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PUBLIC
BILL SUMMARY For CONSIDERATION OF PROPERTY TRANSACTION PROPOSAL, DEPARTMENT OF NATURAL RESOURCES

JOINT COMMITTEE COMMITTEE ON CAPITAL DEVELOPMENT COMMITTEE
Date Mar 19, 2026       Location SCR 357

Consideration of Property Transaction Proposal, Department of Natural Resources - Committee Discussion Only


08:33:52 AM  
Daphne Gervais, Legislative Director, Department of Natural Resources, introduced herself and described the Mt. Pisgah Reservoir and Ditch Company - Water Share Disposition request. A CDC staff write-up on the request is included as Attachment A.

08:37:46 AM
Motion Recommend support for the fee title disposition of 2,446.248 shares in the Mt. Pisgah Reservoir and Ditch Company ($700/ share, or $1,712,373.60) and the lease acquisition of a minimum of 25 acre-feet of storage space in Mt. Pisgah Reservoir ($275/ acre foot of storage space and $100/ acre foot released).
Moved Story
Seconded
Hinrichsen Excused
Lindsay Excused
Pelton B. Yes
Winter T. Yes
Story Yes
Mullica Yes
YES: 4   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  PASS