Low PriorityWater Utilitiesopen

35-year Canal License Agreement

Summary

The Board was scheduled to recommend a 35-year license letting 7664 Indiana, LLC use part of the Riverside Water Company Canal in exchange for $146,866.78 in total revenue to the city.

At a glance

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Last 30 days
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Impact analysis

💰Financial impact

$146,866.78 in total revenue over 35 years.

✅Who benefits

The city receives long-term revenue; the licensee gains long-term canal access.

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