§ 93-68.  Regional Water Line Project; Binding Arbitration.  
A.
Upon a determination by the Utilities Director and the Authority Director of projected 
regional water line costs and the projected regional water line revenues, the Utilities 
Director shall confirm them in writing to the Authority Director. Provisions contained in 
Subsection 4.2 and Sections VI, VII, VIII, IX, and X of the Regional Water Agreement 
shall control the regional water line project. Said Subsection 4.2 and Sections VI, VII, 
VIII, IX, and X of the Regional Water Agreement are hereby incorporated by reference 
as if fully set forth herein. Additionally, the following requirements shall apply:  
(1)
Additional payments required. Pursuant to the Regional Water Agreement, the 
Authority is required to contribute an amount equal to the projected regional 
water line revenue to be received over a 9 year period to the cost of the  
regional water line. If the projected regional water line revenues for the 
requested regional water line are insufficient to pay the projected regional water 
line costs, the applicant(s) shall be required to pay the difference to the County 
for payment to the Authority. Additionally, if at the end of a 9 year period 
after completion of the regional water line by the Authority, the actual net 
revenues received by the Authority are less than the actual regional water line 
cost, the applicant(s) shall be required to pay the difference to the County for 
payment to the Authority.  
B.
Notwithstanding anything herein to the contrary, neither Subsection 4.2, Section IX, nor 
Section X of the Regional Water Agreement shall be made subject to binding arbitration. 
Binding arbitration as a means of dispute resolution is only limited to those provisions 
specifically referenced as being subject to binding arbitration in the Regional Water 
Agreement.