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HomeMy WebLinkAbout018 - 03/20/2012 - ESTABLISHING RENTAL RATES AND DELIVERY CHARGES FOR THE CITY'S RAW WATER FOR THE 2012 IRRIGATION SEAS ORDINANCE NO. 018, 2012 OF THE COUNCIL OF THE CITY OF FORT COLLINS ESTABLISHING RENTAL RATES AND DELIVERY CHARGES FOR THE CITY'S RAW WATER FOR THE 2012 IRRIGATION SEASON WHEREAS, each year prior to the irrigation season, the City staff and the Water Board make a recommendation to the City Council regarding rental rates and delivery charges for the use of the City's raw water; and WHEREAS, the Water Utility uses these rates to assess charges for agricultural rental water, for various contractual raw water obligations and for raw water deliveries to and for other City departments; and WHEREAS, on February 16, 2012,the Water Board discussed the rental program and the use of raw water and recommended the following rates for the 2012 irrigation season: Type of Water Proposed 2012 Rental Rates/Charges* Surplus Rental Rates NCWCD Water(CBT) - Ag $ 30.00 /ac-ft NCWCD Water (CBT) —M&I $ 49.00 /ac-ft North Poudre Irrigation Co. —Early Ag Use $ 12.00/ac-ft North Poudre Irrigation Co. - Ag Use $ 30.00/ac-ft North Poudre Irrigation Co. —Multiple Use $ 30.00/ac-ft Water Supply and Storage Co. $ 3300.00/share Reusable Sources $ 500.001 ac-ft Raw Water Delivery Charges NCWCD Water (CBT) —Ag $ 30.00/share Arthur Irrigation Co. $ 27.50/share Larimer County Canal No. 2 $ 550.00/share New Mercer Ditch Co. $ 990.00/share Pleasant Valley& Lake Canal Co. $ 192.50 /share Warren Lake Reservoir Co. $ 330.00/share Sherwood Res. Co. $ 8.80 /share Sherwood Irrigation Co. $ 660.00 /share Reusable Sources $ 100.00 /ac-ft Natural Area Program Rental Rates Boxelder Irrigation Company $ 700.00 /share Option Rates Option for Collateral Water $ 3.00 /ac-ft *Note: (1) Rental rates may be adjusted to reflect the remaining yield or the prevalent market price of the water stock being rented. (2) Charges for those who have satisfied the City's raw water requirements are set at approximately 110% of the assessments charged by that company. NOW,THEREFORE,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the rental rates and charges as set forth above are hereby approved as the City's raw water rates for 2012 and the Utilities Executive Director is authorized to rent or deliver such raw water at said rates. Introduced, considered favorably on first reading, and ordered published this 6th day of March, A.D. 2012, and to be presented for final passage on the 20th day of March, A.D. 2012. FORT Col O;• 'ti'LN �J .l2yC/ GC/ �-; lfa or ATTEST: Vno Interim City Clerk Passed and adopted on final reading on the 20th day of March, A.D. 2012. Nric.i Gv or ATTEST: FORT C G�fs " SEAL, Interim City Clerk •cOLORP�O