Chino

City Council

May 02, 2023 Item #18

Agenda Item 18

18. Sale of Stored Groundwater Reserves to The Fontana Water Company, Cucamonga Valley\nWater District, and Niagara Bottling Company.\nStaff Report by: Dave Crosley, Utilities Engineering and Operations Manager.\nRECOMMENDATION: 1) Approve a sale of 10,000, 7,500, and 4,000 acre-feet from the City’s\nExcess Carryover stored groundwater reserves to the Fontana Water Company, Cucamonga\nValley Water District, and Niagara Bottling Company, respectively; 2) appropriate $13,742,800\nto the Water Enterprise Fund 520; and 3) authorize the City Manager or their designee to\nprepare and execute the requisite documentation to complete the transactions.\nM _____ S _____ RC _____