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HomeMy WebLinkAbout2006-035-03/21/2006-ESTABLISHING RENTAL RATES AND DELIVERY CHARGES FOR THE CITYS RAW WATER FOR THE 2006 SEASON RESOLUTION 2006-035 OF THE COUNCIL OF THE CITY OF FORT COLLINS ESTABLISHING RENTAL RATES AND DELIVERY CHARGES FOR THE CITY'S RAW WATER FOR THE 2006 SEASON WHEREAS, each year prior to the irrigation season,the City staff and the Water Board(the "Board")make a recommendation to the Council regarding rental rates and delivery charges for the use of the City's raw water; and, WHEREAS,the Water Utility uses these rates to assess charges for agricultural rental water, for various contractual raw water obligations and for raw water deliveries to other City departments, and to cover the City's costs of administering and delivering the raw water; and WHEREAS, on February 23, 2006, the Board discussed the rental program and the use of raw water and recommended the following rates for the 2006 irrigation season: Type of Water Proposed 2006 Rental Rates/Charges (1) RWR Not Satisfied RWR Satisfied Active Rental Market NCWCD Water(CBT) - Ag $ 28.00/ac-ft n/a NCWCD Water(CBT)—M&I $ 50.00/ac-ft n/a North Poudre Irrigation Co. —Early Ag Use $ 12.00/ac-ft n/a North Poudre Irrigation Co. - Ag Use $ 28.00/ac-ft n/a North Poudre Irrigation Co. —Multiple Use $ 28.00/ac-ft n/a Water Supply and Storage Co. $ 3,200.00/share n/a RWR Not Satisfied RWR Satisfied Limited Rental Market Arthur Irrigation Co. $ 60.00/share $ 12.00/share Larimer County Canal No. 2 $ 500.00/share $ 420.00/share New Mercer Ditch Co. $ 500.00/share $ 360.00/share Pleasant Valley& Lake Canal Co. $ 500.00/share $ 180.00/share Warren Lake Reservoir Co. $ 360.00/share $ 360.00/share Sherwood Res. Co. $ 10.00/share $ 8.40/share Sherwood Irrigation Co. $ 900.00 /share $ 900.00/share Reusable Sources $ 400.00/ac-ft $ 100.00/ac-ft Notes: (1) Rates may be adjusted to reflect the remaining yield or the prevalent market price of the water stock being rented. NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the rental rates and charges as set forth above are hereby approved for the City's raw water for 2006 and the Utilities General Manager, or his representative, is authorized to rent or deliver such raw water at said rates. Passed and adopted at a regular meeting of the Council of the City of Fort Collins this 21 st day of March, A.D. 2006. Mayor ' ATTEST: City Clerk