• Skip to primary navigation
  • Skip to main content
  • Skip to footer

Wingfoot Water Resources

Drought Supply and Long-Term Water Storage

  • Water in Colorado
  • Project Overview
  • Water News
  • Testimonials
  • Contact
Greeley City Council Passes Terry Ranch Project

Greeley City Council Passes Terry Ranch Project

March 3, 2021 by Wingfoot Water Resources, LLC

KUNC | By Luke Runyon
Published March 3, 2021 at 11:46 AM MST

Greeley city council has voted in favor of acquiring a large aquifer on the Colorado-Wyoming border to supply future growth in times of drought.

The Terry Ranch project earned unanimous support from council members during a meeting Tuesday evening. The project emerged as an alternative to expanding the city’s existing Seaman Reservoir along the North Fork of the Poudre River.

Greeley mayor John Gates said the aquifer project is the cheaper, more environmentally friendly option.

“In the final analysis I found the due diligence to be extremely thorough, which lacked any fatal flaws. If there had been any fatal flaws, I can’t speak for council, but I would’ve punted this project right down the road,” Gates said.

Wingfoot Water Resources, a private investment group, is trading the aquifer for water credits it can sell to developers interested in building within Greeley’s city limits. The company is also providing Greeley with $125 million in financing to build the infrastructure needed to tap into the aquifer.

Continue Reading

Filed Under: Water News

Footer

Greeley City Council Passes Terry Ranch Project

KUNC | By Luke Runyon Published March 3, 2021 at 11:46 AM MST Greeley city council has voted in favor of acquiring a large aquifer on the ...

Read More

Resources

  • City of Greeley Raw Water Dedication
  • Terry Ranch Master Purchase Agreement
  • Water Credit Redemption
  • Terry Ranch Project
  • testimonials
  • Contact
  • Privacy Policy

© 2023 Wingfoot Water Resources, LLC · Website by Road Warrior Creative