El Paso Water Awards Facilities Contract to El Paso County Water Improvement District No. 1 (December 2022)

$604,164 upon execution, plus $604,164 annually (2023–2026), plus 50% of annual maintenance and operation costs estimated at $338,700/year, plus capital improvement reimbursements not to exceed $200,000/year (estimated total $1,142,864 per year)

FACILITIES

January 1, 2022 – December 31, 2027 (5 years)

2027-12-31

Licensee may request a five-year renewal by providing written notice to the District at least 60 days before December 31, 2027, contingent on no breach during the initial term. Renewal fee will be negotiated by the parties prior to the effective date of any renewal.

Agreement