PROJ00124 - Laserfiche WebLink

Home Browse Search

I I I I I I I I I I I I I I I I I I . r MEMORANDUM TO: The Board of Trustees of The Town of Wellington FROM: Alden V. -Hill DATE: June l5, 1982 Deat Members of the Board of Trustees: You know we also represent The North poudre Irri- gation Company, so we have a conflict of interest. We should not proceed with advice on this water project, where we are working with both the Town and North Poudre without your approval. As I have mentioned before, it would be my intention from the Town's point of view, to have independent counsel revi~w any agreement before the Town was obligated. This letter is to bring you up to date on my thoughts with regard to the efforts to improve the domestic water service for the Town of Wellington. You will have a general response from The North Poudre Irrigation Company commenting on the proposal for domestic raw water service submitted through Mr. Taranto. Harlan Seaworth of North Poudre will be at your June l5, 1982, meeting to answer questions from North Poudre's point of view. In my op~n~on, the Town can exchange North Poudre stock in return for a perpetual agreement to deliver water. Some important items to consider are: l. The Town would be receiving a commitment to get a certain number of acre feet per share which would approximate the amount of water it would receive per share if it remained as a stockholo~r. 2. The Town would be able to take delivery throughout the year to supply its water needs. A North Poudre stockholder is allowed to take delivery only during the irrigation season, which is from approximately April 15 to October 15. A stockholder doesn't have any assurance of a specified amount of water. Some years a stockholder would get more water and some years less water. Also, a stock- holder doesn't have a way to get water for domestic use except through Horsetooth Reservoir. . ~