2018-090 Resolution - Laserfiche WebLink

Home Browse Search

EXHIBIT E MUNICIPAL UTILITY DISTRICT AGREEMENT Between THE CITY OF CLEVELAND And THIS MUNICIPAL UTILITY DISTRICT AGREEMENT ("Agreement"), entered into pursuant fVSection 715.84Ofthe Ohio Revised Code ("R.[.") and Article XVIIl,Sections l4and h of the Ohio Constitution as of the _____ day of 2018 ("Effective Date"), by and between the City 0fCleveland, Ohio ("Cleveland"), pursuant to the authority ofOrdinance NO. 1683-00, passed by Cleveland City Council on October 30, ZOOb, and the ("Municipality"), pursuant to the authority of Ordinance No. , passed by the [OunU| on , 2018; Cleveland and (0z||e[t|Vp|y the "Parties") are nnuDiC}pa| corporations in, and political subdivisions Of, the State of Ohio (the "State'1, and duly organized and validly existing under the laws Ofthe State. 1. Cleveland provides a long-term, reliable Supply Ofhigh quality water service to political subdivisions in the region including that facilitates new and expanded commercial and industrial growth and strengthens the tax base for the benefit of residents. 2. The prOv|8|OO of Cleveland water facilitates economic development, creates and pr8S2n/eS jobs, improves property values, and advances the economic welfare of the inhabitants and businesses located within Cuyahoga County, ]. The provision of Cleveland water outside its borders may have negative economic iOnpd{1S for Cleveland through the |OS5 of economic development that may otherwise have occurred vViUliD Cleveland. 4. The Parties desire to work toward a regional economy focused on growth, innovation, and cooperative efforts, rather than competition amongst municipal neighbors within Cuyahoga County. 5. As part Of this regional approach, Cleveland is vvi||iOg to extend the Ltrnns of existing water service agreements with the Parties and assume ownership of the water distribution 3ySte[DS 0vvDSd by the Parties, thus relieving them of the financially burdensome responsibilities to perform capital repairs and replacements of the distribution systems. O. TO facilitate the transfer of ownership Of such distribution SyStCnnS, as well as cleaning, relining, maintenance, repair, and replacement responsibilities, the Parties have entered into e Restatement nfthe Water Service Agreement, dated as uf2018. 7. The Parties intend to enter into this Agreement to create and provide for the operation of 8 municipal utility district in accordance with R.C. 5715.84 for the purpose of facilitating new orexpanded growth for commercial Oreconomic development for the benefit of their residents and of the State.