Common use of Apportionment of Reductions among Urban Contractors Clause in Contracts

Apportionment of Reductions among Urban Contractors. Reductions in annual charges apportioned to Urban Contractors under subdivisions (d) and (e) of this article shall be further allocated among Urban Contractors pursuant to this subdivision. The amount of reduction of annual charges for each Urban Contractor shall be based on each Urban Contractor’s proportionate share of total allocated capital costs as calculated below, for both project conservation and project transportation facilities, repaid by all Urban Contractors over the project repayment period. (1) The conservation capital cost component of the reduction allocation shall be apportioned on the basis of maximum annual entitlement. Each Urban Contractor’s proportionate share shall be the same as the percentage of that contractor’s maximum annual entitlement to the total of all Urban Contractors’ maximum annual entitlements. (2) The transportation capital cost component of the reduction allocation shall be apportioned on the basis of transportation capital cost component repayment obligations, including interest over the project repayment period. Each Urban Contractor’s proportionate share shall be the same as the percentage that the contractor’s total transportation capital cost component repayment obligation is of the total of all Urban Contractors’ transportation capital cost component repayment obligations. (i) Recalculations shall be made annually through the year 1999. Beginning in the year 2000 recalculations shall be made every five years unless an Urban Contractor requests a recalculation for an interim year and does so by a request in writing delivered to the Department by January 1 of the year in which the recalculation is to take place. (ii) The transportation capital cost component repayment obligations, for purposes of this Article 51(f), shall be based in the year of recalculation on the then most recent Department of Water Resources Bulletin 132, Table B-15, “Capital Cost Component of Transportation Charge for Each Contractor,” or its equivalent, excluding any costs or entitlement associated with transfers of entitlement from Agricultural Contractors pursuant to Article 53. (3) To reflect the relative proportion of the conservation capital cost component and the transportation capital cost component to the total of all capital cost repayment obligations, the two cost components shall be weighted as follows: (i) The conservation capital cost component shall be weighted with a thirty percent (30%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s percentage of maximum annual entitlements as calculated in subdivision (f)(1) of this article by thirty percent (30%). (ii) The transportation capital cost component shall be weighted with a seventy percent (70%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s percentage of transportation capital cost component repayment obligations as calculated in subdivision (f)(2) of this article by seventy percent (70%). (iii) A total, weighted capital cost percentage shall be calculated for each Urban Contractor by adding the weighted conservation capital cost component percentage to their weighted transportation capital cost component percentage. (4) The total amount of the annual charges to be reduced to Urban Contractors in each year shall be allocated among them by multiplying the total amount of annual charges to be reduced to the Urban Contractors by the total, weighted capital cost percentages for each such contractor. If the amount of the reduction to an Urban Contractor is in excess of that contractor’s payment obligation to the Department for that year, such excess shall be reallocated among the other Urban Contractors. (5) In the case of a permanent transfer of urban entitlement, the proportionate share of annual charge reductions associated with that entitlement shall be transferred with the entitlement to the buying contractor. In the case of an entitlement transfer by either Santa Xxxxxxx County Flood Control and Water Conservation District or San Xxxx Obispo County Flood Control and Water Conservation District, the reductions in annual charges to that agency shall be allocated (a) on the basis of that entitlement being retained by that agency which bears Coastal Branch Phase II transportation costs, (b) on the basis of that entitlement being retained by that agency which does not bear Coastal Branch Phase II transportation costs, and (c) on the basis of the balance of that agency’s entitlement which also does not bear Coastal Branch Phase II transportation costs.

