Title
Approval of AGR20-917 Water Sales Agreement for Water Services to Los Alamos National Laboratory - 89233119CNA000103
Recommended Action
I move the Board of Public Utilities approve AGR20-917 Water Sales Agreement for Water Services to Los Alamos National Laboratory - 89233119CNA000103, and forward to Council for approval.
Staff Recommendation
The Utilities Manager supports this one-year bridge agreement.
Body
The current Water Sales Agreement for Water Services to Los Alamos National Laboratory was a 10-year agreement that expires on September 30, 2019. DPU is also working with NNSA on a water rights agreement and by doing this one-year bridge agreement for Water Sales to Los Alamos National Laboratory, the goal is to bring both agreements in alignment to have the same contract renewal periods so one does not expire before the other. The estimated amount of water sales over this one-year bridge term is $1,166,460.00.
Alternatives
Let the current Water Sales Agreement expire.
Fiscal and Staff Impact
The bridge agreement allows for planned water rate increases over the term of this bridge agreement.
Attachments
A - AGR20-917 Bridge Agreement No. 89233119CNA000103 - Water Sales Agreement