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File #: RES 2020-104    Version: 1 Name:
Type: Resolution Status: Passed
File created: 9/24/2020 In control: Town Council
On agenda: 10/6/2020 Final action: 10/6/2020
Title: Resolution Approving the Town of Castle Rock and Denver Botanic Gardens at Chatfield Farms Spot Water Lease Agreement
Attachments: 1. Attachment A: Resolution, 2. Exhibit 1: Lease Agreement, 3. Presentation
Related files: WC 2020-092

To:                     Honorable Mayor and Members of Town Council

 

From:                     Mark Marlowe, P.E., Director of Castle Rock Water

                     Matt Benak, P.E., Water Resources Manager

 

Title

Resolution Approving the Town of Castle Rock and Denver Botanic Gardens at Chatfield Farms Spot Water Lease Agreement

Body

________________________________________________________________________________

 

Executive Summary

 

Castle Rock Water is seeking Town Council approval of a resolution (Attachment A) for a spot water lease with the Botanic Gardens at Chatfield (Botanic Gardens).  The Botanic Gardens utilizes an alluvial well connected to Deer Creek in Jefferson County to irrigate corn and pumpkin crops on their property, and given the drought situation this summer, they wish to lease some of the Town’s water to augment some of the irrigation water they used.

 

If Council approves this lease, a 4 acre-foot (AF) slug of water would be released from the Town’s Chatfield Reservoir storage account to cover the Botanic Gardens post-pumping depletions from their alluvial well.  This release would occur between October 7 and October 31, 2020.  The Town will assess a $300 per AF price for the water for a total lease fee of $1,200.  The agreement will terminate at the end of 2020.

 

Budget Impact

 

If Council approves the agreement, Castle Rock Water would receive $1,200 in additional revenue in 2020.  The revenue will be deposited into the Water Resources Fund Capital Leases account 211-4375-393.70-00.

 

Staff Recommendation

 

Staff recommends approval of the resolution as presented.

 

Proposed Motion

 

“I move to approve the Resolution as introduced by title.”

 

Attachments

 

Attachment A:                     Resolution

Exhibit 1:                                          Lease Agreement