Appears in 28 contracts

Samples: Water Supply Contract, Water Supply Contract, Water Supply Contract

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Apportionment of Reductions among Urban Contractors. Reductions in annual charges apportioned to Urban Contractors under subdivisions subdivision (d) and (e) of this article shall be further allocated among Urban Contractors pursuant to this subdivision. The amount of reduction of annual charges for each Urban Contractor shall be based on each Urban Contractor’s 's proportionate share of total allocated capital costs as calculated below, for both project conservation and project transportation facilities, repaid by all Urban Contractors over the project repayment period. (1) The conservation capital cost component of the reduction allocation shall be apportioned on the basis of maximum annual entitlementTable A amount. Each Urban Contractor’s 's proportionate share shall be the same as the percentage of that contractor’s Contractor's maximum annual entitlement Table A amount to the total of all Urban Contractors' maximum annual entitlements.Table A. (2) The transportation capital cost component of the reduction allocation shall be apportioned on the basis of transportation capital cost component repayment obligations, including interest over the project repayment period. Each Urban Contractor’s 's proportionate share shall be the same as the percentage that the contractor’s Contractor's total transportation capital cost component repayment obligation is of the total of all Urban Contractors' transportation capital cost component repayment obligations. (i) Recalculations shall be made annually through the year 1999. Beginning in the year 2000 recalculations shall be made every five years unless an Urban Contractor requests a recalculation for an interim year and does so by a request in writing delivered to the Department by January 1 of the year in which the recalculation is to take place. (ii) The transportation capital cost component repayment obligations, for purposes of this Article 51(f), shall be based in the year of recalculation on the then most recent Department of Water Resources Bulletin 132, Table B-15, "Capital Cost Component of Transportation Charge for Each Contractor," or its equivalent, excluding any costs or entitlement Table A amount associated with transfers of entitlement Table A amounts from Agricultural Contractors pursuant to Article 53. (3) To reflect the relative proportion of the conservation capital cost component and the transportation capital cost component to the total of all capital cost repayment obligations, the two cost components shall be weighted as follows: (i) The conservation capital cost component shall be weighted with a thirty percent (30%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s 's percentage of maximum annual entitlements Table A Amounts as calculated in subdivision (f)(1) of this article by thirty percent (30%). (ii) The transportation capital cost component shall be weighted with a seventy percent (70%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s 's percentage of transportation capital cost component repayment obligations as calculated in subdivision (f)(2) of this article by seventy percent (70%). (iii) A total, weighted capital cost percentage shall be calculated for each Urban Contractor by adding the weighted conservation capital cost component percentage to their weighted transportation capital cost component percentage. (4) The total amount of the annual charges to be reduced to Urban Contractors in each year shall be allocated among them by multiplying the total amount of annual charges to be reduced to the Urban Contractors by the total, weighted capital cost percentages for each such contractorContractor. If the amount of the reduction to an Urban Contractor is in excess of that contractor’s Contractor's payment obligation to the Department for that year, such excess shall be reallocated among the other Urban Contractors. (5) In the case of a permanent transfer of urban entitlementTable A amounts, the proportionate share of annual charge reductions associated with that entitlement Table A amount shall be transferred with the entitlement Table A amount to the buying contractorContractor. In the case of an entitlement Table A amount transfer by either Santa Xxxxxxx County Flood Control and Water Conservation District or San Xxxx Obispo County Flood Control and Water Conservation District, the reductions in annual charges to that agency shall be allocated (a) on the basis of that entitlement Table A amount being retained by that agency which bears Coastal Branch Phase II transportation costs, (b) on the basis of that entitlement Table A amount being retained by that agency which does not bear Coastal Branch Phase II transportation costs, and (c) on the basis of the balance of that agency’s entitlement 's Table A amount which also does not bear Coastal Branch Phase II transportation costs.

