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Long Beach, CA
File #: 20-141WA    Version: 1 Name: Authorize the General Manager to execute an Agreement to lease 1,946.59 acre-feet of Allowable Pumping Allocation to the City of Lakewood for the period of July 1, 2019 through June 30, 2020 and to execute an Agreement to lease 1,946.59 acre-feet of Allow
Type: WA-Agenda Item Status: Approved
File created: 7/30/2020 In control: Water Commission (now under Utilities Commission)
On agenda: 8/6/2020 Final action: 8/6/2020
Title: Recommendation to authorize the General Manager to execute an Agreement to lease 1,946.59 acre-feet of Allowable Pumping Allocation to the City of Lakewood for the period of July 1, 2019 through June 30, 2020 and to execute an Agreement to lease 1,946.59 acre-feet of Allowable Pumping Allocation from the City of Lakewood for the period of July 1, 2020 through June 30, 2021. BUREAU: Water Resources
Attachments: 1. Agenda item 9. Lakewood lease

TITLE

Recommendation to authorize the General Manager to execute an Agreement to lease 1,946.59 acre-feet of Allowable Pumping Allocation to the City of Lakewood for the period of July 1, 2019 through June 30, 2020 and to execute an Agreement to lease 1,946.59 acre-feet of Allowable Pumping Allocation from the City of Lakewood for the period of July 1, 2020 through June 30, 2021.

 

BUREAU:  Water Resources

 

FISCAL IMPACT

There is no associated financial cost for these Agreements. The Agreements will allow for cost savings in future fiscal years by preserving groundwater rights and thereby reducing future imported water purchases.

 

SUGGESTED ACTION

Approve recommendation.