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FROM . 1 804 225 8356 01-29-98 02:35PM TO 16049703523 u115 P.2i6 • RESOLUTION AMENDING THE SERVICE AGREEMENT ALBEMARLE-CHARLOTTESVILLE REGIONAL JAIL AUTHORITY Be it Concurrently Resolved by the Albemarle -Charlottesville Regional Jail Authority, the Board of Supervisors of'Albemarle County, and the City Council of the City oJ' Charlottesville: I. RECITALS The ALBEMARL:F.-CHARLOTTESVILLE REGIONAL. JAIL AUTHORITY (hereafter the "Authority") and the COUNTY OF ALBEMARLE and the CITY OF CHARLOTTESVILLE, political subdivisions of the Commonwealth of Virginia (collectively the "Member Jurisdictions") have previously approved and executed a Service Agreement dated November 15, 1995, (the "Service Agreement"), creating the Authority and specifying the terms and conditions under which (1) the Authority will operate the Albemarle - Charlottesville Regional Jail (the "Jail") and (2) the Member Jurisdictions will commit prisoners to the Jail and pay the charges assessed by the Authority for keeping such prisoners. In preparing to issue bonds to fund the cost of the improvements planned for the Jail. the Authority has determined that certain amendments to the Service Agreement are necessary • and appropriate to secure the most favorable terms for the sale of such bonds, and has approved and recommended these amendments to the Member Jurisdictions. Now, therefore, in consideration of the mutual benefits and obligations described in the amended sections. the parties agree to amend the Service Agreement as follows: II. AMENDMENTS A. Section 5.1 of the Service Agreement is deleted in its entirety and replaced with the following: Section 5.1 Payments from Member Jurisdictions (a) Per Diem Prisoner Payments. (1) In preparing its Annual Budget, the Authority shall establish a per diem charge for the care, maintenance and subsistence of Prisoners from Member Jurisdictions during the next Fiscal Year. This per diem charge shall consist of two components, including an Operating Component, and a prisoner -based Debt Service Component. The Operating Component shall be calculated to produce revenues that equal the Authority's projected Net Operating Expenses for such Fiscal Year and the Debt Service Component shall he calculated to produce revenues equal to the portion of the Authority's Net Debt Servicc for such Fiscal Year includable in such per diem charge under the provisions of