HomeMy WebLinkAbout11- Salar Properties, LLC Memorandum of UnderstandingMEMORANDUM OF UNDERSTANDING
SALAR PROPERTIES, LLC AND CITY OF ROZEMAN
This Memorandum of Understanding ("MOU") is entered into by and between Salar
Properties, LLC ("Salar") and the City of Bozeman ("the City").
WHEREAS, the mission of Salar, and its proposed Water Resource Project ("the
Project") is to solve water conservation, supply and conveyance problems in the greater
Bozeman area, while enhancing the sustainability of the Gallatin River Basin on which local,
rural and urban communities depend; and
WHEREAS, the City has requested input from the public on potential ways and means
to address the near and long term water needs of its growing population; and
WHEREAS, a water storage and conveyance project such as the Salar Project constitutes
an opportunity in theory, for the City to cost effectively meet, in part, the future water supply and
distribution needs of its citizens; and
WHEREAS, the parties agree that enhancing the sustainability of the Gallatin River
Basin and protecting the interests of water rights holders, including Salar and the City, may be in
their mutual interests; and
WHEREAS, the purpose of this MOU is to confirm the willingness of the parties to
engage in a feasibility analysis process to identify, define and evaluate specific issues and
options relevant to achieving mutually beneficial water conservation, storage and conveyance
objectives compatible with their common interests.
NOW, THEREFORE, the City agrees to use its best efforts to assist Salar as it assesses
the risks and benefits associated with the Project by assigning a staff engineer to work with Salar
and answer questions from Salar regarding the City's current and future water supply demands
and also to provide data and information regarding the City's current and future water supply
needs.
IN WITNESS WHEREOF, Salar and the City indicate their intent to proceed as set
forth in this MOU, and hereby confirm that this MOU is not, and is not intended to be, a binding
contractual agreement between Salar and the City.
ACTING ON BEHALF OF THE PARTIES, THE TERMS AND INTENT OF THIS
MEMORANDUM OF UNDERSTANDING ARE HEREBY ACCEPTED.
FOR SALAR PROPERTIES, LLC
FA- � V- F/
Title. Managing Partner
Date: 7
FOR THE CITY OF BOZEMAN
Chris A. Kukulski
Title: City Manager
Date: