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HomeMy WebLinkAbout1983-063-04/05/1983-ESTABLISHING RENTAL RATES TO BE CHARGED FOR THE CITY'S SURPLUS WATER RESOLUTION 83- 63 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 recommen- dation to the Council on the rental rates to be charged for the City' s surplus water, and WHEREAS, on March 18, 1983, the Water Board discussed the rental rates for 1983 and recommended the following rates for the 1983 irrigation season Irrigation Company 1983 Rental Charge* NCWCD Water (CBT) E 13 00/ac-ft North Poudre Irrigation Company 100 00/share Water Supply & Storage Company 1500 00/share Pleasant Valley & Lake Canal 70 00/share New Mercer Ditch Company 180 00/share Larimer County Canal #2 120 00/share Arthur Irrigation Company 8 00/share * For late season rentals, rates may be adjusted to reflect the propor- tional remaining yield of the water stock being rented (if applicable), 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 that the above rental rates be, and they hereby are, approved for surplus water for 1983 BE IT FURTHER RESOLVED that the Director of Public Works be, and he hereby, is, authorized to rent surplus water at the rates specified Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 5th day of April 1983 ATTEST Mayor City Clerk