HomeMy WebLinkAbout1992-051-03/17/1992-IRRIGATION RENTAL RATES SURPLUS WATER RESOLUTION 92- 51
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ESTABLISHING RENTAL RATES TO BE
CHARGED FOR THE CITY'S SURPLUS WATER
FOR THE 1992 SEASON
WHEREAS, each year after the irrigation companies have established the
annual assessment rates for their water, the Water Board makes a recommendation
to the Council on the rental rates to be charged for the City' s surplus water;
and
WHEREAS, on February 21 , 1992, the Water Board discussed the rental program
and recommended the following rates for the 1992 irrigation season:
Type of Water Proposed 1992 Rental Charge*
NCWCD Water (CBT) $ 18.00/ac-ft
North Poudre Irrigation Company $ 85.00/share
Water Supply & Storage Company $1,800.00/share
Pleasant Valley & Lake Canal Co. $ 100.00/share
New Mercer Ditch Company $ 250.00/share
Larimer County Canal No. 2 $ 170.00/share
Arthur Irrigation Company $ 9.00/share
Warren Lake Reservoir Co. $ 120.00/share
Joe Wright Reservoir Water $ 18.00/ac-ft
* For late season rentals, rates may be adjusted to reflect the remaining
yield or the prevalent market price of the water stock being rented.
WHEREAS, municipal supply and demand will be monitored and quantities
available for rent will be determined periodically; and
WHEREAS, an adequate amount of water will be reserved to ensure that the
City' s requirements are met.
NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as
follows:
Section 1 . That the above rental rates be, and they hereby are, approved
for surplus water for 1992.
Section 2. That the Water Utilities Director or his representative be, and
he hereby is, authorized to rent surplus water at the rates specified.
Passed and adopted at a regular meeting of the Council of the City of Fart
Collins held this 17th day of March 1992.
M yor P.o Tam
ATTEST:
City Clerk ' \J