WATER PURCHASE CONTRACT RBS-2A
THIS WATER PURCHASE CONTRACT is made this 25th day of September, 2003 by and between the New
Jersey Water Supply Authority (the "Authority"), an instrumentality of the State of New Jersey created pursuant
to the provisions of the New Jersey Water Supply Authority Act, P.L. 1981, C. 293, as amended, N.J.S.A. 1B
ss.58:1B-1 et seq. and Middlesex Water Company ("Middlesex"), a corporation existing under the laws of the
State of New Jersey (also referred to herein as "the Purchaser").
Pursuant to the Authority Act, the Authority was established for the express purpose of operating water supply
facilities, including those water supply facilities theretofore operated by the State. In accordance with the
Authority Act, the Authority operates, inter alia, the System.
In connection with the operation of the System, the Authority, both in its own right and as the successor to the
water supply facilities of the State, is a party with various System Water Purchasers, including the Purchaser, to
Existing Contracts pursuant to which the Authority makes water available for purchase by such System Water
The Authority contemplates from time to time, undertaking various improvements to the System and in connection
therewith, expects to adopt a Resolution which will authorize, inter alia, the issuance of Bonds for the purpose of
making funds available to finance various projects for the System. Pursuant to a Bond Resolution, certain of the
revenues received by the Authority from System Water Purchasers will be pledged by the Authority to pay the
principal of and interest on Bonds.
The parties hereto are entering into this Contract, which is one of several Water Purchase Contracts to be
entered into by the Authority with System Water Purchasers, in order (i) to supercede the Existing Contracts
between the Authority and the Purchaser and (ii) to provide for the sale to and purchase of water by the
Purchaser consistent with the Purchase