Appears in 18 contracts

Samples: Water Supply Contract, Water Supply Contract, Water Supply Contract

Apportionment of Reductions among Urban Contractors. Reductions in annual charges apportioned to Urban Contractors under subdivisions subdivision (d) and (e) of this article shall be further allocated among Urban Contractors pursuant to this subdivision. The amount of reduction of annual charges for each Urban Contractor shall be based on each Urban Contractor’s 's proportionate share of total allocated capital costs as calculated below, for both project conservation and project transportation facilities, repaid by all Urban Contractors over the project repayment period. (1) The conservation capital cost component of the reduction allocation shall be apportioned on the basis of maximum annual entitlementTable A amount. Each Urban Contractor’s 's proportionate share shall be the same as the percentage of that contractor’s Contractor's maximum annual entitlement Table A amount to the total of all Urban Contractors' maximum annual entitlements.Table A. (2) The transportation capital cost component of the reduction allocation shall be apportioned on the basis of transportation capital cost component repayment obligations, including interest over the project repayment period. Each Urban Contractor’s 's proportionate share shall be the same as the percentage that the contractor’s Contractor's total transportation capital cost component repayment obligation is of the total of all Urban Contractors' transportation capital cost component repayment obligations. (i) Recalculations shall be made annually through the year 1999. Beginning in the year 2000 recalculations shall be made every five years unless an Urban Contractor requests a recalculation for an interim year and does so by a request in writing delivered to the Department by January 1 of the year in which the recalculation is to take place. (ii) The transportation capital cost component repayment obligations, for purposes of this Article 51(f), shall be based in the year of recalculation on the then most recent Department of Water Resources Bulletin 132, Table B-15, "Capital Cost Component of Transportation Charge for Each Contractor," or its equivalent, excluding any costs or entitlement Table A amount associated with transfers of entitlement Table A amounts from Agricultural Contractors pursuant to Article 53. (3) To reflect the relative proportion of the conservation capital cost component and the transportation capital cost component to the total of all capital cost repayment obligations, the two cost components shall be weighted as follows: (i) The conservation capital cost component shall be weighted with a thirty percent (30%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s 's percentage of maximum annual entitlements Table A Amounts as calculated in subdivision (f)(1) of this article by thirty percent (30%). (ii) The transportation capital cost component shall be weighted with a seventy percent (70%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s 's percentage of transportation capital cost component repayment obligations as calculated in subdivision (f)(2) of this article by seventy percent (70%). (iii) A total, weighted capital cost percentage shall be calculated for each Urban Contractor by adding the weighted conservation capital cost component percentage to their weighted transportation capital cost component percentage. (4) The total amount of the annual charges to be reduced to Urban Contractors in each year shall be allocated among them by multiplying the total amount of annual charges to be reduced to the Urban Contractors by the total, weighted capital cost percentages for each such contractorContractor. If the amount of the reduction to an Urban Contractor is in excess of that contractor’s Contractor's payment obligation to the Department for that year, such excess shall be reallocated among the other Urban Contractors. (5) In the case of a permanent transfer of urban entitlementTable A amounts, the proportionate share of annual charge reductions associated with that entitlement Table A amount shall be transferred with the entitlement Table A amount to the buying contractorContractor. In the case of an entitlement Table A amount transfer by either Santa Xxxxxxx Barbara County Flood Control and Water Conservation District or San Xxxx Obispo County Flood Control and Water Conservation District, the reductions in annual charges to that agency shall be allocated (a) on the basis of that entitlement Table A amount being retained by that agency which bears Coastal Branch Phase II transportation costs, (b) on the basis of that entitlement Table A amount being retained by that agency which does not bear Coastal Branch Phase II transportation costs, and (c) on the basis of the balance of that agency’s entitlement 's Table A amount which also does not bear Coastal Branch Phase II transportation costs.

