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04-91 Resolution RECORD OF RESOLUTIONS DClytO'1 Legal Blank iorm No. 30045 Resulutio/l \'0. 04-91 Passed 19 A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A WATERLINE EXTENSION AGREEMENT WITH SHEREX CHEMICAL COMPANY WHEREAS, on May 18, 1981, Sherex Chemical Company, Inc. and the Vi llage of Dublin, Ohio entered into a Waterline Extension Agreement regarding the construction, by Sherex Chemical Company, Inc. of a water main project known as "12" Waterline in Frantz Road"; and WHEREAS, the cost incurred by Sherex Chemical Company, Inc. for this construction was $47,822.81; and WHEREAS, Dublin agreed to assess all property owners abutting said water- line who requested permission to tap a service connection to said waterline, at an amount of $16.00 per front foot of property abutting the waterline in addition to any other fees charged by Dublin for a tap connection; and WHEREAS, at the end of this ten-year Agreement, in the event that Sherex's costs for constructing the waterline were not recouped, the parties agreed to consider extending the term of the Agreement to allow Sherex Checmical Company, Inc. additional time to recover its costs. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Dublin, State of Ohio, ~of the elected members concurring: Section 1. That since to date, no additional property owners have tapped a service connection to said waterline, and Sherex Chemical Company, Inc. has not recovered any of its costs of the construction thereof. Section 2. That, therefore, the parties hereby agree to extend the term of the Agreement for an additional ten (10) year period with all other terms and conditions thereof remaining unchanged and in full force and effect. Section 3. That this Resolution shall take effect and be in force from and after the earliest period allowed by law. Passed this 6th day of May , 1991- ~~ Attest: /} --1A~/'}~ ~ Crerk of Co ncil I hereby certify that cop:es of this Ord'RBRte/Resolution were posted in the City of Dublin in accordance wHh Secron 731.25 of the Ohio Revised Code. / J/t/0U 1/0 y~ v4L<-~.-.../ Clerk of (ouod I Du~lin, Ohi!) .. . 4". ,,,,,a- -