91-041 - King County Water District #25 - Dissolution and Assumption of Responsibilities

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INTERLOCAL AGREEMENT FOR MAINTENANCE AND OPERATION OF WATER DISTRICT 25 THIS AGREEMENT is made and entered into between THE CITY OF TUKWILA, a municipal corporation organized under the. laws of the State of Washington (hereafter "Tukwila ") and WATER DISTRICT 25, a utility organized under the laws of the State of Washington (hereafter "District "), as of this Tenth day of December, 1990, for the purpose and under the r•^nda.t kons as set forth below, and under the authority of the Interlocal Cooperation Act, Chapter 39.34, RCW: 1. DURATION. This Agreement shall commence as of the tenth day of December, 1990, and shall continue in force until December 31, 1991, or until the takeover of District by Tukwila, whichever occurs earlier. 2. SEPARATE LEGAL ENTITY. No separate legal entity is created by this Agreement. 3. PURPOSE. The purpose of this Agreement is to provide for the orderly and continued maintenance and operation of District pending the takeover of District by Tukwila, specifically including but not limited to emergency repairs and pipeline location services. The parties hereto recognize and agree that District is currently without any operational management and that an emergency exists requiring the immediate intervention and provision of services by Tukwila. 4. FINANCE AND BUDGET. The District will continue to be financed by revenue generated by its ratepayers, together with such other funds determined solely by Tukwila, and provided by Tukwila, to be necessary or convenient to effecting the Purpose of this Agreement as specified above. District hereby agrees to assign its ratepayer revenue to Tukwila to the full extent necessary to compensate Tukwila for all actual costs and expenses for labor, equipment, and materials, including administrative overhead of 17 %, incurred in performing this Agreement. The budget for effecting the Purpose of this Agreement shall be-al determined by Tukwila. 5. TERMINATION OF AGREEMENT. This Agreement shall terminate as set forth in paragraph One, above, or upon thirty days written notice by either party for any other reason. If this Agreement shall be terminated by District pursuant to such written notice, then Tukwila shall be entitled to receive compensation for all services rendered pursuant to this Agreement, as calculated pursuant to paragraph 4. Any property acquired as a result of this Agreement shall become the property of Tukwila upon termination of this Agreement in any manner or by any means.