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1 1 R consist of the sum of the following items, and will include all capital investment items from and including the well fields to the point of discharge of treated water at the clear well. a. 1962 replacement value as reported by Citys Consulting Engineers of all facilities on January 1, 1963. b. Capital investments in supply and treatment works between January 1, 1963 through 1972. e.* Capital invested under the Capital Improve- ment Program of 1972. Debt service will be computed as follows: The sum of a., b., and c., above shall be the principal sum from which the debt service will be calculated as a constant annual payment, 30 year basis at the weighted average interest rate of the Citys three outstanding water and sewer bond issues. For the purpose of establishing the annual operation and maintenance costs, such costs shall be extracted from the Citys annual audit and will consist of the sum of the following items. The items refer to the City account numbers as contained in its audit report: W500 through W522.11 One half of W523.2 and W524.1 W524.11 through W534.11 W540 through W552.23 One tenth of W920 through W930.14 B. BULK PRICE FOR SEWAGE TR.EATIMENT.AND DISPOSAL The basis for establishing a unit cost for receiving, treating and disposing of the Countys raw sewage will be identical to that for establishing a unit cost for bulk water sales, except for establishing the prix.' -4a1 amount of City obligations for sewage treatmeat and disposal and the operation and maintenance costs, ia- . eluding 110% multiplier. -7- For the purpose of establishing a principal amount for annual debt service computation, the val•ie of the City's sewage treatment and disposal facilities will consist of the sum of the following items, and will include all net capital investment Items from and inclu ding the treatment influent structure to the point of discharge of treated sewage at the outfall. 1. The capital Investment of the 1958 Capital Improvement Program less the PL660 grant funds received therefor. AND 2. Capital invested under the 1972 Capital Improvement Program less the PL660 grant funds received thereafter. AND 3. All other costs and/or investments reasonably attributable to the expense of the treatment of sewage. For the purpose of establishing the annual operation and maintenance costs. such costs shall be extracted from the City's annual audit and will consist of the sum of the following items. The items refer to the City account number as contained in its audit report. One tenth of WS920 through WS930.14 WS530 through WS538.24. C. ADVANCE F AY.ME\TS The County will deposit with the City an amount equal to the first monthly payment for buD water and sewage treatment sales. 10. ANNEX OR JLNNEXES TO THIS AGREEMENT The parth a hereto agree that this Agreement shall have force and effect. only when and if mutual agreement of the following matters sball be included In one or more annexes, appended hereto Construction schedules. Plant capacities to be reserved for the County. Rates of flow of withdrawal or delivery. Peak flow provisions. Standards of sewage acceptability. County ordinances and regulations governing use. and extensions of City and County facilities. 4- J ��I P ��