FARMER, Judge.
In 1976 the Village of Tequesta (Tequesta) owned and operated its own fresh water supply system. To meet its needs and to ensure a supply of sufficient water for its customers, Tequesta entered into a 30 year "Bulk Sale Water Service Agreement" with a private company, Tri-Southern Utilities Co. Under this agreement, the company would supply Tequesta with up to 2 million gallons per day (MGD) of potable water; and Tequesta agreed to buy at least 1.5...
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