AGENDA CAPTION:
Title
Receive a Staff update and hold discussion on the lease and sale of water, and provide direction to Staff.
Body
Meeting date: June 2, 2015
Department: Public Services - Water/Wastewater
Funds Required: NA
Account Number: NA
Funds Available: NA
Account Name: NA
CITY COUNCIL GOAL: Economic Vitality and Responsible Finances
BACKGROUND:
Council recently received information and discussed water supply/demand and drought contingency ordinance provisions. Staff received direction on revisions to the drought contingency ordinance but has yet to receive direction on the leasing of water rights or sale of treated water in excess of current demands.