File #: 21-1410   
Type: Payment Ordinance Status: Adopted
Meeting Body: City Council Formal Meeting
On agenda: 6/16/2021 Final action: 6/16/2021
Title: Salt River Project Agricultural Improvement and Power District doing business as SRP

Title

Salt River Project Agricultural Improvement and Power District doing business as SRP

 

Description

For $300,000.00 in annual payment authority for Contract 63846 for Fiscal Year 2021-22 for operation and maintenance costs for the Granite Reef Underground Storage Project for the Water Services Department. The Granite Reef Underground Storage Project operates under an Intergovernmental Agreement between Salt River Project and the cities of Chandler, Gilbert, Phoenix, Mesa, Scottsdale, and Tempe. Phoenix owns 25.755 percent of the underground water storage capacity of Granite Reef Underground Storage Project and pays its proportional share of Granite Reef Underground Storage Project costs.