Monte Vista Approves Water Lease to Rio Grande Water District
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Description
City of Monte Vista approved a Water Lease Agreement with the Rio Grande Water Conservation District to lease 130.46 acre-feet of water at $250 per acre-foot from May 1, 2026 through April 30, 2027. Payments will be made in two equal lump sums.
Contract Details
Contract Amount
$250 per acre-foot (130.46 AF total). $16,307.50 lump sum payment due within 15 days of execution, second $16,307.50 within 30 days after first payment.
Vendor
RIO GRANDE WATER CONSERVATION DISTRICT
Agency
City of Monte Vista, CO
Contract Type
OTHER
Document Date
April 16, 2026
Contract Term
May 1, 2026 through April 30, 2027
Renewal Date
2027-04-30
Renewal Info
One-year lease term, May 1, 2026 to April 30, 2027. No mention of auto-renewal; new agreement required for renewal or extension.
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