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Contract - Costa Mesa, City of - 1960-02-15 " AGREEMENT FOR PURCHASE OF DRAINAGE FACILITIES FROM CITY OF COSTA MESA This agreement made this /57% day of ri L,r d k,/C 7 , 1960, by and between the COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY, CALIFORNIA, hereinafter called "District," and the CITY OF COSTA MESA, a Municipal Corpora- tion, hereinafter called "City;" W I T N E S S E T H : WEEREAS, District has heretofore entered into an agreement with County Sanitation District No. 7, in which agreement District is receiving the sum of One Hundred Thousand ($100,000.00) Dollars from said County Sanitation District No. 7 for the purpose of constructing the Gisler trunk sewer line, extending between the northerly extension of Babb Street, westerly to College Avenue, together with a pump plant at College Avenue, and WHEREAS, District has appropriated the sum of Fifty Thousand ($50,000.00) Dollars from its own funds for said construction above 'described, and WHEREAS, the estimated cost of said construction is One Hundred Seventy-five Thousand ($175,000.00) Dollars, and WHEREAS, both City and District agree that it is to the mutual benefit of each to have said portion of said Gisler trunk sewer line constructed, and City desires to participate therein for any costs incurred therein over the sum of One Hundred Fifty Thousand ($150,000.00) Dollars, but in no event • exceeding One Hundred Eighty-five Thousand ($185,000.00) Dollars, and WHEREAS, the City Council of the City of Costa Mesa did, on February 15, 1960, adopt Resolution No. 698 approving an agreement between City and said District in conformity with the aforesaid conditions; NOW, THEREFORE, it is mutually agreed by and between the parties hereto as follows: 1. City- shall pay to District the following sum upon demand of District, to wit: the sum in excess of One Hundred Fifty Thousand ($150,000.00) Dollars of actual cost of the hereinafter described portion of the Gisler trunk sewer, but in no event shall said sum exceed Thirty-five Thousand ($35,000.00) -1- Dollars, it being understood and agreed that said City funds shall be used only in the event said construction cost exceeds Ono Hundred Fifty Thousand ($150,000.00) Dollars. 2. That District will construct, or have conStructed, a trunk sewer as. described in the Engineer's Report (Sanitation District No. 7) adopted September 16, 1959, extending between the northerly extension of Babb Street, westerly to College Avenue, together with a pumping plant at College Avenue, and force main running south along College Avenue to a trunk sewer belonging to County Sanitation District No. 6 in Baker Street, which connects to County Sanitation District Treatment Plant No. 1 by means of the thirty- nine (39") inch trunk sewer siphon under the Santa Ana River. . 3. All the provisions of that certain agreement between County Sanitation District No. 7 and Costa Mesa Sanitary District, dated January, 1960, are hereby incorporated and by this reference made a part of this agreement.. 1 . Upon completion of said construction of said facilities above . described, City shall own a percentage of the aforesaid trunk sewer running between the northerly extension of Babb Street and College Avenue, computed as follows: the amount that the City's contribution bears to Fifty Thousand 050,000.00) Dollars, and using 37.5% as the total interest of ownership involved. It is agreed that the ultimate purpose and intent of the parties hereto is that District shall buy all of the interest in the aforesaid trunk sewer owned by City, and in turn, Sanitation District No. 7 shall buy and own all of the interest in the aforesaid trunk sewer owned by District. 5. District hereby agrees to pay to City the amount paid by City on the cost of said project as above set forth. 6. The payments of money from District to City has hereinabove provided shall be made in accordance with the following schedule, or more rapidly at the option of District: commencing in the month of June next occurring after final completion of the construction of the trunk sewer and related sewer facilities the sum of Ten Thousand (010,000.00) Dollars, plus the sum of Ten Thousand (010,000.00) Dollars annually in June thereafter, -2-