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HomeMy WebLinkAboutWater Board - Minutes - 01/23/1968r Onuary 23, 1968 • • 0 MINUTES OF A CALLED MEETING OF THE WATER BOARD Held January 23, 1968, at 3:30 otclock P.M. in the City Manager's office. The following members were present: President Ward Fischer, Vice - President Frank Ghent, Board Members Owen Moore, Harvey Johnson, W. G. Wilkinson, Norman Evans, Fred Feit and Secretary John Bartel. Also present: City Manager Tom Coffey, Director of Finance Charlie Cain, Director of Public Works Charles Liquin and Superintendent of Water Eddie Hilgenberg. The Chairman opened the meeting by calling on the City Manager to report on his findings in regard to the cost of water by our neighbor cities. It was unanimously agreed and motion was made by Owen Moore, seconded by Dugan Wilkinson, that the City meet the Current Market Price of Horsetooth water that becomes available to the City within Larimer County, also, that the City Manager negotiate with the seller at not more than Market Price and offer rent back priveleges, since the City is not hurting for water at the present time. To confer with the Water Board should there be a drastic change in the cost of water. The President put the motion which was unanimously adopted. It was pointed out by several members that the City of Boulder had recently purchased a large Block of Big T water and paid $150.00 per acre foot. It was the consensus of opinion that this was forcing the price above what it was worth at the present, however, it was stated that Boulder was in dire need and did so with out considering the other cities. t • r presented. 0 Jeary 23, 1968 The matter of the cost of water furnished with an annexation was Since Ordinance No. 18,1965, Section 67, states that the cost per acre foot is $100.00, motion was made by Frank Ghent, seconded by Owen Moore, that the ordinance be amended by removing $100.00 per acre foot, and insert Market Price at tine of annexing or developing. The President put the motion which was unanimously adopted. The City Manager said he has an opportunity to buy 1g shares of Water Supply and Storage Co. stock at a flat price of $25,000.00. After some dis- cussion, it was agreed this was good water. Motion.was made by Fred Feit, seconded by Owen Moore, that the City Manager proceed with the purchase. The President put the motion which was unanimously adopted. The Board informed the Secretary to recommend to the City Council of the above transactions through the City Manager. This was done by memo dated January 24, 1968. • With nothing further to discuss at this time, the Board adjourned. Secretary 40