File #: CON 24-34    Version: 1 Name: Global Water Purchase Agreement
Type: Contract Status: Consent Agenda
File created: 11/26/2024 In control: City Council Regular Meeting
On agenda: 12/3/2024 Final action:
Title: The Mayor and City Council shall discuss and take action on approving a contract with Global Water - Santa Cruz Water Company, Inc. for an asset purchase agreement of a domestic water system serving property generally located south of Honeycutt Road between N. White and Parker Road and N. Porter Road . Discussion and Action.
Attachments: 1. Agreement
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TITLE

The Mayor and City Council shall discuss and take action on approving a contract with Global Water - Santa Cruz Water Company, Inc. for an asset purchase agreement of a domestic water system serving property generally located south of Honeycutt Road between N. White and Parker Road and N. Porter Road . Discussion and Action.

 

AGENDA ITEM DESCRIPTION

Asset Purchase Agreement regarding the acquisition of a domestic water system between City of Maricopa and Global Water - Santa Cruz Water Company, Inc.  City desires to sell the rights, title, interest and assets to Global Water to own, operate and manage all related requirements of the water system.  

 

PRESENTER

This item will be presented by Matt Kozlowski.

 

STAFF RECOMMENDATION

Staff recommends approval of this Asset Purchase Agreement.