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Council approves groundwater-transfer and cost-sharing agreement with Bella Vista Water District to enable development in overlap area
Summary
The council approved a groundwater-transfer and facilities cost-sharing agreement with Bella Vista Water District that allows the district to reserve access to groundwater (via purchase reservations priced at $2,375 per acre-foot) and to draw up to 1,000 acre-feet in a given year to support development in the overlap area inside city limits.
The council authorized the city to enter a groundwater-transfer and facilities cost-sharing agreement with Bella Vista Water District designed to remove water-supply as a development barrier in the network of overlapping service areas. Under the agreement Bella Vista can purchase a reservation in the groundwater system by paying a fixed reservation fee of $2,375 per acre-foot and reserving the right to access up to 1,000 acre-feet of…
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