Interlocal for Stormwater Mgmt St. Lucie West Pmt due 3/15 annually

This contract is an interlocal agreement between the City of Port St. Lucie and St. Lucie West Services District for the maintenance of the stormwater management system. The contract outlines the responsibilities of both parties, including the provision of stormwater maintenance services by the District and the payment of fees by the City. The contract also includes provisions for termination, indemnification, and dispute resolution. The key aspects of this contract include the maintenance of swales, conveyance channels, and waterways, as well as the operation and maintenance of stormwater control structures. The contract also includes a payment schedule, with the City paying the District $560,000 in the first year and 75% of the stormwater utility fees collected by the City in subsequent years. • The contract is for the maintenance of the stormwater management system in the St. Lucie West Services District. • The District is responsible for maintaining the stormwater management system, including swales, conveyance channels, and waterways. • The City is responsible for paying the District for the maintenance services, with the payment schedule outlined in the contract. • The contract includes provisions for termination, indemnification, and dispute resolution. • The contract is for a term of perpetuity, with the option for either party to terminate with six months' written notice.