Third Priority Nondistrict Water Wheeling Agreement.executed.pdf

City of Buckeye — Regular Council Meeting (2025-05-20)

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THIRD PRIORITY 
NONDISTRICT WATER WHEELING 
AND EXCHANGE AGREEMENT 
BETWEEN 
MARICOPA COUNTY MUNICIPAL 
WATER CONSERVATION DISTRICT 
NUMBER ONE 
AND 
CITY OF BUCKEYE

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THIRD PRIORITY 
NONDISTRICT WATER WHEELING 
AND EXCHANGE AGREEMENT 
BETWEEN 
MARICOPA COUNTY MUNICIPAL 
WATER CONSERVATION DISTRICT 
NUMBER ONE 
AND 
CITY OF BUCKEYE 
Table of Contents 
Section 
Page 
RECITALS ....................................................................................................................... 1 
AGREEMENT ................................................................................................................. 2 
DEFINITIONS ................................................................................................................. 2 
SCOPE OF SERVICE ..................................................................................................... 5 
TERM  ............................................................................................................................ 6 
RATES, FEES AND CHARGES ...................................................................................... 6 
CONVEYANCE LOSSES ................................................................................................ 9 
PRIORITY OF SERVICE ............................................................................................... 10 
RIGHT TO CONTRACT OR SUBCONTRACT .............................................................. 10 
PERMITS ...................................................................................................................... 11 
SCHEDULING AND ORDERING .................................................................................. 11 
INTERRUPTIONS OR CURTAILMENTS IN DELIVERY ............................................... 14 
WATER ACCOUNTING ................................................................................................ 16 
BILLING AND PAYMENT .............................................................................................. 16 
FACILITIES AND METERING ....................................................................................... 18 
APPOINTMENT/DUTIES OF AUTHORIZED REPRESENTATIVES............................. 20 
WATER QUALITY AND INDEMNITY ............................................................................ 21

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Section 
Page 
ACCESS TO PREMISES AND FACILITIES ................................................................. 22 
GENERAL LIABILITY .................................................................................................... 22 
UNCONTROLLABLE FORCES .................................................................................... 22 
NOTICES ...................................................................................................................... 23 
WAIVER ........................................................................................................................ 24 
HEADINGS ................................................................................................................... 24 
RECLAMATION REFORM ACT .................................................................................... 24 
CONTRACT REOPENER ............................................................................................. 24 
GOVERNING LAW........................................................................................................ 25 
NO THIRD PARTY BENEFICIARIES ............................................................................ 25 
ASSIGNMENT .............................................................................................................. 26 
ENTIRE AGREEMENT ................................................................................................. 26 
PROVISIONS REQUIRED BY LAW…………………………………………………………26 
EXHIBIT A 
EXHIBIT B 
EXHIBIT C

THIRD PRIORITY 
NONDISTRICT WATER WHEELING AND EXCHANGE AGREEMENT 
This Third Priority Nondistrict Water Wheeling and Exchange Agreement 
(“Agreement”) is made and entered into as of this 20th day of May, 2025, between CITY 
OF BUCKEYE (“Contractor”), an Arizona municipal corporation and MARICOPA 
COUNTY MUNICIPAL WATER CONSERVATION DISTRICT NUMBER ONE (“MWD” 
or “District”), a municipal corporation and a political subdivision of the State of Arizona. 
Hereinafter, MWD and the Contractor may be referred to singularly as “Party” or 
collectively as the “Parties.” 
RECITALS: 
A.
Members of the District are owners of land within MWD having valid appropriative
rights to waters of the Agua Fria River.  MWD is responsible for delivery to said
lands of waters developed, acquired, controlled or stored by it for the benefit of
such lands (“District Water”).  District Water includes, but is not limited to, surface
water, groundwater, CAP water, water delivered to MWD for use in lieu of
groundwater, and exchange water.
B.
MWD operates and maintains a water delivery system on behalf of and for the
primary benefit of its members, to whom MWD is obligated to deliver District Water.
C.
Contractor has valid rights to the Nondistrict Water to be Wheeled or Exchanged
pursuant to this Agreement and has existing contracts to transport such water to
the MWD Water Delivery System.

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D.
Contractor desires to Wheel Nondistrict Water through the MWD Water Delivery
System for use or Exchange by Contractor and has the authority to enter into this
Agreement for the Wheeling or Exchange of such water.
E.
MWD has determined that the Beardsley Canal has capacity available to Wheel
an amount of Nondistrict Water to entities in the west Salt River Valley and wishes
to assist those entities by providing the use of the Beardsley Canal to encourage
efficient regional water management practices.  On the terms and conditions set
forth in this Agreement, MWD will Wheel or Exchange Nondistrict Water for
Contractor as an incident to its primary function; provided that the Wheeling or
Exchange of such water shall not in any way disrupt or interfere with the operation
of the MWD Water Delivery System on behalf of, or delivery of District Water to,
District members.
F.
Because the use of the MWD Water Delivery System for the delivery of water to
its members is the District’s primary purpose and a priority, this Agreement is
necessary for MWD to Wheel or Exchange Nondistrict Water for Contractor.
AGREEMENT: 
In consideration of the promises and mutual covenants and agreements set 
forth herein and other good and valuable consideration, the receipt and adequacy of 
which is hereby acknowledged, the Parties agree as follows: 
1.
DEFINITIONS.
As used in this Agreement the following terms, when capitalized, have the 
meanings indicated: 
1.1. 
AF:  Acre foot.

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1.2. 
Authorized Representative(s):  Those representatives of the Parties 
appointed to administer the provisions of this Agreement pursuant to Section 14.1. 
1.3. 
Conveyance Losses:  The amount of water lost through seepage, 
evaporation or other causes (such as theft, wildlife usages and other causes not within 
MWD’s reasonable control) while being Wheeled or Exchanged within the MWD Water 
Delivery System from the Point(s) of Receipt to the Point(s) of Delivery.  Conveyance 
Losses shall not include Evacuated Water. 
1.4. 
Evacuated Water:  Water released from the MWD Water Delivery System: 
a.
as a result of excess storm runoff;
b.
under emergency conditions; or
c.
in the event of the discovery of contaminated water in the MWD
Water Delivery System. 
1.5. 
Exchange:  The Exchange of Nondistrict Water for District Water pursuant 
to A.R.S. § 45-1001 et seq. 
1.6. 
Index:  The Revised Consumer Price Index (All Urban Consumers, All 
Cities, Base Period 1982–84 = 100), as published by the United States Department of 
Labor Statistics, as adjusted to reflect any rebasing factor(s) for later base period(s), or if 
such index ceases to be published, a similar generally recognized index selected in good 
faith by MWD. 
1.7. 
Index Percentage:  For calendar year 2026  and each subsequent calendar 
year, a fraction (expressed as a percentage, e.g., 103/100 = 103%), the numerator of 
which is the Index for October of the immediately preceding calendar year, and the 
denominator of which is the Index for October 2005.

