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This document outlines the agreement between the Lafayette City-Parish Consolidated Government, the City of Youngsville, and Magnolia Water Utility Operating Company for the wholesale supply of potable water, detailing the responsibilities and obligations of each party.
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What is wholesale water agreement?
A wholesale water agreement is a contract between a water supplier and a buyer that outlines the terms under which water is supplied in bulk. It specifies details like pricing, quantity, delivery schedules, and responsibilities.
Who is required to file wholesale water agreement?
Water suppliers and buyers who intend to engage in wholesale water transactions are typically required to file a wholesale water agreement. This may include municipalities, private companies, and regional water authorities.
How to fill out wholesale water agreement?
To fill out a wholesale water agreement, parties should clearly define the terms, including the parties involved, the quantity of water to be supplied, pricing per unit, delivery dates, and any legal requirements. All relevant sections should be completed and signed by authorized representatives.
What is the purpose of wholesale water agreement?
The purpose of a wholesale water agreement is to establish legally binding terms for the supply and purchase of bulk water resources, ensuring both parties understand their rights, responsibilities, and obligations.
What information must be reported on wholesale water agreement?
Key information that must be reported on a wholesale water agreement includes the names and addresses of the parties, terms of water delivery, pricing details, payment terms, duration of the agreement, and any penalties for non-compliance.
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