Section 11.12 - Financial Assistance for Local Source DevelopmentThe Authority will pay the development costs of any new local water supply only if:
(a) the development of that local source is technically and economically feasible and can be conducted in complicance with all applicable state and federal environmental regulations; and(b) The community wherein the local source is located agrees, through an amendment to the Agreement, that the distribution of all water produced by that source shall be subject to the exclusive control and direction of the Authority.