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1.8. 
MWD Turnout:  The MWD pipeline and turnout facilities located 
approximately five miles downstream of Camp Dyer Dam, at the Beardsley Canal station 
number 272+13, which connect the CAP Canal to the Beardsley Canal. 
1.9. 
MWD Water Delivery System:  The Beardsley Canal and appurtenant 
facilities, including the MWD Turnout, Hank Raymond Lake, and the MWD replacement 
outlet works at New Waddell Dam.  For purposes of this Agreement, the MWD Water 
Delivery System does not include any of the District’s other canals, laterals, pipelines or 
other facilities. 
1.10. Nondistrict Water: 
a.
Water diverted for Contractor pursuant to this Agreement into the
MWD Water Delivery System from the Central Arizona Project (“CAP”). 
b.
Any other water as agreed to by the Authorized Representatives.
1.11. Point(s) of Delivery:  The point(s) designated in Exhibit A, hereto, at which 
Nondistrict Water is diverted from the MWD Water Delivery System for delivery to 
Contractor.  Point(s) of Delivery may be added or deleted upon mutual agreement of the 
Authorized Representatives.  The Parties shall revise Exhibit A accordingly to reflect any 
such additions or deletions. 
1.12. Point(s) of Receipt:  The point where the CAP Canal connects to the MWD 
Turnout.  This point is commonly referred to as “Big Mac” and is located at station number 
748+19 on the Hayden-Rhodes Aqueduct of the CAP Canal.  Additional Point(s) of 
Receipt may be added or deleted upon mutual agreement of the Authorized 
Representatives.  The Parties shall revise Exhibit A accordingly to reflect any such 
additions or deletions.

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1.13. Second Priority:  Wheeling or Exchange of water pursuant to agreements 
with MWD in which the subject water is designated as Second Priority.  Such agreements 
may include agreements in which the Contractor agrees to take or pay for the Wheeling 
or Exchange capacity, or otherwise provides a benefit to MWD, which MWD, in its sole 
and absolute discretion, determines is greater than the benefits it receives under Third 
Priority agreements.  Second Priority is further described in Section 6 hereof and Exhibit 
B hereto. 
1.14. Third Priority:  Wheeling or exchange of water pursuant to agreements 
wherein the water wheeled or exchanged is designated as Third Priority.  Third Priority is 
further described in Section 6 hereof and Exhibit B hereto. 
1.15. Wheeling:  The transportation and conveyance of Nondistrict Water in the 
MWD Water Delivery System. 
2.
SCOPE OF SERVICE.
2.1. 
This Agreement is limited to Wheeling or Exchange of Nondistrict Water in
the MWD Water Delivery System from the Point(s) of Receipt to the Point(s) of Delivery. 
Contractor shall be responsible for and assume full liability for the further distribution of 
Nondistrict Water received at the Point(s) of Delivery, including, but not limited to, all 
operation and maintenance costs for delivery to Contractor’s end users. 
2.2. 
As and when agreed by the Parties, MWD shall Wheel Contractor’s 
Nondistrict Water in the MWD Water Delivery System from the Point(s) of Receipt to the 
Point(s) of Delivery, subject to Sections 6, 9 and 10 of this Agreement.  This Agreement 
and the operations hereunder are intended to be primarily Wheeling arrangements. 
However, if the Wheeling of water is not feasible or desirable, or if the Exchange of water

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provides greater scheduling flexibility, the Parties may exchange water.  The decision as 
to whether an Exchange is appropriate shall be by mutual agreement of the Parties. 
3. 
TERM.
This Agreement shall become effective as of June 1, 2025, upon 
execution by both Parties, and shall remain in effect through  
  July 1, 2075 , unless 
otherwise terminated in accordance with the provisions of this Agreement.  The 
term of this Agreement may be extended at any time by mutual agreement of the 
Parties.  This Agreement may be terminated by either Party, upon thirty (30) days’ 
written notice, if Nondistrict Water is not Wheeled or Exchanged hereunder for a 
period of seven (7) consecutive calendar years. 
4.
RATES, FEES, AND CHARGES.
4.1. 
MWD shall bill Contractor and Contractor shall pay MWD $39.62, (the “Base
Rate”) for each AF of Nondistrict Water received at the Point(s) of Receipt whether or not 
Contractor accepted or used such Nondistrict Water.  For purposes of this Section 4, and 
Sections 11 and 12 hereof, the amount of Nondistrict Water “received” at the Point(s) of 
Receipt is the amount of water delivered to the Point(s) of Delivery, plus Conveyance 
Losses and any Evacuated Water attributable to Contractor’s Nondistrict Water in 
accordance with this Agreement.  The amount of Nondistrict Water delivered to the 
Point(s) of Delivery is the amount of water metered at the Point(s) of Delivery or, if not 
metered for any reason, the amount of Nondistrict Water made available at the Point(s) 
of Delivery, whether or not Contractor accepted or used such water.  Any fractional AF 
received which is equal to or greater than 0.5 AF will be rounded up to the next whole AF 
for purposes of this Section 4 and Section 11 hereof.  Any fractional AF received which 
is less than 0.5 AF will be rounded down to the next whole AF for purposes of this Section

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4 and Section 11 hereof.  The Base Rate shall be adjusted each January 1, commencing 
January 1, 2025 for the calendar year then commencing, to the greater of (i) the Base 
Rate for the immediately preceding calendar year, or (ii) $25.00 multiplied by the Index 
Percentage for the calendar year commencing on that January 1.  If the Base Rate is 
adjusted pursuant to the preceding sentence, the adjusted Base Rate will be the Base 
Rate until it is again adjusted pursuant to the preceding sentence.  Additionally, in 
calendar year 2026 and thereafter, the then current Base Rate shall be subject to the 
reopener provisions of Section 4.4. 
4.2. 
MWD also shall bill Contractor and Contractor shall pay MWD an annual 
administration fee of $3,962.38, (the “Base Administration Fee”), which shall cover the 
Point(s) of Receipt and the first Point(s) of Delivery listed on Exhibit A, and $792.48 (the 
“Additional Base Administration Fee”) for each additional Point of Delivery, whether 
separate or in common with that of another contractor.  Each January 1, commencing 
January 1, 2026 the Base Administration Fee and the Additional Base Administration Fee 
shall be adjusted, for the calendar year then commencing, to the greater of (i) the Base 
Administration Fee and the Additional Base Administration Fee for the immediately 
preceding calendar year, or (ii) $2,500.00 (for the Base Administration Fee) and $500.00 
(for the Additional Base Administration Fee) multiplied by the Index Percentage for the 
calendar year commencing on that January 1. If the Base Administration Fee and the 
Additional Base Administration Fee are adjusted pursuant to the preceding sentence, the 
adjusted Base Administration Fee will be the Base Administration Fee and the adjusted 
Additional Base Administration Fee will be the Additional Administration Fee until each 
are again adjusted pursuant to the preceding sentence.  Such fees shall be billed when 
service is commenced, and in each January thereafter, and paid in accordance with

