IPU to lease 300 AF groundwater rights from La Puente
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Description
Industry Public Utilities plans to lease 300 acre-feet of groundwater production rights from La Puente Valley County Water District for the 2025-2026 water year. The short-term lease totals $296,751 at a rate of $989.17 per acre-foot, providing projected savings compared to purchasing imported replenishment water.
Contract Details
Contract Amount
$296,751 (300 acre-feet at $989.17 per AF, equal to 91% of $1,087 replenishment rate)
Vendor
LA PUENTE VALLEY COUNTY WATER DISTRICT
Agency
City of Industry, TX
Contract Type
UTILITIES
Document Date
May 13, 2026
Contract Term
Effective May 14, 2026 through June 30, 2026 (2025–2026 water year)
Renewal Date
2026-06-30
Renewal Info
Single-year lease of 300 AF of Annual Production Rights for the 2025-2026 production year, expiring June 30, 2026; any future leasing would require a new agreement.
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