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La Puente Valley County Water District Board Meeting Agenda April 2026

IPU to Lease 300 AF of Basin Rights from LPVCWD

$296,751La Puente Valley County Water DistLA PUENTE VALLEY COUNTY WATER DISTRICTApril 25, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Description

Industry Public Utilities is set to lease 300 acre-feet of Main San Gabriel Basin groundwater production rights from La Puente Valley County Water District for $296,751 during the 2025-26 water year. The lease price at 91% of the replenishment rate will save approximately $29,349 compared to purchasing replenishment water outright.

Contract Details

Contract Amount

$296,751

Vendor

LA PUENTE VALLEY COUNTY WATER DISTRICT

Agency

La Puente Valley County Water Dist, CA

Contract Type

FINANCIAL_SERVICES

Document Date

April 25, 2026

Contract Term

July 1, 2025 – June 30, 2026

Renewal Date

2026-06-30

Renewal Info

Single-year lease for the 2025-26 water year with a reconciling adjustment if the Pre-purchased Supplemental Water Rate changes before June 30, 2026. The agreement does not include automatic renewal, but similar leases may be negotiated in future years.

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