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Section 12.  The fees shall be prorated for those partial years of service resulting from 
initiation or permanent termination of service at the Point(s) of Receipt or Point(s) of 
Delivery.  In calendar year 2026  and thereafter, the then current Base Administration Fee 
and Additional Base Administration Fee shall be subject to the reopener provisions of 
Section 4.4. 
4.3. 
Exhibit C hereto is an example of a calculation applying Sections 4.1 and 
4.2 of this Agreement.  Exhibit C is provided for illustrative purposes only, and the 
assumptions and example rates and fees are not intended to be binding on either Party. 
4.4. 
Beginning in calendar year 2030 and thereafter, and in addition to any 
changes resulting from the application of the Index Percentage, MWD may change the 
rate or rate structure or the fees or fee structure hereunder at intervals occurring no more 
frequently than five (5) years, based on changed circumstances, which include, but are 
not limited to, canal improvements, destruction or impairment, changes in law, changes 
in environmental regulations, and changes in technology, any of which have increased 
the costs of providing the service hereunder beyond those increases in costs reflected by 
the Index.  For purposes of the foregoing, changed circumstances do not include overall 
canal improvements, normal operation and maintenance, or improvements made for the 
specific benefit of a third party. 
a.
MWD must provide Contractor with written notice of the new rate and
rate structure or fees and fee structure and documentation to substantiate the 
changed circumstances and the increased costs at least two hundred forty (240) 
days before the new rate and rate structure or fees or fee structure become 
effective.

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b.
If Contractor declines to accept the new rate/rate structure or
fees/fee structure, Contractor may terminate this Agreement by giving written 
notice to MWD at least sixty (60) days before the new rate and rate structure or 
fees and fee structure become effective. 
c.
If Contractor gives notice pursuant to Section 4.4.b, this Agreement
shall remain in effect for a period of one (1) year from the date of Contractor’s 
notice, unless otherwise agreed to by the Parties.  During this period, Contractor 
shall pay the rate and fees determined pursuant to Sections 4.1 and 4.2, and shall 
continue to have the same rights and priorities that Contractor would otherwise be 
entitled to under this Agreement. 
4.5. 
If, as a result of the services provided by MWD to Contractor, or sums 
received by MWD from Contractor pursuant to this Agreement, MWD becomes liable to 
a governmental authority for any tax, tariff, duty, toll, fee, impost, penalty, interest, charge 
or other exaction, or any increase thereof, MWD shall bill Contractor and Contractor shall 
pay MWD the amount for which MWD is liable.  Such amounts and payments shall be in 
addition to any other amount due hereunder. 
5.
CONVEYANCE LOSSES.
Contractor shall be assessed Conveyance Losses at the rate of 0.325 
percent per AF per mile between the Point(s) of Receipt and the Point(s) of Delivery. 
Using available data, MWD may review and, in MWD’s sole discretion, adjust such 
Conveyance Loss rate based on annual average MWD Water Delivery System 
Conveyance Losses during the preceding three years.  Such adjusted rate shall remain 
in effect until next adjusted.  The failure to review and adjust such rate shall not be 
deemed a waiver by MWD of the right to undertake such reviews and make such

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adjustments, nor shall it be a breach of this Agreement.  The Conveyance Loss rate also 
shall be adjusted as provided in Section 10.1.f.  Notwithstanding the foregoing, and 
subject to Section 10.1.f, the Conveyance Loss rate shall not be changed prior to January 
1, 2030, and, thereafter, not more than once in any three-year period. 
6.
PRIORITY OF SERVICE.
Nondistrict Water may be Wheeled or Exchanged under this Agreement only to
the extent that such Wheeling or Exchange does not impair nor prejudice the delivery of 
District Water to District members or the delivery of water with a higher priority than the 
Nondistrict Water, as such priorities are described in Exhibit B hereto.  The Nondistrict 
Water Wheeled or Exchanged pursuant to this Agreement is “Third Priority,” as set forth 
in Exhibit B hereto. 
7.
RIGHT TO CONTRACT OR SUBCONTRACT.
7.1. 
MWD retains the right to contract directly with other entities desiring
wheeling or exchange of water in the MWD Water Delivery System, including contracts 
with a higher priority than this Agreement.  MWD will provide Contractor with notice, prior 
to contracting with another entity who will have a higher priority than the Contractor under 
this Agreement. 
7.2. 
Contractor is expressly precluded from subcontracting its rights under this 
Agreement to a third party without MWD’s prior written consent, which shall be in MWD’s 
sole and absolute discretion.  Absent MWD’s consent, any attempted subcontracting shall 
be void.  Notwithstanding the foregoing, Contractor may subcontract under this 
Agreement to a parent, subsidiary or affiliate, or in connection with a corporate 
restructuring, upon written notice to MWD of such subcontract.  Notwithstanding the

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existence of any subcontract, Contractor shall remain liable and responsible for fulfilling 
the terms and conditions of this Agreement. 
8.
PERMITS.
8.1. 
Prior to an Exchange of water pursuant to this Agreement, MWD shall
acquire any necessary water exchange permit for this Agreement from the Arizona 
Department of Water Resources.  Contractor shall assist MWD with any such permit 
application, as requested by MWD, and shall reimburse MWD for the costs associated 
with acquiring such permit.  MWD will consult with Contractor with respect to the 
anticipated costs associated with acquiring any such permit.  Upon receipt of the water 
exchange permit, MWD may divert District Water for Exchange purposes as provided in 
this Agreement. 
8.2. 
Contractor shall be responsible for obtaining and maintaining all permits 
(other than the water exchange permit) required for the Wheeling or Exchange of 
Nondistrict Water pursuant to this Agreement, and for the discharge of Nondistrict Water 
into the MWD Water Delivery System.  MWD shall cooperate with Contractor in obtaining 
any necessary permit.  Denial of any necessary permit shall not result in liability of either 
Party to the other. 
9.
SCHEDULING AND ORDERING.
9.1. 
The amounts, times, and rates of delivery of Nondistrict Water to Contractor
during each calendar year shall be in accordance with a monthly water delivery schedule 
for that year (the “Monthly Schedule” or “Monthly Scheduling”).  The Monthly Schedule 
shall be determined as follows: 
a.
On or before September 1 of each year, Contractor shall submit to
MWD its desired monthly water delivery schedule for Nondistrict Water for the