Appears in 3 contracts

Samples: Water Supply Contract, Water Supply Contract, Water Supply Contract

Apportionment of Reductions among Urban Contractors. Reductions in annual charges apportioned to Urban Contractors under subdivisions subdivision (d) and (e) of this article shall be further allocated among Urban Contractors pursuant to this subdivision. The amount of reduction of annual charges for each Urban Contractor shall be based on each Urban Contractor’s 's proportionate share of total allocated capital costs as calculated below, for both project conservation and project transportation facilities, repaid by all Urban Contractors over the project repayment period. (1) The conservation capital cost component of the reduction allocation shall be apportioned on the basis of maximum annual entitlementTable A amount. Each Urban Contractor’s 's proportionate share shall be the same as the percentage of that contractor’s 's maximum annual entitlement Table A amount to the total of all Urban Contractors' maximum annual entitlements.Table A. (2) The transportation capital cost component of the reduction allocation shall be apportioned on the basis of transportation capital cost component repayment obligations, including interest over the project repayment period. Each Urban Contractor’s 's proportionate share shall be the same as the percentage that the contractor’s 's total transportation capital cost component repayment obligation is of the total of all Urban Contractors' transportation capital cost component repayment obligations. (i) Recalculations shall be made annually through the year 1999. Beginning in the year 2000 recalculations shall be made every five years unless an Urban Contractor requests a recalculation for an interim year and does so by a request in writing delivered to the Department by January 1 of the year in which the recalculation is to take place. (ii) The transportation capital cost component repayment obligations, for purposes of this Article 51(f), shall be based in the year of recalculation on the then most recent Department of Water Resources Bulletin 132, Table B-15, "Capital Cost Component of Transportation Charge for Each Contractor," or its equivalent, excluding any costs or entitlement Table A amount associated with transfers of entitlement Table A amounts from Agricultural Contractors pursuant to Article 53. (3) To reflect the relative proportion of the conservation capital cost component and the transportation capital cost component to the total of all capital cost repayment obligations, the two cost components shall be weighted as follows: (i) The conservation capital cost component shall be weighted with a thirty percent (30%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s 's percentage of maximum annual entitlements Table A Amounts as calculated in subdivision (f)(1) of this article by thirty percent (30%). (ii) The transportation capital cost component shall be weighted with a seventy percent (70%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s 's percentage of transportation capital cost component repayment obligations as calculated in subdivision (f)(2) of this article by seventy percent (70%). (iii) A total, weighted capital cost percentage shall be calculated for each Urban Contractor by adding the weighted conservation capital cost component percentage to their weighted transportation capital cost component percentage. (4) The total amount of the annual charges to be reduced to Urban Contractors in each year shall be allocated among them by multiplying the total amount of annual charges to be reduced to the Urban Contractors by the total, weighted capital cost percentages for each such contractor. If the amount of the reduction to an Urban Contractor is in excess of that contractor’s 's payment obligation to the Department for that year, such excess shall be reallocated among the other Urban Contractors. (5) In the case of a permanent transfer of urban entitlementTable A amounts, the proportionate share of annual charge reductions associated with that entitlement Table A amount shall be transferred with the entitlement Table A amount to the buying contractor. In the case of an entitlement Table A amount transfer by either Santa Xxxxxxx County Flood Control and Water Conservation District or San Xxxx Obispo County Flood Control and Water Conservation District, the reductions in annual charges to that agency shall be allocated (a) on the basis of that entitlement Table A amount being retained by that agency which bears Coastal Branch Phase II transportation costs, (b) on the basis of that entitlement Table A amount being retained by that agency which does not bear Coastal Branch Phase II transportation costs, and (c) on the basis of the balance of that agency’s entitlement 's Table A amount which also does not bear Coastal Branch Phase II transportation costs.

Appears in 2 contracts

Samples: Water Supply Contract, Water Supply Contract

Apportionment of Reductions among Urban Contractors. Reductions in annual charges apportioned to Urban Contractors under subdivisions (d) and (e) of this article shall be further allocated among Urban Contractors pursuant to this subdivision. The amount of reduction of annual charges for each Urban Contractor shall be based on each Urban Contractor’s proportionate share of total allocated capital costs as calculated below, for both project conservation and project transportation facilities, repaid by all Urban Contractors over the project repayment period. (1) The conservation capital cost component of the reduction allocation shall be apportioned on the basis of maximum annual entitlement. Each Urban Contractor’s proportionate share shall be the same as the percentage of that contractor’s maximum annual entitlement to the total of all Urban Contractors’ maximum annual entitlements. (2) The transportation capital cost component of the reduction allocation shall be apportioned on the basis of transportation capital cost component repayment obligations, including interest over the project repayment period. Each Urban Contractor’s proportionate share shall be the same as the percentage that the contractor’s total transportation capital cost component repayment obligation is of the total of all Urban Contractors’ transportation capital cost component repayment obligations. (i) Recalculations shall be made annually through the year 1999. Beginning in the year 2000 recalculations shall be made every five years unless an Urban Contractor requests a recalculation for an interim year and does so by a request in writing delivered to the Department by January 1 of the year in which the recalculation is to take place. (ii) The transportation capital cost component repayment obligations, for purposes of this Article 51(f51 (f), shall be based in the year of recalculation on the then most recent Department of Water Resources Bulletin 132, Table B-15, “Capital Cost Component of Transportation Charge for Each Contractor,” or its equivalent, excluding any costs or entitlement associated with transfers of entitlement from Agricultural Contractors pursuant to Article 53. (3) To reflect the relative proportion of the conservation capital cost component and the transportation capital cost component to the total of all capital cost repayment obligations, the two cost components shall be weighted as follows: (i) The conservation capital cost component shall be weighted with a thirty percent (30%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s percentage of maximum annual entitlements as calculated in subdivision (f)(1) of this article by thirty percent (30%). (ii) The transportation capital cost component shall be weighted with a seventy percent (70%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s percentage of transportation capital cost component repayment obligations as calculated in subdivision (f)(2) of this article by seventy percent (70%). (iii) A total, weighted capital cost percentage shall be calculated for each Urban Contractor by adding the weighted conservation capital cost component percentage to their weighted transportation capital cost component percentage. (4) The total amount of the annual charges to be reduced to Urban Contractors in each year shall be allocated among them by multiplying the total amount of annual charges to be reduced to the Urban Contractors by the total, weighted capital cost percentages for each such contractor. If the amount of the reduction to an Urban Contractor is in excess of that contractor’s payment obligation to the Department for that year, such excess shall be reallocated among the other Urban Contractors. (5) In the case of a permanent transfer of urban entitlement, the proportionate share of annual charge reductions associated with that entitlement shall be transferred with the entitlement to the buying contractor. In the case of an entitlement transfer by either Santa Xxxxxxx County Flood Control and Water Conservation District or San Xxxx Obispo County Flood Control and Water Conservation District, the reductions in annual charges to that agency shall be allocated (a) on the basis of that entitlement being retained by that agency which bears Coastal Branch Phase II transportation costs, (b) on the basis of that entitlement being retained by that agency which does not bear Coastal Branch Phase II transportation costs, and (c) on the basis of the balance of that agency’s entitlement which also does not bear Coastal Branch Phase II transportation costs.

