Regional Water System
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Land Acquisition and Support Services to Facilitate Purchasing Land for Additional Raw Water Supply; Resolution No, 25-28; Project No. 101-0667-25
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SUBJECT
recommendation
Adopt Resolution No. 25-28 authorizing funding in the amount of $7,750,000 to make a written offer to acquire real estate located in Red River County, needed to increase raw water supply.
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PURPOSE
Estimated population growth of current service areas requires additional raw water supplies.
RECOMMENDATION
The Executive Director and NTMWD staff recommend the Board of Directors:
1) Authorize the Executive Director to execute and deliver a proposed contract to purchase real estate with a budget in the amount of $7,750,000; and,
2) Adopt Resolution No. 25-28, "A Resolution Authorizing and Delegating Authority to the NTMWD Executive Director to Execute and Deliver a Real Estate Purchase Contract.”
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Consultant: |
Saunders, Walsh & Beard and Lloyd Gosselink Rochelle and Townsend |
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Scope: |
Property acquisition and support services necessary to facilitate purchasing land for additional raw water supply |
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Project: |
No. 101-0667-25, NTMWD Raw Water Supply |
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Amount: |
$7,750,000 |
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Committee: |
This will be an item on the May 21, 2025, Real Estate Committee meeting agenda |
DRIVER(S) FOR THIS PROJECT
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Strategic Objective: |
1.4 Reliable and Resilient Systems |
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☐ Regulatory Compliance |
☐ Asset Condition |
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☒ Capacity |
☐ Redundancy/Resiliency |
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☐ Relocation or External Requests |
☐ Operational Efficiency |
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☐ Safety |
☐ Administrative |
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☐ Policy |
☐ Other _____________ |
BACKGROUND
PROJECT PURPOSE
• Secure additional raw water reserves to meet current and future demand of service area.
SUPPORT SERVICES (ON AN AS-NEEDED BASIS)
• Employ the law firm of Saunders, Walsh & Beard to act as counsel for the acquisition of the property located in Red River County.
• Employ the law firm of Lloyd Gosselink to act as counsel on water rights and other regulatory issues.
• Employ a title company to provide professional services.
• Employ survey services to perform title surveys for purchase and acquisition, as well as to verify property lines and potential easement locations, when necessary.
• Employ such other professionals necessary to effectuate the purchase and acquisition of the property.
FUNDING
Funding in the amount of $7,750,000 is to be made available in the Regional Water System Capital Improvement Fund.