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Wellington trustees back staff to finalize 2026 water agreement with North Poudre
Summary
Trustees praised a proposed 40‑year water supply and storage/carriage agreement that would replace the town’s volatile 1983 pricing formula with a starting price of $1,200 per acre‑foot (inflation‑adjusted) and provide storage and delivery options to support future diversification.
Wellington Town trustees on Jan. 27 reviewed a proposed 2026 water supply agreement with North Poudre Irrigation Company and a companion storage and carriage operations agreement that town staff said would stabilize costs and allow the town to pursue additional supplies.
Deputy Director of Public Works Megan Smith told the board the proposal would replace the market‑based pricing in a 1983 agreement with “a starting price of $1,200 an acre foot that is adjusted annually for inflation” and add a 40‑year termed contract through water year 2066 while preserving legacy water associated with prior share transfers. She said the package includes negotiated step‑down minimum payments in the first four years to provide revenue stability…
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