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HomeMy WebLinkAboutresolution.council.123-14 RESOLUTION #123 (Series of 2014) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, APPROVING A LETTER AGREEMENT BETWEEN THE CITY OF ASPEN, THE COLORADO RIVER WATER CONSERVATION DISTRICT AND THE TWIN LAKES RESERVOIR AND CANAL COMPANY RELATED TO MITIGATION OF JUNIOR WATER RIGHT DIVERSIONS AND AUTHORIZING THE CITY MANAGER TO EXECUTE SAID AGREEMENT ON BEHALF OF THE CITY OF ASPEN, COLORADO. WHEREAS, there has been submitted to the City Council a three party letter agreement between the City of Aspen, the Colorado River Water Conservation District and the Twin Lakes Reservoir and Canal Company, a true and accurate copy of which is attached hereto as Exhibit "A"; and WHEREAS, the City Council has reviewed the letter agreement and the memorandum provided by City staff, and has determined that the letter agreement is beneficial to the City; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, That the City Council of the City of Aspen hereby approves the three party letter agreement between the City of Aspen, the Colorado River Water Conservation District and the Twin Lakes Reservoir and Canal Company, attached as Exhibit A, which specifies mitigation requirements for diversions related to a junior water right held by Twin Lakes, , a copy of which is annexed hereto and incorporated herein, and does hereby authorize the City Manager to execute said agreement on behalf of the City of Aspen. INTRODUCED, READ AND ADOPTED b tpie Ci , ouncil of the ity of Aspen on the 13th day of October 2014. , i Ste en Skadron, Mayor I, Linda Manning, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council of the City of Aspen, Colorado, at a meeting held October 13, 2014 Linda Manning, ity Clerk