To: Honorable Mayor and Members of Town Council
Through: David L. Corliss, Town Manager
From: Mark Marlowe, P.E., Director of Castle Rock Water
Lauren Moore, Water Resources Manager
Title
Resolution Approving the First Amendment to the Infrastructure Development and Purchase Agreement and Water Lease Agreement between the Town of Castle Rock, acting by and through the Castle Rock Water Enterprise, and Tallgrass Colorado Municipal Water, LLC. [Lost Creek area of Weld County, Colorado]
Body
________________________________________________________________________________
Executive Summary
Castle Rock Water (CRW) staff request Town Council approval of a Resolution (see Attachment A) for the First Amendment to the Infrastructure Development and Purchase Agreement and Water Lease Agreement between the Town of Castle Rock and Tallgrass Colorado Municipal Water, LLC (Tallgrass). This amendment (see Exhibit 1) is strictly to extend the deadline outlined in section 2.10 Purchase Obligation for the Town and Tallgrass to reach an agreement on Phase 1B and Phase 2 of the project to January 31, 2026. Please reference Resolution No. 2024-103 (Attachment B) for additional detail regarding the original agreement.
Proposed Motion
“I move to approve the Resolution as introduced by title.”
Attachments
Staff Report
Attachment A: Resolution
Exhibit 1: Agreement
Attachment B: Resolution 2024-103