SUBJECT:
Title
A Resolution of the Town Council of the Town of Erie Approving the Twenty-First Interim Agreement Between the Northern Colorado Water Conservancy District, through its Northern Integrated Supply Project Water Activity Enterprise, and the Town of Erie, Acting by and through its Erie Water Activity Enterprise
Body
DEPARTMENT: Public Works
...Department
PRESENTER(S): Todd Fessenden, Public Works Director
Andrea Kehrl, Water Counsel
... First Name Last Name, Title
FISCAL SUMMARY:
Cost as Recommended: $5,427,500
Balance Available: $6,500,000
Budget Line Item Number: 500-75-110-603500-100007
New Appropriation Required: No
POLICY ISSUES:
NISP is intended to provide a new water supply to meet part of the Town's anticipated future water demands, and it is an important project necessary to meet those demands. It also provides additional flexibility within the NCWCD system with Erie's CBT and Windy Gap Units.
STAFF RECOMMENDATION:
Recommendation
Approve the Resolution approving the Town to enter into the Twenty-First Interim Agreement for Participation in the Northern Integrated Supply Project.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Town of Erie previously approved numerous agreements with the Northern Colorado Water Conservancy District, acting by and through its Northern Colorado Water Conservancy District Northern Integrated Supply Project Water Activity Enterprise, (NCWCD) to participate in the Northern Integrated Supply Project (NISP or the Project). The Town of Erie, acting by and through its Erie Water Activity Enterprise, (Erie) is participating in the Project for a permitted firm yield of 6,500 acre-feet per year of water for future water demands.
At this time, NCWCD has requested that each participant in NISP enter into a Twenty-First Interim Agreement for Participation in NISP (Agreement) to continue its participation into 2025 and to provide funds in support of the Project in 2025, as discussed ...
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