HomeMy WebLinkAbout03. (Handout) Presentation of CCWD Lease of Alum drying pondsItem 3,
(Committee Handout)
PUBLIC HEARING FOR
RENEWAL OF CONTRA COSTA WATER DISTRICT
LEASE OF ALUM DRYING PONDS
Danea Gemmell
Planning & Development Services
Division Manager
November 22, 2016
ze*I.
MAP OF CCWD DRYING BASINS
1
CCWD ALUM DRYING POND LEASE
• Renewal for lease that originated in 1997.
• Lease is for 5 years with option for additional
years not to exceed 10 total.
• Staff monitors the operation via Class 11
Industrial User Permit.
• Rental Rate is $20,700/acre. Total annual lease
amount will be between $126,270 and $195,000
,depending on 3rd basin use.
CURRENT LEASE VALUES
Rent/Year Acres Escalation $/Aere Notes:
County Quarry $259,776 7 3% $37,111 Annually adjusted
Top Soil $71,640 5.22 3% $13,724 Three year adjustment pending 7/1/17
No escalation clause This is a 3 year Right of
Granite $24,000 1 $24,000 Entry.
CCWD Basrns(01d) $171,000 9,5 3% $18,000
CCWD Basins
(Proposed) $195,650 3% $20,700 15% Adjustment, Two basins rent = $126,000
2
QUESTIONS, COMMENTS,
DlscussloN