1989-169 - Laserfiche WebLink

Home Browse Search

SERVICE AGREEMENT THIS SERVICE AGREEMENT ("Agreement") made and entered into this 13th day of aril CORALSTONE UTILITY COMPANY,— a Florida r1987,b corporation,and betgeen referred to as "Coralstone" Shereinafter Florida corporation, hereinafter SEreferredUTtoiTIES, INC., a Company as "Service WHEREAS, Coralstone is the holder of a franchise to operate a sanitary sewage system in Indian River County, Florida, issued to Consolidated Vista Development Corporation, cited as Coralstone Club Utility Company Wastewater System Franchise, pursuant to Resolution No. 86-49 of the County, in the franchise area described in said Resolution; and WHEREAS, Coralstone desires that the Service provide central sewage coil Company ection service for wastewater collected by Coralstone's sanitary sewage system herein described and is willing to accept treated effluent suitable for irrigation purposes as provided herein; and WHEREAS, the Service Company is willing to provide, in accordance with the provisions of this Agreement and Service Company's Uniform Sewer Service Policy, central sewer and effluent disposal services to Coralstone's sanitary sewage system and thereafter operate applicable facilities so Coralstone's sanitary sewage that system will receive an adequate sewage collection and disposal service from Service Company; NOW, THEREFORE, for and in consideration of premises, the mutual undertakings the and agreements herein contained and assumed, Coralstone and Service Company hereby covenant and agree as follows: 1. The foregoing statements are true and correct. 2. The following definitions and references are given for the purpose of interpreting the terms as used in this Agreement and apply unless the context indicates a different meaning: (a) "Consumer Installation" - All facilities ordinarily on the consumer's side of the point of delivery. (b) "Contribution -in -aid -of -Construction (CIAO " The sum of money and or the value of the property represented by the cost of the sewage collection and irrigation systems, including lift stations and treatment plants, constructed or to be constructed by Coralstone or owner, which Coralstone or owner transfers, or agrees to transfer, to Service Company at no cost to Service Company in order to induce Service Company to provide utility service to specified Property, Contribution -in -aid -of -construction (CIAC) does not include money required to be collected from Coralstone and paid to Indian River County for utility asset acquisition Purposes. (c) "Development Phase" - A subdivision or construction phase of the construction of utility facilities on the Property. J