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South Gate awards 3-year water rights lease to Cerritos

City of Southgate logoCity of Southgate
Disclosed value
$180,000 per year (total $540,000 over three years)
From agenda bill
Awarded
Oct 22, 2024
Renews
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The 30-second brief

What it covers

The South Gate City Council is set to approve a three-year lease agreement with the City of Cerritos for 1,000 acre-feet of water rights annually, generating $180,000 per year for a total of $540,000. The lease runs from July 1, 2025 through June 30, 2028, with the goal of preventing lapse of unused water rights and generating revenue.

Who holds it

City of Cerritos holds this contract with City of Southgate. Its other public contracts on record include work for Department of Human Resources and City of Buena Park.

What happens next

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Contract details

Amount
$180,000 per year (total $540,000 over three years)
Document date
October 22, 2024
Term
July 1, 2025 – June 30, 2028 (three years)
Renews
On record
Vendor
City of Cerritos
Agency
City of Southgate
Source document
city-of-southgate-agenda-bill-2024-10-22_d51.pdf (Agenda Bill)

City of Cerritos's other public contracts

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Questions about this contract

Who was awarded the government contract by City of Southgate?

City of Cerritos was awarded this government contract by City of Southgate, as recorded on October 22, 2024. The contract value is $180,000 per year (total $540,000 over three years).

How much is the City of Cerritos contract with City of Southgate worth?

The City of Cerritos contract with City of Southgate is valued at $180,000 per year (total $540,000 over three years).

What type of contract is this?

This is a government contract, documented as a agenda bill record.

Where was this contract approved?

This contract appears in city-of-southgate-agenda-bill-2024-10-22_d51.pdf (Agenda Bill), dated October 22, 2024 from City of Southgate. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does City of Cerritos hold?

City of Cerritos may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Southgate currently buying?

Explore City of Southgate's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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