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FRANCHISE AGREEMENT
MOHAVE COUNTY AND
PEBBLE I~AKE WATER COMPANY
OLD RESOLUTION NO: 763
DATE OF AGREEMENT: ,JUNE 19, 1972
LENGTH OF AGREEMENT: 2S YEARS
RENEWAL DATE: JUNE 19, 1997
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RESOLUTION NO. 88-7
RESOLVED, by the Board o:E Supervisors of the County of
Mohave, State of Arizona, that:
WHEREAS,. Elma V. Beck, DBA Pebble Lake Water
Company, filed applicati.on on l-lay 5, 1972 for a franchise to
operate a water utility, and;
WHEREAS, the
applicat.ion June 19,
763, and;
Board of Supervi sors approved said
1972 with the adoption of Resolution No.
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WHEREAS, the original franchise rate or the Pebble Lake
Water Company was inadvlHtently stated at .02% instead of 2%
and all parties desire to correct this error effective on the
date of this resolution, and;
WHEREAS, Mohave County agrees not to seek franchise
paymlents: due and owing to the County prior to January 1988,
now
THEREFORE BE IT RESOLVED that the franchise a9reement
granted by Mohave County in favor of the Pebble Lake Water
Company on June 19, 1972 be amended by the following
conditions:
I. This franchise is continuE!d for the term of twenty-five
Yl~ars from the date of th.~ original franchise adopted by
Resolution No. 763.
2.
PE~rmi ttee shall pay to Mohave County for each calendar
Y1ear or portion of a Yl3ar during all the time this
provision shall remain in force and effect a total
aggregate sum of two per cent (2%) of the gross
n~ceipts, on a cash basis, for the water sold.
Permittee shall make such payments annually on or before
the 31st day of January following the end of each
calendar year.
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3. Permittee shall submit with each payment a signed
statement of gross revenue on which the franchise fee is
computed, or copiE~s of such bus iness records, reports,
or tax returns as necessary to document gross receipts.
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FRANCHISE AGREEMENT
MOHAVE COUNTY AND
PEBBLE LAKE WATER COMPANY
OLD RESOLUTION NO: 763
DATE OF AGREEMENT: JUNE 19, 1972
LENGTH OF AGREEMENT: 25 YEARS
RENEWAL DATE: JUNE 19, 1997
PASSED, APPROVED AND ADOPTED this 1st day of Fl~bruary,
1988.
MOHA VE C~U~T~./R~,~ OS PERVISORS
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APPROVED AS TO FORM, this
16th
February
day of
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ACCEPTEDWITHOU1>'CHANGE:
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PERMITEE ( OR AGENT)---
, 1988: