HomeMy WebLinkAbout1994-048-03/15/1994-IRRIGATION WATER RENTAL RATES SURPLUS WATER RESOLUTION 94-48
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ESTABLISHING RENTAL RATES TO BE
CHARGED FOR THE CITY'S SURPLUS WATER
WHEREAS, each year, after the irrigation companies have established the
annual assessment rates for their water, the Water Board makes a recommendation
to the City Council on the rental rates to be charged for the City's surplus
water; and
WHEREAS, on February 18, 1994, the Water Board discussed the rental program
and recommended the following rates for the 1994 irrigation season:
Type of Water Proposed 1994 Rental Charge*
NCWCD Water (CBT) $ 16.00 /ac-ft
North Poudre Irrigation Co. $ 85.00 /share
Water Supply and Storage Co. $ 1,800.00 /share
Pleasant Valley & Lake Canal Co. $ 120.00 /share
New Mercer Ditch Co. $ 275.00 /share
Larimer County Canal No. 2 $ 220.00 /share
Arthur Irrigation Co. $ 10.00 /share
Warren Lake Reservoir Co. $ 110.00 /share
Joe Wright Reservoir Water $ 18.00 /ac-ft
Sherwood Res. Co. $ 5.00 /share
Sherwood Irrigation Co. $ 330.00 /share
* For late season rentals, rates may be adjusted to reflect the remaining
yield or the prevailing market price of the water stock being rented; and
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 the City's rental of its surplus water for 1994.
Section 2. That the Water Utilities Director, or his representative, is
hereby authorized to rent the City's surplus water at these approved rental rates
for 1994.
Passed and adopted at a regular meeting of the Coun it of the City of Fort
Collins held this 15th day of March, A.D. 1994.
Mayo
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ATTEST:
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City Clerk