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4618-17 Approving Special Rate Agreement with I/N TEK, I/N KOTE LP
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4618-17 Approving Special Rate Agreement with I/N TEK, I/N KOTE LP
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Last modified
4/25/2017 4:37:21 PM
Creation date
3/3/2017 1:10:00 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
2/27/2017
Ord-Res Number
4618-17
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SPECIAL RATE AGREEMENT <br />Between <br />THE CITY OF SOUTH BEND INDIANA <br />"a <br />I/N TEK L.P., a Delaware Limited Partnership <br />0 <br />I/N KOTE L.P., a Delaware Limited Partnership <br />Regarding <br />WASTE WATER FEES <br />This Special Rate Agreement ( "Agreement ") is entered effective the 1" day of January, 2017, <br />by and between the City of South Bend, Indiana ( "City") acting by and through its Board of Public <br />Works ( "Board ") and I/N Tek L.P., a Delaware Limited Partnership & I/N Kote L.P., a Delaware <br />Limited Partnership (collectively "I /N Tek ") for the treatment of waste water. <br />WHEREAS, I/N Tek L.P. is currently a wastewater customer of the City and desires to <br />remain a wastewater customer of the City for the duration of this Agreement; and <br />WHEREAS I/N Kote, L.P. is a party to this Agreement as it is a joint operator with I/N <br />Tek L.P. who shares costs for the treatment of waste water provided by City and therefore has third <br />party rights under this Agreement; and <br />WHEREAS, the City desires to keep I/N Tek as a wastewater customer; and <br />WHEREAS, pursuant to Section 17 -29 of the City's Code, the City's Common Council <br />( "Common Council ") must approve this Agreement prior to it becoming effective; and <br />WHEREAS, in recognition of factors solely unique to I/N Tek, the City hereby <br />acknowledges the following comprehensive list of factors, when taken in aggregate, support the <br />justification of a special rate for wastewater services due to the public benefit received by the City: <br />a. I/N Tek has been a wastewater customer since May 30, 1989, <br />b. at an approximate cost of $8,700,000, which was funded through St. Joseph County TIF, <br />I/N Tek constructed two (2) dedicated wastewater sewer lines between 1989 -1991 from <br />its facility to the City's treatment center; <br />c. I/N Tek, at the City's request, constructed these two (2) wastewater sewer lines at a <br />location, depth and size which accommodated the City's interest in future City <br />development in the vicinity of the wastewater sewer lines, <br />
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