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Kittitas County staff seek board approval to extend private water-bank contract
Summary
County water-resources staff asked the board to authorize an amendment to extend a private water-bank contract another five years and to recognize an assignment of the bank's interest to another entity; staff said fee passthroughs will reflect transferred-water value and county administrative fees will remain.
Kittitas County water-resources staff requested that commissioners approve a contract amendment to extend an existing five-year agreement with a private water bank for another five years and to acknowledge that the water bank is assigning its interest into another entity.
Arden Thomas, the county’s water resources manager, said the contract allows the county to issue mitigation from the private bank in the same way it issues mitigation from the county’s water bank, and that from a customer perspective there is no difference. Thomas said the county typically retains administrative fees associated with issuing mitigation but that a portion of the fee will be returned to reflect the value of the water rights being transferred. He said the existing five-year agreement expired on May 18 and the water banker has water remaining and would like to extend the agreement another five years. Thomas asked the board to approve a resolution authorizing the contract amendment.
Transcript excerpts indicate staff requested board action; no formal vote on this amendment appears in the provided excerpt.
