Water Storage Lease Amended with EMD Through 2029
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Description
Hidden Valley Water District and Evergreen Metropolitan District entered an amended agreement for 34.1 acre-feet/year of interim storage capacity in EMD's raw water system through 2029, renewable to 2032. Initial cost is $17,050 annually.
Contract Details
Contract Amount
$17,050/year for 2025–2029, increases to $25,575/year if renewed 2030–2032, subject to adjustments
Vendor
EVERGREEN METROPOLITAN DISTRICT
Agency
Hidden Valley Water District, CO
Contract Type
FACILITIES
Document Date
February 24, 2026
Contract Term
January 1, 2025 – December 31, 2029, with 3-year renewal option at EMD's discretion
Renewal Date
2029-12-31
Renewal Info
5-year initial term (2025–2029), renewable for one 3-year extension (2030–2032) at EMD's discretion. Annual rate adjustments. Early termination possible if HVWD secures permanent storage.
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