Loading...
HomeMy WebLinkAboutAgenda_Special Meeting_07/25/1995JLIL-21-'95 FRI 15:58 ID: TEL N0: ~~ SPEgAL 1'-pIMN t~C1l,9tICIL IilEEfllda .~Y ~ 7985 T:00 P.NL tt380 P02 ~~ Ca1na'lor ~~ Town Attamey Baird ~~_ ToaM't Manager L ~. Jolrrt Meetlnp ofi the Tauun Cancil of tt~e Town of Jupifier and the VINst~p Oo~a7 of the ViNaige a# Tequeata per 4'1~apter 164.103 of the ~ for the Tequer~ tf~ T .k~in~an eto~arricably er~y a~ ~I oorer~rsllee related thereto. I. P~-= ~eQr~r a ~. -Arrng t;he~er ZO ofthe Town Coda, entitled l.~ilfies, by amending the t Pr~~ far weber aervlae. ~Seoor~d Ree~nB -'10/24/'96) "If a person dudes to appeal any decision made by this Gourial with respect to any matEer oor~slder~ed at this meeting or healing, helshe will need a record of the and that, for such prupo®e, heJshe mmaayy need to ensure that a Merbatlm record of prooeecAnas is made, which record iixx~udes the Irrany and e~idenoe ~ which appeal is to be based." ~o JONES, FOSTER, JOHNSTON & STUBBS, P. A. ATTORNE1l8 AND COUNSELORS FLAOLER CENTER TOWER S05 SOUTH FLA(iLER DRIVE lMlr i AtE%A1R)ER 1RGMEL T. KRAN2 ELEVENTH FLOOR Village of Tequest F UUENTNK CAM ANOELOfi d0-NI EWII McCRACKEN WEST PALM BEACH. FLORIDA 33401 . tpII-HKt •1!/NEN J. AUCAM- icon L 11pNUU.EN TRACEr M~ororn MnD rain P. O BOX 3475 NAMr JWIN6TON ~rG JbtCE A oa+w~r YMOMEt L OOO~ER . ~TEVEH 1 RO'IMUN IETEq A fA ~`""~`~' M . WEST PALM BEACH. FLORDA 334023p6 tpy,~p ERYCE.K7NE0 JUN 2 81995 EDwN1D ouz p a ou~v[R srrtN = (407) 65oaooo tf0.-HM RElEOCA n OO~w1E fIONEr A 6TUEM FAX: (107) 632-1154 c. wasE Q/OfORlR i DUKE : ~ N1B1 R TpRMiON '" tfp•1Nt Vill M ' , . ~;N a a ana er s Office RET~ _ _ N. AOINO 1YEAYER A fOETER ~ i ~ WR17ER'8 DIRECT LINE: of cou+EE~ L MM11N fW1AQM1 June 27, 1995 VIl1 CERTIFIED MAIL RETIIRN RECEIPT REQOESTED Mr. Lee R. EVett, Town Manager Town of Jupiter 210 Military Trail Jupiter, Florida 33458 RE: Village of Tequesta ' Town of Jupiter Request to Set Water Rate Hearing Our File No. 13153.26 Dear Mr. Evett: This office represents the Village of Tequesta. On June 12, 1995, the Village received yaur letter, dated June 9, 1995, advising of Jupiter's staff's request to its Mayor and Town Council to set a water rate hearing -and attaching an "Order Establishing Schedule and Procedure for Rate Hearing." Said Order proposed a hearing on July 25, 1995 before the Jupiter Town Council and required the Village of Tequesta to answer Jupiter's rate request by July 11, 1995, and to prefile testimony by July 18, 1995. The proposed rate increase is based on the "Town of Jupiter Water Systems Report on Rate Service to the Village of Tequesta" ("Report") of which the Village has a copy. The Report is in direct violation of the express terms of the Bulk Sale Water Service Agreement entered into by Jupiter and Tequesta on June 29, 1978, and all subsequent amendments thereto ("Agreement"), in~that the Agreement does not provide for a rate increase in the manner or based on the criteria set forth in the Report. "` `ITr. Lee R. Evett, Town Manager June 27, 1995 Page 2 Tequesta is prepared to file suit to obtain declaratory relief and a permanent injunction challenging Jupiter's authority to increase water service rates in the manner proposed by the Report. This notice is given pursuant to Florida Statute 5164.103(a). Sincerely, JONES, , & STUBBS, P.A. ohn C. Rand ph JCR/ssm cc: Thomas G. Bradford, Village Manager JONES, FOSTER, JOHNSTON d~ STUBBS, P.A. ~' ` 210 Military Trail Jupiter, Florida 33458 407 / 746.5134 FAX 407 / 575.7785 June 9, 1995 Mr. Thomas Bradford, Village Manager Village of Tequesta 357 Tequesta Drive Tequesta, Florida 33469 Re: Request to Set Water Rate Hearing Dear VIr. Bradford: Village of Tequesta JUN 121995 Vl~ MRItS @I~3 ofSCE Pursuant to the agreement between the Toa-n and Village, attached can be found staff's request to set a water rate hearing. cc: Thomas J. Baird Philip Gildan DUS Consultants Town of Jupiter Respectfully submitted, ~' ' TOWN OF JUPITER INTER-OFFICE MEMO~UM DATE: June 5, 1995 TO: The Honorable Mayor and Member of the Town Council FROM: Lee R Even, Town Manager R& Review of the V~1age of Tequesta Watts RatelRequest to Set Rate Haring Enclosed for your review can be found the rate study performed by DL'S Consultanu focussing oa the issue of rate equality between the retail customers of the Town's water system as compared with the rate charged to the Village of Tequesta. The DUS report confirms that the Town's retail customers are .currently subsiaizing service to Tequesta. recording to our consultant's evaluation, Tequesta aauallv undercontributed S613,148 during the 1993-1994 fiscal year. To correct the imbalance, DL'S has included a recommended rate schedule which would increase the rate charged the Village, while concurently reducing the rate levied on Jupiter customers. It is staff's recommendation anti request that we take the nest step to insure equity within our rate structures by scheduling a rate hearing in accordance. with the attached schedule and procedure prepared by our legal counsel. Respectfully Lee R Evert Town Manager cC V'illag~ of Tequesta 1. Z 3. 4. ~. ORDER ESTABLISHING SCHIDULE AND PROCEDURE FOR RATE HEARING STAFF REQUEST FOR RATE HEARING FII.ED AND SERVED ON VII.II~GE OF TEQL'EST.A NOTICE SETTING RATE HEARING TO VII„LAGE OF TEQUESTA ANSWER. TO STAFF RATE REQUEST BY VII.I.AGE OF TEQUESTA REQUIItEMF.NT TO PREFII.E TESI~IONY WITH TOWN FOR ALL ~I~ICTNE.SSES TO BE CALLED BY STAFF AND TEQUESTA AT RATE HEARING RATE HEARING BEFORE TOWN COUNCII. JU:vE 9, 1995 JUNE 20, 1995 JULY 11, 1995 JULY 18, 1995 JULY S, 1945 A. STAFF AND TEQL'ESTA SHALL EACH BE AF'rORDID 10 .~fl'Vi UTES rOR CPEI~IL'~iG STAT'EviENTS. 3. STAFF A1~iD TEQL'ESTA J~I.~Y PQESE'~1T P:ZE'T.I.L. i :..SiZ1~10NY OR VLAy nRESiV'I' LIVE TESTIMONY CORRFSPO~~L~iG :'O P?~~Z.ED TESiZ'ViONY. Ai.L WITNESSES WHOSE TESTIMONY S PRESEVT"LD ~ItiST 3E AVAILABL..:. FOR CRCSS- EX.AI~IINATION. C. STAFF AND TEQUESTA SHALL HAVE RIGHT TO CROSS-c~LAMINE EACH WTNF.SS Wf~THER PRESE~+"i'ED LIVE OR :"r~tOUGH PRE-r~.ED TESTL~IONY. D. REDIRECT EX.3IvIINATION WILL BE PEFL1dTI':F~ BL? NO RE-CROSS EXAMIl~iAiTON. E. STAFF Al~TD TEQL'ESTA SK..AL:. EACH BE AFFORDETJ .5 viL'vL'TES FOR FL~TAL ARGL'MFs~JT. F. MEMBERS OF THE PUBLIC WILL BE ALLOWED COM11r1E:VT AFI'FR THE CLOSE OF STAFF AND TEQL"ESTA'S TFS'I'L'b10NY AND ARGL"ME:VT. G. IF REQLJESTID BY TOWN COUNCII„ EITHER STAFF OR TEQL'FSTA :tiiAY RESPOND TO QL'FSTIONS FROM THE PUBLIC. 6. TOWN COUNCIL DELIBERATION TO BE SET AT RATE HEARING TOiiN OF JOPITER MATER SYSTEM REPORT ON RATES SERVICE TO VILLAGE OF TEQUESTA PRBPARBD BY DOS CONSDLTANTS 7777 GLADES ROAD - SDITB 211 BOCA RATON, FLORIDA 33434 MAY 31, 1995 TOfrRi OF JUPITER WATER SYSTEM RBPORT ON RATES SBRVICE TO VILLAGE OF TEQUESTA PORPOSS It is the purpose of this report to advise the Town Council, sitting as a Rate Review Board, of the results of our investigation regarding the appropriate charges to reflect the system's required revenue in providing service to the Village of Tequesta. This report and our investigation focused on the issue of rate equality between the retail customers of the Jupiter Water System as compared with the Village of Tequesta. The report also seeks to furnish the Council with the material necessary to .bring to closure, the rate process which began in 1992 focusing on retail rates; continued with a later examination of the Village of Tequesta commodity rates; and will, based on the matters set forth in this report, examine equity and fairness as between all customers of .the system. HISTORY Water service has been furnished by the Town of Jupiter to the Village of Tequesta pursuant to an agreement dated 6/29/78. In 1992 the Town Council examined the commodity charge to retail customers as it compared with the commodity charge for the service furnished to the Village of Tequesta. The Council concluded, upon the-facts and reports furnished by staff and consultants, that the cost of treating and delivering a unit of water was virtually identical regardless of the identity of the end user. Accordingly, the commodity rate was equalized so that the commodity furnished to all customers was at the same cost. Subsequent to the 1992 rate review which equalized the commodity rate, the Council authorized an inquiry into the overall relationship between retail customers the Village of Tequesta to determine whether rate. equality existed between those two classes, resulting in a fair apportionment in the costs of operating the system producing revenues from each class which fairly represented the appropriate share of the cost of operating the system. Page 