Examples of Production Rights in a sentence
The total of the Production Rights decreed in this Judgment equals the Native Safe Yield.
Any Party may produce groundwater in excess of its Production Right allocated to it in Exhibit 4 for the purpose of constructing a facility located on land overlying the Basin that will generate, distribute or store solar power through and including December 31, 2016 and shall not be charged a Replacement Water Assessment or incur a Replacement Obligation for such Production in excess of its Production Rights.
If the New Production is limited to domestic use for one single-family household, the Watermaster Engineer has the authority to determine the New Production to be de minimis and waive payment of a Replacement Water Assessment; provided, the right to Produce such de minimis Groundwater is not transferable and shall not alter the Production Rights decreed in this Judgment.
Similarly, landowners may sell the land without transferring the Production Right or Carry Over water, but only if such retention of Production Right or Carry Over water is clearly stated in the deed and property transfer documents, otherwise it will be conclusively presumed that the Production Rights or Carry Over water, as the case may be, are included in the sale of the land.
In this case, the Production Rights would transfer to the new owner of the property associated with that sale as indicated by the definition of Party in the Judgment.
Section 18.1.1 of the Judgment provides for the composition of the Watermaster Board, which is to include: [T]wo (2) landowner Parties, exclusive of public agencies and members of the Non-Pumper and Small Pumper Classes, selected by majority vote of the landowners identified on Exhibit 4 (or their successors in interest) based on their proportionate share of the total Production Rights identified in Exhibit 4.
Rojas President of the Board Roy Frausto Board SecretarySTAFF REPORT Meeting Date: February 28, 2021 To: Honorable Board of Directors Subject: Leases of Main San Gabriel Basin Groundwater Production Rights Purpose - To lease out 350 acre-feet of Main San Gabriel Basin (Basin) Groundwater Production Rights, which are over the District’s needs.
These Category 3 water types can be used after a Producer uses its Production Rights (Category 1) and electively uses its Category 2 water (Unused Federal Reserved Water Rights and Rampdown Production above Production Right) since Category 2 water cannot be carried over.
Producers with Unused Federal Reserved Water Rights and/or Rampdown Production above their Production Right can use these water sources once they have used all Production Rights from Native Safe Yield for the year.
Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, Three Hundred Fifty (350) acre-feet of Production Rights (the “Leased Production Rights”) for the term and upon the terms and conditions set forth in this Lease.