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HomeMy WebLinkAbout01-67 RESOLUTION• RESOLUTION NO. f.._ [f, A RESOLUTION EXPRESSING THE INTENTION OF THE BOARD OF DIRECTORS TO PROCURE TREATED WATER FROM THE BEAVER WATER DISTRICT RESER- VOIR. WHEREAS, by reason of the rapid growth of population, busi- nesses and industries in the City of Fayetteville, Arkansas, the City is presently consuming water at an ever increasing rate, with the result that the City will require a greatly expanded supply of treated water within the near future, and WHEREAS, the City of Fayetteville, Arkansas, presently has contractual rights to receive 11,000,000 gallons of water per day from the Beaver Water District Reservoir, with assigned rights of an additional 9,000,000 gallons of water per day when needed, and the potential for further increases in water capaci- ty as additional allotments are made from unalloted surpluses by the Beaver Water District. WHEREAS, it is the desire of the Board of Directors of the City of Fayetteville, Arkansas, to apprise the Commissioners. of the Beaver Water District of the City's intention to purchase treated water from the District's facilities and of the City's intention to'enter into negotiations for a memorandum of under- standing concerning the terms for purchase, in order that the District may proceed with necessary steps preliminary to the is- suance of bonds and the investment in facilities required to provide the City with the needed water. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: SECTION 1. That in -order to assure the City of Fayette- ville, Arkansas, of sufficient amounts of treated water to ac- commodate the growth of the City, it is in the best interest of the City of Fayetteville, Arkansas, to procure treated water from the Beaver Water District Reservoir. SECTION 2. That the Commissioners of the Beaver Water Dis- trict be and they are hereby advised of the intention of the Board of Directors of the City of Fayetteville, Arkansas, to procure treated water from the Beaver Water District at an early date, and of the intention of the Board of Directors to enter into negotiations for a memorandum of understanding, between the • • - 2 interested cities and the Beaver Water District, establishing the terms and conditions under which said water shall be pur- chased. PASSED AND APPROVED this —tay of January, 1967. ATTEST: G ORGE J. A , CITY CLERK en/ DON RUMS , JR., MAYOR