2 PRINCIPLBS AAD GOIDELINES Our investigation began with the recognition of the rate making principle which requires that customers receiving the same quality of service should be charged uniformly unless some element or elements of cost can be demonstratively established to have a greater or less impact on one class than the other. The Jupiter Water System furnishes the same quality of water to both its retail customers located within and without the ~aunicipal boundaries of the Town of Jupiter and to Tequesta. Both the 3upiter retail group and Tequesta utilize the water for essentially the same purposes. Both communities ace largely residential, with a mix between single family and multi-family residential units and the normal ancillary commercial usages that follow a typical a residential community. We note that the Jupiter revenue structure is based upon two basic areas of revenue generation. First, is the base facility charge levied against each customer in the retail division to reflect that customer's contribution to the fixed and nonvariable cost of operating the system without regard to whether product is utilized or not. Second, a commodity charge is levied for the measured quantity of water received by each customer. Retail customers pay both the base facility and commodity charge which, in the aggregate, reflects their total contribution to the operation, maintenance and expenses of the system. The nature of service furnished to the Village of Tequesta has been based on a payment for commodity only and no base facility charge has historically been levied. I ~ ~~. I ~.j w! f. :.~ " The Agreement between the Town and the Village executed 6/29/78 clearly indicates that the intention was to furnish service to Tequesta on a nondiscriminatory basis requiring that Tequesta would be treated uniformly and equitably with all other customers. The question of the propriety of the equality of the rates_,w~,w~~__ no,t an issue until .1992 when the Town undertook the ~~~rst rate_ review' since the acqusition of the system in 1977. ~ Subsequent to the revision in the Tequesta commodity cost in 1992, a series of discusssions have taken place betwen the staff of the Town and that of the Village with regard to the matter of fairness and equity in the rate structure between retail customers and Tequesta The schedules which have been prepared by us and are appended hereto attempt to effectuate the letter and intent of the Tequesta Agreement, plus address the more classical cost of service approach to rate making. Page 3 THE SCBEDOLES Schedule I reflects both revenues and expenses foc the system oar t~six months ended 9/30/94 which was obtained from the audit of the system's operating results. The particular six month period was chosen since it corresponds with the first six months of operation of the system in 1978 under the Town ownership. A comparative six month period is suggested by the Agreement dated 6/29/78 between the Town and the Village of Tequesta. The Schedule identifies $4,137,330 in revenues from various sources. Under the expense categories the six months cost of operations are identified at $3,622,703 and are adjusted, as explained later, by $26,562 to an adjusted total of $3,596,141. Schedule II details the adjustments made to Schedule I in the expense categories. Adjustment (A) recognizes the payment of the insurance premium for a 12 month period and reduces the same to six months . Adjustment (B) identifies the billing and collecting expenses which are a part of the general expense category and have been separately identified since billing and collecting will become a recommended separate rate charge. Adjustment (C) reconciles the actual debt service set forth in the financial statements for the six months ended 9/30/94 with the actual debt service schedule contained within the Official Statement, resulting in an adjustment downward of $183,439.99. Adjustment (D) details the portion of the general fund costs w is benefit the Water System and are properly allocable to the Watec S stem. Annually, such irec general fund charges equal 520,000 reduced to a half year of $260,000 for the purpose of the schedules. Each of the charges and their formulas are specifically set forth. Adjustment (E) is the amortization of rate case expense to account for the anticipated cost of this rate proceeding. Page 4 Schedule III apportions the total operating costs from Schedule I has a- d ted) and allocates them between retail customers and Tequesta pursuant to three different allocation methods separately set forth. Total operating expenses (a) of 2,278,141 is apportioned between retail at $1,994,093 and Tequesta at 284,048. The schedule then includes the debt service cost as identified on Schedule i and adds the required debt .service coverage of 131,800, for a total (b) of X1,149,800. Thia amount is apportioned as shown on the ~ schedule. The schedule then adds the re uirement for the r and re 1 nt funding (c). a system s engineer 7 ~i/'` t ave indicate that X2,0 , nua y be funded in the renewal ~ nd re lacement category to provide for the declining life of ~ ~ "? the s y s t e m' s property , p l a n E~ a--- ~ n~ e q u i`-pfii€n ~f- : E o r t ti e p ~Ttp-o-s~e--~e~f- ~ our analysis, we have accepted the $2,000,000 by the engineer as a target, but have included 1,600,000 for the first pro forma year of operations, with the suggestion that this account should gradually increase to reach the engineer's recommended funding level over a period of the next several years. The schedule then makes provision for interest expense which recognizes that Tequesta did not pay connection charges, while all other customers in the system did. No entry is made in the total column since all debt service has been paid by the retail system customers up to the present time. The sum of $72,425 has been deducted from the retail category and incorporated into the ~P/ ~` uesta colum reflecting the proper requirement of a carrying cost for ant ca acity in the absence of the a ment of P P P Y connection charges. No principal is included in this adjustment. Aggregating items (a), (b), (c) and (d), a total allocated cost is identified as 3,856,496 required of retail customers and 671,445 required from Tequesta for the six month period. Transferred from Schedule IV-A is the total revenues collected by the system for a six month period. Since the total revenues collected were less than the system requirements, the schedule identifies the increase required per six month period in order to bring the system into financial balance. The following entry expresses the increase on an annual basis. Pursuant to Schedule V, the system is credited with the interest income earned on unrestricted funds. Since none of the surplus was generated from Tequesta (as a result of under-contribution to the system) all of• the interest income credit is attributed to the retail category. The schedule concludes by identifying the increase required of Tequesta and the "refund" or reduction to the retail category as a result of the foregoing analysis. The revenue requirement on retail customers should be reduced by 366,933, while Tequesta should increase its contribution to the system by 613,148. Page 5 Schedule IV is an explanation of the allocation methods which were use to develop the results of Schedule III. Allocation Method ~1 relates to the percentage of total system f ow uti ized by the retail customers and Tequesta. For the six months ended 9/30/94 retail customers utilized 868 of the total flow, and Tequesta utilized 148 of the total flow. Looking back at Schedule III, Allocation Method #1 was used to apportion water supply and treatment expense,, general and administrative expenses, debt service and coverage expenses, and the requirement of renewal and replacement funding. Allocation Method #2 is designed for allocating billing and collecting costs and has been apportioned on a meter basis with 17,317 retail meters, compared with only one Tequesta master meter. Based upon a billing and collecting expense of $107,553 for the six month period, the annual cost per meter has been identified at $12.42 or 1.04 per month. Allocation Method #3 has been utilized to apportion the cost of transmission and distribution main maintenance. Q, ~~ This allocation method takes the total lineal feet of ~~~~""'~ 'transmission mains and separately identified the lineal feet of distribution mains, allocating only the transmission mains at 868 for the retail category and 148 for Tequesta. Of the transmission mains, 4.48 is thus ~;~~~ allocated to Tequesta, while 