t
Approval of Memorandum of Understanding (MOU) with the Village of Tijeras
b
The Water Authority and the Village of Tijeras entered into an agreement for return flow credits in 2010 which expired in 2015. The Village has requested a new MOU to provide return flow credits to provide additional time for the Village to acquire additional water rights in accordance with their permit with the Office of the State Engineer.
While the Water Authority retains ownership of the return flows, this MOU allows for the granting of these return flow credits to the Village on an annual basis as long at the Village customers remain in good standing with their accounts.
The Village has its own water system and only wastewater from the Village’s water customers would apply to the Village’s return flow credit under the MOU.
The MOU will be executed immediately upon the board’s approval and will expire in five years following execution.
FISCAL IMPACT:
None.