Appears in 1 contract

Samples: Water Supply Contract

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Apportionment of Reductions among Urban Contractors. Reductions in annual charges apportioned to Urban Contractors under subdivisions (d) and (e) of this article shall be further allocated among Urban Contractors pursuant to this subdivision. The amount of reduction of annual charges for each Urban Contractor shall be based on each Urban Contractor’s proportionate share of total allocated capital costs as calculated below, for both project conservation and project transportation facilities, repaid by all Urban Contractors over the project repayment period. (1) The conservation capital cost component of the reduction allocation shall be apportioned on the basis of maximum annual entitlement. Each Urban Contractor’s proportionate share shall be the same as the percentage of that contractor’s maximum annual entitlement to the total of all Urban Contractors’ maximum annual entitlements. (2) The transportation capital cost component of the reduction allocation shall be apportioned on the basis of transportation capital cost component repayment obligations, including interest over the project repayment period. Each Urban Contractor’s proportionate share shall be the same as the percentage that the contractor’s total transportation capital cost component repayment obligation is of the total of all Urban Contractors’ transportation capital cost component repayment obligations. (i) Recalculations shall be made annually through the year 1999. Beginning in the year 2000 recalculations shall be made every five years unless an Urban Contractor requests a recalculation for an interim year and does so by a request in writing delivered to the Department by January 1 of the year in which the recalculation is to take place. (ii) The transportation capital cost component repayment obligations, for purposes of this Article 51(f), shall be based in the year of recalculation on the then most recent Department of Water Resources Bulletin 132, Table B-15, “Capital Cost Component of Transportation Charge for Each Contractor,” or its equivalent, excluding any costs or entitlement associated with transfers of entitlement from Agricultural Contractors pursuant to Article 53. (3) To reflect the relative proportion of the conservation capital cost component and the transportation capital cost component to the total of all capital cost repayment obligations, the two cost components shall be weighted as follows: (i) The conservation capital cost component shall be weighted with a thirty percent (30%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s percentage of maximum annual entitlements as calculated in subdivision (f)(1) of this article by thirty percent (30%). (ii) The transportation capital cost component shall be weighted with a seventy percent (70%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s percentage of transportation capital cost component repayment obligations as calculated in subdivision (f)(2) of this article by seventy percent (70%). (iii) A total, weighted capital cost percentage shall be calculated for each Urban Contractor by adding the weighted conservation capital cost component percentage to their weighted transportation capital cost component percentage. (4) The total amount of the annual charges to be reduced to Urban Contractors in each year shall be allocated among them by multiplying the total amount of annual charges to be reduced to the Urban Contractors by the total, weighted capital cost percentages for each such contractor. If the amount of the reduction to an Urban Contractor is in excess of that contractor’s payment obligation to the Department for that year, such excess shall be reallocated among the other Urban Contractors. (5) In the case of a permanent transfer of urban entitlement, the proportionate share of annual charge reductions associated with that entitlement shall be transferred with the entitlement to the buying contractor. In the case of an entitlement transfer by either Santa Xxxxxxx County Flood Control and Water Conservation District or San Xxxx Obispo County Flood Control and Water Conservation District, the reductions in annual charges to that agency shall be allocated (a) on the basis of that entitlement being retained by that agency which bears Coastal Branch Phase II transportation costs, (b) on the basis of that entitlement being retained by that agency which does not bear Coastal Branch Phase II transportation costs, and (c) on the basis of the balance of that agency’s entitlement which also does not bear Coastal Branch Phase II transportation costs.