27.2$ is borne by the retail ategory. Since distribution mains are have less applicability to Tequesta, we conservatively allocated no portion of the distribution system to Tequesta. When the aggregate .distribution and collection system are combined, only 4.48 of the cost is attributed to Tequesta, while 95.68 of that cost is in the retail category. Schedule IVA sets forth the details used in developing the average daily flow amounts and also the transmission and distribution detail. Schedule V supports Schedule III and is a calculation of the unrestricted interest income of $568,215, which is reported and included in Schedule III. Page 6 Schedule VI - The text of the Tequesta. Agreement dated 6/29/78 suggests that a comparison between operating characteristics of the system for the first six months of operations of the utility ending 9/30/78 should be compared with a like six month period of current operations. Schedule III detailed the operations for the most current and comparable six month period ending 9/30/94 and identified total system operating costs at 4,527,941. Schedule VI, following the same format, identifies operating costs of the system for the first six months of system ~~~~~~ o er 'ons under the Town's ownership ending 9/30/78, as being Schedule VI also reflects that an inequity between retail customers and Tequesta revenue contributions to the cost of the system existed as early -as the first six months of system operations. The schedule identifies that, on an annual basis, the retail customers overcontributed to the system by the sum of $129,164 while Tequesta's contributions to the cost of operating the system was deficient by $191,332. The shortfall of $62,168 was made up by tt~e Town from certain Water System allocable general and administrative charges, plus .the Town's pledge of tax revenues to support the coverage factors on the bond issue. Schedule VII sets forth the allocation detail utilized in the preceding Schedule VI. Schedule VIII - As suggested by the Agreement between the Town and the Village of Tequesta, a comparison of the cost of operations are examined and expressed as a cost per 1,000 gallons of water actually produced by the system. In the six months ended 9/30/78 a total cost for operating the system of $568,558 has been previously identified. The average daily flow eriod w 3.7 M Otherwise stated, the system sent V ~ to customers for the six months ended 9/30/78 a total of 675,300,000 gallons. A cost can thus be computed to identify $.84 of cost per 1,000 gallons sent to consumers. As a comparison, the same statistics expressed for the six month period ended 9/30/94 shows that $4,527,941 was the cost of operations, while the system provided to customers an average daily flow of 10.7 million gallons, for an ag regate total for the six months of 1,952,800,000 gallons, or cost o ~' 2.32„_per 1,000 gallons. As suggested by the Tequesta Agreement; 6~oth the magnitude of the increase in cost and. the Mend can be identified by this Schedule. Schedule IX is discussed in Conclusions and Recommendations. Page 7 Schedule X demonstrates the effect of the rates recommended by this report on each class of customer as of 9/30/94. If a uniform rate is adopted, whereby Tequesta and retail customers each pay a uniform base facility charge and a uniform commodity charge the result will still represent a deficiency from Tequesta of $106,569. This represents a revenue deficiency for the whole system in an equal amount. We believe the Council can reasonably conclude that the importance of establishing uniform rates outweighs the possibility that Tequesta will continue to underfund the system. The contribution of Tequesta has been based upon the minimum purchase committment of 1.5 ~MGD when the actual consumption may end up somewhat greater. To the extent that Tequesta uses more than 1.5 HG per average day, the contribution shortfall of $106,569 will be reduced. If, for example, Tequesta's average daily use was 1.75 MGD, the additional revenue would eliminate the $106,569 shortfall shown on Schedule X. CONCLUSIONS AND RECOMMENDATIONS Our investigations of the operations of the Utility Division has indicated (See Schedule III) that, on an annual basis, the system revenues were inadequate to the extent of $246,215. Of this amount, Tequesta undercontributed to the system by $613,148. This means that retail customers overcontributed to the system (notwithstanding the overall deficiency in revenues) by $366,933. We would recommend that a rate schedule be instituted to rectify this condition. As indicated earlier in this report; we believe that the overriding principle of rate making clearly indicates that all customers should be treated equally,. unless direct cost differences exist between the two customer categories. Accordingly, we have developed a schedule of recommended rates and have set the same forth on Schedule IX, attached hereto, which reflects a comparison of our proposed rates with those currently in effect. Schedule IX reflects a reduction recommended for all customers in the base facility charge (5/8' meter size) from 9.34 downward to $7.89. Larger meter sizes are proportionately reduced. We separately calculate the cost of billing and collecting, which is set forth in the recommended schedule as "meter fee. charge'. Since the system provides only one bill to Tequesta but does individually bill its retail customers, this represents a direct cost differential which should be reflected as a separate charge per meter installation. Accordingly, we recommend that a meter fee charge of $1.04 per month, per meter be adopted. Page 8 Multi-family rates are expressed in a percentage relationship to single family customers, and therefore the recommended Cate change is proportionate to single family as it has been in the past. Multi-family installations have generally been served by master meters and they will continue to be thus served with the one meter charge being added to their bill. It should be noted that the reduction accorded single family retail customers appeared to be larger since the individual meter charge has been eliminated and shown separately. General Service (Commercial) Rate and Fire Line Rates have been adjusted in accordance with the same formula. The recommended commodity rate for Tequesta and retail customers becomes an identical $1.27 per thousand. Since the commodity charges have been equalized in the past, this represents no material change other than the adjustment required to raise the commodity charge from $1.23 to $1.27. Under the contract, Tequesta is required to take a minimum of 1.5 MGD. Our recommendations reflect the fact that each of the Town's individual retail customers have been paying a base facility charge of $9.34, now recommended to be reduced to $7.89, while Tequesta has made little contribution to the fixed and nonvariable costs of operations which are partially offset by the base facility charge. It should be noted that Tequesta has never paid the increase in commodity rate from $1.22 to $1.23 because they did not recognize the indexing in April, 1994 that all other customers were subject to. The absence of levying a corresponding base facility charge on Tequesta is the cause of the inadequacy of contribution to overall system costs by Tequesta. It is our recommendation that all similarly postured customers be treated equally. Therefore, Tequesta, which equates to 5,714 equivalent retail customers, should bear the same per unit cost of $7.89 as retail customers. The recommended rate schedule calculates that $45,083 per month is the appropriate base facility charge to be levied on Tequesta. When and if ~M~ schedule, we utilizing the cost adjustme both Tequesta ~ factor. the Council decides to adopt a revised rate would further recommend that the practice of Florida Public Service Commission indexing as a nt factor in rates be also made uniform so that and retail customer rates are adjusted by the same q"'_ ' ,~ ~ Y'°` d ea lier di A i t in thi t the oal was to d t i 1~~~/ / s ca e r n s repor , g e erm ne frR~.1~~ whether or not cost of servi ce inquir ies supported the concept ~ r,q~% that all customers utilizing a similar service should be subject r~~ . to the same rate schedule unless cost factors indicated otherwise. We would conclude that the facts and circumstances Page 9 ' .r a~~d___hy._.