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following calendar year, along with an indication of how much flexibility the 
Contractor has in adjusting the desired schedule. 
b.
Upon receipt of the desired schedule, MWD shall review the
schedule and may make such modifications to the schedule as are necessary or 
convenient so that the amounts, times, and rates of delivery to Contractor are 
consistent with the transportation capability of the MWD Water Delivery System, 
considering, among other things, losses, deliveries of District Water to District 
members, the availability of water, and the delivery schedules of all other 
contractors, subject to the priorities described in Exhibit B hereto. 
c.
On or before the third Thursday of September of each year, MWD
shall furnish Contractor with the Nondistrict Water delivery Monthly Schedule for 
the following calendar year, subject to CAP approval.  MWD and Contractor shall 
cooperate and coordinate in submitting the Monthly Schedule to CAP.  Upon 
receiving written confirmation of CAP approval, MWD will use its good faith efforts 
to meet and accommodate such Monthly Schedule during the calendar year. 
9.2. 
The Monthly Schedule may be amended from time to time upon written 
notice to MWD and at the request of Contractor, to the extent MWD and CAP can 
reasonably accommodate the request without disrupting other delivery commitments or 
the operation of the MWD Water Delivery System.  Contractor shall provide written 
confirmation of CAP approval of any such change. 
9.3. 
Contractor shall provide MWD notice of Contractor’s daily Nondistrict Water 
orders (“Daily Order” or “Daily Ordering”) and any subsequent Daily Order changes, in 
accordance with operating procedures established by MWD.  Operating procedures 
established by MWD shall provide that, in the event of a pending canal capacity

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curtailment, MWD shall give Contractor as much advance notice as reasonably 
practicable of the pending curtailment.  The Daily Order may be changed upon notice to 
MWD and at the request of Contractor, to the extent MWD and CAP can reasonably 
accommodate the request without disrupting other delivery commitments or the operation 
of the MWD Water Delivery System. 
9.4. 
The Parties recognize that it may be necessary for MWD to develop 
operating procedures to better define and address Monthly Scheduling (Sections 9.1 and 
9.2) and Daily Ordering (Section 9.3).  Any such procedures will be developed in 
consultation with Contractor, but will ultimately be in MWD’s sole discretion. 
9.5. 
Both Wheeling and Exchange of Nondistrict Water shall be subject to 
operational and maintenance constraints common to all Parties served by the MWD 
Water Delivery System.  Although the Parties understand and acknowledge that actual 
daily deliveries to Contractor may vary slightly from the amount of Nondistrict Water 
scheduled and ordered by Contractor, MWD shall use good faith efforts to deliver to the 
Point(s) of Delivery the amount of Nondistrict Water scheduled by Contractor in the 
Monthly Schedule and ordered in the Daily Order, less Conveyance Losses and 
Evacuated Water, subject to the provisions in Sections 6 and 10 hereof.  MWD shall 
schedule and monitor the Wheeling or Exchange of Nondistrict Water so as not to 
interfere in any manner whatsoever with the operation and maintenance of the MWD 
Water Delivery System, the delivery of District Water to District members or the delivery 
of water with a higher priority than Nondistrict Water, as such priorities are described in 
Exhibit B hereto.

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10.
INTERRUPTIONS OR CURTAILMENTS IN DELIVERY.
10.1. Both Wheeling and Exchange of Nondistrict Water shall be in accordance
with Monthly Schedules approved pursuant to Section 9 hereof, and shall be subject to 
all of the following: 
a.
The delivery of District Water to District members, who shall have
first priority to the use of the MWD Water Delivery System. 
b.
Other deliveries of higher priority than Nondistrict Water as described
in Exhibit B hereto. 
c.
Interruptions, curtailments or schedule changes related to the
Wheeling or Exchange of Nondistrict Water to Contractor’s recharge facilities, if 
any.  This subpriority for deliveries to recharge facilities is described in Exhibit B 
hereto.  Any such interruption, curtailment or schedule change shall not affect 
Contractor’s ability to receive such Nondistrict Water at a later time when the 
delivery can be accommodated. 
d.
Interruptions and curtailments in the capability of MWD to Wheel or
Exchange Nondistrict Water due to emergencies, weather, unplanned canal dry 
up, operational constraints, coincident system demand or unplanned necessary 
maintenance and repairs of the MWD Water Delivery System, all as determined 
solely by MWD.  Planned canal dry up and planned maintenance and repairs will 
be taken into account in developing the Monthly Schedule pursuant to Section 9 
hereof. 
e.
Interruptions or curtailments to better manage actual Conveyance
Losses.  MWD may interrupt or curtail deliveries to Contractor when the system 
demand for delivery of District Water to MWD members, drops below 15 cfs and

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the combined system demand for all deliveries drops below 40 cfs (the “Minimum 
System Demand”).  MWD may, in its sole discretion, adjust the Minimum System 
Demand upon thirty (30) days’ written notice to Contractor.  Such adjusted 
Minimum System Demand shall remain in effect until next adjusted.  Upon 
agreement by MWD, Contractor may avoid any such interruption or curtailment 
by agreeing to accept the actual losses during the relevant time period.  If 
Contractor is not the only entity scheduling water during such period, MWD shall 
confer with Contractor in good faith to determine Contractor’s share of actual 
losses. 
f.
Interruptions, evacuations and curtailments which MWD, in its sole
and absolute discretion, may determine are necessary because of excess 
stormwater runoff entering the MWD Water Delivery System, or ongoing or 
anticipated material degradation of water quality in the MWD Water Delivery 
System attributable to the introduction into the MWD Water Delivery System of 
either Nondistrict Water or contamination or contaminated water from any source. 
To the extent that it is necessary to evacuate water because of excess 
stormwater runoff entering the MWD Water Delivery System, the amount of water 
evacuated, up to the amount of such runoff, will be considered stormwater and 
not Contractor’s Nondistrict Water. 
g.
No obligation on the part of MWD to replace any portion of Nondistrict
Water evacuated from the MWD Water Delivery System. 
h.
Availability of Nondistrict Water at the Point(s) of Receipt, as
determined by MWD.

