Snoqualmie Valley Water Bank launches short-term water right leasing program for 2018 auction

  • Monday, October 9, 2017 2:56pm
  • News

New to agricultural irrigation in the Snoqualmie Valley this year is a water use auction for multiple years, starting next season. All watershed improvement district members can submit a request to lease water rights for use on their farm during the 2018 irrigation season, for leases for one or multiple years, up to five.

The Snoqualmie Valley Water Bank was formed in 2017 to ensure water availability for present and future irrigated agriculture within the Snoqualmie Valley Watershed Improvement District. The agriculturally focused water bank is the first of its kind in Washington State. In 2017 the bank facilitated a two-way auction for buyers and sellers of water rights which resulted in water use agreements with six farms.

For the 2018 irrigation season, the water bank is expanding the options available to those in need of irrigation water rights by offering leases for one to five years. The 2017 market price of $125 per acre-foot of water will also be the market price in 2018.

“We heard from farmers in 2017 that the ability to lease water for more than a year would help with farm planning and increase certainty. The 2018 Short-Term Leasing Program lets farmers choose a water right lease term that works for their operation.” Said Cynthia Krass, Executive Director of the district.

Water Right Request Forms must be submitted to the SVWID during the water bank’s marketing window, Oct. 15 to Dec. 1. For forms and more information, visit www.svwid.com.

More in News

Sound Publishing file photo
King County approves gun warning sign requirement

Warning signs must be posted in all King County gun stores and firing ranges.

Football coaches butt heads: Mount Si and Mount Vernon coaches display unsportsmanlike behaviors

Both school districts are investigating the behavior of their coaches following state playoff game.

Peter Gabryjelski and other fourth-grade students from Ms. Cuddihy’s class welcome veterans as they enter the Snoqualmie Elementary Veterans Day assembly on Nov. 9. Madison Miller/staff photo
Snoqualmie Elementary fourth graders honor veterans with assembly

Ms. Cuddihy’s fourth graders host a Veterans Day breakfast and assembly for the 10th year.

Sallal announced that they made repairs to the vandalized water tank on Nov. 3. They finished test results and lifted the no drink order on Nov. 10. Photo courtesy of Sallal Water Association
No drink order lifted on North Bend homes

Locals in 82 homes were ordered to not drink their tap water for about 10 days.

Snoqualmie Casino staff members (from left) Trevor House, Linda Yem, Sophorn Seng, Ross Garmon and Jan Wu surround a gaming table in the new private gaming room at Snoqualmie Casino. Photo courtesy of Tarah Smigun
Snoqualmie Casino gets private gaming room

The addition is the final casino upgrade of 2018.

Snoqualmie Council approves Salish expansion project master plan application

The Salish Lodge and Spa Expansion project has passed another milestone on the path to construction.

King County considers how to invest in Snoqualmie River flood infrastructure

County representatives met in North Bend to talk with residents about an investment plan.

Veteran’s, Josh Harris and Asa Palagi start security company in early 2018 called Cascadia Global Security. Photo courtesy of CGS.
Two veterans launch private security company

Asa Palagi and Josh Harris start Cascadia Global Security to provide personalized security

North Bend completes full renovation of NE 12th Street

North Bend has completed a long time priority project, the improvement of NE 12th Street.

Most Read