Replenishment Assessment definition
Examples of Replenishment Assessment in a sentence
Beginning October 1, 2018, the price per AF shall be adjusted, and annually thereafter on October 1 of each year, based upon the then current Over Production Replenishment Assessment Rate, but in no case shall the price per AF be less than $2,872 per AF.
The initial price for this water would be at the Watermaster’s Water Year 2016/17 Over Production Replenishment Assessment Rate of $2,872 per AF.
The Operating Party shall pay for such produced Program Stored Water based on the sum of the then current Replenishment Assessment, Additional Replenishment Assessment and, if applicable, the Basin Equity Assessment.
At the end of each Water Year, the Watermaster shall grant an RA Credit to the City, which shall equal the amount of all MCWD Entitlement used to irrigate the Golf Courses during the proceeding Water Year, not to exceed the City’s 540 acre- feet of Alternative Production Allocation, multiplied by the amount of the effective Replenishment Assessment Unit Cost for that Water Year.