Central Basin Water Rights Leased to Montebello Land & Water Company
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Description
The Puente Basin Water Agency ratified the lease of 465 acre-feet of Central Basin water rights to Montebello Land & Water Company for the 2024-25 water year at $125 per acre-foot. The action was unanimously approved following closed session discussion.
Contract Details
Contract Amount
465 acre-feet at $125 per acre-foot
Vendor
MONTEBELLO LAND & WATER COMPANY
Agency
Puente Basin Water Agency, CA
Contract Type
OTHER
Document Date
August 1, 2024
Contract Term
2024-25 water year
Renewal Date
2025-06-30
Renewal Info
Lease applies for the 2024-25 water year only. No mention of renewal; future extension subject to Agency action.
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