HomeMy WebLinkAbout1997-035-03/18/1997-RENTAL RATES SURPLUS RAW WATER RESOLUTION 97-35
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ESTABLISHING RENTAL RATES TO BE CHARGED FOR THE
CITY'S SURPLUS RAW WATER FOR THE 1997 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 20, 1997, the Board discussed the rental program and
recommended the following rates for the 1997 irrigation season:
Type of Water Proposed 1997 Rental Charge*
NCWCD Water(CBT) $ 17.00/ac-ft
North Poudre Irrigation Company $ 100.00/share
Water Supply and Storage Company $ 2,200.00 /share
Pleasant Valley & Lake Canal Company $ 135.00 /share
New Mercer Ditch Company $ 300.00 /share
Larimer County Canal No. 2 $ 220.00 /share
Arthur Irrigation Company $ 12.00 /share
Warren Lake Reservoir Company $ 110.00 /share
Joe Wright Reservoir Water $ 30.00/ac-ft
Sherwood Reservior Company $ 5.00/share
Sherwood Irrigation Company $ 440.00 /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 raw 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 1997 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 Cou o the City Off lins held this
18th day of March, A.D. 1997. r'
Mayor
ATTEST:
"A
City Clerk