__this report clearly dem_ onstrates that a unif__orm~ rate approach should -be~ "utilized, but ~~ha~~~'~equ~st~s ou o a~lation of a full share of the cost of billing and collecting since the same is best expressed on a separate meter charge as recommended in the rate schedule. We would like to acknowledge the assistance of Mr. David Brown, the Utilities Director and his staff, in making required data available to us in the compilation of this report. As in the past, we look forward to the opportunity to discuss the report and its findings with the Council at the appropriate time and in the appropriate form. Respectfully submitted, DUS CONSULTANTS ~`•a ~ ~V.. ~ ras < . - O. '~ 7 r r 7 l1ON7 1 • b ^ 7 C r 1a .- s • 71 a ~avl n ~ ` • • < ~' N • f 71 • n'~ A r M~ 7 • 1 1 0 f f n n ~ C • 1 71 A O 1 O /1 N n 7 ~~ F • 7 1 1 1 y w 7^ 1 1 7 N 1 1 1 1 w r n w w c w 7 1~ n 9 c y 71 r 'O 1 • 1 -i ~ w~ n '. a ~e c r ~ '1 • r r • -~ n n n nr • . a ~.. • w w • N N N w W O N • N {PMO 1.O , J rU V 'O 01nw Y J N VOM mwNw~ `f1 b J NJN F+N VIwJ M U m W VN X00 JN UI ~" m O wwa • ulatl~u~J o m wow • dwwOm rt w U N N w W N • W W U U N YI W N W VN~ V J N Nw-+ W J N N J w ••• M O• v N J N JMW J NNW•F' J YI •MYI J JOIOJN N w V a N N H• V~ w h M ~. r N w u~ V J J O • 1 a a O r J a N VI ~O ~-+ W e~ W I4 C N J b O l/~ W W W a P' / J N J O J 'O a N~" O M N J VI O m O O~ O W O: ~O w J JN~O O mmwJ O w J O a to w O `o 'a U W ~ ~ a .- w a v~ aa~a J N•rm ++ O~ O~a~ O n _ m I O~ 1l1 N O~ t O~ W ~O r ,O C' ( O J N N m ~O W J a r N ~! J w W •m tP J4J~M+m/ m w ~ O• W ~ O a~ O J~ O a ~O ~1 a N a a to W tl~ J a UI N N J , O VI W W J + J VI /~ W J J m 0 N ~' J W 7r N O N J m ~ O `O O N O ~ y] r r Opp ~O w mo•N/J C • a w~ew o +anWOa y O w ul moo J w~'wam O 'O N J N • w/ 0 J •.p a N ~ • to w N • N N O a aN JwJ a U ~'U J H a O~ W M q H N W V O m N 1~ H' V r J p j W ~+ ~O -~ wr~w ONJ W O W004-'w W JNm~D 3 • 17 O N • w W J N W N J 1~ 71 w O WN• w mww~ll ~+ W N N w VI •NW N 1 1 -~ r+ a s 00~ J 1 1 ~ tr•J o u w ~1 ~1 W V • J J o v -~ i.l u J d M•-~ N V /+ 1+ -~ N w•0001 1 w w O W J J N 0 0 1 1 YI IwOalllulw w 00 W YI YIN N OO~ONNV 11 OOVV~IV J 0011W V• Ad~l••IY a• W N N VI N VI V N N W 'O w-'O w wJ A w O m J a a s '" UOOU W mJ • OOOVIb b~O ~' OOONW JJ ~' OOO~ON WU O OOOW• m~+ ti ti Q W m N W VI l . r ~e W m y J a1-+w Jw O y W O J w W J .r~oeaJ r O a O W J a ~+NOb• a O J~O ~O ~O Y d 4 1 1 1 1 1 1 C O 1 00000 1 1 1 1 1 VI y CI d M W a 1-+ W N~ y r+ .-~ ~a W m O W J of-aJa. y ~r mJO~W J r V~ O O a J W a O W J a h+N O'Om W O J~ O~ O b 1 O 7 a=` l7 O C Z •J CNH d Y !~1 H 'b A A Z ~-1 a n S M C r ~cReaoGe -I ~ TONN OF JUPITER WATER OPERATING STATEMENT FOR SIX MONTH ENDED 0 1 ADJU TMENTS ~~-- ~ ""' (A) In April 1994c~nsurance Premium Eor the entice year was paid in the amount of ~ 219,243.96 Foc the six wonths ended 9/30/94 one-half is subtracted ) (B) General Expense includes billlna and , collecting expenses which d'iTstorical ha~~,- ,.~~~~, w,,~`~~ been equal to 41t of the to a enecal Expenses ,.~~.,. , .:_.~,.~..~r..-,.~-,,.~ Total General Expenses # 481,568.19 Less Insurance Expense 219 2~) ~, TisKS Billing i Collecting Percentage 41 Billing i Collecting Expense ~Tb~~~3 (C) Debt Service for Six Months Ended 9/30/94 a.s set forth in the Financial Statements # 1,501,439.99 Debt Service Per Official Statement for Year 1995 is X2,636,000; one-half year is (1 318 000.00) Adjustment of Debt Service 4 ) (D) stima of water System Coats b Expenses s supp led by the General Fund ~,~ ~ ~ ~~ ~~- ~ ~' ~~~. ~' `` /~ ~` ~- 4 Salaries: Information Systems: Total Budgeted salaries 5 fringe benefits Estimated time on water system projects Finance Director (St) Assistant Director (20t) Accountant (5t) Acct. Clerk iiI (20t) Acct. Clerk II (40t) Administration Personnel Specialist (7t) Town Clerk (St) Deputy Town Clerk (5t) Town Manager (5t) Sub-Total - Salaries/Fringes Electric (Administration Offices) Telephone Audit Town Attorney - Retainer (15t) Infoc~ation Systews - Maintenance (SOt) Police (2t of budget) Code Enforcement (2t of budget) planning ~ Zoning - emergency preparedness and development coordination Public Service - Pleet Maintenance, misc. packs i Recreation - Grounds Maintenance Rent (3,300 s.f. a fi15.00/s.f.) Town Council (4.5t of Budget) Town Hall-Maintenance, Other Utilities, etc. Miscellaneous Supplies i Other Overhead Chgs. Yearly Estimated Total One-Half Yeac Total (E) Estimated Cost of Rate Case Expense 39,000 Three Yeac Amortization One-ealf Year ~ 241,148.00 X .75 1 , 00.00 4,600.00 10,800..00 2,000.00 6,600.00 11,300.00 2,eoo.oo 3,70.00 1,800.00 5.500.00 230,000.00 12,000.00 6,000.00 12,000.00 10,000.00 21,000.00 105,000.00 2,500.00 k, j ~, ,,.>1:' _ •\ 12,000.00 10,000.00 2,500.00 49,500.00 7,500.00 30,000.00 10 000.00 1 6 5 SCHEDULE III TOWN OF JUPITER WATER OPERATING STATEMENT FOR SIX MONTHS ENDED 30 94 Water Supply ~ Treatment Transmission 6 Distrib. General ~ Admin. Billing & Collecting Rate Case Exp.(Amort.) Total Operating Exp.(a) Debt Service Debt Service Cov. 10$ (b) R & R Fund Require. (c) Imputed Interest (Tequesta Customers) for Plant Capacity Absent Payment of Conn. Chgs.(5,714 ERCs x $390 X 6.5$ divided by 2 (d) Total (a) {b) (c) ~ (d) Total Revenue Collected Increase Req'd. 1/2 Yr. Increase Req'd. Yearly Interest Income on Unrestricted Funds Increase (Refund) Required Yearly ALLOCATIOr~ TOTAL RETAIL TEQUESTA METHOD 1,374,798 1,182,326 $192,472 # 1 264,897 253,242 11,655 # 3 524,393 450,978 73,415 # 1 107,553 107,547 6 # 2 6,500 -0- 6,500 $2,278,141 X1,994,093 284 048 1,318,000 131 800 1 449 800 1,246,828 202,972 # 1 $ 800,000 ~ 688,000 112 000 # 1 -0- X4,527,941 4,120,726 ~ 407,215 ~ 814,430 (72,425) 72,425 $3,856,496 671,445 3,755,855 364,871 ~ 100.641 306 574 ~ 201,282 613 148 $( 568,215) ~( 568,215) -0- ~ 246.215 ~( 366.933) 613 14 SCHEDULE IV TOWN OF JUPITER WATER ALLOCATION BASIS FOR EXPENSES FOR SIX MONTHS ENDED 9 30 4 TOTAL SEE RETAIL TEQUESTA SCHEDULE Allocation #1 Average Daily Flow 10.7 MGD Percentage 1 00.00$ Allocation #2 Total Metered Accounts 17,318 Cost for Six Months of Billing & Collecting $107,553 Yearly Cost per Meter $ 12.42 Monthly Cost per Meter $ 1.04 Allocation #3 FT. $ Lineal Feet of Lines -Transm. 364,250 31.6 Times Percentage of Average Daily Flow Lineal Feet of Lines - Distr. 788 600 1,152, 50 68.4 100.0 9.2 MGD 1.5 MGD (IV-A) 86.0 $ 14.0 $ 17,317 1 RETAIL TEQUESTA 31.6$ 31.6$ 86.0$ 14.0$ 4.4$ 68.4$ -0- 5.6$ 4.4$ (IV-A) SCHEDULE IV-A TOWN OF JUPITER WATER ALLOCATION BASIS FOR EXPENSES FOR SIX MONTHS ENDED 0 4 SCHEDULE BACK-UP (1) (2) Monthly Billing in Million Gallons: JUPITER RETAIL TEQUESTA Total April 1994 282.909 43.346 May 1994 297.435 51.370 June 1994 274.963 41.085 July 1994 271.567 56.900 August 1994 290.771 37.948 September 1994 259.521 37.344 Total Six Month Flow 1,677.166 267.993 Divided by Days 182.5 182.5 Average Daily Flow 9.19 MGD 1.47 MGD Rounded 9.2 MGD 1.5 MGD 10.7 MGD Length of Piae FT. Transmission - 30" 24" 18" 16" 12" 10" 500 23,870 20,670 56,785 140,925 121,500 364 , 250 Distribution - 8" 350,400 4' & 6 438,200 788,600 SCHEDULE 'J TOWN OF JUPITER WATER OPERATING STATEMENT FOR SIX MONTHS ENDED 30 94 CALCULATION OF UNRESTRICTED INTEREST INCOME: 1994 1993 Funds: Restricted X16,646,383 ~ 7,166,166 Pool Cash 636,865 726,241 Investments 13,329,206 11,797,896 Total $30,612,454 X19,690,303 $ 50,302,757 Divided by 2 1/2 Average for Year 25,151,37? 1994 Interest Income $ 1,078,99 Rate of Interest 4.29= Total Average Funds $ 25,151,37? Total Average Restricted Fund $111,906,275 Total Average Unrestricted Fund ~ 13,245,iQ4 Interest Rate .042E Unrestricted Interest ~ 568.215 SCHEDULE VI Water Supply & Treatment Transmission ~ Distrib. General & Admin. Expense Billing & Collecting Total Operating Exp.