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HomeMy Public PortalAbout1980_05_28_R059RESOLUTION NO. A RESOLUTION: TOWN OF LEESBURG IN LOUDOUN COUNTY, VIRGINIA PRESENTED May 28~ 1980 80-59 ADOPTED May 28, 1980 AUTHORIZING A NEW RATE FOR WATER PUMPED FROM THE PAXTON WELL WHEREAS, the Town of Leesburg and the Margaret Paxton Me- morial for Convalescent Children (the "Home") on June 1, 1963 entered into an agreement for the lease of rights to the water supply from a well on lands of the Home; and WHEREAS, the agreement provides for periodic negotiations between the Home and Town over the price paid for water; and WHEREAS, the Home and Town have negotiated a new price for water for the period beginning July 1, 1980: THEREFORE, RESOLVED by the Council 'of the Town of Leesburg, in Virginia, as follows: An amendment of the lease agreement dated June 1, 1963 be- tween the Town of Leesburg and the Margaret Paxton Memorial for Convalescent Children is authorized as follows: The Town after July 1, 1980 shall pay the Home as rent for all water pumped from the well the sum of $5,000.00 per year, to be paid in four equal quarterly installments, for the first 54,750,000 gallons pumped per year plus $0.12 per 1,000 gallons, to be paid on July 1 each year, for water pumped in excess of 54,750,000 gal- lons per year. -2- PASSED this 28th day of May , 1980. ATTEST: ollins, Mayor Town of Leesburg Clerk of C~ncil