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HomeMy WebLinkAbout4/16/2007 - Adopted Board Records ~ Franklin County I WESTERN VIRGINIA WATER AUTHORITY A JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF FRANKLIN COUNTY, VIRGINIA, THE BOARD OF SUPERVISORS OF ROANOKE COUNTY, VIRGINIA AND THE BOARD OF DIRECTORS OF THE WESTERN VIRGINIA WATER AUTHORITY The 16th day of April, 2007. lVa. R-041601-1 A RESOLUTION authorizing representatives of Franklin County, Roanoke County and the Western Virginia Water Authority to continue their discussions as to the development of an extension of the water distribution system of the Authority (the "Water Line Extension") from the current termination point of the Authority's water distribution system at the entrance of Sun Crest Heights Subdivision on Route 220 south along the Virginia State Route 220 right of way across the Roanoke-Franklin County line to the Franklin County area of Wirtz Plateau. WHEREAS, the Board of Supervisors of Franklin County, Virginia ("Franklin County"), the Board of Supervisors of Roanoke County, Virginia ("Roanoke County") and the Board of Directors of the Western Virginia Water Authority (the "Authority") have determined concurrently that it is in the best interests of the citizens of Franklin County and of Roanoke County that the Authority extend its water distribution system from the current termination point of the Authority's water distribution system at the entrance of Sun Crest Heights Subdivision on Route 220 south along the Virginia State Route 220 right of way across the Roanoke-Franklin County line to the Franklin County area of Wirtz Plateau, pursuant to the provisions of the Virginia Water and Waste Authorities Act, Chapter 51, Title 15.2 of the 1950 Code of Virginia, as amended ("the Act"). NOW, THEREFORE, BE IT JOINTLY RESOLVED by the Board of Supervisors of Franklin County, Virginia, the Board of Supervisors of Roanoke County, Virginia and the Board of Directors of the Western Virginia water Authority, as follows: 1. Approval in Principle of the Water Line Extension. The Boards do each hereby jointly approve in principle the Water Line Extension with the following parameters: A. The cost of the Water Line Extension shall be shared proportionately between the jurisdictions based on the length of the Water Line Extension in the respective jurisdictions. The parties anticipate that the Authority will issue bonds to finance the Water Line Extension, and that the Counties will contribute to their respective portions of the annual debt service paid to the Authority annually over the term of the bond issue, and that the bond issue will be secured by the respective proportionate moral obligations of Franklin County and of Roanoke County. B. All customers connecting to the Water Line Extension shall be customers of the Authority and will be responsible for the Authority's connection, availability and other fees as well as the published rate for their particular jurisdiction, i.e. Roanoke County customers shall pay the Authority's published rates, Franklin County customers shall pay Franklin County's published rates for water service. C. The Water Line Extension and any extensions thereto shall be owned and operated by the Authority except that Franklin County shall retain ownership of the water line extension until construction is complete and all obligations regarding the State and Tribal Grant (STAG) Program have been satisfied. 2 D. In the event of an emergency or usage restrictions imposed by the Authority, all customers of the Authority will be treated equally. E. The jurisdictions will mutually agree on the other terms and conditions of the construction, financing and operation of the Water Line Extension. 2. Action to Be Taken. The appropriate officers of Franklin County, Roanoke County and the Authority shall take all action necessary or convenient to negotiate an agreement among the jurisdictions and otherwise plan the development, financing and construction of the Water Line Extension; provided however, that no jurisdiction shall be legally bound until it has explicitly approved the terms and conditions of the agreement to be developed by its officers. 3. Effective immediately, This resolution shall take effect immediately upon its adoption. A~~~ Supervisors, Franklin County, Virginia ~ ~. dJrkv Secretary, Board of Supervisors, Roanoke County, Virginia Y!F!i;L~ Secretary, Board of Directors, Western Virginia Water Authority 3