Click the link to read the article on the Pagosa Springs Sun website (Derek Kutzer). Here’s an excerpt:
At a Dec. 21 meeting, the Pagosa Springs Town Council voted to change the language of an amend- ment to its tap agreement with The Springs Resort and Spa. Since 2009, the agreement has provided a certain amount of “raw geothermal water” to The Springs Resort for commercial uses. The town currently obtains water rights to two geothermal wells down- town. The new language adopted by the council will leave open the possibility of raising the rate that the town charges The Springs Resort for municipal geothermal water to even higher than the $12,000 per-year rate in the current drafted amendment.
At the meeting, Town Manager David Harris said, “The existing rates are set to expire in this calendar year,” which prompted the town and The Springs Resort to draft this amendment for the council to consider.
Harris explained that this new amendment was the product of discussions with the owners of The Springs and that both parties believe it is a “fair” agreement.