HomeMy WebLinkAbout2002-028-03/19/2002-ESTABLISHING RENTAL RATES TO BE CHARGED FOR SURPLUS WATER FOR THE 2002 SEASON RESOLUTION 2002-028
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ESTABLISHING RENTAL RATES TO BE CHARGED FOR THE
CITY'S SURPLUS WATER FOR THE 2002 SEASON
WHEREAS, each year after the irrigation companies have established the annual
assessment rates for their water, the City's Water 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 28, 2002, the Board discussed the rental program and
recommended the following rates for the 2002 irrigation season:
Type of Water 2002 Rental Charge* _
NCWCD Water (CBT)—Ag $ 25.00 /ac-ft
NCWCD Water (CBT) —M&I $ 38.00 /ac-ft
North Poudre Irrigation Company—Early Ag Use $ 15.00 /ac-ft
North Poudre Irrigation Company— Ag Use $ 25.00 /ac-ft
North Poudre Irrigation Company—Multiple Use $ 30.00 /ac-ft
Water Supply and Storage Company $ 2,900.00 /share
Pleasant Valley and Lake Canal Company $ 200.00 /share
New Mercer Ditch Company $ 250.00 /share
Larimer County Canal No. 2 $ 400.00 /share
Arthur Irrigation Company $ 20.00 /share
Warren Lake Reservoir Company $ 150.00 /share
Joe Wright Reservoir Water $ 100.00 /ac-ft
Sherwood Reservoir Company $ 6.00 /share
Sherwood Irrigation Company $ 450.00 /share
Reusable Effluent $ 100.00 /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 2002 and the 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 Council of the City of Fort Collins held
this 19th day of March, A.D. 2002.
Mayor
ATTEST:
City Clerk
City of Fort Collins
Water Assessments and Rental Rates
Conversion
Yield
Source (Ac-Ft/Sh) 1999 2000 2001 2002 $/Ac Ft
NCWCD(CBT) 1
Assessment Rate($/unit) 16.80 IT64 18.52 19.44
Ag Rental Rate($/ac-ft) 18.00 19.00 21.00 25.00 25.00
Municipal Use Rental Rate($/ac-ft) 33,00 34.00 35.00 38.00 38.00
North Poudre 1
Assessment Rate($/sh) 85.00 50.00 60.00 85.00
Early Ag Rental Rate($/ac-ft) 10.00 10.00 12.00 15.00 15.00
Ag Rental Rate($/ac-ft) 22.00 22.00 22.00 25.00 25.00
Multiple Use Rental Rate($/ac-ft) 27.00 27.00 27.00 30.00 30.00
Water Supply and Storage 84
Assessment Rate($/sh) 760.00 775.00 950.00 950.00
Rental Rate($/sh) 2500.00 2600,00 2800.00 2900.00 34.52
Pleasant Valley&Lake 30
Assessment Rate($/sh) 150.00 150.00 150.00 120.00
Rental Rate($/sh) 180.00 200.00 200.00 200.00 6.67
New Mercer 30
Assessment Rate($/sh) 0.00 0.00 200.00 200.00
Rental Rate($/sh) 180.00 200.00 250.00 250.00 8.33
Larimer County#2 43
Assessment Rate($/sh) 200.00 200.00 400.00 300.00
Rental Rate($/sh) 275.00 300.00 450.00 400.00 9.30
Arthur 3.5
Assessment Rate($/sh) 10.00 10.00 10.00 11.50
Rental Rate($/sh) 14.00 16.00 17.00 20.00 5.71
Warren Lake 7
Assessment Rate ($/sh) 0.00 0.00 0.00 100.00
Rental Rate ($/sh) 120.00 130.00 140.00 150.00 21.43
Joe Wright Reservoir I
Rental Rate($/ac-ft) 38.00 60.00 75.00 100.00 100.00
Sherwood Reservoir Co.
Assessment Rate($/sh) 3.00 4.00 4.00 4.00
Rental Rate($/sh) 5.00 6.00 6.00 6.00
Sherwood Irrigation Co.
Assessment Rate($/sh) 400.00 400.00 400.00 400.00
Rental Rate($/sh) 400.00 400.00 450.00 450.00
Reusable Effluent 1
Rental Rate($/ac-ft) 34.00 60.00 75.00 100.00 100.00
Note: For late season rentals,rates may be adjusted to reflect the remaining yield or the prevalent market price of the
water stock being rented.