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County approves 10‑year Vicinity Water contract; staff to encumber termination and annual fees
Summary
Commissioners approved a 10‑year contract with Vicinity Water and were told staff will encumber funds for potential termination fees and the annual payment for the current year; the termination fee amount was discussed but not clearly stated in the record.
Oklahoma County commissioners on June 24 approved a 10‑year contract with Vicinity Water, county staff said.
A staff presenter told the board that the contract requires the county to encumber funds to cover possible termination fees and to set aside the amount due annually for the current year. "Part of this contract, you should be aware that they required us to encumber funds for in case there was ever any termination," the presenter said.
During the item a figure was referenced for the termination fee, but the meeting record does not clearly state a precise dollar amount. County staff confirmed they encumbered funds both to cover the potential termination cost and the annual payment for the year.
Commissioners moved and seconded approval of the contract; the motion carried by voice vote. The county did not read a contract price into the public record at the June 24 meeting.
