STORAGE WATER LEASE AUCTION
Lyon County, NV
The Walker Basin Conservancy (Conservancy) was established by Public Law 111-85 (2009) for the primary purpose of restoring and maintaining Walker Lake, and to protect agriculture, environmental and habitat interests in the Walker Basin consistent with that primary purpose. The Conservancy is making available approximately 1,500 acre-feet of storage water (1,000 acre-feet from Bridgeport Reservoir and 500 acre-feet from Topaz Lake) for lease during the 2020 irrigation season through a set price, 10-acre-feet incremental round bid. The Conservancy invites current Walker River Irrigation District (WRID) patrons interested in leasing storage water to submit a one bid per person for increments of 10-acre feet using the Bid Form below.
The price for the bid is Fifty Dollars ($50) per acre-foot.
Qualified bidders submit a bid form stating the desired volume (in acre-feet), contact information, desired water source, and willingness to accept a lesser bid volume if demand exceeds available storage.
The total storage water quantity available for lease is 1,500 AF: 1,000 acre-feet from Bridgeport Reservoir and 500 acre-feet from Topaz Lake. The volume of storage water will be awarded in 10 acre-feet increments to all participating bidders through rounds until volume demand is satisfied or until allocated. If demand exceeds total available storage, the final round will be awarded to remaining bidders based on when the bid was submitted. Participants in the 5/18 – 5/22 Storage Water Lease Auction who were not awarded storage water and are submitting a bid will be placed in front of the queue based on their placement in the 5/18 – 5/22 Storage Water Lease Auction. This Storage Water Lease Auction will begin June 15, 2020 at 8:00 am and remain open until June 19, 2020 at 5:00 pm, subject to availability.
Bid Submission and Auction Details:
All qualified bids are binding;
Limit one bid per person;
Bid Forms will be accessible, completed, and submitted through the Conservancy website: http://www.walkerbasin.org/storage-lease-auction between June 15, 2020 and June 19, 2020;
If bidder cannot submit bid through the Conservancy website accommodations can be made by contacting Silas Adams;
All uses of leased storage water are subject to WRID rules and regulations;
Bidders must be current WRID patrons;
Bids will have a set price of $50 PER ACRE-FOOT
Bids shall specify volume of storage water desired to be leased in 10 acre-feet increments;
Bidders shall indicate whether they will accept a lower volume in the event their bid can only be partially filled;
Each bidder will be awarded 10 acre-feet at a time until each bidder receives 10 acre-feet (i.e. round);
Bidders will continue to be awarded in 10 acre-feet rounds until their desired volume is met; or
If cumulative bid demand exceeds 1,500 AF, the last round of available storage water will be awarded in 10 acre-feet increments in order of bid submission;
Participants in the 5/18 – 5/22 Storage Water Lease Auction who were not awarded storage water and are submitting a bid will be placed in front of the queue based on their placement in he 5/18 – 5/22 Storage Water Lease Auction.
Winning bidders will sign a lease agreement and the WRID transfer form for the Conservancy’s approval and signature;
Winning bidders must complete and sign all forms and provide a check for the entire amount within five (5) days of winning a bid. Failure to do so will result in the bid going to the next person in queue; and
The Conservancy reserves the right to alter, amend, or modify any provision of this solicitation, or to withdraw this solicitation, at any time prior to the award of a lease at WBC’s sole determination.
Storage Water Lease Auction Form (REQUIRED)
Please direct questions to:
Walker Basin Conservancy
c/o Silas Adams
615 Riverside Drive Suite C
Reno, NV 89503 O:(775) 463-9887 x103
silas.adams@walkerbasin.org