Prior to 2007, the Reno, Sparks and Washoe County (Entities) were negotiating with the Pyramid Lake Paiute Tribe (PLPT) the details as to satisfying the obligation pursuant to Section 1.E.4 of the Truckee River Operating Agreement (TROA) to provide 6700 acre feet of water rights.  In 2007, the Entities agreed to designate their respective water rights associated with street right-of-ways toward the satisfaction of the 6700 acre feet.  In this regard, the Entities entered into a management agreement for the purpose of acquiring additional water rights, a funding source for the acquisition of the water rights, and reimbursement as to the acquisition of additional water rights.  Through various mechanisms the Entities met their obligation without having to use the funding mechanism set forth in the February of 2007 Agreement.  

The agreement is not necessary as the entities met the obligation to provide 6700 acre feet of water rights pursuant to Section 1.E.4 of the Truckee River Operation Agreement in August of 2015.  The agreement provides for its termination by a written instrument executed by the Entities which is being presented for approval.   Since the ownership of water rights evolved since the February 2007 Agreement, the termination is warranted and management of the water will be addressed in a separate agreement currently being developed.

1. City Council could approve the Termination as outlined by Staff.
2. City Council could reject the Termination and provide direction to the City Manager.

I move to approve the termination of agreement on water rights as outlined by Staff.