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RES NO 11-01-1988 tt-t-tq%8 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. /"l/ 1988 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AMENDMENT TO THE WATER PURCHASE AGREEMENT DATED JANUARY 28, 1986, 0 BETWEEN THE CITY OF VAN BUREN, ARKANSAS AND THE SEQUOYAH COUNTY WATER ASSOCIATION OF OKLAHOMA WHEREAS, the City of Van Buren, Arkansas and the Sequoyah County Water Association have previously entered into a water purchase contract dated January 28, 1986; and, WHEREAS, the Farmers Home Administration is withholding approval of the Sequoyah County Water Users project subject to amendment of said agreement as below stated and further set out. WHEREAS, the Van Buren Water and Sewer Commission at its regularly scheduled meeting on November 8, 1988, determined that said amendment was to be to the best interest of the Van Buren Water and Sewer Department and to the City of Van Buren, and that by said Resolution the Water and Sewer Commission recommended that the Van Buren City Council adopt such amendment; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS: THAT, said amendment is for the best interest of the City of Van Buren, Arkansas, and BE IT FURTHER RESOLVED, that the water purchase contract be amended as set forth in the attached, "Fifth Amendment to Water Contract and that the Mayor and City Clerk are hereby authorized to execute same on a behalf of the City of Van Buren. PASSED AND APPROVED this ilk day of /VV ✓r:N/jii( 1988. •YOR ATTESTED: e._ CITY CLERK- TREASURER�1.--- RESOLUTION A RESOLUTION RECOMMENDING TO THE MAYOR AND CITY COUNCIL OF THE CITY OF VAN BUREN, ARKANSAS THAT AMENDMENT NUMBER FIVE TO THE O WATER PURCHASE CONTRACT DATED JANUARY 28, 1986 BETWEEN THE CITY OF VAN BUREN AND THE SEQUOYAH COUNTY WATER ASSOCIATION OF OKLAHOMA BE ADOPTED. WHEREAS, the City of Van Buren and The Sequoyah County Water Association has entered into a water purchase contract dated January 28, 1986; and, WHEREAS, The Farmers Home Administration is withholding approval of the Sequoyah County Water Users project subject to the contract being modified to delete Provisions for Future Purchase and to provide for Proportionate Sharing of Future Water Shortages. WHEREAS, The Van Buren Water and Sewer Commission at its regularly scheduled meeting on November 8, 1988, has determined it to be in the Citys best interest to recommend adoption of a Fifth Amendment to address said concerns: NOW, THEREFORE, BE IT RESOLVED by the Water and Sewer Commission of the City of Van Buren, Arkansas: THAT it is hereby recommended to the Mayor and City Council that the water purchase contract be amended to delete paragraphs 4 and 12 of said contract and add to paragraph 1 of Amendment Number 4 that Water Shortages be shared Proportionately, and with said Fifth (5th( Amendment being incorporated here -in by reference. PASSED AND APPROVED 8 day of 19 APPROVED: K C .E. Doug de ATTEST: Secretary 4 FIFTH AMENDMENT TO WATER CONTRACT THIS AGREEMENT, made and entered into as of the of 1988, by and between City of Van Buren, Arkan- sas, hereinafter referred to as the City and the Sequoyah County Water Association of Sallisaw, Oklahoma, hereinafter referred to as the Association. WITNESSETH: WHEREAS, the City and the Association have entered into a Water Contract dated January 28, 1986, and thereafter and on the 18th day of May, 1987, entered into an Amendment to Water Contract, and thereafter and on the 17th day of August, 1987, entered into Second Amendment to Water Contract, and thereafter and on the 19th day of October,' 1987, entered into a Third Amend- ment to Water Contract, and thereafter and on the 21st day of January, 1988, entered into a Fourth Amendment to Water Contract, and now mutually desire to amend said Contract, as amended; and WHEREAS, by Resolution No. enacted on the day of ,1988, by the City, the Fifth Amendment to Water Contract in accordance with the said Resolu- tion was approved, and execution of this Fifth Amendment to Water Contract carrying out the sai? Resolution by the Mayor and at- tested by the City Clerk, was duly authorized; and WHEREAS, by Resolution of the Association enacted on the day of 1988, the Fifth Amendment to Water Contract with the City in accordance with the terms set forth in said Resolution was approved and execution of this Fifth Amendment to Water Contract by the President and attested by the Secretary was duly authorized: NOW, THEREFORE: In consideration of the mutual agreements and covenants hereinafter set forth, the parties agree as follows: 1. Paragraphs 4 and 12 of the Water Contract between City t'lttn Amendment to Water Contract Page Two 2. Paragraph 1 of the Fourth Amendment to Water Contract between City and the Association dated January 21, 1988, amending the Water Contract dated January 28, 1986, as amended shall be amended by adding the following: The City and the Association will share water shortages, and such water shortages 0 will be shared proportionately. IN WITNESS WHEREOF, the parties, pursuant to Resolu- tions of their respective governing bodies, have caused this Fifth Amendment to Water Contract to be executed as of the first date set forth above by the Mayor and City Clerk of the City, and the President and Secretary of the Association. CITY OF VAN BUREN, ARKANSAS BY: MAYOR ATTEST: City Clerk [SEAL] SEQOOYAH COUNTY WATER ASSOCIATION "'BY: kme,tiogdAsty 'L l P RES ATTEST: y APPROVED: FARMERS BONE ADMINISTRATION BY: STATE DIRECTOR 0