Section 720.212 - Cooperation agreement.The cooperation agreement shall have the force and effect of law until January 1, 2025, or an earlier termination date to which the city and authority mutually agree. The cooperation agreement shall govern:
(1) Changes in the city and authority's rights and obligations resulting from the enactment of the act of December 21, 2017 ( P.L. 1208, No.65), entitled "an act amending title 66 (public utilities) of the Pennsylvania consolidated statutes, in rates and distribution systems, further providing for rates to be just and reasonable; and providing for water and sewer authorities in cities of the second class," including rates paid by the city to the authority for public utility service.(2) The division of services related to the system.(3) Payments by the city and authority to the other based on actual, verifiable, direct expenses and in accordance with customary utility practices under 66 Pa.C.S. Pt. I (Relating to public utility code).(4) Payments by the authority to the city that shall be subordinate to each debt obligation of the authority.(5) Cooperation by the city and authority in their respective capital projects which may impact each other.(6) Responsibilities of the authority with respect to city parks and other city properties.(7) Ownership of the system.(8) Roles and responsibilities of the city and authority with respect to the system. Added by P.L. TBD 2020 No. 70, § 1, eff. 7/23/2020.