HomeMy WebLinkAbout004 Cash in Lieu of Water Rights -BO
THE CITY OF BOZEMAN
(j 9. 20 E. OLIVE - P.O. BOX 1230
BOZEMAN. MONTANA 59771.1 230
Ct 883 ENGINEERING DEPARTMENT
9�7Ncoo14 0, PHONE: (406) 582-2280 - FAX: (406) 582-2263
Date: July 23. 2007
CASH IN LIEU OF WATER RIGHTS
For a Commercial Property
Protect Name: Bozeman Gateway Subdivision Ph 2
Applicant Name: Jim Ullman, Morrison Maierle, Inc.
Applicant Address: P.Q. Box 1113
Bozeman, Montana 59771
;area.- 15.02 acres
%oning: g_2
Water diversion requirements based on zoning
T—oin;�n Ine follow nri figures 19 tntl:Ca2'J.6L;not useu in i p cato:7mfon w itv jiml ootw omo,,1 t
654,271 sq. ft. X 22.57 gal/sq.ft. = 14.766.896 gallons per year use
45.318 acre-feet per ,year
Cash-in-lieu amount 45.318 ac-ft X $30.55 per ac-ft X 11.7668 =
TOTAL CASH-IN-LIEU AMOUNT G
$1 fi,29Q.72
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NOTE: The value calculate,,{ for the cash-in-lieu amount is equal to the(ICity's
expenses for an equivalent amount of water, on an annual basis, drawn
from Hyalite Reservoir. This expense is calculated on the City's annual
payments to the Middle Creek Water Users'Association of$30.55 per
acre-foot, at present-worth, based on the 40-year rehabilitation loan @
8,125%.
HOME OF MONTANA STATE UNIVERSITY
GATEWAY TO YELLOWSTONE PARK
2406
iMITCHELL DEVELOPMENT GROUP, LLC
1315 8TH AVENUE NORTH FIRST INTERSTATE BANK
GREAT FALLS,NIT 59401 93-168-929
(406)761-4400 -/23/2007
Pa to the
rd City of Bozeman $ **16 290.72
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Sixteen Thousand Two Hundred Ninety and 72/100*************'******************************************************** DOLLRR,S
City of Bozeman
P. O. Box 1230
Bozeman, MT 59771-1230
11600 240611' 1:09 290 I68 31: 2 209 39 78 II'
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