Water rights for sale for use in th T...

Water rights for sale for use in th Township of Bernalillo

Posted in the Bernalillo Forum

Gary

Albuquerque, NM

#1 Feb 13, 2012
We have 25.7 Acre Feet of Water Rights for sale. The Water Rights are committed for use in the wells of the Township of Bernalillo. A developer told us the Township sold water rights to them for $18,000.dollars per acre foot. The Township isnít interested in buying our water rights from us at this time. These water rights will be of value to a developer that plans a new development in the Township. I believe the Township will eventually need to purchase water rights as they grow. The Township even acknowledges they will need to acquire more water rights as time goes by. The Township acknowledges this in their monthly newsletter that is distributed with the water bills. We are willing to take less for our water rights than the city was allegedly selling theirs to a developer for.

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