TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA
TITLE: Approve the Third Amended Peace River Regional Water Supply Authority Master Water Supply Contract and Approve and Authorize the Mayor to Execute the Written Notification of Additional Water Supply Contingent Upon Approval of a Financial Agreement between the City of North Port and West Villages Improvement District
Recommended Action
Approve the Third Amended Peace River Regional Water Supply Authority Master Water Supply Contract and approve and authorize the Mayor to execute the written notification of additional water supply contingent upon approval of a financial agreement between the City of North Port and West Villages Improvement District
Background Information
On October 5, 2005, the City of North Port signed the Peace River Manasota Regional Water Supply Authority (PRMRWSA) Master Water Supply Contract (MWSC). On April 28, 2008, the City of North Port approved Amendment 1 to the PRMRWSA MWSC, which allowed a reduction in future contractual obligations due to the then economic downturn. On June 8, 2015, the City of North Port approved Amendment 2 to the PRMRWSA MWSC, which resolved the dispute between the PRMRWSA and their customers regarding the rebuild of portions of the PRMRWSA plant built in 1991.
The Third Amendment to the PRMRWSA MWSC was discussed and reviewed by staff from all customers, including Sarasota County, Charlotte County, DeSoto County and the City of North Port as well as member, Manatee County. This amendment is being proposed to clean up some older, now irrelevant language, for instance, language related to projects that have been completed already and updating annual payment sections that have since been paid off, updating North Port and the PRMRWSA addresses, etc. Other changes include the Desoto payment allocation, water allocation, new water supply demands, and cost allocation percentages.
The Desoto payment...
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