City Council

15. Approve an 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 rights and associated carryover\nrights to the lessee) with Liberty Utilities, to lease 500 acre-fee of unused\nwater rights from fiscal years 2023-2026 Allowable Pumping Allocation;\n2. Increase the budget for Pico Rivera Water Authority (PRWA) Fund revenue\n(Account No. 550.00.0000-43250) by $42,500 for fiscal year 2023-2024; and\n3. Authorize the City Manager to execute a lease agreement in a form approved\nby the City Attorney.\nAgreement No. ________