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HomeMy WebLinkAbout1994-197-12/06/1994-ALLOTMENT CONTRACT CBT WATER NCWCD RESOLUTION 94-197 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING APPLICATION TO NORTHERN COLORADO WATER CONSERVANCY DISTRICT FOR CANCELLATION OF CLASS B ALLOTMENT CONTRACT WHEREAS, the City of Fort Collins holds 745 acre-foot units of Colorado- Big Thompson (CBT) Project water under a Class B Allotment Contract approved March 12, 1993 with the Northern Colorado Water Conservancy District (NCWCD) ; and WHEREAS, the NCWCD developed and approved a new standard allotment contract under C.R.S. 37-45-131 (Section 131) to address issues related to Amendment 1, adopted by Colorado voters on November 5, 1992; and WHEREAS, the NCWCD is recommending that all former Class B contracts that were entered into after November 5, 1992 be converted to the new Section 131 contract; and WHEREAS, the City of Fort Collins desires to convert these 745 acre-foot units of CBT water from the former Class B contract to the new Section 131 perpetual allotment contract. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Mayor be and is hereby authorized to apply to the NCWCD for cancellation of the former Class B Allotment Contract dated March 12, 1993 for the Seven Hundred Forty-five (745) acre-foot units of CBT water in order for the City to convert such water to use under a new Section 131 perpetual allotment contract with the NCWCD. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 6th day of December, A.D. 19 or ATTEST: City Clem