The city manager is hereby authorized to purchase, lease, or otherwise acquire or take steps to acquire water rights, water, or the use of water for the use of the city and its residents in accordance with the provisions of this chapter. (Ord. 455 §1, 1981)

The city manager may:

(A) Purchase, lease, or otherwise acquire or take steps to acquire water rights, water, or the use of water.

(B) Purchase, lease, or otherwise acquire only that amount of water rights, water, or the use of water which can be paid for from the appropriations specified therefor in the annual budget of the city, including any adjustments to the budget made pursuant to the provisions of chapter XII of the Charter.

(C) Purchase or lease only enough water rights, water, or the use of water to fulfill the projected needs of the city for a five-year period. The city manager shall annually submit a report to the city council setting forth such projected needs.

(D) Request an ownership and encumbrance report as he or she deems advisable in connection with water transactions.

(E) Request an appropriate study from hydrological engineers as he or she deems advisable in connection with water transactions.

(F) Pay commissioner's or broker's fees in connection with water rights purchases or other water transactions.

(G) Employ such other professionals as he or she deems advisable in connection with water transactions. (Ord. 455 §2, 1981)

The city manager shall:

(A) Report all purchases, leases, other acquisitions or steps taken to acquire water rights, water, or the use of water to the city council at its next regularly scheduled meeting.

(B) Negotiate all water or water rights acquisitions in the manner he or she deems most beneficial to the city. (Ord. 455 §3, 1981)