SUBJECT: CONSENT AGENDA
Title
A Resolution Of The Board Of Trustees Of The Town Of Erie Authorizing A Payment In The Amount Of $262,600 For The Lease Of Colorado Big Thompson Units From Bijou Irrigation Company
Body
DEPARTMENT: Public Works
PRESENTER: Todd Fessenden, Director of Public Works
FISCAL INFORMATION:
Cost as Recommended: $262,600
Balance Available: $262,600
Budget Line Item Number: 500-70-110-573440-000000
New Appropriation Required: No
STAFF RECOMMENDATION: Approve Resolution authorizing payments and authorizing Staff to expend said funds.
Recommendation
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The 2019 Operating Budget includes assessment fees for various water items. These are estimated amounts from the Town’s water attorney Paul Zilis; actual costs may vary. If the actual costs are more than 10% higher than the estimates, Staff will present the item to the Board for approval to pay. The Bijou lease is a lease for five years to provide a temporary water source for the Town while the Windy Gap Firming Project and the Northern Integrated Supply Project are being pursued.
Description 2018 Actual 2019 Budget
Bijou Irrigation Company Water Lease $203,918.40 $254,900
• Annual payment for Water Lease agreement for Bijou Irrigation Company
ATTACHMENTS:
a. Resolution
b. Financial Commitments