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HomeMy Public PortalAboutLettersCity of McCall OFFICE OF THE CLERK BOX 1065 MCCALL, IDAHO 83638 TO: Larry Chalfant, Public Works Director' Bob Hammons, City Treasurer FROM: Bud Schmidt, City Administrator DATE: April 15, 1987 RE: Payette Lakes Water & Sewer District Agreements (Dienhard Lane and Fifth Amendment) Attached herewith are copies of the above referenced agree— ments for your information and files. Larry — Will you be responsible to see that the Purchase Orders are issued to pay costs in a timely way for both agreements. Also, I ask that you prepare a letter and a list of persons who will be required to hook—up to the Dienhard Lane Line to me as soon as possible. Bob — Please be certain that these bills get paid promptly. These agreements authorize payments as noted. /--� ,.....----40121P- Ted Whiteman Page Two November 14, 1988 to but that is self-explanatory as set out in the original Exhibit B. Best regards, KILLEN, PITTENGERERRICK, P.A. William M. Killen WMK/ch enc. Payette Lakes Water and Sewer District P.O. Box 1566 McCall, Idaho 83638 (208) 634-4111 November 17, 1988 Arthur J. Schmidt City Administrator City of McCall P.O. Box 1065 McCall, ID. 83638 Dear Bud: As per our conversation the Deinhard Lane Sewer Line agreement has been examined and amended with regard to the recent installation of the diver- sion structure on the Payette Lakes Water & Sewer District sewer line located near Mission Road along Deinhard Lane. It is the Payette Lakes Water & Sewer District's understanding that the structure is operational and has been accepted by the City's Engineer. At my request, Mr. Bill Killen has recalculated the buy -in figure using the same criteria as was used in the original agreement but with less line to be utilized. Please find the enclosed copy of correspondence. The new figure to be paid to the Payette Lakes Water & Sewer District by the City of McCall is $558.61 per month which is revised down from $1,000.93 which was the previous amount. If you have any questions concerning this amended agreement, please contact our office. Sincerely, R. Ted Whi.eman District Coordinator RTW:dc encl. William M. Killen Gregory C. Pittenger Carl B. Kerrick Law Offices of KILLEN AND PITTENGER, P.A. 200 East Park St. P.O. Box A.O. McCall, Idaho 83638 November 14, 1988 Ted Whiteman, Administrator Payette Lakes Water & Sewer District P. 0. Box 1566 McCall, Idaho 83638 Re: Deinhard Lane Allocation/Post Diversion Dear Ted: Telephone: 634-7118 Area Code: 208 I pulled my file at your request and reviewed the effect of the Mission Street diversion on the lease costs to the city for the use of that line. As set forth in Exhibit B to the Deinhard Lane Sewer Allocation Agreement the diversion at Mission Street produces an adjusted buy -in figure of $65,643.00. (That 5 was a typo.) Assuming payments have been made from May of 1987 through October of 1988, namely a total of 18 payments against that schedule, the amount of those payments applicable to principal reduction would be $5,680.45. Further, the amount of that principal reduction allocable from Mission west, namely, 43% based upon our earlier estimates, would be $2,442.59, leaving a credit to be applied to the buy -in figure of $3,237.86, or a net buy -in of $62,405.14. That figure amortized over the remaining 222 months of the term at prime, less a point and one-half, namely, 8-1/2%,produces a new monthly figure of $558.61 to be paid commencing November of 1988. Let me know if you need any further information or explanation with respect to the above. I note that the post diversion operating and maintenance formula changes slightly City of ' McGag OFFICE OF THE CLERK BOX 1065 MCCALL, IDAHO 83638 November 25, 1988 Ted Whiteman, Administrator Payette Lakes Water and Sewer District P.O. Box 1566 McCall, Idaho 83638 Dear Ted: Attorney Killen's letter of November 14, 1988 was reviewed by the city staff and by the City Council on November 21, 1988. This letter is to confirm that the October 1988, installed a diversion device as anticipated by the "Deinhard Lane Sewer Line Allocation Agreement" dated March 21,1987, between the City and the District. Plans for the project were submitted to and approved by the District prior to constriction as the agreement required. In his letter, your attorney has identified the relevant costs for the diversion and this letter acknowledges those as the relevant costs, namely a monthly payments beginning November 1988 of $558.61 and a net buy -in of $62,405.14. I trust this letter will confirm the execution in full of the diversion portions of our agreement. We truly appreciate your help and cooperation in this project. Sincerely, 1�. Arthur J. Schmidt City Administrator sm