BANKE, Presiding Judge.
This is a dispute over an increase in rates for water service provided by Fayette County to the City of Fayetteville. In April of 1966, the parties entered into a written contract for a 40-year period, whereby the county agreed to provide water service to the city at a specified rate. The agreement specified that "if any disagreement shall arise with reference to the construction of this contract, or with reference to any matter connected with...
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