HomeMy WebLinkAboutPort of Pasco - PUD City of Pasco - Power Rates & Property Tax studyINTERLOCAL AGREEMENT
between
the Port of Pasco, City of Pasco and
the Public Utility District No. 1 of Franklin County
for
the Study of the Impacts to Power Rates and Property Tax
from an Economic Development Recruitment
This INTERLOCAL COOPERATIVE AGREEMENT ( "Agreement ") is entered as of the
date it is executed by the Parties, which consist of the Port of Pasco, a public body
corporate of the State of Washington, hereinafter "Port", the City of Pasco, a municipal
corporation of the State of Washington, hereinafter the "City ", and the Public Utility
District No. 1 of Franklin County, a public body corporate of the State of Washington
hereinafter "PUD", collectively referred to in this Agreement hereafter as the "Parties ".
Whereas, the Port and City are engaged in economic development activities which have the
potential for recruiting a private entity that could represent a large property tax payer as well as
a large consumer of power; and
Whereas, such an entity would have impacts to tax and rate payers within the jurisdictions of
the parties; and
Whereas, the parties seek to understand the implications of said potential recruitment; and
Whereas, the PUD is contracted with a consultant developing a rate case and the parties agree
that efficiencies can be gained if this consultant is retained for this study; and
Whereas, the Parties desire to enter into this agreement to define the responsibilities of the
Parties during this study;
Now therefore, in consideration of the mutual covenants contained herein, the Parties agree as
follows:
Section 1 — Purpose. The purpose of this Agreement is to formalize the responsibilities of the
Port, City and PUD during the study.
Section 2 — Administration. This Agreement will be administered by the Port. The Port will
enter into a separate contract with the PUD's consultant to perform this work. The Port will
provide copies of the report to the City and the PUD.
Section 3 — Funding. The Parties agree to equally share the costs associated with the study
provided the aggregate expense shall not exceed ten thousand dollars.
Section 4 — Modification. Except as set forth above, this Agreement may be terminated or
modified only by written consent of each Party signed hereto.
Section 5 — Term of Agreement and Termination. This Agreement is effective upon the
signature of all Parties and terminates on June 30, 2014.
Port of Pasco, City of Pasco and Franklin PUD Interlocal Agreement 1
Section 6 — Records. The records and documents associated with all matters covered by this
Agreement shall be owned by the Port and all non - privileged records and documents shall be
subject to inspection by any Party during the term of this Agreement.
Section 7 — No Separate Legal Entity. No new, separate administrative or legal entity is to be
established in association with this Agreement nor to conduct the cooperative undertaking
described herein.
Section 8 — Severability. In the event that any term or condition of this Agreement or
application thereof to any person, entity, or circumstance is held invalid; such invalidity shall not
effect any other terms, conditions, or applications of this Agreement which can be given effect
without the invalid term, condition, or application. To this end, the terms and conditions of this
Agreement are declared severable.
In Witness Whereof, the Parties have signed this Agreement as of the day and year written
below. ------
PASCO
C
andy ayden
Its: Exec Ive Dir for
Date:
APPR V�D A TO FORM:
PUBLIC UTILITY DISTRICT No. 1 OF
FRANKLIN COUNTY
6l"
By: Ed Brost
Its: Gener I Ma a e
Date: a8 /
APPROVED AS TO FORM:
AP VED AS TO FORM:
Port of Pasco, City of Pasco and Franklin PUD Interlocal Agreement 2