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10.2. Service Interruptions, curtailments, and evacuations addressed in Sections 
10.1c through 10.1.f shall be allocated in accordance with Exhibit B. 
11. 
WATER ACCOUNTING.
11.1. MWD shall provide a monthly report of the total amounts of Nondistrict water 
received during the month each day at the Point(s) of Receipt and at each Point of 
Delivery.  Such water accounting report shall include the amounts of Nondistrict Water 
ordered, scheduled and received at the Point(s) of Receipt, the amount of Nondistrict 
Water delivered to each Point(s) of Delivery, the amount of Conveyance Losses, and the 
amount of Evacuated Water, if any, during that month.  
11.2. In the event that Nondistrict Water deliveries at the Point(s) of Delivery are 
less than the amount of Nondistrict Water received on Contractor’s behalf at the Point(s) 
of Receipt, less Conveyance Losses and Evacuated Water, MWD shall return to 
Contractor the shortage water as soon as practicable after the shortage is discovered, in 
accordance with the operating procedures developed by MWD.  There shall be no 
obligation to return such shortage if the shortage is the result of Contractor’s inability or 
refusal to take delivery of water received on Contractor’s behalf at the Point(s) of 
Receipt.
11.3  In the event that Nondistrict Water deliveries at the Point(s) of Delivery are 
more than the amount of Nondistrict Water received on Contractor's behalf at the 
Point(s) of Receipt, less Conveyance Losses and Evacuated Water, Contractor shall 
return the overage water to MWD as soon as practicable after the overage is discovered, 
in accordance with the operating procedures developed by MWD. 
12. 
BILLING AND PAYMENT.
12.1. Bills for amounts owed to MWD by Contractor shall be submitted by MWD 
to Contractor on or before the fifteenth (15th) day of each month (or if such day is not a 
business day, on the next succeeding business day) immediately following the moth 
during which Contractor has incurred charges for such services. Such bills may include

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adjustments or corrections to bills previously submitted by MWD to Contractor.  Billing 
adjustments will not exceed a six (6) month period. 
12.2. Payment by Contractor to MWD shall be made in good funds on or before 
the twenty-fifth (25th) day following the date on which the bill was postmarked or if such 
day is not a business day, on the next succeeding business day.  Bills which are not paid 
by this date shall be delinquent and thereafter accrue interest until paid at a rate (the 
“Rate”) which is the higher of (a) 18 percent per annum or (b) the Prime Rate plus two 
percent (2%) per annum.  Interest accrued during any calendar month pursuant to the 
preceding sentence or this sentence shall accrue interest at the Rate from the first day of 
the following month until paid.  The Prime Rate is a fluctuating annual rate of interest 
equal to the “prime rate” (or any substitute terminology such as “base rate”) as publicly 
announced from time to time by Bank of America, N.A., a national banking association, 
or its successor, as an index used by it for pricing commercial loans.  The Prime Rate 
shall change on the same day as each such public announcement of a change therein. 
If the Prime Rate (as described above) ceases, for any reason, to be established or 
publicly announced, the Prime Rate will thereafter be a similar publicly announced or 
published banking interest rate (or average of rates) selected in good faith by MWD.  Any 
payment received shall be applied first to any interest charges owed, and then to any bills 
owed for service rendered. 
12.3. In the event any portion of any bill is disputed, the disputed amount shall be 
paid under protest when due and shall be accompanied by a written statement indicating 
the basis for the protest.  If the protest is found to be valid, Contractor shall be refunded 
any overpayment plus interest, accrued at the rate set forth in Section 12.2, prorated by

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days from the date payment was credited to Contractor to the date the refund check is 
mailed. 
12.4. In the event any delinquent amount is not paid by Contractor within twenty-
five (25) business days after Contractor receives written notice of the delinquency, 
MWD shall have the right, without liability of any kind, to refuse to Wheel or Exchange 
Nondistrict Water so long as the delinquent amount remains unpaid, and MWD 
may terminate this Agreement.  Nothing herein shall limit the rights of MWD to use any 
other available legal remedy to effect collection of the delinquent amounts and all 
interest thereon. 
13.
FACILITIES AND METERING.
13.1. MWD shall design, construct, install, operate and maintain all system 
improvements at the Point of Delivery which MWD determines are reasonably necessary 
and appropriate for the Wheeling or Exchange of Nondistrict Water contemplated by this 
Agreement.  Such system improvements include, but are not limited to, turnouts, gates, 
meters and controls. MWD shall consult with Contractor regarding the design, 
construction and installation of such improvements, and shall provide Contractor with an 
estimate of the cost of such design, construction and installation. 
13.2. To the extent system improvements other than those described in Section 
13.1 are necessary or desirable in order to Wheel or Exchange Nondistrict Water, such 
improvements and the terms and conditions under which such improvements are made, 
shall be as mutually agreed to by the Parties. 
13.3. Contractor shall, upon receipt of one or more invoices from MWD, 
reimburse MWD for all costs incurred by MWD related to the design, construction and 
installation of the system improvements made pursuant to Section 13.1 hereof.  In 
addition, Contractor shall, upon receipt of one or more invoices from MWD, reimburse

-19-
MWD for all costs incurred by MWD for the repair, replacement or betterment of such 
system improvements during the term of this Agreement.  All such costs include, but are 
not limited to, a reasonable amount for MWD oversight and administration, and a 
reasonable charge for the use of District personnel for such design, construction, 
installation, repair, replacement or betterment.  MWD shall include appropriate supporting 
documentation with any invoices submitted by MWD. 
13.4. MWD will own, operate and maintain all system improvements made 
pursuant to Section 13.1, including all facilities within the Beardsley Canal right-of-way 
and all facilities from the Beardsley Canal right-of-way to and including the meter(s) at the 
Point(s) of Delivery. 
13.5. MWD shall maintain the accuracy of the meter(s) serving Contractor as 
close to zero error as practical, but in no event shall error exceed plus or minus five 
percent (5%) of actual flow.  At least once every year, unless otherwise agreed by the 
Authorized Representatives, MWD shall recalibrate such meter(s) as close to zero error 
as practical.  MWD shall notify Contractor at least thirty (30) days in advance of planned 
recalibration so that Contractor may observe the procedure.  Contractor may, at 
reasonable times, at its sole expense and after reasonable notice to MWD, test or have 
tested such meter(s) to determine its accuracy. 
13.6. In the event that water accounting records or any routine or special test of 
the meter(s) disclose a flow measurement error that exceeds the limits provided in 
Section 13.5, all bills and water accounting affected by such limits having been exceeded 
shall be adjusted by MWD based on the best available data, as determined by MWD and 
reasonable business judgment.  However, adjustments shall not encompass more than 
one hundred  eighty (180) days.

