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RES NO 02-01-1979 �o,✓ No ASSURANCES ON WATER SUPPLY Van Buren, Arkansas WHEREAS, the Flood Control Act of 1965 (House Document 270, 89th Congress, 1st Session) authorized the construction of Pine Mountain Lake for flood control and other purposes; and, WHEREAS, under the provisions of the Water Supply Act of 1958 (Title III, PL 85 -500), as amended by Section 10 of PL 87 -88, approved July 20, 1961, water supply storage for municipal or industrial uses may be included in any reservoir project planned by the Corps of Engineers, provided that before construction or modification of any project including water supply provisions for present demand is initiated, State or local interests shall agree to pay for the cost of such provisions, and provided further that not to exceed 30 per centum of the total estimated cost of any project may be allocated to anticipated future demands where State or local interests give reasonable assurances, and there is reasonable evidence, that such demand for the use of such storage will be made within a period of time which will permit paying out the cost allocated to water supply within the life of the project; and, WHEREAS, the provisions of the Water Supply Act of 1958, as amended, are recognized as being applicable to the authorized Pine Mountain Lake project; and, WHEREAS, the city of Van Buren, Arkansas, considers that the Pine Mountain Lake on Lee Creek is a desirable source of future water supply. NOW, THEREFORE, BE IT RESOLVED BY THE C Tr 0 0 VAT G of the city of Van Buren, Arkansas: 1. That the city of Van Buren is fully cognizant of the provisions of the Water Supply Act of 1958, as amended, and the requirements for payment of the allocated costs of the water supply storage, including interest during construction and interest on the unpaid balance, annual operation and maintenance costs, and replacement costs. 2. That the city is fully cognizant of the plan for the construction and operation of the Pine Mountain project insofar as water supply provisions are concerned and the water supply services to be provided by the project. It agrees that projections of future water needs are concerned in and are consistent with local projections and that the city's plan for future water supply will be directed toward utilizing the project water supply services under suitable repayment arrangements. 3. That the city of Van Buren does hereby request the Corps of Engineers, U.S. Army, to include water supply storage in the project estimated to yield 60 million gallons per day at the project site for future water supply needs. 4. That the city of Van Buren recognizes the responsibility of repayment to the United States of all costs allocated to its share of the requested water supply storage. 5. That the city hereby gives assurance that demand for the use of such storage will be made within a period of time which will permit paying out the costs allocated to water supply within the life of the project. v 7 IN WITNESS WHEREOF, THE CI l e U vA ,:it of the city of Van Buren, Arkansas, has adopted this Resolution this /9 day of e/ 1979. Mayor Commissioner∎ Commissioner ATTEST: City Cie' k (SEAL) 2