Appears in 1 contract

Samples: Water Supply Contract

Apportionment of Reductions among Urban Contractors. Reductions in annual charges apportioned to Urban Contractors under subdivisions (d) and (e) of this article shall be further allocated among Urban Contractors pursuant to this subdivision. The amount of reduction of annual charges for each Urban Contractor shall be based on each Urban Contractor’s proportionate share of total allocated capital costs as calculated below, for both project conservation and project transportation facilities, repaid by all Urban Contractors over the project repayment period. (1) The conservation capital cost component of the reduction allocation shall be apportioned on the basis of maximum annual entitlement. Each Urban Contractor’s proportionate share shall be the same as the percentage of that contractor’s maximum annual entitlement to the total of all Urban Contractors’ maximum annual entitlements. (2) The transportation capital cost component of the reduction allocation shall be apportioned on the basis of transportation capital cost component repayment obligations, including interest over the project repayment period. Each Urban Contractor’s proportionate share shall be the same as the percentage that the contractor’s total transportation capital cost component repayment obligation is of the total of all Urban Contractors’ transportation capital cost component repayment obligations. (i) Recalculations shall be made annually through the year 1999. Beginning in the year 2000 recalculations shall be made every five years unless an Urban Contractor requests a recalculation for an interim year and does so by a request in writing delivered to the Department by January 1 of the year in which the recalculation is to take place. (ii) The transportation capital cost component repayment obligations, for purposes of this Article 51(f), shall be based in the year of recalculation on the then most recent Department of Water Resources Bulletin 132, Table B-15, “Capital Cost Component of Transportation Charge for Each Contractor,” or its equivalent, excluding any costs or entitlement associated with transfers of entitlement from Agricultural Contractors pursuant to Article 53. (3) To reflect the relative proportion of the conservation capital cost component and the transportation capital cost component to the total of all capital cost repayment obligations, the two cost components shall be weighted as follows: (i) The conservation capital cost component shall be weighted with a thirty percent (30%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s percentage of maximum annual entitlements as calculated in subdivision (f)(1) of this article by thirty percent (30%). (ii) The transportation capital cost component shall be weighted with a seventy percent (70%) factor. The weighting shall be accomplished by multiplying each Urban Contractor’s percentage of transportation capital cost component repayment obligations as calculated in subdivision (f)(2) of this article by seventy percent (70%). (iii) A total, weighted capital cost percentage shall be calculated for each Urban Contractor by adding the weighted conservation capital cost component percentage to their weighted transportation capital cost component percentage. (4) The total amount of the annual charges to be reduced to Urban Contractors in each year shall be allocated among them by multiplying the total amount of annual charges to be reduced to the Urban Contractors by the total, weighted capital cost percentages for each such contractor. If the amount of the reduction to an Urban Contractor is in excess of that contractor’s payment obligation to the Department for that year, such excess shall be reallocated among the other Urban Contractors. (5) In the case of a permanent transfer of urban entitlement, the proportionate share of annual charge reductions associated with that entitlement shall be transferred with the entitlement to the buying contractor. In the case of an entitlement transfer by either Santa Xxxxxxx Barbara County Flood Control and Water Conservation District or San Xxxx Obispo County Flood Control and Water Conservation District, the reductions in annual charges to that agency shall be allocated (a) on the basis of that entitlement being retained by that agency which bears Coastal Branch Phase II transportation costs, (b) on the basis of that entitlement being retained by that agency which does not bear Coastal Branch Phase II transportation costs, and (c) on the basis of the balance of that agency’s entitlement which also does not bear Coastal Branch Phase II transportation costs.

Appears in 1 contract

Samples: Water Supply Contract

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