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Memorandum of Agreement
<br />Triangle Water Supply Partnership
<br />August 7, 2018 Page 34 of 35
<br />Exhibit 1
<br />Fiscal Year 2019 5-Year Project and Funding Plan
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<br />Table 2: Triangle Water Supply Partnership Initial Dues and Planned Annual Dues
<br />
<br /> Initial Dues Planned Annual Dues
<br />Member
<br />Metered
<br />Connections Tier FY19 FY20 FY21 FY22 FY23
<br />Town of Apex 15,000+ 2 $20,800 $25,000 $18,000 $18,000 $18,000
<br />Town of Cary 64,000+ 3 $31,200 $37,500 $27,000 $27,000 $27,000
<br />Chatham County 8,000+ 1 $10,400 $12,500 $9,000 $9,000 $9,000
<br />City of Durham 85,000+ 3 $31,200 $37,500 $27,000 $27,000 $27,000
<br />Harnett County 37,000+ 2 $20,800 $25,000 $18,000 $18,000 $18,000
<br />Town of Hillsborough 5,000+ 1 $10,400 $12,500 $9,000 $9,000 $9,000
<br />Town of Holly Springs 13,000+ 2 $20,800 $25,000 $18,000 $18,000 $18,000
<br />Johnston County 29,000+ 2 $20,800 $25,000 $18,000 $18,000 $18,000
<br />Town of Morrisville 0 1 $10,400 $12,500 $9,000 $9,000 $9,000
<br />Orange County 0 1 $10,400 $12,500 $9,000 $9,000 $9,000
<br />OWASA 18,000+ 2 $20,800 $25,000 $18,000 $18,000 $18,000
<br />Town of Pittsboro < 10,000 1 $10,400 $12,500 $9,000 $9,000 $9,000
<br />City of Raleigh 168,000+ 3 $31,200 $37,500 $27,000 $27,000 $27,000
<br />TOTAL DUES $249,600 $300,000 $216,000 $216,000 $216,000
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<br />Base Rate $10,400 $12,500 $9,000 $9,000 $9,000
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<br />3-tiered dues based on # of connections:
<br />0-9,999 Connection= Base Rate
<br />10,000-49,999= 2x Base Rate
<br />50,000- up= 3x Base Rate
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