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HomeMy WebLinkAbout1979-113-12/04/1979-AUTHORIZING THE CITY MANAGER AND THE CITY CLERK TO EXECUTE AN AGREEMENT WITH THE PLEASEANT VALLEY AN RESOLUTION NO 79-113 OF THE COUNCIL OF THE CITE FORT COLLINS AUTHORIZING THE CITY MANAGER AND THE CITY CLERK TO EXECUTE AN AGREEMENT WITH THE PLEASANT VALLEY AND LAKE CANAL COMPANY WHEREAS, the City of Fort Collins has acquired and is the owner of approximately forty percent (40%) of the outstanding shares of stock in the Pleasant Valley and Lake Canal Company, which stock was acquired by the City as a source of water supply for the City Water Utility, and WHEREAS, use of the water represented by said stock will require that such water be withdrawn from the ditch of the company, and WHEREAS, the City and the ditch company have negotiated an agreement permitting withdrawal of such water from the company' s ditch, and WHEREAS, such proposed agreement has been reviewed and recommended by the City Water Board and in the opinion of the City Council such an agreement would be in the best interests of the City NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager and City Clerk are authorized and directed to execute an agreement in accordance herewith for and on behalf of the City ` of Fort Collins Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 4th day of December A D 1979 (?z M r A T ST i' i Cft—y Clleek ►1