City Council

10. Approve Agreement with Liberty Utilities to Lease 500 Acre-Feet of Water\nRights Annually for Three (3) Years. (500)\nRecommendation:\n1. Approve a Groundwater Pumping Water Rights License and Agreement,\nwith “flex rights” (transfers both the pumping right and associated carryover\nrights to the lessee) with Liberty Utilities, to lease 500 acre-feet of unused\nwater rights from fiscal years (FY) 2023-2026 Allowable Pumping Allocation;\n2. Increase the revenue for Pico Rivera Water Authority Fund (Account No.\n550.00.0000-43250) by $42,500 annually for fiscal years 2023-2026; and\n3. Authorize the Executive Director to execute a lease agreement in a form\napproved by the General Counsel.\nAgreement No. ________