(a) Debt Service Debt Service Coverage (b) TOWN OF JUPITER WATER OPERATING EXPENSE FOR SIX MONTHS ENDED 30/78 TOTAL 133 066 14 640 75 081 24 097 246 884 268,000 26 800 294 800 RETAIL 86 493 12 596 48 803 24 087 171 979 TEQUESTA 46 573 2 044 26 278 10 74 905 ALLOCATION METHOD 191 620 103,180 Imputed Interest (Tequesta Customers) for Plant Capacity Absent Payment of Conn. Chgs. (5,714 ERCs x 390 x 6.5$ divided by 2 (d) -0- $(72,425) 72,425 R ~ R Funding Requirement (c) Total (a) (b) (c) & (d) Total Revenue Collected Increase Req. 1/2 Yr. Increase Required Yearly Underpaid or (Overpaid) By Class 26,874 568 558 537,474 31 8 62,168 62 68 17 468 ~ 308,642 373,224 64 582) $(129,164) 12 64) 9 406 259 916 164,250 95 666 191,332 1 1 332 # 1 # 3 # 1 # 2 # 1 # 1 SCHEDULE VII TOWN OF JUPITER WATER ALLOCATION BASIS FOR EXPENSES FOR SIX MONTHS ENDED 30 78 TOTAL RETAIL TEQUESTA Allocation #_1 Average Flow 3.7 MGD 2.4 MGD 1.3 MGD Peccentage 100= 65$ 35t Allocation ~ 2 Total Metered Accounts 2,401 2,400 1 Cost for Six Months of Billing ~ Collecting $ 24,097 Cost Per Metered Acct. for Six Months 10.04 Yearly Cost $ 20.04 Monthly Cost $ 1.67 Allocation # 3 Feet Percent Retail Tequesta Lineal Feet of Lines- 047 93 39.9 39.90$ 39.90 Transmission , Times Average Flow 3~.9 65.00$ 25.94$ 35.00 13.96$ Lineal Feet of Lines- Distribution 1 40,393 60.1 60.10$ -0- 100.0 86.04$ 13.96$ SCHEDULE VIII TOWN OF JUPITER WATER OPERATING EXPENSES COMPARATIVE COST OF WATER PER 1,000 GALLONS TOTAL RETAIL TEQUESTA Total Cost of Water Six Months Ended 9/30/78 (A) $ 568,558 $ 308,642 $ 259,916 Average Daily Flow 3.7 MG 2.4 MG 1.3 MG Flow Per 1,000 Gallons for Six Months Ended 9/30/78 (B) 675,250 438,000 237,250 Cost Per 1,000 Gallons (A) divided by (B) ~ .84 ~ .70 ~ 1.10 Total Cost of Water Six Months Ended 9/30/94 (A) $4,527,941 $3,856,496 $ 671,445 Average Daily Flow 10.7 MG 9.2 MG 1.5 MG Flow Per 1,000 Gallons for Six Months Ended 9/39/94 (B) 1,952,750 1,679,000 273,750 Cost Per 1,000 Gallons (A) divided by (B) ~ 2.32 ~ 2.30 ~ 2.45 TOWN -0F JUPITER RECOMMENDBD RATES AS O Monthl Rates A Base Rate Residential Base Paci~ty Charge No Gallonage Allowance Mte~_ 1• 1 1/2• ~" 7 Metec !ee Charge - All Meter Sises !lulti-Fa~^ily Base Fac3Tity Charge No Gallonage Allowance ~ 1111 Meter Sizes i I Meter Fee Charge - All Meter Sizes general Se (Coma-ercial ) v /' ~', J~ ~ ~, ~~ ~r ~, ~ ~~J _r ! ~t ~~} . se Facility Chacge No Gallonage Allowance Meter Size ~- 1• 1 1/2• 2' 3• 4• 6• 8• 10• Metec Fee Charge - All Meter Sizes Fire Line Ratea Liae Sise +~ ~ 2~ i ~~~ 3• ,~ 4 • 6• 8• 10• 12• Te ueata Rate ~~~wua Tate oc Pay at 1.5 MG Per Day, per 1,000 Gallons s ~: Base Pacility Chacge No Gal. Allow. 5,714 ERCa X $7.89 (B) Commodit Rate Ga onage Charge pec 1,000 Gallons For All Service t~ ~`~. CURRENT ~ 9.34 23.36 46.73 74.7e -0- PROPOSED 7.89 21.23 43.46 70.14 1.04 # 6.67/unit fi 6.35/unit -0- # 1.04 # 9.39 $ 7.89 23.36 21.23 46.73 43.46 74.78 70.14 116.83 110.14 233.67 221.28 5b0.81 532.45 701.00 665.80 934.67 888.07 -0- ~ 1.04 35.23 # 33.51 66.32 63.08 102.59 97.58 201.03 191.22 320.19 304.56 459.05 436.65 856.96 815.14 1.23 -0- 1.27 >~ 1.27 _ #95,083.00 , 1.27 SCHEDULE X EFFECT OF RECOM TOWN OF JUPITER LADED RATES ON CLASS OF CUSTOMERS .. ,,., TOTAL RETAIL TEgUESTA Annual Revenue Requirement $ 9,055,882 $ 7,712,992 $ 1,342,890 Revenues on the Recommended Rates, Based on Wholesale Using 1.5 MGD $(8,949,313) (7,712,992) $(1,236,321) Net Shortage of Revenue Requirement ~ 106.569 -0- ~ 106,569 Excerpt from the Toga of Jupiter Ordinance No. Z8-91 regarding the application of the Florida Public Service Com®iaaion's Annual Price Index for IItility Services to water rates: Section 3. Chapter 25 of the Code of Ordinances of the Town of Jupiter, Florida, entitled WATER SERVICE, is hereby amended by creating new Section 25-13.1 thereof, entitled Establishment and change of Water Service Rates, Fees and Charges, to read as follows: Section 25-13.1 Establishment and Change of Water Service Rates, Fees and Charges. The Town shat= fix rates, fees and charges for water service which shall remain in effect unt_1 amended by further ordinance or pursuant to an automatic increase or decrease thereof by and adjustment conforming to the cost information contained in the annual price index for utility services promulgated by t:~e Florida Public Ser-rice Commission. The implementation of this automatic c::^.ange i_^. rates, fens ar.~ charges shall follow the general guidelines contained in Section 367-08~, -lorida Statutes, except where such provisions are inapplicable to a municipally owned water system. Provided however, that before any such automatic increase or decrease shall occur, the recommendation for the proposed change in rates, fees and charges shall first be brought to the Town Council's attention by the Town staff at 3 public meeting, and the Council may act to negate or approve, in whole or in part, t:~e amount of any such recocsunended change, which change shall thereupon be implemented in accordance with the Council's direction. Should the Council take no action upon the staff recommendation, the same shall take effect as of the start of the next billing cycle. }Y., A G R E E M E N T BULK SALE WATER SERVICE THIS AGREEMENT, made and entered into this /S day of ;'y' 1976, by and between the VILLAGE OF TEQUESTA, Beach County, Florida, a municipal corporation hereinafter eferred to as "Village", and TRI-SOUTHERN UTILITIES COMPANY, INC., corporation organized and existing under the laws of the State of orida, hereinafter referred to as "Utility" WHEREAS, Utility is organized and operates to provide water reatment and distribution services to the public within a certifi- ted area in Palm Beach County, Florida, under the authority of and suant to the regulation of the Florida Public Service Commission; WHEREAS, Village owns and operates water production and dis-~ ribution facilities designed to provide service to consumers located thin and without the Village; and, WHEREAS, Village desires to provide for the present and ture water requirements of existing consumers and the anticipated- h within its service area; and WHEREAS, Utility is desirous of making available a quantity f potable water for bulk sale to Village, on a continuous basis for he term of the contract to enable Village to receive such service hrough interconnection with Utility's system and, by way of master eter, receive potable water for distribution to Village's consumers; NOW THEREFORE, in consideration of these premises and the JOHNSTON $ASSER R RANDOLPH It13 HARVEY BUILDING WEST PALM SEAOH. PLA. 99002 tual covenants and obligations set forth herein, the parties expressly covenant and agree as follows: 1. DESCRIPTION OF SERVICE - Utility agrees to provide to Village and Village agrees to accept, all pursuant to the further terms and conditions set forth herein, a quantity of potable water treated in accordance with and complying to the standards of the Agencies having regulatory jurisdiction over such matters, all consistent with the design criteria as set forth within previously approved plans and specifications governing the construction of existing water treatment plant facilities. Utility represents to Village that the quality of the water produd~ emanating from said treatment plant presently complies with existing regulations and standards consistent with said approved design. Water service shall be delivered to Village at the "point of delivery" as herein- after set forth, all to be at the master meter installed by Village, under supervision of Utility, for the purpose of bulk sale flow measurement. Utility further agrees that during the life of this Agreement, said water quality shall be maintained in compliance with the criteria of the regulatory agencies having jurisdiction thereof. 2. INTERCONNECTING FACILITIES AND POINT OF DELIVERY - Village agrees that it will cause to be designed and constructed, at Village's own cost and expense, extensions to its existing system designed to bring its lines and facilities to a point of intercon- nection with the mains of Utility at Old Dixie Highway and Indian- town Road, as set forth in Exhibit A. The Village shall have sole and exclusive ownership of the lines and master meter serving the Village, however, as further set forth herein the Utility shall be responsible for maintenance, operation and repair of said extension up to and including the "point of delivery of service" and shall holc Village harmless from any damage, claim or suit arising from Utility maintenance of said extension. Further, Utility agrees to reimburse Village for any funds received by Utility from persons interconnect- ing with said service line for service from Utility, for that person hydraulic share of the use of the line. An engineer's drawing of the route of the extension and size of pipe has been attached hereto and marked Exhibit "A". Utility shall be advised of such plans and shall be furnished with copies of the same prior to construction and shall have the right of approval thereof for all portions of such design relating to proposed construction south of the Loxahatchee River Bridge. Such right of approval, however, shall be limited to matters of design, particularly with regard to materials, interconnection and metering, having a possible detriments effect upon the system presently installed and operated by Utility. Village shall have the right to decide and specify its own route to JONNSTON the point of interconnection, as well as the kind and type ofmateris $A99ER 6 RANDOLPH 1110 HARVEY BUILDING WE9T PALM BEAD N, PLA. 39402 .2 - . . used (subject to Utility's right of prior approval), including standards of installation. Utility shall not have the