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RESOLUTION NO. 20 <br />SERIES 2024 <br />F-11 N **Q *111 [07►I_1»:Z61T/ 1►"ViVelTi%1I:I:»:_F9:F_'W N 4 :1Ji 14 Z I &I <br />WHEREAS, the City owns unused or excess return flow credits from its <br />Wastewater Plant that are available to be leased to farms and other property owners; <br />and <br />WHEREAS, by this resolution the City Council desires to approve, and authorize <br />the Mayor to execute, two Water Lease Agreements related to these credits. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF LOUISVILLE, COLORADO: <br />Section 1. The City Council hereby approves: (1) the Water Lease Agreement <br />by and between the City of Louisville and Jay and Kristen Schultz; and (2) the Water <br />Lease Agreement by and between the City of Louisville and Three Leaf Farm, LLC <br />(collectively, the Agreements), in essentially the same form as the copies of such <br />Agreements that accompany this resolution. <br />Section 2. The Mayor is hereby authorized to execute the Agreements on behalf <br />of the City, and the Mayor is hereby further authorized to negotiate and approve such <br />revisions to such Agreements as the Mayor determines are necessary or desirable for the <br />protection of the City, so long as the essential terms and conditions of such Agreements <br />are not altered. <br />PASSED AND ADOPTED this 7t" day of May, 2024. <br />ATTEST: <br />Meredyth Muth, City Clerk <br />At-�- M � 4 <br />Christ p er M. Leh, Mayor <br />Resolution No. 20, Series 2024 <br />Page 1 of 1 <br />