Lakewood
City Council
Agenda Item 1
3.1 APPROVAL OF WATER RIGHTS LEASE AGREEMENT TO CITY OF CERRITOS - It is\nrecommended City Council approve groundwater rights lease agreement to City of Cerritos for 700\nacre-feet each FY 26/27, FY 27/28, and FY 28/29 for $119,000 per year for a total amount of\n$357,000; and authorize City Manager to sign corresponding agreement in a form approved by City\nAttorney.