right to inspect the construction of Village's extension, located north of the Loxahatchee River Bridge, provided however, that Utility shall have the sole right to inspect and supervise all construction south of said Bridge and the interconnection of facilities and the install tion and hookup of the measuring device. It shall be the responsi- bility of Village to construct its facilities in a timely fashion pursuant to other provisions of this agreement. Notwithstanding that it is Village's obligation to construc new transmission mains to the point of interconnection as described (herein, the parties agree that the."point of delivery" shall be that point on the discharge side of the master meter located adjacent to the south approach to the Loxahatchee River Bridge. Said "point of delivery" of service may be further defined as the point at which Village assumes responsibility for receipt of the product and contro '.thereof. Utility shall be responsible for maintenance, operation and repair of all lines up to and including the "point of delivery" of service, and Village shall be responsible for maintenance, ioperation and repair of all mains and facilities on its side of (the "point of delivery" of service. Utility shall be responsible for the maintenance of the JOHNSTON S ASSER Q RANOOLPH 1113 HARVEY BUILDING WEST PALM BEACH. FLA. 33402 master meter, but the cost of said meter, maintenance or repair, shall be billed separately by Utility to Village. Subsequent to the execution of this Agreement, and at such time as the particular type and manufacture of the master meter has been identified, the engineers for Village and Utility shall mutually decide upon and specify a program for maintenance and accuracy recalibration. Said program for maintenance and recalibration shall then be adopted by Utility, who will be responsible for the performance thereof. Costs necessarily incurred in such maintenance, recalibration and~epair program shall be borne by the Village, as consumer, and as indicated herein, shall be billed periodically by Utility. to Village. -3 - 3. PRESSURES AT "POINT OF DELIVERY" - Utility agrees that it will maintain not less than 40 psi pressure as measured at the input side of the master meter, furnished by Village. Utility agrees to make such modifications to its high service pumping facilities as may, in the future, be required in order to maintain said minimum pressure. The parties recognize that the pressures and quantity flows expressed herein are based upon constant factors which anticipate that Village will receive minimum or maximum quantities of water at a reasonably uniform rate of flow during a 24 hour period. It sha1.1 be the continuing responsibility of (Village to store and repump the water received from Utility as may be required for Village's own system distribution needs. 4. QUANTITIES - Utility agrees to furnish not more than 2 million gallons of potable water per day through the meter at the "point of delivery" for the full term of this Agreement and in accordance with the "Description of Service" set forth above. Said quantity flow is expressed herein as an average daily flow, averaged over a period of 365 days next ensuing after the commencement of service, or the date of "service availability", in accordance with provisions hereinafter set forth. Utility shall not be required to furnish a quantity of water greater than 2.25 million gallons per day average for any 30 day period (peak month), neither shall Utility be obligated to provide greater than 2.25 million gallons per day as the total amount delivered in any one 24 hour period (peak day). Utility agrees to continually make available to Village, the quantities of water set forth herein, notwithstanding that Village's obligation to take and/or pay for quantities of potable water are limited to the provisions of that section of this Agree- ment entitled "Guaranteed Revenues". 5. RATES - Utility has established a rate schedule for JOHNBTON $ASBER B RANOOLPH II73 HARVEY BUILDIND WEST PALM BEACH. FLA. 99402 bulk water service and such schedule shall be filed with the Florida Public Service Commission in the form of a new tariff category. Such tariff sets forth the rates and rate computation governing the - ~~ charges to be made and billed by Utility to Village on a monthly basis for services rendered pursuant to the terms of this Agreement. The parties recognize the jurisdiction of the Florida Public Service Commission over the rates and charges of Utility and the approval of said agency of the rates referred to herein are a condition precedent to the final acceptance of this Agreement. A copy of tariff page no. 23.3 is attached hereto as Exhibit "B" and made a part hereof as if fully set forth in the body of this Agreement. Nothing herein is intended to limit the power or ability JOHNSTOn S AS SER 6 ftANDOLPH 1113 HARVEY BUILDING WEST PALM BEACH, FLA. 33402 of Utility to alter, amend or revise tariff page no. 23.3 and/or its schedule of rates for bulk water service. Notwithstanding that Utility reserves the right to alter, amend, modify or substitute during the term of this Agreement, rate schedules or tariffs pro- viding for rates for bulk water service, either higher or lower than those set forth in tariff page no. 23.3 attached hereto as Exhibit "B", Utility agrees that any such proposed revision in rate shall be subject to rate proceedings and to public hearing under the authority of the Florida Public Service Commission. Utility's judgment, decision or application regarding matters of rate shall at all times be based upon considerations of the cost of operating its water system, its requirements to maintain ade- quate coverage on its indebtedness, to preserve and protect its credit standing in the financial community, and to properly equate charges for services amongst classes of consumers, both for retail and bulk sale services. In any proceeding involving a request for increased rate,. Utility shall be obligated to present a comparison of cost of bulk sale service during a base 6 month period next en- suing after interconnection with Village, and a similar 6 month period preceding the application for rate increase. Such comparison shall identify and compare cost of power, chemicals, labor and interest, since such elements shall be deemed to be the primary justification for rate change. Village shall have the right of full participation in any public hearing or hearings at which revisions to the then existing bulk sale water rates are to be considered. ~ 5 ~ 6. GUARANTEED REVENUES-AND- MINIMUMS - The parties recog- nize and acknowledge that the commitment, on the part of Utility, to provide bulk water service to Village, and the general require- ment ultimately upon Utility to expand and/or replace treatment plant facilities allocated for the purpose of providing service to Village herein, together with Utility's requirement to support costs and indebtedness allocable to the service referred to in this Agreement, requires that Utility impose upon the purchasers of bulk sale service, an obligation to take and/or pay for, minimum quantities of potable water service, whether or not such services are actually drawn or used by said bulk sale purchaser. Accordingly and in order to induce Utility to enter into this Agreement, Village agrees and guarantees to commence payment for the quantities of potable water service as hereinafter set forth. Commencing with the date of "availability of service" as JOHNBTON $ABBER & RANDOLPH IIIB HARVEY BUILDING WEST PALM BEAD H. PLA. 93402 that term is hereinafter defined, Village shall be obligated to receive and/or pay for a minimum of 547,500,000 gallons of water (1.50 million gallons per day times 365 days) during the next year ensuing and commencing with the date of availability of service. During the second year commencing one year after date of "availability of service" Village shall be obligated to receive and/ or pay for a minimum supply of water equal to the preceding year's average annual requirements, but in no event shall said required amount be less than an annual average of 1.5 million gallons per day as above stated, or, more than an annual average of 1.6 million gallons per day (584,000,000 gallons). During the third year and all years subsequent thereto, during the life of this agreement, the Village shall be obligated to receive and/or pay for a minimum supply of water equal to the preceding year's average annual require meats, but in no event shall said required amount be less than an annual average of 1.5 million gallons per day or more than