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Riverside Memorandum of Understanding <br />June 16, 2009 City Council Meeting <br />FINANCIAL IMPACT <br />Page 4 <br />Under the terms of this Memorandum of Understanding, the City of Riverside will compensate <br />the water utility $29,240. Entering into this MOU also saves both cities continued legal <br />expenses if the disputes had continued. <br />ENVIRONMENTAL IMPACT <br />None. <br />RECOMMENDATION <br />1. Authorize the City Manager to execute the Memorandum of Understanding (MOU) <br />between the City of Riverside and the City of Colton; and <br />Attachments: <br />1) Memorandum of Understanding <br />Prepared by: Mark Nuaimi <br />REVIEW TEAM ONLY <br />City Attorney: cz'�.,f,G� Finance Director: <br />City Manager: Other: <br />