HomeMy WebLinkAbout1998-052-03/17/1998-ESTABLISHING RENTAL RATES TO BE CHARGED FOR THE CITYS SURPLUS RAW WATER FOR THE 1998 SEASON RESOLUTION 98-52
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ESTABLISHING RENTAL RATES TO BE CHARGED FOR THE
CITY'S SURPLUS WATER FOR THE 1998 SEASON
WHEREAS, each year after the irrigation companies have established the annual assessment
rates for their water,the City's Water Utilities Board("the Board") makes a recommendation to the
City Council on the rental rates to be charged for the City's surplus raw water; and
WHEREAS, on February 26, 1998, the Board discussed the rental program and
recommended the following rates for the 1998 irrigation season:
Type of Water 1998 Rental Charge*
NCWCD Water(CBT)—Ag $ 17.00 /ac-ft
NCWCD Water(CBT)—M&I $ 32.00 /ac-ft
North Poudre Irrigation Company—Early Ag Use $ 10.00 /ac-ft
North Poudre Irrigation Company—Ag Use $ 22.00 /ac-ft
North Poudre Irrigation Company—Multiple Use $ 27.00 /ac-ft
Water Supply and Storage Company $ 2,400.00 /share
Pleasant Valley and Lake Canal Company $ 180.00 /share
New Mercer Ditch Company $ 180.00 /share
Larimer County Canal No. 2 $ 300.00 /share
Arthur Irrigation Company $ 12.00 /share
Warren Lake Reservoir Company $ 120.00 /share
Joe Wright Reservoir Water $ 37.00 /ac-ft
Sherwood Reservoir Company $ 5.00 /share
Sherwood Irrigation Company $ 700.00 /share
* 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 that the rental rates set forth above are hereby approved for the City's surplus raw water
for 1998 and the City's Water Utilities General Manager, or his representative, is authorized to rent
such surplus raw water at said rates.
Passed and adopted at a regular meeting of the Councilqfl6kity of Fort ms helc 'this
17th day of March, A.D. 1998.
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ATTEST:
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City Clerk ',