-20-
13.7. Contractor bears the cost of any system improvements required for its future 
Point(s) of Delivery that are specific to Contractor’s needs, and for any repair, 
replacement or betterment of previously installed system improvements related to 
deliveries hereunder.  MWD shall consult with Contractor and provide a cost estimate 
regarding the design, construction and installation of any such system improvements, and 
regarding any repair, replacement or betterment of previously installed system 
improvements.  However, Contractor shall not be required to be responsible for any such 
costs which were incurred prior to the commencement of this Agreement.  Costs for which 
Contractor is responsible shall be invoiced and handled in the manner described in 
Section 13.3 hereof. 
14. 
APPOINTMENT/DUTIES OF AUTHORIZED REPRESENTATIVES.
14.1. MWD and Contractor each shall appoint an Authorized Representative and 
an alternate to administer Sections 14.1.a through 14.1.e.  The alternate may act only in 
the absence of the Authorized Representative.  Any decision or agreement of the 
Authorized Representatives shall be documented in writing and signed by both 
Authorized Representatives.  The Authorized Representatives: 
a.
May review the operating procedures as developed by MWD
pursuant to Section 9.4 for implementing the provisions herein. 
b.
May add or delete Point(s) of Delivery pursuant to Section 1.11.
c.
May add or delete Point(s) of Receipt pursuant to Section 1.12.
d.
May agree to Wheeling or Exchange in the MWD Water Delivery
System of the Nondistrict Water defined in Section 1.10.b and shall establish 
any water quality or other limitations on the Wheeling or Exchange of such 
water. Priority for Wheeling or Exchange of such water is "Third Priority," in 
accordance with Exhibit B.
     e.      Shall approve the manner of access pursuant to Section 16.

-21-
 
f. 
Shall arrange for the return of water by the owing Party, pursuant               
Sections 11.2 and 11.3 hereof.
 
14.2. Each Party shall notify the other Party in writing within thirty (30) days after 
execution of this Agreement of the designation of its Authorized Representative and 
alternate and shall promptly notify the other Party of any subsequent changes in such 
designation. 
14.3. The Authorized Representatives shall have no authority to modify, amend 
or supplement this Agreement, other than as expressly provided in this Section 14. 
15. 
WATER QUALITY AND INDEMNITY.
15.1. MWD neither guarantees nor warrants the quality of water Wheeled or 
Exchanged through the MWD Water Delivery System to Contractor pursuant to this 
Agreement, and Contractor assumes all responsibility for purifying or otherwise treating 
Nondistrict Water received at Contractor’s Point(s) of Delivery to meet applicable water 
quality standards established by federal, state or local authorities. 
15.2. Nothing in this Agreement shall be construed so as to require that MWD 
receive, Wheel or Exchange water from any source when such receipt, Wheeling or 
Exchange is likely to result in a violation of then existing federal, state or local laws or 
regulations regarding water quality. 
15.3. Contractor shall indemnify and hold MWD harmless for, from and against 
all claims, penalties, costs, liabilities, damages or losses of any kind, including reasonable 
attorneys’ fees and costs, arising from (a) the acts or omissions of Contractor, its 
employees or agents, (b) the delivery of water by Contractor to others, (c) the use of 
water by Contractor or others to whom Contractor has delivered water or (d) the 
introduction of Nondistrict Water to or the Wheeling or Exchange of Nondistrict Water in 
the MWD Water Delivery system, including, but not limited to, water quality degradation 
due to commingling of Nondistrict Water in the MWD Water Delivery System.

-22-
16. 
ACCESS TO PREMISES AND FACILITIES.
Contractor grants to MWD, its employees and agents a right of access to 
the premises identified in Exhibit A, at reasonable times and after reasonable notice from 
MWD, for such purposes as installing, connecting, reading, testing, repairing, adjusting, 
disconnecting, removing or inspecting meters, measuring devices, communications 
equipment, data devices and other apparatus and equipment pertinent to the provision of 
or accounting for services under this Agreement.  Right of access under this Section 
shall be in a manner approved by the Authorized Representatives.
17.
GENERAL LIABILITY.
(a) To the extent permitted by law, Contractor shall indemnify, defend, save,
and hold harmless MWD from any and all claims caused by the negligent or willful acts, 
errors or omissions of City.   
(b) To the extent permitted by law, MWD shall indemnify, defend, save, and hold
harmless Contractor and each council member, officer, official, employee or agent of the 
Contractor (any such person or entity called a “Contractor Indemnified Party”) from any 
and all claims caused by the negligent or willful acts, errors or omissions of MWD. 
18.
UNCONTROLLABLE FORCES.
Neither Party shall be considered to be in default in the performance of any of its
obligations hereunder (other than obligations of Contractor to make payment for service 
hereunder) when a failure of performance is due to uncontrollable forces.  The term 
“uncontrollable forces” shall mean any cause beyond the control of the Party unable to 
perform such obligation, including, but not limited to, failure of or threat of failure of 
facilities; flood; earthquake; storm; fire; lightning; other natural catastrophes; epidemic;

-23-
terrorism; war; riot; civil disturbance or disobedience; strike; labor dispute; labor or 
material shortage; sabotage; government priorities or restraint by court order or public 
authority; or action or nonaction by, or failure to obtain the necessary authorizations or 
approvals from, any governmental agency or authority, which by exercise of due diligence 
such Party reasonably could not have been expected to avoid and which by exercise of 
due diligence it is unable to overcome.  Nothing contained herein shall be construed to 
require either Party to settle any strike or labor dispute in which it is involved. 
19. NOTICES.
Any notice, demand or request provided for in this Agreement shall be in 
writing and delivered in person, or sent by registered or certified mail, postage prepaid, 
to: 
For Mailing: 
Maricopa Water District 
P. O. Box 900 
Waddell, Arizona  85355-0900 
Reference:  Nondistrict Water Wheeling Agreement 
(With a copy to MWD’s Authorized Representative) 
For Hand Delivery: 
Maricopa Water District 
14825 West Grand Avenue 
Surprise, Arizona  85374 
Reference:  Nondistrict Water Wheeling Agreement 
(With a copy to MWD’s Authorized Representative) 
For Mailing and Hand Delivery: 
City of Buckeye 
Attn: Water Director 
21749 W. Yuma RD., Suite 107 
Buckeye, AZ 85326 
City of Buckeye 
Attn:  City Manager 
530 East Monroe Avenue 
Buckeye, Arizona 85326 
City of Buckeye 
Attn: K. Scott McCoy, City Attorney 
530 East Monroe Avenue 
Buckeye, Arizona 85326

