Costs for Water Supplied Sample Clauses

Costs for Water Supplied. TRW will charge MWI or a metropolitan district established by MWI for the support of the Future Development ("MWl's District"), for the raw water delivered at an initial water resource charge equal to $6,500.00 per SFE Tap (the "Water Resource Fee"), which calculation shall also apply for other non-residential uses. If TRW elects to treat the water and deliver potable water for the Future Development as contemplated herein, then TRW, in addition to the Water Resource Fee, shall be entitled to charge a development fee (the "Water Development Fee") calculated to amortize the capital costs to construct and provide the treatment facility and distribution system over its useful life, with a fair rate of return on that capital investment. TRW will notify MWI of its decision to either provide or not provide water treatment services within thirty (30) days from the date of the Water Service Request from MWI. The Water Resource Fee and the Water Development Fee shall be due and payable at the time of an application for a building permit for a structure based on the number of SFE Taps to be required for that new structure within the Future Development. If TRW elects not to treat and distribute water to the Future Development, MWI will be entitled to do so with that activity not constituting a breach of this Agreement or any covenant not to compete, in which case TRW will still provide the raw water to the Future Development and shall be entitled to the Water Resource Fee (but not the Water Development Fee) in accordance with this Paragraph 3.
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Related to Costs for Water Supplied

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