System Authority
PROJECT NAME
joint exercise of powers agreement
RMP File Number
304 bin 12
Date
11/13/1975
Reso Ref
14870
Amendment
Yes
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nFS:d�g-c Z/21/84 <br /> • . � ' ,�:djg-c 3/05/84R <br /> DES:djq-c 3/12/84R <br /> � <br /> � Capital Cost af each component of Stage I of the Project shall be <br /> allocated on the basis of the_ percentaqes set. forth i.n E�hibit A <br /> hereto. All moneys receiv�d by the Auth:ority from S'tate or <br /> Federal grants for Capital Costs or costs of SpeciaJ. Services for <br /> any cpmponent of Stage 1 of the Project shall be allocated to the <br /> respective Agencies on the bases set forth in Exhibit A for the <br /> purpose a� deter.mining the amounts thereof to be paid by the <br /> respECtive Agencies. To the extent not otherwise pravided in <br /> this Agreement, each Agency shall receive crec3its for <br /> portions of the Joint Facilities conveyed by it and for prior <br /> contributions of Capital Cost� and co�ts of Special Serv.ices for <br /> the 3oint Facilities paid by it, in determining the a].locati,orl of <br /> the costs of constructian af Stage 1 of the Pro}ect. " <br /> � " (b) Capital Costs of Staye_ 2_of the Project. The <br /> capital costs of Stage 2 of the Project shai� be alloeated ta the <br /> respective Agencies bas�d upan each such Aqency's aggregate <br /> payments for the financing of each Substage thereof corresponding <br /> to the maximum capacity rights of each respective Aqency as <br /> dete:rmined pursuant to subdivision (b) of Section 7.2." <br /> 12. Section 6.1 of the Agreement is hereby amenaed ta read <br /> as follows: <br /> "Section 6. 1. Annual Budget. The Commission shall <br /> adopt a budget for maintenance and operation costs, capital cos�s, <br /> costs of special services, capital reserve expenses (if anyj and <br /> bond intexest and redemption expenses (if any) annually prior to <br /> � Nay ].st of each year. " <br /> 13 <br />
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