-24-
20. WAIVER.
The waiver by either Party of any breach of any term, covenant or condition 
herein contained shall not be deemed a waiver of any other term, covenant or condition, 
or any subsequent breach of the same or any other term, covenant or condition herein 
contained. 
21. HEADINGS.
Title and paragraph headings herein are for reference only and are not part 
of this Agreement. 
22. RECLAMATION REFORM ACT.
In no event shall MWD’s performance of obligations under this Agreement 
subject MWD or its members to provisions of the Reclamation Reform Act of 1982 
(“RRA”), 43 U.S.C. § 390bb (1), as amended, or regulations implementing the RRA to 
which MWD would not otherwise have been subjected.  Further, in the event that a 
change of legislation, future federal agency determination or other administrative or 
judicial action subjects or purports to subject MWD to the RRA as a result of MWD’s 
performance of obligations under this Agreement, this Agreement may be terminated by 
either Party by giving the other Party written notice of termination.  Notwithstanding the 
foregoing, to the extent practicable, MWD will notify Contractor and confer with Contractor 
regarding any threatened application of the RRA, prior to voiding this Agreement. 
23. CONTRACT REOPENER.
a. Either Party may request that this Agreement be modified because of
extraordinary circumstances.  For purposes of this Section 23,
“extraordinary circumstances” are circumstances which were not
reasonably foreseeable by the Parties, are beyond the Parties’ control, and

-25-
have resulted in a substantial change in either Party’s benefits or obligations 
under the Agreement. 
b. This Section 23 is intended to apply to events including, but not limited to,
changes in legislative authority, enactment of new environmental
requirements, destruction of canals, changes in water rights and changes
in technology.
c. If a Party requests that this Agreement be modified pursuant to this Section
23, the Parties agree to negotiate in good faith to reach a reasonable and
equitable modification of this Agreement.
d. The Party requesting the modification has the burden of showing that the
event causing the request for modification meets the requirements of
Section 23.1 and that the modification requested is reasonable and
equitable to both Parties.
e. This Section 23 does not preclude the Parties from modifying this
Agreement by mutual consent for reasons that do not meet the
requirements of Section 23.1.
24. GOVERNING LAW.
This Agreement is made under, and shall be governed by, the laws of the 
State of Arizona. 
25. NO THIRD PARTY BENEFICIARIES.
This Agreement is solely for the benefit of the Parties, and does not create 
nor shall it be construed to create rights in any third party.  No third party may enforce the 
terms and conditions of this Agreement. 
26.
ASSIGNMENT.

-26-
26. 
ASSIGNMENT.
This Agreement shall be binding upon and inure to the benefit of the 
successors and assigns of the Parties.  Contractor shall not assign this Agreement or 
the rights and privileges herein, in whole or in part, without the prior written consent of 
MWD, which consent shall be in MWD’s sole and absolute discretion.  Absent MWD’s 
consent, any attempted assignment shall be void.  Notwithstanding the foregoing, 
Contractor may assign this Agreement to a parent, subsidiary or affiliate, or in 
connection with a corporate restructuring, upon written notice to MWD, which notice 
shall contain an agreement in writing by the Contractor’s assignee to abide by the 
terms and conditions of this Agreement.  Notwithstanding any assignment, Contractor 
shall remain primarily liable and responsible for fulfilling the terms and conditions of 
this Agreement, unless MWD otherwise agrees in writing, which agreement shall be in 
MWD’s sole discretion. 
27. ENTIRE AGREEMENT.
The terms, covenants and conditions of this Agreement constitute the 
entire Agreement between the Parties, and no understandings or obligations not herein 
expressly set forth shall be binding upon them.  This Agreement may not be modified or 
amended in any manner unless in writing and signed by the Parties.      
28. 
PROVISIONS REQUIRED BY LAW.
This Agreement is subject to cancellation pursuant to the provisions of Ariz. Rev. 
Stat. § 38-511.  To the extent Ariz. Rev. Stat. §§ 35-393 through 35-393.03 are applicable, 
MWD hereby certifies that as of the Effective Date it is not currently engaged in, and 
agrees for the duration of this Agreement to not engage in, a “boycott” of goods or 
services from Israel, as that term is defined in Ariz. Rev. Stat. § 35-393.  To the extent 
applicable under Ariz. Rev. Stat. § 35-394, MWD warrants and certifies as of the Effective 
Date that it does not currently, and agrees for the duration of this Agreement, that it will

-27-
not use the forced labor, any goods or services produced by the forced labor, or any 
Contractors, subcontractors, or suppliers that use the forced labor or any good or services 
produced by the forced labor of ethnic Uyghurs in the People’s Republic of China.  If MWD 
becomes aware that it is not in compliance with Ariz. Rev. Stat. § 35-394, MWD shall 
notify the City of the noncompliance within five (5) business days of becoming aware of 
it.  If the City request a written certification in writing that MWD has remedied the 
noncompliance, and MWD fails to provide such written certification within 180 days of the 
request, this Agreement shall terminate unless the termination date of this Agreement 
occurs before the end of the remedy, in which case this Agreement terminates on the 
Agreement termination date.  To the extent applicable under Ariz. Rev. Stat. § 41-4401, 
MWD warrants as of the Effective Date that it is in compliance with all federal immigration 
laws and regulations relating to employees and compliance with the E-verify requirements 
under Ariz. Rev. Stat. § 23-214(A).

Exhibit A 
Page 1 of 3 
 
THIRD PRIORITY 
NONDISTRICT WATER WHEELING 
AND EXCHANGE AGREEMENT 
BETWEEN 
MARICOPA COUNTY MUNICIPAL WATER 
CONSERVATION DISTRICT NUMBER ONE 
AND 
CITY OF BUCKEYE 
 
 
EXHIBIT A 
 
Point(s) of Delivery for City of Buckeye 
 
 
 
 
 
 
 
 
 
Number of Miles Between 
 
 
 
 
 
 
 
 
Point of Receipt (Big Mac) 
Point of Delivery 
 
 
 
 
and Point of Delivery      
 
1. 
EPCOR 
 
 
 
 
14.01  miles 
 
White Tanks Water Treatment Plant 
 
(Approx. 1,500 feet North of Cactus Road 
 
on the Beardsley Canal) 
 
 
 
Page 2 of this Exhibit is a map depicting the locations of the Point(s) of Delivery, 
Point of Receipt and the MWD Turnout.  Page 3 of this Exhibit is a map depicting 
the premises to which MWD has a right of access pursuant to Section 16 of this 
Agreement. 
 
