Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Water Rights topic
No spam. Unsubscribe anytime.
Rigby council approves $75,000 groundwater purchase, directs negotiation on broker fee
Summary
Council authorized purchase of groundwater rights currently on the market for $75,000, while directing staff to negotiate the broker fee; councilmembers asked for clarification about an apparent 10% buyer fee shown in documents.
Director of Public Works Mitch Bradley told the council water rights rarely come to market but that some were currently available for $75,000; he recommended purchasing them and said the city has planned to set aside funds annually for future purchases. Councilman Alex Espinosa questioned the documents, observing an apparent 10% buyer fee in the paperwork and asking for clarification. Mayor Nichole Weight and Mr. Bradley responded that the total cost presented to the city was a flat $75,000, but Espinosa requested further confirmation.
Councilwoman Melanie Allen moved to approve the groundwater purchase with direction to negotiate the broker rate but to accept the contract as written if necessary. The motion was seconded by Councilwoman Tonya Hillman and carried by unanimous roll call.
