<Option to Cease In-Lieu Payment. > In 2005 and thereafter, in its sole discretion, the District may opt to cease paying the In Lieu fee thereby reducing the District’s delivery capability and storage capability associated with the 15,000 acre-feet of entitlement in the South Bay Aqueduct and Lake Del Valle by sending to the State a Notice of Intent to Cease In Lieu Payment and referencing this Amendment 20, at least six months prior to ceasing payments. The State agrees not to contract with any other entity for use of the South Bay Aqueduct and Lake Del Valle associated with the Future Contractor Share, prior to the receipt of the District’s Notice of Intent to Cease In Lieu Payments, without the District’s prior written consent. If the District sends the Notice of Intent, the In Lieu fees paid are not refundable and shall not be used to offset the District’s other obligations, except as provided in subdivision 5 of this Article 53(e), or except if the District wishes to resume such payments, and enters into a separate written contract with the State to do so, and the State, in its sole discretion, determines that In Lieu payments made under this Amendment 20 should be applied to payment obligations in such future contract.
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Related to <Option to Cease In-Lieu Payment

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