 
MARICOPA 
COUNTY 
MUNICIPAL 
WATER CONSERVATION DISTRICT 
NUMBER ONE, a municipal corporation 
and a political subdivision of the State of 
Arizona 
 
 
 
By 
 
 
 
 
 
 
 
Date  
 
 
 
 
CITY 
OF 
BUCKEYE, 
an 
Arizona 
municipal corporation 
 
 
 
 
 
 
By 
 
 
 
 
 
 
 
Date

CITY OF BUCKEYE 
 
White Tanks Water 
Treatment Plant 
Sin: 748+19 
✓ 
CAP Hayden-Rhodes Aqeduct 
I 
POINT OF RECEIPT

0 
d IMWD TURNOUT


Stn: 272+13 
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EXHIBIT A

CITY OF BUCKEYE 
WHITE TANKS WATER
   TREATMENT PLANT 
POINT OF DELIVERY 
Stn: 1,011+65 
Beardsley Canal 
WADDELL RD. 
MWD RIGHT OF ACCESS 
PURSUANT TO SECTION 16 
Beardsley Canal ROW 
CACTUS RD. 
w ... ... ... 
D: 
w 
D,, 
EXHIBIT A 
PAGE 3 of3

Exhibit B 
Page 1 of 2 
 
THIRD PRIORITY 
NONDISTRICT WATER WHEELING 
AND EXCHANGE AGREEMENT 
BETWEEN 
MARICOPA COUNTY MUNICIPAL WATER 
CONSERVATION DISTRICT NUMBER ONE 
AND 
 
 
 
 
 CITY OF BUCKEYE 
 
EXHIBIT B 
WATER DELIVERY PRIORITY 
 
Priority for delivery (or Wheeling or Exchange) of water in the MWD Water Delivery System: 
 
First Priority: 
Delivery of District Water to MWD members from any existing and/or future 
sources, including water exchanged for member use and water used to 
augment or replace member supplies, but not including Exchanges under 
this Agreement or exchanges under similar agreements.  This First Priority 
also includes delivery of 450 acre feet of water per annum pursuant to the 
Agreement between MWD and F. N. Bard, dated March 5, 1952. 
 
Second Priority: Wheeling or exchange of water pursuant to agreements with MWD in which 
the subject water is designated as Second Priority.  Such agreements may 
include agreements in which the Contractor agrees to take or pay for the 
wheeling or exchange capacity, or otherwise provides a benefit to MWD, 
which MWD, in its sole and absolute discretion, determines is greater than 
the benefits it receives under Third Priority agreements. 
 
During any MWD Water Delivery System capacity interruption or 
curtailment, Second Priority water will be delivered in accordance with their 
respective priorities, to Second Priority contractors who have ordered 
water. 
 
 
Within this Second Priority, there is a Monthly Scheduling and Daily 
Ordering subpriority for water being delivered to a recharge facility.  Such 
deliveries may be interrupted, curtailed or rescheduled before other water 
of equal or higher priority is interrupted or curtailed.  Any such interruption, 
curtailment or schedule change shall not affect Contractor’s ability to 
receive such Nondistrict Water at a later time when the delivery can be 
accommodated. 
 
Third Priority: 
Wheeling or exchange of water pursuant to agreements wherein the water 
wheeled or exchanged is designated as Third Priority. During any MWD 
Water Delivery System capacity interruption or curtailment, Third Priority

Exhibit B 
Page 2 of 2 
 
water will be delivered pro rata to Third Priority contractors who have 
ordered water. 
 
Within this Third Priority, there is a Monthly Scheduling and Daily Ordering 
subpriority for water being delivered to a recharge facility.  Such deliveries 
may be interrupted, curtailed or rescheduled before other water of equal or 
higher priority is interrupted or curtailed.  Any such interruption, curtailment 
or schedule change shall not affect Contractor’s ability to receive such 
Nondistrict Water at a later time when the delivery can be accommodated. 
 
In the event that water must be evacuated from the MWD Water Delivery System, or flows 
into the MWD Water Delivery System must be interrupted or curtailed, lower priority water 
will be affected first.  Notwithstanding the foregoing, to the extent that it is necessary to 
evacuate water because of excess stormwater runoff entering the MWD Water Delivery 
System, the amount of water evacuated, up to the amount of such runoff, will be considered 
stormwater and not Contractor’s Nondistrict Water.

Exhibit C 
 
THIRD PRIORITY 
NONDISTRICT WATER WHEELING 
AND EXCHANGE AGREEMENT 
BETWEEN 
MARICOPA COUNTY MUNICIPAL WATER 
CONSERVATION DISTRICT NUMBER ONE 
AND 
CITY OF BUCKEYE 
 
EXHIBIT C 
 
EXAMPLE CALCULATION OF BASE RATE, 
BASE ADMINISTRATION FEE AND 
ADDITIONAL BASE ADMINISTRATION FEE 
 
 
Assume 
 
Index for October 2005:  199.2  
Index for October 2023:  307.7  
Index for October 2024:  315.6 
Initial Base Rate:  $25 
Initial Base Administration Fee:  $2,500 
Initial Additional Base Administration Fee:  $500 
 
Then 
 
Index Percentage for 2023 is 154.47% (307.7 ÷ 199.2) 
Index Percentage for 2024 is 158.41% (315.6 ÷ 199.2) 
Base Rate for 2023 is $39.63 (129.77% x 25.00) 
Base Rate for 2024 is $39.62 (158.43% x 25.00) 
Base Administration Fee for 2023 is $3,863.05 (154.47% x 2,500.00) 
Base Administration Fee for 2024 is $3,962.38 (158.41% x $2,500.00) 
Additional Base Administration Fee for 2023 is $772.61 (154.47% x $500.00) 
Additional Base Administration Fee for 2024 is $792.48 (158.41% x $500.00) 
 
 
The foregoing examples are for illustrative purposes only, and each Index Percentage 
shall be determined by the actual relevant Indices, and the Base Rate, Base 
Administration Fee and Additional Base Administration Fees may be further modified after 
2012 pursuant to Section 4.4 of the Agreement.