HomeMy WebLinkAbout4b Water Rights Memo From Heaston 8-24-181
Subject:FW: Anderson 160 acres - water rights
From: Brian Heaston [ mailto:bheaston@BOZEMAN.NET ]
Sent: Friday, August 24, 2018 11:16 AM
To: Matt E. Ekstrom < mekstrom@m-m.net >
Cc: Shawn Kohtz < SKohtz@BOZEMAN.NET >
Subject: RE: Anderson 160 acres
Yes, we’re interested in these water rights being transferred to COB and can use that transfer as consideration in
meeting the CILWR obligation for the project as it moves through platting. I can’t tell you at this time what the value of
the consideration will be as it will be negotiated based on how much water is actually transferred. I’d prefer for the
water rights transfer to be written into the annexation agreement so it becomes a contractual obligation thus
preventing Baxter Ranch from severing the water from the land for them to hold as a separate asset.
Are you working for Baxter Ranch/Anderson or a separate entity? If the latter, I would encourage you to have the buyer
drive hard on obtaining the appurtenant portion of these rights when the ownership changes hands and not allow
Baxter Ranch to sever the water from the land.
From: Matt E. Ekstrom [ mailto:mekstrom@m-m.net ]
Sent: Thursday, August 23, 2018 5:07 PM
To: Brian Heaston < bheaston@BOZEMAN.NET >
Subject: Anderson 160 acres
Brian,
We are starting to work on the property described below. We met with Shawn K. and Griffin N. in regards to
some general infrastructure questions today. The topic of cash-in-lieu of water rights came up. They suggested
we pass the water rights that are associated with the property (see the attachments) along to see if these
would be something the City could use?
Thank you,
Matt
Matt E. Ekstrom, PE
Direct | 406.922.6784