AGREEMENT FOR ACQUISITION OF CONSERVED WATER BETWEEN IMPERIAL
IRRIGATION DISTRICT AND COACHELLA VALLEY WATER DISTRICT
THIS AGREEMENT FOR ACQUISITION OF CONSERVED WATER ("Agreement")
is made and entered into by IMPERIAL IRRIGATION DISTRICT, a California irrigation
district ("IID"), and COACHELLA VALLEY WATER DISTRICT, a California county water
district ("CVWD"), as of December_________________, 2002. IID and CVWD are sometimes
referred to individually as a "Party" and collectively as the "Parties."
R E C I T A L S:
IID is an irrigation district organized under the California Irrigation District Law,
codified at §§ 20500 et seq. of the California Water Code, and delivers Colorado River water in
Imperial County, California for irrigation and potable purposes.
CVWD is a county water district organized under the California County Water
District Law, codified at §§ 30000 et seq. of the California Water Code, and delivers Colorado
River water in Riverside County, California for irrigation and potable purposes.
This Agreement is one of several agreements executed and delivered as of the
date hereof by the Parties and by other agencies, including Metropolitan Water District
(“MWD”), pursuant to the Quantification Settlement Agreement among the Parties and MWD
dated as of December____, 2002 (the “QSA”), which settles a variety of long-standing disputes
regarding the priority, use, and transfer of Colorado River water and establishes the terms for the
further distribution of Colorado River water among these entities for up to seventy-five years
based upon the water budgets set forth therein.
IID will cause Water Conservation Efforts (defined below) to be undertaken in
exchange for payments to be made by CVWD.
This Agreement provides for the voluntary acquisition of Conserved Water from
IID by CVWD.
CVWD is willing to make payments to IID in order to acquire Conserved Water
created by IID's Water Conservation Efforts.
The purpose of this Agreement is to set forth the terms a