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Contracts & Agreements_3-1973
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Contracts & Agreements_3-1973
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Last modified
8/24/2023 9:55:03 AM
Creation date
7/23/2019 12:29:43 PM
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Contracts & Agreements
Subject
Water Stock Purchase Agreement
Details
Water & Sewer Service to Crafton Hills College Amendment
Date
2/6/1973
Document Number
3-1973
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AMENDMENT TO AGREEMENT <br /> The agreement between San Bernardino Valley College and the City <br /> of Redlands, dated November 7, 1968, covering water and sewer <br /> services to Crafton Hills College is hereby amended as follows. <br /> 1. The beginning date for repayment to the College for <br /> facilities constructed and the beginning date for the <br /> ten year reimbursement period for future connections <br /> to pipeline facilities shall be amended to read <br /> March 1, 1973. <br /> 2. The second section under Water Service on Page 3 shall <br /> be amended to replace the term "two million gallon <br /> reservoir" with the term "a future reservoir". <br /> 3. The total actual cost to the City is established as <br /> $120, 707.81 consisting of $94,091 72 for water facilities <br /> and $26,616. 09 for sewer facilities. This total shall be <br /> repaid to the College by the City in annual installments <br /> of ten per cent for a period of ten years with no interest <br /> charged <br /> CITY OF REDLANDS SAN BERNARDINO VALLEY COLLEGE <br /> By. �it�--�N�.� lcL <br /> B y• / 5 � rtt41 <br /> ii.yor, City of Redl ds 1 <br /> ATTEST: <br /> �. Q -` y ,,�, n� DATE. ,,2/��/%%.3 <br /> AgCity <br /> CQerk <br /> DATE: February 6, 1973 <br />
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