SUBJECT: CONSENT AGENDA
Title
A Resolution of the Board of Trustees of the Town of Erie, Acting By And Through Its Erie Water Activity Enterprise, ("Erie") Approving the Phase 1 Agreement ("Agreement") with the Northern Integrated Supply Project ("NISP" or the "Project") for the Funding of NISP Phase 1 Activities, in the Amount of $3,250,000
Body
DEPARTMENT: Public Works
PRESENTER: Todd Fessenden, Public Works Director
FISCAL INFORMATION:
Cost as Recommended: $3,250,000
Balance Available: $5,033,068 (with supplemental approval)
Budget Line Item Number: 500-70-110-603500-100007
New Appropriation Required: No
STAFF RECOMMENDATION: Approve the Resolution authorizing the Mayor or Town Administrator to execute the Agreement and authorizing staff to expend said funds for this purpose.
Recommendation
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The Board of Trustees previously approved agreements with the Northern Colorado Water Conservancy District, acting by and through its Northern Colorado Water Conservancy District Northern Supply Project Enterprise, ("NCWCD") to participate in NISP. Currently, Erie is participating in NISP for a permitted firm yield of 6,500-acre feet of water per year for future water demands.
NISP is a water project coordinated by NCWCD to develop additional water resources for 15 participant water providers within northern Colorado. Erie has participated in this group for the past 17 years to cooperatively pursue the Project. NISP is intended to provide a new water supply to meet part of Erie's anticipated future water demands, and it is an important project necessary to meet those demands. In coordination with water resources and legal consultation, Erie staff has determined that NISP has the potential to provide up to 6,500 acre-feet of firm annual water yield to partially meet Erie's projected, ultimate raw water demand. NISP provides a good opportunity to acquire a large portion of Erie's future water supply and enhance f...
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