an annual average of 1.75 million gallons per day (638,750,000 gallons of orate ',yearly). The parties recognize that the purpose of expressing minimum quantities on an annual basis is to permit Village to -~- average its annual requirements during periods of lower daily demand (wet season), and higher daily demand (dry season). Each month during the term of this Agreement, Utility shall bill Village for a monthly quantity equal to one-twelfth of the annual minimum plus any additional water used over the minimum. Village shall be required to pay for such monthly quantity when billed. In the event that Village has actually received a quantity of water which is less than the aforesaid stated monthly minimum, then, and in that event, Village shall be entitled to carry over any unused but paid for quantity of water into a subsequent month within the same service year where usage by the Village exceeds the said monthly minimum quantity. Conversely, the Village's excess usage above the minimum in any month of the same service year, resulting in a monthly payment in excess of the minimum, may be carried forward to offset minimum charges for water in a subsequent month during the same service year in which Village has used less than the minimum quantity of water. It is the purpose of this formula to adjust monthly usages within the same service year $o as to .allow Village to pay only for water actually received, provided that on said annual basis, Village will have paid for not less than those .costs equating to the total annual minimum quantities set forth herein. The requirement upon Village to pay such guaranteed (revenues shall continue unlimited and unabated during the term of (this Agreement, except as hereinafter set forth. 7. AVAILABILITY OF SERVICE - The parties agree that servi JOHNSTON S ASSER R RANDOLPH II15 HARVEY BUILDING WEST PALM BEACH. FLA. 99602 by Utility to Village shall have been deemed to be available on June 1, 1977, however, in no event shall the Utility be responsible for supplying water or the Village be responsible for receiving water by said date if said parties have moved expeditiously toward completing their respective facilities by the aforementioned date and are precluded from same by forces outside their control. Servic availability shall be deemed to occur on any date subsequent to the signing of this Agreement, but earlier than June 1, 1977, in ~,~ the event that actual interconnection between Village's extended facilities and Utility's facilities at the "point of delivery" shall have occurred. In the event such interconnection occurs prior to June 1, 1977, then Village's obligation to take and/or pay for ser- vices shall commence on said earlier date and such date shall further become the commencement date for the first year of service. The term "service availability" as used herein shall be defined as the continuing readiness and ability of Utility to pro- vide service at the "point of delivery" of service in the required gallonage flow of potable water as provided for herein, and in accordance with the other items set forth in this section. 8. TERM - This Agreement shall be for a term of thirty (30) years, commencing on the date of "Sex~ic~ avai'bility", being or later `- r _.i ~p June 1, 19??, or such earlier date, in acco`~dance with the terms of this Agreement. Utility hereby grants to Village an option to terminate this Agreement at the end of five years after the date of service availability, provided that Utility has not conveyed and transferred its assets to a governmental entity and the Utility and its assets remain in the investor owned category, and further pro- vided that the Village determines that it has an adequate supply of water to continue to servie its then existing customers. In the event the Utility continues to be privately owned and the Village does not exercise its option to terminate five years after the date of service availability and this Agreement continues, Utility grants to Village another five-year option to terminate which will be operative ten years after the date of service availability under the same terms and conditions set forth above for the first five-year option. In the event the Utility is privately owned on a date fou years after the date of service availability then the Village shall be obligated to furnish Utility with a one-year notice of termination of service to be effective at the conclusion of the fifth year of such service. Similarly, in the event the first five-year option is not exercised and Utility is privately owned on a date nine years after date of service availability, the Village shall furnish Utility JOHNSTON BASHER B RANDOLPH IIIS HARVEY BUILDING WEST PALM 9EAC H. RLA. 33402 - ~- . / with a one-year notice of termination to be effective at the con- clusion of the tenth year of such service. Such right of early termination shall be solely at the option of the Village and Utility herein shall not have a corresponding right to alter the basic term of this Agreement. Such option of the Village shall be limited solely to the options expressed herein, and if the Village elects not to exercise its option to limit the term of this Agreement to five years or ten years, as above stated, then no subsequent option shall exist in the Village and the term of .this Agreement shall continue to the 30th year as hereinabove set forth. 9. INCREASED SERVICES - The parties recognize that it may be the desire of the Village to seek from Utility, an increase in the amount of service to be furnished by Utility beyond the minimum and maximum levels set forth in this Agreement. Utility agrees that it will, upon proper notice, expand its treatment facilities so as to provide for the water production and treatment of up to 8 million gallons per day of potable water allocable pursuant to the terms of a renegotiated Bulk Sale Agreemen to the Village based upon its then current requirements, including but not limited to the requirements to pay connection or equivalent rapacity charges. (No such connection or equivalent capacity charge shall be applicable for the 2 million gallons per day capacity represented by this Agreement.) The Village may request service increases in a series of incremental levels, but at no time shall Utility be required to increase levels of service beyond the maximum established herein of less than 1 million gallons per day incrementa increase. Although it shall be the responsibility of Utility to JOHNSTON SASSER & RANDOLPH 1113 HARVEY BUILDING WEST PALM BEACH. FLA. ' 33402 provide, at its own cost and expense, raw water supply and treatment facilities to accomodate increased service to the Village, it is recognized that a period of up to 18 months may be required in order to allow Utility to react to a request of the Village by undertaking construction designed to expand its raw water and treatment facilities. tillage, therefore, agrees to provide Utility with not less than 18 I n the "lead time" prior to any date on which the Village seeks ual commencement of increased service. Village further recognizes that Utility maintains a pol- icy of allocating the cost of main transmission lines to the consumer or consumers requesting water service or benefiting therefrom. It is further recognized that the currently proposed interconnection of facilities to be constructed by the Village, at its cost and expense, contains hydraulic litgitations which may not permit the delivery of service beyond the maximums set forth herein without further modification. At any time which the Village may request increased service, the Village shall further be obligated to pay the cost of construction of supplemental transmission mains required as an integral part of the delivery of such increased service. The Village, as a consumer of increased service, shall be responsible to defray only such portion of the cost of new transmission facili- ties as may be hydraulically allocable to the requirements of the .Village and its service area. In the event Utility, or its succes- sors and assigns, shall elect to construct new water transmission mains of a size larger than those hydraulically required by the Vil- lage, then the cost of such new mains shall be divided, hydraulicall; amongst those consumers benefiting therefrom, resulting only in the allocable fair share cost of such mains being attributed to the Village. 10. ASSIGNMENT - The parties hereto agree that Utility JOHNSTON SASSER Q RANDOLPN 1113 HARVEY BUILDING WEST PALM BEACH, FLA. 93402 may assign this Agreement at any time subject to the written consent of the Village, which consent shawl not be unreasonably withheld. In the event of such assignment, the assignee shall be bound by the terms and conditions of this Agreement. In the event assignee is an entity which is not bound by the authority of the Florida Public Service Commission, it nevertheless shall be guided by the terms of Paragraph 5 of this Agreement and any increase in rates shall be related strictly to the actual increase in cost to Utility to pro- vide water under this Agreement. Nothing herein shall preclude tYte Village from assigning this contract to any/ enntity which shall agreE T/ . : /_ ;operform the obligations set forth herein. \~;~ -10- 11. FORCE MAJEURE - Any temporary or continuing delay in the construction or interconnection of the facilities described here- in which delays the date of service availability herein described, in the part of the Village caused by an act of God, fire, strike, casualty, major maintenance work, breakdown of or injuries to machin- pumps or pipelines, civil or military authority, insurrection, riot, inability to obtain necessary permits, licenses, easements, financing, or grants of authority necessary to the construction thereof, or other causes of the same kind and nature as enumerated herein which are outside the control of the Village shall not con- stitute a breach of this Agreement on the part of the Village and Village shall not be responsible under the terms of this Agree- t in the event of such occurrences. 12. SAVINGS CLAUSE - In the event that any of the terms or provisions of this Agreement shall be subsequently deemed to be illegal by a court of competent jurisdiction, then this Agreement shall be modified so as to cure such illegality and all other pro- visions, terms and conditions of this Agreement shall remain in full force and effect. 13. NOTICE - Each party shall furnish to the other, such notice as may be, from time to time required, pursuant to the admin- istration of this Agreement, and shall be in writing, posted in the U.S. mail and addressed as follows: To the Utility: Tri-Southern Utilities 7100 Indiantown Road - P.O. Box 1548 Jupiter, Florida To the Village: Village of Tequesta - P.O. Box 3273 Tequesta, Florida 14. MODIFICATIONS OR AMENDMENTS - The parties declare that this Agreement contains fully, all of the agreements between the parties pertaining. to the subject matter contained herein. This Agreement may be altered, modified or amended only in writing and executed by each of the parties hereto. 15. PENALTY CLAUSE - In the event that Utility deliber- JOHNBTON S A69ER Q RANDOLPH 1115 HARVEY BUILDING WEST PALM BEAC H, RLA. 99402 ately fails to supply water to the Village under the terms of this Agreement, the Utility shall pay to the Village a liquidated amount -11- equal to the funds expended by the Village for all improvements and expenditures necessary to extend the Village system to interconnect pith the Utility. Further, in the event the supply of water to the 'illage is unreasonably cut off or in the event Utility fails to ~upply water to the Village for a period of time in excess of thirty ays, the Village shall have the right to apply to the appropriate urisdiction, i.e., the Circuit Court, the Health Department, or he Public Service Commission, for the appointment of a receiver, aid receiver to operate the plant and carry out other duties under his Contract for such period of time necessary to insure the con- inued supply of water to the Village under the terms of this Agree- ent. These remedies shall not preclude any other remedies or dam- ges available to the Village as a result of the breach of this greement by Utility. igned, sealed and delivered TRI-SOUTHERN UTILITIES COMPANY, INC. 'n the presence of: ~ .% Witness ~, Witness y;~g_ h~r~s~a,.a-~ _~~. igned, sealed and delivered n the presence of: VILLAGE OF TEQUESTA fitness BY ~ ~_ Ma BY~ tness Village Clerk JOHNBTON I SASSER & RANDO LPN 1 IIIB HARVEY BUILDING W EBT PALM BEACH, FLA. 33402 -12- AMENDMENT TO BIILR BALE WATER 8ERVICE AGREEMENT COME NOW the undersigned parties and hereby amend the Bulk Sale Water Service Agreement, dated July 15, 1976, as amended, in the manner and form referenced herein. Paragraph 6, Guaranteed Revenues and Minimums, is hereby amended to read as follows: "6. GUARANTEED REVENUES AND MINIMUMS - The parties recognize and acknowledge that the commitment, on the part of Utility, to provide bulk water service to Village, and the general requirement ultimately upon Utility to expand and/or replace treatment plant facilities allocated for the purpose of providing service to Village herein, together with Utility's requirement to support costs and indebtedness allocable to the service referred to in this Agreement, requires that Utility impose upon the purchasers of bulk sale service, an obligation to take and/or pay for, minimum quantities of potable water service, whether or not such services are actually drawn or used by said bulk sale purchaser. Accordingly, and in order to induce Utility to enter into this Agreement, Village agrees and guarantees to commence payment for the quantities of potable water service as hereinafter set forth. Commencing with the date of "availability of service" as that term is hereinafter defined, Village shall be obligated to receive and/or pay for a minimum of 547,500,000 gallons of water (1.50 million gallons per day times 365 days) during the next year and each year thereafter during the life of this agreement. In the event, however, that the Village receives in any one year an amount of water annually which results in an annual average of 1.75 MGD then, in the year following such year of usage and each year thereafter, the Village shall be obligated to receive and/or pay for a minimum supply of water equal to 1.75 MGD or 638,750,000 gallons of water yearly. The minimum obligation of the Village shall remain 1.5 MGD average or 547,500,000 gallons of water annually unless and until such time as the Village's actual annual usage is 1.75 MGD or 638,750,000 gallons per year. The parties recognize that the purpose of expressing minimum quantities on an annual basis is to permit Village to average its annual requirements during periods of lower daily demand (wet season), and higher daily demand (dry season). The parties hereto will, by separate agreement, provide for the use by either system of emergency quantities of water in the event of equipment or mechanical failures in plants or systems making the supply of potable water inadequate, at minimum levels; to provide for the health, safety and welfare or either system's consumers. Such emergencies, and the quantities of water furnished by Jupiter to Tequesta during the limited period of such emergency, shall not be counted in Tequesta's annual average consumption figures notwithstanding that the water furnished during the emergency was billed by Jupiter to Tequesta. Each month during the term of this Agreement, Utility shall bill Village for a monthly quantity equal to one-twelfth of the annual minimum plus any additional water used over the minimum. 2 Village shall be required to pay for such monthly quantity when billed. In the event that Village has actually received a quantity of water which is less than the aforesaid stated monthly minimum, then, and in that event, Village shall be entitled to carry over any unused but paid for quantity of water into a subsequent month within the same service year where usage by the Village exceeds the said monthly minimum quantity. Conversely, the Village's excess usage above the minimum in any month of the same service year, resulting in a monthly payment in excess of the minimum, may be carried forward to offset minimum charges for water in a subsequent month during the same service .year in which Village has used less than the minimum quantity of water. It is the purpose of this formula to adjust monthly usages within the same service year so as to allow Village to pay only for water actually received, provided that, on said annual basis, Village will have paid for not less than those costs equating to the total annual minimum quantities set forth herein. The requirement upon Village to pay such guaranteed revenues shall continue unlimited and unabated during the term of this Agreement, except as hereinafter set forth." 3 IN WITNESS WHEREOF,. the parties have signed this Amendment to Bulk Sale Water Service Agreement, this /~~day of -may' /, , 1993. Signed, sealed and delivered i~n~ the presence of ss s VILLAGE OF TEQUESTA By ~~-~-~J ~+ W1 es witness JCR\13153-03\BULKLIATE.AMD TCT TT AL7 TTTTIT TTITI By By 4